Bitcoin Price Analysis: Traders Spotted Moving 12,000 BTC Amid CPI Inflation Risks and Altcoin ETF Speculations

Quick Summary:

Bitcoin price consolidated within the $97,000 – $98,000 narrow range on Feb 15 entering a week of sideways movement and intense volatility.

On-chain data shows an unusual increase in BTC deposits on exchanges, a move that could potentially trigger a breakout from the prolonged consolidation phase observed this week.

While spot market sentiment remains neutral, BTC’s on-chain transaction patterns suggest a potential breakout move ahead.

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Article Details

Author / Journalist: ibrahim

Category: Crypto

Markets: India

Topics: Bitcoin Price Analysis BTC price Bitcoin price

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-02-15 @ 21:26:23 (3 days ago)

News Timezone: GMT +8:00

News Source URL: coingape.com

Language: English

Article Length: 615 words

Reading Time: 4 minutes read

Sentences: 49 lines

Sentence Length: 13 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © CoinGape

News ID: 26177262

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Main Topics: Crypto

Official Website: coingape.com

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