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| Price | ▲ 0.98% | ▼ 0.84% | ▲ 0.23% | ▼ 0.23% |
| Energy | ▲ 16.2 | ▼ 14.1 | ▼ 8.4 | ▼ 11.4 |
Trend of Bull Bias BTCUSD 4H
▸When BTCUSD is in Bull Bias:
- then BTCUSD moved to higher Market State: 729 times — 42.3%
- then BTCUSD moved to lower Market State: 996 times — 57.7%
▸Current BTCUSD market energy: 32.33%
- Distance to upper bound of Bull Bias (at 60%): 27.67%
- Distance to lower bound of Bull Bias (at 20.88%): 11.45%
"If history reveals a pattern, remember — nothing is ever absolutely 100%" — 2AITRADING
Observing the completed 4H candle, BTCUSD recorded in Bull Bias.
Per the 2AiTrading energy measurement system, Market trend energy recorded a -11.4% drop from the previous candle, from 43.7% to 32.3%.
Time in Bull Bias energy zone: 3 4H 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 -93.1 to +99.9.
Concepts referenced in this analysis. Tap to explore each in the Knowledge Hub.
What did BTCUSD price and energy show when this 4H candle closed?
When the 4H candle at 07:00 on 06-05-2024 closed, BTCUSD was at 63,923.26, down 0.23% from the previous candle (64,072.99). Market Energy was 32.3%, down 11.4 points from 43.7%, 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 4H candle, and how large is that historically?
BTCUSD closed at 63,923.26, down 0.23% from the previous 4H candle (64,072.99). This drop is larger than 28% of past drops on the 4H timeframe for BTCUSD, across 11,713 candles since 2019.
How did BTCUSD Market Energy change from the previous candle?
Market Energy fell 11.4 percentage points from the previous candle — from 43.7% to 32.3%. This drop is larger than 61% 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 43.7%, Bull Bias — this candle kept the same state, no zone change.
Where does BTCUSD energy sit within the Bull Bias zone?
At 32.3%, BTCUSD is 27.67 points from the upper boundary of Bull Bias (60%) and 11.45 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 Critical with energy 71.5%; GER40 (European equities) in Neutral with energy 11.2%. Against this backdrop, BTCUSD (Bull Bias, 32.3%) has higher energy than GER40; lower than 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 Neutral with Market Energy -8.6%. BTCUSD energy is currently above DXY by 40.9 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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