61609.490
Today
+0.08%
5 Days
+3.67%
1 Month
-8.76%
6 Months
-31.53%
Year to Date
-29.76%
1 Year
-43.49%
Opening Price
61510.130Previous Closing Price
61554.110The 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 price could retrace.
below 60830, expect 60070 and 59620.
as long as 60830 is support look for 62810.
Bitcoin (BTC) is facing renewed downside risks after exchange inflows surged to levels rarely seen this year, signaling the market could be entering another period of heightened volatility, according to a report by CryptoQuant on Thursday.

The recent volatility surrounding Strategy's perpetual preferred stock, STRC, could signal that Bitcoin (BTC) is approaching a cycle bottom, according to Bitwise CIO Matt Hougan.

The cryptocurrency market broadly rises on Thursday, reflecting improvement in risk sentiment following an extended period of selling pressure. Bitcoin (BTC) is back above $60,000 after testing support at $58,000 earlier in the week.

Bitcoin (BTC) is extending its recovery, trading above $61,000 at the time of writing on Thursday after slipping to a 21-month low the previous day. Reports of positive progress in indirect US-Iran talks in Doha lift investor confidence, supporting BTC’s rebound.

• Federal Reserve comments eased inflation concerns, triggering a Bitcoin price relief rally. • Spot Bitcoin ETFs experienced net outflows, reflecting a cooling of institutional demand. • Market recovery relies on stabilized ETF flows and improved regulatory clarity.

The broader cryptocurrency market is easing downside pressure, with US Federal Reserve Chairman Kevin Warsh's optimism about US growth driving Bitcoin (BTC) above $60,000.

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