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| Price | ▲ 9.97% | ▲ 7.25% | ▲ 4.82% | ▼ 0.99% |
| Energy | ▲ 33.4 | ▲ 18.5 | ▲ 3.8 | ▼ 4.9 |
Trend of Bull Extreme BTCUSD Weekly
▸When BTCUSD is in Bull Extreme:
- then BTCUSD moved to higher Market State: 0 times — 0%
- then BTCUSD moved to lower Market State: 38 times — 100%
▸Current BTCUSD market energy: 82.61%
- Distance to peak 100%: 17.39%
- Distance to lower bound of Bull Extreme (at 74.5%): 8.11%
"Does history really repeat itself?" — 2AITRADING
Bull Extreme recorded from just-completed Weekly candle data for BTCUSD.
Looking at the Market Energy reading, Market Energy dropped -4.9% from the previous candle, from 87.5% to 82.6%.
Time in Bull Extreme energy zone: 3 Weekly 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.
Not enough data in the past 5 days to show a range.
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What did BTCUSD price and energy show when this Weekly candle closed?
When the Weekly candle at 07:00 on 23-08-2021 closed, BTCUSD was at 48,800.07, down 0.99% from the previous candle (49,288.9). Market Energy was 82.6%, down 4.9 points from 87.5%, in the Bull Extreme state — controlled by buyers. The Bull Extreme zone spans 74.5% to 100%.
How much did BTCUSD price move on this Weekly candle, and how large is that historically?
BTCUSD closed at 48,800.07, down 0.99% from the previous Weekly candle (49,288.9). This drop is larger than 20% of past drops on the Weekly timeframe for BTCUSD, across 138 candles since 2019.
How did BTCUSD Market Energy change from the previous candle?
Market Energy fell 4.9 percentage points from the previous candle — from 87.5% to 82.6%. This drop is larger than 32% of past drops on the Weekly timeframe for BTCUSD.
Do BTCUSD price and energy agree?
Yes. Both price and energy moved down on this candle. This describes the candle that just closed; it does not say where price goes next.
What state was BTCUSD in on the previous Weekly candle?
The previous Weekly candle had BTCUSD at 87.5%, Bull Extreme — this candle kept the same state, no zone change.
Where does BTCUSD energy sit within the Bull Extreme zone?
At 82.6%, BTCUSD is 17.39 points from the upper boundary of Bull Extreme (100%) and 8.11 points from the lower boundary (74.5%) — so energy sits closer to the lower boundary at candle close.
What does Bull Extreme mean?
Bull 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 Bull 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 Bull Extreme with energy 79.1%; GER40 (European equities) in Bull Extreme with energy 96%. Against this backdrop, BTCUSD (Bull Extreme, 82.6%) sits in the same state zone as 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 Bear Critical with Market Energy -71.2%. BTCUSD (Bull 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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