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Bitcoin

BTCUSD
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63653.110

-56.890-0.09%
TradingKey Chart
Time
1m
15m
30m
1h
4h
D
W
D

Today

-0.08%

5 Days

-1.02%

1 Month

-1.08%

6 Months

-6.04%

Year to Date

-27.43%

1 Year

-46.37%

Key Data Points

Opening Price

63712.660

Previous Closing Price

63710.000
Price Range of the Day
63504.01063738.570
52-Week Price Range
57778.840126073.430

Recent

Analysis

Bitcoin risks liquidation-driven spikes amid deepening market apathy

Bitcoin (BTC) has remained trapped between $60,000 and $80,000 for six consecutive months, reflecting a market increasingly defined by apathy and weak trading activity.

Fxstreet4 hours ago

Crypto Today: Bitcoin and Ethereum consolidate, XRP dips as optimism for a US-Iran deal fades

Bitcoin (BTC) maintains a neutral outlook on Tuesday while testing support at $64,000. Investors appear to be sitting on the fence, awaiting a catalyst for a breakout above $65,000. Ethereum (ETH) follows in Bitcoin’s footsteps, trading below $1,900 while anchored above the $1,800 demand zone.

Fxstreet13 hours ago

Bitcoin Price Forecast: BTC retreats as ETF outflows, US‑Iran stalemate revive inflation worries

Bitcoin (BTC) struggles below $64,000 at the time of writing on Tuesday as rising Oil prices and uncertainty surrounding the US-Iran stalemate weigh on risk sentiment.

Fxstreet17 hours ago

Crypto Market Overview: Bitcoin softens on institutional selling – CRV, ICP outperform

The broader cryptocurrency market shows mixed sentiment as Bitcoin (BTC) drops to $64,000 under institutional selling pressure. The Fear and Greed Index at 37, down from 40 the previous day, signals renewed bearish pressure.

Fxstreet21 hours ago

BlackRock lowers Bitcoin ETF in-kind conversion minimum to $1M

BlackRock’s Head of Digital Assets Robert Mitchnick said the company has reduced the minimum for Bitcoin (BTC) exchange-traded fund (ETF) in-kind conversions from $25 million to $1 million.

Fxstreet23 hours ago

Bitcoin slips 2% as MARA, Strategy report BTC selling

Bitcoin (BTC) dropped below $64,000, down 2% on Monday, as it erased much of the momentum seen over the weekend. The decline follows reports of selling pressure from crypto-focused companies MARA Holdings (MARA) and Strategy (MSTR).

FxstreetMon, Aug 10

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(8)
Neutral(3)
Buy(1)
Indicators
Sell(3)
Neutral(3)
Buy(0)
Indicators
Value
Direction
MACD(12,26,9)
-126.431
Neutral
RSI(14)
46.307
Neutral
STOCH(KDJ)(9,3,3)
38.811
Sell
ATR(14)
1194.359
Low Volatility
CCI(14)
-50.294
Neutral
Williams %R
57.007
Sell
TRIX(12,20)
0.022
Sell
StochRSI(14)
0.000
Oversold
Moving Average
Sell(5)
Neutral(0)
Buy(1)
Indicators
Value
Direction
MA5
64323.774
Sell
MA10
64382.877
Sell
MA20
64148.699
Sell
MA50
63381.224
Buy
MA100
67449.275
Sell
MA200
69755.879
Sell

Bitcoin Trading Strategy

Intraday
Medium Term
Short Term
The downside prevails as long as 63,879 is resistance, with 62,525 and 62,204 as targets

Trading Strategy

The downside prevails as long as 63,879 is resistance, with 62,525 and 62,204 as targets

Alternative scenario

above 63,879, look for 64,420 and 64,743.

Comment

The downside prevails as long as 63,879 is resistance, with 62,525 and 62,204 as targets

58 minutes 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

63653.110
-56.890-0.09%
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