The February 25th Bitcoin Basketball Game

5 months ago 24

Ronwriter

The Capital

Photo by Rosie-Yang on Unsplash

Early in the first quarter, the bears grabbed control of Bitcoin, driving down the court and hitting $88,614.79. The bears and the bulls went back and forth, with the bears carrying the momentum into the second quarter. Approaching the half, they made another drive down the court, reaching $86,141.80.

The Bulls found their game, driving the road upcourt to close the half at $87,592.66.

The Bears were motivated coming off the bench to start the third quarter but could only manage to drive down the court to $86,653.21.

From that point on, it was the bull’s game to lose, and they were not in a losing mood. By the mid-point of the third quarter, they had sustained a run to $88,916.56.

The bears fought valiantly but could not overcome the bull’s tenaciousness. February 25, 2025, closed with Bitcoin around 3% lower than it started the day.

Bitcoin chart on CoinGecko

If you day-traded Bitcoin on this day, using $1,000, you would have had at least seven trades, each giving you between 12% to 16% gain.

Your $1,000 would have gained you over $900. After gas (transaction) fees, you would have netted around $800.

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