Bitcoin/Zloty (BTCPLN) Market Overview for 2025-11-10

Generated by AI AgentTradeCipherReviewed byAInvest News Editorial Team
Monday, Nov 10, 2025 1:12 am ET2min read
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- Bitcoin/Zloty (BTCPLN) rose from 379,549 to 389,192 PLN on 2025-11-09/10, forming a bullish engulfing pattern and late-day breakout.

- Key resistance at 384,000 PLN and support at 382,500 PLN were tested, with MACD golden cross and RSI overbought levels (75) confirming momentum.

- Bollinger Bands contraction preceded the breakout, while volume spiked during the 19:00 ET candle (380,551→383,335 PLN) and remained elevated post-breakout.

- Fibonacci retracement levels aligned with consolidation phases, and divergence emerged as price rose with waning volume in final hours.

Summary
• Bitcoin/Zloty opened at 379549 and closed at 389192, hitting a high of 390685 and a low of 379549.
• The 24-hour volume was 1.04157 and turnover was 399,685,369.57, with

momentum
showing overbought RSI levels.
• A bullish engulfing pattern formed early, followed by a sharp consolidation phase and a breakout late in the day.

The Bitcoin/Zloty pair (BTCPLN) opened on 2025-11-09 at 379,549 PLN and closed at 389,192 PLN on 2025-11-10. Over the 24-hour period, it reached a high of 390,685 PLN and a low of 379,549 PLN, with total trading volume of 1.04157 BTC and notional turnover of 399,685,369.57 PLN. The price showed a strong upward move after 19:00 ET, culminating in a breakout from a consolidation range.

On the 15-minute chart, the price formed a bullish engulfing pattern at the start of the session, which was followed by a period of consolidation. Resistance appeared near 384,000 PLN, and key support was identified around 382,500 PLN. A large-volume candle on 2025-11-09 at 19:00 ET saw the price jump from 380,551 to 383,335 PLN, signaling accumulation and a possible breakout. The breakout was confirmed later in the day with a candle that opened at 383,745 and closed at 387,486 PLN, showing strong momentum.

The 20-period and 50-period moving averages on the 15-minute chart crossed in favor of the price, forming a bullish signal. The 200-period daily moving average appears to be a dynamic support level. The MACD line crossed above the signal line during the breakout, reinforcing the bullish momentum. The RSI hit overbought territory at 75 and remained elevated, indicating potential for a pullback.

Bollinger Bands showed a tightening contraction before the breakout, increasing the probability of a directional move. The price broke above the upper band during the late surge, suggesting increased volatility. Volume spiked during the breakout candle and remained elevated, confirming the move. However, divergence appears in the final hours of the session, as price rose while volume waned.

Fibonacci retracements applied to the 15-minute swing showed the price finding support at 382,500 (61.8%) and resistance at 384,000 (38.2%). On the daily chart, the key levels from the recent low-to-high swing are 379,500 (61.8%) and 381,500 (38.2%), which align with the current consolidation phase.

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Backtest Hypothesis
The MACD golden cross has historically been a strong buy signal in BTC-PLN and other BTC pairs. A backtest strategy could look for instances where the MACD line crosses above the signal line while the RSI remains above 50 and price is above the 50-period moving average. This would be confirmed by volume increasing on the breakout candle. The strategy could be optimized by filtering for low volatility consolidation phases followed by sharp breakouts. Testing this on BTC-PLN or similar pairs could provide insight into the effectiveness of the MACD golden cross in Zloty-denominated

Bitcoin
trading.

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