Bitcoin daily market read

Bitcoin on 2024-02-23

Bitcoin currently appears bearish because the statistical score is -4. 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 -4

BTC close $50,731.95 -1.12% vs previous day

Daily range $50,561.78 - $51,497.93 Open $51,283.91

Volatility Normal Volume 21,427,078,270

Technical details

SMA 20 48,925.54

SMA 50 45,242.39

SMA 100 43,156.16

SMA 200 36,129.10

EMA 12 50,641.22

EMA 26 48,463.44

RSI 14 70.36

MACD 2,177.78

MACD signal 2,211.28

MACD histogram -33.50

Bollinger upper 55,811.95

Bollinger middle 48,925.54

Bollinger lower 42,039.14

ATR 14 1,500.13

Volume SMA 20 25,818,524,545.60

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.