BTCUSD: Waiting for breakout confirmation near the range highBTCUSD – Analysis for October 24, 2025
Yesterday, we had two trading setups for BITSTAMP:BTCUSD .
The IRB setup played out as planned when the price rebounded from the EMA, formed a consolidation zone within the range, and then broke out strongly, pushing up toward the upper boundary of the range.
This move shows that bullish momentum is still present, although the resistance near the range high remains a key area where short-term profit-taking may occur.
Today’s Trading Plan
Wait for the price to compress and form a tight consolidation zone near the upper boundary of the range.
Confirmation condition: No candle closes below the EMA, which would confirm that buying pressure remains in control.
Once a RB or ARB setup appears, that will be our signal to enter long positions.
Bullish Scenario (primary bias):
Entry: On confirmed RB/ARB setup near the upper edge of the range
Stop Loss: Below the nearest EMA
Take Profit: Targeting extended resistance levels above the range
Alternative Scenario:
If the price closes below the EMA and breaks the compression structure, we’ll stay out of the market and wait for a new setup once the structure stabilizes.
Summary
BTC continues to show strength, but the upper range boundary remains a key test.
Today’s plan: Wait – Confirm – Execute. Avoid FOMO until a clear confirmation appears.
Daniel Miller @ ZuperView
