Based on today's classical pivot point (P1) with the value of $8.86, Bitcoin Pro has support levels of $8.86, $8.86, and the strongest at $8.86. Similarly, Bitcoin Pro resistance levels are at $8.87, $8.87, and $8.87.
| # | Price | Strength |
|---|---|---|
| S1 | $8.86 | |
| S2 | $8.86 | |
| S3 | $8.86 |
| # | Price | Strength |
|---|---|---|
| R1 | $8.87 | |
| R2 | $8.87 | |
| R3 | $8.87 |
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) | 44.14 | NEUTRAL |
| Stoch RSI (14) | 1.38 | BUY |
| Stochastic Fast (14) | 1.95 | BUY |
| Commodity Channel Index (20) | -150.27 | BUY |
| Average Directional Index (14) | 18.66 | NEUTRAL |
| Awesome Oscillator (5, 34) | 0.13 | NEUTRAL |
| Momentum (10) | -0.28 | NEUTRAL |
| MACD (12, 26) | 0.17 | NEUTRAL |
| Williams Percent Range (14) | -98.05 | BUY |
| Bull Bear Power (13) | -0.24 | NEUTRAL |
| Ultimate Oscillator (7, 14, 28) | 20.51 | BUY |
| VWMA (10) | 8.98 | SELL |
| Hull Moving Average (9) | 8.86 | BUY |
| Ichimoku Cloud B/L (9, 26, 52, 26) | 8.97 | NEUTRAL |
Over the past 7 days, Bitcoin Pro price was most positively correlated with the price of Polygon Ecosystem Token (POL), Official Trump (TRUMP), Cosmos (ATOM), Immutable X (IMX) and NEAR Protocol (NEAR) and most negatively correlated with the price of Curve DAO Token (CRV), LEO Token (LEO), OKB (OKB), Uniswap (UNI) and Jupiter (JUP).
| Name | Correlation |
|---|---|
| Polygon Ecosystem Token | 0.942 |
| Official Trump | 0.940 |
| Cosmos | 0.930 |
| Immutable X | 0.923 |
| NEAR Protocol | 0.923 |
| Name | Correlation |
|---|---|
| Curve DAO Token | -0.765 |
| LEO Token | -0.720 |
| OKB | -0.576 |
| Uniswap | -0.548 |
| Jupiter | -0.545 |
Bitcoin Pro price is positively correlated with the top 10 coins by market cap with a price of 0.374, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.507.
Currencies that are positively correlated with Bitcoin Pro 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 Pro, a move in one direction for Bitcoin Pro would translate into a move in the opposite direction for the negatively correlated coin.
