Bitcoin
Today
-0.08%
5 Days
-2.71%
1 Month
-5.03%
6 Months
+2.12%
Year to Date
-9.05%
1 Year
-29.53%
TradingKey Timing Strategy - Bitcoin
TK Alpha generates a daily timing score ranging from -100 to +100 and maps it to long, flat, short, or leveraged positions. The score reflects both the strategy’s directional view and the strength of its target exposure.
Alpha Gauge
The TK Alpha Gauge is a proprietary, comprehensive daily updated indicator developed by Tradingkey that reflects our outlook on specific financial instruments. Utilizing a long-proven AI framework, the index analyzes hundreds of proprietary price-volume, fundamental, and alternative data predictors. Values range from -100 to 100. Negative values signify a bearish (pessimistic) outlook, while positive values indicate a bullish (optimistic) stance. The further the value from zero, the stronger the quantitative signal. It provides quantitative insight into directional forecasts.
Strategy Data
Historical Return
Bitcoin Trading Strategy
Trading Strategy
Rebound above 79,290 towards 81,496
Alternative scenario
below 79,290, expect 78,567 and 78,137.
Comment
Rebound above 79,290 towards 81,496
Bitcoin (BTC) is testing key support levels after falling to $79,250 over the weekend, with persistent selling pressure and uncertainty over the Federal Reserve’s (Fed) interest rate decision likely to prolong the top crypto's decline, according to Bitfinex analysts.
Bitcoin (BTC) hovers around $80,500 at the time of writing on Monday, after extending its correction for three consecutive weeks.
Cryptocurrency prices are broadly correcting on Monday, led by Bitcoin’s (BTC) five-day sell-off. The Crypto King hovers around $80,000 amid a structurally capped upside.
Bitcoin (BTC), Ethereum (ETH) and Ripple (XRP) bears remain in control, extending losses on Monday after three straight weeks of declines. BTC slips below $80,000, while ETH and XRP follow BTC’s lead and trade lower at $2,315 and $1.30, respectively.
• Bitcoin declined due to profit-taking and slowing spot ETF demand amid macroeconomic uncertainties. • Leveraged long liquidations and reduced market depth accelerated downside momentum in perpetual futures. • The MACD shows a sell signal, RSI indicates neutrality, and Williams %R suggests oversold.
Bitcoin (BTC) remains under pressure, trading around $81,800 on Friday, recording modest losses so far this week. Despite a mild pullback, institutional demand showed signs of a comeback with spot Exchange Traded Funds (ETFs) recording $442.67 million in net inflows through Thursday.
Bitcoin Technical Analysis
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