
⚠️ Notice: This report describes the state of the market at the time of its generation. It does not constitute financial advice or investment recommendation. Any investment decision is the sole responsibility of the reader.
The RSI (14) currently registers 65.3 points. The Relative Strength Index measures the speed and magnitude of price changes on a scale from 0 to 100, with the current reading placing Bitcoin in the upper neutral zone, approaching overbought territory which begins at 70.
The MACD line stands at 1126.8623, whilst the signal line reads 1015.0358, producing a histogram value of 111.8265. The Moving Average Convergence Divergence measures the relationship between two moving averages of an asset's price, with the histogram showing the difference between the MACD line and its signal line.
Bitcoin's price currently trades at $79,624.0000 within the central zone of the Bollinger Bands channel, positioned between the middle band at $79,115.6500 and the upper band at $83,129.0816. Bollinger Bands measure price volatility and provide dynamic support and resistance levels based on standard deviations from a moving average.
Current trading volume reaches 1,604,013,500,000, representing 1.01 times the 20-period average of 1,584,485,810,000. Trading volume measures the total number of shares or contracts traded during a specific period, indicating the level of market activity and liquidity.
The Fear & Greed Index records 38 out of 100, placing market sentiment in the Fear zone. This index measures prevailing market emotions and sentiment by analysing various factors including volatility, market momentum, social media activity, and surveys to gauge whether investors are displaying fearful or greedy behaviour.
The Federal Reserve's interest rate closed the previous day at 3.64%, whilst the Consumer Price Index registered 330.293 with a monthly variation of +0.87%. The Fed rate measures the cost of borrowing money in the US economy, and the CPI measures the average change in prices paid by consumers for goods and services over time.
The S&P 500 index closed at 7,200.75 points in the previous session. This index measures the stock performance of 500 large companies listed on US stock exchanges and serves as a benchmark for the overall US equity market performance.
The VIX closed at 16.99 points on the previous trading day. The Volatility Index measures expected volatility in the S&P 500 index over the next 30 days, derived from options prices, and serves as a gauge of market uncertainty and investor fear.
Bitcoin dominance currently stands at 58.77% of the total cryptocurrency market capitalisation. This metric measures Bitcoin's market capitalisation as a percentage of the entire cryptocurrency market, indicating its relative size and influence within the digital asset ecosystem.
The Dollar Broad Index (DTWEXBGS) closed the previous session at 118.39, recording a decline of 0.29%. This index measures the value of the US dollar against a broad basket of major trading partner currencies, weighted by trade flows.
Gold trades at $4,545.25 per ounce in real-time, whilst WTI crude oil closed the previous session at $99.89 per barrel. Gold prices measure the current market value of the precious metal used as a store of value and inflation hedge, whilst WTI oil prices measure the cost of this benchmark crude oil grade used primarily in US refining.
| Indicator | Status | Data |
|---|---|---|
| Price trend | Positive | -1.75% 24h |
| RSI (14) | Neutral | — |
| MACD | Positive | — |
| Bollinger Bands | Neutral | — |
| Volume | Neutral | — |
| Fear & Greed Index | Negative | 50/100 (Neutral) |
| BTC Dominance | Neutral | — |
| Nasdaq Composite | Positive | — |
| S&P 500 | Positive | — |
| VIX | Neutral | — |
| Fed Rates | Neutral | — |
| Dollar Index (DXY) | Negative | — |
| Gold | Positive | — |
| Oil (WTI) | Neutral | — |