Bitcoin
83378.000
Today
+0.36%
5 Days
-2.79%
1 Month
+8.07%
6 Months
+16.98%
Year to Date
-4.96%
1 Year
-27.39%
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
Long positions above 82000 with targets at 84250 & 85300 in extension.
Alternative scenario
below 82000 look for further downside with 81000 & 80200 as targets.
Comment
long positions above 82000 with targets at 84250 & 85300 in extension.
Cryptocurrency prices are broadly recovering on Tuesday, as bulls stage a comeback. Bitcoin (BTC) leads the bullish return, rising above $84,000 ahead of the United States (US) Consumer Price Index (CPI) report on Wednesday.
Bitcoin (BTC) rebounds over 2%, trading above $83,500 at the time of writing on Tuesday, recovering the losses from the previous day.
Bitcoin (BTC) remained range-bound above $82,000 on Monday as upcoming US economic data and onchain indicators weigh on market sentiment.
• Bitcoin fell due to macroeconomic headwinds and hawkish Federal Reserve rate expectations. • Spot Bitcoin ETFs saw net outflows and compressed futures premiums amid profit-taking. • Derivatives markets experienced modest long liquidations and increased demand for downside hedging.
Bitcoin (BTC) steadies around $83,600 at the time of writing on Monday, after a 3.1% decline last week. Institutional demand shows weakening signs, with spot Exchange Traded Funds (ETFs) recording $681.10 million in net outflows last week, ending a three-week streak of inflows.
Cryptocurrency prices are broadly consolidating on Monday, with select tokens such as Ethereum (ETH) slowly edging higher above $2,500. Bitcoin (BTC) holds above $84,000 as bulls battle seller congestion, while Ripple (XRP) consolidates around $1.40.
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