The daily candle
Bitcoin closed the November 5 daily candle at $76,050, down 5.49% on the day, after trading between $75,144 and $80,886. What stands out on the daily chart: sharp move, 30-day closing low, volume spike.
Moving averages
The close of $76,050 is 4.9% below the 20-day average ($80,006).
The close of $76,050 is 7.3% below the 50-day average ($82,023).
Momentum: RSI and MACD
The 14-day RSI reads 38.5, 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 -1247 against a signal line of -980, 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 2.11 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 $75,648 to $84,364, and the close is inside the bands.
Over the previous 30 days the highest close was $85,512 and the lowest $76,796.
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.