Bitcoin (BTC) Closes Last Hour Up $138.84; Heads Up For the 2nd Straight Day

The Hourly View for BTC

Last Updated September 15, 2021, 01:016 GMT

At the time of this writing, Bitcoin’s price is up $138.84 (0.29%) from the hour prior. The hourly chart shows that Bitcoin has seen 2 straight up hours. If you’re a trend trader, consider that the strongest clear trend on the hourly chart exists on the 50 hour timeframe. The moving averages on the hourly timeframe suggest a choppiness in price, as the 20, 50, 100 and 200 are all in a mixed alignment — meaning the trend across timeframes is inconsistent, indicating a potential opportunity for rangebound traders.

Bitcoin Daily Price Recap

Bitcoin is up 2.89% ($1149.62) since the day prior, marking the 2nd straight day it has gone up. The price move occurred on stronger volume; specifically, yesterday’s volume was up 78.76% from the day prior, and up 87.43% from the same day the week before. Out of the 7 instruments in the Top Cryptos asset class, Bitcoin ended up ranking 2nd for the day in terms of price change relative to the day prior. Below is a daily price chart of Bitcoin.

BTC

Bitcoin Technical Analysis

The first thing we should note is that Bitcoin is now close to its 100 day averages, located at 39472.28 respectively, and thus may be at a key juncture along those timeframes. The clearest trend exists on the 30 day timeframe, which shows price moving up over that time. For additional context, note that price has gone up 16 out of the past 30 days.

Overheard on Twitter

Over on Twitter, here were the top tweets about Bitcoin:

  • From JRNYcrypto:

    It’s very clear the Crypto space won’t thrive as a whole in the short-term without #Bitcoin in an uptrendIf everyone in altcoins just allocated a small percent of their DCA into #BTC we would be over $100k, also making the rest or ur altcoins much more valuable

  • From francisremnant:

    When I first got into Bitcoin the price of a condo in Toronto was a whopping +2000 BTC and today you can get one for 15 BTC. The housing market looks like it has fully collapsed already but trust me it has another 99% drop to go so now definitely not right time.

  • From AndySwan:

    Kramer opens an ivermectin bodega in his apartment. George hires a college kid to ride his Peloton to get higher rankings than Lloyd Braun. Puddy loves Bitcoin Jerry decides to start dating 7’s and 8’s due to mask culture. “What’s the point of dating a 10 if no one sees her?”

In terms of news links for Bitcoin here’s one to try:

Mystery Donor Backing Pro-Trump Disinfo Troll With Bitcoin | Southern Poverty Law Center

Hatewatch found that donors have sent around $63,450 in total to the address listed on Mackey’s legal fund since March 11….Likewise, several donors who commented on Mackey’s GiveSendGo claimed Anglin, as well as Mark Dice, a prominent right-wing YouTuber, directed them to the fundraiser….The anonymous donor who sent Mackey a $58,662.50 donation on March 13 did so after some prominent members of the right-wing media and far-right pundits boosted Mackey’s case on social media and in the press….(The homepage of Mackey’s legal fund claims “friends and supporters” of Mackey established it.) Using these same registry records, Hatewatch identified that an anonymous user registered the domain name on April 6, 2018 – less than 24 hours after Huffpost ran its exposé tying Mackey to his “Ricky Vaughn” persona….Hatewatch analyzed the transactions to and from the addresses listed on the homepage of Mackey’s legal fund, as well as the address belonging to the anonymous donor….Two days after the large anonymous donation, on March 15, an anonymous Bitcoin donor who had previously made payments to the neo-Nazi National Alliance and Andrew Anglin donated $282.37 (or 0.005 Bitcoin at the time) to Mackey’s fund.