79667.040
Today
-2.18%
5 Days
-0.50%
1 Month
+24.98%
6 Months
+8.78%
Year to Date
-9.17%
1 Year
-28.93%
Opening Price
81354.630Previous Closing Price
81443.000Bitcoin (BTC) is back below $80,000 at the time of writing on Friday, after an earlier rejection near $81,500. The largest cryptocurrency by market capitalization aims for short-term support at $79,000, which could encourage dip buying.
Bitcoin (BTC) is trading around $81,000 on Friday, up over 4% so far this week, and awaits a key catalyst that could determine its next directional move.
Cryptocurrency prices are generally taking a breather at the time of writing on Friday, with Bitcoin (BTC) edging lower toward $80,000. This correction follows the sharp move to highs at $81,269 the previous day, underpinning renewed investor appetite.
• Bitcoin pulled back due to profit-taking near the $82,000 psychological resistance level. • The retreat was driven by derivative liquidations and overbought momentum indicator conditions. • Technical indicators including MACD, RSI, and Williams %R currently suggest buy signals.
Bitcoin (BTC) is trading above $80,000 on Friday, sustaining the broader cryptocurrency market's risk-on sentiment. Federal Reserve (Fed) Governor Christopher Waller signaled support for a potential pause in interest rates on Thursday, lowering the odds of a September rate hike to 50%.
Bitcoin (BTC), Ethereum (ETH) and Ripple (XRP) extend their weekly gains on Friday as traders await the US Nonfarm Payrolls (NFP) report for the next directional catalyst.
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 80,068 is resistance, with 78,377 and 77,987 as targets
above 80,068, look for 80,726 and 81,118.
The downside prevails as long as 80,068 is resistance, with 78,377 and 77,987 as targets
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