Bitcoin (BTC) Price Looks Ready To Resume Its Climb - Bitcoin Price Analysis - 2 Nov 2018

Nov 02 2018
After Price Change
1 day $6,397.5332 0.40%
1 week $6,385.3706 0.21%
1 month $6,399.7922 0.44%
6 months $6,833.5350 7.24%
1 year $9,256.0051 45.26%
5 years $24,040.6224 277.28%

The Commodity Channel Index (CCI) is a momentum oscillator used in technical analysis to measure an instrument's deviation from its statistical average. Commodity Channel Index is showing Neutral signal, with value at -84.4.

The Stochastic Oscillator is a range bound momentum oscillator. Stochastic oscillator is at 33.1, indicating Neutral action.

Relative Strength Index (RSI) is an important indicator that measures speed and change of price movements. Its value ranges between zero and 100. Value around 30 and below is considered oversold region and around 70 and above considered overbought regions. Relative Strength Index is at 42.6, indicating Neutral action.

9 days Hull Moving Average is indicating Buy since Bitcoin is trading at $6372.07, below MAs value of 6346.3. 100 days Simple Moving Average is at 6686.8, showing Sell signal, Bitcoin is trading below it at $6372.07. 10 days Exponential Moving Average is indicating Sell action with value at 6434.6, Bitcoin is trading below it at $6372.07.

30 days Exponential Moving Average is indicating Sell action with value at 6503.6, Bitcoin is trading below it at $6372.07. 200 days Exponential Moving Average is at 7086.3, showing Sell signal, Bitcoin is trading below it at $6372.07. 100 days Exponential Moving Average is at 6706.1, showing Sell signal, Bitcoin is trading below it at $6372.07.

50 days Exponential Moving Average is indicating Sell action with value at 6545.9, Bitcoin is trading below it at $6372.07. 30 days Simple Moving Average is indicating Sell since Bitcoin is trading at $6372.07, below MAs value of 6523.9. 10 days Simple Moving Average is at 6445, showing Sell signal, Bitcoin is trading below it at $6372.07.

20 days Simple Moving Average is at 6522.3, showing Sell signal, Bitcoin is trading below it at $6372.07. 200 days Simple Moving Average is indicating Sell action with value at 7149.5, Bitcoin is trading below it at $6372.07. 20 days Exponential Moving Average is indicating Sell since Bitcoin is trading at $6372.07, below MAs value of 6478.8.

Also Read: How Long Does It Take to Mine a Bitcoin?

9 days Ichimoku Cloud Base Line is at 7004.2, showing Neutral signal, Bitcoin is trading below it at $6372.07. 20 days Volume Weighted Moving Average is at 6582.7, showing Sell signal, Bitcoin is trading below it at $6372.07. 50 days Simple Moving Average is indicating Sell action with value at 6530.9, Bitcoin is trading below it at $6372.07.

Other Technical Price Analysis for today:

Bitcoin Cash Price Saw An Upward Move Above $420 - Bitcoin Price Analysis - 2 Nov 2018

Cardano Price May Move Towards $0.0750 - Bitcoin Price Analysis - 2 Nov 2018

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