78959.630USD
Today
+1.27%
5 Days
-11.58%
1 Month
-9.98%
6 Months
-32.16%
Year to Date
-9.98%
1 Year
-22.64%
Opening Price
78872.310Previous Closing Price
77969.020The 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.
Our preference: the downside prevails as long as 78600 is resistance.
above 78600, look for 79550 and 80110.
the downside prevails as long as 78600 is resistance.
Bitcoin (BTC) is extending its downside momentum at the time of writing on Friday, slipping below the critical $84,450 support level as a confluence of macroeconomic headwinds and risk-off sentiment grips global markets.
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Bitcoin (BTC) price extends correction, trading below $82,000 after sliding more than 5% so far this week. The bearish price action in BTC was fueled by fading institutional demand, as evidenced by spot Exchange-Traded Funds (ETFs), which recorded $978 million in inflows through Thursday.
Cryptocurrencies experienced another sharp sell-off as Kevin Warsh emerged as a potential candidate for Federal Reserve Chair, and the U.S. SEC delayed the issuance of crypto innovation exemption measures.
Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP) continued their corrections on Friday, posting weekly losses of nearly 6%, 3%, and 5%, respectively. BTC is nearing the November lows at $80,000, while ETH slips below $2,800 amid increasing downside pressure.
Bitcoin (BTC) broke below $85,000 in the North American session on Thursday, dropping nearly 3% in the one-hour timeframe.
