BITCOIN is trading at $0.022, down 2.21% over 24 hours with $10.98K in volume.

BITCOIN Price Action Analysis

HarryPotterObamaSonic (Wormhole) (BITCOIN) is currently trading at $0.022, having retreated 2.21% over the last 24 hours despite overall market uncertainty. 24-hour trading volume stands at $10.98K. The price is contained within the Bollinger Bands (Upper: $0.023, Lower: $0.022), trading near the lower half around the middle band ($0.022).

BITCOIN Trading Activity & Liquidity

In the most recent hour, BITCOIN recorded 9 trades totalling $30.07 in volume. Buyers accounted for 56% ($2.35) and sellers 44% ($27.72). 4 unique wallets participated. Available liquidity for BITCOIN is $58.08K.

BITCOIN Technical Analysis Summary

On the 1-hour timeframe, technical analysis generates a 'Neutral' signal with Medium confidence. The Average Directional Index (ADX) of 25.5 suggests a strong prevailing trend. Other oscillators like Stochastic %K (56.2) is neutral, CCI (-22.5) is neutral, Williams %R (-23.3) is neutral provide further context on short-term price momentum. The Relative Strength Index (RSI) is currently 51.7, residing in neutral territory. The MACD indicator suggests bearish momentum, as the MACD line (-0.00010) is below the signal line (-0.000084) with a negative histogram (-0.000016).

BITCOIN Price Prediction & Market Sentiment

Overall, the short-term sentiment for BITCOIN appears neutral. BITCOIN may need time to establish clear direction. Current liquidity is $58.08K. The price is currently below the 20-period EMA ($0.022), which reinforces the bearish outlook.