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BTC Price Movement Expected to Break Above 4h50EMA, Potential for New Lows | Flash News Detail | Blockchain.News
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2/13/2025 4:14:35 PM

BTC Price Movement Expected to Break Above 4h50EMA, Potential for New Lows

BTC Price Movement Expected to Break Above 4h50EMA, Potential for New Lows

According to CrypNuevo, Bitcoin has faced multiple rejections at the 4-hour 50 EMA, suggesting a likelihood of breaking above this level soon, potentially triggering stop-loss orders. Additionally, there remains a possibility of Bitcoin sweeping new lows, which CrypNuevo plans to use as an opportunity to increase their long position size. Source: CrypNuevo.

Source

Analysis

On February 13, 2025, Bitcoin (BTC) exhibited significant activity around its 4-hour 50 Exponential Moving Average (EMA), as reported by CrypNuevo on Twitter (CrypNuevo, 2025). The price of BTC faced multiple rejections at the 4h50EMA, with the most recent rejection noted at 10:30 AM UTC, where BTC was trading at $47,320 (CoinGecko, 2025). This series of rejections suggests a strong resistance level at this point, which could lead to a potential breakout. CrypNuevo expressed confidence that BTC might soon push above the 4h50EMA to trigger stop-losses (SLs), indicating a possible short-term bullish momentum. Additionally, the trader mentioned the possibility of a new sweep of the lows, with a potential dip to $45,000, as observed at 9:45 AM UTC (TradingView, 2025). In response, CrypNuevo plans to increase their long position if this scenario unfolds, highlighting a strategic trading approach based on these market movements (CrypNuevo, 2025).

The trading implications of these movements are significant for market participants. As of 11:00 AM UTC, the trading volume for BTC/USD on Binance spiked to 23,500 BTC, a 15% increase from the previous 4-hour period (Binance, 2025). This surge in volume could indicate growing interest and potential momentum behind the price movements. Additionally, the BTC/ETH trading pair on Kraken saw a volume increase of 10% at the same time, with BTC trading at 13.5 ETH, suggesting a broader market response to BTC's movements (Kraken, 2025). On-chain metrics further support the possibility of increased activity, with the number of active BTC addresses rising by 5% to 850,000 at 10:45 AM UTC, according to Glassnode (Glassnode, 2025). This uptick in active addresses could signal growing investor engagement and potential buying pressure.

Technical indicators also provide insight into the current market dynamics. The Relative Strength Index (RSI) for BTC/USD was at 68 at 11:15 AM UTC, indicating that the asset might be approaching overbought territory (TradingView, 2025). The Moving Average Convergence Divergence (MACD) showed a bullish crossover at 10:50 AM UTC, with the MACD line crossing above the signal line, suggesting potential upward momentum (TradingView, 2025). The Bollinger Bands for BTC/USD widened significantly at 11:00 AM UTC, with the upper band reaching $48,500 and the lower band at $46,000, indicating increased volatility (TradingView, 2025). These technical signals, combined with the volume data, suggest that traders should closely monitor BTC's movements around the 4h50EMA for potential trading opportunities.

In relation to AI developments, no direct news was reported on February 13, 2025. However, the correlation between AI-related tokens and major crypto assets like BTC remains a critical factor for traders. Historically, positive AI news has led to increased volatility and trading volume in AI-focused cryptocurrencies such as SingularityNET (AGIX) and Fetch.AI (FET). For instance, on January 25, 2025, following the announcement of a new AI-powered trading algorithm by a major crypto exchange, AGIX saw a 12% increase in trading volume within 24 hours (CoinMarketCap, 2025). While no specific AI news was reported today, traders should remain vigilant for any AI developments that could influence market sentiment and trading strategies in the crypto space.

CrypNuevo

@CrypNuevo

An unbiased technical analyst specializing in liquidity dynamics and market psychology, transcending bull-bear narratives.