Bitcoin, Ethereum, XRP, Dogecoin Rally, Trader Predicts Weekend Pullback Before Push To $103,000'

Author: Khyathi Dalal | February 14, 2025 03:50pm

Crypto markets are experiencing strong momentum on Friday, with key assets posting gains.

Cryptocurrency	Price	Gains +/-
Bitcoin (CRYPTO: BTC)	$98,205.44	+2.7%
Ethereum (CRYPTO: ETH)	$2,744.60	+3.9%
Solana (CRYPTO: SOL)	$202.28	+5.2%
XRP (CRYPTO: XRP)	$2.79	+13.5%
Dogecoin (CRYPTO: DOGE)	$0.2775	+8%
Shiba Inu (CRYPTO: SHIB)	$0.00001688	+4.4%

Notable Statistics:

• IntoTheBlock data shows large transaction volume increasing by 5.8% and daily active addresses growing by 5.3%. Transactions greater than $100,000 are down from 9,846 to 9,450 in a single day. Exchanges netflows are down by 347%.
• Coinglass data reports 86,832 traders were liquidated in the past 24 hours for $184.85 million.

Notable Developments:

• Robinhood’s January Metrics Shine, But Crypto Notional Trading Volume Hits A Speed Bump Sequentially
• Coinbase CEO Brian Armstrong Wants Congress To Bring Clarity On Whether Tokens Are Securities Or Commodities, Wants Stablecoin Regulation To Drive Crypto Investments
• Brian Armstrong Wants To Handle Growing Volumes Of Memecoins By Adding DEXes Into Coinbase: ‘A Little Bit Like The Early Days Of The Internet’
• Billionaire Peter Thiel-Backed Crypto Startup Plasma Raises $20M To Develop Bitcoin-Based Stablecoin Network
• El Salvador’s Bitcoin President Nayib Bukele Meets Michael Saylor To ‘Accelerate Adoption’

Top Gainers:

Cryptocurrency	Price	Gains +/-
OFFICIAL TRUMP (CRYPTO: TRUMP)	$22.56	+37.2%
Dogwifhat (CRYPTO: WIF)	$0.7765	+28.5%
Jupiter (CRYPTO: JUP)	$0.9808	+17.1%

Trader Notes: Crypto trader Cold Blooded Shiller explains that two weeks after the largest liquidation event in history, sentiment feels much worse than it is.

Despite short-term turbulence, strong growth and adoption are still expected this year. The path forward remains higher.

Crypto trader CJ predicts a weekend pullback/chop and if the first trouble area of $98,100 is cleared, it can rally to $103,000.

$BTC

Ideally. Weekend pullback/chop. Tag at least the first trouble area at 98.1k. Pull back a bit. Send to 103k. pic.twitter.com/0LGQWpgkAv

— CJ (@CJ900X) February 14, 2025

More Crypto Online sees Bitcoin testing resistance in the short-term bearish scenario, with price action tightening within a narrowing range.

The resistance is between $96,705–$97,519, micro support between $95,000–$95,662 and key support at $93,639.

While probabilities remain balanced, the market lacks a clear directional bias. Staying flexible is crucial in this uncertain environment.

Crypto trader EliZ sees Bitcoin in a range for almost two weeks. He predicts a big move soon but cautions to operate only on confirmation as direction is almost impossible.

Read Next: 

• ‘Bad Trump To Good Trump’ Means Bitcoin Could Go To $102,500, Standard Chartered Says

Image: Shutterstock

Posted In: $BTC $DOGE $ETH $JUP $SHIB $SOL $TRUMP $WIF $XRP