BITCOIN - BTC/USDT

- USDT (-)

- Real time data - Cryptocompare

Open:	-
Change:	-
Volume:	-

Low:	-
High:	-
High / Low range:	-

Type:	Cryptocurrencies
Ticker:	BTCUSDT
ISIN:

BITCOIN - BTC/USDT - 1H - Technical analysis published on 01/15/2025 (GMT)

Timeframe : 1H
- Analysis generated on
Status : IN PROGRESS...

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

83%

17%

My opinion

Bullish above

My targets

()

My analysis

All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on BITCOIN - BTC/USDT as long as the price remains well above . The buyers' bullish objective is set at . A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at . If there is any crossing, the next objective would be the resistance located at . However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.

In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.

Force

8.8

Comment on the analysis

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

This analysis was given by hunza. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

The BITCOIN - BTC/USDT price is 99,019.18 USDT. On the day, this instrument gained +2.51% with the lowest point at 96,524.36 USDT and the highest point at 99,724.08 USDT. The deviation from the price is +2.58% for the low point and -0.71% for the high point.

96,524.36

99,724.08

99,019.18

A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.

Bearish opening

Type : Bearish

Timeframe : Openning

Here is a more detailed summary of the historical variations registered by BITCOIN - BTC/USDT:

The Central Records scanner, which identifies the highest / lowest, has detected an element:

Near a new HIGH record (1st january)

Type : Bullish

Timeframe : Weekly

Technical

Technical analysis of BITCOIN - BTC/USDT in 1H shows a strongly overall bullish trend. 92.86% of the signals given by moving averages are bullish. This strongly bullish trend is supported by the strong bullish signals given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.

Technical indicators are strongly bullish, suggesting that the price increase should continue.
Caution: the Central Indicators scanner currently detects an excess:

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : 1 hour

Previous candle closed over Bollinger bands

Type : Neutral

Timeframe : 1 hour

Other results related to technical indicators were also found by the Central Indicators scanner:

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : 1 hour

Price is back over the pivot point

Type : Bullish

Timeframe : Weekly

Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:

Horizontal resistance is broken

Type : Bullish

Timeframe : 1 hour

From the Japanese candlestick perspective, the Central Candlesticks scanner notes the presence of these results that could impact the short-term trend:

White hanging man / hammer

Type : Neutral

Timeframe : 1 hour

Black hanging man / hammer

Type : Neutral

Timeframe : 1 hour

Black evening star

Type : Bearish

Timeframe : 1 hour

Bullish engulfing lines

Type : Bullish

Timeframe : 1 hour

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	92,745.28	95,812.48	97,340.82	99,019.18	99,103.45	101,568.09	102,628.65
Change (%)	-6.34%	-3.24%	-1.69%	-	+0.09%	+2.57%	+3.65%
Change	-6,273.90	-3,206.70	-1,678.36	-	+84.27	+2,548.91	+3,609.47
Level	Major	Major	Major	-	Minor	Minor	Minor

To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	91,842.72	93,099.91	94,845.56	96,102.75	97,848.40	99,105.59	100,851.24
Camarilla	95,765.44	96,040.70	96,315.96	96,591.22	96,866.48	97,141.74	97,417.00
Woodie	92,086.96	93,222.03	95,089.80	96,224.87	98,092.64	99,227.71	101,095.48
Fibonacci	93,099.91	94,246.99	94,955.66	96,102.75	97,249.83	97,958.50	99,105.59

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	78,319.43	84,792.58	89,682.35	96,155.50	101,045.27	107,518.42	112,408.19
Camarilla	91,447.32	92,488.92	93,530.52	94,572.12	95,613.72	96,655.32	97,696.92
Woodie	77,527.74	84,396.74	88,890.66	95,759.66	100,253.58	107,122.58	111,616.50
Fibonacci	84,792.58	89,133.22	91,814.87	96,155.50	100,496.14	103,177.79	107,518.42

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	70,721.27	81,150.45	87,396.50	97,825.68	104,071.73	114,500.91	120,746.96
Camarilla	89,056.86	90,585.43	92,113.99	93,642.55	95,171.11	96,699.68	98,228.24
Woodie	68,629.71	80,104.67	85,304.94	96,779.90	101,980.17	113,455.13	118,655.40
Fibonacci	81,150.45	87,520.39	91,455.74	97,825.68	104,195.62	108,130.97	114,500.91

Numerical data

The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:

Technical indicators

Moving averages

RSI (14):	70.54
MACD (12,26,9):	766.3300
Directional Movement:	26.70
AROON (14):	21.43
DEMA (21):	98,482.76
Parabolic SAR (0,02-0,02-0,2):	96,860.34
Elder Ray (13):	1,271.06
Super Trend (3,10):	97,508.83
Zig ZAG (10):	98,959.36
VORTEX (21):	1.1900
Stochastique (14,3,5):	86.77
TEMA (21):	98,679.64
Williams %R (14):	-24.99
Chande Momentum Oscillator (20):	1,722.27
Repulse (5,40,3):	0.4000
ROCnROLL:	1
TRIX (15,9):	0.0900
Courbe Coppock:	2.78

MA7:	95,207.28
MA20:	95,856.45
MA50:	97,581.61
MA100:	86,920.73
MAexp7:	98,442.58
MAexp20:	97,538.62
MAexp50:	96,379.78
MAexp100:	95,679.09
Price / MA7:	+4.00%
Price / MA20:	+3.30%
Price / MA50:	+1.47%
Price / MA100:	+13.92%
Price / MAexp7:	+0.59%
Price / MAexp20:	+1.52%
Price / MAexp50:	+2.74%
Price / MAexp100:	+3.49%

Quotes : - Real time data - Cryptocompare

This member declared not having a position on this financial instrument or a related financial instrument.

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