Bitcoin
Today
-1.07%
5 Days
-4.99%
1 Month
-3.70%
6 Months
+5.29%
Year to Date
-8.31%
1 Year
-28.63%
TradingKey Timing Strategy - Bitcoin
TK Alpha generates a daily timing score ranging from -100 to +100 and maps it to long, flat, short, or leveraged positions. The score reflects both the strategy’s directional view and the strength of its target exposure.
Alpha Gauge
The TK Alpha Gauge is a proprietary, comprehensive daily updated indicator developed by Tradingkey that reflects our outlook on specific financial instruments. Utilizing a long-proven AI framework, the index analyzes hundreds of proprietary price-volume, fundamental, and alternative data predictors. Values range from -100 to 100. Negative values signify a bearish (pessimistic) outlook, while positive values indicate a bullish (optimistic) stance. The further the value from zero, the stronger the quantitative signal. It provides quantitative insight into directional forecasts.
Strategy Data
Historical Return
Bitcoin Trading Strategy
Trading Strategy
The downside prevails as long as 80,579 is resistance, with 78,750 and 78,321 as targets
Alternative scenario
above 80,579, look for 81,303 and 81,733.
Comment
The downside prevails as long as 80,579 is resistance, with 78,750 and 78,321 as targets
• Bitcoin faced selling pressure from macroeconomic headwinds and hawkish monetary policy signals. • Institutional capital flows cooled, accompanied by a persistently negative Coinbase premium indicator. • Technical indicators show negative MACD and Williams %R values indicating sell conditions.
Bitcoin (BTC) climbed above $81,000 on Wednesday as the Federal Reserve (Fed) kept interest rates unchanged at 3.75%–4.00% in a 10–2 vote. The decision came as the top crypto's realized volatility fell to levels last seen in the summer of 2023.
Bitcoin (BTC) reclaimed $81,000 on Wednesday, extending its recovery as investors wait for the Federal Reserve (Fed) monetary policy decision and upcoming Big Tech earnings.
Bitcoin (BTC) has renewed its advance above $81,000 on Wednesday, lifting sentiment across the cryptocurrency market ahead of the upcoming Federal Reserve’s (Fed) interest rate decision.
• Bitcoin advanced as improved global equity risk appetite boosted digital assets. • U.S. spot Bitcoin ETFs recorded renewed net inflows and institutional accumulation. • Derivatives market stabilization and technical support levels aided price recovery.
Bitcoin (BTC), Ethereum (ETH) and Ripple (XRP) extend their recovery on Wednesday as investors turn their attention to major technology companies' earnings reports. Microsoft and Alphabet are due to report their Q3 earnings on Wednesday, followed by Amazon on Thursday.
Bitcoin Technical Analysis
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