Daily Trading Analysis: A Detailed Breakdown of Market Momentum BTC - 14th FEB 2025

Introduction

Bitcoin’s price action over the past trading session has been a rollercoaster, with choppy movements and key technical levels being tested. Friday’s session saw BTC navigating between support and resistance, with price action demonstrating bullish resilience despite initial weakness. In this detailed analysis, we break down the latest market movements, key levels, and what traders should watch for in the upcoming sessions.

Short-Term Price Action: 30-Minute Chart Breakdown

Key Takeaways:

• Choppy Price Action: Friday’s session opened with volatility, as Bitcoin initially broke below both the 50 EMA and 200 EMA during pre-market trading.

• Strong Buy Support: BTC found buyers stepping in at the ascending trendline, reclaiming key EMAs and regaining bullish momentum.

• Golden Cross Formation: The price surged, forming a golden cross, which triggered an explosive rally towards the 98.4K resistance level.

• Rejection & Retest: BTC rejected off the 98.4K resistance, retracing back to the 50 EMA, where it found support into the daily close.

• Bullish Market Structure: The formation of a higher high and higher low suggests buyers remain in control, indicating a bullish outlook for the near term.

Macro Outlook: Daily Chart Analysis

Key Levels to Watch:

• Support Zones:

  • 96.0K - 95.5K (White zone) – Critical daily demand area.

  • 92.0K – Larger support in case of a deeper pullback.

• Resistance Zones:

  • 98.0K – Key breakout level.

  • 108.0K – Major supply zone if BTC moves higher.

Market Structure & Trend:

• Neutral Range: BTC is still trading in a neutral range, waiting for a decisive breakout.

• Volume Analysis: Daily volume remains below the 20 MA, signaling a lack of momentum for a strong move in either direction.

• Key Decision Points: A breakout above the 50 EMA would confirm bullish continuation, while a break below the ascending trendline could lead to a bearish shift.

Trading Plan & Outlook

Bullish Scenario:

• A break and hold above 98.4K could lead to a push towards 100K+, confirming strong bullish sentiment.

• A continued higher-high, higher-low structure would reinforce the trend.

Bearish Scenario:

• A break below 97.2K could push BTC toward 96.8K (200 EMA) or 96.0K, where stronger support lies.

• If 95.8K fails, a deeper retracement toward 92K becomes possible.

Conclusion

Bitcoin’s price remains at a pivotal point, with buyers showing strength but facing resistance near key levels. The market remains in a neutral zone, waiting for a breakout confirmation in either direction. Traders should keep an eye on volume, the 50 EMA reclaim, and the ascending trendline support for clues on the next major move.

Stay tuned for further updates as we continue to track BTC’s momentum and price action.