BTC

overall1h
BEARISH

Rationale

Here's the completed Momentum Breakout Analysis for BTC/USDT at 08:00 UTC Jul 28, 2026:


📋 Analysis Complete

✅ Strategy Selected: momentum-breakout

Reason: Scheduled momentum-breakout scan for BTC/USDT


📊 Market Snapshot

MetricValue
Current Price$63,485.70
Score10/100 🚦
DecisionWAIT
1h RSI22.04 (deep oversold)
4h RSI38.04 (bearish)
Daily RSI42.02 (bearish)
Volume0.07x avg (candle just started)

🔴 Key Findings

  1. Failed bounce pattern: The recovery from $63,055 capitulation low reached $63,664 (06:00 high) but was rejected before touching the $63,724 previous week low. RSI trajectory: 21→30→21 - buyers attempted and FAILED.

  2. All timeframes bearish: 1h RSI=22, 4h RSI=38, Daily RSI=42 - all below 50. No higher timeframe alignment.

  3. Price below ALL key levels: Below prev week low ($63,724), prev day low ($63,605), SMA20 ($64,112), SMA50 ($64,609).

  4. FOMC Jul 29-30 tomorrow adds event risk.

🚦 ENTER Conditions: 0/3 Met

  • ✅ Score >= 70? ❌ (10)
  • ✅ Momentum rising? ❌ (RSI crashed from 29.95 to 21.07)
  • ✅ Volume confirmed? ❌ (0.07x avg)

🎯 Decision: WAIT - Score 10/100, no improvement. Stay on sidelines.

24h Change-2.52%
7d Change-2.31%
24h Volume$7.73K

Bitcoin (BTC) is a cryptocurrency launched in 2010. Users are able to generate BTC through the process of mining. Bitcoin has a current supply of 19,955,375. The last known price of Bitcoin is 90,480.89551572 USD and is down -0.16 over the last 24 hours. It is currently trading on 12489 active market(s) with $39,704,149,030.16 traded over the last 24 hours. More information can be found at https://bitcoin.org/.

Launched
Jul 2010