BTCUSD

18,665.00 -783.44 (-4.03%) Watchlist
Daily technical analysis  candlestick chart for Bitcoin/US Dollar Index (BTCUSD) as at Dec 04, 2020
Weekly technical analysis candlestick chart for Bitcoin/US Dollar Index (BTCUSD) as at Dec 04, 2020
Monthly technical analysis candlestick chart for Bitcoin/US Dollar Index (BTCUSD) as at Dec 04, 2020

Market Conditions for BTCUSD as at Dec 04, 2020

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

TQ Sentiment

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

Support & Resistance

R2 -
R1 19,488.81
Latest Close 18,665.00
S1 18,194.17
S2 15,948.88

TQ Trend

10-day
50-day
100-day

Pivot Points

S1 18,331.99 R3 20,207.65
S2 17,998.97 R2 19,874.63
S3 17,394.16 R1 19,269.82

Multi Time Period Price Performance for Bitcoin/US Dollar Index

Period Range Performance
1-Week
  • Today
     
    16,462.87
    19,911.79
1,489.14 (8.67%)
1-Month
  • Today
     
    13,539.13
    19,911.79
4,641.22 (33.10%)
1-Year
  • Today
     
    3,948.92
    19,911.79
11,457.22 (158.96%)
YTD
  • Today
     
    3,948.92
    19,911.79
11,481.12 (159.82%)

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 18,665.00 US Dollar at the end of Friday's session, -4.03% less than 24 hours earlier.
Technical Analysis Summary for Dec. 4, 2020
Though Bitcoin is currently in a short-term downtrend, this might just be a correction, as both the medium and long-term trends are still bullish. Friday's trading range has been $937.83 (4.82%), that's slightly below the last trading month's daily average range of $1096.92. Selling could speed up should prices move below the nearby swing low at 18194.17 where further sell stops might get activated.

Latest Technical Analysis Report:

BTCUSD runs into sellers again around 19541.62

Dec 04, 2020
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