Bitcoin, the most-watched cryptocurrency, sees traders globally using daily price movements to inform strategies, with technical indicators like RSI, MACD, and moving averages guiding its short-term trends.
Here, we break down the most important indicators and what they suggest for Bitcoin’s potential performance today.
BTC
₹9,817,683
▲ 0.45%24H
ETH
₹346,180
▲ 1.06%24H
USDT
₹88.75
▼ 0.06%24H
Bitcoin Market Snapshot for 31 Oct, 2025
Technical Outlook: Sell
Oscillators (momentum indicators): Buy
Moving Averages (trend indicators): Sell
Takeaway: Despite a mild price uptick, Bitcoin’s broader technical setup remains cautious. Oscillators indicate potential momentum recovery, but moving averages show ongoing weakness, suggesting the rally may face resistance.
31 October 2025 Oscillator Readings
Here’s what they’re saying today:
- Relative Strength Index (RSI) at 45.17 → Neutral: RSI below 50 signals modest bearish pressure, but not strong enough to suggest overselling.
- MACD at −1,068.55 → Buy: The improving MACD trend shows early signs of bullish reversal momentum forming.
- Stochastic Oscillator at 41.12 → Neutral: Indicates a consolidating market where price movements remain indecisive for now.
- Others → Neutral: Supporting oscillators like ADX and Williams %R suggest limited volatility and stable market momentum.
- Bull Bear Power at −3,535.71 → Neutral: Reflects equilibrium between buyers and sellers, hinting at a short pause before the next move.
Takeaway: Oscillators show a slightly bullish bias despite overall neutrality — a sign that momentum could build up if buying pressure sustains.
31 October Moving Averages Explained
Here’s what they’re saying today:
| Category | Indicator | Value | Action |
|---|---|---|---|
| Short-term | EMA 10 | 110,796.97 | Sell |
| SMA 10 | 111,024.24 | Sell | |
| EMA 20 | 111,571.04 | Sell | |
| SMA 20 | 110,705.10 | Sell | |
| Medium-term | EMA 30 | 112,238.45 | Sell |
| SMA 30 | 113,929.25 | Sell | |
| EMA 50 | 112,941.04 | Sell | |
| SMA 50 | 114,074.73 | Sell | |
| Long-term | EMA 100 | 112,567.64 | Sell |
| SMA 100 | 114,347.22 | Sell | |
| EMA 200 | 108,377.53 | Buy | |
| SMA 200 | 109,494.37 | Buy | |
| Other | Hull MA (9) | 109,360.14 | Buy |
| Ichimoku Base Line | 114,681.81 | Neutral |
Takeaway: The moving averages point to a largely bearish setup, particularly in the short and medium term. However, long-term indicators like the 200-day averages and Hull MA show resilience, suggesting underlying support remains strong. For further insights, check Daily Crypto Market Technical Analysis.
31 October Key Levels and Pivots
| Level | Value |
|---|---|
| Pivot Point (P) | 113,105.07 |
| Immediate Resistance (R1) | 118,944.82 |
| Higher Resistance (R2/R3) | 123,772.63 / 134,440.19 |
| Immediate Support (S1) | 108,277.26 |
| Deeper Support Zone (S2/S3) | 102,437.51 / 91,769.95 |
Takeaway: Bitcoin trades below the key pivot level, signaling that upward movement could face hurdles near resistance around 118,944. If prices hold above 108,000, recovery attempts may continue.
BTC Technical Analysis Outlook for 31 October
Bitcoin’s outlook remains mixed, with oscillators hinting at early bullish momentum while moving averages still lean bearish. Price movement could stay range-bound until stronger volume supports a directional breakout. Overall, sentiment remains cautious but improving.
Since Bitcoin is up today, you may also want to explore our blog on why Bitcoin is up today.
