Bearish Breakdown Confirmed Below 92,800 – Next Targets in Play!
Bitcoin (BTC/USD) Analysis – February 25, 2025
📉 Bearish Pressure Strengthens Below Key Levels
Bitcoin has failed to hold above 92,800, reinforcing a bearish breakdown scenario. The price is currently consolidating within the consolidation zone under the primary ascending channel, which has historically acted as strong resistance.
As mentioned in my previous analysis, Bitcoin was facing strong resistance at 103,757 and has now confirmed a breakdown below 92,800. If you missed the initial analysis, check it out here.
🔎 Technical Outlook:
📉 Bearish Pressure Strengthens Below Key Levels
Bitcoin has failed to hold above 92,800, reinforcing a bearish breakdown scenario. The price is currently consolidating within the consolidation zone under the primary ascending channel, which has historically acted as strong resistance.
As mentioned in my previous analysis, Bitcoin was facing strong resistance at 103,757 and has now confirmed a breakdown below 92,800. If you missed the initial analysis, check it out here.
🔎 Technical Outlook:
- Bearish Scenario: A daily close below 92,800 will confirm strong downward momentum toward 79K and 71K, which are key support levels. Breaking below 71,400 could lead to further decline, testing the demand zone near 65K and 50K.
- Bullish Recovery: To regain bullish momentum, BTC must retest and stabilize above 92,800, targeting 103,757 (Key Resistance). Breaking this level could open the door for a retest of 109K (ATH of Jan 2025).
📊 Key Levels to Watch:
🔹 Resistance: 92,800 | 98,220 | 103,757
🔹 Pivot Zone: 92,800
🔹 Support: 85,000 | 79,579 | 71,400
📉 Directional Bias: BTC remains bearish below 92,800. If sellers push below 71,400, expect further downside.
🔥 What’s Next for BTC?
Will Bitcoin hold 92,800, or are we heading toward 79K next? Share your thoughts below! ⬇️🚀
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my free signals channel telegram
t.me/Srosh_signals
~6 analyses per day. With a clear entry point
more than 1000 pip per week —— Accuracy +88%
SM World and Economy News 24/7
Urgent News ⚡️:
t.me/SM_News_24h
t.me/Srosh_signals
~6 analyses per day. With a clear entry point
more than 1000 pip per week —— Accuracy +88%
SM World and Economy News 24/7
Urgent News ⚡️:
t.me/SM_News_24h
Related publications
Disclaimer
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.