The asset looks technically constructive, but the current entry quality is not perfect.
In the current Bull Volatile regime, the best-fit approach is Follow the trend, but tighten risk control. The broader trend is still bullish, but price swings are wider and less forgiving, so the upside bias remains intact while execution and risk control need to be tighter.
Bitcoin Minetrix support and resistance levels highlight key price zones where buyers and sellers are most active. This section helps identify likely breakout areas, pullback support, overhead resistance, and the current trading range so you can evaluate trend continuation, reversal risk, and near-term crypto price direction.
| Level | Zone | Strength |
|---|---|---|
| Support 1 | $0.00008463 - $0.00008821 | |
| Support 2 | $0.00008250 - $0.00008461 | |
| Support 3 | $0.00007905 - $0.00008121 | |
| Support 4 | $0.00007671 - $0.00007882 | |
| Resistance 1 | $0.00009762 - $0.00009973 | |
| Active 1 | $0.00008950 - $0.00009161 |
BTCMTX clears the resistance zone at $0.00009762 - $0.00009973 and holds above it. That would strengthen the breakout case and shift attention to $0.00009762 - $0.00009973.
BTCMTX loses the support zone at $0.00008463 - $0.00008821. That would weaken the setup and open the way toward $0.00008250 - $0.00008461.
BTCMTX continues trading between $0.00008821 and $0.00009762. In that case, range-trading conditions remain active.
Technical indicators help summarize trend, momentum, volatility, and key price levels. They should not be used in isolation, but they can help identify whether a coin is trending, ranging, overextended, or approaching an important support or resistance level.
| Indicator | Value | Signal | Interpretation |
|---|---|---|---|
| SMA50 | $0.00008011 | Bullish | BTCMTX is trading above the 50-day average. |
| SMA200 | $0.00008249 | Bullish | BTCMTX remains above the long-term trend line. |
| EMA50 | $0.00008212 | Bullish | BTCMTX is holding above the 50-day exponential average, which supports the recent trend. |
| EMA200 | $0.00009197 | Bearish | BTCMTX is below the 200-day exponential average, which keeps the longer-term structure under pressure. |
| RSI (14) | 64.27 | Neutral | RSI (14) is at 64.27, which keeps momentum in a balanced range. |
| Stoch RSI (14) | 73.51 | Neutral | Stoch RSI (14) is at 73.51, which suggests momentum is active but not yet extreme. |
| MACD | 0.0₅2073 | Bearish | MACD is below its signal line. |
| ATR | 2.31% | Volatile | Volatility is above its 180-day median. |
| VWMA | $0.00008664 | Bullish | Price is above the volume-weighted average. |
| Commodity Channel Index (20) | 220.59 | Bullish | CCI (20) is strong at 220.59, which shows price is trading well above its recent average. |
| Awesome Oscillator (5, 34) | $0.0₅2183 | Bullish | Awesome Oscillator is above zero at $0.0₅2183, which supports bullish momentum. |
| Williams Percent Range (14) | -13.37 | Overbought | Williams Percent Range (14) is near the top of its recent range at -13.37. |
| Bull Bear Power (13) | $0.0₅3696 | Bullish | Bull Bear Power (13) is positive at $0.0₅3696, which suggests buyers are controlling price relative to the EMA baseline. |
| Ultimate Oscillator (7, 14, 28) | 49.02 | Neutral | Ultimate Oscillator is at 49.02, which suggests momentum is balanced across its short, medium, and long windows. |
| Hull Moving Average (9) | $0.00008872 | Bullish | BTCMTX is trading above the Hull Moving Average (9), which supports the near-term trend. |
| Ichimoku Cloud B/L (9, 26, 52, 26) | $0.00008796 | Bullish | BTCMTX is trading above the Ichimoku base line, which supports bullish structure. |
Over the past 7 days, Bitcoin Minetrix price was most positively correlated with the price of BitTorrent (BTT), Ethereum (ETH), Nexo (NEXO), Gnosis (GNO) and Bitcoin SV (BSV) and most negatively correlated with the price of JUST (JST), APENFT (NFT), Beldex (BDX), Zcash (ZEC) and Pi Network (PI).
| Name | Correlation |
|---|---|
| BitTorrent | 0.938 |
| Ethereum | 0.933 |
| Nexo | 0.931 |
| Gnosis | 0.927 |
| Bitcoin SV | 0.926 |
| Name | Correlation |
|---|---|
| JUST | -0.144 |
| APENFT | -0.122 |
| Beldex | -0.024 |
| Zcash | 0.278 |
| Pi Network | 0.302 |
Bitcoin Minetrix price is positively correlated with the top 10 coins by market cap with a price of 0.710, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.720. Currencies that are positively correlated with Bitcoin Minetrix indicate that the movement of one has a statistically significant weight to lead the other in the same direction. For currencies that are negatively correlated with Bitcoin Minetrix, a move in one direction for Bitcoin Minetrix would translate into a move in the opposite direction for the negatively correlated coin.
