Bitcoin daily market read

Bitcoin on 2024-01-01

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 $44,167.33 +4.50% vs previous day

Daily range $42,214.98 - $44,175.44 Open $42,280.23

Volatility Normal Volume 18,426,978,443

Technical details

SMA 20 42,875.57

SMA 50 40,628.61

SMA 100 35,694.65

SMA 200 32,029.13

EMA 12 42,899.00

EMA 26 42,299.05

RSI 14 58.50

MACD 599.95

MACD signal 795.51

MACD histogram -195.56

Bollinger upper 44,415.88

Bollinger middle 42,875.57

Bollinger lower 41,335.26

ATR 14 1,337.74

Volume SMA 20 21,569,978,296.10

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.