Sentiment: Bullish
Bitcoin is currently trading at $115,428, showing modest strength with a 1.025% gain over the past 24 hours. The price sits just above the 20-day SMA of $115,135, indicating potential short-term support, while remaining comfortably above the 50-day SMA of $114,476. The RSI reading of 41 suggests the asset is approaching oversold territory, potentially setting up for a bounce. Volume remains healthy at $1.5 billion, supporting the current price action. Volatility at 1.23% is relatively moderate for Bitcoin. Traders should watch for a break above $116,000 for confirmation of upward momentum, with support likely around $114,500. Consider scaling into long positions on any dips toward the 50-day SMA, using tight stops below $114,000.
Key Metrics
| Price | 115428.1200 USDT |
| 24h Change | 1.02% |
| 24h Volume | 1513566248.86 |
| RSI(14) | 41.06 |
| SMA20 / SMA50 | 115135.74 / 114476.27 |
| Daily Volatility | 1.23% |
Bitcoin — 1h candles, 7D window (SMA20/SMA50, RSI).
