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| Price | ▼ 0.45% | ▲ 1.34% | ▼ 0.16% | ▼ 0.26% |
| Energy | ▲ 0.1 | ▲ 58.8 | ▲ 1.7 | ▼ 14.2 |
Trend of Bull Bias BTCUSD 1H
▸When BTCUSD is in Bull Bias:
- then BTCUSD moved to higher Market State: 3,354 times — 38.3%
- then BTCUSD moved to lower Market State: 5,404 times — 61.7%
▸Current BTCUSD market energy: 24.29%
- Distance to upper bound of Bull Bias (at 60%): 35.71%
- Distance to lower bound of Bull Bias (at 20.88%): 3.41%
"To truly understand anything, study its history" — 2AITRADING
Trend energy leaning Bull is the result just recorded for BTCUSD after the 1H candle closed.
On the measurement side, Market Energy moved from 38.5% to 24.3%, down -14.2% from the previous candle.
Time in Bull Bias 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 -100 to +84.8.
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 03-10-2024 closed, BTCUSD was at 61,617.6, down 0.26% from the previous candle (61,779.22). Market Energy was 24.3%, down 14.2 points from 38.5%, in the Bull Bias state — controlled by buyers. The Bull Bias zone spans 20.88% to 60%.
How much did BTCUSD price move on this 1H candle, and how large is that historically?
BTCUSD closed at 61,617.6, down 0.26% from the previous 1H candle (61,779.22). This drop is larger than 52% of past drops on the 1H timeframe for BTCUSD, across 50,431 candles since 2019.
How did BTCUSD Market Energy change from the previous candle?
Market Energy fell 14.2 percentage points from the previous candle — from 38.5% to 24.3%. This drop is larger than 59% of past drops on the 1H timeframe for BTCUSD.
Do BTCUSD price and energy agree?
Yes. On this candle price fell and energy fell — both moved the same 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 38.5%, Bull Bias — this candle kept the same state, no zone change.
Where does BTCUSD energy sit within the Bull Bias zone?
At 24.3%, BTCUSD is 35.71 points from the upper boundary of Bull Bias (60%) and 3.41 points from the lower boundary (20.88%) — so energy sits closer to the lower boundary at candle close.
What does Bull Bias mean?
Bull Bias is one of 7 Market States in 2AiTrading's Market Energy model, applied consistently across every asset class, market and timeframe.
See the full Bull Bias 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 Bull Bias with energy 36.5%; GER40 (European equities) in Neutral with energy 18.9%. Against this backdrop, BTCUSD (Bull Bias, 24.3%) has higher energy than GER40; sits in the same state zone as SPX500.
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 78.3%. BTCUSD (Bull Bias) and DXY currently sit on the same Bull side.
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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