BITCOIN - BTC/USDT
BITCOIN - BTC/USDT
- USDT (-)
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Type: Cryptocurrencies
Ticker: BTCUSDT
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BITCOIN - BTC/USDT - 1H - Technical analysis published on 01/15/2025 (GMT)

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  • Timeframe : 1H
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Summary of the analysis

Trends
Short term: Strongly bullish
Underlying: Strongly bullish
Technical indicators
83%
0%
17%
My opinion
Bullish above 99,103.45 USDT
My targets
101,568.09 USDT (+1.81%)
102,628.65 USDT (+2.88%)
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 99,103.45 USDT. The buyers' bullish objective is set at 101,568.09 USDT. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 102,628.65 USDT. If there is any crossing, the next objective would be the resistance located at 106,097.60 USDT. 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, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.
Force
0
10
8.8

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:
15 min. Daily Weekly

Additional analysis

Quotes

The BITCOIN - BTC/USDT price is 99,758.52 USDT. The price has increased by +3.28% since the last closing with the lowest point at 96,524.36 USDT and the highest point at 100,643.33 USDT. The deviation from the price is +3.35% for the low point and -0.88% for the high point.

96,524.36
100,643.33
99,758.52

A study of price movements over other periods shows the following variations:
The study of the highest / lowest by the Central Records scanner shows the following result:

Central Records

Near a new HIGH record (1st january)

Type : Bullish

Timeframe : Weekly



Technical


Technical analysis of this 1H chart of BITCOIN - BTC/USDT indicates that the overall trend is strongly bullish. 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 scanner does not detect any result on moving averages that would impact this trend.

An assessment of technical indicators shows a strong bullish signal.
Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Central Indicators

Pivot points : price is over resistance 2

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:

Central Patterns

Horizontal resistance is broken

Type : Bullish

Timeframe : 1 hour



No result was found by the Central Candlesticks scanner on Japanese candlesticks.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 95,812.48 97,340.82 99,103.45 99,758.52 101,568.09 102,628.65 106,097.60
Change (%) -3.96% -2.42% -0.66% - +1.81% +2.88% +6.35%
Change -3,946.04 -2,417.70 -655.07 - +1,809.57 +2,870.13 +6,339.08
Level Major Major Minor - Minor Minor Intermediate



Attention could also be paid to pivot points to set price objectives:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard91,842.7293,099.9194,845.5696,102.7597,848.4099,105.59100,851.24
Camarilla95,765.4496,040.7096,315.9696,591.2296,866.4897,141.7497,417.00
Woodie92,086.9693,222.0395,089.8096,224.8798,092.6499,227.71101,095.48
Fibonacci93,099.9194,246.9994,955.6696,102.7597,249.8397,958.5099,105.59


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard78,319.4384,792.5889,682.3596,155.50101,045.27107,518.42112,408.19
Camarilla91,447.3292,488.9293,530.5294,572.1295,613.7296,655.3297,696.92
Woodie77,527.7484,396.7488,890.6695,759.66100,253.58107,122.58111,616.50
Fibonacci84,792.5889,133.2291,814.8796,155.50100,496.14103,177.79107,518.42


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard70,721.2781,150.4587,396.5097,825.68104,071.73114,500.91120,746.96
Camarilla89,056.8690,585.4392,113.9993,642.5595,171.1196,699.6898,228.24
Woodie68,629.7180,104.6785,304.9496,779.90101,980.17113,455.13118,655.40
Fibonacci81,150.4587,520.3991,455.7497,825.68104,195.62108,130.97114,500.91

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): 68.87
MACD (12,26,9): 902.5900
Directional Movement: 28.98
AROON (14): 57.15
DEMA (21): 99,454.46
Parabolic SAR (0,02-0,02-0,2): 97,860.58
Elder Ray (13): 882.92
Super Trend (3,10): 98,007.56
Zig ZAG (10): 99,786.94
VORTEX (21): 1.2300
Stochastique (14,3,5): 83.82
TEMA (21): 99,730.97
Williams %R (14): -21.60
Chande Momentum Oscillator (20): 2,966.23
Repulse (5,40,3): 0.2000
ROCnROLL: 1
TRIX (15,9): 0.1100
Courbe Coppock: 4.67
MA7: 95,316.34
MA20: 95,889.07
MA50: 97,594.66
MA100: 86,927.26
MAexp7: 99,301.39
MAexp20: 98,299.28
MAexp50: 96,934.68
MAexp100: 96,045.13
Price / MA7: +4.66%
Price / MA20: +4.04%
Price / MA50: +2.22%
Price / MA100: +14.76%
Price / MAexp7: +0.46%
Price / MAexp20: +1.48%
Price / MAexp50: +2.91%
Price / MAexp100: +3.87%

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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