Throughout February, Bitcoin 
$96,925 has been trading within a narrow price range. Starting the month at $102,000, Bitcoin has now declined to $96,600. This 5% drop over the past month has sparked unease among market participants, with market observers noting that the current trend may be nearing a breaking point.
Samson Mow: Price Movements Are Unusual
Samson Mow, CEO of Jan3, emphasized during the Consensus Hong Kong 2025 event that Bitcoin’s price movements are atypical. According to Mow, the current price consolidation might be the result of certain pressures.
“If you look at the price movements; it peaks, then moves sideways. We can call it consolidation but it isn’t productive.” – Samson Mow
Mow’s assessment raises questions about the market’s current state. Investors are curious about how long the price will remain within this narrow range. If market pressures persist, it is anticipated that Bitcoin may decline to a strong support level.
