bitcoin
Bitcoin (BTC) $ 64,580.30
ethereum
Ethereum (ETH) $ 3,112.25
tether
Tether (USDT) $ 1.00
bnb
BNB (BNB) $ 564.12
xrp
XRP (XRP) $ 0.599038
cardano
Cardano (ADA) $ 0.385264
usd-coin
USDC (USDC) $ 1.00
matic-network
Polygon (MATIC) $ 0.486287
binance-usd
BUSD (BUSD) $ 0.997348
dogecoin
Dogecoin (DOGE) $ 0.121424
okb
OKB (OKB) $ 39.12
polkadot
Polkadot (DOT) $ 5.61
shiba-inu
Shiba Inu (SHIB) $ 0.000016
tron
TRON (TRX) $ 0.135241
uniswap
Uniswap (UNI) $ 7.13
wrapped-bitcoin
Wrapped Bitcoin (WBTC) $ 64,525.29
dai
Dai (DAI) $ 1.00
litecoin
Litecoin (LTC) $ 68.32
staked-ether
Lido Staked Ether (STETH) $ 3,112.86
solana
Solana (SOL) $ 167.02
avalanche-2
Avalanche (AVAX) $ 26.37
chainlink
Chainlink (LINK) $ 12.56
cosmos
Cosmos Hub (ATOM) $ 5.73
the-open-network
Toncoin (TON) $ 6.49
ethereum-classic
Ethereum Classic (ETC) $ 21.52
leo-token
LEO Token (LEO) $ 5.83
filecoin
Filecoin (FIL) $ 4.09
bitcoin-cash
Bitcoin Cash (BCH) $ 350.95
monero
Monero (XMR) $ 157.66
bitcoin
Bitcoin (BTC) $ 64,580.30
ethereum
Ethereum (ETH) $ 3,112.25
tether
Tether (USDT) $ 1.00
bnb
BNB (BNB) $ 564.12
usd-coin
USDC (USDC) $ 1.00
xrp
XRP (XRP) $ 0.599038
binance-usd
BUSD (BUSD) $ 0.997348
dogecoin
Dogecoin (DOGE) $ 0.121424
cardano
Cardano (ADA) $ 0.385264
solana
Solana (SOL) $ 167.02
matic-network
Polygon (MATIC) $ 0.486287
polkadot
Polkadot (DOT) $ 5.61
tron
TRON (TRX) $ 0.135241

Key Indicators and What Else to Look For

Must Read

Bitcoin’s current worth actions have been a whipsaw, characterised by a light rebound following a dip over the previous two weeks. In accordance with Santiment, a market analytics platform, Bitcoin’s rebound has been short-lived, however there are promising indicators {that a} extra substantial bounce is likely to be on the horizon.

🧐 Bitcoin’s delicate rebound after the dip the previous 2 weeks has been short-lived for now. However observe the continued damaging sentiment pouring in from the group, indicating their persistence is sporting skinny. This, together with a low RSI of simply 36, are sturdy indications a bounce is shut. pic.twitter.com/5Ilxqyds6K

— Santiment (@santimentfeed) June 28, 2024

Key indicators

Santiment’s evaluation factors to a continued wave of damaging sentiment among the many crypto group. This rising impatience is a notable indicator, usually signaling a possible market turnaround. The crypto Concern and Greed index is at the moment at worry, suggesting market pessimism.

When the group turns into overwhelmingly pessimistic, it may set the stage for a worth restoration because it means that promoting strain could also be nearing exhaustion.

One other key indicator to look at is Bitcoin’s Relative Energy Index (RSI). Presently sitting at a low of simply 36, the RSI means that Bitcoin is nearing oversold territory.

The RSI is a momentum oscillator that measures the pace and alter of worth actions. An RSI beneath 30 is usually thought-about oversold, indicating a possible shopping for alternative. Though Bitcoin has not reached this threshold but, its proximity to it may imply a bounce is shut.

What else to search for

Alongside the RSI, different technical indicators corresponding to Shifting Averages (MA) could present additional context for the Bitcoin worth. Bitcoin is at the moment buying and selling beneath its each day SMA 50 at $66,341, and a powerful transfer above this degree may sign the beginning of a brand new uptrend.

Within the short-to-mid time period, it may additionally be important to keep watch over macro elements impacting broader market tendencies. Financial knowledge, regulatory information and world occasions may affect Bitcoin’s worth. On the time of writing, BTC was up 0.18% within the final 24 hours to $60.877.

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