The hourly view for BTC
Last updated November 21, 2020 at 02:036 UTC
Currently, the price of BTC is up $ 114.88 (0.61%) from the previous hour. BTC has seen its price drop up to 4 of the last 5 hours, thus creating interesting opportunities for the bulls. As for the trend on the hourly calendar, we see the clearest trend over the 20 hour period. Moving averages over the hourly period suggest that the price is falling, as the 20, 50, 100, and 200 are all in a bearish alignment – meaning that shorter duration moving averages are lower than longer duration averages, this which implies a stable downward trend.
Daily Bitcoin Price Summary
Bitcoin is up 4.76% ($ 848.14) since the day before, marking the 5th consecutive day, an increase has occurred. The price movement occurred on a higher volume; more specifically, yesterday’s volume was up 9.31% from the previous day and 35.37% from the same day the previous week. Compared to other instruments in the Top Cryptos asset class, Bitcoin has ranked 6th since yesterday in terms of percentage price change. Let’s take a look at the daily Bitcoin price chart.
Bitcoin technical analysis
The clearest trend exists on the 30th day calendar, which shows that the price increases during this period. For more context, note that the price has increased by 19 over the last 30 days.