Bitcoin price today is $51,814.59. BTCUSD has now successfully broken the upper band line, it appears that the price is outside the upper band line which indicates strong bullishness is occurring in this pair.
It seems that the bullish sentiment in cryptocurrencies continues today, Bitcoin is up to 4.34%, Ethereum is up to 5.54%, Solana is up to 3.42%, BNB is 3.02%, XRP is up to 2.1%, and Cardano is up to 6.11%.
Coinmarketcap's Fear and Greed Index shows a value of 71, which means market greed for cryptocurrencies is high. If the Fear and Greed Index value reaches 100, it means the market is extremely greedy and possible correction.
Bitcoin has now broken the psychological level of $50K and has reached $51K, Ethereum reached $2774, Solana $116 BNB $334, XRP 0.5398 Cardano $0.5769
Coindesk Market Index shows a value of 2132 with Constituent Weights Bitcoin 61%, Ethereum 20%, Solana 3%, XRP 3%, Cardano 1% and Others 13%
BTCUSD D1 Ticktrader FXOpen
In the D1 timeframe, the price is now at 51766 on Ticktrader FXOpen, here you can see the Bollinger band expanding, indicating increasing market volatility.
MA 50, which measures the average price movement for the past 50 days, has formed an upward channel below the middle band line, an indication of strong bullish momentum.
The 200 MA is far below the lower band and also forms an upward channel indicating long-term bullish sentiment.
The RSI indicator that measures overbought and oversold prices shows a value of 81, which means the price is in the overbought zone which may be corrected. RSI is a leading indicator that gives signals before a trend is formed.
It seems that the bullish sentiment in cryptocurrencies continues today, Bitcoin is up to 4.34%, Ethereum is up to 5.54%, Solana is up to 3.42%, BNB is 3.02%, XRP is up to 2.1%, and Cardano is up to 6.11%.
Coinmarketcap's Fear and Greed Index shows a value of 71, which means market greed for cryptocurrencies is high. If the Fear and Greed Index value reaches 100, it means the market is extremely greedy and possible correction.
Bitcoin has now broken the psychological level of $50K and has reached $51K, Ethereum reached $2774, Solana $116 BNB $334, XRP 0.5398 Cardano $0.5769
Coindesk Market Index shows a value of 2132 with Constituent Weights Bitcoin 61%, Ethereum 20%, Solana 3%, XRP 3%, Cardano 1% and Others 13%
BTCUSD D1 Ticktrader FXOpen
In the D1 timeframe, the price is now at 51766 on Ticktrader FXOpen, here you can see the Bollinger band expanding, indicating increasing market volatility.
MA 50, which measures the average price movement for the past 50 days, has formed an upward channel below the middle band line, an indication of strong bullish momentum.
The 200 MA is far below the lower band and also forms an upward channel indicating long-term bullish sentiment.
The RSI indicator that measures overbought and oversold prices shows a value of 81, which means the price is in the overbought zone which may be corrected. RSI is a leading indicator that gives signals before a trend is formed.
