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Bitcoin

BTCUSD
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80469.990

+1567.660+1.99%
TradingKey Chart
Time
1m
15m
30m
1h
4h
D
W
M
D

Today

+2.02%

5 Days

+25.07%

1 Month

+25.50%

6 Months

+25.82%

Year to Date

-8.23%

1 Year

-28.55%

Key Data Points

Opening Price

78940.550

Previous Closing Price

78902.330
Price Range of the Day
78592.13081242.620
52-Week Price Range
57778.840126073.430

Recent

Analysis

Crypto Overview: Bitcoin tops $80,000 as US Treasury fights high yields – AERO, VIRTUAL rally

Bitcoin (BTC) extends gains above $80,000 on Tuesday as broader market risk-on sentiment persists. The scarce asset could extend its rally as the US Treasury combats high yields in the long-dated bond market, with further interventions on the horizon.

Fxstreet57 minutes ago

Bitcoin (BTCUSD) Is up 1.92% on Aug 25: What Are the Risk Factors?

• Bitcoin capital allocation rose due to shifting global liquidity dynamics and debt expectations. • Spot Bitcoin exchange-traded funds registered accelerated net inflows from institutional allocators. • Technical indicators show an overbought condition alongside a MACD buy signal.

TradingKey58 minutes ago

Strategy raises $2B, pauses Bitcoin purchases

Strategy (MSTR) raised more than $2 billion through its latest share sales but did not purchase any Bitcoin (BTC) during last week, instead allocating part of the proceeds to a newly established USD Cash pool.

Fxstreet9 hours ago

Bitcoin (BTCUSD) Is up 1.21% on Aug 24: Why It Happened

• Eased macro liquidity and bond buyback operations drove capital inflows into Bitcoin. • Spot Bitcoin ETF net inflows and institutional disclosures supported market advancement. • Technical indicators show a buy signal alongside overbought conditions for Bitcoin.

TradingKey17 hours ago

Crypto Today: Bitcoin, Ethereum and XRP pull back as rally cools

The cryptocurrency market is broadly correcting on Monday as investors shift focus to profit-taking after last week’s rally. Bitcoin (BTC) is edging lower amid capped upside below $80,000, with immediate support at $77,000.

Fxstreet18 hours ago

Bitcoin Price Forecast: BTC stalls as profit-taking starts

Bitcoin (BTC) takes a breather, trading around $77,000 on Monday, following a massive rally of over 23% last week, marking its strongest weekly gain since mid-March 2023.

Fxstreet21 hours ago

Indicators

The Indicators feature provides value and direction analysis for various instruments under a selection of technical indicators, together with a technical summary.

This feature includes nine of the commonly used technical indicators: MACD, RSI, KDJ, StochRSI, ATR, CCI, WR, TRIX and MA. You may also adjust the timeframe depending on your needs.

Please note that technical analysis is only part of investment reference, and there is no absolute standard for using numerical values to assess direction. The results are for reference only, and we are not responsible for the accuracy of the indicator calculations and summaries.

1m
5m
15m
30m
1h
2h
4h
D
W
M
1m
5m
15m
D
Buy
Sell(1)
Neutral(0)
Buy(8)
Indicators
Sell(1)
Neutral(0)
Buy(2)
Indicators
Value
Direction
MACD(12,26,9)
3365.251
Buy
RSI(14)
86.872
Overbought
STOCH(KDJ)(9,3,3)
93.185
Overbought
ATR(14)
2438.203
High Vlolatility
CCI(14)
112.538
Buy
Williams %R
4.124
Overbought
TRIX(12,20)
0.694
Sell
StochRSI(14)
100.000
Overbought
Moving Average
Sell(0)
Neutral(0)
Buy(6)
Indicators
Value
Direction
MA5
78303.154
Buy
MA10
72512.849
Buy
MA20
68269.274
Buy
MA50
65809.361
Buy
MA100
66164.686
Buy
MA200
69143.701
Buy

Bitcoin Trading Strategy

Intraday
Medium Term
Short Term
The configuration is positive.

Trading Strategy

The configuration is positive.

Alternative scenario

below 79,811, expect 79,178 and 78,802.

Comment

The upside prevails as long as 79,811 is support, with 81,633 and 82,012 as targets

an hour ago
Source: Trading Central(Reference Only)

More Details of Bitcoin

In January 2009, Bitcoin was launched as a decentralized cryptocurrency, originally detailed in a 2008 whitepaper by an individual or group under the pseudonym Satoshi Nakamoto. This peer-to-peer digital currency enables direct transactions between equal, independent participants without requiring intermediaries. Nakamoto designed Bitcoin to facilitate “online payments to be sent directly from one party to another without going through a financial institution.” While earlier concepts for decentralized electronic currencies existed, Bitcoin is distinguished as the first cryptocurrency to achieve practical implementation.

Is Bitcoin anonymous?

No, Bitcoin is not completely anonymous. While user identities are encrypted, all Bitcoin transactions are publicly recorded on the blockchain, so Bitcoin is more accurately described as "pseudonymous" rather than fully anonymous.

Who developed Bitcoin?

Bitcoin was originally described in a 2008 whitepaper by a person or group of people using the pseudonym Satoshi Nakamoto. Nakamoto launched the Bitcoin network in January 2009 and mined the first block, known as the genesis block. While Nakamoto was the original inventor, the Bitcoin code has been contributed to by over 750 developers over the years, with key contributors including Gavin Andresen, Wladimir J. van der Laan, Marco Falke, Pieter Wuille, and others.

Why is the Bitcoin price so volatile?

The Bitcoin price tends to be very volatile because Bitcoin is a new and speculative asset. The price can fluctuate a lot based on factors like news, regulations, and adoption rates. The relative youth and speculative nature of the Bitcoin market contributes to its high price volatility.

Bitcoin

80469.990
+1567.660+1.99%
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