Bitcoin (BTC) price plunged to a 120-day low of $82,250** on February 28, 2025, as bearish headwinds from US tech stocks spread to the crypto market. Prolonged outflows from Bitcoin ETFs threaten to deepen the downtrend, with **$2.1 billion withdrawn over six consecutive days.
Bitcoin’s February Decline: 20% Loss Amid NVIDIA Rally
BTC has lost over 20% in February—its worst monthly performance since November 2022. The drop accelerated after NVIDIA’s earnings report, which diverted capital toward AI stocks:
- Q4 revenue: $39.3B (↑78% YoY)
- EPS: $5.16 (↑28% QoQ)
- Stock surge: +4% ($125B market cap gain)
👉 How NVIDIA’s rally impacts crypto markets
As institutional investors pivoted to equities, BTC tumbled 5% in a single day, breaching key support levels. Macro factors—geopolitical tensions, inflation, and trade policies—further eroded confidence in speculative assets like Bitcoin.
Bitcoin ETFs: $2.1B Outflow in Six Days
ETF outflows have compounded BTC’s decline, per Fairside data:
| Date | Outflow |
|------------|--------------|
| Feb 18 | -$60.7M |
| Feb 19 | -$64.1M |
| Feb 20 | -$364.8M |
| Feb 21 | -$62.9M |
| Feb 24 | -$539.0M |
| Feb 25 | -$1.14B |
Total: -$2.1B
Without fresh inflows, Bitcoin’s $80K support** is at risk. If capital rotation persists, BTC may struggle to reclaim **$85,000.
BTC Price Forecast: Key Levels to Watch
Technical indicators signal extreme bearish momentum:
- RSI: 25.92 (deeply oversold)
- Bollinger Bands: Price near lower band ($86,736)
- Critical support: $84,500
Short-term scenarios:
- Recovery: Holding $84,500** could spark a bounce toward **$90K.
- Breakdown: A close below $80K may trigger sharper declines.
👉 Bitcoin’s next pivotal price level
FAQs
Q: What’s driving Bitcoin’s decline?
A: ETF outflows, NVIDIA-led capital rotation, and macro uncertainty.
Q: Can BTC recover soon?
A: Yes, if ETF outflows slow and BTC reclaims $86,736.
Q: What’s the biggest downside risk?
A: Losing $80K support, which could accelerate selling.
Keywords: Bitcoin price, BTC, NVIDIA, ETF outflows, $80K support, RSI, Bollinger Bands, capital rotation
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