Why is there so much resistance for Bitcoin reaching $25,000

[Ojima-ojo]

The last quarter of the month of February 2023 has been filled with so many market behaviours and uncertainties, bitcoin made every attempt to hold on to the 25,000 prices but each time it reaches that milestone it gets to pull back.

This has happened several within the last one two weeks and this action has called for more speculation from spectators on what direction the price will go, just as there have been financial instability in the global economy will Bitcoin follow the same pattern as the traditional economy or will it break out in the face of uncertainties to move beyond the 25k BTC price.

[ginsan]

two big bumps to the $25k level and it hasn't been strong enough to hold on to the $25k level as I suspect some are targeting profit at that point so the hard spike happened in seller options at $25k. We are entering a weekend where normal things can happen during the sales phase which is more dominant if we observe.

maybe the closing price this february will be around the $24k level because some of the big orders I see are at $21k or $22k so that could trigger a strong push for traders to see higher prices when the pump comes. this was a pretty good entry rally after two rejections in the $25k area.

[Falconer]

After down to the lowest level in 2022, I think a good increase has occurred in early 2023 to this February. I don't expect the price to always go up without a correction, and it's very difficult. After all, fluctuations like this are always normal in the market although many people wish the $25K was held for a longer period. But in my opinion, dip only gives good hope for traders when they want to enter for long-term goals.

[cabron]

$25k is also the resistance back in Aug 2022.
I think it will break that $25k in a few weeks. The rally hasn't reached its peak yet It's possible to go $30k but then you got to prepare also when it falls. Good time to keep trading on the spot market just to accumulate a few satoshis. Once the market passes that resistance, it could become support line also.

[uneng]

Too many investors setting their exist points between 24,000$ and 25,000$ don't let bitcoin surpass the mark. Demand for bitcoin is still weak, possibly due to fear and pessimism. On the other hand, it could be simply due to the fact whales don't want bitcoin to reach 25,000$ for now, so they constantly dump btc price through sell orders once the market gives signals of becoming bullish.

[Ojima-ojo]

$25k is also the resistance back in Aug 2022.
I think it will break that $25k in a few weeks. The rally hasn't reached its peak yet It's possible to go $30k but then you got to prepare also when it falls. Good time to keep trading on the spot market just to accumulate a few satoshis. Once the market passes that resistance, it could become a support line also.

May history is repeating itself this time, and I am also hoping that the $25,000 price benchmark will be achieved in the next coming weeks but we can't as when to be precise and at what point since the attempt has been made on several accessions before it resists downward again.

Volatility and bear market resistance has forced Bitcoin to rely on below 25k for a while now but I know when it breaks the benchmark it will not return to that assist for a long time to come even before the next halving.

[Falconer]

May history is repeating itself this time, and I am also hoping that the $25,000 price benchmark will be achieved in the next coming weeks but we can't as when to be precise and at what point since the attempt has been made on several accessions before it resists downward again.

Volatility and bear market resistance has forced Bitcoin to rely on below 25k for a while now but I know when it breaks the benchmark it will not return to that assist for a long time to come even before the next halving.

Currently $25K has become the resistance which is expected to be broken and last longer. Of course it's not as easy as we hope, but anything is possible when traders and investors both want the same thing. I expect $24K to be sustained this February so passing $25K in March is very likely.

But for today's correction, I think holding is still the best option, but if you have enough funds that you previously saved from DCA then it's time to make a purchase.

[Ryu_Ar1]

At the moment, the condition can't be said to be good, but I don't think it's bad either.
The current condition by touching $25k could be a start and there will be a continuation for the next increase because $28k-$30k is still possible in my opinion.
It's just that in this condition vigilance must still be exercised, because this could be like a ticking time bomb while in that area and they will decline again.
Keep calm and enjoy is actually the best way

[capedbaldy]

Currently $25K has become the resistance which is expected to be broken and last longer. Of course it's not as easy as we hope, but anything is possible when traders and investors both want the same thing. I expect $24K to be sustained this February so passing $25K in March is very likely.

But for today's correction, I think holding is still the best option, but if you have enough funds that you previously saved from DCA then it's time to make a purchase.

