BITCOIN - BTC/USD - 1H - Technical analysis published on 02/08/2025 (GMT)
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I am pleased to note that the threshold for invalidation has been maintained for 20 Candlesticks.
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- Timeframe : 1H
- - Analysis generated on
- Status : LEVEL MAINTAINED
Summary of the analysis
Trends
Short term:
Neutral
Underlying:
Bearish
Technical indicators
50%
6%
44%
My opinion
Bearish under 97,916.21 USD
My targets
94,237.73 USD (-2.46%)
92,484.84 USD (-4.28%)
My analysis
We are currently in a phase of short-term indecision. In a case like this, you could favour trades in the direction of the basic trend on BITCOIN - BTC/USD. As long as you are under the resistance located at 97,916.21 USD, traders with an aggressive trading strategy could consider a sale. A cross of the support located at 94,237.73 USD would be a signal of a reversal in the basic trend and the short-term trend could then quickly become bearish. Sellers would then use the next support located at 92,484.84 USD as an objective. Crossing it would then enable sellers to target 91,257.37 USD. If the resistance 97,916.21 USD were to be broken, this would simply be a sign of possible further short-term consolidation and trading against this trend would then perhaps be more risky.
Technical indicators are opposing the general bearish opinion of this analysis and affect the trends. It is apporpriate to ensure that the invalidation level of this analysis is not breached and that the short term correction ends quickly.
Force
0
10
1.8
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This analysis was given by nemmanuel. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The BITCOIN - BTC/USD rating is 96,616.95 USD. On the day, this instrument gained +0.09% and was between 95,688.40 USD and 96,905.64 USD. This implies that the price is at +0.97% from its lowest and at -0.30% from its highest.95,688.40
96,905.64
96,616.95
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 bearish trend. The signals given by moving averages are 75.00% bearish. This bearish trend could slow down given the neutral signals currently being given by short-term moving averages. The Central Indicators scanner detects a bearish signal on moving averages that could impact this trend:
Bearish trend reversal : Moving Average 50
Type : Bearish
Timeframe : 1 hour
In fact, according to the parameters integrated into the Central Analyzer system, only 9 technical indicators out of 18 analysed are currently bullish. The Central Indicators scanner found no further results concerning independent technical indicators.
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
The presence of these bullish Japanese candlestick patterns detected by Central Candlesticks that could cause a very short term rebound were also noted:
Bullish harami
Type : Bullish
Timeframe : 1 hour
Bullish harami cross
Type : Bullish
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 92,484.84 | 94,237.73 | 96,090.74 | 96,616.95 | 97,916.21 | 99,125.21 | 101,455.93 |
| Change (%) | -4.28% | -2.46% | -0.54% | - | +1.34% | +2.60% | +5.01% |
| Change | -4,132.11 | -2,379.22 | -526.21 | - | +1,299.26 | +2,508.26 | +4,838.98 |
| Level | Major | Minor | Major | - | Intermediate | Minor | Major |
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): | 50.02 | |
| MACD (12,26,9): | -77.8700 | |
| Directional Movement: | 4.49 | |
| AROON (14): | 28.57 | |
| DEMA (21): | 96,261.77 | |
| Parabolic SAR (0,02-0,02-0,2): | 95,733.19 | |
| Elder Ray (13): | 96.84 | |
| Super Trend (3,10): | 97,339.87 | |
| Zig ZAG (10): | 96,486.42 | |
| VORTEX (21): | 1.0000 | |
| Stochastique (14,3,5): | 76.64 | |
| TEMA (21): | 96,394.71 | |
| Williams %R (14): | -24.99 | |
| Chande Momentum Oscillator (20): | 371.98 | |
| Repulse (5,40,3): | 0.0200 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | -0.0300 | |
| Courbe Coppock: | 0.60 |
| MA7: | 97,594.69 | |
| MA20: | 101,304.02 | |
| MA50: | 98,671.09 | |
| MA100: | 95,267.22 | |
| MAexp7: | 96,457.16 | |
| MAexp20: | 96,420.15 | |
| MAexp50: | 96,748.36 | |
| MAexp100: | 97,357.54 | |
| Price / MA7: | -1.00% | |
| Price / MA20: | -4.63% | |
| Price / MA50: | -2.08% | |
| Price / MA100: | +1.42% | |
| Price / MAexp7: | +0.17% | |
| Price / MAexp20: | +0.20% | |
| Price / MAexp50: | -0.14% | |
| Price / MAexp100: | -0.76% |
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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I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
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