{"id":2800,"date":"2025-01-29T19:13:08","date_gmt":"2025-01-29T19:13:08","guid":{"rendered":"https:\/\/coinsvalue.net\/blog\/bitcoin-preparing-for-a-february-rally-analyst-says-new-high-is-two-weeks-away\/"},"modified":"2025-01-29T19:13:08","modified_gmt":"2025-01-29T19:13:08","slug":"bitcoin-preparing-for-a-february-rally-analyst-says-new-high-is-two-weeks-away","status":"publish","type":"post","link":"https:\/\/coinsvalue.net\/blog\/bitcoin-preparing-for-a-february-rally-analyst-says-new-high-is-two-weeks-away\/","title":{"rendered":"Bitcoin Preparing For A February Rally? Analyst Says New High Is Two Weeks Away"},"content":{"rendered":"

After starting the week with a red Monday, Bitcoin (BTC) has recovered the $100,000 zone, registering a 4% recovery from yesterday\u2019s lows. Following its recovery, some crypto analysts suggested that BTC could be getting ready for a February pump.<\/p>\n

Choppy January, Double-Digit February?<\/h2>\n

On Monday, the crypto market suffered a shakeout generated by the broader sell-off ignited by DeepSeek\u2019s Artificial Intelligence (AI) news. Altcoins like Ethereum (ETH) and Solana (SOL) fell 8.4% and 15%, respectively, while Bitcoin dropped 5%.<\/p>\n

The flagship cryptocurrency fell below the $100,000 mark for the first time in over a week, dipping to $98,000 on Monday. However, it has experienced a strong rebound, recovering the crucial support zone as the day ended.<\/p>\n

After surging to $102,000 on Tuesday morning, Bitcoin has been unable to reclaim $103,000, moving sideways within the $102,000-$102,990 price range throughout the day.<\/p>\n

Trader Daan Crypto noted that Bitcoin continued moving in the mid-zone of its post-election range despite the drop. \u201cRight back into the high-volume area within this range. Doesn’t seem like the $100K mark is left behind so easily just yet,\u201d he wrote.<\/p>\n

\"Bitcoin\"<\/p>\n

Daan considers that as long as Bitcoin doesn\u2019t break below or above $90,000 or $108,000, the price will continue with its \u201cdecent but choppy\u201d performance. However, he suggested that Bitcoin could have a better price action next month based on its historical performance.<\/p>\n

The trader points out that February has been historically<\/a> BTC\u2019s second-best month, only behind October. In the last 12 years, Bitcoin has seen a green performance during this month 10 times, registering up to 61% monthly return, according to CloinGlass data.<\/p>\n

Similarly, Rekt Capital stated that in its post-halving years, Bitcoin saw<\/a> a double-digit profit in February, with 61% in 2013, 23% in 2017, and 36% in 2021. The analysts added that \u201c8 out of the past 12 February dating back to 2013 have produced double-digit upside.\u201d<\/p>\n

Bitcoin Next Leg Up Coming Soon<\/h2>\n

Rekt Capital also considers that BTC is preparing for its next leg up. The analyst explained that Bitcoin completed its first post-halving Price Discovery Uptrend and first Price Discovery Uptrend Correction.<\/p>\n

This suggests<\/a> that BTC \u201cshould be able to embark on its second Price Discovery Uptrend to new highs\u201d in the next two weeks. According to Rekt Capital, the second phase historically starts during week 16 of Bitcoin\u2019s Parabolic Phase, with Bitcoin currently starting the 14th week.<\/p>\n

\u201cIn Week 14 of the 2017 cycle, Bitcoin was recovering from its first Price Discovery Correction only to make new highs in Week 16 In Week 14 of the 2021 cycle, Bitcoin was still just bottoming on its first Price Discovery Correction only to make new highs in Week 16,\u201d the analyst detailed.<\/p>\n

As a result, Rekt Capital suggests<\/a> investor \u201cPatienlly HODL\u201d for the next two weeks, as \u201cconfirmation Of The 2nd Price Discovery Uptrend\u201d is set to start next month.<\/p>\n

Moreover, Bitcoin\u2019s Monday close above $101,200 developed a \u201cnew early-stage Higher Low,\u201d which could see the price \u201cconsolidate further here to as high as the Range High at $106,200\u201d if it continues to hold above this level.<\/p>\n

\"bitcoin,<\/p>\n","protected":false},"excerpt":{"rendered":"

After starting the week with a red Monday, Bitcoin (BTC) has recovered the $100,000 zone, registering a 4% recovery from yesterday\u2019s lows. Following its recovery, some crypto analysts suggested that BTC could be getting ready for a February pump. Choppy January, Double-Digit February? On Monday, the crypto market suffered a shakeout generated by the broader…<\/p>\n","protected":false},"author":1,"featured_media":2801,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[119],"tags":[56,377,69,61,62,42,713,725,281,1630],"class_list":["post-2800","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bitcoin","tag-bitcoin","tag-bitcoin-bullish","tag-bitcoin-price","tag-btc","tag-btcusdt","tag-crypto-analyst","tag-crypto-bull-run-2025","tag-crypto-market-correction","tag-crypto-trader","tag-post-election-rally"],"_links":{"self":[{"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/posts\/2800","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/comments?post=2800"}],"version-history":[{"count":0,"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/posts\/2800\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/media\/2801"}],"wp:attachment":[{"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/media?parent=2800"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/categories?post=2800"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/tags?post=2800"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}