$BTC daily levels: 87,396 as the next test up and a floor near 79,800.
$BTC is caught between its averages, above the MA25 at 83,418 and above the MA99 at 74,936, so neither trend camp has the chart right now. The average daily range on $BTC is about 2.40% of price; volatility is moderate for an altcoin. Daily MACD bars are red, and they are getting smaller — the move is losing some drive. The move over the MA25 (83,418) is recent, only today.
A close outside 74,936 to 83,418 should settle the direction.
Context: this is roughly in step with $XRP (+3.97%), while $TAO is the nearest comparable at +1.03%.
$BTC is caught between its averages, above the MA25 at 83,418 and above the MA99 at 74,936, so neither trend camp has the chart right now. The average daily range on $BTC is about 2.40% of price; volatility is moderate for an altcoin. Daily MACD bars are red, and they are getting smaller — the move is losing some drive. The move over the MA25 (83,418) is recent, only today.
A close outside 74,936 to 83,418 should settle the direction.
Context: this is roughly in step with $XRP (+3.97%), while $TAO is the nearest comparable at +1.03%.
