K KARTHIK RAJA
K KARTHIK RAJA
February 25, 2025 at 02:16 PM
*BTC/USD Analysis & Observations – 25.02.2025 | 19:30 IST* AUTHOR: K KARTHIK RAJA (Market Educator & Technical Analyst) MCA | MBA | M.Com | MSc Psychology | PGJMC | CST | MDAT | CFA Pursuant. *Chart Pattern & Trend Analysis* - Bitcoin in a correction phase, testing key support at 81,462 (200-day MA). - Primary trend: Bullish (higher highs and lows). - Secondary trend: Weak, with price below 50-day MA (98,696). - Short-term trend: Bearish; increased volatility. *Moving Averages & Volume Insights* - 50-day MA broken → Short-term weakness. - 200-day MA crucial → Break below 81,462 may trigger further downside. *Upcoming Events Impacting BTC* - Macroeconomic factors: Inflation data, Fed policy. - Crypto-specific: ETF inflows, institutional buying, regulations. *Trend Confirmation Indicators* - RSI (30.06): Near oversold – possible reversal if divergence forms. *Potential Scenarios* * Bullish: Bounce from 81,462 with volume confirmation. Target 105,000 - 110,000. * Bearish: Break below 81,462 may lead to 75,000 - 72,000. *Trading Strategies* * Breakout (Bullish): Wait for RSI divergence and price reclaiming 50-day MA (98,696). * Breakdown (Bearish): Short below 81,462, targeting 75,000 - 72,000, confirmed by high volume. *Disclaimer: Educational purpose only. Not financial advice—invest wisely.*

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