Bitcoin daily market read

Bitcoin on 2024-01-12

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 $42,853.17 -7.58% vs previous day

Daily range $41,903.77 - $46,498.14 Open $46,354.79

Volatility Normal Volume 43,332,698,900

Technical details

SMA 20 43,947.50

SMA 50 42,396.29

SMA 100 37,657.36

SMA 200 32,912.89

EMA 12 44,678.74

EMA 26 43,803.48

RSI 14 52.57

MACD 875.26

MACD signal 899.07

MACD histogram -23.81

Bollinger upper 46,948.55

Bollinger middle 43,947.50

Bollinger lower 40,946.45

ATR 14 2,371.03

Volume SMA 20 30,039,899,201.60

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.