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Bitcoin Holds Near $83,780 as MACD Signals a Market Decision Point

Bitcoin Holds Near $83,780 as MACD Signals a Market Decision Point

Photo: TokenPost

Bitcoin (BTC) was reported at $83,780.22 on Oct. 13, down 0.49% over 24 hours, as a zero MACD histogram pointed to a market decision point without confirming the direction of the next move. The 24-hour trading range was $81,033.66 to $84,344. The moving average convergence/divergence histogram stood at 0.0000, with the MACD and signal lines converging at 690.5747. The 14-period relative strength index was 53.93. The Stochastic oscillator showed %K at 49.61 and %D at 39.69. Bitcoin remained above its seven-day simple moving average at $82,871.93, 50-day SMA at $81,142.48 and 200-day SMA at $72,169.70.

Source: TokenPost

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