{"id":31744,"date":"2025-02-24T05:30:04","date_gmt":"2025-02-24T05:30:04","guid":{"rendered":"https:\/\/zebpay.com\/in\/?p=31744"},"modified":"2025-02-24T07:10:29","modified_gmt":"2025-02-24T07:10:29","slug":"bitcoin-technical-analysis-report-24th-february-2025","status":"publish","type":"post","link":"https:\/\/zebpay.com\/in\/blog\/bitcoin-technical-analysis-report-24th-february-2025","title":{"rendered":"Bitcoin Technical Analysis Report – 24th February 2025"},"content":{"rendered":"\n

Bitcoin dipped below $95,500 on Feb. 23 after struggling to break past the $100,000 mark on Feb. 21. The longer it remains below this key level, the higher the likelihood of a decline toward the critical $90,000 support. Analysts remain divided on Bitcoin\u2019s next move\u2014some anticipate a fresh all-time high as early as next month, while others predict a pullback to $85,000 before the uptrend resumes. The rejection at the 50-day simple moving average ($98,933) on Feb. 21 suggests strong resistance from the bears at this level.<\/p>\n\n\n\n

At the time of writing, BTC was trading at $95,515.<\/p>\n\n\n\n

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

On the daily time frame, BTC continues to trade within a narrow range of $94,000 to $100,000 over the past three weeks, with declining volumes. On the broader weekly time frame, the asset has formed a ‘Spinning Top’ candle and a ‘Long-Legged Doji’ candle, indicating indecision in the trend. The asset has repeatedly found support at $90,000, while $110,000 is expected to act as strong resistance. A breakout on either side of these levels, accompanied by significant volume, will further determine BTC\u2019s trend.

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 dipped below $95,500 on Feb. 23 after struggling to break past the $100,000 mark on Feb. 21. The longer it remains below this key level, the higher the likelihood of a decline toward the critical $90,000 support. Analysts remain divided on Bitcoin\u2019s next move\u2014some anticipate a fresh all-time high as early as next month, […]<\/p>\n","protected":false},"author":1,"featured_media":31748,"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\/31744"}],"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=31744"}],"version-history":[{"count":1,"href":"https:\/\/zebpay.com\/in\/wp-json\/wp\/v2\/posts\/31744\/revisions"}],"predecessor-version":[{"id":31747,"href":"https:\/\/zebpay.com\/in\/wp-json\/wp\/v2\/posts\/31744\/revisions\/31747"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/zebpay.com\/in\/wp-json\/wp\/v2\/media\/31748"}],"wp:attachment":[{"href":"https:\/\/zebpay.com\/in\/wp-json\/wp\/v2\/media?parent=31744"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/zebpay.com\/in\/wp-json\/wp\/v2\/categories?post=31744"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/zebpay.com\/in\/wp-json\/wp\/v2\/tags?post=31744"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}