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Bitcoin

BTCUSD

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60432.270

+336.270+0.56%

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Market Movers:Bitcoin (BTCUSD) Fluctuated Significantly on Jul 2: Key Variables Behind the Move

Discussions

View Detailed Chart

TradingKey 图表

Time

15m

30m

Today

+0.56%

5 Days

-0.81%

1 Month

-15.33%

6 Months

-31.55%

Year to Date

-31.10%

1 Year

-42.89%

View Detailed Chart

TradingKey 图表

Key Data Points

Opening Price

60221.100

Previous Closing Price

60096.000

Price Range of the Day

59558.00061301.010

52-Week Price Range

57778.840126073.430

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.

15m

30m

15m

D

Neutral

Sell(6)

Neutral(3)

Buy(4)

Indicators

Sell(2)

Neutral(3)

Buy(2)

Indicators

Value

Direction

MACD(12,26,9)

324.535

Neutral

RSI(14)

40.053

Neutral

STOCH(KDJ)(9,3,3)

38.512

Buy

ATR(14)

2118.260

High Vlolatility

CCI(14)

-31.713

Neutral

Williams %R

64.565

Sell

TRIX(12,20)

-0.477

Sell

StochRSI(14)

100.000

Buy

Moving Average

Sell(4)

Neutral(0)

Buy(2)

Indicators

Value

Direction

MA5

59848.344

Buy

MA10

60199.304

Buy

MA20

62262.992

Sell

MA50

67786.026

Sell

MA100

71119.372

Sell

MA200

75063.121

Sell

Bitcoin Trading Strategy

Intraday

Medium Term

Short Term

Trading Strategy

Our preference: the upside prevails as long as 59930 is support.

Alternative scenario

below 59930, expect 59190 and 58740.

Comment

the upside prevails as long as 59930 is support.

58 minutes ago

Source: Trading Central(Reference Only)

Bitcoin News

Bitcoin (BTCUSD) Fluctuated Significantly on Jul 2: Key Variables Behind the Move

• Federal Reserve comments eased inflation concerns, triggering a Bitcoin price relief rally. • Spot Bitcoin ETFs experienced net outflows, reflecting a cooling of institutional demand. • Market recovery relies on stabilized ETF flows and improved regulatory clarity.

TradingKey3 hours ago

Crypto Market Overview: Bitcoin recovers on Kevin Warsh optimism – Jupiter, Morpho lead rally

The broader cryptocurrency market is easing downside pressure, with US Federal Reserve Chairman Kevin Warsh's optimism about US growth driving Bitcoin (BTC) above $60,000.

Fxstreet3 hours ago

Bitcoin long-term holders resume accumulation as ETF outflows keep institutional sentiment subdued — Glassnode

Long-term Bitcoin (BTC) investors have begun absorbing supply despite persistent negative flows from US spot BTC exchange-traded funds (ETFs), according to a report by Glassnode on Wednesday.

Fxstreet4 hours ago

Crypto Today: Bitcoin, Ethereum, XRP stay under pressure as investors turn more risk-averse

The cryptocurrency market trades under intense headwinds on Wednesday, led by Bitcoin’s (BTC) deepening sell-off below $60,000. The Crypto King hovers above $58,000.

Fxstreet19 hours ago

Bitcoin Price Forecast: BTC sinks to 21-month low amid ETF outflows, US-Iran peace uncertainty

Bitcoin (BTC) trades around $59,000 on Wednesday after plunging to a 21-month low of $57,800, the lowest level since mid-September 2024.

Fxstreet20 hours ago

Bitcoin Price Trend Forecast: Continued ETF Outflows Limit Bitcoin Price Rebound Space, $58,000 Becomes Key Level for Bulls and Bears

TradingKey - As of the European trading session on July 1, the price of Bitcoin (BTC) fluctuated around $58,700. It hit a new year-to-date low of $57,800 earlier in the day before staging a modest recovery, though it still failed to reclaim the $60,000 threshold. From a technical perspective, Bitcoin prices have trended downward recently, dragged down by continuous outflows from Bitcoin ETFs. Year-to-date, Bitcoin has accumulated a decline of 33%.

TradingKey22 hours ago

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.

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60432.270

+336.270+0.56%