Bitcoin daily market read

Bitcoin on 2024-01-07

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 $43,943.10 -0.10% vs previous day

Daily range $43,662.23 - $44,495.57 Open $43,998.46

Volatility Normal Volume 19,330,573,863

Technical details

SMA 20 43,375.98

SMA 50 41,525.08

SMA 100 36,744.88

SMA 200 32,527.63

EMA 12 43,593.52

EMA 26 42,929.65

RSI 14 54.42

MACD 663.87

MACD signal 706.65

MACD histogram -42.78

Bollinger upper 45,004.63

Bollinger middle 43,375.98

Bollinger lower 41,747.33

ATR 14 1,654.31

Volume SMA 20 24,348,921,483.80

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.