Based on today's classical pivot point (P1) with the value of $0.1244, Bitcoin Future has support levels of $0.1198, $0.1139, and the strongest at $0.1093. Similarly, Bitcoin Future resistance levels are at $0.1303, $0.1349, and $0.1408.
| # | Price | Strength |
|---|---|---|
| S1 | $0.1198 | |
| S2 | $0.1139 | |
| S3 | $0.1093 |
| # | Price | Strength |
|---|---|---|
| R1 | $0.1303 | |
| R2 | $0.1349 | |
| R3 | $0.1408 |
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) | 43.01 | NEUTRAL |
| Stoch RSI (14) | 20.27 | NEUTRAL |
| Stochastic Fast (14) | 28.24 | NEUTRAL |
| Commodity Channel Index (20) | -76.40 | NEUTRAL |
| Average Directional Index (14) | 15.82 | NEUTRAL |
| Awesome Oscillator (5, 34) | -0.00 | NEUTRAL |
| Momentum (10) | -0.01 | NEUTRAL |
| MACD (12, 26) | 0.00 | NEUTRAL |
| Williams Percent Range (14) | -71.76 | NEUTRAL |
| Bull Bear Power (13) | -0.01 | NEUTRAL |
| Ultimate Oscillator (7, 14, 28) | 54.66 | NEUTRAL |
| VWMA (10) | 0.13 | SELL |
| Hull Moving Average (9) | 0.12 | BUY |
| Ichimoku Cloud B/L (9, 26, 52, 26) | 0.14 | NEUTRAL |
Over the past 7 days, Bitcoin Future price was most positively correlated with the price of Aster (ASTER), Cronos (CRO), Monero (XMR), Midnight (NIGHT) and Immutable X (IMX) and most negatively correlated with the price of JUST (JST), DeXe (DEXE), Quant (QNT), Zebec Network (ZBCN) and TRON (TRX).
| Name | Correlation |
|---|---|
| Aster | 0.649 |
| Cronos | 0.632 |
| Monero | 0.628 |
| Midnight | 0.616 |
| Immutable X | 0.612 |
| Name | Correlation |
|---|---|
| JUST | -0.594 |
| DeXe | -0.472 |
| Quant | -0.471 |
| Zebec Network | -0.430 |
| TRON | -0.365 |
Bitcoin Future price is positively correlated with the top 10 coins by market cap with a price of 0.525, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.432.
Currencies that are positively correlated with Bitcoin Future 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 Bitcoin Future, a move in one direction for Bitcoin Future would translate into a move in the opposite direction for the negatively correlated coin.
