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BTCUSD Bitcoin

105,116.24

776.18 (0.74%)

07:48:56 - Realtime Data

Name	Symbol	Market	Market Cap ($)	Algorithm
Bitcoin	BTCUSD	Crypto	2,076,681,880,910	SHA-256d

	Price Change	Price Change %	Current Price	Bid Price	Offer
	776.18	0.74%	105,116.24	105,116.24	105,116.25

High Price	Low Price	Open Price	Prev. Close	52 Week Range
106,554.39	104,227.01	104,335.55	104,340.06	38,501.00 - 105,100.00

Exchange	Last Trade	Size	Trade Price	Currency
GDAX	07:48:57	0.004441	105,116.24	USD

Price x Volume	Volume	Base Symbol	Related Pairs
706,103,663.09	6,708.94	BTC	BTCEUR	BTCGBP	ETHBTC

Bitcoin Price New ATH: Is This Just The Beginning?

16/12/2024 3:04am

NEWSBTC

Bitcoin price started another increase above the $100,000 resistance zone. BTC is up nearly 5% and it traded to a new all-time high above $106,400. Bitcoin started a fresh surge above the $100,000 zone. The price is trading above $102,000 and the 100 hourly Simple moving average. There is a connecting bullish trend line forming with support at $103,400 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could start a fresh increase if it stays above the $102,500 support zone. Bitcoin Price Rallies Again Bitcoin price formed a base and started a fresh increase above the $100,000 zone. There was a move above the $102,200 and $103,500 levels. The price even cleared the $104,000 level. A new all-time high was formed at $106,487 and the price is now consolidating gains. It is slowly moving lower below the 23.6% Fib retracement level of the recent wave from the $99,250 swing low to the $106,487 high. Bitcoin price is now trading above $102,000 and the 100 hourly Simple moving average. There is also a connecting bullish trend line forming with support at $103,400 on the hourly chart of the BTC/USD pair. The trend line is close to the 50% Fib retracement level of the recent wave from the $99,250 swing low to the $106,487 high. On the upside, the price could face resistance near the $105,500 level. The first key resistance is near the $106,500 level. A clear move above the $106,500 resistance might send the price higher. The next key resistance could be $108,000. A close above the $108,000 resistance might send the price further higher. In the stated case, the price could rise and test the $110,000 resistance level. Any more gains might send the price toward the $112,000 level. Another Decline In BTC? If Bitcoin fails to rise above the $105,500 resistance zone, it could continue to move down. Immediate support on the downside is near the $103,500 level or the trend line. The first major support is near the $102,000 level. The next support is now near the $100,250 zone. Any more losses might send the price toward the $98,000 support in the near term. Technical indicators: Hourly MACD – The MACD is now gaining pace in the bullish zone. Hourly RSI (Relative Strength Index) – The RSI for BTC/USD is now above the 50 level. Major Support Levels – $103,500, followed by $102,000. Major Resistance Levels – $105,500, and $106,500.

1 Year Bitcoin Chart

1 Year Bitcoin Chart

1 Month Bitcoin Chart

1 Month Bitcoin Chart

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