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Bitcoin (BTC) Faced A Sharp Decline Just After Reaching ATH Of $69,000.

By March 7, 20242 minute read

The price of Bitcoin is $66,588.96. There was a 4.86% increase in its price in the last 24 hours. The 7-day Bitcoin is up by 8.41%.

Ethereum (ETH) is currently trading at $3,810.30. Its price has increased 7.59% in the last 24 hours, and the 7-day ETH is up 11.73%.

The 10-day Exponential Moving Average (EMA) indicates β€œBuy” at 62834, and a 200-day EMA indicates β€œBuy” at 41224. The 10-day Simple Moving Average (SMA) indicates β€œBuy” at 63300, and a 200-day SMA indicates β€œBuy” at 38238.

The Ichimoku Base Line, valued at 58402, continues to be neutral. The Hull Moving Average indicates β€œSell” at 66937, and the Volume Weighted Average indicates β€œBuy” at 59803. 

The Relative Strength Index (14) sits at 73, indicating β€œNeutral”. The Stochastic %K (14, 3, 3) at 80 indicates β€œNeutral,” and the Average Directional Index (14) at 52 indicates a β€œNeutral” outlook.

The MACD Level (12, 26), at 4833, indicates β€œBuy”. The Stochastic RSI Fast (3, 3, 14, 14) at 31  indicates β€˜Neutral’, and William’s Percentage at -16 indicates β€˜Neutral’.

As of 11:30 AM, 07th March 2024, on WazirX, Bitcoin’s current price is β‚Ή56,28,752. Its price has increased almost 0.41% in the last hour and 0.67% in the last 24 hours. In the past seven days, Bitcoin has increased by 4.88%.

Ethereum (ETH) is trading at β‚Ή3,21,263, up 1.05% in the last hour and 2.09% in the last 24 hours. The 7-day ETH is up 7.98%.

The top gainers on WazirX include Reserve Rights (RSR), Fetch.AI (FET), and Render Token (RNDR), with price increases of 54.05%, 34.87%, and 32.4%, respectively.

However, the tokens that underperformed comprised Bonk (BONK), Shiba Inu (SHIB), and Metal (MTL), with a price decrease of 18.04%, 14.29%, and 11.83%, respectively.

Shiba Inu (SHIB) saw a price decrease of 14.37% and is now priced at β‚Ή0.002581. Dogecoin (DOGE) saw a decrease of 8.67% and is now priced at β‚Ή12.8399.

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