BITCOIN ANALYSIS TODAY (November 04)
Bitcoin price trend today 4/11, although it seems to want to break away from the shadow of the stock market, it is difficult to avoid falling after the announcement of raising interest rates by 0.75 percentage points by the US Federal Reserve. (Fed).
The current bitcoin price on Coindesk on November 3 at 10:17 am at 20,298.99 USD, down 1.2% compared to 24 hours ago.
According to data from Coindesk, in the past 24 hours, the lowest bitcoin price dropped to $ 20,062.70. The highest bitcoin transaction price in the past 24 hours is 20,797.97 USD.
Bitcoin trading volume in the last 24 hours is 1.43 billion USD. Market capitalization rose to $389.76 billion. The circulating supply is 19.19 million.
The total cryptocurrency market value recorded at 7:55 am at $ 999.58 billion, down $ 18.34 billion compared to 24 hours ago.
About Technical Analysis
BTC is still holding inside a momentum accumulation zone, located above the EMA25. We now just need to wait for another signal to break out of the momentum accumulation zone to buy.
And in case the price breaks below the 25 EMA and closes below, we have to stand outside and observe more, because that is a sign of the complexity of the current market!
The current bitcoin price on Coindesk on November 3 at 10:17 am at 20,298.99 USD, down 1.2% compared to 24 hours ago.
According to data from Coindesk, in the past 24 hours, the lowest bitcoin price dropped to $ 20,062.70. The highest bitcoin transaction price in the past 24 hours is 20,797.97 USD.
Bitcoin trading volume in the last 24 hours is 1.43 billion USD. Market capitalization rose to $389.76 billion. The circulating supply is 19.19 million.
The total cryptocurrency market value recorded at 7:55 am at $ 999.58 billion, down $ 18.34 billion compared to 24 hours ago.
About Technical Analysis
BTC is still holding inside a momentum accumulation zone, located above the EMA25. We now just need to wait for another signal to break out of the momentum accumulation zone to buy.
And in case the price breaks below the 25 EMA and closes below, we have to stand outside and observe more, because that is a sign of the complexity of the current market!