BitOrBear.com

Bitcoin daily market read

Bitcoin on 2021-03-08

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 $52,246.52 +2.03% vs previous day
Daily range $49,506.05 - $52,314.07 Open $51,174.12
Volatility High Volume 48,597,428,048
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Technical details

SMA 20 50,462.79
SMA 50 43,239.28
SMA 100 34,918.85
SMA 200 23,845.46
EMA 12 49,697.55
EMA 26 48,092.64
RSI 14 45.99
MACD 1,604.91
MACD signal 1,869.40
MACD histogram -264.48
Bollinger upper 57,171.36
Bollinger middle 50,462.79
Bollinger lower 43,754.23
ATR 14 3,868.12
Volume SMA 20 73,240,239,719.00

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.