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Bitcoin

BTCUSD
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77377.340

-2688.660-3.36%
TradingKey Chart
Time
1m
15m
30m
1h
4h
D
W
M
D

Today

-3.36%

5 Days

+6.52%

1 Month

+19.17%

6 Months

+18.20%

Year to Date

-11.78%

1 Year

-31.10%

Key Data Points

Opening Price

80044.000

Previous Closing Price

80066.000
Price Range of the Day
76858.00081423.170
52-Week Price Range
57778.840126073.430

Recent

Analysis

Bitcoin and Gold Outlook: BTC and XAU slide as Fed Chair goes hawkish

Bitcoin (BTC) and Gold (XAU/USD) are broadly retreating on Friday as investors reevaluate their positions after recent price gains. Bitcoin approached $81,500 earlier in the day but faced rejection, fueling the ongoing correction.

Fxstreet5 hours ago

Crypto Today: Bitcoin, Ethereum, XRP rally loses steam despite steady ETF inflows

Bitcoin (BTC) is back below $80,000 at the time of writing on Friday, after a second attempt at breaking resistance between $81,000 and $82,000. A daily close below $80,000 could raise the probability of an extended correction in search of liquidity.

Fxstreet11 hours ago

Bitcoin (BTCUSD) Is down 1.02% on Aug 28: What Do On-Chain Data and Market Sentiment Show?

• Bitcoin pulled back due to profit-taking near the $80,000 to $82,000 resistance zone. • Leverage unwinding and moderated ETF flows reinforced the intraday price decline. • Technical indicators show a buy signal alongside an overbought RSI condition.

TradingKey12 hours ago

Bitcoin Weekly Forecast: Billions in ETF inflows push BTC toward decisive breakout

Bitcoin (BTC) extends gains so far this week, trading near $80,000 after testing the 50-week Simple Moving Average (SMA) at $81,114 earlier.

Fxstreet12 hours ago

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.

Fxstreet17 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.

Fxstreet18 hours ago

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(3)
Neutral(2)
Buy(8)
Indicators
Sell(2)
Neutral(2)
Buy(3)
Indicators
Value
Direction
MACD(12,26,9)
1937.552
Buy
RSI(14)
70.575
Buy
STOCH(KDJ)(9,3,3)
78.492
Neutral
ATR(14)
2841.406
High Vlolatility
CCI(14)
62.541
Neutral
Williams %R
21.593
Buy
TRIX(12,20)
0.907
Sell
StochRSI(14)
0.000
Sell
Moving Average
Sell(1)
Neutral(0)
Buy(5)
Indicators
Value
Direction
MA5
78588.768
Sell
MA10
76674.713
Buy
MA20
70227.646
Buy
MA50
66700.373
Buy
MA100
66186.197
Buy
MA200
69259.622
Buy

Bitcoin Trading Strategy

Intraday
Medium Term
Short Term
The configuration is negative.

Trading Strategy

The configuration is negative.

Alternative scenario

above 78,539, look for 79,731 and 80,440.

Comment

The downside prevails as long as 78,539 is resistance, with 75,847 and 75,141 as targets

2 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

77377.340
-2688.660-3.36%
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