BTC Weekly Analysis 03/01/2025

BTC Weekly Fundamental analysis

1. Overview of Momentum and Market Structure

• Current Momentum: Bearish

• Previous Week’s Performance: Bearish

• Range: 99,508 – 78,197

• Expectations: Price is expected to decline, targeting key liquidity zones and fair value gaps (FVGs).

Trading Plan

For Long Positions

Strategy:

• Look for buying opportunities at key demand zones for potential reversals:

  • 76,941 (Daily FVG - Key Support for Bullish Bounce)

  • 73,600 (Monthly FVG - Long-Term Accumulation Zone)

  • 70,538 (Daily FVG - Strong Buy Zone for Institutional Entries)

Buy Targets:

• 78,197 (Liquidity Pool - First Retest Zone for a Possible Bounce)

• 86,988 (SR Level - Possible Recovery Zone for a Retest Before Further Drop)

• 89,386 (SR Level - Key Rejection Zone for Potential Short Re-Entries)

• 93,340 (Weekly FVG - Major Sell Zone for Institutional Traders)

Bearish Bias

Strategy:
Look for short positions at key resistance and liquidity levels:

• Sell Levels

  • 93,340 (Weekly FVG - Institutional Supply & Strong Resistance)

  • 95,260 (Daily FVG - Major Sell Zone & Distribution Area)

  • 97172 (H4 FVG - Strong resistance & major sell zone)

Primary Targets:

• 78,197 (Extreme Liquidity - First Major Bearish Target)

• 76,941 (Daily FVG - Key Demand Zone & Possible Bounce Area)

• 73,600 (Monthly FVG - Institutional Demand Zone & Long-Term Target)

• 70,538 (Daily FVG - Strong Support & Major Buy Zone)

Summary

• Bearish sentiment with short setups at 93,340, and 95,260, targeting 78,197, 76,941, 73,600, and 70,538.

• Long opportunities at 76,941, 73,600, and 70,538, targeting 78,197 and liquidity areas above.

• Monitor price action at key liquidity levels and FVGs before entering trades.

Technical analysis

Bitcoin Faces Steep Correction Amid ETF Outflows and Trade Tensions

Bitcoin (BTC) continues its sharp decline, dropping over 15% this week to trade below $80,000 on Friday. This downturn erased $660 billion in crypto market capitalization and triggered $3.68 billion in liquidations. The sell-off intensified as US Bitcoin spot ETFs saw net outflows of $2.48 billion, reflecting waning institutional demand.

Further pressure came from macroeconomic uncertainties and US President Donald Trump’s tariff hikes on Canada, Mexico, and the EU. The Bybit hack, which saw $1.4 billion stolen, also eroded market confidence.