Bitcoin daily market read

Bitcoin on 2024-05-12

Bitcoin currently appears bullish 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 Bullish Score 3

BTC close $61,448.39 +1.08% vs previous day

Daily range $60,632.60 - $61,818.16 Open $60,793.50

Volatility Normal Volume 13,800,459,405

Technical details

SMA 20 62,544.55

SMA 50 65,513.68

SMA 100 61,763.25

SMA 200 51,078.99

EMA 12 62,021.24

EMA 26 63,019.49

RSI 14 45.78

MACD -998.26

MACD signal -1,009.09

MACD histogram 10.83

Bollinger upper 66,382.82

Bollinger middle 62,544.55

Bollinger lower 58,706.28

ATR 14 2,712.67

Volume SMA 20 26,354,163,521.75

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.