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Bitcoin

BTCUSD
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79149.390

-732.610-0.92%
TradingKey Chart
Time
1m
15m
30m
1h
4h
D
W
M
D

Today

-0.92%

5 Days

+0.74%

1 Month

+22.88%

6 Months

+16.02%

Year to Date

-9.76%

1 Year

-28.08%

Key Data Points

Opening Price

79942.000

Previous Closing Price

79882.000
Price Range of the Day
78926.95080529.990
52-Week Price Range
57778.840126073.430

Recent

Analysis

Bitcoin (BTCUSD) Fluctuated Significantly on Sep 7: Key Variables Behind the Move

• Macro liquidity conditions and U.S. interest rate expectations created Bitcoin downward pressure. • Holiday-thinned trading sessions and technical resistance amplified the localized market liquidity pullback. • Spot Bitcoin ETFs maintained net capital inflows despite short-term macro headwinds.

TradingKey37 minutes ago

Bitcoin Price Forecast: Strong ETF demand supports BTC as elevated Fed hike bets cap upside

Bitcoin (BTC) trades near $79,500 at the time of writing on Monday, consolidating near the recent highs after gaining more than 3.4% last week.

Fxstreet4 hours ago

Crypto Today: Bitcoin, Ethereum, XRP falter despite steady spot ETF inflows

Cryptocurrency prices are facing a broad correction on Monday, following failed attempts to break through key resistance levels. Bitcoin (BTC) is retreating toward $79,000 at the time of writing, pressured by ongoing profit-taking and persistent macroeconomic headwinds.

Fxstreet5 hours ago

Crypto Overview: Bitcoin faces sell wall at $82,850 amid $1 billion crypto ETF inflows – Jupiter, Zcash rally

Bitcoin (BTC) price tumbles below $80,000 on Monday amid improved odds of a rate hike with the robust US employment data. Institutional demand holds firm with crypto-focused Exchange Traded Funds (ETFs) recording nearly $1.25 billion in inflows last week.

Fxstreet11 hours ago

Top 3 Price Prediction: Bitcoin, Ethereum, Ripple – BTC consolidates near recent highs, ETH and XRP defend key bullish supports

Bitcoin (BTC), Ethereum (ETH) and Ripple (XRP) maintain a constructive outlook on Monday after gaining more than 3.4%, 4% and 4.8%, respectively, last week. BTC holds steady near $80,000 while ETH and XRP show resilience and defend key support zones.

Fxstreet12 hours ago

Bitcoin & Gold Outlook: BTC and XAU correct as US Nonfarm Payrolls rise by 162K in August

Bitcoin (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.

FxstreetFri, Sep 4

Indicators

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.

1m
5m
15m
30m
1h
2h
4h
D
W
M
1m
5m
15m
D
Buy
Sell(2)
Neutral(5)
Buy(5)
Indicators
Sell(1)
Neutral(5)
Buy(0)
Indicators
Value
Direction
MACD(12,26,9)
-525.029
Neutral
RSI(14)
64.150
Neutral
STOCH(KDJ)(9,3,3)
54.361
Neutral
ATR(14)
2311.575
Low Volatility
CCI(14)
50.553
Neutral
Williams %R
50.945
Neutral
TRIX(12,20)
0.739
Sell
StochRSI(14)
0.000
Oversold
Moving Average
Sell(1)
Neutral(0)
Buy(5)
Indicators
Value
Direction
MA5
79977.430
Sell
MA10
79018.358
Buy
MA20
77846.535
Buy
MA50
69677.307
Buy
MA100
66520.298
Buy
MA200
69814.876
Buy

Bitcoin Trading Strategy

Intraday
Medium Term
Short Term
The downside prevails as long as 80,048 is resistance, with 78,602 and 78,211 as targets

Trading Strategy

The downside prevails as long as 80,048 is resistance, with 78,602 and 78,211 as targets

Alternative scenario

above 80,048, look for 80,707 and 81,099.

Comment

The downside prevails as long as 80,048 is resistance, with 78,602 and 78,211 as targets

2 hours ago
Source: Trading Central(Reference Only)

More Details of Bitcoin

In January 2009, Bitcoin was launched as a decentralized cryptocurrency, originally detailed in a 2008 whitepaper by an individual or group under the pseudonym Satoshi Nakamoto. This peer-to-peer digital currency enables direct transactions between equal, independent participants without requiring intermediaries. Nakamoto designed Bitcoin to facilitate “online payments to be sent directly from one party to another without going through a financial institution.” While earlier concepts for decentralized electronic currencies existed, Bitcoin is distinguished as the first cryptocurrency to achieve practical implementation.

Is Bitcoin anonymous?

No, Bitcoin is not completely anonymous. While user identities are encrypted, all Bitcoin transactions are publicly recorded on the blockchain, so Bitcoin is more accurately described as "pseudonymous" rather than fully anonymous.

Who developed Bitcoin?

Bitcoin was originally described in a 2008 whitepaper by a person or group of people using the pseudonym Satoshi Nakamoto. Nakamoto launched the Bitcoin network in January 2009 and mined the first block, known as the genesis block. While Nakamoto was the original inventor, the Bitcoin code has been contributed to by over 750 developers over the years, with key contributors including Gavin Andresen, Wladimir J. van der Laan, Marco Falke, Pieter Wuille, and others.

Why is the Bitcoin price so volatile?

The Bitcoin price tends to be very volatile because Bitcoin is a new and speculative asset. The price can fluctuate a lot based on factors like news, regulations, and adoption rates. The relative youth and speculative nature of the Bitcoin market contributes to its high price volatility.

Bitcoin

79149.390
-732.610-0.92%
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