Bitcoin daily market read

Bitcoin on 2024-08-05

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 $53,991.46 -7.10% vs previous day

Daily range $49,121.24 - $58,268.83 Open $58,110.30

Volatility Normal Volume 108,991,085,584

Technical details

SMA 20 64,798.30

SMA 50 62,556.71

SMA 100 64,343.33

SMA 200 61,536.79

EMA 12 62,061.90

EMA 26 63,107.72

RSI 14 17.69

MACD -1,045.82

MACD signal 334.61

MACD histogram -1,380.43

Bollinger upper 71,994.96

Bollinger middle 64,798.30

Bollinger lower 57,601.64

ATR 14 3,118.96

Volume SMA 20 36,485,430,632.40

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.