BITWISE CORE BITCOIN ETP (BTC1.PA) Stock Technical Analysis
EPA:BTC1 - Euronext Paris - Matif - DE000A4AER62 - ETF - Currency: EUR
We assign a technical rating of 4 out of 10 to BTC1. In the last year, BTC1 was a below average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
BTC1 has an average technical rating and it also does not offer a high 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
When analyzing the support we notice one important area.
- Support @9.05 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 10.13 to 10.29. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
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. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of BTC1.PA is above the rising SMA(20). |
| Relative Strength Index/RSI (14) | 55.04 | NEUTRAL | The RSI value for BTC1.PA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.23 | NEGATIVE | The MACD value suggests BTC1.PA has a negative trend. |
| Stochastics (14,3) | 80.86 | OVERBOUGHT | The high Stochastics value suggests BTC1.PA may be overbought. |
| Average True Range in percent/ATR (20) | 2.25 | MEDIUM VOLATILITY | The ATR as a percentage value for BTC1.PA suggests some volalility. |
| Average Directional Index/ADX (14) | 15.93 | NEGATIVE | The low ADX value for BTC1.PA suggests a weak or negative trend. |
EPA:BTC1 (8/1/2025, 7:00:00 PM)
9.9126
-0.38 (-3.68%)