63279.600USD
Today
+2.31%
5 Days
-14.10%
1 Month
-20.70%
6 Months
-29.80%
Year to Date
-27.86%
1 Year
-40.16%
Opening Price
61727.550Previous Closing Price
61848.010The 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.

The MACD must penetrate its zero line to expect further downside.
above 63270, look for 64000 and 64440.
target 61100.
TradingKey - Recently, Bitcoin (BTCUSD) prices have continued to decline, briefly falling below the $60,000 psychological level last Friday (June 5). The primary reason for the decline is the continuous capital outflows from the Bitcoin market, while rare selling by Strategy has further intensified downward price pressure.

The broader cryptocurrency market shows a stalled rebound on Monday after Friday's crash linked to the US Jobs data release, raising concerns about a rate hike.

Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP) remain under pressure at the start of this week after losing more than 14%, 15%, and 13%, respectively, in the previous week. BTC struggles below $63,000, ETH loses key support zones, while XRP’s momentum indicators continue to favor further downside.

Ripple’s outperformance of Bitcoin may only be a short-lived and incidental phenomenon. When the timeframe is extended to a year or longer, Bitcoin’s price performance typically surpasses that of Ripple. Furthermore, BTC serves as the liquidity core of the entire cryptocurrency market and possesses an immutable supply cap; this scarcity provides it with the strongest market consensus.

MicroStrategy shattered the "buy and never sell" myth as its Bitcoin sale triggered a market stampede, causing prices to break below the $70,000 level. The market has been plunged into profound panic and anxiety, with investors questioning whether MicroStrategy will continue its sell-off. How much further will Bitcoin prices fall, and when will they bottom out and rebound?

Bitcoin (BTC) briefly fell below the $60,000 mark on Friday as risk assets came under heavy pressure following a stronger-than-expected US jobs report. The US jobs data triggered a sharp repricing of Federal Reserve interest rate expectations, according to an X post by The Kobeissi Letter.

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