- Bitget Token closed at $4.3421 after a sharp 13.90% decline triggering market caution
- The TD Sequential indicator now shows a buy signal suggesting a possible price rebound
- Support near $4.0000 could hold with resistance levels seen around $5.5000 if recovery starts
The closed price of Bitget Token (BGB) on February 25, 2025, was $4.3421, resulting from a 13.90% price drop. The cryptocurrency opened at $5.0443, reached an intraday high of $5.0808, and touched a low of $4.1182 in the process. The sharpness of the decline caught the attention of many in the market, including analysts like Ali Martinez, who made it known on TradingView. Martinez explained that the TD Sequential indicator had previously signaled the market top but is now showing a fresh buy signal that hints towards a possible bottom formation.
Price Action And Technical Signals
The BGB chart displayed considerable volatility over recent weeks, reflecting a mixture of bullish and bearish sentiment. After peaking above $8.9000 in January 2025, BGB entered a downtrend marked by successive bearish candles. The TD Sequential indicator previously identified a sell signal (S13) near the token’s recent highs, which coincided with a sustained pullback. Following the sell-off, BGB consolidated between $4.5000 and $5.5000, attempting to regain momentum.
The most recent candlestick, marked with a buy signal (9), emerged after multiple sessions of downward pressure. This signal suggests the possibility of a price reversal, although caution remains warranted as bearish momentum persists. Ali Martinez emphasized that the TD Sequential’s accuracy in past calls reinforces the importance of the current signal, especially considering the sharp losses observed.
Historical Context And Potential Outcomes
BGB’s latest price action follows a broader trend of market corrections after reaching multi-month highs. The initial surge from $3.0000 in late 2024 to nearly $9.0000 earlier this year fueled optimism but also set the stage for profit-taking. As prices retraced, volatility spiked, with daily ranges exceeding $1.0000 in several sessions. The token’s ability to hold the $4.0000 support zone will be critical in determining whether the buy signal leads to sustained recovery.
