Quant/Bitcoin QNTBTC Market Overview

• Price tested key support near 0.000872 but failed to break below, indicating potential short-term stability.
• Volatility expanded during the overnight session as price broke 0.000884–0.000886 range, signaling re-entry of momentum.
• Turnover surged during the post-noon ET rally, aligning with price action and suggesting strong buyer participation.
• RSI remained in neutral territory (45–55) suggesting lack of overbought/oversold signals, but rising slowly post-breakout.

Quant/Bitcoin (QNTBTC) opened at 0.000872 on 2025-09-09 12:00 ET, reached a high of 0.0009000 (midday ET rally), and closed at 0.000874 at 12:00 ET today. Total volume over 24 hours was 470.58 units, with notional turnover at $416.60 USD (assuming BTC at $60,000). The pair showed a bearish bias early in the morning but reversed into a bullish breakout in the afternoon, supported by volume spikes.

Structure & Formations

Price tested the 0.000872 support multiple times, most recently at 09:45–10:00 ET before bouncing. A bearish engulfing pattern formed at 09:45–10:00 ET as price closed below the prior candle’s low, followed by a strong bullish reversal in the 11:45–12:00 ET time frame. A potential bullish engulfing pattern at 11:45–12:00 ET suggests short-term momentum shifted. Key resistance appears at 0.000886–0.000888, while immediate support sits at 0.000872.

Moving Averages

On the 15-minute chart, the 20-period MA crossed above the 50-period MA in the last 2–3 hours, forming a golden cross. Daily chart 50/100/200-period MAs remain in a descending order, indicating that the broader trend remains bearish. The 15-minute crossover could signal short-term bullish momentum, though a reversal below the 50 MA would likely confirm bearish continuation.

MACD & RSI

The MACD crossed into positive territory after 09:45 ET and remained above zero through the close, indicating sustained momentum. RSI climbed from 43 at 08:45 ET to 56 at the close, staying within a neutral range. No overbought signals were observed, but the slow upward slope suggests accumulation and potential for a short-term rally. A move above 60 RSI could signal overbought conditions and a likely pullback.

Bollinger Bands

Volatility expanded significantly after 09:45 ET, with the price moving from within the lower band at 0.000872 to the upper band at 0.000888 in a few hours. This breakout came with a volume spike and suggests that the market is moving out of consolidation. A retest of the lower band at 0.000872–0.000873 could confirm support, while a break below this level would signal further bearish potential.

Volume & Turnover

Volume surged from 0.0 units at 04:15 ET to over 60 units at 14:00 ET as price broke out. Notional turnover increased in line with price, confirming the bullish momentum. However, volume dropped below 2 units after 14:30 ET, indicating that the rally may be losing steam. A divergence between price and volume after 14:30 ET suggests caution is warranted.

Fibonacci Retracements

Applying Fibonacci to the recent 0.000872–0.000892 swing, key levels include 38.2% (0.000880), 50% (0.000882), and 61.8% (0.000884). Price currently sits near the 50% retracement level (0.000882), which is also a critical psychological point. A break above 0.000886 would target the 61.8% retracement at 0.000884, while a retest of the 38.2% level could see a potential bounce.

Backtest Hypothesis

Using the observed 15-minute crossover between the 20- and 50-period MAs as a signal and the 50% Fibonacci retracement (0.000882) as a buy zone, a backtest over the past 30 days would assess the efficacy of entering long positions on the golden cross above key support and holding until the 20 MA crosses below the 50 MA. The strategy would also include a stop-loss at the nearest support (e.g., 0.000872) and a take-profit at 0.000886–0.000888. This approach aligns with the current market conditions, as the golden cross and Fibonacci support are both confirming short-term bullish bias.

The next 24 hours may see a test of 0.000886–0.000888 resistance if buyers step in after the morning rally. A break below 0.000872 could trigger further bearish momentum. Traders should monitor volume and RSI for signs of exhaustion or strength. As always, price action can be volatile and unpredictable—use stop-loss orders and keep risk levels appropriate to your trading plan.