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Bitcoin

BTCUSD
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79442.010

-2000.990-2.46%
TradingKey Chart
Time
1m
15m
30m
1h
4h
D
W
M
D

Today

-2.40%

5 Days

-0.72%

1 Month

+24.69%

6 Months

+16.97%

Year to Date

-9.38%

1 Year

-29.09%

Key Data Points

Opening Price

81354.630

Previous Closing Price

81443.000
Price Range of the Day
78630.00082254.300
52-Week Price Range
57778.840126073.430

Recent

Analysis

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.

Fxstreetan hour ago

Bitcoin Weekly Forecast: Gearing up for a sharp move

Bitcoin (BTC) is trading around $81,000 on Friday, up over 4% so far this week, and awaits a key catalyst that could determine its next directional move.

Fxstreet6 hours ago

Crypto Today: Bitcoin, Ethereum, XRP recovery takes a breather amid capital inflows

Cryptocurrency prices are generally taking a breather at the time of writing on Friday, with Bitcoin (BTC) edging lower toward $80,000. This correction follows the sharp move to highs at $81,269 the previous day, underpinning renewed investor appetite.

Fxstreet6 hours ago

Bitcoin (BTCUSD) Suddenly Goes down 1.00% on Sep 4: What You Need to Watch

• Bitcoin pulled back due to profit-taking near the $82,000 psychological resistance level. • The retreat was driven by derivative liquidations and overbought momentum indicator conditions. • Technical indicators including MACD, RSI, and Williams %R currently suggest buy signals.

TradingKey8 hours ago

Crypto Overview: Bitcoin clears $80,000 on reduced rate hike odds – Zcash, Ethena rise

Bitcoin (BTC) is trading above $80,000 on Friday, sustaining the broader cryptocurrency market's risk-on sentiment. Federal Reserve (Fed) Governor Christopher Waller signaled support for a potential pause in interest rates on Thursday, lowering the odds of a September rate hike to 50%.

Fxstreet13 hours ago

Top 3 Price Prediction: Bitcoin, Ethereum, Ripple – BTC, ETH and XRP await US NFP for next directional move

Bitcoin (BTC), Ethereum (ETH) and Ripple (XRP) extend their weekly gains on Friday as traders await the US Nonfarm Payrolls (NFP) report for the next directional catalyst.

Fxstreet13 hours ago

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(3)
Buy(8)
Indicators
Sell(2)
Neutral(3)
Buy(2)
Indicators
Value
Direction
MACD(12,26,9)
-52.535
Neutral
RSI(14)
65.868
Neutral
STOCH(KDJ)(9,3,3)
57.732
Neutral
ATR(14)
2641.677
High Vlolatility
CCI(14)
138.682
Buy
Williams %R
42.088
Buy
TRIX(12,20)
0.840
Sell
StochRSI(14)
0.000
Sell
Moving Average
Sell(0)
Neutral(0)
Buy(6)
Indicators
Value
Direction
MA5
78898.740
Buy
MA10
78702.633
Buy
MA20
75493.049
Buy
MA50
68762.034
Buy
MA100
66340.194
Buy
MA200
69623.457
Buy

Bitcoin Trading Strategy

Intraday
Medium Term
Short Term
The downside prevails as long as 80,068 is resistance, with 78,377 and 77,987 as targets

Trading Strategy

The downside prevails as long as 80,068 is resistance, with 78,377 and 77,987 as targets

Alternative scenario

above 80,068, look for 80,726 and 81,118.

Comment

The downside prevails as long as 80,068 is resistance, with 78,377 and 77,987 as targets

13 minutes 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

79442.010
-2000.990-2.46%
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