Bitcoin daily market read

Bitcoin on 2024-01-16

Bitcoin currently appears neutral because the statistical score is -2. 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 Neutral Score -2

BTC close $43,154.95 +1.51% vs previous day

Daily range $42,086.00 - $43,566.27 Open $42,499.34

Volatility Normal Volume 24,062,872,740

Technical details

SMA 20 43,833.15

SMA 50 42,797.39

SMA 100 38,247.75

SMA 200 33,155.94

EMA 12 43,673.58

EMA 26 43,482.87

RSI 14 43.66

MACD 190.71

MACD signal 567.93

MACD histogram -377.22

Bollinger upper 46,996.61

Bollinger middle 43,833.15

Bollinger lower 40,669.70

ATR 14 2,344.08

Volume SMA 20 29,503,511,292.60

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.