The daily candle
Bitcoin closed the November 8 daily candle at $74,818, down 1.33% on the day, after trading between $73,385 and $76,160. What stands out on the daily chart: 30-day closing low.
Moving averages
The close of $74,818 is 5.4% below the 20-day average ($79,057).
The close of $74,818 is 8.5% below the 50-day average ($81,783).
Momentum: RSI and MACD
The 14-day RSI reads 35.6, 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 -1609 against a signal line of -1236, 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 0.64 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 $73,980 to $84,135, and the close is inside the bands.
Over the previous 30 days the highest close was $84,050 and the lowest $75,816.
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.