63653.110
Today
-0.08%
5 Days
-1.02%
1 Month
-1.08%
6 Months
-6.04%
Year to Date
-27.43%
1 Year
-46.37%
Opening Price
63712.660Previous Closing Price
63710.000Bitcoin (BTC) has remained trapped between $60,000 and $80,000 for six consecutive months, reflecting a market increasingly defined by apathy and weak trading activity.
Bitcoin (BTC) maintains a neutral outlook on Tuesday while testing support at $64,000. Investors appear to be sitting on the fence, awaiting a catalyst for a breakout above $65,000. Ethereum (ETH) follows in Bitcoin’s footsteps, trading below $1,900 while anchored above the $1,800 demand zone.
Bitcoin (BTC) struggles below $64,000 at the time of writing on Tuesday as rising Oil prices and uncertainty surrounding the US-Iran stalemate weigh on risk sentiment.
The broader cryptocurrency market shows mixed sentiment as Bitcoin (BTC) drops to $64,000 under institutional selling pressure. The Fear and Greed Index at 37, down from 40 the previous day, signals renewed bearish pressure.
BlackRock’s Head of Digital Assets Robert Mitchnick said the company has reduced the minimum for Bitcoin (BTC) exchange-traded fund (ETF) in-kind conversions from $25 million to $1 million.
Bitcoin (BTC) dropped below $64,000, down 2% on Monday, as it erased much of the momentum seen over the weekend. The decline follows reports of selling pressure from crypto-focused companies MARA Holdings (MARA) and Strategy (MSTR).
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 63,879 is resistance, with 62,525 and 62,204 as targets
above 63,879, look for 64,420 and 64,743.
The downside prevails as long as 63,879 is resistance, with 62,525 and 62,204 as targets
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