1. Bullish Indicators
Currently, there are no significant bullish indicators for Bitcoin, suggesting a lack of strong upward momentum in the market.
2. Bearish Indicators
RSI (Relative Strength Index):
Current Value: 43.13 (indicating a bearish trend as it is below 50)
Previous Value: 46.04 (showing a decline)
Trend Description: Overbought conditions are present, suggesting potential downward pressure.
3. Technical Analysis
KDJ Indicator:
Current KDJ Value: 35.76
Previous KDJ Value: 31.64
This indicates a slight upward movement but remains below the critical threshold.
Bollinger Bands:
Current Price: $83,878.8
Lower Band: $83,205.8
Upper Band: $84,276.8
The price is currently near the middle of the Bollinger Bands, indicating potential volatility.
MACD (Moving Average Convergence Divergence):
Current MACD Line: Below the Signal Line, indicating a bearish trend.
Histogram: -3.28 (indicating a bearish momentum)
Previous Histogram: -20.15 (showing a slight improvement but still negative)
Technical Analysis Charts ::
MACD : No Pattern
RSI : Overbought
KDJ: No Pattern
Backtest Based on the Last 30 Days
No. of Bullish Signals 15
Signal Accuracy 33.33%
No. of Expected Pumps in the Next Hour 5Max.
Change +0.63%
No. of Bearish Signals 17
Signal Accuracy 29.41%
No. of Expected Dips in the Next Hour 5Max.
Change-0.51%