However, it is difficult to maintain the $24k price until the end of this month, the impact of the downside is significant and now the price has touched below $23k and will probably be closer to $20k, but no one can predict exactly and it could be that things change and the price recovery will come back at a price of $25k.

I don't think it's time to buy bitcoin at this low price, maybe $20k will be the next DCA target, but whatever price you buy expect to weigh your decision and do some research.

[South Park]

Too many investors setting their exist points between 24,000$ and 25,000$ don't let bitcoin surpass the mark. Demand for bitcoin is still weak, possibly due to fear and pessimism. On the other hand, it could be simply due to the fact whales don't want bitcoin to reach 25,000$ for now, so they constantly dump btc price through sell orders once the market gives signals of becoming bullish.

There is nothing special about the 25k level, it is just as you state, the demand for bitcoin to go past it is not there while there are too many sellers close to that level, and at least for now it does not seem as if we will go past that price as now bitcoin is even having problems keeping itself above 23k, however I would not worry about this as it is unlikely the bears have too much strength left either and the price could recover in just a few days.

[hatshepsut93]

Because people are taking profits, if they bought at $16k or $17k, selling at $24-25k is a pretty good deal, making 50% profit in a few months is a very good performance. This isn't the big bull market that will break past the ATH, such market will come after the halvening, not before. So there's no big risk of missing out if you sell at a profit now, there's still plenty of opportunities to buy before the halvening. Although the safest strategy is to just wait now, but many traders like to perform these short-term trades.

[dansus021]

Because people are taking profits, if they bought at $16k or $17k, selling at $24-25k is a pretty good deal, making 50% profit in a few months is a very good performance. This isn't the big bull market that will break past the ATH, such market will come after the halvening, not before. So there's no big risk of missing out if you sell at a profit now, there's still plenty of opportunities to buy before the halvening. Although the safest strategy is to just wait now, but many traders like to perform these short-term trades.

Yep this dude has a good point event I already take a profit a little when buy at 17K. Maybe some people take profit on that area.
External Factors may be we need to see at least settle on the inflation rate, interest rate and etc.

Technical Site the price need to test the new support at 23K although is very good that we already broke the EMA 200 and followed by golden cross of EMA 100 and the price remain stable above that price

[ilovealtcoins]

The last quarter of the month of February 2023 has been filled with so many market behaviours and uncertainties, bitcoin made every attempt to hold on to the 25,000 prices but each time it reaches that milestone it gets to pull back.

This has happened several within the last one two weeks and this action has called for more speculation from spectators on what direction the price will go, just as there have been financial instability in the global economy will Bitcoin follow the same pattern as the traditional economy or will it break out in the face of uncertainties to move beyond the 25k BTC price.

As of now, bitcoin is up more than 50% since the bottom, which is a great thing, and a lot of people have made a profit if they bought bitcoin for under $20k. You should not be too greedy when you want bitcoin to only increase continuously and without correction. Bitcoin's price drop is obvious and many people are waiting for it to correct to a good price to buy, while you feel uncomfortable.

[Cuenta Alternativa]

The last quarter of the month of February 2023 has been filled with so many market behaviours and uncertainties, bitcoin made every attempt to hold on to the 25,000 prices but each time it reaches that milestone it gets to pull back.

Look. Forget about the noise and take advantage of these moments to accumulate. People look back and think, 'I wish I could have bought at $1,000 or $100!'. In the same way people will look back tomorrow and think I wish I could have bought around $20,000. Better to focus on this perspective than on whether it takes longer or shorter to break $25,000.

[michellee]

I just think that the time for bitcoin to start increasing over $25k hasn't come yet for the bitcoin price to drop back down to the lows we've seen before. But when the time comes, we'll see a long rally and the price will go above $25k. Again, there's no telling when it could go over $25k and we can only wait and hope it will happen soon so we can start to see the value of our investment grow. So, for now, just enjoy the moment and don't be left behind to buy more bitcoins.

