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Bitcoin

BTCUSD
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79286.000

+863.960+1.10%
TradingKey Chart
Time
1m
15m
30m
1h
4h
D
W
M
D

Today

+1.14%

5 Days

+14.92%

1 Month

+22.74%

6 Months

+17.69%

Year to Date

-9.57%

1 Year

-28.68%

Key Data Points

Opening Price

78584.410

Previous Closing Price

78422.040
Price Range of the Day
78523.72080490.000
52-Week Price Range
57778.840126073.430

Recent

Analysis

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.

Fxstreetan hour 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.

Fxstreet3 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.

Fxstreet9 hours ago

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.

Fxstreet10 hours ago

Bessent’s bond moves and dollar weaponization strengthen Bitcoin's case — Bitwise

US Treasury Secretary Scott Bessent’s recent actions have strengthened two of the strongest arguments for Bitcoin (BTC), according to Bitwise CIO Matt Hougan.

Fxstreet17 hours ago

Bitcoin Price Forecast: BTC recovery stalls near $80,000 as ETF inflows mount, whale demand strengthens

Bitcoin (BTC) price is trading in the green on Wednesday, holding above $78,000 while struggling to extend its recovery above the $80,000 mark. Institutional demand is strengthening, with steady inflows and BlackRock’s tax-deferred Bitcoin-to-ETF swap volume reaching $5 billion.

FxstreetWed, Aug 26

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(1)
Neutral(1)
Buy(8)
Indicators
Sell(1)
Neutral(1)
Buy(2)
Indicators
Value
Direction
MACD(12,26,9)
2477.062
Buy
RSI(14)
82.925
Overbought
STOCH(KDJ)(9,3,3)
86.917
Overbought
ATR(14)
2570.934
High Vlolatility
CCI(14)
80.960
Neutral
Williams %R
10.486
Overbought
TRIX(12,20)
0.852
Sell
StochRSI(14)
34.582
Buy
Moving Average
Sell(0)
Neutral(0)
Buy(6)
Indicators
Value
Direction
MA5
78430.020
Buy
MA10
75313.418
Buy
MA20
69571.999
Buy
MA50
66402.733
Buy
MA100
66180.966
Buy
MA200
69220.443
Buy

Bitcoin Trading Strategy

Intraday
Medium Term
Short Term
Under pressure below 80,389, with 77,547 and 76,825 as targets

Trading Strategy

Under pressure below 80,389, with 77,547 and 76,825 as targets

Alternative scenario

above 80,389, look for 81,609 and 82,335.

Comment

Under pressure below 80,389, with 77,547 and 76,825 as targets

an hour 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

79286.000
+863.960+1.10%
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