Bitcoin daily market read

Bitcoin on 2024-12-07

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 $99,923.34 0.00% vs previous day

Daily range $99,030.88 - $100,563.38 Open $99,916.71

Volatility Normal Volume 44,177,510,897

Technical details

SMA 20 96,274.30

SMA 50 83,498.62

SMA 100 72,432.15

SMA 200 67,955.47

EMA 12 97,058.23

EMA 26 92,952.38

RSI 14 54.47

MACD 4,105.85

MACD signal 4,613.87

MACD histogram -508.02

Bollinger upper 101,456.75

Bollinger middle 96,274.30

Bollinger lower 91,091.85

ATR 14 4,109.23

Volume SMA 20 71,322,261,071.65

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.