Bitcoin Technical Analysis: 25 MAR 2025
Short-term trend inside a rising wedge pattern. Source: TradingView
General View
Bitcoin has gradually been in a correction phase, with the price rising from below $76,000 to nearly $88,200. However, the recovery appears to be forming a potential falling wedge pattern, which is a cause for concern as it often indicates a lack of sustainable strength. To turn this opportunity around, bulls need to break above the descending trendline level.
On The Upside
Price has now started to struggle at higher levels. As it approaches resistance, active selling pressure has been observed. There are intraday resistance levels at $87,050, followed by $88,250. Any short-term strength above these levels is likely to be capped at the $90,000 mark. Unless the price convincingly breaks above this hurdle, any upside will remain unsustainable.
On The Downside,
If Bitcoin fails to break the descending trendline, sellers will likely push for a retracement toward the CME gap at $83,930. This zone remains an attractive liquidity area, and a breakdown from the rising wedge could accelerate the move toward it. As for the session, intraday support levels are positioned at $86,150, followed by $85,250. Any slide below these levels would quickly fill the active CME gap.
Bitcoin’s active CME gap zone. Source: TradingView
