Bitcoin Price Drops Below $96,000; Will BTC Bounce or Break Lower?

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Arslan Butt

Crypto Writer

Arslan Butt

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Arslan Butt is an experienced webinar speaker, market analyst, and content writer specializing in crypto, forex, and commodities. He provides expert insights, trading strategies, and in-depth analysis...

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February 19, 2025 03:35 EST

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Bitcoin (BTC/USD) remains under pressure, trading around $95,700 after rebounding from a low of $93,380. A combination of Federal Reserve policy uncertainty and trade tensions has capped upside momentum. The market remains cautious as Trump’s proposed tariffs on imports, including automobiles and semiconductors, add to economic concerns.

Traders are closely watching the Fed’s stance on interest rates, with markets pricing in only a 2.5% probability of a rate cut in March.

Meanwhile, Bitcoin investment products saw $430 million in outflows, the largest weekly decline of 2025, following a hotter-than-expected inflation report. This marks the end of a 19-week inflow streak totaling $29 billion since the 2024 U.S. election, signaling shifting investor sentiment.

Technical Indicators Signal Weakness

Bitcoin’s price action points to further downside risk. Material Indicators highlight multiple “death crosses” on daily charts, historically signaling extended selloffs.

• Short-term moving averages crossing below long-term ones indicate a shift in momentum.
• Liquidity remains strong near $95,000, but losing this level could push BTC toward $92,000 support.
• Resistance stands at $96,500—a breakout is required to regain bullish traction.

Bitcoin’s ability to hold key support levels will determine near-term direction. A failure to reclaim $95,500 may expose BTC to further declines, potentially testing $91,500.

Market Liquidity and Institutional Trends

Despite Bitcoin’s drop, retail traders remain steady, while institutional investors adjust exposure. Liquidity is shifting, creating a “shakeout” scenario as weaker hands exit and larger players reposition.

The Wall Street holiday (President’s Day) muted trading activity, while QCP Capital reported a decline in implied volatility to 36%, signaling short-term price consolidation rather than panic selling.

Bitcoin (BTC/USD) Technical Outlook – February 19, 2025

Bitcoin is struggling to hold above $93,400, down 2% in 24 hours. The decisive break below $95,000 confirms a bearish symmetrical triangle breakdown, reinforcing the downside risk.

• Immediate support lies at $93,100, followed by $91,600—a key level for bulls to defend.
• A further decline could push BTC toward $89,900, a psychological support zone likely to attract buyers.
• A short-term recovery requires a move above $95,500, with further resistance at $97,000.

Key Takeaways:

• BTC breaks below $95,000, confirming a bearish trend continuation.
• Key downside target: $93,100, with risk extending to $91,600.
• Recovery requires a breakout above $95,500 to shift sentiment.

Unless Bitcoin reclaims key resistance levels, the bearish trend remains intact with potential for further declines.

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