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Bitcoin

BTCUSD
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63639.140

+69.150+0.11%
TradingKey Chart
Time
1m
15m
30m
1h
4h
D
W
D

Today

+0.12%

5 Days

-1.78%

1 Month

-0.81%

6 Months

-3.25%

Year to Date

-27.44%

1 Year

-46.99%

Key Data Points

Opening Price

63538.890

Previous Closing Price

63569.990
Price Range of the Day
63320.00063980.000
52-Week Price Range
57778.840126073.430

Recent

Analysis

Crypto Today: Bitcoin, Ethereum, XRP remain sluggish amid mixed ETF flows

The cryptocurrency market continues to trade sideways on Thursday, with Bitcoin (BTC) struggling to reclaim the $64,000 level. Ethereum (ETH) is attempting to build momentum near the key $1,900 resistance, while Ripple (XRP) maintains support above $1.00, yet upward movement remains limited.

Fxstreet5 hours ago

Crypto Market Overview: Bitcoin loses softer CPI gains – Virtuals Protocol, OKB rise

Bitcoin (BTC) is trading around $63,000 at press time, after three consecutive days of losses.

Fxstreet12 hours ago

Bitcoin faces thin liquidity and missing demand amid seller stress — Glassnode

Bitcoin (BTC) is showing signs of growing market exhaustion, with weakening liquidity and subdued demand leaving the market vulnerable to a sharp move, according to a Glassnode report on Wednesday.

Fxstreet14 hours ago

Bitcoin shows early signs of bottom despite lingering market stress

Bitcoin (BTC) is showing several signs of a potential market bottom as multiple indicators show improving market conditions, according to CryptoQuant analysts.

Fxstreet16 hours ago

Gold vs Bitcoin Prediction: XAU eyes $4,500 breakout, BTC dips post US CPI data

Bitcoin (BTC) is extending its decline below $64,000 at the time of writing on Wednesday, as Gold (XAU/USD) maintains its breakout momentum, trading near $4,420.

Fxstreet23 hours ago

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.

TradingKeyWed, Aug 12

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(8)
Neutral(3)
Buy(1)
Indicators
Sell(3)
Neutral(3)
Buy(0)
Indicators
Value
Direction
MACD(12,26,9)
-179.993
Neutral
RSI(14)
46.585
Neutral
STOCH(KDJ)(9,3,3)
28.733
Sell
ATR(14)
1177.161
Low Volatility
CCI(14)
-42.923
Neutral
Williams %R
56.069
Sell
TRIX(12,20)
0.014
Sell
StochRSI(14)
6.065
Oversold
Moving Average
Sell(5)
Neutral(0)
Buy(1)
Indicators
Value
Direction
MA5
64033.288
Sell
MA10
64368.333
Sell
MA20
64121.686
Sell
MA50
63434.704
Buy
MA100
67269.628
Sell
MA200
69641.469
Sell

Bitcoin Trading Strategy

Intraday
Medium Term
Short Term
The downside prevails as long as 63,964 is resistance, with 62,673 and 62,351 as targets

Trading Strategy

The downside prevails as long as 63,964 is resistance, with 62,673 and 62,351 as targets

Alternative scenario

above 63,964, look for 64,507 and 64,830.

Comment

The downside prevails as long as 63,964 is resistance, with 62,673 and 62,351 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

63639.140
+69.150+0.11%
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