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.*