tradingkey.logo
tradingkey.logo
Search

Bitcoin

BTCUSD
Add to Watchlist

77729.150

+353.140+0.46%
TradingKey Chart
Time
1m
15m
30m
1h
4h
D
W
M
D

Today

+0.45%

5 Days

-0.89%

1 Month

+22.47%

6 Months

+12.09%

Year to Date

-11.38%

1 Year

-30.17%

Key Data Points

Opening Price

77286.000

Previous Closing Price

77376.010
Price Range of the Day
76938.00077870.000
52-Week Price Range
57778.840126073.430

Recent

Analysis

Crypto Overview: Bitcoin holds steady, resonates with Gold – ARB, PYTH extend gains

Bitcoin (BTC) price hovers above $77,000 on Thursday, losing bullish momentum as its correlation with Gold has risen to nearly 50% over the last 90 days. Arbitrum (ARB) and Pyth Network (PYTH) recorded double-digit gains over the last 24 hours, emerging as top performers.

Fxstreetan hour ago

Bitcoin holds $63K and $86K range as profit-taking risk builds

Bitcoin's (BTC) recovery faces growing resistance as the market trades between a major accumulation zone below current prices and a dense concentration of potential supply overhead, according to a Glassnode report published Wednesday.

Fxstreet4 hours ago

Crypto Today: Bitcoin, Ethereum, XRP edge lower as renewed US-Iran tensions weigh

The cryptocurrency market is pulling back broadly on Wednesday as investors adopt a cautious stance, with Bitcoin (BTC) consolidating near its short-term support at $77,000.

Fxstreet19 hours ago

Bitcoin Price Forecast: BTC faces pressure as ETF outflows, Fed rate-hike bets weigh

Bitcoin (BTC) remains under pressure, trading around $77,600 on Wednesday, after slipping 1.45% the previous day.

Fxstreet19 hours ago

Top 3 Price Prediction: Bitcoin, Ethereum, Ripple – BTC, ETH, XRP under pressure as momentum indicators flag early bearish signals

Bitcoin (BTC), Ethereum (ETH) and Ripple (XRP) remain under pressure on Wednesday, with technical indicators suggesting early weakening momentum across the top three cryptocurrencies following massive gains in August.

FxstreetWed, Sep 2

Crypto Overview: US-Iran tensions weigh on Bitcoin – FIL, UNI lead gains

Bitcoin (BTC) is trading below $77,000 on Wednesday, extending losses amid renewed risk-off sentiment, with the US and Iran trading new military strikes the previous day. Filecoin (FIL) and Uniswap (UNI) have emerged as top performers over the last 24 hours.

FxstreetWed, Sep 2

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
Neutral
Sell(4)
Neutral(3)
Buy(5)
Indicators
Sell(2)
Neutral(3)
Buy(1)
Indicators
Value
Direction
MACD(12,26,9)
-342.018
Neutral
RSI(14)
66.948
Neutral
STOCH(KDJ)(9,3,3)
29.222
Sell
ATR(14)
2604.238
Low Volatility
CCI(14)
-48.897
Neutral
Williams %R
41.911
Buy
TRIX(12,20)
0.848
Sell
StochRSI(14)
10.534
Oversold
Moving Average
Sell(2)
Neutral(0)
Buy(4)
Indicators
Value
Direction
MA5
77973.302
Sell
MA10
78200.794
Sell
MA20
74486.988
Buy
MA50
68379.829
Buy
MA100
66260.242
Buy
MA200
69551.455
Buy

Bitcoin Trading Strategy

Intraday
Medium Term
Short Term
The downside prevails as long as 79,393 is resistance, with 76,245 and 75,535 as targets

Trading Strategy

The downside prevails as long as 79,393 is resistance, with 76,245 and 75,535 as targets

Alternative scenario

above 79,393, look for 80,598 and 81,315.

Comment

The downside prevails as long as 79,393 is resistance, with 76,245 and 75,535 as targets

50 minutes 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

77729.150
+353.140+0.46%
tradingkey.logo
Risk Warning: Our Website and Mobile App provides only general information on certain investment products. Finsights does not provide, and the provision of such information must not be construed as Finsights providing, financial advice or recommendation for any investment product.
Investment products are subject to significant investment risks, including the possible loss of the principal amount invested and may not be suitable for everyone. Past performance of investment products is not indicative of their future performance.
Finsights may allow third party advertisers or affiliates to place or deliver advertisements on our Website or Mobile App or any part thereof and may be compensated by them based on your interaction with the advertisements.
© Copyright: FINSIGHTS MEDIA PTE. LTD. All Rights Reserved.