78680.000
Today
-0.67%
5 Days
-0.20%
1 Month
+21.15%
6 Months
+16.76%
Year to Date
-10.30%
1 Year
-29.26%
Opening Price
79182.010Previous Closing Price
79208.000Bitcoin (BTC) is correcting lower for the second consecutive day, trading near $78,000 on Tuesday. The largest cryptocurrency by market capitalization also holds above major moving averages, reinforcing a broader bullish outlook despite the pullback from last week's peak near $82,300.
Bitcoin (BTC) remains in a short-term corrective trend, edging lower toward $78,000 on Tuesday. The largest cryptocurrency by market capitalization broadly corrected following last week’s breakout toward $81,500.
Bitcoin (BTC) extends its pullback, trading below $78,900 at the time of writing on Tuesday after a 1.53% loss the previous day. Analysts suggest that the Crypto King’s outlook remains constructive but not yet conclusive, keeping Friday's US inflation data in focus.
Bitcoin (BTC) hovers around $79,000 on Tuesday, struggling to break above the sell wall between $80,000 and $82,850. The broader cryptocurrency market sentiment remains bullish, with the Fear and Greed Index showing a reading of 73.
Bitcoin’s (BTC) short-term holder (STH) whales have reached a record level of unrealized profit, raising concerns that increased profit-taking could put pressure on the market during its current consolidation phase.
Bitcoin (BTC) is correcting below $79,000 on Monday, mirroring the broader cryptocurrency market’s lethargic, bearish-shifting outlook. The Crypto King was rejected near $81,500 last Thursday, suggesting investor exhaustion.
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 79,371 is resistance, with 77,781 and 77,394 as targets
above 79,371, look for 80,024 and 80,413.
The downside prevails as long as 79,371 is resistance, with 77,781 and 77,394 as targets
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