{"id":16697,"date":"2025-02-21T04:17:22","date_gmt":"2025-02-21T04:17:22","guid":{"rendered":"https:\/\/www.vtmarkets.com\/?p=16697"},"modified":"2025-02-21T04:17:22","modified_gmt":"2025-02-21T04:17:22","slug":"bitcoin-holds-above-98k-as-usdt-signals-next-rally","status":"publish","type":"post","link":"https:\/\/www.global-vtrader.com\/en\/analysis\/bitcoin-holds-above-98k-as-usdt-signals-next-rally\/","title":{"rendered":"Bitcoin Holds Above $98K as USDT Signals Next Rally"},"content":{"rendered":"\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"559\" src=\"https:\/\/www.global-vtrader.com\/en\/wp-content\/uploads\/sites\/4\/2025\/02\/download-6-1024x559.png\" alt=\"\" class=\"wp-image-16699\" srcset=\"https:\/\/www.global-vtrader.com\/en\/wp-content\/uploads\/sites\/4\/2025\/02\/download-6-1024x559.png 1024w, https:\/\/www.global-vtrader.com\/en\/wp-content\/uploads\/sites\/4\/2025\/02\/download-6-300x164.png 300w, https:\/\/www.global-vtrader.com\/en\/wp-content\/uploads\/sites\/4\/2025\/02\/download-6-768x419.png 768w, https:\/\/www.global-vtrader.com\/en\/wp-content\/uploads\/sites\/4\/2025\/02\/download-6-500x273.png 500w, https:\/\/www.global-vtrader.com\/en\/wp-content\/uploads\/sites\/4\/2025\/02\/download-6-400x218.png 400w, https:\/\/www.global-vtrader.com\/en\/wp-content\/uploads\/sites\/4\/2025\/02\/download-6-350x191.png 350w, https:\/\/www.global-vtrader.com\/en\/wp-content\/uploads\/sites\/4\/2025\/02\/download-6-200x109.png 200w, https:\/\/www.global-vtrader.com\/en\/wp-content\/uploads\/sites\/4\/2025\/02\/download-6.png 1408w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<h2 class=\"wp-block-heading has-medium-font-size\">Key Points<\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>BTCUSD (Bitcoin) trades at $98,173<\/strong>, consolidating below <strong>$100,000<\/strong>.<\/li>\n\n\n\n<li><strong>USDT (Tether) dominance trends signal an upcoming breakout<\/strong>, mirroring past rallies.<\/li>\n\n\n\n<li><strong>BTCUSD could target $150,000<\/strong>, a <strong>53% increase<\/strong> from current levels.<\/li>\n<\/ul>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity is-style-dots\" \/>\n\n\n\n<p>BTCUSD has remained <strong>below $100,000<\/strong>, stabilising around <strong>$98,173<\/strong> as <strong>bullish momentum builds<\/strong>. Investor sentiment has cooled since early February, with enthusiasm around <strong><a href=\"https:\/\/finance.yahoo.com\/news\/crypto-advisors-trump-changed-crypto-160000393.html\" title=\"\">Trump\u2019s crypto policies<\/a> fading<\/strong>. However, <strong>technical indicators suggest this stagnation is a re-accumulation phase<\/strong>, a setup seen before major breakouts.<\/p>\n\n\n\n<figure class=\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\"><div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\"><p lang=\"en\" dir=\"ltr\">President Donald Trump\u2019s administration is expected to usher in a boom time for crypto, but a Reuters review shows very few members of the incoming congress are invested in bitcoin or other digital currencies <a href=\"https:\/\/t.co\/UB6xVjF5HB\">https:\/\/t.co\/UB6xVjF5HB<\/a><\/p>&mdash; Reuters (@Reuters) <a href=\"https:\/\/twitter.com\/Reuters\/status\/1882786701526905042?ref_src=twsrc%5Etfw\">January 24, 2025<\/a><\/blockquote><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script>\n<\/div><\/figure>\n\n\n\n<p>One key metric to watch is <strong>USDT dominance<\/strong>, which tracks the share of stablecoins in the total crypto market cap. A <strong>decline in USDT dominance typically signals traders rotating funds back into BTCUSD<\/strong>, increasing buying pressure.<\/p>\n\n\n\n<h2 class=\"wp-block-heading has-medium-font-size\">USDT Trends Point to $150K Target<\/h2>\n\n\n\n<p>Past <strong>BTCUSD rallies have coincided with USDT dominance declines<\/strong>. Accumulation phases in <strong>early 2023 and late 2023<\/strong> preceded major price surges. The <strong>current pattern, forming since December 2024<\/strong>, suggests another breakout could be near.