Bitcoin daily market read

Bitcoin on 2025-08-07

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 $117,496.90 +2.15% vs previous day

Daily range $114,279.71 - $117,676.91 Open $115,030.05

Volatility Normal Volume 64,051,649,681

Technical details

SMA 20 116,803.47

SMA 50 112,903.67

SMA 100 108,600.08

SMA 200 99,534.92

EMA 12 115,780.90

EMA 26 115,502.85

RSI 14 47.33

MACD 278.05

MACD signal 722.99

MACD histogram -444.94

Bollinger upper 120,874.58

Bollinger middle 116,803.47

Bollinger lower 112,732.36

ATR 14 2,559.36

Volume SMA 20 64,323,676,458.40

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.