Market Overview for SPACE ID/Bitcoin (IDBTC)

Thursday, Dec 11, 2025 3:17 am ET1min read
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- IDBTC traded in a tight range near 8.2e-07 to 8.4e-07 with low volume, showing weak momentum.

- A bearish breakout below 8.3e-07 triggered selling, while brief volume spikes failed to confirm bullish intent.

- RSI and MACD indicated weak momentum, with Bollinger Bands tightening, suggesting potential volatility ahead.

- Key Fibonacci levels at 8.27e-07 and 8.12e-07 may be retested, with a break below 8.05e-07 risking further declines.

Summary
• Price action remained flat near 8.2e-07 to 8.4e-07 on low volume.
• A bearish breakout below 8.3e-07 at 22:00 ET triggered follow-through selling.
• Volume surged briefly at 00:00 and 03:45 ET but failed to confirm bullish intent.
• RSI and MACD showed weak momentum, suggesting potential consolidation.
• Bollinger Bands tightened mid-day, indicating possible volatility build-up.

At 12:00 ET on 2025-12-11, SPACE ID/Bitcoin (IDBTC) opened at 8.4e-07, reached a high of 8.4e-07, and closed at 8.1e-07 after trading as low as 8.1e-07. Total volume for the 24-hour window was 188,891.0, with a notional turnover of 8.2e-07 to 8.4e-07.

Structure & Formations


Price action remained compressed in a tight range between 8.1e-07 and 8.4e-07, with a failed bullish breakout attempt around 00:00 ET.
A bearish engulfing pattern formed at 22:00 ET, confirming a short-term breakdown below 8.3e-07. A doji near 00:45 ET suggested indecision among buyers.

Moving Averages


On the 5-minute chart, the 20-period MA hovered slightly above the 50-period MA, indicating weak bullish bias. Daily averages are not applicable due to limited data, but the 5-minute averages suggest price could test lower support near 8.0e-07.

Momentum and Volatility


The RSI fell into oversold territory in the late hours, with a reading near 25, hinting at potential short-term bounces. MACD showed weak bearish momentum with no clear divergence. Bollinger Bands tightened mid-day before expanding again, suggesting possible volatility increase ahead.

Volume and Turnover


Volume was exceptionally low throughout the session except for brief spikes at 00:00 ET and 03:45 ET, which failed to confirm bullish intent. Total turnover remained muted, and no clear price-volume divergence was observed.

Fibonacci Retracements


On the 5-minute chart, key levels include 8.27e-07 (38.2%) and 8.12e-07 (61.8%) as possible retests for buyers. A break below 8.05e-07 could trigger further downside.

Looking ahead, the next 24 hours may see a test of the 8.05e-07 level or a bounce toward 8.2e-07. Investors should be cautious as weak momentum and low volume suggest a period of consolidation could persist.