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Bitcoin (BTC) Continues Its Impressive Rally, Approaching Its All-Time High Of $69,000.

By March 5, 20242 minute read

The price of Bitcoin is $68,080.90. There was a 6.60% increase in its price in the last 24 hours. The 7-day Bitcoin is up by 24.48%.

Ethereum (ETH) is currently trading at $3,623.62. There has been an increase of 4.14% in its price in the last 24 hours. The 7-day ETH is up by 12.14%.

The Exponential Moving Average for a 10-day EMA indicates β€œBuy” at 61884, and a 200-day EMA indicates β€œBuy” at 40759. The Simple Moving Average for a 10-day SMA indicates β€œBuy” at 61079, and a 200-day SMA indicates β€œBuy” at 37857.

The Ichimoku Base Line, valued at 57051, continues to be neutral. The Hull Moving Average indicates β€œBuy” at 67562. The Volume Weighted Average indicates β€œBuy” at 57777. 

The Relative Strength Index (14) sits at 84, indicating β€œSell”. The Stochastic %K (14, 3, 3) at 96 indicates β€œNeutral,” and the Average Directional Index (14) at 54 indicates a β€œNeutral” outlook.

The MACD Level (12, 26), at 4969, indicates β€œBuy”. The Stochastic RSI Fast (3, 3, 14, 14) at 84  indicates β€˜Neutral’, and William’s Percentage at -6 indicates β€˜Sell’.

As of 09:30 AM, 05th March 2024, on WazirX, Bitcoin’s current price is β‚Ή55,00,000, with an almost 1.17% decrease in the last hour. There was a 1.13% increase in its price in the last 24 hours. In the past 7 days, Bitcoin was up by 22.50%.

Ethereum (ETH) is trading at β‚Ή2,92,912, with a decrease of 1.20% in the last hour. There was a decrease of 0.65% in the last 24 hours. The 7-day ETH is up by 15.89%.

The top gainers on WazirX include Shiba Inu (SHIB), eCash (XEC), and BitTorrent (BTTC), with price increases of 72%, 64.8%, and 41.68%, respectively.

However, the tokens that underperformed comprised Fantom (FTM), Mask Network (MASK), and QuickSwap (QUICK), with a price decrease of 17.23%, 16.06%, and 15.99%, respectively.

Shiba Inu (SHIB) saw a price increase of 71.69% and is now priced at β‚Ή0.003300. Dogecoin (DOGE) saw an increase of 15.24% and is now priced at β‚Ή15.3001.

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