BTCUSD

8,009.26 -145.86 (-1.79%) Watchlist
Daily technical analysis  candlestick chart for Bitcoin/US Dollar Index (BTCUSD) as at Oct 16, 2019
Weekly technical analysis candlestick chart for Bitcoin/US Dollar Index (BTCUSD) as at Oct 16, 2019
Monthly technical analysis candlestick chart for Bitcoin/US Dollar Index (BTCUSD) as at Oct 16, 2019

Market Conditions for BTCUSD as at Oct 16, 2019

Loading Market Conditions for BTCUSD (Bitcoin/US Dollar Index)...

TQ Sentiment

Technical Forecast:
TQ Pro Only
See the overall Technical Analysis forecast for today.
Last 30 Days:

Support & Resistance

R2 8,834.11
R1 8,194.16
Latest Close 8,009.26
S1 -
S2 -

TQ Trend

10-day
50-day
100-day

Pivot Points

S1 7,905.55 R3 8,400.83
S2 7,801.84 R2 8,297.12
S3 7,657.91 R1 8,153.19

Multi Time Period Price Performance for Bitcoin/US Dollar Index

Period Range Performance
1-Week
  • Today
     
    7,945.77
    8,834.11
-182.61 (-2.23%)
1-Month
  • Today
     
    7,736.96
    10,411.06
-2,303.76 (-22.34%)
1-Year
  • Today
     
    3,169.53
    13,826.76
1,396.57 (21.12%)
YTD
  • Today
     
    3,362.24
    13,826.76
4,261.87 (113.73%)

Bitcoin/US Dollar Index Profile

The Bitcoin/US Dollar Index tracks the BTC/USD cryptocurrency pair that is traded decentralized around the globe. BTC is the base currency and USD is the quote currency, meaning that 1 Bitcoin was worth 8,009.26 US Dollar at the end of Wednesday's session, -1.79% less than 24 hours earlier.
Technical Analysis Summary for Oct. 16, 2019
While BTC/USD is experiencing a short-term uptrend, this could just be a correction, as both the medium and long-term trends are still bearish. Wednesday's trading range has been $247.64 (3.03%), that's below the last trading month's daily average range of $330.67. Further selling might move prices lower should the market test September's nearby low at 7736.96.

Latest Technical Analysis Report:

BTCUSD breaks below Tuesday's low

Oct 16, 2019
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