BITWISE CORE BITCOIN ETP (BTC1.PA) Stock Technical Analysis
EPA:BTC1 - Euronext Paris - Matif - DE000A4AER62 - ETF - Currency: EUR
We assign a technical rating of 3 out of 10 to BTC1. In the last year, BTC1 was among the worst performers in the market. Also the short term picture is negative, the medium term is unclear at the moment.
The technical rating of BTC1 is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
8.96
We found 1 important support area.
- A support zone ranging from 9.05 to 9.05. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- Resistance @9.53 from a horizontal line in the daily time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for BTC1.PA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for BTC1.PA is up. |
| ChartMill Relative Strength | 0 | NEGATIVE | BTC1.PA has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Relative Strength Index/RSI (14) | 41.92 | NEUTRAL | The RSI value for BTC1.PA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.11 | NEGATIVE | The MACD value suggests BTC1.PA has a negative trend. |
| Stochastics (14,3) | 15.38 | OVERSOLD | The low Stochastics value suggests BTC1.PA may be oversold. |
| Average Directional Index/ADX (14) | 16 | NEGATIVE | The low ADX value for BTC1.PA suggests a weak or negative trend. |
EPA:BTC1 (6/18/2025, 7:00:00 PM)
9.0603
-0.19 (-2.07%)