December 30, 2024 BTC – Bitcoin Daily Chart Analysis
Outlook
BTC current price is 93718.92 USDT and the current market cap is 1.622.164.218 USDT. This chart period started 210 days ago (04 June 2024) with a total of 106 days closing above the opening price and 104 days closing below the opening price. The lowest price was 49000.00 USDT on 05 August 2024, and the highest price was 108353.00 USDT on 17 December 2024. The current price is 91.26% above the lowest price and 13.51% below the highest price.
Moving Average
Moving Averages (Closing Prices):
5-Day Moving Average: 94569.55
22-Day Moving Average: 98557.79
50-Day Moving Average: 96386.62
100-Day Moving Average: 81632.43
250-Day Moving Average: 70315.47
500-Day Moving Average: 57040.04
Moving Average Analysis
The current price is %0.90 lower than the 5-Day moving average and has been below it for 2 days.
The current price is %4.91 lower than the 22-Day moving average and has been below it for 5 days.
The current price is %2.77 lower than the 50-Day moving average and has been below it for 5 days.
The current price is %14.81 higher than the 100-Day moving average and has been above it for 50 days.
The current price is %33.28 higher than the 250-Day moving average and has been above it for 55 days.
The current price is %64.30 higher than the 500-Day moving average and has been above it for 113 days.
Trends
The longest uptrend in the 210 day period is 7 days. It started at 67850.01 USDT on 04 November 2024 and ended by increasing by 30.65% to 88647.99 USDT on 11 November 2024.
The longest downtrend is 6 days. It started at 72736.42 USDT on 29 October 2024 and ended by decreasing -6.72% to 67850.01 USDT on 04 November 2024.
Support & Resistance
This review was made for the last 7 days
Last 7 days support levels:
Support: 95199.14 USDT on 26-12-2024
Support: 93500.01 USDT on 27-12-2024
Support: 93009.52 USDT on 29-12-2024
Last 7 days resistance levels:
Resistance: 99569.15 USDT on 25-12-2024
Resistance: 99963.70 USDT on 26-12-2024
The lowest support level is 93009.52 USDT on 29-12-2024, and the highest resistance level is 99963.70 USDT on 26-12-2024. The percentage difference between these levels is approximately 7.5%.
Volume
The previous trading day’s volume (29-12-2024) 13,576.01 USDT. Highest volume in the last 210 days is 162,065.59 USDT on 05-08-2024. Lowest volume in the last 210 days is 5,873.79 USDT on 30-12-2024. Difference between highest and lowest volume is 2659.13%.
Volume Moving Averages
( Excluding Today)
5-day Moving Average Volume: 16,825.94 USDT
22-day Moving Average Volume: 30,351.83 USDT
50-day Moving Average Volume: 39,526.87 USDT
100-day Moving Average Volume: 32,573.81 USDT
250-day Moving Average Volume: 30,316.21 USDT
Volume Moving Averages Comparison
Volume of the previous trading day: 13,576.01 USDT
Previous day’s volume is 19.32% lower than the 5-day moving average.
Previous day’s volume is 55.27% lower than the 22-day moving average.
Previous day’s volume is 65.65% lower than the 50-day moving average.
Previous day’s volume is 58.32% lower than the 100-day moving average.
Previous day’s volume is 55.22% lower than the 250-day moving average.
Percentage Differences Between Moving Averages:
5-day moving average is -44.56% lower than the 22-day moving average.
22-day moving average is -23.21% lower than the 50-day moving average.
50-day moving average is 21.35% higher than the 100-day moving average.
100-day moving average is 7.45% higher than the 250-day moving average.
Volume Trend
The longest consecutive volume increase started on 14-09-2024 with a volume of 12,137.91 USDT and ended on 18-09-2024 with a volume of 36,087.02 USDT, lasting for 4 days and representing a 197.31% increase.
The longest consecutive volume decrease started on 11-06-2024 with a volume of 41,436.02 USDT and ended on 16-06-2024 with a volume of 9,392.52 USDT, lasting for 5 days and representing a 77.33% decrease.
Price Volume Coorelation
During the longest volume increasing period price increase from 59993.03 USDT to 61759.99 USDT, which represents a 2.95% change.
During the longest volume decreasing period price decrease from 67314.24 USDT to 66676.87 USDT, which represents a -0.95% change.
Strategy
There is no trend formation at the moment. We should wait until a trend forms.
BTC – Bitcoin
Legal Disclaimer: This Chart and The Accompanying Analyses Are Not Investment Advice.
