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 02/03/2025 (GMT)

Londinia

I am pleased to note that the threshold for invalidation has been maintained for 20 Candlesticks.
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Timeframe : 15 min.
- Analysis generated on
Status : LEVEL MAINTAINED

Summary of the analysis

Trends

Short term: Neutral

Underlying: Bearish

Technical indicators

50%

44%

My opinion

Bearish under 98,417.30 USD

My targets

93,128.98 USD (-2.14%)

90,109.67 USD (-5.31%)

My analysis

Has the basic bearish trend slowed or is it lacking in power? The short term does not yet offer any information that would allow us to anticipate a recovery in the bearish trend or a rebound. Sellers' generally have the upper hand, even if a small correction (not tradeable) on the resistance located at 98,417.30 USD remains possible. It is advisable to trade BITCOIN - BTC/USD with the greatest caution, while favouring short positions (for sale) as long as the price remains well below 98,417.30 USD. The next bearish objective for sellers is set at 93,128.98 USD. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 90,109.67 USD. In case of crossing, the next objective would be the support located at 67,552.80 USD. PS: if there is a bullish break in the resistance located at 98,417.30 USD we suggest that you produce a new automated technical analysis. In fact, conditions should have changed. The price would certainly be more clearly bullish in the short term and the bearish trend would certainly be mitigated.

In the very short term, the general bearish opinion of this analysis is in opposition with technical indicators. As long as the invalidation level of this analysis is not breached, the bearish direction is still favored, however the current short term correction should be carefully watched.

Force

2.5

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 price is 95,166.84 USD. On the day, this instrument lost -2.56% and was between 91,257.37 USD and 97,725.08 USD. This implies that the price is at +4.28% from its lowest and at -2.62% from its highest.

91,257.37

97,725.08

95,166.84

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

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

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

Near a new LOW record (1st january)

Type : Bearish

Timeframe : Weekly

Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly

Technical

Technical analysis of this 15 min. chart of BITCOIN - BTC/USD indicates that the overall trend is bearish. 78.57% of the signals given by moving averages are bearish. Caution: as the signals currently given by short-term moving averages are rather neutral, the bearish trend could slow down. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

In fact, according to the parameters integrated into the Central Analyzer system, only 9 technical indicators out of 18 analysed are currently bullish. Caution: the Central Indicators scanner currently detects an excess:

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 1

Type : Neutral

Timeframe : 15 minutes

Pivot points : price is under support 1

Type : Neutral

Timeframe : Weekly

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

Resistance of channel is broken

Type : Bullish

Timeframe : 15 minutes

For a small setback in the very short term, the Central Candlesticks scanner currently notes the presence of this bearish pattern in Japanese candlesticks:

Bearish harami

Type : Bearish

Timeframe : 15 minutes

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	53,966.27	67,552.80	92,484.84	95,166.84	97,705.02	99,125.21	100,210.19
Change (%)	-43.29%	-29.02%	-2.82%	-	+2.67%	+4.16%	+5.30%
Change	-41,200.57	-27,614.04	-2,682.00	-	+2,538.18	+3,958.37	+5,043.35
Level	Major	Major	Major	-	Intermediate	Intermediate	Intermediate

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

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	90,109.67	93,128.98	95,397.99	98,417.30	100,686.31	103,705.62	105,974.63
Camarilla	96,212.72	96,697.49	97,182.25	97,667.01	98,151.77	98,636.54	99,121.30
Woodie	89,734.53	92,941.41	95,022.85	98,229.73	100,311.17	103,518.05	105,599.49
Fibonacci	93,128.98	95,149.12	96,397.16	98,417.30	100,437.44	101,685.48	103,705.62

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 are the details of the technical indicators and moving averages that were collected to generate this technical analysis:

Technical indicators

Moving averages

RSI (14):	46.57
MACD (12,26,9):	-421.7100
Directional Movement:	-8.25
AROON (14):	50.00
DEMA (21):	93,476.45
Parabolic SAR (0,02-0,02-0,2):	92,392.16
Elder Ray (13):	105.53
Super Trend (3,10):	95,630.45
Zig ZAG (10):	94,209.49
VORTEX (21):	1.2000
Stochastique (14,3,5):	70.49
TEMA (21):	93,880.84
Williams %R (14):	-15.48
Chande Momentum Oscillator (20):	883.13
Repulse (5,40,3):	-0.1100
ROCnROLL:	-1
TRIX (15,9):	-0.0900
Courbe Coppock:	0.42

MA7:	100,685.78
MA20:	102,237.33
MA50:	98,994.48
MA100:	93,884.92
MAexp7:	94,140.06
MAexp20:	94,181.77
MAexp50:	95,384.05
MAexp100:	96,890.54
Price / MA7:	-5.48%
Price / MA20:	-6.92%
Price / MA50:	-3.87%
Price / MA100:	+1.37%
Price / MAexp7:	+1.09%
Price / MAexp20:	+1.05%
Price / MAexp50:	-0.23%
Price / MAexp100:	-1.78%

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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