Crypto · Indicator journal · 46 readings since 2026-02-19

BTC Structure Tracker

Contracting 8H · Bearish Daily & Weekly · Bearish confluence 67% · Bear trend

8HCONTRACTINGDailyBEARISHWeeklyBEARISH
$72,835.00Reading 2026-04-10Manual snapshot, not live

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Signals

Signal8HDailyWeekly
StructureCONTBEARBEAR
Seismic16.6BEAR20.4BEAR13BEAR
OI sentimentLNGS EXITOI 12.91%LNGS EXITOI 12.94%SHRTS ENTROI 12.94%
RealPnL Z0NEUTRAL0NEUTRAL0NEUTRAL
OnChain vs signal—not exported—not exported—not exported
Early warningNoneNoneNone
Show all indicators
Signal8HDailyWeekly
RSI / ADX67 / 3261 / 1641 / 36
+DI / −DI33.3 / 10.623.9 / 15.613.9 / 26.1
Lev Press394038
RSI div0%0%4%BEAR
OI div67%FLUSH RSK67%FLUSH RSK67%FLUSH RSK
Vol div0%0%0%
Funding proxy7%NEUTRAL8%NEUTRAL0%N/A
Basis-0.01%FLAT0.01%FLAT0.03%USDT BEAR
ATR comp81.9%comp 2572.2%comp 16131.6%
ADX turn0%TRENDING55%ENGAGING0%TRENDING
Bias / Layers0 / 20 / 20 / 2
GravityWell———
Thrust / Gravity— / —— / —— / —
Reporter confluence———
Last high / low$69,218.00$65,644.00$71,970.40$64,441.40$97,950.00$59,800.00
Invalidation—$0.00risk 0%—
Potential HH / HL— / —— / —— / —
Buildup / Buy zoneLOWLOWLOW
ROC / dist. from HH———
EMA 1h / EMA D72,527 / 69,80272,527 / 69,80172,527 / 69,801
OI bars since———

Rows below “Early warning”-style curated rows include every other field exported for this reading, unedited.

Journal note · HOLD

Read the note for 2026-04-10

Reading #24. BTC $72,835 — up +3.3% from Reading #23 ($70,639 on Apr 9). Price has pushed above the 8H HH of 69,218 confirming the breakout from the CONTRACTING range that was flagged in Reading #23. CPI printed 3.3% in-line with expectations this morning — no hawkish surprise, risk-on remains intact. However the Covenant AI/Bittensor governance scandal broke today causing TAO to dump 18%, adding altcoin risk-off pressure. STRUCTURAL CHANGES: 8H flipped from CONTRACTING upside breakout — price at $72,835 is above the 8H HH of 69,218. Structure label still shows CONTRACTING pending bar close confirmation but price action confirms the break. Daily remains BEARISH with HH 71,970 and HL 64,441 — price is now above the daily HH, which if sustained on close would be the first daily BEARISH→BULLISH structure flip since Reading #8 (Mar 6). KEY SIGNALS: Daily ADX Turn 55% ENGAGING — matches Reading #21 level that preceded the Iran rally. Second consecutive ENGAGING reading on the daily — the violent directional resolution is still loading. OI Div 67% FLUSH RSK across all three TFs — consistent with Reading #23, the squeeze fuel from the prior 100% SQZ SETUP readings is being consumed but not yet exhausted. OI Sent: 8H/Daily still LNGS EXIT (distribution), Weekly flipped to SHRTS ENTR — new shorts entering on the weekly is important. This is the first SHRTS ENTR on the weekly since the readings began. Shorts entering at $72-73K on the weekly could provide squeeze fuel for a higher move. Seismic ALL BEAR BIAS across 8H/Daily/Weekly — despite the price breakout, internal momentum metrics remain bearish-biased. This is the LNGS EXIT warning from Reading #23 playing out — the rally is being sold and shorted, not accumulated. GravityWell Daily: Price ABOVE EQ with Gravity 64, Decay 60 — meaningful gravitational decay overhead. Weekly GravityWell: Price BELOW EQ, Gravity 30, Decay 0 — less bearish gravity than prior readings, improving. BEAR FLAG context: On the daily chart BTC has been forming an ascending channel (bear flag) from the $65K low. The measured move target on a break below the flag lower boundary would be ~$29-32K. The current price action is testing the upper boundary of that flag. Daily close above $72K would be the first candle to challenge the bear flag structure meaningfully. REGIME: DISTRIBUTION BREAKOUT — price breaking above prior structure highs while OI shows LNGS EXIT and Seismic remains BEAR biased. The Covenant AI/TAO dump today is a reminder that narrative-driven altcoins are vulnerable. Bitcoin holding $72-73K despite altcoin stress is constructive. Key watch: (a) daily bar close above 71,970 HH = daily BEARISH→BULLISH flip confirmation, (b) weekly SHRTS ENTR building = potential squeeze fuel, (c) daily ADX ENGAGING 55% resolution direction, (d) whether bear flag upper boundary holds or breaks.

Key levels

Weekly swing high$97,950.00+34.5%
Price at reading$72,835.00snapshot
Daily swing high$71,970.40-1.2%
8H swing high$69,218.00-5.0%
8H pivot low$65,644.00-9.9%
Daily pivot low$64,441.40-11.5%
Weekly pivot low$59,800.00-17.9%
Daily invalidation$0.00-100.0%

Dots are spaced to scale; labels are nudged apart where levels are close. Percentages are distance from the price at this reading.

History charts

Agreement of the weighted checks (structure, DI, Seismic bias, OI div, layers). Higher = more of them point the same way; above 60% it is labelled bullish/bearish.

