BITCOIN - BTC/USD

- USD (-)

- Real time data - CoinMarketCap

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Change:	-
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Type:	Cryptocurrencies
Ticker:	BTCUSD
ISIN:

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

Londinia

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Timeframe : 15 min.
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Strongly bearish

Underlying: Strongly bearish

Technical indicators

22%

72%

My opinion

Bearish under 99,672.62 USD

My targets

97,180.29 USD (-1.08%)

92,484.84 USD (-5.86%)

My analysis

The bearish trend is currently very strong for BITCOIN - BTC/USD. As long as the price remains below the resistance at 99,672.62 USD, you could try to take advantage of the bearish rally. The first bearish objective is located at 97,180.29 USD. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 92,484.84 USD as an objective. Crossing it would then enable sellers to target 67,552.80 USD. Be careful, given the powerful bearish rally underway, excesses could lead to a short-term rebound. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.

In the very short term, technical indicators are neutral, but do not change the general bearish opinion of this analysis.

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

Additional analysis

Quotes

The BITCOIN - BTC/USD rating is 98,238.44 USD. The price registered a decrease of -2.37% on the session with the lowest point at 98,067.51 USD and the highest point at 101,436.60 USD. The deviation from the price is +0.17% for the low point and -3.15% for the high point.

98,067.51

101,436.60

98,238.44

The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.

Bearish opening

Type : Bearish

Timeframe : Openning

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

The Central Records scanner, which identifies the highest / lowest, has detected several elements:

Near a new HIGH record (1 year)

Type : Bullish

Timeframe : Weekly

Near a new HIGH record (1st january)

Type : Bullish

Timeframe : Weekly

Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

A technical analysis in 15 min. of this BITCOIN - BTC/USD chart shows a sharp bearish trend. 92.86% of the signals given by moving averages are bearish. This strongly bearish trend is supported by the strong bearish signals given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.

In fact, of the 18 technical indicators analysed by Central Analyzer, 4 are bullish, 1 are neutral and 13 are bearish. But beware of excesses. The Central Indicators scanner currently detects this:

CCI indicator: bullish divergence

Type : Bullish

Timeframe : 15 minutes

RSI indicator: bullish divergence

Type : Bullish

Timeframe : 15 minutes

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 15 minutes

Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Pivot points : price is under support 3

Type : Neutral

Timeframe : 15 minutes

RSI indicator is back under 50

Type : Bearish

Timeframe : 15 minutes

Ichimoku - Bullish crossover : Tenkan & Kijun

Type : Bullish

Timeframe : 15 minutes

Price is back under the pivot point

Type : Bearish

Timeframe : Weekly

The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:

Near support of channel

Type : Bullish

Timeframe : 15 minutes

The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	67,552.80	92,484.84	97,705.02	98,238.44	99,125.21	100,210.19	101,517.50
Change (%)	-31.24%	-5.86%	-0.54%	-	+0.90%	+2.01%	+3.34%
Change	-30,685.64	-5,753.60	-533.42	-	+886.77	+1,971.75	+3,279.06
Level	Major	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	97,180.29	98,725.26	99,672.62	101,217.59	102,164.95	103,709.92	104,657.28
Camarilla	99,934.60	100,163.06	100,391.53	100,619.99	100,848.45	101,076.92	101,305.38
Woodie	96,881.50	98,575.86	99,373.83	101,068.19	101,866.16	103,560.52	104,358.49
Fibonacci	98,725.26	99,677.33	100,265.52	101,217.59	102,169.66	102,757.85	103,709.92

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	87,989.71	92,847.36	96,733.68	101,591.33	105,477.65	110,335.30	114,221.62
Camarilla	98,215.40	99,016.93	99,818.46	100,619.99	101,421.52	102,223.05	103,024.58
Woodie	87,504.04	92,604.53	96,248.01	101,348.50	104,991.98	110,092.47	113,735.95
Fibonacci	92,847.36	96,187.56	98,251.14	101,591.33	104,931.53	106,995.11	110,335.30

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	71,450.13	80,340.46	91,374.33	100,264.66	111,298.53	120,188.86	131,222.73
Camarilla	96,929.06	98,755.44	100,581.83	102,408.21	104,234.60	106,060.98	107,887.37
Woodie	72,521.91	80,876.35	92,446.11	100,800.55	112,370.31	120,724.75	132,294.51
Fibonacci	80,340.46	87,951.50	92,653.61	100,264.66	107,875.70	112,577.81	120,188.86

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):	37.22
MACD (12,26,9):	-208.0100
Directional Movement:	-20.69
AROON (14):	-64.29
DEMA (21):	98,619.45
Parabolic SAR (0,02-0,02-0,2):	99,336.25
Elder Ray (13):	-458.54
Super Trend (3,10):	99,372.18
Zig ZAG (10):	98,397.30
VORTEX (21):	0.9500
Stochastique (14,3,5):	17.22
TEMA (21):	98,607.42
Williams %R (14):	-85.55
Chande Momentum Oscillator (20):	-935.89
Repulse (5,40,3):	-0.4400
ROCnROLL:	2
TRIX (15,9):	-0.0200
Courbe Coppock:	0.13

MA7:	101,869.18
MA20:	102,397.09
MA50:	99,212.85
MA100:	93,620.39
MAexp7:	98,606.44
MAexp20:	98,879.13
MAexp50:	99,335.18
MAexp100:	100,068.42
Price / MA7:	-3.56%
Price / MA20:	-4.06%
Price / MA50:	-0.98%
Price / MA100:	+4.93%
Price / MAexp7:	-0.37%
Price / MAexp20:	-0.65%
Price / MAexp50:	-1.10%
Price / MAexp100:	-1.83%

Quotes : - Real time data - CoinMarketCap

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

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