The daily candle
Bitcoin closed the November 4 daily candle at $80,474, up 3.92% on the day, after trading between $75,673 and $81,181. What stands out on the daily chart: volume spike, above 20-day average.
Moving averages
The close of $80,474 is 0.2% above the 20-day average ($80,280).
The close of $80,474 is 1.9% below the 50-day average ($82,024).
The close of $80,474 is 9.9% above the 200-day average ($73,196).
The 50-day average is above the 200-day average. A moving average is the mean of the last N daily closes; where the price sits against it describes the recent trend, not the next one.
Momentum: RSI and MACD
The 14-day RSI reads 50.7, 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 -1077 against a signal line of -913.7, 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 1.96 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 $76,267 to $84,293, and the close is inside the bands.
Over the previous 30 days the highest close was $85,725 and the lowest $76,786.
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.