Bitcoin daily market read

Bitcoin on 2026-08-02

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 $63,732.60 +1.45% vs previous day
Daily range $62,806.58 - $63,785.00 Open $62,823.65
Volatility Normal Volume 485,944,783
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Technical details

SMA 20 64,496.91
SMA 50 63,424.10
SMA 100 68,794.98
SMA 200 71,145.36
EMA 12 63,974.70
EMA 26 64,049.78
RSI 14 45.52
MACD -75.07
MACD signal 127.98
MACD histogram -203.05
Bollinger upper 66,354.43
Bollinger middle 64,496.91
Bollinger lower 62,639.40
ATR 14 1,622.63
Volume SMA 20 957,273,324.01

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