Market Overview for SPACE ID/Bitcoin (IDBTC) – October 13, 2025

• IDBTC tested 1.05e-06 as a key resistance but failed to break above, closing near the 1.03e-06 level.
• Volume surged during the 0745–0830 ET window but subsided afterward, indicating short-term accumulation.
• RSI suggests moderate overbought conditions in the 70–75 range, but divergence with price suggests weakening momentum.
• Bollinger Bands show narrow consolidation, with the price hovering near the midline, signaling indecision.
• A 1.02e-06 support level appears solid, with no significant break below it for most of the day.

At 12:00 ET−1 on October 12, 2025, IDBTC opened at 1.01e-06 and reached a high of 1.06e-06 during the 151500 candle, before settling at 1.03e-06 by 12:00 ET on October 13. The 24-hour trading volume totaled approximately 77,000.0 units, with a notional turnover of roughly 79.0 BTC. The price remains range-bound, with 1.03e-06 acting as both a key resistance and support in the short term.

Structure & Formations

IDBTC exhibited a series of bullish and bearish harami patterns throughout the session, particularly during the 221500–224500 and 074500–081500 periods. These formations indicate indecision and potential for breakout attempts. The 1.03e-06 level appears to be a key psychological threshold, with the price failing to close above it during most of the session. A small doji at 094500 ET further highlights this hesitation and consolidation.

Moving Averages

On the 15-minute chart, the 20-EMA crossed above the 50-EMA early in the session but failed to sustain the bullish signal. On the daily timeframe, the 50-EMA remains above the 200-EMA, maintaining a neutral to slightly bullish bias. The price is currently trading below the 50-EMA, suggesting that a move above 1.04e-06 could trigger a retest of the 50-EMA for potential support-to-resistance conversion.

MACD & RSI

The MACD showed a weak bullish crossover during the 074500–083000 window, which coincided with increased volume but failed to produce a follow-through in price. RSI peaked near 72–74, indicating overbought territory but without a strong follow-through in momentum. A bearish divergence appeared at 114500 ET, suggesting that the rally may not be sustainable. The RSI is currently hovering around 58–60, indicating a return to neutral territory and a potential for a rebound if volume picks up.

Bollinger Bands

Bollinger Bands remain relatively narrow throughout the session, indicating a period of consolidation. The price has spent a significant portion of the 24 hours within the midband range, suggesting a lack of volatility and directional bias. A break above the upper band at 1.05e-06 would be required to signal a shift in momentum, while a drop below the lower band would confirm bearish continuation.

Volume & Turnover

Volume spiked during the 074500–083000 and 221500–230000 periods, suggesting attempts at accumulation. However, the price did not move decisively following these spikes, indicating that buying pressure was met with selling interest. The largest single-volume candle occurred at 200000 ET with 9615.0 units, yet it failed to push the price higher, signaling a potential resistance cluster in that range.

Fibonacci Retracements

Applying Fibonacci retracements to the 1.01e-06 to 1.06e-06 swing, the 38.2% retracement is at 1.045e-06 and the 61.8% at 1.035e-06. The price has tested both levels, with 1.035e-06 acting as a strong support during the 223000–233000 window. A break below 1.02e-06 could bring in the 61.8% Fibonacci extension level at 1.005e-06 as a new target, though such a move is currently unlikely without a sharp drop in volume and sentiment.

Backtest Hypothesis

To run a robust back-test I’ll need a bit more detail:1. Which stock or ETF would you like to test? • Common choices are a broad benchmark such as SPY, or a specific name like AAPL, MSFT, etc. • You can also supply a small list (e.g., “SPY, AAPL, MSFT”) and we’ll test each one.2. RSI settings • Standard look-back period is 14 trading days. • Oversold / overbought levels are usually 30 / 70. If you’d like different parameters, please let me know.Once I have that information I can fetch the RSI data, generate entry/exit signals from 2022-01-01 to today, and run the back-test (including P&L, drawdown, win-rate, etc.).