<\/p>\n\n\n\n<p>If BTCUSD follows previous cycles, <strong>this accumulation phase could end in 1\u20132 weeks<\/strong>, pushing prices to new all-time highs. The <strong>first key hurdle is $100,000<\/strong>, which has acted as a strong psychological resistance level.<\/p>\n\n\n\n<h2 class=\"wp-block-heading has-medium-font-size\">Technical Analysis: BTCUSD Eyes Breakout<\/h2>\n\n\n\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" src=\"https:\/\/www.vtmarkets.com\/wp-content\/uploads\/2025\/02\/WhatsApp-Image-2025-02-21-at-11.13.02_ecbfeb41-1024x440.jpg\" alt=\"\" class=\"wp-image-16774\" \/><\/figure>\n\n\n\n<p class=\"has-text-align-center\"><em>Picture: Bitcoin consolidates near $98,173.56 as traders weigh resistance at $98,709.36, as seen on the\u00a0<a href=\"https:\/\/vtmarketsapp.onelink.me\/CD7D\/240525WA\">VT Markets app<\/a>.<\/em><\/p>\n\n\n\n<p class=\"has-text-align-left\">Bitcoin edged <strong>0.09% higher<\/strong>, closing at <strong>$98,173.56<\/strong> after opening at <strong>$98,080.79<\/strong>. The session peaked at <strong>$98,508.51<\/strong> and found support at <strong>$98,048.87<\/strong>, reflecting steady bullish momentum as traders assess market liquidity and institutional inflows.<\/p>\n\n\n\n<p class=\"has-text-align-left\"><strong>Moving averages (MA 5,10,30)<\/strong> show continued upside pressure, with short-term MAs supporting price action. <strong>MACD (12,26,9)<\/strong> signals a fading bullish trend, as histogram bars shrink and the signal line flattens. <\/p>\n\n\n\n<p class=\"has-text-align-left\"><strong>Key resistance is at $98,709.36<\/strong>, while <strong>support stands at $95,414.81<\/strong>. A breakout above resistance could drive new highs, while a pullback to support may test buyer interest.<\/p>\n\n\n\n<h2 class=\"wp-block-heading has-medium-font-size\">Market Outlook<\/h2>\n\n\n\n<p>Bitcoin\u2019s <strong>long-term bullish trend remains intact<\/strong>, with <strong>USDT dominance signaling a shift back to risk assets<\/strong>. Traders will watch <strong>USDT trends, ETF inflows, macroeconomic data, and institutional flows<\/strong> for confirmation of the next move.<\/p>\n\n\n\n<p><strong><a href=\"https:\/\/www.vtmarkets.com\/trade-now\/\">Create your live VT Markets account<\/a><\/strong><strong>&nbsp;and&nbsp;<\/strong><strong><a href=\"https:\/\/myaccount.vtmarkets.com\/login\">start trading<\/a><\/strong><strong>&nbsp;now.<\/strong><\/p>\n\n\n\n<p><a href=\"https:\/\/www.vtmarkets.com\/#facebook\" rel=\"noreferrer noopener\" target=\"_blank\"><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>BTCUSD holds above $98,173, eyeing $100K breakout as USDT dominance signals bullish momentum. Next target: $150,000. &#8211; vtmarkets.com<\/p>\n","protected":false},"author":2,"featured_media":16699,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[27],"tags":[59,6],"class_list":["post-16697","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-analysis","tag-bitcoin","tag-crypto"],"acf":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.global-vtrader.com\/en\/wp-json\/wp\/v2\/posts\/16697","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.global-vtrader.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.global-vtrader.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.global-vtrader.com\/en\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.global-vtrader.com\/en\/wp-json\/wp\/v2\/comments?post=16697"}],"version-history":[{"count":0,"href":"https:\/\/www.global-vtrader.com\/en\/wp-json\/wp\/v2\/posts\/16697\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.global-vtrader.com\/en\/wp-json\/wp\/v2\/media\/16699"}],"wp:attachment":[{"href":"https:\/\/www.global-vtrader.com\/en\/wp-json\/wp\/v2\/media?parent=16697"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.global-vtrader.com\/en\/wp-json\/wp\/v2\/categories?post=16697"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.global-vtrader.com\/en\/wp-json\/wp\/v2\/tags?post=16697"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}