BTCUSD Weekly Analysis 02/24/2025
Satheesh Gobi
2/24/2025
Fundamental analysis
1. Overview of Momentum and Market Structure
Current Momentum: Bearish
Previous Weekly Candle: Pin Bar
Range: 99,508 – 94,805
Expectations: Price is likely to move lower towards key liquidity and demand zones before potential reversals.
Trading Plan
For Long Positions
Strategy:
Look for buy opportunities at key demand and liquidity zones:
Buy Levels:
91,530 (Daily Liquidity - Major Support & Potential Reversal Zone)
89,164 (Daily Liquidity - Strong Institutional Demand Area)
29,42 (ATH - Key Psychological Level)
29,57 (Extension - Potential Long-Term Target)
Buy Targets:
94,805 (Extreme Liquidity - Short-Term Reversal Zone)
96,967 (H4 Liquidity - First Upside Target)
97,172 (H4 FVG - Second Upside Target)
98,211 (H4 OB - Final Upside Target & Major Resistance)
Bearish Bias
Strategy:
Look for sell opportunities at strong resistance and liquidity zones:
98,211 (H4 OB - Key Resistance & Sell Opportunity)
97,172 (H4 FVG - Possible Rejection Zone for Shorts)
96,967 (H4 Liquidity - Short-Term Liquidity Grab & Reversal Zone)
Primary Targets:
94,805 (Extreme Liquidity - Major Bearish Target for Price Sweep)
93,340 (Daily Liquidity - High Volume Demand Zone)
91,530 (Daily Liquidity - Strong Demand Area for Reversals)
89,164 (Daily Liquidity - Deep Liquidity Grab & Final Target)
Summary
Bearish momentum remains valid below 98,211, targeting 94,805, 93,340, 91,530, and 89,164.
Short setups become valid near 96,967, 97,172, and 98,211 for potential reversals.
Buy setups become valid around 91,530 and 89,164 for potential upside movements.
Monitor price action at liquidity and FVG zones for confirmation.