Weekly Trading Analysis: A Detailed Breakdown of Market MomentumBTC 6th October – 12th October 2025
This week saw a dramatic reversal in Bitcoin’s fortunes. After building momentum from last week’s breakout, BTC was hit by a sharp and violent sell-off midweek following Trump’s announcement of sweeping 100% tariffs on Chinese tech exports. The tariff escalation reignited risk aversion across markets, triggering mass liquidations in crypto and equities alike and dragging BTC from ~$124K down toward the $113K zone. By week’s end, the market attempted to stabilize, but damage was done.
Hourly Analysis
Bitcoin began the week trading above both its 50 EMA and 200 EMA, riding the carryover bullish sentiment. However, that changed abruptly on October 10 when Trump’s tariff announcement hit headlines—crypto markets responded with a cascade of sell orders. In one of the largest liquidations seen in recent memory, BTC dropped sharply, with red candles smashing through multiple support levels and forcing stops.
During this plunge, the 50 EMA offered no relief, and price ripped straight toward the $113K region, briefly overshooting before buyers attempted a bounce. The rebound into the close regained some ground, pushing price back above the 50 EMA, but resistance remained stiff. By end-of-week, BTC was consolidating right around $115K, still under pressure and unable to reclaim the 200 EMA.
The hourly structure now shows a wide range with bearish bias until the overhead resistance is dealt with decisively.
Daily Analysis
On the daily chart, the centrepiece is the large candle with a long upper wick from near $124K — a classic rejection pattern following the tariff shock. That single event wiped out much of the prior week’s gains and reset structure back toward mid-range.
Volume spiked on the downfall day, confirming institutional-level selling, and price retreated to retest long-term support zones. The 200 EMA, previously offering support, was breached in the downward move, though it held short-term as BTC bounced off it. The broader structure now sits in a volatile consolidation band between $113K and $124K.
The direction over coming days will depend heavily on whether BTC can reclaim the $120K–$122K area or if it breaks below the $113K zone with conviction.
Summary & Outlook
The tariff announcement served as a brutal reminder that crypto remains fragile to macro shocks despite recent strength. The large selloff was not merely technical — it was crowd panic spurred by geopolitical escalation.
Looking ahead, the upcoming news calendar adds layers of uncertainty: speeches from Powell, ECB, data on PPI, GDP, and retail metrics. These will be tested against a market already jittery after the shock.
Key levels to watch:
Resistance: $120K–$122K — reclaiming this zone is critical for bullish continuation
Support: $113K — breaking below here may lead to deeper correction
Stay alert. The market is volatile, and macro catalysts are now front and center in determining the next leg.
Credit Crypto Craft
