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60841.670USD

-766.330-1.24%
View Detailed Chart
Time
1m
15m
30m
1h
4h
D
W
D

Today

-1.24%

5 Days

-17.33%

1 Month

-25.41%

6 Months

-31.71%

Year to Date

-30.63%

1 Year

-39.40%

View Detailed Chart

Key Data Points

Opening Price

61243.290

Previous Closing Price

61608.000
Price Range of the Day
59470.00061469.990
52-Week Price Range
59071.930126073.430

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
Sell
Sell(9)
Neutral(0)
Buy(0)
Indicators
Sell(3)
Neutral(0)
Buy(0)
Indicators
Value
Direction
MACD(12,26,9)
-3140.869
Sell
RSI(14)
15.135
Oversold
STOCH(KDJ)(9,3,3)
11.927
Oversold
ATR(14)
2614.346
High Vlolatility
CCI(14)
-140.271
Sell
Williams %R
91.593
Oversold
TRIX(12,20)
-0.656
Sell
StochRSI(14)
0.000
Oversold
Moving Average
Sell(6)
Neutral(0)
Buy(0)
Indicators
Value
Direction
MA5
63653.484
Sell
MA10
68432.010
Sell
MA20
72575.093
Sell
MA50
76118.356
Sell
MA100
73058.969
Sell
MA200
78629.344
Sell

Bitcoin Trading Strategy

Intraday
Medium Term
Short Term
The configuration is negative.

Trading Strategy

The configuration is negative.

Alternative scenario

above 61510, look for 62210 and 62640.

Comment

the downside prevails as long as 61510 is resistance.

10 hours ago
Source: Trading Central(Reference Only)

Bitcoin News

Will Strategy Sell Coins in the Future? What Is the Future Price Trend of Bitcoin?

MicroStrategy shattered the "buy and never sell" myth as its Bitcoin sale triggered a market stampede, causing prices to break below the $70,000 level. The market has been plunged into profound panic and anxiety, with investors questioning whether MicroStrategy will continue its sell-off. How much further will Bitcoin prices fall, and when will they bottom out and rebound?

TradingKey43 minutes ago
MicroStrategy shattered the "buy and never sell" myth as its Bitcoin sale triggered a market stampede, causing prices to break below the $70,000 level. The market has been plunged into profound panic and anxiety, with investors questioning whether MicroStrategy will continue its sell-off. How much further will Bitcoin prices fall, and when will they bottom out and rebound?

Bitcoin briefly tips $60K, stocks decline as strong labor data fuels hawkish Fed expectations

Bitcoin (BTC) briefly fell below the $60,000 mark on Friday as risk assets came under heavy pressure following a stronger-than-expected US jobs report. The US jobs data triggered a sharp repricing of Federal Reserve interest rate expectations, according to an X post by The Kobeissi Letter.

Fxstreet16 hours ago
Bitcoin (BTC) briefly fell below the $60,000 mark on Friday as risk assets came under heavy pressure following a stronger-than-expected US jobs report. The US jobs data triggered a sharp repricing of Federal Reserve interest rate expectations, according to an X post by The Kobeissi Letter.

Breaking: Bitcoin slips below $60,000 for the first time since 2024

Bitcoin (BTC) has breached below $60,000 at press time on Friday, recording a 20% crash so far this week. Institutional selling and weak derivatives weigh on Bitcoin’s pullback, deepening downside risks as buyers lose the critical $60,000 support band.

Fxstreet21 hours ago
Bitcoin (BTC) has breached below $60,000 at press time on Friday, recording a 20% crash so far this week. Institutional selling and weak derivatives weigh on Bitcoin’s pullback, deepening downside risks as buyers lose the critical $60,000 support band.

Ripple Price Forecast: XRP tumbles toward $1.00 amid aggressive selling

Ripple (XRP) extends its downtrend, trading around $1.09 at the time of writing on Friday, its lowest level since November 2024.

Fxstreet23 hours ago
Ripple (XRP) extends its downtrend, trading around $1.09 at the time of writing on Friday, its lowest level since November 2024.

Bitcoin Plunges Toward $60,000 Mark. Strategy’s First Sale Triggers Panic, Spot ETFs Suffer Worst Outflows Ever

Tradingkey - June 5: Bitcoin is approaching a break below the $60,000 threshold. As of press time, it is down 5.24% at $60,463.21, marking its lowest price since February 6. On the news front, the cryptocurrency market is currently experiencing a wave of concentrated selling triggered by a "collapse of faith." MicroStrategy (MSTR), the world's largest corporate holder of Bitcoin, reportedly broke its years-long "buy only, never sell" iron rule. The company recently sold 32 Bitcoins; although the transaction size was minuscule, it triggered panic in the market far exceeding its actual magnitude.

TradingKey23 hours ago
Tradingkey - June 5: Bitcoin is approaching a break below the $60,000 threshold. As of press time, it is down 5.24% at $60,463.21, marking its lowest price since February 6. On the news front, the cryptocurrency market is currently experiencing a wave of concentrated selling triggered by a "collapse of faith." MicroStrategy (MSTR), the world's largest corporate holder of Bitcoin, reportedly broke its years-long "buy only, never sell" iron rule. The company recently sold 32 Bitcoins; although the transaction size was minuscule, it triggered panic in the market far exceeding its actual magnitude.

Crypto Today: Bitcoin, Ethereum, XRP trade under sustained selling pressure despite mild ETF inflows

Cryptocurrency prices remain under pressure as a risk-off mood persists on Friday, with Bitcoin (BTC) consolidating its losses above $62,000. Altcoins, including Ethereum (ETH) and Ripple (XRP), are extending their weakness, trading near lower support levels around $1,600 and $1.12, respectively.

FxstreetFri, Jun 5
Cryptocurrency prices remain under pressure as a risk-off mood persists on Friday, with Bitcoin (BTC) consolidating its losses above $62,000. Altcoins, including Ethereum (ETH) and Ripple (XRP), are extending their weakness, trading near lower support levels around $1,600 and $1.12, respectively.

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

60841.670
-766.330-1.24%
KeyAI