0255075100no readings · 127 days60%Mar 2026AprMayJunJulAugSepOctNov2026-02-19 · Tracker confluence: 542026-02-20 · Tracker confluence: 482026-02-24 · Tracker confluence: 432026-02-25 · Tracker confluence: 622026-02-26 · Tracker confluence: 672026-03-03 · Tracker confluence: 712026-03-04 · Tracker confluence: 582026-03-06 · Tracker confluence: 712026-03-10 · Tracker confluence: 482026-03-10-eve · Tracker confluence: 382026-03-14 · Tracker confluence: 432026-03-15 · Tracker confluence: 482026-03-17 · Tracker confluence: 462026-03-18 · Tracker confluence: 712026-03-19 · Tracker confluence: 672026-03-20 · Tracker confluence: 672026-03-25 · Tracker confluence: 392026-03-26 · Tracker confluence: 332026-03-29 · Tracker confluence: 502026-03-31 · Tracker confluence: 502026-04-03 · Tracker confluence: 622026-04-05 · Tracker confluence: 482026-04-09 · Tracker confluence: 452026-04-10 · Tracker confluence: 672026-04-12 · Tracker confluence: 522026-04-16 · Tracker confluence: 622026-04-17 · Tracker confluence: 672026-04-20 · Tracker confluence: 582026-04-22 · Tracker confluence: 582026-04-23 · Tracker confluence: 582026-04-24 · Tracker confluence: 552026-04-26 · Tracker confluence: 552026-04-27 · Tracker confluence: 652026-05-02 · Tracker confluence: 482026-05-03 · Tracker confluence: 482026-05-04 · Tracker confluence: 462026-05-05 · Tracker confluence: 462026-05-07 · Tracker confluence: 352026-05-13 · Tracker confluence: 572026-05-20 · Tracker confluence: 472026-09-24 · Tracker confluence: 502026-09-26 · Tracker confluence: 382026-10-02 · Tracker confluence: 382026-10-12 · Tracker confluence: 352026-10-14 · Tracker confluence: 572026-11-01 · Tracker confluence: 52
Tracker confluenceHatched = no readings in that span; x-axis is true calendar time.
Data notes

Prices and indicators are manual snapshots from uploaded chart screenshots and CSV exports. They are not live and are not updated automatically.

Glossary
SwingFlow structure
The trend state reported by the SwingFlow / Structure Reporter overlay from the sequence of swing highs and lows on that timeframe: BULLISH, BEARISH, CONTRACTING (swings narrowing) or EXPANDING (swings widening). A forming candle's state can still change before it closes.
Seismic
A momentum-energy reading from the CS Waves family. Bigger numbers mean a more energetic move; BULL/BEAR is the direction it leans. Recent exports include an alert threshold (34) above which the move counts as unusually strong.
OI sentiment
Combines the change in futures open interest with price direction: LNGS ENTR (longs entering), SHRTS ENTR (shorts entering), SHRTS COVR (shorts covering) or LNGS EXIT (longs exiting). Here, entering longs and covering shorts are shown green; entering shorts and exiting longs red.
RealPnL Z
A z-score of realized profit and loss: how unusual profit-taking or loss-taking is compared with its own history. Labels: DISCOUNT (low), NEUTRAL, PREMIUM (high). The original tracker shaded ≤ −0.5 as discount and ≥ +1.5 as premium.
OnChain vs signal
The standalone BTCOnChain composite blends scored on-chain components (SOPR, active addresses, new addresses, fees, hash rate, sends) and is compared with its own signal line. Composite above signal is shown green, below red.
Early warning
A flag the Structure Reporter raises when it sees a possible structure change before it is confirmed (for example “BULL?”). Blank means no warning.
Tracker confluence
This page's own score, using the original tracker's formula: across 8H/Daily/Weekly it weighs structure (3), +DI vs −DI (1), Seismic bias (2), OI divergence (1) and layers (1), then takes the larger of the bullish and bearish shares. Only above 60% is it called bullish or bearish; otherwise neutral.
Regime
From the last five readings' daily structure: 3+ bullish = Bull trend, 3+ bearish = Bear trend, 3+ contracting/expanding = Chop / range, otherwise transitioning.
GravityWell
A Reporter overlay that measures where price sits relative to an equilibrium (“well”), with thrust and gravity components. Exported well score / orbit values are scores, not percent distances.
Lev Press
Leverage pressure: how stretched derivatives leverage looks, with labels such as ELEVATED, HIGH or EXTREME. Very high readings across timeframes mean crowded positioning.
RSI / ADX / DI
Classic momentum (RSI), trend strength (ADX) and direction (+DI vs −DI). −DI above +DI leans bearish, +DI above −DI bullish.
OI div / Vol div / RSI div
Divergence scores (0–100%) between price and open interest, volume or RSI. 50%+ is treated as significant; labels show the direction (e.g. BULL, EXHAUST UP).
Funding / Basis
Funding-rate proxy and futures basis (premium of futures over spot) as exported by the Reporter, with its labels such as SHRTS PAY or USDT^ BEAR.
Bias / Layers
The Reporter's directional bias score and how many of its layers agree (0–5+). The tracker formula treats 5+ layers as supportive and 1–2 as weak.
Reporter confluence
The Structure Reporter's own signed confluence percentage. It is separate from this page's Tracker confluence.
Reference levels
Last swing high (HH) and pivot low (HL) exported by SwingFlow on each timeframe. They are reference levels the indicator tracks, not stop or target recommendations.

Indicators are from the TheurgyLabs CryptoStatus overlay / CS Waves family. Descriptions are general and based on the exported field names and labels.

Research journal only, not investment advice. Readings are manual snapshots and are not updated live.