Based on today's classical pivot point (P1) with the value of $0.0₅5720, Big Back Bitcoin has support levels of $0.0₅5496, $0.0₅5267, and the strongest at $0.0₅5042. Similarly, Big Back Bitcoin resistance levels are at $0.0₅5949, $0.0₅6174, and $0.0₅6403.
| # | Price | Strength |
|---|---|---|
| S1 | $0.0₅5496 | |
| S2 | $0.0₅5267 | |
| S3 | $0.0₅5042 |
| # | Price | Strength |
|---|---|---|
| R1 | $0.0₅5949 | |
| R2 | $0.0₅6174 | |
| R3 | $0.0₅6403 |
Technical indicators are an essential tool for conducting technical analysis. They provide insights into an asset's market status, investor sentiment, and more, thereby helping investors make more informed trading decisions.
| Period | Value | Action |
|---|---|---|
| RSI (14) | 52.23 | NEUTRAL |
| Stoch RSI (14) | 84.83 | SELL |
| Stochastic Fast (14) | 47.83 | NEUTRAL |
| Commodity Channel Index (20) | 24.02 | NEUTRAL |
| Average Directional Index (14) | 12.88 | NEUTRAL |
| Awesome Oscillator (5, 34) | 0.00 | NEUTRAL |
| Momentum (10) | 0.00 | BUY |
| MACD (12, 26) | 0.00 | BUY |
| Williams Percent Range (14) | -52.17 | NEUTRAL |
| Bull Bear Power (13) | 0.00 | NEUTRAL |
| Ultimate Oscillator (7, 14, 28) | 39.90 | NEUTRAL |
| VWMA (10) | 0.00 | BUY |
| Hull Moving Average (9) | 0.00 | BUY |
| Ichimoku Cloud B/L (9, 26, 52, 26) | 0.00 | NEUTRAL |
Over the past 7 days, Big Back Bitcoin price was most positively correlated with the price of Chainlink (LINK), Dash (DASH), Ondo Finance (ONDO), Ethereum Classic (ETC) and Uniswap (UNI) and most negatively correlated with the price of Arbitrum (ARB), Midnight (NIGHT), Quant (QNT), JUST (JST) and Canton (CC).
| Name | Correlation |
|---|---|
| Chainlink | 0.856 |
| Dash | 0.851 |
| Ondo Finance | 0.847 |
| Ethereum Classic | 0.841 |
| Uniswap | 0.810 |
| Name | Correlation |
|---|---|
| Arbitrum | -0.550 |
| Midnight | -0.476 |
| Quant | -0.391 |
| JUST | -0.377 |
| Canton | -0.377 |
Big Back Bitcoin price is positively correlated with the top 10 coins by market cap with a price of 0.136, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.345.
Currencies that are positively correlated with Big Back Bitcoin indicate that the movement of one has a statistically significant weight to lead the other in the same direction. For currencies that are negatively correlated with Big Back Bitcoin, a move in one direction for Big Back Bitcoin would translate into a move in the opposite direction for the negatively correlated coin.
