Dotbee.ai

Analysis of BTC/USD for 15min

2/3/2025

Analysis of BTC/USD for 15min

Analysis of BTC/USD

Based on the provided data for the BTC/USD pair on February 3rd, 2025, we can observe the following:

1. **Price Movement**: The price of Bitcoin against the US Dollar has been fluctuating within a range. The closing prices have varied between approximately $94,025 and $97,687.

2. **Technical Indicators**:
- **RSI Indicator**: The Relative Strength Index (RSI) values have been fluctuating between 28.51 and 49.82, indicating some volatility in the market.
- **MACD Indicator**: The Moving Average Convergence Divergence (MACD) values have been negative, suggesting a bearish trend in the market.
- **Moving Averages**: The Simple Moving Average (SMA), Exponential Moving Average (EMA), and Weighted Moving Average (WMA) have been relatively close to each other, indicating a stable trend.

3. **Price Trends**:
- The price has been mostly decreasing slightly, with some fluctuations, as indicated by the negative MACD values.
- The RSI values suggest that the market might be slightly oversold at times.

4. **Overall Analysis**:
- The market seems to be in a slightly bearish phase with some volatility.
- Traders might consider waiting for more confirmation of a trend before making significant trading decisions.
- Monitoring the RSI and MACD values can provide further insights into potential market movements.

This analysis provides a snapshot of the BTC/USD pair's performance on February 3rd, 2025, based on the provided data.

MACD of BTC/USD

This is not investment advice. Remember to verify the information provided here.

Get access to the full analysis

  • Over 35 000 indexes
  • CFD, Forex, Crypto and Stocks Exchange
  • Over 150 Indicators
  • Pattern and candle analysis
  • Support and resistance levels
  • Fundamental, technical and sentimental analysis
  • Power from AI
Web versionApp StoreGoogle Play

Contacts

Telephone number

+48 32 700 81 66

Email address

[email protected]

Company information

Honey Payment Group S.A. at Al. Aleje Jerozolimskie 65 / 79, 00-697 Warsaw, Poland, Register number KRS 0000335507, NIP 5252859204, REGON 388760204. Honey Payment Group is listed on the Warsaw Stock Exchange (WSE) under the ticker symbol HPG. Link