Bitcoin price and analysis

[FXOpentrader]

Bitcoin today price $23,345.15 fall 2.32%, volume 24 hours $30,950,788,389 rise 11.32%, market cap $30,950,788,389 fall 2.32%, high and low last 24 hour High:$24,407.06 and Low:$23,243.35.

BTC price still needs to hard work to bring to 25k level price like as some people expected. After reaching a high 24k level price then getting selloff pressure led the price dropped to the 23k level price.

Daily timeframe, we can see BTC price below the moving average and middle band line, indicating downtrend, the next support zone level 22504 and resistance zone 24606. The RSI value shows50 below the SMA line indicating a downtrend in the neutral zone.

H1 timeframe, BTC price below the moving average and far from middle band line indicates a downtrend. There is increasing volatility from views band line expanding, RSI value 36 criss-cross SMA line indicates no signal.

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[FXOpentrader]

Bitcoin price today $22,937.01drop 2.22%, volume 24 hours $24,673,521,630 drop 19.25%, market cap $438,200,141,645 drop 2.27%, high and low last 24 hours High:$23,563.83 and Low:$22,910.74.

Bitcoin price still continues to decline to try to approach the lower band line at 22396 level price.

Daily timeframe, we can see BTC price moves below moving average 9 and middle band line indicates downtrend occurs on the time. Overall Bollinger band still figured a narrow trading range with a resistance of roughly 24584 and a support zone of roughly 22936. RSI value shows 46 crosses down SMA line indicates downtrend signal.

On the H1 timeframe, we can see a strong bearish candle formed, the price far below moving average 9 and middle band line, there is increasing volatility we can see from expanding band line from Bollinger band indicator. RSI value shows 25 far below SMA line indicates downtrend already entering in oversold zone level.

FXOpen is a CFD broker that offers crypto accounts 43 pairs with BTC, BCH, EOS, Ripple, Monero, LTC, etc.

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[FXOpentrader]

Bitcoin today price $21,467.38 rise 0.98%, volume 24 hours $23,176,776,133 drops 14.93%, market cap $410,524,365,938 fall 0.98%, high and low last 24 hours High:$21,668.85 and Low:$21,103.20.

BTC price still moves on the previous trading range, after drops to 20783. the price is now in consolidation, there are three candles formed small body candle indicates low volatility.

Daily timeframe BTC price now enter to band line after break lower band, the price still below moving average 9 and middle band line, while two bands upper and lower band still formed long-distance means high volatility. RSI value of 39 far below the SMA line indicates the downtrend.

H1 timeframe, BTC price above moving average and middle band line, but based Bollinger band now there are decreasing volatility, the band looks narrow, while RSI 56 below SMA line indicates in an uptrend there are selling pressure.

FXOpen is a CFD broker that offers crypto accounts 43 pairs with BTC, BCH, EOS, Ripple, Monero, LTC, etc.

Cryptocurrency CFDs are not available to retail clients in the UK

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[FXOpentrader]

Bitcoin price today $21,394.89 fall 013%, volume 24 hours $32,106,492,095 rise 38.26%, market cap $32,106,492,095 fall 0.10%, high and low last 24 hours High:$21,531.46 and Low:$20,939.18.

BTC still looks to continue the downtrend, but in low volatility, the daily timeframe shows consolidation.

Daily timeframe, BTC price still below moving average indicates downtrend still on the way. The price now near the lower band line, and there is Bollinger band looks to expand, which means there is increasing volatility. RSI value 39 below the SMA line indicates a downtrend for the sell signal.

H1 timeframe, BTC price above moving average and middle band line, now moved near upper band line, there are corrections on this zone, where the price get rejection after touched upper band line.

Resistance level roughly 21448 and support zone roughly 21009, could be reached on near future.

FXOpen is a CFD broker that offers crypto accounts 43 pairs with BTC, BCH, EOS, Ripple, Monero, LTC, etc.

Cryptocurrency CFDs are not available to retail clients in the UK

FXOpen Customer Service

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[FXOpentrader]

Bitcoin today price $21,522.69 rise 1.02%, volume 24 hours $32,024,769,783 rise 2.07%, market cap $411,684,817,004 rise 1%, high and low last 24 hours: High:$21,646.20 and Low:$20,955.14.

BTC price still moves on trading range 21k price level, based daily timeframe resistance zone roughly 25039 and support zone 20788.

In the daily timeframe, the price now moves below the moving average and middle band line, the price in the consolidation zone near the lower band line, while the RSI value of 40 below the SMA line indicates a downtrend.

H1 timeframe, BTC price now above moving average line trying to reach upper band zone level roughly 21701; level price. Bollinger band drawing to uptrend market, while RSI value 57 crosses SMA line gives a buy signal.

FXOpen is a CFD broker that offers crypto accounts 43 pairs with BTC, BCH, EOS, Ripple, Monero, LTC, etc.

Cryptocurrency CFDs are not available to retail clients in the UK

FXOpen Customer Service

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[FXOpentrader]

BTC price today $21,544.88 rise 0.97%, volume 24 hours $31,381,149,086 drops 4.30%, market cap $412,182,924,567 drops 0.97%, high and low last 24 hours High:$21,783.08 and Low:$21,273.79.

BTC price still moves in consolidation, the price trapped at 21k level price.

On a daily timeframe BTC price move below the moving average and the middle band line near the lower band line. The price moves long consolidation since 20 August after drops to 20783. Bollinger band line still long-distance means still high volatility based indicator. While RSI value of 38 below the SMA line indicates a downtrend market.

H1 timeframe, BTC price move above MA line looking resistance target 21763. Support zone level 21311 still moves on trading range 21k. Bollinger band looks narrowed as decreasing volatility based on this timeframe. RSI value 52 below the SMA line indicates a downtrend.

FXOpen is a CFD broker that offers crypto accounts 43 pairs with BTC, BCH, EOS, Ripple, Monero, LTC, etc.

Cryptocurrency CFDs are not available to retail clients in the UK

FXOpen Customer Service

E-mail: support@fxopen.com
Live Chat (24/5)