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| Price | ▼ 0.80% | ▲ 0.81% | ▼ 10.56% | ▼ 0.38% |
| Energy | ▼ 19.1 | ▼ 4.7 | ▼ 77.1 | ▼ 17.2 |
Trend of Bear Extreme BTCUSD Weekly
▸When BTCUSD is in Bear Extreme:
- then BTCUSD moved to higher Market State: 19 times — 100%
- then BTCUSD moved to lower Market State: 0 times — 0%
▸Current BTCUSD market energy: -75.61%
- Distance to upper bound of Bear Extreme (at -74.5%): 1.11%
- Distance to bottom -100%: 24.39%
"Why does archaeology matter?" — 2AITRADING
As the Weekly session concludes, BTCUSD classified as the Bear Extreme measurement.
On the energy side, The energy level dropped -17.2%: from -58.5% now at -75.6%.
Time in Bear Extreme 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.
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What did BTCUSD price and energy show when this Weekly candle closed?
When the Weekly candle at 07:00 on 21-08-2023 closed, BTCUSD was at 26,097.39, down 0.38% from the previous candle (26,196.16). Market Energy was -75.6%, down 17.2 points from -58.5%, in the Bear Extreme state — controlled by sellers. The Bear Extreme zone spans -100% to -74.5%.
How much did BTCUSD price move on this Weekly candle, and how large is that historically?
BTCUSD closed at 26,097.39, down 0.38% from the previous Weekly candle (26,196.16). This drop is larger than 5% of past drops on the Weekly timeframe for BTCUSD, across 242 candles since 2019.
How did BTCUSD Market Energy change from the previous candle?
Market Energy fell 17.2 percentage points from the previous candle — from -58.5% to -75.6%. This drop is larger than 71% of past drops on the Weekly timeframe for BTCUSD.
Do BTCUSD price and energy agree?
Yes. This candle recorded price moving down in the same direction as energy. 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 -58.5%, Bear Bias — when this candle closed, BTCUSD moved down to a lower zone: Bear Bias → Bear Extreme.
Where does BTCUSD energy sit within the Bear Extreme zone?
At -75.6%, BTCUSD is 1.11 points from the upper boundary of Bear Extreme (-74.5%) and 24.39 points from the lower boundary (-100%) — so energy sits closer to the upper boundary at candle close.
What does Bear Extreme mean?
Bear 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 Bear 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 Bias with energy 48.3%; GER40 (European equities) in Bull Bias with energy 57.4%. Against this backdrop, BTCUSD (Bear Extreme, -75.6%) lower 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 Bear Bias with Market Energy -33.7%. BTCUSD (Bear Extreme) and DXY currently sit on the same Bear side.
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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