BITCOIN - BTC/USD
BITCOIN - BTC/USD
2.600 USD (-6.98%)
03/28/2025 - 17:29 Closed Real time data - CoinMarketCap
Open: 2.745
Change: -0.195
Volume: 67
Low: 2.600
High: 2.755
High / Low range: 0.155
Type: Cryptocurrencies
Ticker: BTCUSD
ISIN:

BITCOIN - BTC/USD - 1H - Technical analysis published on 03/23/2025 (GMT)

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  • 03/23/2025 - 15:33
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  • Timeframe : 1H
  • - Analysis generated on 03/23/2025 - 15:33
  • Status : TARGET REACHED

Summary of the analysis

Trends
Short term: Strongly bullish
Underlying: Strongly bullish
Technical indicators
83%
0%
17%
My opinion
Bullish above 84,275.89 USD
My targets
86,499.48 USD (+1.74%)
87,459.73 USD (+2.87%)
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 84,275.89 USD. The buyers' bullish objective is set at 86,499.48 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 87,459.73 USD. If there is any crossing, the next objective would be the resistance located at 92,549.70 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, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
8

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 omar alsatouf. Take part yourself by sharing additional analysis on another time unit:
15 min. Daily Weekly

Additional analysis

Quotes

BITCOIN - BTC/USD rating 85,023.73 USD. On the day, this instrument gained +1.42% with the lowest point at 83,800.16 USD and the highest point at 85,188.35 USD. The deviation from the price is +1.46% for the low point and -0.19% for the high point.

83,800.16
85,188.35
85,023.73

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

Central Gaps

Bullish opening

Type : Bullish

Timeframe : Openning



Here is a more detailed summary of the historical variations registered by BITCOIN - BTC/USD:
Created with Raphaël 2.3.0-75075150January 1st3 years1 year6 months1 month5 daysToday

Technical


Technical analysis of BITCOIN - BTC/USD in 1H shows a strongly overall bullish trend. 85.71% of the signals given by moving averages are bullish. This strongly bullish trend is supported by the strong bullish signals given by short-term moving averages. 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, 15 technical indicators out of 18 analysed are currently bullish. Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : 1 hour


Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

Other results related to technical indicators were also found by the Central Indicators scanner:

Central Indicators

Pivot points : price is over resistance 2 (Daily)

Type : Neutral

Timeframe : 1 hour


Price is back over the pivot point (Daily)

Type : Bullish

Timeframe : Weekly



The analysis of the price chart with Central Patterns scanners does not return any result.

From the Japanese candlestick perspective, the Central Candlesticks scanner notes the presence of these results that could impact the short-term trend:

Central Candlesticks

Bullish harami

Type : Bullish

Timeframe : 1 hour


Bullish harami cross

Type : Bullish

Timeframe : 1 hour


Bearish engulfing lines

Type : Bearish

Timeframe : 1 hour




ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 83,622.38 84,275.89 84,765.96 85,023.73 85,300.96 86,499.48 87,459.73
Change (%) -1.65% -0.88% -0.30% - +0.33% +1.74% +2.87%
Change -1,401.35 -747.84 -257.77 - +277.23 +1,475.75 +2,436.00
Level Intermediate Intermediate Major - Minor Minor 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
Standard82,672.8783,171.2983,503.8784,002.2984,334.8784,833.2985,165.87
Camarilla83,607.9383,684.1083,760.2883,836.4583,912.6383,988.8084,064.98
Woodie82,589.9583,129.8383,420.9583,960.8384,251.9584,791.8385,082.95
Fibonacci83,171.2983,488.7383,684.8584,002.2984,319.7384,515.8584,833.29


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard74,512.0377,826.2280,831.3484,145.5387,150.6590,464.8493,469.96
Camarilla82,098.6482,677.9183,257.1883,836.4584,415.7284,994.9985,574.26
Woodie74,357.4977,748.9580,676.8084,068.2686,996.1190,387.5793,315.42
Fibonacci77,826.2280,240.2081,731.5684,145.5386,559.5188,050.8790,464.84


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard49,862.1864,044.3774,184.9288,367.1198,507.66112,689.85122,830.40
Camarilla77,636.7279,866.3082,095.8984,325.4786,555.0688,784.6491,014.22
Woodie47,841.3663,033.9672,164.1087,356.7096,486.84111,679.44120,809.58
Fibonacci64,044.3773,335.6679,075.8288,367.1197,658.40103,398.56112,689.85

Numerical data


The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:

Technical indicators
Created with Raphaël 2.3.0Buy15
Moving averages
Created with Raphaël 2.3.0Buy24

RSI (14): 67.40
MACD (12,26,9): 191.3100
Directional Movement: 25.93
AROON (14): 92.86
DEMA (21): 84,681.70
Parabolic SAR (0,02-0,02-0,2): 84,406.80
Elder Ray (13): 337.21
Super Trend (3,10): 84,315.36
Zig ZAG (10): 84,896.39
VORTEX (21): 1.1600
Stochastique (14,3,5): 83.70
TEMA (21): 84,855.70
Williams %R (14): -21.71
Chande Momentum Oscillator (20): 708.84
Repulse (5,40,3): 0.1700
ROCnROLL: 1
TRIX (15,9): 0.0200
Courbe Coppock: 1.64
MA7: 84,378.22
MA20: 84,463.15
MA50: 90,459.42
MA100: 94,867.42
MAexp7: 84,760.12
MAexp20: 84,469.82
MAexp50: 84,329.10
MAexp100: 84,223.00
Price / MA7: +0.77%
Price / MA20: +0.66%
Price / MA50: -6.01%
Price / MA100: -10.38%
Price / MAexp7: +0.31%
Price / MAexp20: +0.66%
Price / MAexp50: +0.82%
Price / MAexp100: +0.95%

Quotes : 03/23/2025 - 15:33 - Real time data - CoinMarketCap

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

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