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Bitcoin

BTCUSD
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65095.320

-12.640-0.02%
TradingKey Chart
Time
1m
15m
30m
1h
4h
D
W
D

Today

-0.02%

5 Days

+2.57%

1 Month

+2.86%

6 Months

-7.44%

Year to Date

-25.79%

1 Year

-44.20%

Key Data Points

Opening Price

65107.960

Previous Closing Price

65107.960
Price Range of the Day
64796.78065443.190
52-Week Price Range
57778.840126073.430

Recent

Analysis

Crypto Today: Bitcoin, Ethereum, XRP eye short-term recovery amid ETF inflows

Cryptocurrency prices are gaining traction on Monday, with Bitcoin (BTC) trading above $65,000, Ethereum (ETH) holding the near-term $1,900 support and Ripple (XRP) hovering above the critical $1.00 demand zone.

Fxstreet51 minutes ago

Bitcoin volatility is in meltdown, but downside protection still commands a premium

Bitcoin’s price has stopped falling in recent weeks, and while it looks as though options traders aren’t expecting any big moves in either direction in the next few weeks, protection against declines is still not cheap.

Fxstreet52 minutes ago

Bitcoin Price Forecast: Bulls regain ground as BTC reclaims $65,000

Bitcoin (BTC) holds above $65,000 at the time of writing on Monday, after recovering more than 2% last week, with bulls finding support around the 200-week Simple Moving Average (SMA). Strong spot Exchange Traded Funds (ETFs) inflows point to renewed institutional demand.

Fxstreet2 hours ago

Crypto Market Overview: Bitcoin steadies as BoJ flags possible rate hikes

The broader cryptocurrency market holds steady, with Bitcoin (BTC) trading near $65,000, above its 50-day Exponential Moving Average (EMA) of $64,702. The Bank of Japan (BoJ) released the summary of opinions from its July meeting, with nearly half of the board members leaning hawkish.

Fxstreet9 hours ago

Top 3 Price Prediction: Bitcoin, Ethereum, Ripple – BTC bulls strengthen, ETH eyes breakout, XRP rebounds

Bitcoin (BTC) and Ethereum (ETH) show signs of strength as bulls defend key support on Monday after gaining 2% and 1.3% in the previous week. Meanwhile, Ripple (XRP) recovers mildly at the start of the week on Monday after sliding over 5% last week.

Fxstreet9 hours ago

Bitcoin (BTCUSD) Is up 1.08% on Aug 7: What Do On-Chain Data and Market Sentiment Show?

• Lower U.S. Treasury yields and a weaker dollar are driving demand for Bitcoin. • Sustained net inflows into spot Bitcoin ETFs are tightening circulating market supply. • Derivatives market short liquidations and institutional accumulation support current upward price momentum.

TradingKeyFri, Aug 7

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(3)
Neutral(1)
Buy(6)
Indicators
Sell(1)
Neutral(1)
Buy(2)
Indicators
Value
Direction
MACD(12,26,9)
214.508
Buy
RSI(14)
54.812
Neutral
STOCH(KDJ)(9,3,3)
87.421
Overbought
ATR(14)
1269.945
Low Volatility
CCI(14)
100.466
Buy
Williams %R
12.489
Overbought
TRIX(12,20)
0.036
Sell
StochRSI(14)
87.266
Overbought
Moving Average
Sell(2)
Neutral(0)
Buy(4)
Indicators
Value
Direction
MA5
64911.166
Buy
MA10
64351.069
Buy
MA20
64378.321
Buy
MA50
63389.819
Buy
MA100
67772.066
Sell
MA200
70016.594
Sell

Bitcoin Trading Strategy

Intraday
Medium Term
Short Term
The upside prevails as long as 64,290 is support, with 65,991 and 66,412 as targets

Trading Strategy

The upside prevails as long as 64,290 is support, with 65,991 and 66,412 as targets

Alternative scenario

below 64,290, expect 63,586 and 63,167.

Comment

The upside prevails as long as 64,290 is support, with 65,991 and 66,412 as targets

an hour 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

65095.320
-12.640-0.02%
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