Bitcoin Futures Analysis Today by tradeCompass

tradeCompass – Bitcoin Futures Analysis for Today, March 11, 2025

Bitcoin Price Overview

  • Current Price: $82,005
  • Daily Performance: +3.77% from yesterday’s close
  • Intraday Surge: +7% from today’s low at $76,735

Bitcoin futures have seen a strong rally, but the market is now extended on the short-term timeframe. While this could signal the early formation of a major bullish reversal, historical price behavior suggests that a trading range often forms before a confirmed directional move.

📌 Is this a breakout or just an overextended leg up before a pullback

Bitcoin Analysis Today

Bearish Bitcoin Trade Plan – Shorting into Resistance

Bitcoin is nearing several key resistance levels, where short sellers may look for a contrarian trade:

  1. $82,080First upper standard deviation of yesterday’s VWAP (immediate resistance).
  2. $82,190Highest point of yesterday’s VWAP.
  3. $82,415Second upper standard deviation of today’s VWAP.
  4. $82,650VWAP from February 28, a historical level with strong market interest.

📌 Short Entry Zone: $82,080 – $82,700

  • Traders may wait for confirmation, such as a rejection from resistance or a failed attempt to hold above $82,650.
  • If price sustains below $81,655, this could confirm bearish momentum.

Bearish Price Targets (Partial Profits for Short Sellers)

  1. $80,460 – Above yesterday’s VWAP, first profit-taking level.
  2. $79,410 – Above today’s VWAP, confirming a bearish shift.
  3. $78,250 – Above yesterday’s Value Area Low (VAL), a liquidity test.
  4. $77,015 – Above today’s VAL, deeper downside potential.

Bullish Bitcoin Trade Plan – If Price Holds Above $83,265

If Bitcoin breaks and sustains above $83,265, bullish momentum could strengthen, leading to further gains.

Bullish Price Targets

  1. $84,000Point of Control (POC) of March 4, first profit-taking zone.
  2. $85,570Value Area High (VAH) of February 28, a key resistance level.
  3. $86,825 – Just below Value Area Low (VAL) of March 7.
  4. $88,250 – Near VWAP of March 7, marking an extended target for bulls.

tradeCompass Bitcoin Market Outlook for Today

The tradeCompass Bitcoin analysis for today outlines both bullish and bearish trade setups, helping traders navigate key market levels:

  • Short traders: Consider selling into resistance at $82,080 – $82,700, with profit targets down to $77,015.
  • Long traders: Look for a breakout above $83,265 to target $84,000 – $88,250.
  • All traders: Use key price levels to manage risk, take partial profits, and validate market direction.

📌 Bitcoin is at a critical juncture—stay flexible and trade smart and do your own research, this is not financial advice. Visit ForexLive.com for additional views.

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THE INFORMATION GIVEN IN THE GROUP ARE OPINIONS, FOR EDUCATIONAL PURPOSES ONLY AND IS NOT FINANCIAL ADVICE.

ALWAYS DO YOUR OWN REASERCH. ALWAYS INVEST AND TRADE AT YOUR RISK ONLY.

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Bitcoin Futures Analysis Today by tradeCompass

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