Bitcoin
83350.010
Today
-2.60%
5 Days
-0.28%
1 Month
+4.34%
6 Months
+19.49%
Year to Date
-4.97%
1 Year
-33.36%
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 82,973 towards 84,896
Alternative scenario
below 82,973, expect 82,424 and 82,098.
Comment
Rebound above 82,973 towards 84,896
The cryptocurrency market is experiencing ongoing liquidation, with Bitcoin (BTC) losing ground to trade near $84,000 at the time of writing on Wednesday. The Crypto King’s correction follows a recent rejection due to supply around $87,200.
Bitcoin (BTC) slips below $84,500 at the time of writing on Wednesday, down over 2.5% so far this week. Mixed spot Bitcoin Exchange Traded Funds (ETFs) flows point to cautious institutional demand so far this week.
Bitcoin (BTC) remains under pressure on Wednesday, trading below $84,100 after a 2.88% correction so far this week. Ethereum (ETH) and Ripple (XRP) followed in BTC’s footsteps and extended their corrections, trading below $2,620 and $1.500, respectively.
Bitcoin (BTC) is holding above $85,000 on Tuesday following a recent rebound, but the market still lacks the catalyst needed to sustain a stronger move higher.
Bitcoin (BTC) upholds a robust bullish outlook, trading at $85,837 on Tuesday as sellers push to regain control over the trend. Structural support levels remain intact, backed by uptrending moving averages and consolidating momentum.
Bitcoin (BTC) remains under pressure, trading below $86,000 at the time of writing on Tuesday, as profit-taking intensifies.
Related Instruments
Ethereum
Bitcoin Cash
Litecoin
Dogecoin
XRP
Solana
ApeCoin
Algorand
Cardano
TRON
AC Milan Fan Token
dYdX (ethDYDX)
Curve DAO Token
Ethereum Name Service
Axie Infinity
Santos FC Fan Token
FC Barcelona Fan Token
Enjin Coin
Polkadot
