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| Price | ▲ 0.50% | ▼ 1.47% | ▲ 0.25% | ▼ 0.52% |
| Energy | ▲ 13.7 | ▼ 12.0 | ▼ 11.2 | ▼ 5.9 |
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: 57.94%
- Distance to upper bound of Bull Bias (at 60%): 2.06%
- Distance to lower bound of Bull Bias (at 20.88%): 37.06%
"A person's history reveals more than you might think" — 2AITRADING
Once measurement on the Weekly timeframe completes, BTCUSD within the Bull Bias zone.
The energy side shows Market Energy dropped -5.9% this candle, currently 57.9% (previous candle 63.8%).
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 17-07-2023 closed, BTCUSD was at 30,092.75, down 0.52% from the previous candle (30,250.49). Market Energy was 57.9%, down 5.9 points from 63.8%, 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 30,092.75, down 0.52% from the previous Weekly candle (30,250.49). This drop is larger than 8% of past drops on the Weekly timeframe for BTCUSD, across 237 candles since 2019.
How did BTCUSD Market Energy change from the previous candle?
Market Energy fell 5.9 percentage points from the previous candle — from 63.8% to 57.9%. This drop is larger than 29% 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 63.8%, Bull Critical — when this candle closed, BTCUSD moved down to a lower zone: Bull Critical → Bull Bias.
Where does BTCUSD energy sit within the Bull Bias zone?
At 57.9%, BTCUSD is 2.06 points from the upper boundary of Bull Bias (60%) and 37.06 points from the lower boundary (20.88%) — so energy sits closer to the upper 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 Bear Bias with energy -56.8%; GER40 (European equities) in Bear Extreme with energy -84.8%. Against this backdrop, BTCUSD (Bull Bias, 57.9%) 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 Neutral with Market Energy -12.4%. BTCUSD energy is currently above DXY by 70.4 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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