empty
14.04.2025 06:37 AM
Bitcoin – Technical Analysis Overview

This image is no longer relevant

Last trading week, the market indicated a potential opportunity for bulls to regain control. Whether this potential is realized now depends on whether the bulls can exit the previous consolidation area (88743) and break through the resistance levels of the Ichimoku weekly cross (86947 – 87629 and 92885) and the daily cloud (91489). If these thresholds are broken and the price holds firmly above them, this would provide a solid foundation for forming a bullish rebound from the monthly short-term trend (79773). Failure to overcome these levels and return to the recently passed zones (82303 – 79773) would restore market uncertainty or allow the bears to push lower and retest the monthly Fibonacci Kijun (75446). A break below this level would reinstate both the daily and weekly downtrend.

This image is no longer relevant

On the lower timeframes, bulls currently hold the main advantage. The classic Pivot resistance levels (85382 – 87291 – 88484) and the breakout target above the H4 cloud (87091 – 88494) are key to watch for the continued upward movement today. A decline, test, breakout, and reversal of the weekly long-term trend (82292) would shift the current balance of power in favor of strengthening bearish sentiment. The next downside targets for intraday development would be the classic Pivot support levels (81087 – 79178).

***

Technical Analysis Components:
  • Higher Timeframes: Ichimoku Kinko Hyo (9.26.52) and Fibonacci Kijun levels
  • H1: Classic Pivot Points and 120-period Moving Average (weekly long-term trend)
Evangelos Poulakis,
Analytical expert of InstaForex
© 2007-2025
Summary
Urgency
Analytic
Zhizhko Nadezhda
Start trade
Earn on cryptocurrency rate changes with InstaForex
Download MetaTrader 4 and open your first trade
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST

Recommended Stories

Cryptocurrency market pauses ahead of Powell's Jackson Hole speech

Bitcoin and Ethereum were trading relatively steadily as investors awaited the remarks of the Federal Reserve Chair. A number of experts warn that Powell may take a hawkish stance, which

Jakub Novak 10:18 2025-08-22 UTC+2

Trading Recommendations for the Cryptocurrency Market on August 22

Bitcoin reached a new high of $112,000 before pulling back slightly. This level now appears to be the key point that will determine the asset's upward trend in the near

Miroslaw Bawulski 08:42 2025-08-22 UTC+2

With the appearance of a Hidden Divergence in Bitcoin, there is potential for continued weakness today. Friday, August 22, 2025.

[Bitcoin] – [Friday, August 22, 2025] With the two EMAs still crossing in a Death Cross, coupled with the RSI remaining in the Neutral Bullish area but forming a Hidden

Arief Makmur 06:49 2025-08-22 UTC+2

Ethereum has the potential to strengthen today, heading towards its nearest resistance level. Friday, August 22, 2025.

[Ethereum] – [Friday, August 22, 2025] Although the two EMAs are still crossing the Death Cross, the RSI is already at the Neutral Bullish level, accompanied by the appearance

Arief Makmur 06:49 2025-08-22 UTC+2

Trading tips for crypto market on August 21 (North American session)

While Bitcoin and Ethereum teeter on the brink of another major sell-off — something clearly unwelcome for many leveraged futures traders — Federal Reserve Governor Christopher Waller stated that

Miroslaw Bawulski 15:28 2025-08-21 UTC+2

Bitcoin Forecast for August 21, 2025

Bitcoin (BTC) The reversal of Bitcoin from its all-time high coincided with the decline of the Nasdaq technology index. This is a clear sign of investors moving away from risk

Laurie Bailey 05:50 2025-08-21 UTC+2

Trading tips for crypto market on August 20 (North American session)

Bitcoin and Ethereum are feeling malaise today, showing no signs of recovery even after yesterday's major sell-off. This points to a wait-and-see stance from large players who are hoping

Miroslaw Bawulski 15:57 2025-08-20 UTC+2

Stablecoin market could help White House address national debt

While Bitcoin struggles to gain traction, showing weak attempts at growth in early trading, US Treasury Secretary Scott Bessent once again stated that the stablecoin market could reach $3.7 trillion

Jakub Novak 14:37 2025-08-20 UTC+2

Bitcoin extending its weakness

Bitcoin continues to lose ground, now trading at $112,500, while Ethereum has returned to the $4,000 level, clearly aiming to break through it. A sharp sell-off in US equities

Jakub Novak 14:29 2025-08-20 UTC+2

Trading Recommendations for the Cryptocurrency Market on August 20

Bitcoin's collapse to around $ 112,500 has sparked widespread discussion about whether the bull market unfolding this year has come to an end. Institutional buying is steadily declining, new market

Miroslaw Bawulski 10:02 2025-08-20 UTC+2
Can't speak right now?
Ask your question in the chat.
Widget callback
 

Dear visitor,

Your IP address shows that you are currently located in the USA. If you are a resident of the United States, you are prohibited from using the services of InstaFintech Group including online trading, online transfers, deposit/withdrawal of funds, etc.

If you think you are seeing this message by mistake and your location is not the US, kindly proceed to the website. Otherwise, you must leave the website in order to comply with government restrictions.

Why does your IP address show your location as the USA?

  • - you are using a VPN provided by a hosting company based in the United States;
  • - your IP does not have proper WHOIS records;
  • - an error occurred in the WHOIS geolocation database.

Please confirm whether you are a US resident or not by clicking the relevant button below. If you choose the wrong option, being a US resident, you will not be able to open an account with InstaForex anyway.

We are sorry for any inconvenience caused by this message.