The daily candle
Bitcoin closed the October 7 daily candle at $83,284, down 2.61% on the day, after trading between $82,700 and $85,564. What stands out on the daily chart: below 20-day average.
Moving averages
The close of $83,284 is 1.0% below the 20-day average ($84,167).
The close of $83,284 is 3.8% above the 50-day average ($80,263).
Momentum: RSI and MACD
The 14-day RSI reads 53.0, between 30 and 70, neither extreme. RSI compares the size of recent up days with recent down days on a 0 to 100 scale.
MACD (12, 26, 9) is 1687 against a signal line of 1967, so the MACD line is below its signal. MACD measures the gap between a fast and a slow exponential average.
Volume and range
Volume on the day was 1.12 times its 20-day average. Volume counts how much traded; a move on heavy volume involved more of the market than one on light volume.
The Bollinger Bands (20 days, 2 standard deviations) run from $80,973 to $87,361, and the close is inside the bands.
Over the previous 30 days the highest close was $86,589 and the lowest $75,611.
What it costs to hold a position
Anyone holding a BTC perpetual future pays or receives funding every settlement, and the rate differs by exchange. Today's rates across venues are on the BTC funding page.