Bitcoin daily market read

Bitcoin on 2025-05-08

Bitcoin currently appears neutral because the statistical score is -1. 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 -1

BTC close $103,241.46 +6.40% vs previous day

Daily range $96,913.88 - $103,969.54 Open $97,034.25

Volatility Normal Volume 69,895,404,397

Technical details

SMA 20 94,043.45

SMA 50 87,756.92

SMA 100 89,852.05

SMA 200 90,862.87

EMA 12 96,131.90

EMA 26 92,863.87

RSI 14 75.88

MACD 3,268.03

MACD signal 2,870.44

MACD histogram 397.58

Bollinger upper 102,088.07

Bollinger middle 94,043.45

Bollinger lower 85,998.84

ATR 14 2,469.76

Volume SMA 20 32,803,621,460.55

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.