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Bitcoin

BTCUSD
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77986.000

+495.810+0.64%
TradingKey Chart
Time
1m
15m
30m
1h
4h
D
W
M
D

Today

+0.66%

5 Days

+24.06%

1 Month

+17.52%

6 Months

+14.19%

Year to Date

-11.07%

1 Year

-30.56%

Key Data Points

Opening Price

77923.300

Previous Closing Price

77490.190
Price Range of the Day
77872.00078166.230
52-Week Price Range
57778.840126073.430

Recent

Analysis

Bitcoin eyes breakout above $80,000 as macro tailwinds build

Bitcoin’s (BTC) latest rally is primarily driven by improving macroeconomic conditions rather than crypto-specific factors, according to a Thursday report by CoinShares.

Fxstreet2 hours ago

Bitcoin on-chain signals flip bullish, but huge unrealized losses could cap gains

Bitcoin (BTC) is showing early signs of a potential shift in market conditions, with key on-chain signals flipping bullish.

Fxstreet3 hours ago

Bitcoin vs Gold: Risk-on sentiment fuels rallies in BTC and XAU

Bitcoin (BTC) upholds a strong bullish outlook, trading near $78,000 on Friday. Since Monday, the Crypto King has surged by roughly 25%, reflecting a notable shift in risk appetite, especially through Exchange-Traded Funds (ETFs) and derivatives.

Fxstreet9 hours ago

Bitcoin Weekly Forecast: The US Treasury saves BTC

Bitcoin (BTC) extends gains, trading above $77,000 on Friday after rallying over 20% and reaching its highest level since mid-May.

Fxstreet15 hours ago

Crypto Today: Bitcoin, Ethereum, XRP bulls accelerate rally amid rising ETF inflows

The cryptocurrency market remains bullish on Friday, led by Bitcoin’s (BTC) surge above $77,000. Altcoins, including Ethereum (ETH) and Ripple (XRP), mirror BTC’s positive outlook, trading near $2,400 and $1.35, respectively.

Fxstreet16 hours ago

Bitcoin (BTCUSD) Is up 2.91% on Aug 21: Key Drivers to Watch

• Bitcoin advanced due to macroeconomic liquidity support, ETF inflows, and favorable regulations. • Institutional accumulation accelerated through U.S. spot Bitcoin exchange-traded funds. • Technical indicators show a buy signal alongside overbought conditions.

TradingKey21 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(1)
Neutral(0)
Buy(8)
Indicators
Sell(1)
Neutral(0)
Buy(2)
Indicators
Value
Direction
MACD(12,26,9)
3156.710
Buy
RSI(14)
85.362
Overbought
STOCH(KDJ)(9,3,3)
88.946
Overbought
ATR(14)
1985.841
High Vlolatility
CCI(14)
195.163
Buy
Williams %R
8.802
Overbought
TRIX(12,20)
0.311
Sell
StochRSI(14)
100.000
Overbought
Moving Average
Sell(0)
Neutral(0)
Buy(6)
Indicators
Value
Direction
MA5
72333.678
Buy
MA10
67840.534
Buy
MA20
66109.205
Buy
MA50
64882.217
Buy
MA100
66158.349
Buy
MA200
68994.230
Buy

Bitcoin Trading Strategy

Intraday
Medium Term
Short Term
As long as 76,346 is support, look for 78,476

Trading Strategy

As long as 76,346 is support, look for 78,476

Alternative scenario

below 76,346, expect 75,741 and 75,381.

Comment

As long as 76,346 is support, look for 78,476

6 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

77986.000
+495.810+0.64%
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