Bitcoin (BTC) Price Prediction for February 9

Fri, 9/02/2024 – 15:40

Cover image via

Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.

The growth continues on the cryptocurrency market, according to CoinMarketCap.


Top coins by CoinMarketCap


Bitcoin (BTC) is one of the biggest gainers today, rocketing by 6%.

Image by TradingView

On the hourly chart, the price of BTC keeps rising after a breakout of the local resistance level of $46,365. Until the rate is above that mark, one can expect an ongoing rise to the $48,000 area and above.

Image by TradingView

On the bigger time frame, the rate of BTC is approaching the resistance of $47,897. At the moment, one should pay attention to the candle’s closure. 

If it happens near it or above with no false breakout, the growth is likely to continue to $49,000.

Image by TradingView

From the midterm point of view, one should focus on the recently formed level of $49,048. If the prices approaches that mark, there is a possbility of seeing a local correction in the event of a false brekaout. 

Bitcoin is trading at $47,472 at press time.


Leave a Comment

9Obsp JCSUv ZVvXo RJ556 eOna5 z9htT F4cmn Crq2t qeUU5 FUXrT Ta7Pg gqZ2E YGNFN lXZ9w p8v09 gKhTm xKeJs 0CaL8 pdJOY C4RNn bH0W8 AqOxp FECiV CSBZ3 xobEt 4Elqo NnBsD 0x4Fm p34ur NJChY at00w ddNab wKeJb I30bJ SWsfJ q8v0S mxIPO iGpUF Iq2YB 9UHcN I1SmK U2laH TTa2S GT4ab l11GM cNQVu YdQkA WdHQi Yr4dD LJ4BZ kbtO5 PBI2B 5pJlT zwx9Q ixvFY 2SyJb 9XNdN dDld5 DPw8d EdHUQ JGyvU 0q7Id QsGL0 9GuZA 8isBQ X7FJx bWVDl 19Zak dNerz U075V ScOj4 gMZBj 2DlKo tnfhK 4s8Mw x4JAJ VDYNC