As of February 21, 2025, the trading price of Bitcoin(Bitcoin) is approximately $98,645, a slight increase of 1.35% from the previous trading day. The trading range today reached as high as $98,980 and as low as $96,862.

Recent market dynamics have affected the price trend of Bitcoin. The initial optimism in the cryptocurrency market was suppressed by concerns over potential inflation and the Federal Reserve's stance on interest rates following President Donald Trump's inauguration on January 20. These factors have made investors cautious, leading to price stability for Bitcoin.
At the same time, significant corporate actions have influenced market perceptions. MicroStrategy, now operated by Strategy Inc., has announced a $2 billion zero-coupon convertible bond issuance aimed at acquiring more Bitcoin. This move highlights institutional continued interest and confidence in BTC as a strategic asset.
Technical analysis indicates that the price of Bitcoin (BTC) is fluctuating within a defined range. The support level is around $94,000, and the resistance level is around $98,000. Breaking through these thresholds may herald the arrival of the next directional trend.
Overall, the current price fluctuations of Bitcoin (BTC) reflect the balance between macroeconomic factors and institutional activities. It is recommended that investors closely monitor these developments, as they are likely to affect the trajectory of BTC in the short term.