However, we've applied Technical Analysis to the price of Bitcoin (BTC/USD) for today and predict where price is headed.The Founder and CEO of investment firm focused on digital currencies BKCM, Brian Kelly was recently in news for his statement - If You Are Selling Bitcoin Because of ETF Delay, You Are Doing it Wrong.

Commodity Channel Index is showing Neutral signal, with value at -46.5. Relative Strength Index is showing Neutral signal, with value at 42.1. Stochastic oscillator is showing Neutral signal, with value at 28.8.

9 days Hull Moving Average is at 6326.8, showing Buy signal. Current price $6470.88 of Bitcoin is below 9 days Hull Moving Average. 9 days Ichimoku Cloud Base Line is at 7182.7, showing Neutral signal. Current price $6470.88 of Bitcoin is below 9 days Ichimoku Cloud Base Line. 200 days Simple Moving Average is at 8004.7, showing Sell signal. Current price $6470.88 of Bitcoin is below 200 days Simple Moving Average.

30 days Exponential Moving Average is at 6814.2, showing Sell signal. Current price $6470.88 of Bitcoin is below 30 days Exponential Moving Average. 100 days Exponential Moving Average is at 7268.4, showing Sell signal. Current price $6470.88 of Bitcoin is below 100 days Exponential Moving Average. 100 days Simple Moving Average is at 7132.8, showing Sell signal. Current price $6470.88 of Bitcoin is below 100 days Simple Moving Average.

20 days Volume Weighted Moving Average is at 6764.9, showing Sell signal. Current price $6470.88 of Bitcoin is below 20 days Volume Weighted Moving Average. 30 days Simple Moving Average is at 7188.2, showing Sell signal. Current price $6470.88 of Bitcoin is below 30 days Simple Moving Average. 10 days Simple Moving Average is at 6299.6, showing Buy signal. Current price $6470.88 of Bitcoin is below 10 days Simple Moving Average.

Also Read: Best Cryptocurrency Exchanges

200 days Exponential Moving Average is at 7687.7, showing Sell signal. Current price $6470.88 of Bitcoin is below 200 days Exponential Moving Average. 20 days Simple Moving Average is at 6869.4, showing Sell signal. Current price $6470.88 of Bitcoin is below 20 days Simple Moving Average. 20 days Exponential Moving Average is at 6690.6, showing Sell signal. Current price $6470.88 of Bitcoin is below 20 days Exponential Moving Average.

50 days Simple Moving Average is at 6935.1, showing Sell signal. Current price $6470.88 of Bitcoin is below 50 days Simple Moving Average. 50 days Exponential Moving Average is at 6936.8, showing Sell signal. Current price $6470.88 of Bitcoin is below 50 days Exponential Moving Average. 10 days Exponential Moving Average is at 6442, showing Buy signal. Current price $6470.88 of Bitcoin is below 10 days Exponential Moving Average.

Other Technical Price Analysis for today:

Ethereum (ETH/USD) Price Prediction via Technical Analysis for 17 August 2018

NEO (NEO/USD) Price Prediction via Technical Analysis for 17 August 2018

DigitalCash (DASH/USD) Price Prediction via Technical Analysis for 17 August 2018