·
| Price | ▼ 0.94% | ▲ 1.60% | ▲ 5.40% | ▲ 1.39% |
| Energy | ▲ 6.6 | ▲ 10.2 | ▲ 48.5 | ▲ 21.7 |
Trend of Bull Bias BTCUSD Weekly
▸When BTCUSD is in Bull Bias:
- then BTCUSD moved to higher Market State: 31 times — 50.8%
- then BTCUSD moved to lower Market State: 30 times — 49.2%
▸Current BTCUSD market energy: 29.6%
- Distance to upper bound of Bull Bias (at 60%): 30.4%
- Distance to lower bound of Bull Bias (at 20.88%): 8.72%
"Let data guide you, but never trust it completely" — 2AITRADING
Following the completion of the Weekly candle, BTCUSD reflects the Bull Bias state.
The BTCUSD market at session end, Market Energy rose +21.7% this candle, currently 29.6% (previous candle 7.9%).
Time in Bull Bias energy zone: 1 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.
Concepts referenced in this analysis. Tap to explore each in the Knowledge Hub.
What did BTCUSD price and energy show when this Weekly candle closed?
When the Weekly candle at 07:00 on 31-10-2022 closed, BTCUSD was at 20,914.74, up 1.39% from the previous candle (20,628.62). Market Energy was 29.6%, up 21.7 points from 7.9%, 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 Weekly candle, and how large is that historically?
BTCUSD closed at 20,914.74, up 1.39% from the previous Weekly candle (20,628.62). This rise is larger than 10% of past rises on the Weekly timeframe for BTCUSD, across 200 candles since 2019.
How did BTCUSD Market Energy change from the previous candle?
Market Energy rose 21.7 percentage points from the previous candle — from 7.9% to 29.6%. This rise is larger than 81% of past rises on the Weekly timeframe for BTCUSD.
Do BTCUSD price and energy agree?
Yes. Both price and energy moved up on this candle. This describes a closed candle, not a forecast of where price goes next.
What state was BTCUSD in on the previous Weekly candle?
The previous Weekly candle had BTCUSD at 7.9%, Neutral — when this candle closed, BTCUSD moved up to a higher zone: Neutral → Bull Bias.
Where does BTCUSD energy sit within the Bull Bias zone?
At 29.6%, BTCUSD is 30.4 points from the upper boundary of Bull Bias (60%) and 8.72 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 Neutral with energy 18.3%; GER40 (European equities) in Bull Bias with energy 57.9%. Against this backdrop, BTCUSD (Bull Bias, 29.6%) 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 Neutral with Market Energy 19.8%. BTCUSD energy is currently above DXY by 9.8 points.
See the real-time energy chart for BTCUSD.
Open Energy ChartSee the full 2AiTrading Model data for BTCUSD on the BTCUSD overview →
To jump to a symbol you're interested in, click .