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| Price | ▼ 0.27% | ▼ 0.13% | ▲ 0.33% | ▼ 0.26% |
| Energy | ▼ 16.8 | ▼ 23.8 | ▲ 7.0 | ▼ 8.6 |
Trend of Neutral BTCUSD 1H
▸When BTCUSD is in Neutral:
- then BTCUSD moved to higher Market State: 5,013 times — 53.4%
- then BTCUSD moved to lower Market State: 4,375 times — 46.6%
▸Current BTCUSD market energy: 16.59%
- Distance to upper bound of Neutral (at 20.88%): 4.29%
- Distance to lower bound of Neutral (at -20.88%): 37.47%
"A person's history reveals more than you might think" — 2AITRADING
With the 1H candle just closed, BTCUSD within trend energy in a balanced state.
Per the 2AiTrading energy measurement system, Market trend energy recorded a -8.6% drop from the previous candle, from 25.2% to 16.6%.
Time in Neutral energy zone: 1 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 -92 to +98.4.
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 13:00 on 16-10-2024 closed, BTCUSD was at 67,034.97, down 0.26% from the previous candle (67,211.64). Market Energy was 16.6%, down 8.6 points from 25.2%, in the Neutral state — the market is neutral. The Neutral zone spans -20.88% to 20.88%.
How much did BTCUSD price move on this 1H candle, and how large is that historically?
BTCUSD closed at 67,034.97, down 0.26% from the previous 1H candle (67,211.64). This drop is larger than 52% of past drops on the 1H timeframe for BTCUSD, across 50,756 candles since 2019.
How did BTCUSD Market Energy change from the previous candle?
Market Energy fell 8.6 percentage points from the previous candle — from 25.2% to 16.6%. This drop is larger than 41% of past drops on the 1H timeframe for BTCUSD.
Do BTCUSD price and energy agree?
Yes. Both price and energy moved down on this candle. This describes a closed candle, not a forecast of where price goes next.
What state was BTCUSD in on the previous 1H candle?
The previous 1H candle had BTCUSD at 25.2%, Bull Bias — when this candle closed, BTCUSD moved down to a lower zone: Bull Bias → Neutral.
Where does BTCUSD energy sit within the Neutral zone?
At 16.6%, BTCUSD is 4.29 points from the upper boundary of Neutral (20.88%) and 37.47 points from the lower boundary (-20.88%) — so energy sits closer to the upper boundary at candle close.
What does Neutral mean?
Neutral is one of 7 Market States in 2AiTrading's Market Energy model, applied consistently across every asset class, market and timeframe.
See the full Neutral 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 -51.6%; GER40 (European equities) in Neutral with energy -11.5%. Against this backdrop, BTCUSD (Neutral, 16.6%) has higher energy than SPX500; sits in the same state zone as 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 89.9%. BTCUSD energy is currently below DXY by 73.3 points.
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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