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Bitcoin

BTCUSD
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64947.840

+538.140+0.83%
TradingKey Chart
Time
1m
15m
30m
1h
4h
D
W
D

Today

+0.82%

5 Days

+0.30%

1 Month

+1.79%

6 Months

-7.61%

Year to Date

-25.96%

1 Year

-43.50%

Key Data Points

Opening Price

64437.260

Previous Closing Price

64409.700
Price Range of the Day
64136.00064947.850
52-Week Price Range
57778.840126073.430

Recent

Analysis

Crypto Today: Bitcoin, Ethereum hold steady, XRP decline nears $1.00 amid easing geopolitical tensions

Cryptocurrency prices are relatively stable on Friday, with Bitcoin (BTC) edging higher above the immediate $64,000 support. Ethereum (ETH) holds fairly above the short-term $1,900 demand area, as bulls target a potential breakout.

Fxstreet12 minutes ago

Crypto Overview: US Senate delays Clarity Act vote – Cardano and LayerZero sustain gains

Bitcoin (BTC) price holds steady above $64,000 on Friday, with the 50-day Exponential Moving Average (EMA) at $64,637 capping gains. The US Senate has delayed the floor vote for the Crypto Clarity Act after the summer recess, starting Monday.

Fxstreet7 hours ago

Top 3 Price Prediction: Bitcoin, Ethereum, Ripple – BTC under pressure, ETH trades sideways, XRP gravitates toward $1

Bitcoin (BTC) and Ethereum (ETH) remain under pressure on Friday after mild gains, while Ripple (XRP) slides over 5% so far this week. BTC faces rejection near a key resistance barrier, and ETH has been trading sideways for the last 22 days.

Fxstreet8 hours ago

Crypto Today: Bitcoin and Ethereum gain ground as XRP extends decline amid potential Iran-Oman deal

The cryptocurrency market is somewhat lethargic on Thursday, with Bitcoin (BTC) approaching $65,000, Ethereum (ETH) holding above $1,900 while Ripple (XRP) trades under pressure around $1.05.

FxstreetThu, Aug 6

Bitcoin Price Forecast: Persistent ETF inflows, easing Middle East tensions lift risk appetite

Bitcoin (BTC) extends its gains, trading above $64,800 at the time of writing on Thursday, breaking above the key resistance zone. Institutional demand supports BTC price action with spot Exchange Traded Funds (ETFs) recording a third consecutive day of inflows so far this week.

FxstreetThu, Aug 6

Crypto Market Overview: Pi Network, Uniswap lead gains as Bitcoin steadies at $64,000

Bitcoin (BTC) trades above $64,000 at press time on Thursday, testing the bullish breakout of its 50-day Exponential Moving Average (EMA) near $64,660. Mild recovery in BTC lifts altcoins, with Pi Network (PI) and Uniswap (UNI) emerging as top performers over the last 24 hours.

FxstreetThu, Aug 6

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(3)
Neutral(2)
Buy(7)
Indicators
Sell(1)
Neutral(2)
Buy(3)
Indicators
Value
Direction
MACD(12,26,9)
94.078
Buy
RSI(14)
54.357
Neutral
STOCH(KDJ)(9,3,3)
76.201
Buy
ATR(14)
1318.520
High Vlolatility
CCI(14)
80.889
Neutral
Williams %R
22.612
Buy
TRIX(12,20)
0.011
Sell
StochRSI(14)
100.000
Overbought
Moving Average
Sell(2)
Neutral(0)
Buy(4)
Indicators
Value
Direction
MA5
64439.588
Buy
MA10
63945.767
Buy
MA20
64428.524
Buy
MA50
63304.097
Buy
MA100
68145.817
Sell
MA200
70384.138
Sell

Bitcoin Trading Strategy

Intraday
Medium Term
Short Term
The upside prevails as long as 64,068 is support, with 65,634 and 66,052 as targets

Trading Strategy

The upside prevails as long as 64,068 is support, with 65,634 and 66,052 as targets

Alternative scenario

below 64,068, expect 63,367 and 62,949.

Comment

The upside prevails as long as 64,068 is support, with 65,634 and 66,052 as targets

18 minutes 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

64947.840
+538.140+0.83%
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