Bitcoin daily market read

Bitcoin on 2023-02-08

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 $22,939.40 -1.40% vs previous day

Daily range $22,731.10 - $23,367.96 Open $23,263.42

Volatility Normal Volume 25,371,367,758

Technical details

SMA 20 23,082.81

SMA 50 19,955.70

SMA 100 18,671.31

SMA 200 19,732.89

EMA 12 23,014.93

EMA 26 22,174.63

RSI 14 48.03

MACD 840.30

MACD signal 1,073.90

MACD histogram -233.60

Bollinger upper 23,729.36

Bollinger middle 23,082.81

Bollinger lower 22,436.26

ATR 14 594.37

Volume SMA 20 25,546,966,452.75

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.