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| Price | ▼ 0.59% | ▼ 1.27% | ▲ 0.21% | ▼ 0.04% |
| Energy | ▼ 48.6 | ▼ 122.6 | ▲ 4.1 | ▲ 10.5 |
Trend of Bear Extreme BTCUSD 1H
▸When BTCUSD is in Bear Extreme:
- then BTCUSD moved to higher Market State: 2,711 times — 100%
- then BTCUSD moved to lower Market State: 0 times — 0%
▸Current BTCUSD market energy: -75.98%
- Distance to upper bound of Bear Extreme (at -74.5%): 1.48%
- Distance to bottom -100%: 24.02%
"Let data guide you, but never trust it completely" — 2AITRADING
As the 1H candle closes, BTCUSD within the Bear Extreme energy zone.
Market trend on the 2AiTrading energy system Compared to the previous candle (-86.5%), Market Energy rose +10.5% to -76%.
Time in Bear Extreme energy zone: 3 1H Candle
Traders using any methodology can reference Market Energy on 2AiTrading to consider adjustments to their strategy — including stoploss, takeprofit, or position sizing — depending on the situation.
Over the past 5 days, BTCUSD Market Energy ranged from -93.5 to +92.4.
Concepts referenced in this analysis. Tap to explore each in the Knowledge Hub.
What did BTCUSD price and energy show when this 1H candle closed?
When the 1H candle at 00:00 on 06-02-2024 closed, BTCUSD was at 42,667.7, down 0.04% from the previous candle (42,684.7). Market Energy was -76%, up 10.5 points from -86.5%, in the Bear Extreme state — controlled by sellers. The Bear Extreme zone spans -100% to -74.5%.
How much did BTCUSD price move on this 1H candle, and how large is that historically?
BTCUSD closed at 42,667.7, down 0.04% from the previous 1H candle (42,684.7). This drop is larger than 9% of past drops on the 1H timeframe for BTCUSD, across 44,671 candles since 2019.
How did BTCUSD Market Energy change from the previous candle?
Market Energy rose 10.5 percentage points from the previous candle — from -86.5% to -76%. This rise is larger than 46% of past rises on the 1H timeframe for BTCUSD.
Do BTCUSD price and energy agree?
No. This candle recorded a price decline with energy moving the other way. This describes the candle that just closed; it does not say where price goes next.
What state was BTCUSD in on the previous 1H candle?
The previous 1H candle had BTCUSD at -86.5%, Bear Extreme — this candle kept the same state, no zone change.
Where does BTCUSD energy sit within the Bear Extreme zone?
At -76%, BTCUSD is 1.48 points from the upper boundary of Bear Extreme (-74.5%) and 24.02 points from the lower boundary (-100%) — so energy sits closer to the upper boundary at candle close.
What does Bear Extreme mean?
Bear Extreme is one of 7 Market States in 2AiTrading's Market Energy model, applied consistently across every asset class, market and timeframe.
See the full Bear Extreme definition →How are the broader market indices trending?
Based on each index's latest completed H1 candle as of this candle close: SPX500 (US equities) in Bear Bias with energy -39.1%; GER40 (European equities) in Neutral with energy 11.5%. Against this backdrop, BTCUSD (Bear Extreme, -76%) lower than SPX500, GER40.
How is the US Dollar Index (DXY) trending?
Based on the latest completed H1 candle as of this candle close, the US Dollar Index (DXY) was in Bull Extreme with Market Energy 85.4%. BTCUSD (Bear Extreme) and DXY currently sit on opposite sides.
See the real-time energy chart for BTCUSD.
Open Energy ChartSee the full 2AiTrading Model data for BTCUSD on the BTCUSD overview →
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