78009.990
Today
-0.72%
5 Days
+0.82%
1 Month
+20.47%
6 Months
+12.49%
Year to Date
-11.07%
1 Year
-28.13%
Opening Price
78489.990Previous Closing Price
78567.330The cryptocurrency market is broadly consolidating on Monday, with select assets posting modest gains. Bitcoin (BTC) remains resilient above $78,000 as investors anticipate a renewed push toward $80,000.
Bitcoin (BTC) trades near $78,000 on Monday, consolidating after its recent rally as strong institutional demand continues to provide support. However, escalating Middle East tensions, rising oil prices and growing inflation concerns dampened risk appetite, which could cap the Crypto King’s upside.
Bitcoin (BTC) price is trading above $77,000 on Monday, sustaining monthly gains of over 20% so far. The technical outlook for Bitcoin is bullish as the price holds above a crucial retracement support level at $76,706 amid broader market risk-on sentiment.
Bitcoin (BTC), Ethereum (ETH) and Ripple (XRP) have paused their gains after facing a slight pullback last week following their recent massive gains. BTC trades around $77,900 on Monday, and ETH faces selling pressure near the key $2,500 resistance level.
• Spot exchange-traded fund inflows supported sustained Bitcoin demand and institutional allocations. • Macroeconomic liquidity dynamics and lower real yields favored scarce digital assets. • Technical indicators including the MACD and RSI signaled buy conditions.
• Persistent spot ETF inflows and macro liquidity supported Bitcoin capital flows. • Institutional accumulation and derivatives market dynamics stabilized the broader market structure. • Technical indicators show buy signals while noting overbought conditions for Bitcoin.
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 79,393 is resistance, with 76,245 and 75,535 as targets
above 79,393, look for 80,598 and 81,315.
The downside prevails as long as 79,393 is resistance, with 76,245 and 75,535 as targets
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