Bitcoin Price Analysis & Prediction (Feb 22nd) – BTC Bounces Back Strong After Slight Correction, Gains 14% in a Week

After registering a 40% rally in the past month, Bitcoin retraced earlier this month and found support this week. It bounced back strongly and broke through the previous resistance level with a heavy surge. BTC now trades well above the $24k level after bouncing back above $22k and reclaimed several resistance levels without any hassle.