empty
 
 
24.10.2025 07:54 AM
Trading Signals for BITCOIN for October 24-27, 2025: buy above $109,300 (21 SMA - 3/8 Murray)

This image is no longer relevant

Bitcoin is trading around 110,489, above the 3/8 Murray level, and above the 21SMA with a positive bias.

It is likely to continue rising in the coming hours, reaching the strong resistance of the 4/8 Murray level around 112,500, and could even encounter a strong rejection around the top of the downtrend channel located at 113,220, which also coincides with the 200 EMA.

If Bitcoin makes a technical rebound around 109,375, it will be seen as a signal to buy in the coming hours, with targets at 112,500.

On the other hand, if Bitcoin falls and consolidates below the 21SMA at $109,000, we could expect the bearish cycle to resume, potentially reaching the 2/8 Murray at 106,250 and even the 1/8 Murray around 103,125.

In the short term, the eagle indicator is showing a positive signal, so any pullback in Bitcoin will be seen as a signal to buy.

Dimitrios Zappas,
Analytical expert of InstaForex
© 2007-2025
Summary
Urgency
Analytic
Dimitrios Zappas
Start trade
Earn on cryptocurrency rate changes with InstaForex
Download MetaTrader 4 and open your first trade
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST
  • Chancy Deposit
    Deposit your account with $3,000 and get $1000 more!
    In October we raffle $1000 within the Chancy Deposit campaign!
    Get a chance to win by depositing $3,000 to a trading account. Having fulfilled this condition, you become a campaign participant.
    JOIN CONTEST
  • Trade Wise, Win Device
    Top up your account with at least $500, sign up for the contest, and get a chance to win mobile devices.
    JOIN CONTEST
  • 100% Bonus
    Your unique opportunity to get a 100% bonus on your deposit
    GET BONUS
  • 55% Bonus
    Apply for a 55% bonus on your every deposit
    GET BONUS
  • 30% Bonus
    Receive a 30% bonus every time you top up your account
    GET BONUS

Recommended Stories

Can't speak right now?
Ask your question in the chat.
Widget callback