79432.650
Today
-0.55%
5 Days
+1.11%
1 Month
+23.34%
6 Months
+16.45%
Year to Date
-9.43%
1 Year
-27.82%
Opening Price
79942.000Previous Closing Price
79882.000Bitcoin (BTC) price tumbles below $80,000 on Monday amid improved odds of a rate hike with the robust US employment data. Institutional demand holds firm with crypto-focused Exchange Traded Funds (ETFs) recording nearly $1.25 billion in inflows last week.
Bitcoin (BTC), Ethereum (ETH) and Ripple (XRP) maintain a constructive outlook on Monday after gaining more than 3.4%, 4% and 4.8%, respectively, last week. BTC holds steady near $80,000 while ETH and XRP show resilience and defend key support zones.
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.
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.
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.
• 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.
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 79,497 is support, with 81,115 and 81,511 as targets
below 79,497, expect 78,835 and 78,440.
The upside prevails as long as 79,497 is support, with 81,115 and 81,511 as targets
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