{"id":31901,"date":"2025-03-10T05:46:26","date_gmt":"2025-03-10T05:46:26","guid":{"rendered":"https:\/\/zebpay.com\/in\/?p=31901"},"modified":"2025-03-10T05:46:27","modified_gmt":"2025-03-10T05:46:27","slug":"bitcoin-technical-analysis-report-10th-march-2025","status":"publish","type":"post","link":"https:\/\/zebpay.com\/in\/blog\/bitcoin-technical-analysis-report-10th-march-2025","title":{"rendered":"Bitcoin Technical Analysis Report | 10th March 2025"},"content":{"rendered":"\n

Bitcoin\u2019s price is showing increasing signs of vulnerability as it approaches the weekly close, raising the risk of a potential drop to $75,000. Exchange order books indicate a critical zone of interest for traders, with liquidation levels on both sides of the spot price appearing susceptible. As BTC\/USD slipped to $83,000, long positions began to incur losses. Meanwhile, Bitcoin exchange-traded funds (ETFs) witnessed net outflows of nearly $370 million on March 7, following news of President Donald Trump\u2019s proposal for a U.S. strategic Bitcoin reserve. This development suggests growing caution among investors.<\/p>\n\n\n\n

At the time of writing, BTC was trading at $81,950.<\/p>\n\n\n\n

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

BTC, after making an all-time high of $109,588, started trading in a \u2018Descending Triangle\u2019 pattern and was taking strong support at $90,000. The asset eventually broke below the pattern, causing prices to drop to $78,258. BTC formed a \u2018Hammer\u2019 candle at the recent low and staged a relief rally up to $95,000. However, the bulls lost their grip, leading to a correction to $80,000. Currently, the asset is attempting to hold support at this level. If it sustains above $80,000, the bulls may regain momentum. If it closes below $80,000, prices could slide further to $73,500.<\/p>\n\n\n\n

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>
$73,500<\/td>$80,000<\/td>BTC<\/strong><\/td>$95,000<\/td>$110,000<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n

Keep yourself ahead of the crypto curve with ZebPay blogs\u2014click the button below and join 6 million+ users who trust ZebPay for their trading needs!<\/p>\n\n\n\n

BTC, after making an all-time high of $109,588, started trading in a \u2018Descending Triangle\u2019 pattern and was taking strong support at $90,000. The asset eventually broke below the pattern, causing prices to drop to $78,258. BTC formed a \u2018Hammer\u2019 candle at the recent low and staged a relief rally up to $95,000. However, the bulls lost their grip, leading to a correction to $80,000. Currently, the asset is attempting to hold support at this level. If it sustains above $80,000, the bulls may regain momentum. If it closes below $80,000, prices could slide further to $73,500.<\/p>\n\n\n\n

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>
$73,500<\/td>$80,000<\/td>BTC<\/strong><\/td>$95,000<\/td>$110,000<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n

Keep yourself ahead of the crypto curve with ZebPay blogs\u2014click the button below and join 6 million+ users who trust ZebPay for their trading needs!<\/p>\n\n\n\n

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

Bitcoin\u2019s price is showing increasing signs of vulnerability as it approaches the weekly close, raising the risk of a potential drop to $75,000. Exchange order books indicate a critical zone of interest for traders, with liquidation levels on both sides of the spot price appearing susceptible. As BTC\/USD slipped to $83,000, long positions began to […]<\/p>\n","protected":false},"author":1,"featured_media":31903,"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\/31901"}],"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=31901"}],"version-history":[{"count":1,"href":"https:\/\/zebpay.com\/in\/wp-json\/wp\/v2\/posts\/31901\/revisions"}],"predecessor-version":[{"id":31905,"href":"https:\/\/zebpay.com\/in\/wp-json\/wp\/v2\/posts\/31901\/revisions\/31905"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/zebpay.com\/in\/wp-json\/wp\/v2\/media\/31903"}],"wp:attachment":[{"href":"https:\/\/zebpay.com\/in\/wp-json\/wp\/v2\/media?parent=31901"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/zebpay.com\/in\/wp-json\/wp\/v2\/categories?post=31901"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/zebpay.com\/in\/wp-json\/wp\/v2\/tags?post=31901"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}