{"id":31163,"date":"2025-01-23T05:25:21","date_gmt":"2025-01-23T05:25:21","guid":{"rendered":"https:\/\/zebpay.com\/in\/?p=31163"},"modified":"2025-01-23T05:25:22","modified_gmt":"2025-01-23T05:25:22","slug":"crypto-technical-analysis-report-23rd-january-2025","status":"publish","type":"post","link":"https:\/\/zebpay.com\/in\/blog\/crypto-technical-analysis-report-23rd-january-2025","title":{"rendered":"Crypto Technical Analysis Report | 23rd January 2025"},"content":{"rendered":"\n<p>Bitcoin is encountering significant resistance near its all-time high, but the encouraging news is that bulls are firmly holding their ground. A period of tight consolidation near this critical level signals strong conviction among buyers, suggesting optimism for the continuation of the uptrend. The upward-sloping 20-day EMA and the RSI in positive territory further reinforce the bullish outlook, indicating that momentum favors an upside breakout. While the market anticipates no interest rate cuts on January 29, a dovish tone during the press conference or any hints of Quantitative Easing (QE) aimed at supporting market stability could propel assets like Bitcoin to new heights.<br><br><strong>BTC-USDT Daily Chart<\/strong><\/p>\n\n\n\n<figure class=\"wp-block-image size-full is-resized\"><img decoding=\"async\" width=\"746\" height=\"338\" src=\"https:\/\/zebpay.com\/in\/wp-content\/uploads\/2025\/01\/Crypto-23rd.jpg\" alt=\"\" class=\"wp-image-31164\" style=\"width:1120px;height:auto\" srcset=\"https:\/\/zebpay.com\/in\/wp-content\/uploads\/2025\/01\/Crypto-23rd.jpg 746w, https:\/\/zebpay.com\/in\/wp-content\/uploads\/2025\/01\/Crypto-23rd-300x136.jpg 300w, https:\/\/zebpay.com\/in\/wp-content\/uploads\/2025\/01\/Crypto-23rd-150x68.jpg 150w\" sizes=\"(max-width: 746px) 100vw, 746px\" \/><\/figure>\n\n\n\n<p>BTC formed a &#8216;Doji&#8217; candle at the $108,353 level, indicating indecision in the trend and triggering profit booking. The asset has strong support in the $90,000 to $85,000 range, while $105,000 and $108,000 will serve as significant resistance levels.<\/p>\n\n\n\n<p>Unravel everything that you need for your crypto journey via ZebPay blogs. Get started today and join 6 million+ registered users on ZebPay!<\/p>\n\n\n\n<div class=\"wp-block-buttons is-layout-flex wp-block-buttons-is-layout-flex\">\n<div class=\"wp-block-button\"><a class=\"wp-block-button__link has-white-color has-vivid-cyan-blue-background-color has-text-color has-background has-link-color wp-element-button\" href=\"https:\/\/connect.zebpay.com\/account\/login?returnUrl=%2Fconnect%2Fauthorize%2Fcallback%3Fclient_id%3Deee7baaa-9d6c-43f1-9eb6-8174f62cd244%26redirect_uri%3Dhttps%253A%252F%252Fzebpay.com%252Fapp%26response_type%3Did_token%2520token%26scope%3Dopenid%2520profile%2520wallet%253Atransactions%253Aread%2520trade%253Aread%2520trade%253Acreate%2520wallet%253Aaddress%253Acreate%2520wallet%253Aaddress%253Aread%2520wallet%253Atransactions%253Asend%26state%3Dfcf813bfa285406cbf1a838575068e8f%26nonce%3Db0c46570c6a94af5b14e78921d8bf508\" target=\"_blank\" rel=\"noreferrer noopener\">TRADE NOW<\/a><\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Bitcoin is encountering significant resistance near its all-time high, but the encouraging news is that bulls are firmly holding their ground. A period of tight consolidation near this critical level signals strong conviction among buyers, suggesting optimism for the continuation of the uptrend. The upward-sloping 20-day EMA and the RSI in positive territory further reinforce [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":28897,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"_ayudawp_aiss_exclude":false,"footnotes":""},"categories":[26],"tags":[16],"acf":[],"_links":{"self":[{"href":"https:\/\/zebpay.com\/in\/wp-json\/wp\/v2\/posts\/31163"}],"collection":[{"href":"https:\/\/zebpay.com\/in\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/zebpay.com\/in\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/zebpay.com\/in\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/zebpay.com\/in\/wp-json\/wp\/v2\/comments?post=31163"}],"version-history":[{"count":1,"href":"https:\/\/zebpay.com\/in\/wp-json\/wp\/v2\/posts\/31163\/revisions"}],"predecessor-version":[{"id":31166,"href":"https:\/\/zebpay.com\/in\/wp-json\/wp\/v2\/posts\/31163\/revisions\/31166"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/zebpay.com\/in\/wp-json\/wp\/v2\/media\/28897"}],"wp:attachment":[{"href":"https:\/\/zebpay.com\/in\/wp-json\/wp\/v2\/media?parent=31163"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/zebpay.com\/in\/wp-json\/wp\/v2\/categories?post=31163"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/zebpay.com\/in\/wp-json\/wp\/v2\/tags?post=31163"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}