Bitcoin (BTC/USD) Price Prediction via Technical Analysis for 03 October 2018

Oct 03 2018

Bitcoin (BTC) Price Predictions / Bitcoin (BTC) Forecast

After Price Change
1 day $6,500.7023 0.33%
1 week $6,541.4119 0.96%
1 month $6,556.2448 1.19%
6 months $7,130.0582 10.04%
1 year $9,442.0887 45.73%
5 years $24,039.2766 271.02%

We've applied Technical Analysis to the price of Bitcoin (BTC/USD) for today and predict where price is headed.

The Relative Strength Index (RSI) is an important indicator for measuring the speed and variation of price movements. Its value ranges from zero and 100. The value around 30 and below is considered an oversold region and over 70 as oversold regions. Relative Strength Index is showing Neutral signal, with value at 46.4.

The stochastic oscillator is a momentum indicator that compares the closing price of a security with the price range over a specific period. Stochastic oscillator is at 52.5, indicating Neutral action.

The Commodity Channel Index (CCI) is a momentum-based technical trading tool used to determine when a market is overbought or oversold. Commodity Channel Index is indicating Neutral action, with value at -30.

30 days Simple Moving Average is at 6521.5, showing Sell signal, Bitcoin is trading below it at $6479.23. 20 days Exponential Moving Average is at 6566.1, showing Sell signal, Bitcoin is trading below it at $6479.23. 9 days Hull Moving Average is indicating Sell action with value at 6546.8, Bitcoin is trading below it at $6479.23.

20 days Simple Moving Average is indicating Sell since Bitcoin is trading at $6479.23, below MAs value of 6540.9. 30 days Exponential Moving Average is at 6584.2, showing Sell signal, Bitcoin is trading below it at $6479.23. 50 days Exponential Moving Average is at 6641.6, showing Sell signal, Bitcoin is trading below it at $6479.23.

9 days Ichimoku Cloud Base Line is at 6470.5, showing Neutral signal, Bitcoin is trading below it at $6479.23. 10 days Simple Moving Average is indicating Sell action with value at 6565.9, Bitcoin is trading below it at $6479.23. 100 days Exponential Moving Average is indicating Sell since Bitcoin is trading at $6479.23, below MAs value of 6863.5.

Also Read: How to Trade in Bittrex?

200 days Simple Moving Average is indicating Sell action with value at 7320.9, Bitcoin is trading below it at $6479.23. 50 days Simple Moving Average is indicating Sell action with value at 6604.9, Bitcoin is trading below it at $6479.23. 100 days Simple Moving Average is indicating Sell since Bitcoin is trading at $6479.23, below MAs value of 6760.1.

200 days Exponential Moving Average is indicating Sell action with value at 7284.5, Bitcoin is trading below it at $6479.23. 10 days Exponential Moving Average is at 6562.6, showing Sell signal, Bitcoin is trading below it at $6479.23. 20 days Volume Weighted Moving Average is indicating Sell action with value at 6542.6, Bitcoin is trading below it at $6479.23.

Other Technical Price Analysis for today:

Bitcoin Cash (BCH/USD) Price Prediction via Technical Analysis for 03 October 2018

Ripple (XRP/USD) Price Prediction via Technical Analysis for 03 October 2018

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