78738.010
Today
+0.33%
5 Days
+1.68%
1 Month
+21.01%
6 Months
+17.21%
Year to Date
-10.25%
1 Year
-29.62%
Opening Price
78519.430Previous Closing Price
78457.990Bitcoin (BTC) rebounds slightly, trading above $79,000 at the time of writing on Wednesday, having fallen over 2.4% over the previous two days.
Bitcoin (BTC) is trending higher alongside other major cryptocurrencies on Wednesday. Ethereum (ETH) has reclaimed $2,500 as short-term support, raising the odds that the uptrend will gain momentum.
• Bitcoin advanced intraday driven by spot demand and institutional ETF inflows. • Short liquidations and reduced miner selling pressure accelerated upward price velocity. • Technical indicators including MACD, RSI, and Williams %R show neutral conditions.
Bitcoin (BTC), Ethereum (ETH) and Ripple (XRP) are trading with a broadly constructive tone on Wednesday despite BTC's mild pullback over the past two days.
Bitcoin’s (BTC) sensitivity to US economic data has become increasingly evident this year. As the market approaches several important data dumps this week, BTC traders are keenly aware of the significance just like their counterparts in TradFi.
Bitcoin (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.
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 upside prevails as long as 78,212 is support, with 81,280 and 82,074 as targets
below 78,212, expect 76,886 and 76,096.
The upside prevails as long as 78,212 is support, with 81,280 and 82,074 as targets
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