empty
12.02.2025 09:21 AM
Bitcoin Forecast for February 12, 2025
Bitcoin (BTC)

On the daily chart, Bitcoin has struggled to break above the balance indicator line (red moving average), indicating that market participants are focused on selling. The Marlin oscillator continues to decline within bearish territory, reinforcing the downward trend.

This image is no longer relevant

Key Downside Targets:

  • $91,160 – February 3 low
  • $89,007 – January 13 low
  • $86,714 – November 15 low

This image is no longer relevant

On the four-hour chart, Bitcoin has broken below the MACD line and remains significantly under the balance line, confirming a short-term downtrend. The Marlin oscillator's signal line is also moving deeper into the bearish zone, suggesting that the downtrend may accelerate, with a target of $91,160 in the near term.

Laurie Bailey,
Analytical expert of InstaForex
© 2007-2025
Summary
Urgency
Analytic
Yuriy Zaycev
Start trade
Earn on cryptocurrency rate changes with InstaForex
Download MetaTrader 4 and open your first trade
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST

Recommended Stories

Forecast for EUR/USD on July 23, 2025

On Tuesday, the EUR/USD pair rebounded from the 127.2% Fibonacci retracement level at 1.1712, but the upward movement continued after a close above that level. As a result, the bulls

Samir Klishi 10:57 2025-07-23 UTC+2

Forecast for GBP/USD on July 23, 2025

On the hourly chart, the GBP/USD pair rebounded from the 76.4% Fibonacci level at 1.3470 on Tuesday, turned in favor of the pound, and rose toward the 61.8% retracement level

Samir Klishi 10:37 2025-07-23 UTC+2

Forex forecast 23/07/2025: EUR/USD, GBP/USD, USD/JPY, Oil, Ethereum and Bitcoin

Useful links: My other articles are available in this section InstaForex course for beginners Popular Analytics Open trading account Important: The begginers in forex trading need to be very careful

Sebastian Seliga 10:36 2025-07-23 UTC+2

Trading Signals for BITCOIN for July 23-26, 2025: buy above $ 118,000 (21 SMA - 6/8 Murray)

Bitcoin is trading around $118,000, correcting after reaching the psychological level of $120,000, the area proven to be a strong barrier. BTC is likely to resume its bullish cycle

Dimitrios Zappas 07:03 2025-07-23 UTC+2

Trading Signals for EUR/USD for July 23-26, 2025: buy above 1.1671 (21 SMA - 8/8 Murray)

On the other hand, a drop below 1.1670 could change the outlook for the euro, and we could expect a decline toward the 7/8 Murray support level, which coincides with

Dimitrios Zappas 06:59 2025-07-23 UTC+2

All technical indicators condition for AUD/USD indicates significant strengthening on Wednesday, July 23, 2025.

AUD/USD – Wednesday, July 23, 2025. All technical indicators for AUD/USD indicate significant strengthening, ranging from the 50-day moving average (EMA) and 200-day moving average (EMA) crossing a Golden Cross

Arief Makmur 06:59 2025-07-23 UTC+2

The Golden Cross on EUR/GBP still indicates potential strengthening in the EUR/GBP currency pair, Wednesday, July 23, 2025.

EUR/GBP - Wednesday, July 23, 2025. Although the RSI (14) is in the Bearish Neutral area, but both EMAs are still in a Golden Cross condition where this is indicating

Arief Makmur 06:59 2025-07-23 UTC+2

Trading Signals for GOLD (XAU/USD) for July 23-26, 2024: sell below $3,437 (21 SMA - 8/8 Murray)

We could have a positive outlook for gold if it consolidates above 3,437. Then, it could reach the +1/8 Murray at 3,472 and even get the psychological level of $3,500

Dimitrios Zappas 06:55 2025-07-23 UTC+2

EUR/USD Forecast for July 23, 2025

The euro managed to expand its consolidation range (ahead of the Federal Reserve meeting) up to the daily MACD line. The 1.1692 level, relevant yesterday, is now void. If today's

Laurie Bailey 05:03 2025-07-23 UTC+2

GBP/USD Forecast for July 23, 2025

Yesterday, the British pound added another 41 pips to its corrective rise from the 1.3369 support level seen on July 16. However, once again, the price failed to break above

Laurie Bailey 05:03 2025-07-23 UTC+2
Can't speak right now?
Ask your question in the chat.
Widget callback
 

Dear visitor,

Your IP address shows that you are currently located in the USA. If you are a resident of the United States, you are prohibited from using the services of InstaFintech Group including online trading, online transfers, deposit/withdrawal of funds, etc.

If you think you are seeing this message by mistake and your location is not the US, kindly proceed to the website. Otherwise, you must leave the website in order to comply with government restrictions.

Why does your IP address show your location as the USA?

  • - you are using a VPN provided by a hosting company based in the United States;
  • - your IP does not have proper WHOIS records;
  • - an error occurred in the WHOIS geolocation database.

Please confirm whether you are a US resident or not by clicking the relevant button below. If you choose the wrong option, being a US resident, you will not be able to open an account with InstaForex anyway.

We are sorry for any inconvenience caused by this message.