Bitcoin
Today
+1.03%
5 Days
-2.87%
1 Month
-8.16%
6 Months
-1.06%
Year to Date
-11.59%
1 Year
-29.43%
TradingKey Timing Strategy - Bitcoin
TK Alpha generates a daily timing score ranging from -100 to +100 and maps it to long, flat, short, or leveraged positions. The score reflects both the strategy’s directional view and the strength of its target exposure.
Alpha Gauge
The TK Alpha Gauge is a proprietary, comprehensive daily updated indicator developed by Tradingkey that reflects our outlook on specific financial instruments. Utilizing a long-proven AI framework, the index analyzes hundreds of proprietary price-volume, fundamental, and alternative data predictors. Values range from -100 to 100. Negative values signify a bearish (pessimistic) outlook, while positive values indicate a bullish (optimistic) stance. The further the value from zero, the stronger the quantitative signal. It provides quantitative insight into directional forecasts.
Strategy Data
Historical Return
Bitcoin Trading Strategy
Trading Strategy
The downside prevails as long as 77,440 is resistance, with 75,835 and 75,423 as targets
Alternative scenario
above 77,440, look for 78,136 and 78,550.
Comment
The downside prevails as long as 77,440 is resistance, with 75,835 and 75,423 as targets
Bitcoin (BTC) trades downward at $76,566 on Tuesday, testing six-week lows. The Crypto King's path of least resistance has remained largely sideways after the historic $6.3 billion Binance hack last week, with prevailing doldrums linked to reduced risk appetite and capital outflows.
Bitcoin (BTC) slips toward the key support zone around $76,455 on Tuesday, after falling nearly 2% the previous day. The largest cryptocurrency by market capitalization nears a make-or-break level, with a daily close below $76,455 suggesting a deeper breakdown.
Strategy (MSTR) has resumed accumulating Bitcoin (BTC) after a one-week pause, purchasing 811 BTC for approximately $65.5 million as the top crypto continues trading below $80,000.
Bitcoin (BTC) braces for the impact of the US midterm elections, just a week after the $6 billion hack from Binance. Historically, congressional elections have negatively affected not just the president’s party but also Bitcoin.
Bitcoin (BTC) slips below $78,000 at the time of writing on Monday after posting its fourth straight weekly loss. Institutional demand shows signs of weakening, with spot Exchange Traded Funds (ETFs) recording outflows of over $202 million last week.
Bitcoin (BTC) trades in lockstep around the initial $78,000 psychological support on Monday. This consolidation follows a sharp correction last week, triggered by investor reaction to the $6.3 billion Binance hack.
Bitcoin Technical Analysis
Related Instruments
Ethereum
Bitcoin Cash
Litecoin
Dogecoin
XRP
Solana
ApeCoin
Algorand
Cardano
TRON
AC Milan Fan Token
dYdX (ethDYDX)
Curve DAO Token
Ethereum Name Service
Axie Infinity
Santos FC Fan Token
FC Barcelona Fan Token
Enjin Coin
PolkadotPopular Instruments
