Markets· ★★· neutral·

Bitcoin rises 0.79% to $85,244 on volume 58% below average

  • —BTC at $85,244, up 0.79% on the day, range $84,806–$85,303
  • —Volume at $12.53B, 58.25% below the 30-day average
  • —RSI at 61.6, price above SMA-7, SMA-15 and SMA-30, MACD bearish
  • —Leveraged funds cut bitcoin futures shorts by 5,300 BTC
Why it matters: The rally lacks volume confirmation, leaving it vulnerable to a pullback unless fresh capital validates the breakout.
#BTC
Source: DiarioBitcoin
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