Markets· ★★· neutral·

Bitcoin Rises 1.38% to $85,975 but Volume Runs 21% Below Average

  • —BTC at $85,975: +1.38% from the open, +0.53% from the prior close
  • —Price holds above SMA-7, SMA-30 and SMA-200; RSI at 63.5
  • —Daily volume of $23.27B is 21.15% below the 30-day average
  • —Leveraged funds cut both short and long BTC futures positions
Why it matters: The technical setup is constructive, but without a volume expansion a breakout above resistance remains unconfirmed.
#BTC
Source: DiarioBitcoin
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