Bitcoin (BTC) Price Predictions / Bitcoin (BTC) Forecast

After Price Change
1 day $6,596.5803 0.08%
1 week $6,675.7771 1.28%
1 month $6,610.4434 0.29%
6 months $7,180.0542 8.93%
1 year $9,498.0547 44.10%
5 years $24,084.7560 265.40%

We've applied Technical Analysis to the price of Bitcoin (BTC/USD) for today and predict where price is headed.

Bitcoin Price Analysis

The Relative Strength Index (RSI) is an important indicator for measuring the speed and variation of price movements. Its value ranges from zero and 100. The value around 30 and below is considered an oversold region and over 70 as oversold regions. Relative Strength Index is indicating Neutral action, with value at 50.4.

The Commodity Channel Index (CCI) is a momentum-based technical trading tool used to determine when a market is overbought or oversold. Commodity Channel Index is showing Neutral signal, with value at 32.6.

The stochastic oscillator is a momentum indicator that compares the closing price of a security with the price range over a specific period. Stochastic oscillator is showing Neutral signal, with value at 68.5.

10 days Simple Moving Average is indicating Buy since Bitcoin is trading at $6591.41, below MAs value of 6594.6. 100 days Exponential Moving Average is indicating Sell since Bitcoin is trading at $6591.41, below MAs value of 6872.4. 20 days Volume Weighted Moving Average is indicating Buy action with value at 6541.8, Bitcoin is trading below it at $6591.41.

200 days Simple Moving Average is at 7328, showing Sell signal, Bitcoin is trading below it at $6591.41. 10 days Exponential Moving Average is indicating Buy action with value at 6590.7, Bitcoin is trading below it at $6591.41. 9 days Ichimoku Cloud Base Line is indicating Neutral action with value at 6470.5, Bitcoin is trading below it at $6591.41.

20 days Exponential Moving Average is indicating Buy since Bitcoin is trading at $6591.41, below MAs value of 6580.4. 30 days Exponential Moving Average is indicating Buy since Bitcoin is trading at $6591.41, below MAs value of 6594.9. 30 days Simple Moving Average is indicating Buy action with value at 6549.7, Bitcoin is trading below it at $6591.41.

Also Read: Bitcoin Mining Pools

9 days Hull Moving Average is at 6620.4, showing Sell signal, Bitcoin is trading below it at $6591.41. 200 days Exponential Moving Average is at 7293.2, showing Sell signal, Bitcoin is trading below it at $6591.41. 50 days Exponential Moving Average is indicating Sell action with value at 6650.4, Bitcoin is trading below it at $6591.41.

100 days Simple Moving Average is at 6758.3, showing Sell signal, Bitcoin is trading below it at $6591.41. 50 days Simple Moving Average is indicating Sell since Bitcoin is trading at $6591.41, below MAs value of 6600.2. 20 days Simple Moving Average is indicating Buy since Bitcoin is trading at $6591.41, below MAs value of 6544.2.

Other Technical Price Analysis for today:

Litecoin (LTC/USD) Price Prediction via Technical Analysis for 02 October 2018

Ethereum (ETH/USD) Price Prediction via Technical Analysis for 02 October 2018

Ripple (XRP/USD) Price Prediction via Technical Analysis for 02 October 2018