Market Conditions for BTCUSD as at Oct 16, 2019
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 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.