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Bitcoin

BTCUSD
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79708.520

-357.480-0.45%
TradingKey Chart
Time
1m
15m
30m
1h
4h
D
W
M
D

Today

-0.44%

5 Days

+9.74%

1 Month

+22.77%

6 Months

+21.77%

Year to Date

-9.12%

1 Year

-29.02%

Key Data Points

Opening Price

80044.000

Previous Closing Price

80066.000
Price Range of the Day
79531.99081423.170
52-Week Price Range
57778.840126073.430

Recent

Analysis

Crypto Overview: Bitcoin tops $80,000 amid $6 billion options expiry – Ethena, Official Trump rally

The broader cryptocurrency market maintains a bullish character, with Bitcoin (BTC) advancing above $80,000 on Friday amid a $6.16 billion options expiry. Ethena (ENA) extends double-digit gains over the last 24 hours as Ethena Foundation announces buyback of early investors and revenue buyback.

Fxstreet4 hours ago

Top 3 Price Prediction: Bitcoin, Ethereum, Ripple – BTC, ETH, XRP extend bullish runs as technicals warn of stretched momentum

Bitcoin (BTC) and Ethereum (ETH) extend gains on Friday, trading above $80,000 and $2,500, respectively, having rallied over 3% and 1.5% so far this week. Meanwhile, Ripple (XRP) hovers around $1.44 on Friday, down more than 5% this week.

Fxstreet5 hours ago

Bitcoin Price Forecast: BTC extends gains as investors shift to debasement-resistant assets

Bitcoin (BTC) is extending its rally toward $80,000 on Thursday, maintaining its steady gains from last week. Eric Balchunas, a Bloomberg ETF analyst, points to rising demand for Bitcoin amid a broader market debasement.

Fxstreet20 hours ago

Crypto Today: Bitcoin, Ethereum, XRP bulls regain strength amid steady capital inflows

Cryptocurrency prices are broadly edging higher on Thursday, led by Bitcoin’s (BTC) uptick near $80,000. Altcoins mirror Bitcoin’s short-term bullish outlook, with Ethereum (ETH) trading above $2,500 and Ripple (XRP) hovering above its key $1.40 support.

Fxstreet22 hours ago

Crypto Overview: Bitcoin holds at $78,000 amid US PCE surprise – SPX6900, VeChain rally

The broader cryptocurrency market maintains a constructive tone, with Bitcoin (BTC) sustaining gains above $78,000 on Thursday. The US July Personal Consumption Expenditures (PCE) Price Index inflation came in higher than expected on Wednesday, suggesting that inflation remains elevated.

FxstreetThu, Aug 27

Bitcoin faces recovery test above $80K as ETF demand strengthens — Glassnode

Bitcoin’s (BTC) recent rally has sharply reduced leverage across the market while attracting strong institutional demand, according to Glassnode.

FxstreetThu, Aug 27

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
Buy
Sell(2)
Neutral(1)
Buy(7)
Indicators
Sell(2)
Neutral(1)
Buy(1)
Indicators
Value
Direction
MACD(12,26,9)
2242.242
Buy
RSI(14)
82.071
Overbought
STOCH(KDJ)(9,3,3)
88.002
Overbought
ATR(14)
2650.406
High Vlolatility
CCI(14)
78.210
Neutral
Williams %R
8.852
Overbought
TRIX(12,20)
0.920
Sell
StochRSI(14)
12.930
Sell
Moving Average
Sell(0)
Neutral(0)
Buy(6)
Indicators
Value
Direction
MA5
79066.206
Buy
MA10
76913.432
Buy
MA20
70347.006
Buy
MA50
66748.117
Buy
MA100
66210.069
Buy
MA200
69271.558
Buy

Bitcoin Trading Strategy

Intraday
Medium Term
Short Term
The upside prevails as long as 79,345 is support, with 82,099 and 82,836 as targets

Trading Strategy

The upside prevails as long as 79,345 is support, with 82,099 and 82,836 as targets

Alternative scenario

below 79,345, expect 78,111 and 77,377.

Comment

The upside prevails as long as 79,345 is support, with 82,099 and 82,836 as targets

3 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

79708.520
-357.480-0.45%
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