Markets· ★★· neutral·

Bitcoin rises to $83,374 but volume stays below average

  • —BTC at $83,374, up roughly 0.83% from the $82,688.5 close
  • —Daily volume $26.04 billion, 12.25% below the 30-day average
  • —RSI at 54 and bearish MACD signal no confirmed momentum
  • —Price above SMA-7, SMA-15, SMA-50 and SMA-200 but below SMA-30
Why it matters: Thin volume and a bearish MACD mean the rebound is unconfirmed; traders may wait for a close above the $83,647 SMA-30.
Source: DiarioBitcoin