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Bitcoin

BTCUSD
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63940.410

+230.410+0.36%
TradingKey Chart
Time
1m
15m
30m
1h
4h
D
W
D

Today

+0.32%

5 Days

-0.61%

1 Month

-0.68%

6 Months

-5.65%

Year to Date

-27.13%

1 Year

-46.16%

Key Data Points

Opening Price

63712.660

Previous Closing Price

63710.000
Price Range of the Day
63504.01064439.900
52-Week Price Range
57778.840126073.430

Recent

Analysis

Bitcoin (BTCUSD) Is up 1.05% on Aug 12: What Do On-Chain Data and Market Sentiment Show?

• Favorable U.S. inflation data and improving liquidity conditions drove Bitcoin higher. • Institutional spot Bitcoin ETF inflows absorbed market supply and strengthened demand. • Short liquidations and rising futures open interest accelerated the upward price momentum.

TradingKeyan hour ago

Crypto Today: Bitcoin, Ethereum, XRP stay under pressure as focus shifts to US inflation data

Cryptocurrency prices are largely consolidating, with Bitcoin (BTC) hovering near the resistance at $64,000 at the time of writing on Wednesday.

Fxstreet3 hours ago

Bitcoin Price Forecast: BTC faces volatility as US CPI data looms

Bitcoin (BTC) trades around $63,800 at the time of writing on Wednesday after falling more than 2% over the previous two days.

Fxstreet5 hours ago

Crypto Overview: Bitcoin loses $64,000 – LINK, DOGE sustain gains

Bitcoin is trading below $64,000 at press time on Wednesday amid a broader market risk-off sentiment. Emerging as top performers over the last 24 hours, Chainlink (LINK) and Dogecoin (DOGE) sustain gains, hinting at an extended recovery.

Fxstreet10 hours ago

Top 3 Price Prediction: Bitcoin, Ethereum, Ripple – BTC steadies, ETH holds 50-day EMA, XRP rebounds from $1 support

Bitcoin (BTC), Ethereum (ETH) and Ripple (XRP) are showing mixed price action on Wednesday as traders assess key technical support levels. BTC remains under pressure after its recent decline, while ETH is attempting to extend its rebound from the 50-day Exponential Moving Average (EMA).

Fxstreet10 hours ago

Bitcoin lags S&P 500, Nasdaq despite renewed ETF inflows

Bitcoin (BTC) gained 2.15% last week, trailing the S&P 500's 3.51% return and the Nasdaq's 5.09% gain, despite a broad rally across risk assets. The gains came following a weaker-than-expected July payrolls report, according to market-making firm Wintermute.

Fxstreet10 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
Sell
Sell(7)
Neutral(4)
Buy(1)
Indicators
Sell(2)
Neutral(4)
Buy(0)
Indicators
Value
Direction
MACD(12,26,9)
-87.977
Neutral
RSI(14)
48.178
Neutral
STOCH(KDJ)(9,3,3)
45.550
Sell
ATR(14)
1244.454
Low Volatility
CCI(14)
-16.755
Neutral
Williams %R
47.587
Neutral
TRIX(12,20)
0.024
Sell
StochRSI(14)
16.069
Oversold
Moving Average
Sell(5)
Neutral(0)
Buy(1)
Indicators
Value
Direction
MA5
64384.030
Sell
MA10
64413.005
Sell
MA20
64163.763
Sell
MA50
63387.250
Buy
MA100
67452.288
Sell
MA200
69757.385
Sell

Bitcoin Trading Strategy

Intraday
Medium Term
Short Term
The configuration is positive.

Trading Strategy

The configuration is positive.

Alternative scenario

below 63,583, expect 63,036 and 62,711.

Comment

The upside prevails as long as 63,583 is support, with 64,806 and 65,132 as targets

3 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

63940.410
+230.410+0.36%
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