Bitcoin daily market read

Bitcoin on 2024-10-07

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 $62,236.66 -0.93% vs previous day

Daily range $62,152.55 - $64,443.71 Open $62,819.11

Volatility Normal Volume 34,253,562,610

Technical details

SMA 20 63,143.40

SMA 50 60,675.16

SMA 100 61,093.74

SMA 200 63,547.50

EMA 12 62,449.75

EMA 26 61,999.34

RSI 14 45.76

MACD 450.41

MACD signal 759.70

MACD histogram -309.30

Bollinger upper 66,286.85

Bollinger middle 63,143.40

Bollinger lower 59,999.95

ATR 14 1,908.74

Volume SMA 20 29,748,730,456.10

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.