The hourly display for BTC
Last updated November 6, 2020, 01: 036 GMT
Currently, the price of BTC is down $ -36.22 (-0.23%) from the previous hour. It was a party for bulls trading on an hourly time frame, as BTC has now risen by 4 of the last 5 hours. If you are a trend trader, consider that the strongest clear trend on the hourly chart exists in the 100 hour period. The moving averages over the hourly timeframe suggest a decline in price, as 20, 50, 100 and 200 are all in a bearish alignment, which means that the shorter duration moving averages are lower than the longer duration averages, the which implies a stable downward trend.
Bitcoin daily price summary
Bitcoin is up 10.19% ($ 1442.19) from the previous day, marking the 3rd consecutive day, it has increased. As for the volume trend, yesterday’s volume increased by 47.78% compared to the previous day (Wednesday) and by 12.51% compared to Thursday of the previous week. Bitcoin has outperformed all 7 assets in the Top Cryptos asset class from the previous day. Here is a chart of Bitcoin’s daily prices.
Bitcoin technical analysis
The clearest trend exists in the 30 days time frame, which shows the price rising over that period For another point of view, consider that Bitcoin’s price has risen by 23 in the previous 30 trading days.
Heard on Twitter
For laughs, quarrels or really useful information, let’s see what the most popular tweets related to Bitcoin have been in the last day:
- From APompliano:
Important message when we enter the next Bitcoin bull market: – BTC is very volatile
– You can lose all your money
– Invest only what is right to lose
– Twitter is not an investment advice
– Do not buy BTC with credit cards
– Keep a low time preference
– Do your research🙏🏽🙏🏽 - From micsolana:
November 4, 2017, the price of bitcoin was half of what it is today and no one could stop talking about it. six weeks later it reached its all-time high of 20k after climbing nearly 3 times. we’re not even close to advertising euphoria. the next bull run will be insane.
- From JohnHeizelman1:
@Emperor_bitcoin @HKrassenstein @realDonaldTrump Are you kidding me? Truck loads?
Oh sure, I’ll take back my shipment of illegal ballot papers that my friends and I spent MONTH faking thousands of signatures all the way to my local polling station and I don’t expect ANYONE to see me. Deliver them without ANYONE asking: WTF?
In terms of news links for Bitcoin, here is one for you to try:
Update: Bitcoin Targets $ 20,000 While Ethereum, Ripple’s XRP, Chainlink, and Litecoin Suddenly Go Up
“Regardless of the outcome of the election, it could be said that we are seeing a growing recognition of bitcoin’s unique qualities as we adapt to the very kind of difficult times for which the world’s largest cryptocurrency was invented.” I am a journalist with significant experience in technology, finance, economics and business around the world …. As the founding editor of Verdict.co.uk I have reported being a journalist with significant experience in technology, finance, economics and business around the world.
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