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Bitcoin

BTCUSD
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78738.010

+280.020+0.36%
TradingKey Chart
Time
1m
15m
30m
1h
4h
D
W
M
D

Today

+0.33%

5 Days

+1.68%

1 Month

+21.01%

6 Months

+17.21%

Year to Date

-10.25%

1 Year

-29.62%

Key Data Points

Opening Price

78519.430

Previous Closing Price

78457.990
Price Range of the Day
78030.03079730.000
52-Week Price Range
57778.840126073.430

Recent

Analysis

Bitcoin Price Forecast: BTC recovery slows as cautious mood grows

Bitcoin (BTC) rebounds slightly, trading above $79,000 at the time of writing on Wednesday, having fallen over 2.4% over the previous two days.

Fxstreet8 hours ago

Crypto Today: Bitcoin, Ethereum, XRP regain strength as US Treasury doubles down on buybacks

Bitcoin (BTC) is trending higher alongside other major cryptocurrencies on Wednesday. Ethereum (ETH) has reclaimed $2,500 as short-term support, raising the odds that the uptrend will gain momentum.

Fxstreet8 hours ago

Bitcoin (BTCUSD) Is up 1.00% on Sep 9: Why It Happened

• Bitcoin advanced intraday driven by spot demand and institutional ETF inflows. • Short liquidations and reduced miner selling pressure accelerated upward price velocity. • Technical indicators including MACD, RSI, and Williams %R show neutral conditions.

TradingKey13 hours ago

Top 3 Price Prediction: Bitcoin, Ethereum, Ripple – BTC takes a breather, ETH and XRP maintain bullish footing

Bitcoin (BTC), Ethereum (ETH) and Ripple (XRP) are trading with a broadly constructive tone on Wednesday despite BTC's mild pullback over the past two days.

Fxstreet15 hours ago

Bitcoin remains highly sensitive to macro signals amid changing derivatives narrative

Bitcoin’s (BTC) sensitivity to US economic data has become increasingly evident this year. As the market approaches several important data dumps this week, BTC traders are keenly aware of the significance just like their counterparts in TradFi.

Fxstreet20 hours ago

Bitcoin and Gold Outlook: BTC and XAU tick down as Middle East tensions grow

Bitcoin (BTC) is correcting lower for the second consecutive day, trading near $78,000 on Tuesday. The largest cryptocurrency by market capitalization also holds above major moving averages, reinforcing a broader bullish outlook despite the pullback from last week's peak near $82,300.

FxstreetTue, Sep 8

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
Neutral
Sell(4)
Neutral(4)
Buy(4)
Indicators
Sell(2)
Neutral(4)
Buy(0)
Indicators
Value
Direction
MACD(12,26,9)
-929.260
Neutral
RSI(14)
61.837
Neutral
STOCH(KDJ)(9,3,3)
43.881
Neutral
ATR(14)
2243.562
Low Volatility
CCI(14)
-4.644
Neutral
Williams %R
57.976
Sell
TRIX(12,20)
0.644
Sell
StochRSI(14)
13.597
Oversold
Moving Average
Sell(2)
Neutral(0)
Buy(4)
Indicators
Value
Direction
MA5
79203.964
Sell
MA10
79075.904
Sell
MA20
78625.680
Buy
MA50
70187.878
Buy
MA100
66642.320
Buy
MA200
69920.741
Buy

Bitcoin Trading Strategy

Intraday
Medium Term
Short Term
The upside prevails as long as 78,212 is support, with 81,280 and 82,074 as targets

Trading Strategy

The upside prevails as long as 78,212 is support, with 81,280 and 82,074 as targets

Alternative scenario

below 78,212, expect 76,886 and 76,096.

Comment

The upside prevails as long as 78,212 is support, with 81,280 and 82,074 as targets

2 hours 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

78738.010
+280.020+0.36%
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