Analysis

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Candle close
Price and energy
BTCUSD from 26,562.69 to 26,518.39, down 0.17%
Market Energy Neutral 3.0% to Neutral -10.1%, down 13.1 pts
Down candle #2 in a row—Price and energy are in agreement
Price and energy change · last 4 candles
Price▼ 0.08%▲ 0.27%▼ 0.09%▼ 0.17%
Energy▼ 2.9▲ 6.8▲ 0.2▼ 13.1
Volatility trend chart · last 4 sessions
▼ 0.08%▲ 0.27%▼ 0.09%▼ 0.17%▼ 2.9▲ 6.8▲ 0.2▼ 13.1
priceenergy▲ up · ▼ down
Volatility · vs history since 2019
Price down 0.17% — higher than 21% of past drops
0%255075100%
Energy down 13.1 pts — higher than 66% of past drops
RESEARCH

Trend of Neutral BTCUSD 4H

Sample: 21,512 4H candles from 2017-01-01 to 2026-10-07
Number of Neutral occurrences: 1,675 times

▸When BTCUSD is in Neutral:

  • then BTCUSD moved to higher Market State: 918 times — 54.8%
  • then BTCUSD moved to lower Market State: 757 times — 45.2%

▸Current BTCUSD market energy: -10.15%

  • Distance to upper bound of Neutral (at 20.88%): 31.03%
  • Distance to lower bound of Neutral (at -20.88%): 10.73%

"A person's history reveals more than you might think" — 2AITRADING

BTCUSD · H4 · 2023-09-17 16:00 UTC
Preview the last 30 candles — price and energy
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Market Energy
3.0%
Neutral
-10.1%
Neutral
4.2%
Neutral
Zone
-20.88 – 20.88
Bias
Balanced
Explanation

Right as the 4H candle closes, BTCUSD noted at the neutral energy zone.

Per the 2AI model, The energy level dropped -13.1%: from 3% now at -10.1%.

Time in Neutral energy zone: 13 4H Candle

2AiTrading Market Energy Model

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.

Market context
Historical perspective

Over the past 5 days, BTCUSD Market Energy ranged from -28 to +73.8.

Knowledge

Concepts referenced in this analysis. Tap to explore each in the Knowledge Hub.

Frequently asked questions

What did BTCUSD price and energy show when this 4H candle closed?

When the 4H candle at 23:00 on 17-09-2023 closed, BTCUSD was at 26,518.39, down 0.17% from the previous candle (26,562.69). Market Energy was -10.1%, down 13.1 points from 3%, 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 4H candle, and how large is that historically?

BTCUSD closed at 26,518.39, down 0.17% from the previous 4H candle (26,562.69). This drop is larger than 21% of past drops on the 4H timeframe for BTCUSD, across 10,325 candles since 2019.

How did BTCUSD Market Energy change from the previous candle?

Market Energy fell 13.1 percentage points from the previous candle — from 3% to -10.1%. This drop is larger than 66% of past drops on the 4H 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 4H candle?

The previous 4H candle had BTCUSD at 3%, Neutral — this candle kept the same state, no zone change.

Where does BTCUSD energy sit within the Neutral zone?

At -10.1%, BTCUSD is 31.03 points from the upper boundary of Neutral (20.88%) and 10.73 points from the lower boundary (-20.88%) — so energy sits closer to the lower 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 Extreme with energy -80.4%; GER40 (European equities) in Bear Bias with energy -54.7%. Against this backdrop, BTCUSD (Neutral, -10.1%) has higher energy 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 Bias with Market Energy 33.5%. BTCUSD energy is currently below DXY by 43.6 points.

Real-time Energy Chart

See the real-time energy chart for BTCUSD.

Open Energy Chart
Related analysis
Methodology

Data computed by 2AiTrading's proprietary Market Energy model. Snapshot captured at candle close. See methodology →

See the full 2AiTrading Model data for BTCUSD on the BTCUSD overview →

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