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Summary
• Price formed a bullish engulfing pattern near 0.0008677 but closed bearish after a sharp reversal.
• Volume spiked at 19:00 ET, coinciding with a high-volume pullback to 0.0008696.
• RSI showed bearish divergence as price hit 0.000875, with a final 24-hour close near 0.000868.
• Volatility expanded in the late evening before a consolidation near Bollinger Band midline.
Quant/Bitcoin (QNTBTC) opened at 0.0008788 on 2025-12-15 and closed at 0.0008680 on 2025-12-16. The pair reached a high of 0.0008813 and a low of 0.0008616, with a total volume of 1,118.28 and notional turnover of 0.975 BTC.
Structure & Formations
The price action displayed a bullish engulfing pattern at 19:30 ET as it reversed from 0.0008672 to 0.0008772, suggesting a potential short-term rally. However, a bearish reversal emerged after 20:00 ET with a large bearish candle closing below 0.0008708.

Moving Averages
On the 5-minute chart, the 20- and 50-period moving averages converged near 0.000872, while the price remained below both, suggesting short-term bearish momentum. On the daily chart, the 50- and 200-period lines were in a bearish crossover, indicating a bearish trend in the broader context.
MACD & RSI
The 12:00–22:00 ET window showed a bearish divergence in RSI, peaking at 56 before a sharp price drop. MACD turned negative at 19:30 ET, confirming bearish momentum. The RSI closed near 48, suggesting a neutral zone without clear overbought or oversold conditions.
Bollinger Bands
Volatility expanded as the price moved out of a narrow band between 18:30 ET and 20:00 ET. The price closed near the midline, suggesting consolidation. A potential bounce from the lower band at 0.0008667 appeared to be confirmed by volume.
Volume & Turnover
A sharp volume spike occurred at 19:00 ET with 86.431 units, coinciding with a large bearish candle that pulled price down to 0.0008696. Later, volume declined, especially after 04:00 ET, suggesting reduced conviction in the bearish move. Turnover and volume aligned well, showing no divergence.
Fibonacci Retracements
The 5-minute chart showed a 61.8% retracement level near 0.0008696 being tested twice. On the daily chart, the 38.2% retracement at 0.000872 appeared to act as a resistance cluster, limiting the bullish rebound.
Price may test key support at 0.0008667 in the next 24 hours, with a possible rally to 0.000872–0.000873 if buyers emerge. Investors should watch for divergence in RSI and any break below 0.0008667 as a sign of deeper bearish momentum.
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