Bitcoin/Eurite (BTCEURI) Market Overview: 24-Hour Analysis for 2025-10-25

• Price surged past 95,000 EUR on strong volume, forming bullish engulfing patterns in key 15-minute candles.
• Volatility expanded midday, with Bollinger Bands widening and RSI trending toward overbought territory.
• A consolidation phase emerged overnight, with price finding support near 95,500 EUR ahead of 12:00 ET.
• Turnover spiked during the bullish breakout, confirming strength in higher highs and closes.
• Fibonacci retracement levels at 95,200 and 95,600 EUR appear to be acting as dynamic support/resistance.

The 24-hour session for Bitcoin/Eurite (BTCEURI) opened at 94,930 EUR and surged to an intraday high of 96,266.9 EUR, closing at 95,770 EUR as of 12:00 ET on 2025-10-25. The total traded volume reached 10.54 BTC, with notional turnover of approximately 1,009,777 EUR over the period. The price action shows a strong bullish bias, driven by key 15-minute reversal patterns and volume confirmation during the breakout.

Structure & Formations

The 15-minute chart revealed multiple bullish signals, including a strong engulfing pattern at 95,258 EUR and a bullish reversal at 95,600 EUR. These formations suggest strong buying pressure at key support levels. Resistance levels emerged at 96,000 and 96,200 EUR, where price saw brief pauses. The 1-hour chart shows a broader consolidation pattern after the initial breakout, with Fibonacci levels at 95,500 and 95,700 EUR acting as key psychological barriers.

Moving Averages

On the 15-minute chart, the 20-period and 50-period moving averages crossed to the upside during the breakout phase, confirming the bullish bias. On the daily chart, the 50-period and 100-period moving averages remain in a bullish alignment, while the 200-period MA continues to provide a long-term floor at 94,500 EUR. The short-term momentum is clearly above the long-term averages, reinforcing the bullish setup.

MACD & RSI

The MACD crossed into positive territory mid-session, with a strong histogram expansion during the breakout phase, indicating growing momentum. RSI pushed into overbought territory during the late afternoon hours, reaching 72 before retracing slightly. While not yet at extreme levels, this suggests that a pullback or consolidation could follow unless volume remains strong.

Bollinger Bands

Bollinger Bands widened significantly during the intraday rally, indicating heightened volatility. Price spent most of the session above the 20-period SMA and pushed toward the upper band, especially in the 15-minute timeframe. The recent pullback has seen price settle near the middle band, suggesting a potential pause in the short-term trend.

Volume & Turnover

Volume spiked during the breakout from 95,500 to 96,200 EUR, with a 15-minute candle at 95,800 EUR showing over 0.44 BTC traded. Turnover confirmed the strength of the price action, with a sharp increase in notional value traded during the bullish phase. However, volume has since thinned during the consolidation, which could signal caution before a potential resumption of the trend.

Fibonacci Retracements

Fibonacci levels from the intraday swing high at 96,266.9 EUR to the session low at 94,560.78 EUR highlight key retracement levels at 95,500 EUR (38.2%) and 95,700 EUR (50%). Price has found support at the 95,600 EUR level, suggesting that the 95,700 EUR retracement may act as a near-term target. On the daily chart, the 23.6% retracement from the 3-month high remains untested but could become relevant in the next leg up.

Backtest Hypothesis

Given the recurring appearance of bullish engulfing patterns in the 15-minute chart—most notably at 95,258 EUR and 95,600 EUR—it would be valuable to backtest a strategy based on these formations. A potential backtesting framework could involve entering long positions on confirmation of a bullish engulfing pattern, using a stop-loss just below the pattern’s low, and taking profit at key Fibonacci levels such as 38.2% and 50%. The strategy would be tested using a BTC-USD or BTC-EUR pair (e.g., "BTC-USD" or "BTC-EUR") on a major exchange like Coinbase or Kraken, with data spanning from 2022-01-01 to 2025-10-25. This would help determine the robustness of the pattern in different volatility and trend environments.