Bitcoin

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Buyers remain more powerful than sellers, according to <a href="https://u.today/doge-and-shib-price-prediction-for-february-12" rel="noopener noreferrer nofollow">CoinStats</a>. <img data-entity-type="file" data-entity-uuid="1e119746-1fa8-442a-a9d9-f1256e136ae5" src="https://u.today/sites/default/files/inline-images/top10_935.png">BTC chart by&nbsp;<a href="https://coinstats.app/coins/" rel="noopener noreferrer nofollow">CoinStats</a>
<h2 class="text-align-justify" id="btc-usd">BTC/USD</h2>
The price of Bitcoin (BTC) has risen by 4% over the last 24 hours. <img data-entity-type="file" data-entity-uuid="e93a863c-c1df-4c64-b226-70f2688b65c9" src="https://u.today/sites/default/files/inline-images/btc1_170.png">Image by&nbsp;<a href="https://www.tradingview.com/symbols/BTCUSDT" rel="noopener noreferrer nofollow">TradingView</a>
On the hourly chart, the rate of BTC is looking bearish as it is approaching the support level of $49,763. If the daily bar closes near that mark, the accumulated energy might be enough for a drop to the $49,000-$49,500 zone. <img data-entity-type="file" data-entity-uuid="2f983ce0-77d5-4d78-9493-f1c88ba13281" src="https://u.today/sites/default/files/inline-images/btc2_152.png">Image by&nbsp;<a href="https://www.tradingview.com/symbols/BTCUSDT" rel="noopener noreferrer nofollow">TradingView</a>
A similar picture can be seen on the bigger time frame. The price of BTC has made a false breakout of yesterday's bar's peak. If buyers cannot seize the initiative shortly, traders may expect a test of the support level of $49,048 soon. <img data-entity-type="file" data-entity-uuid="8231ed61-551f-4e28-ad88-c80366697b98" src="https://u.today/sites/default/files/inline-images/btc3_149.png">Image by&nbsp;<a href="https://www.tradingview.com/symbols/BTCUSDT" rel="noopener noreferrer nofollow">TradingView</a>
From the midterm point of view, one should pay attention to the weekly candle's closure. If it happens above the interim level of $49,048, growth may continue to $50,000 and above.&nbsp;
In another scenario, bears may locally seize the initiative, which might lead to a correction to the $46,000-$48,000 area.
Bitcoin is trading at $49,630 at press time.

Bitcoin (BTC) Price Prediction for February 13

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