Market Conditions for BTCUSD as at Dec 04, 2020
Loading Market Conditions for BTCUSD (Bitcoin/US Dollar Index)...
Last 30 Days:
Support & Resistance
Multi Time Period Price Performance for Bitcoin/US Dollar Index
Bitcoin/US Dollar Index ProfileThe 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.