Bitcoin daily market read

Bitcoin on 2025-05-16

Bitcoin currently appears neutral because the statistical score is 0. 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 0

BTC close $103,489.29 -0.25% vs previous day

Daily range $103,137.48 - $104,533.48 Open $103,735.66

Volatility Normal Volume 44,386,499,364

Technical details

SMA 20 99,109.49

SMA 50 90,604.60

SMA 100 90,096.53

SMA 200 92,306.43

EMA 12 101,689.32

EMA 26 97,837.64

RSI 14 68.43

MACD 3,851.68

MACD signal 3,782.19

MACD histogram 69.49

Bollinger upper 107,529.71

Bollinger middle 99,109.49

Bollinger lower 90,689.27

ATR 14 2,650.35

Volume SMA 20 40,024,701,861.70

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.