BTCUSD Analysis – February 27, 2025 Bitcoin Sentiment Hits 2022 Lows as Fear & Greed Index Falls to 10
📉 Bearish Momentum Persists Below Key Resistance
Bitcoin continues its bearish movement after failing to hold above 91,586 and breaking below the key resistance zone. The price is now consolidating around 86,168, with potential for further downside.
Technical Outlook 🔻 Bearish Scenario: BTC is trading below key resistance, with rejection expected near the descending trendline around 91,586. If the price remains below 86230, further bearish momentum could push BTC toward 76,681, with a breakdown leading to 72,600 as the next support level.
📈 Bullish Reversal: A breakout and 4H candle close above 91,586 would indicate a potential trend reversal. Stability above this level could trigger a push toward 96,000, but BTC must break the descending trendline for confirmation.
⚠️ Market Sentiment & Impact: Increased volatility due to economic uncertainty and investor concerns about liquidity. The broader macroeconomic environment and risk-off sentiment are keeping BTC under pressure.
Key Levels to Watch 🔸 Resistance: 91,586 | 96,000 | 100,000 🔹 Pivot Zone: 87,200 🔻 Support: 82,500 | 76,681 | 72,600 📉 Directional Bias: Bearish below 91,586 – A rejection from this level would accelerate downside momentum.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.