69198.010
Today
+0.32%
5 Days
+8.68%
1 Month
+7.08%
6 Months
+3.57%
Year to Date
-21.06%
1 Year
-40.46%
Opening Price
69592.380Previous Closing Price
69018.060The cryptocurrency market has seen nearly $2 billion in liquidations over the past 24 hours, its largest since February 5.
• Institutional capital returned through consecutive net inflows into spot Bitcoin ETFs. • Macroeconomic liquidity shifts and easing Federal Reserve rate expectations stabilized risk appetite. • Derivatives data showed healthy market structure driven by spot demand.
Bitcoin’s (BTC) upside remains capped on Wednesday while the downside appears strongly supported above $64,000. The Crypto King’s early week rebound lost momentum near $65,000 as investors assessed the impact of geopolitical tensions in the Middle East.
Bitcoin (BTC) edges lower toward the 50-day Exponential Moving Average (EMA) around $64,370 at the time of writing on Wednesday after posting a 2.9% gain over the previous two days. The recovery is supported by renewed institutional demand, with ETFs accumulating inflows so far this week.
Bitcoin (BTC) hovers above $64,000 on Wednesday, facing persistent headwinds amid hopes of a potential bullish reversal. Crypto market sentiment shows early signs of shifting away from risk-averse conditions, while Venice Token (VVV) and Sky (SKY) are leading gains over the past 24 hours.
Bitcoin (BTC) shows early signs of recovery, trading around $63,400 on Wednesday after a 2.9% gain and a close above key resistance earlier this week.
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.
The upside prevails as long as 67,317 is support, with 69,685 and 70,009 as targets
below 67,317, expect 66,784 and 66,466.
The upside prevails as long as 67,317 is support, with 69,685 and 70,009 as targets
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