BITCOIN - BTC/USD

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- Real time data - Cryptocompare

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Type:	Cryptocurrencies
Ticker:	BTCUSD
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BITCOIN - BTC/USD - 1H - Technical analysis published on 01/04/2025 (GMT)

Londinia

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Timeframe : 1H
- Analysis generated on
Status : LEVEL MAINTAINED

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

61%

11%

28%

My opinion

Bullish above 96,083.54 USD

My targets

99,242.43 USD (+1.30%)

106,144.09 USD (+8.35%)

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/USD as long as the price remains well above 96,083.54 USD. The buyers' bullish objective is set at 99,242.43 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 106,144.09 USD. 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

7.7

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

Additional analysis

Quotes

The BITCOIN - BTC/USD price is 97,966.47 USD. The price is lower by -0.16% since the last closing and was between 97,773.77 USD and 98,235.76 USD. This implies that the price is at +0.20% from its lowest and at -0.27% from its highest.

97,773.77

98,235.76

97,966.47

A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.

Bullish opening

Type : Bullish

Timeframe : Openning

A study of price movements over other periods shows the following variations:

The Central Records scanner for higher/lower results shows an item:

Near a new HIGH record (1st january)

Type : Bullish

Timeframe : Weekly

Technical

Technical analysis of BITCOIN - BTC/USD in 1H shows a strongly overall 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. The Central Indicators market scanner currently does not detect any result that concerns moving averages.

In fact, according to the parameters integrated into the Central Analyzer system, 11 technical indicators out of 18 analysed are currently bullish. Central Indicators, the scanner specialised in technical indicators, has identified these signals:

MACD crosses DOWN its Moving Average

Type : Bearish

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:

Resistance of channel is broken

Type : Bullish

Timeframe : 1 hour

The presence of these bearish patterns in Japanese candlesticks detected by Central Candlesticks that could cause a correction in the very short term were also noted

Bearish harami

Type : Bearish

Timeframe : 1 hour

Bearish harami cross

Type : Bearish

Timeframe : 1 hour

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2
ProTrendLines	94,771.80	96,083.54	97,755.59	97,966.47	99,242.43	106,144.09
Change (%)	-3.26%	-1.92%	-0.22%	-	+1.30%	+8.35%
Change	-3,194.67	-1,882.93	-210.88	-	+1,275.96	+8,177.62
Level	Minor	Major	Minor	-	Major	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	93,528.21	94,780.34	96,449.99	97,702.12	99,371.77	100,623.90	102,293.55
Camarilla	97,316.15	97,583.98	97,851.81	98,119.64	98,387.47	98,655.30	98,923.13
Woodie	93,736.97	94,884.72	96,658.75	97,806.50	99,580.53	100,728.28	102,502.31
Fibonacci	94,780.34	95,896.46	96,586.00	97,702.12	98,818.24	99,507.78	100,623.90

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 technical indicators and moving averages registered at the time this technical analysis was created:

Technical indicators

Moving averages

RSI (14):	61.05
MACD (12,26,9):	440.4900
Directional Movement:	10.28
AROON (14):	42.86
DEMA (21):	98,226.69
Parabolic SAR (0,02-0,02-0,2):	97,773.77
Elder Ray (13):	129.89
Super Trend (3,10):	97,067.78
Zig ZAG (10):	97,983.43
VORTEX (21):	1.1600
Stochastique (14,3,5):	61.11
TEMA (21):	98,265.19
Williams %R (14):	-38.73
Chande Momentum Oscillator (20):	1,010.15
Repulse (5,40,3):	-0.1900
ROCnROLL:	1
TRIX (15,9):	0.0600
Courbe Coppock:	3.12

MA7:	95,285.42
MA20:	97,230.11
MA50:	97,090.59
MA100:	83,239.83
MAexp7:	98,024.48
MAexp20:	97,639.58
MAexp50:	96,791.12
MAexp100:	95,981.80
Price / MA7:	+2.81%
Price / MA20:	+0.76%
Price / MA50:	+0.90%
Price / MA100:	+17.69%
Price / MAexp7:	-0.06%
Price / MAexp20:	+0.33%
Price / MAexp50:	+1.21%
Price / MAexp100:	+2.07%

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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Londinia AI

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