$BTC

BTC Price Analysis

Summary

As of the latest data, Bitcoin (BTC) is trading at approximately $98,182.95. Over the past 24 hours, it has experienced a price increase of about 4.58%. The highest price reached during this period was $99,499.99, while the lowest was $93,841.66. The market sentiment is currently leaning towards greed, with a Fear and Greed Index score of 73.

Detailed Analysis

1. Current Market Data

Last Price: $98,182.95

24h Price Change: +4,58%

24h High: $99,499.99

24h Low: $93,841.66

24h Trading Volume: 23,168.47 BTC

24h Turnover: $2,252,212,587.67

2. Support and Resistance Levels

Resistance Price: $98,687.10

Support Price: $96,954.20

3. Capital Flow

Net Capital Flow: $866,145,366

Capital Inflow: $5,423,729,127

Capital Outflow: $4,557,583,761

4. Market Sentiment

Fear and Greed Index: 73 (Greed)

5. Technical Indicators

KDJ: Current value is 54.70, indicating a potential upward trend.

Bollinger Bands: Current price is near the upper band, suggesting potential overbought conditions.

MACD: The MACD line is above the signal line, indicating bullish momentum.

RSI: Currently at 43.97, suggesting that BTC is not yet overbought.

Conclusion

Bitcoin is currently in a bullish phase, supported by positive price momentum and a strong capital inflow. However, it is approaching resistance levels, which could lead to a price correction if it fails to break through. Traders should monitor the support level closely and consider the overall market sentiment, which is currently greedy.