Bitcoin (BTC) Price Predictions / Bitcoin (BTC) Forecast
| After | Price | Change |
|---|---|---|
| 1 day | $6,708.2288 | 0.32% |
| 1 week | $6,733.0762 | 0.69% |
| 1 month | $6,802.0535 | 1.72% |
| 6 months | $7,357.0051 | 10.02% |
| 1 year | $9,748.9437 | 45.79% |
| 5 years | $24,214.9280 | 262.12% |
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 53.7.
The Stochastic Oscillator is a range bound momentum oscillator. Stochastic oscillator is at 85.2, indicating Neutral action.
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 indicating Neutral action, with value at 52.1.
Moving Average (MA) is just average of any subset of numbers. For example, to calculate a basic 10-day moving average you would add up the closing prices from the past 10 days and then divide the result by 10.
200 days Simple Moving Average is indicating Sell action with value at 7446.5, Bitcoin is trading below it at $6686.91. 200 days Exponential Moving Average is at 7366.4, showing Sell signal, Bitcoin is trading below it at $6686.91. 100 days Simple Moving Average is at 6744.3, showing Sell signal, Bitcoin is trading below it at $6686.91.
30 days Simple Moving Average is indicating Buy action with value at 6672.5, Bitcoin is trading below it at $6686.91. 30 days Exponential Moving Average is indicating Buy since Bitcoin is trading at $6686.91, below MAs value of 6592.1. 9 days Hull Moving Average is indicating Buy action with value at 6660.8, Bitcoin is trading below it at $6686.91.
100 days Exponential Moving Average is indicating Sell since Bitcoin is trading at $6686.91, below MAs value of 6933.3. 20 days Volume Weighted Moving Average is at 6555, showing Buy signal, Bitcoin is trading below it at $6686.91. 9 days Ichimoku Cloud Base Line is indicating Neutral since Bitcoin is trading at $6686.91, below MAs value of 6764.6.
Also Read: How are Bitcoin prices determined?
50 days Simple Moving Average is indicating Buy since Bitcoin is trading at $6686.91, below MAs value of 6589.9. 20 days Simple Moving Average is indicating Buy action with value at 6525.8, Bitcoin is trading below it at $6686.91. 10 days Simple Moving Average is at 6490.9, showing Buy signal, Bitcoin is trading below it at $6686.91.
50 days Exponential Moving Average is indicating Buy since Bitcoin is trading at $6686.91, below MAs value of 6676.3. 20 days Exponential Moving Average is indicating Buy action with value at 6549.5, Bitcoin is trading below it at $6686.91. 10 days Exponential Moving Average is indicating Buy since Bitcoin is trading at $6686.91, below MAs value of 6530.4.
Other Technical Price Analysis for today:
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