Bitcoin Seems Set to Close February in Red

• Bitcoin appears poised to end February in the red, marking a 21% decline and its second-worst February on record.
• The previous steepest decline was in 2014, when BTC fell by 31% by month-end.
• Despite this downturn, seasoned analysts remain bullish, projecting potential price targets for BTC between $250,000 and $350,000.
• Optimism about a significant price increase in the near future persists among reputable analysts and long-term holders, signaling a possible bullish cycle ahead.