79300.000
Today
-0.88%
5 Days
+9.25%
1 Month
+22.22%
6 Months
+21.23%
Year to Date
-9.52%
1 Year
-29.34%
Opening Price
80044.000Previous Closing Price
80066.000Bitcoin (BTC) is back below $80,000 at the time of writing on Friday, after a second attempt at breaking resistance between $81,000 and $82,000. A daily close below $80,000 could raise the probability of an extended correction in search of liquidity.
• Bitcoin pulled back due to profit-taking near the $80,000 to $82,000 resistance zone. • Leverage unwinding and moderated ETF flows reinforced the intraday price decline. • Technical indicators show a buy signal alongside an overbought RSI condition.
Bitcoin (BTC) extends gains so far this week, trading near $80,000 after testing the 50-week Simple Moving Average (SMA) at $81,114 earlier.
The broader cryptocurrency market maintains a bullish character, with Bitcoin (BTC) advancing above $80,000 on Friday amid a $6.16 billion options expiry. Ethena (ENA) extends double-digit gains over the last 24 hours as Ethena Foundation announces buyback of early investors and revenue buyback.
Bitcoin (BTC) and Ethereum (ETH) extend gains on Friday, trading above $80,000 and $2,500, respectively, having rallied over 3% and 1.5% so far this week. Meanwhile, Ripple (XRP) hovers around $1.44 on Friday, down more than 5% this week.
Bitcoin (BTC) is extending its rally toward $80,000 on Thursday, maintaining its steady gains from last week. Eric Balchunas, a Bloomberg ETF analyst, points to rising demand for Bitcoin amid a broader market debasement.
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 downside prevails as long as 80,277 is resistance, with 77,587 and 76,865 as targets
above 80,277, look for 81,495 and 82,220.
The downside prevails as long as 80,277 is resistance, with 77,587 and 76,865 as targets
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