Bitcoin
82833.520
Today
-0.68%
5 Days
-0.97%
1 Month
+4.58%
6 Months
+19.62%
Year to Date
-5.56%
1 Year
-32.00%
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
The downside prevails as long as 83,395 is resistance, with 82,011 and 81,687 as targets
Alternative scenario
above 83,395, look for 83,941 and 84,266.
Comment
The downside prevails as long as 83,395 is resistance, with 82,011 and 81,687 as targets
• Bitcoin faced downside pressure from macroeconomic headwinds and institutional caution. • Spot Bitcoin ETF net redemptions triggered tactical profit-taking and leveraged long unwinds. • Market structure reflects orderly consolidation within an established multi-month range.
Bitcoin (BTC) declined below $85,000 as low trading volume and lack of fresh capital inflows weakened its momentum.
Bitcoin (BTC) edges lower on Wednesday, trading near $83,000. The broader correction in the cryptocurrency market can be attributed to heavily leveraged long liquidations, macro and geopolitical pressure reducing risk appetite.
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.
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
PolkadotPopular Instruments
