Technical analysis is a sub-discipline of trading which is used to evaluate securities with various tools and identify trading opportunities.
Bitcoin (BTC) Price Predictions / Bitcoin (BTC) Forecast
| After | Price | Change |
|---|---|---|
| 1 day | $6,624.2536 | 0.45% |
| 1 week | $6,611.0188 | 0.25% |
| 1 month | $6,734.4125 | 2.12% |
| 6 months | $7,289.6120 | 10.54% |
| 1 year | $9,666.4799 | 46.58% |
| 5 years | $24,158.5012 | 266.34% |
We've applied Technical Analysis to the price of Bitcoin (BTC/USD) for today and predict where price is headed.
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 indicating Neutral action, with value at 50.3.
The Stochastic Oscillator is a range bound momentum oscillator. Stochastic oscillator is indicating Neutral action, with value at 77.9.
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 at 64.7, indicating Neutral action.
9 days Ichimoku Cloud Base Line is indicating Neutral since Bitcoin is trading at $6594.59, below MAs value of 6764.6. 20 days Volume Weighted Moving Average is at 6486.8, showing Buy signal, Bitcoin is trading below it at $6594.59. 100 days Exponential Moving Average is at 6922.8, showing Sell signal, Bitcoin is trading below it at $6594.59.
30 days Simple Moving Average is indicating Sell since Bitcoin is trading at $6594.59, below MAs value of 6669.5. 10 days Exponential Moving Average is indicating Buy action with value at 6573, Bitcoin is trading below it at $6594.59. 50 days Simple Moving Average is indicating Buy action with value at 6575.9, Bitcoin is trading below it at $6594.59.
20 days Simple Moving Average is indicating Buy action with value at 6461.3, Bitcoin is trading below it at $6594.59. 200 days Exponential Moving Average is indicating Sell since Bitcoin is trading at $6594.59, below MAs value of 7352.5. 9 days Hull Moving Average is indicating Sell since Bitcoin is trading at $6594.59, below MAs value of 6781.1.
Also Read: How to Buy Bitcoins using Credit Cards or Debit Cards?
30 days Exponential Moving Average is indicating Sell since Bitcoin is trading at $6594.59, below MAs value of 6601.3. 50 days Exponential Moving Average is indicating Sell since Bitcoin is trading at $6594.59, below MAs value of 6675.6. 100 days Simple Moving Average is at 6749, showing Sell signal, Bitcoin is trading below it at $6594.59.
200 days Simple Moving Average is indicating Sell action with value at 7417.1, Bitcoin is trading below it at $6594.59. 20 days Exponential Moving Average is indicating Buy action with value at 6570.2, Bitcoin is trading below it at $6594.59. 10 days Simple Moving Average is indicating Buy action with value at 6527.7, Bitcoin is trading below it at $6594.59.
Other Technical Price Analysis for today:
Ripple (XRP/USD) Price Prediction via Technical Analysis for 24 September 2018
Litecoin (LTC/USD) Price Prediction via Technical Analysis for 24 September 2018
