Bitcoin daily market read

Bitcoin on 2025-01-31

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 $102,405.02 -2.22% vs previous day

Daily range $101,543.88 - $106,026.35 Open $104,737.56

Volatility Normal Volume 45,732,764,360

Technical details

SMA 20 101,900.83

SMA 50 99,281.72

SMA 100 92,970.51

SMA 200 77,524.15

EMA 12 102,784.54

EMA 26 101,272.29

RSI 14 45.17

MACD 1,512.25

MACD signal 1,652.03

MACD histogram -139.78

Bollinger upper 108,421.79

Bollinger middle 101,900.83

Bollinger lower 95,379.87

ATR 14 4,497.94

Volume SMA 20 60,087,639,736.05

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.