Bitcoin daily market read

Bitcoin on 2024-03-16

Bitcoin currently appears bearish because the statistical score is -3. The reading combines MACD momentum with RSI, Bollinger Bands and distance from the 50-day average; it suggests a market bias, not a certainty or investment advice.

Signal Bearish Score -3

BTC close $65,315.12 -5.89% vs previous day

Daily range $64,801.39 - $70,046.27 Open $69,392.48

Volatility High Volume 46,842,198,371

Technical details

SMA 20 65,836.78

SMA 50 54,815.68

SMA 100 48,860.23

SMA 200 40,199.98

EMA 12 67,934.58

EMA 26 63,465.63

RSI 14 55.63

MACD 4,468.95

MACD signal 4,963.05

MACD histogram -494.10

Bollinger upper 75,563.94

Bollinger middle 65,836.78

Bollinger lower 56,109.62

ATR 14 4,314.87

Volume SMA 20 54,492,312,282.25

Bitcoin news feed for this day

No Bitcoin news items are stored locally for this day yet. The RSS daily signal still works from market snapshots.