Bitcoin daily market read

Bitcoin on 2024-02-29

Bitcoin currently appears neutral because the statistical score is -1. 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 -1

BTC close $61,198.38 -2.09% vs previous day

Daily range $60,498.73 - $63,585.64 Open $62,499.18

Volatility Normal Volume 65,496,611,844

Technical details

SMA 20 52,601.61

SMA 50 46,578.03

SMA 100 44,342.16

SMA 200 36,937.91

EMA 12 55,029.51

EMA 26 51,608.35

RSI 14 77.79

MACD 3,421.16

MACD signal 2,588.35

MACD histogram 832.81

Bollinger upper 59,861.34

Bollinger middle 52,601.61

Bollinger lower 45,341.89

ATR 14 2,089.14

Volume SMA 20 32,130,537,416.75

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.