{"id":31657,"date":"2025-02-17T05:29:19","date_gmt":"2025-02-17T05:29:19","guid":{"rendered":"https:\/\/zebpay.com\/in\/?p=31657"},"modified":"2025-02-17T05:29:21","modified_gmt":"2025-02-17T05:29:21","slug":"bitcoin-technical-analysis-report-17th-february-2025","status":"publish","type":"post","link":"https:\/\/zebpay.com\/in\/blog\/bitcoin-technical-analysis-report-17th-february-2025","title":{"rendered":"Bitcoin Technical Analysis Report – 17th February 2025"},"content":{"rendered":"\n

Bitcoin remained subdued over the weekend, indicating a standoff between bulls and bears as they await a decisive catalyst. While short-term sentiment seems uncertain, analysts maintain a bullish outlook for the long term. The crypto asset is facing resistance at its moving averages, but a key positive is that bulls have held their ground, preventing any significant pullback. This resilience increases the likelihood of a breakout above these levels. The psychological $100,000 mark may pose a challenge, but expectations are high that Bitcoin will eventually surpass it. However, while many anticipate a major rally for Bitcoin, opinions remain divided on whether an altcoin season is approaching. <\/p>\n\n\n\n

At the time of writing, BTC was trading at $96,635.<\/p>\n\n\n\n

\"\"<\/figure>\n\n\n\n

BTC, on a daily time frame basis, has been consolidating and is trading in a small range from $94,000 to $100,000, over the past two weeks with declining volumes. On a broader time frame (Weekly chart), the asset has made a \u2018Spinning Top\u2019 candle that indicates indecision in trend. The asset has taken multiple support at $90,000, whereas $110,000 will act as a strong resistance. Breakouts, on either side of these levels, with good volumes, will further decide the trend for BTC.

Key Levels:<\/strong><\/p>\n\n\n\n

Support 2<\/strong><\/td>Support 1<\/strong><\/td>Asset<\/strong><\/td>Resistance 1<\/strong><\/td>Resistance 2.<\/strong><\/td><\/tr>
$85,000<\/td>$90,000<\/td>BTC<\/strong><\/td>$110,000<\/td>$125,000<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n

In the grand scheme of things, ZebPay blogs are here to provide you with crypto wisdom\u2014get started today and join 6 million+ registered users to explore endless features on ZebPay!<\/p>\n\n\n\n

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TRADE NOW<\/a><\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Bitcoin remained subdued over the weekend, indicating a standoff between bulls and bears as they await a decisive catalyst. While short-term sentiment seems uncertain, analysts maintain a bullish outlook for the long term. The crypto asset is facing resistance at its moving averages, but a key positive is that bulls have held their ground, preventing […]<\/p>\n","protected":false},"author":1,"featured_media":29537,"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":[310,16],"acf":[],"_links":{"self":[{"href":"https:\/\/zebpay.com\/in\/wp-json\/wp\/v2\/posts\/31657"}],"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=31657"}],"version-history":[{"count":1,"href":"https:\/\/zebpay.com\/in\/wp-json\/wp\/v2\/posts\/31657\/revisions"}],"predecessor-version":[{"id":31660,"href":"https:\/\/zebpay.com\/in\/wp-json\/wp\/v2\/posts\/31657\/revisions\/31660"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/zebpay.com\/in\/wp-json\/wp\/v2\/media\/29537"}],"wp:attachment":[{"href":"https:\/\/zebpay.com\/in\/wp-json\/wp\/v2\/media?parent=31657"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/zebpay.com\/in\/wp-json\/wp\/v2\/categories?post=31657"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/zebpay.com\/in\/wp-json\/wp\/v2\/tags?post=31657"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}