[tabas]

Since we have seen bitcoin reached $25k and it's like the top of this cycle, every analysis that I've seen is basing there for the next uptrend. If ever bitcoin breaks $25k and pass that price, the tendency of it to reach another top is high. That's what the speculations that I've been reading thus, it will be falling behind and more likely be back under $20k once again.
The situation now is necessary to happen and it's still part of the accumulation period that the market is setting before a quick skyrocketing becomes on set.
Also, we'll never know where the market is leading until the end of the year but we've got some patterns left prior to halving. 

[cryptomaniac_xxx]

The last quarter of the month of February 2023 has been filled with so many market behaviours and uncertainties, bitcoin made every attempt to hold on to the 25,000 prices but each time it reaches that milestone it gets to pull back.

This has happened several within the last one two weeks and this action has called for more speculation from spectators on what direction the price will go, just as there have been financial instability in the global economy will Bitcoin follow the same pattern as the traditional economy or will it break out in the face of uncertainties to move beyond the 25k BTC price.

Perhaps it was the price that many speculators have set, so when we reach it, automatically sell for them. And after that, there are no buyers or the buyers are outnumbered by the sellers.

And I think the resistance should be in the round numbers like the next one which is $30k.

Although we have some not good news coming from the FEDs, that's why the price is again below $24k. But hopefully next month we will see at least the price hovering to $25k and maintain it. So we just need to have patience.

[Ojima-ojo]

Because people are taking profits, if they bought at $16k or $17k, selling at $24-25k is a pretty good deal, making 50% profit in a few months is a very good performance. This isn't the big bull market that will break past the ATH, such market will come after the halvening, not before. So there's no big risk of missing out if you sell at a profit now, there's still plenty of opportunities to buy before the halvening. Although the safest strategy is to just wait now, but many traders like to perform these short-term trades.

Yep this dude has a good point event I already take a profit a little when buy at 17K. Maybe some people take profit on that area.
External Factors may be we need to see at least settle on the inflation rate, interest rate and etc.

Technical Site the price need to test the new support at 23K although is very good that we already broke the EMA 200 and followed by golden cross of EMA 100 and the price remains stable above that price

I also see the very good point in that and what most people don't understand is that there is always a difference between a regular trader and a holder since some steel hand that bought around the 17k-18k region will not be looking at the price when it gets to 25k.

But as a regular trader, taking profits I quite a good way to grow capital and trading between the line can earn passive profits during this period of high market volatility.

[Husires]

Because it is difficult to break two resistance levels in a short period, do not forget that a few weeks ago we were at a historical resistance level at 19k, and before that the price was in the range of 17k, so we broke the resistance level at 19k and at 21K and therefore it is difficult to break the second level .

The good news is that the closer we get to it, the easier it will be to break it. Therefore, it is relatively easy to break the 25k, but it is difficult to break the 28k, and so on.
The image below will explain more

[btc_angela]

Because people are taking profits, if they bought at $16k or $17k, selling at $24-25k is a pretty good deal, making 50% profit in a few months is a very good performance. This isn't the big bull market that will break past the ATH, such market will come after the halvening, not before. So there's no big risk of missing out if you sell at a profit now, there's still plenty of opportunities to buy before the halvening. Although the safest strategy is to just wait now, but many traders like to perform these short-term trades.

Yep this dude has a good point event I already take a profit a little when buy at 17K. Maybe some people take profit on that area.
External Factors may be we need to see at least settle on the inflation rate, interest rate and etc.

Technical Site the price need to test the new support at 23K although is very good that we already broke the EMA 200 and followed by golden cross of EMA 100 and the price remains stable above that price

I also see the very good point in that and what most people don't understand is that there is always a difference between a regular trader and a holder since some steel hand that bought around the 17k-18k region will not be looking at the price when it gets to 25k.

But as a regular trader, taking profits I quite a good way to grow capital and trading between the line can earn passive profits during this period of high market volatility.

Exactly, and that's why there are day or intra day traders, who's willing to take and squeeze some profits and take advantage of the volatility. And for those diamond hands, they are going to hold and accumulate no matter what the price is.

So that's the best and simply explanation, just taking profits at $25k and when they are exhausted and then the bulls started to push it again, then at some point in time we are going to break that barrier, it might take long though, or not going to happen this month.