BITCOIN - BTC/USD - 1H - Technical analysis published on 02/08/2025 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : LEVEL MAINTAINED
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Strongly bearish
Technical indicators
22%
50%
28%
My opinion
Bearish under 97,916.21 USD
My targets
94,237.73 USD (-1.72%)
92,484.84 USD (-3.55%)
My analysis
All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on BITCOIN - BTC/USD as long as the price remains well below 97,916.21 USD. The sellers' bearish objective is set at 94,237.73 USD. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 92,484.84 USD. In case of crossing, the next objective would be the support located at 91,257.37 USD. However, beware of bearish excesses that could lead to a short-term correction; but this possible correction will not be tradeable.
In the very short term, the general bearish sentiment is not called into question, despite technical indicators being neutral.
Force
0
10
7
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This analysis was given by Matar. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The BITCOIN - BTC/USD price is 95,889.54 USD. On the day, this instrument lost -0.67% and was between 95,801.45 USD and 96,905.64 USD. This implies that the price is at +0.09% from its lowest and at -1.05% from its highest.95,801.45
96,905.64
95,889.54
A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.
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:
Technical
A technical analysis in 1H of this BITCOIN - BTC/USD chart shows a sharp bearish trend. The signals given by moving averages are 92.86% bearish. This strong bearish trend is confirmed by the strong signals currently being given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.
An assessment of technical indicators does not currently provide any relevant information to suggest whether the signal given by the technical indicators is more bullish or bearish.
Other results related to technical indicators were also found by the Central Indicators scanner:
Pivot points : price is under support 1
Type : Neutral
Timeframe : Weekly
Momentum indicator is back over 0
Type : Bullish
Timeframe : 1 hour
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
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 : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 91,257.37 | 92,484.84 | 94,237.73 | 95,889.54 | 96,090.74 | 97,916.21 | 99,125.21 |
| Change (%) | -4.83% | -3.55% | -1.72% | - | +0.21% | +2.11% | +3.37% |
| Change | -4,632.17 | -3,404.70 | -1,651.81 | - | +201.20 | +2,026.67 | +3,235.67 |
| Level | Intermediate | Major | Minor | - | Major | Intermediate | Minor |
Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 90,174.80 | 92,910.62 | 94,721.92 | 97,457.74 | 99,269.04 | 102,004.86 | 103,816.16 |
| Camarilla | 95,282.75 | 95,699.57 | 96,116.39 | 96,533.21 | 96,950.03 | 97,366.85 | 97,783.67 |
| Woodie | 89,712.53 | 92,679.49 | 94,259.65 | 97,226.61 | 98,806.77 | 101,773.73 | 103,353.89 |
| Fibonacci | 92,910.62 | 94,647.62 | 95,720.74 | 97,457.74 | 99,194.74 | 100,267.86 | 102,004.86 |
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 technical indicators and moving averages registered at the time this technical analysis was created:
Technical indicators
Moving averages
| RSI (14): | 42.90 | |
| MACD (12,26,9): | -333.3900 | |
| Directional Movement: | -7.41 | |
| AROON (14): | -14.29 | |
| DEMA (21): | 96,285.79 | |
| Parabolic SAR (0,02-0,02-0,2): | 97,694.23 | |
| Elder Ray (13): | -260.36 | |
| Super Trend (3,10): | 97,841.28 | |
| Zig ZAG (10): | 96,290.73 | |
| VORTEX (21): | 0.9300 | |
| Stochastique (14,3,5): | 20.76 | |
| TEMA (21): | 96,094.55 | |
| Williams %R (14): | -73.70 | |
| Chande Momentum Oscillator (20): | 462.32 | |
| Repulse (5,40,3): | 0.0100 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0400 | |
| Courbe Coppock: | 2.67 |
| MA7: | 97,555.34 | |
| MA20: | 101,290.16 | |
| MA50: | 98,665.88 | |
| MA100: | 95,264.54 | |
| MAexp7: | 96,318.62 | |
| MAexp20: | 96,683.44 | |
| MAexp50: | 97,121.72 | |
| MAexp100: | 97,700.94 | |
| Price / MA7: | -1.71% | |
| Price / MA20: | -5.33% | |
| Price / MA50: | -2.81% | |
| Price / MA100: | +0.66% | |
| Price / MAexp7: | -0.45% | |
| Price / MAexp20: | -0.82% | |
| Price / MAexp50: | -1.27% | |
| Price / MAexp100: | -1.85% |
Quotes :
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Real time data
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CoinMarketCap
This member declared not having a position on this financial instrument or a related financial instrument.
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