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Bitcoin Market Update – March 3, 2025
Price Action & Trend Analysis
Bitcoin has experienced a significant bounce after hitting a key support level.
Recent volatility saw a sharp recovery, testing upper resistance levels but facing rejection.
The weekly trend remains bullish, but lower timeframes indicate short-term resistance.
$96,000-$98,000 remains a heavy resistance zone, while $85,000-$87,000 serves as critical support.
Volume Profile & Liquidity Zones
Point of Control (POC) remains near $92,000, indicating a high-volume trading area.
Value Area High (VAH) sits around $96,000, with a potential break leading to a test of $100K.
Value Area Low (VAL) is around $83,000, which aligns with strong buyer interest in case of further downside.
A major buy zone remains in the $75,000-$78,000 range if a deeper retracement occurs.
Market Cipher Indicators
Momentum waves are showing a recovery, with money flow trying to push into the green.
VWAP is turning up, suggesting continued short-term strength.
Stochastic RSI has crossed up, but it’s nearing overbought conditions, so a pullback remains possible.
Macro Sentiment & Saylor Watch
MicroStrategy ($MSTR) did NOT buy Bitcoin this week, leading to speculation about their available funds.
The absence of an MSTR buy suggests less immediate institutional demand, potentially increasing short-term selling pressure.
If MicroStrategy announces a new convertible note issuance, expect increased bullish momentum.
Key Levels to Watch
Immediate Resistance: $94,000 - $96,000
Support Zones: $85,000 - $87,000, $78,000 - $80,000
Breakout Target: $100,000+
Risk Level: Caution near resistance, but dips remain buy opportunities
Final Takeaway
Bitcoin is recovering strongly, but needs to break and hold above $96K for a real move higher. If rejected, expect a retest of $85K or lower. Stay sharp—whales are playing chess while retail plays checkers.
📈 Stay Prolific. Stay Stacking. 🚀
Price Action & Trend Analysis
Bitcoin has experienced a significant bounce after hitting a key support level.
Recent volatility saw a sharp recovery, testing upper resistance levels but facing rejection.
The weekly trend remains bullish, but lower timeframes indicate short-term resistance.
$96,000-$98,000 remains a heavy resistance zone, while $85,000-$87,000 serves as critical support.
Volume Profile & Liquidity Zones
Point of Control (POC) remains near $92,000, indicating a high-volume trading area.
Value Area High (VAH) sits around $96,000, with a potential break leading to a test of $100K.
Value Area Low (VAL) is around $83,000, which aligns with strong buyer interest in case of further downside.
A major buy zone remains in the $75,000-$78,000 range if a deeper retracement occurs.
Market Cipher Indicators
Momentum waves are showing a recovery, with money flow trying to push into the green.
VWAP is turning up, suggesting continued short-term strength.
Stochastic RSI has crossed up, but it’s nearing overbought conditions, so a pullback remains possible.
Macro Sentiment & Saylor Watch
MicroStrategy ($MSTR) did NOT buy Bitcoin this week, leading to speculation about their available funds.
The absence of an MSTR buy suggests less immediate institutional demand, potentially increasing short-term selling pressure.
If MicroStrategy announces a new convertible note issuance, expect increased bullish momentum.
Key Levels to Watch
Immediate Resistance: $94,000 - $96,000
Support Zones: $85,000 - $87,000, $78,000 - $80,000
Breakout Target: $100,000+
Risk Level: Caution near resistance, but dips remain buy opportunities
Final Takeaway
Bitcoin is recovering strongly, but needs to break and hold above $96K for a real move higher. If rejected, expect a retest of $85K or lower. Stay sharp—whales are playing chess while retail plays checkers.
📈 Stay Prolific. Stay Stacking. 🚀