Bitcoin Price Analysis – Mid-February 2025: Rebound in Sight?

Bitcoin has endured five consecutive weekends of negative returns, but according to Standard Chartered’s global head of digital assets research, Geoffrey Kendrick, this trend is poised for a turnaround. 

As of mid-February 2025, Bitcoin is trading at approximately $97,650, with expectations of a near-term push toward the psychological milestone of $100,000, potentially extending to $102,500.

BTC Price: Recent Market Pressures and Negative Sentiment

The past several weeks have been challenging for Bitcoin, with a series of negative headlines dampening investor confidence.

January 25-26 Weekend: Bitcoin was impacted by the DeepSeek news, which rattled investor sentiment.

February 1-2 Weekend: Markets reacted to Canada and Mexico tariff headlines, adding further downward pressure.

Despite these setbacks, Kendrick argues that this weekend (February 15-16) will mark a turning point, as adverse news events have already played out and U.S. 10-year Treasury yields have dipped below 4.5%—a signal that could support risk assets like Bitcoin.

Also read: Bitcoin Price Forecast for February 2025: Insights from the Bitcoin Rainbow Chart

BTC Rebound: Key Factors Supporting a Rebound

1. ETF Inflows and Investor Sentiment

A small positive move over the weekend could trigger fresh ETF inflows on Monday, providing the necessary momentum to propel Bitcoin beyond $100,000. 

Institutional adoption via ETFs has been a major driver of Bitcoin’s upward trajectory, and renewed confidence in the market could catalyze another rally.

2. Impact of U.S. Treasury Yields

Bitcoin and other speculative assets tend to perform well when bond yields decline, as lower yields reduce the opportunity cost of holding non-yielding assets like BTC. 

With the 10-year yield below 4.5%, conditions are becoming more favorable for Bitcoin’s recovery.

3. The “Giffen Good” Effect

Kendrick characterizes Bitcoin as a “Giffen good”—an asset where higher prices drive increased demand rather than deter it. 

This economic phenomenon suggests that as Bitcoin’s price surges, FOMO (fear of missing out) could fuel additional buying pressure, reinforcing an upward trend.

Also read: BTG Price Surge: Is Bitcoin Gold (BTG) the Next Big Crypto Play?

Bitcoin’s Long-Term Price Trajectory

Kendrick has made bold long-term forecasts, predicting that Bitcoin will:

• Reach $200,000 by the end of 2025

• Hit $300,000 by the end of 2026

• Climb to $400,000 by the end of 2027

• Surpass $500,000 by 2028, maintaining that level until 2029

These projections are based on growing institutional adoption, increasing investor accessibility, and declining volatility over time.

Also read: Bitcoin vs. Altcoins: Evaluating Investment Choices Based on Initial Financial Capital

Short-Term Outlook

For now, Bitcoin’s immediate trajectory hinges on breaking through the $100,000 resistance level. If momentum builds:

• A sustained break above $100,000 could lead to $102,500 in the short term.

• A failure to reclaim $100,000 could trigger renewed selling pressure, potentially testing support levels around $95,000.

With ETF inflows, declining bond yields, and the absence of major negative catalysts, this weekend could mark a turning point for Bitcoin’s recent bearish streak. 

The coming days will determine whether BTC can regain its bullish momentum or face another round of market consolidation.

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FAQ

1. Why has Bitcoin experienced five consecutive weeks of negative returns?

Bitcoin has faced selling pressure due to negative headlines, including regulatory concerns and macroeconomic events. Factors such as tariff news from Canada and Mexico and uncertainty in bond markets have contributed to recent price declines.

2. What factors could trigger a Bitcoin rebound in mid-February 2025?

Several elements support a potential Bitcoin recovery, including ETF inflows, declining U.S. Treasury yields, and renewed investor sentiment. A small price increase over the weekend could encourage fresh institutional investments, pushing Bitcoin toward the $100,000 milestone.

3. How do U.S. Treasury yields impact Bitcoin’s price?

Bitcoin benefits when bond yields decline, as lower yields make non-yielding assets like BTC more attractive. With the 10-year Treasury yield falling below 4.5%, conditions are becoming more favorable for Bitcoin’s upward momentum.

4. What is the long-term Bitcoin price prediction?

According to Standard Chartered’s Geoffrey Kendrick, Bitcoin is projected to reach $200,000 by the end of 2025, $300,000 by 2026, and $500,000 by 2028. These predictions are based on institutional adoption, declining volatility, and increasing accessibility.

5. What are the key resistance and support levels for Bitcoin in the short term?

If Bitcoin breaks above $100,000, the next target is $102,500. However, if BTC fails to reclaim $100,000, it may test support levels around $95,000, potentially facing renewed selling pressure.