#BTC has been attempting to break above the 21 and 50 EMA lines for the past 8 days, only to face strong rejections on lower timeframes and long wicks from the upside.
Unless the price manages to break above these key moving averages, it is likely to struggle and could even revisit the 91k level near the 100 EMA. Historically, the 21 EMA has been a key strength indicator for BTC.
ߛ whiterosecrypto
Unless the price manages to break above these key moving averages, it is likely to struggle and could even revisit the 91k level near the 100 EMA. Historically, the 21 EMA has been a key strength indicator for BTC.
ߛ whiterosecrypto
#BTC/USDT ANALYSIS
Bitcoin has successfully broken out of the descending triangle pattern and has completed a retest of the breakout.
It is now gaining momentum, with the Ichimoku Cloud acting as a key resistance barrier above the price action.
A breakout above the cloud could signal further upward movement. Keep a close watch on it.
ߋ thecryptoexpress
Bitcoin has successfully broken out of the descending triangle pattern and has completed a retest of the breakout.
It is now gaining momentum, with the Ichimoku Cloud acting as a key resistance barrier above the price action.
A breakout above the cloud could signal further upward movement. Keep a close watch on it.
ߋ thecryptoexpress
#BTC/USDT UPDATE:
Bitcoin is currently forming a symmetrical triangle pattern on the 4-hour chart, signaling a potential breakout soon! The price has been consolidating tightly within this structure, creating lower highs and higher lows.
Breakout Above: $98,000 $99,000 (Bullish Continuation)
Breakdown Below: $95,500 $95,000 (Bearish Scenario)
A breakout confirmation with volume could determine Bitcoin s next major trend direction. Stay tuned with us for further update
ߋ wallstreetqueenofficial
Bitcoin is currently forming a symmetrical triangle pattern on the 4-hour chart, signaling a potential breakout soon! The price has been consolidating tightly within this structure, creating lower highs and higher lows.
Breakout Above: $98,000 $99,000 (Bullish Continuation)
Breakdown Below: $95,500 $95,000 (Bearish Scenario)
A breakout confirmation with volume could determine Bitcoin s next major trend direction. Stay tuned with us for further update
ߋ wallstreetqueenofficial
#BTC/USDT ANALYSIS
Bitcoin is consolidating within a descending triangle pattern and is currently rebounding from the horizontal demand zone.
The Ichimoku Cloud is acting as a resistance barrier. A decisive breakout or breakdown is needed to confirm the next directional move. Keep a close watch.
ߋ thecryptoexpress
Bitcoin is consolidating within a descending triangle pattern and is currently rebounding from the horizontal demand zone.
The Ichimoku Cloud is acting as a resistance barrier. A decisive breakout or breakdown is needed to confirm the next directional move. Keep a close watch.
ߋ thecryptoexpress
- Market Analysi
February 21, 2025
TECHNICAL (1D)
Bitcoin is currently consolidating within a well-defined range, showing strong resilience at key levels. After a period of sideways movement, it made a precise and decisive bounce from the horizontal support, reaffirming the significance of this price zone.
If Bitcoin sustains this level and gains traction, it may attempt to challenge the upper boundary of its trading range. On the other hand, a failure to hold support could increase selling pressure, leading to a deeper correction.
Bitcoin is consolidating within a range, holding strong at key support. A sustained bounce could test resistance, while failure to hold may trigger a deeper correction.
#BTC DAILY RANGE:
Upper Limit: 98900
Lower Limit: 96415
(+-11% based on moving average volatility open/endpoints)
SCALP ENTRIES (VIP)
(*Advanced traders only - moderate/high risk)
LONG
$92000
SHORT
$100000
ߋ whaleshuntersofficial
February 21, 2025
TECHNICAL (1D)
Bitcoin is currently consolidating within a well-defined range, showing strong resilience at key levels. After a period of sideways movement, it made a precise and decisive bounce from the horizontal support, reaffirming the significance of this price zone.
If Bitcoin sustains this level and gains traction, it may attempt to challenge the upper boundary of its trading range. On the other hand, a failure to hold support could increase selling pressure, leading to a deeper correction.
Bitcoin is consolidating within a range, holding strong at key support. A sustained bounce could test resistance, while failure to hold may trigger a deeper correction.
#BTC DAILY RANGE:
Upper Limit: 98900
Lower Limit: 96415
(+-11% based on moving average volatility open/endpoints)
SCALP ENTRIES (VIP)
(*Advanced traders only - moderate/high risk)
LONG
$92000
SHORT
$100000
ߋ whaleshuntersofficial