Watch: the daily chart check
▶ PlayThe daily candle
Bitcoin closed the October 29 daily candle at $77,967, down 4.11% on the day, after trading between $77,896 and $81,944. What stands out on the daily chart: 30-day closing low, volume spike.
Moving averages
The close of $77,967 is 4.5% below the 20-day average ($81,664).
The close of $77,967 is 4.8% below the 50-day average ($81,900).
Momentum: RSI and MACD
The 14-day RSI reads 36.0, 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 -656.8 against a signal line of -280.7, 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 1.99 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 $78,973 to $84,354, and the close is below the lower band.
Over the previous 30 days the highest close was $86,485 and the lowest $80,119.
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.