BITCOIN - BTC/USD

- USD (-)

- Real time data - Cryptocompare

Open:	-
Change:	-
Volume:	-

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

Type:	Cryptocurrencies
Ticker:	BTCUSD
ISIN:

BITCOIN - BTC/USD - 15 min. - Technical analysis published on 01/02/2025 (GMT)

Londinia

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Timeframe : 15 min.
- Analysis generated on
Status : LEVEL MAINTAINED

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

89%

11%

My opinion

Bullish above 95,335.24 USD

My targets

97,613.35 USD (+1.38%)

99,125.21 USD (+2.95%)

My analysis

BITCOIN - BTC/USD is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 95,335.24 USD. The next resistance located at 97,613.35 USD is the next bullish objective to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 99,125.21 USD. After this resistance, buyers could then target 99,883.40 USD. With the current pattern, you will need to monitor for possible bullish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bullish trend. Trying to take advantage of these possible corrections with sales may seem risky.

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

8.9

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 adintoronto. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

BITCOIN - BTC/USD rating 96,285.12 USD. The price has increased by +2.00% since the last closing with the lowest point at 94,184.12 USD and the highest point at 96,370.45 USD. The deviation from the price is +2.23% for the low point and -0.09% for the high point.

94,184.12

96,370.45

96,285.12

The Central Gaps scanner detects a bearish opening marking the presence of sellers ahead of buyers at the opening but not sufficiently marked to allow the price to register a quotation gap.

Bearish opening

Type : Bearish

Timeframe : Openning

So that you have an overall view of the price change, here is a table showing the variations over several periods:

The study of the highest / lowest by the Central Records scanner shows the following results:

New HIGH record (1st january)

Type : Bullish

Timeframe : Weekly

Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly

Technical

A technical analysis in 15 min. of this BITCOIN - BTC/USD chart shows a strongly bullish trend. 92.86% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish signals from short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.

The probability of a further increase is high given the direction of the technical indicators.
Caution: the Central Indicators scanner currently detects an excess:

RSI indicator is overbought : over 70

Type : Neutral

Timeframe : 15 minutes

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : 15 minutes

CCI indicator: bearish divergence

Type : Bearish

Timeframe : 15 minutes

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 15 minutes

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

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : 15 minutes

Price is back over the pivot point

Type : Bullish

Timeframe : Weekly

No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.

The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	93,298.53	94,771.80	96,134.62	96,285.12	97,318.05	99,125.21	99,883.40
Change (%)	-3.10%	-1.57%	-0.16%	-	+1.07%	+2.95%	+3.74%
Change	-2,986.59	-1,513.32	-150.50	-	+1,032.93	+2,840.09	+3,598.28
Level	Intermediate	Major	Intermediate	-	Intermediate	Intermediate	Intermediate

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	90,779.02	91,721.15	93,057.13	93,999.26	95,335.24	96,277.37	97,613.35
Camarilla	93,766.64	93,975.47	94,184.29	94,393.12	94,601.95	94,810.77	95,019.60
Woodie	90,975.96	91,819.61	93,254.07	94,097.72	95,532.18	96,375.83	97,810.29
Fibonacci	91,721.15	92,591.39	93,129.02	93,999.26	94,869.50	95,407.13	96,277.37

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	84,237.31	88,315.19	91,727.64	95,805.52	99,217.97	103,295.85	106,708.30
Camarilla	93,080.25	93,766.86	94,453.48	95,140.09	95,826.70	96,513.32	97,199.93
Woodie	83,904.60	88,148.83	91,394.93	95,639.16	98,885.26	103,129.49	106,375.59
Fibonacci	88,315.19	91,176.50	92,944.21	95,805.52	98,666.83	100,434.54	103,295.85

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	69,939.25	80,612.14	86,999.41	97,672.30	104,059.57	114,732.46	121,119.73
Camarilla	88,695.13	90,258.97	91,822.82	93,386.67	94,950.52	96,514.37	98,078.21
Woodie	67,796.43	79,540.74	84,856.59	96,600.90	101,916.75	113,661.06	118,976.91
Fibonacci	80,612.14	87,129.12	91,155.32	97,672.30	104,189.28	108,215.48	114,732.46

Numerical data

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

Technical indicators

Moving averages

RSI (14):	67.38
MACD (12,26,9):	256.1700
Directional Movement:	17.00
AROON (14):	78.57
DEMA (21):	95,888.07
Parabolic SAR (0,02-0,02-0,2):	95,375.76
Elder Ray (13):	308.87
Super Trend (3,10):	95,305.00
Zig ZAG (10):	96,072.35
VORTEX (21):	1.2500
Stochastique (14,3,5):	95.67
TEMA (21):	96,061.98
Williams %R (14):	0.00
Chande Momentum Oscillator (20):	978.68
Repulse (5,40,3):	0.4300
ROCnROLL:	1
TRIX (15,9):	0.0400
Courbe Coppock:	1.07

MA7:	94,223.09
MA20:	97,668.38
MA50:	96,717.06
MA100:	82,552.43
MAexp7:	96,019.74
MAexp20:	95,551.07
MAexp50:	95,116.66
MAexp100:	94,658.89
Price / MA7:	+2.19%
Price / MA20:	-1.42%
Price / MA50:	-0.45%
Price / MA100:	+16.64%
Price / MAexp7:	+0.28%
Price / MAexp20:	+0.77%
Price / MAexp50:	+1.23%
Price / MAexp100:	+1.72%

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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