BTC: Log-Quote MACD - Daily

Bitcoin Log-Quote MACD - Daily: daily data through 7 Nov 2026.

A faster BTC log-price average compared with a slower one, its signal line and their difference as bars.

Why use it. Follow changes in price momentum. The histogram shows how far the main line is above or below its signal. How to read it. Both lines and the signed bars share one linear log-ratio scale. Positive bars mean the main line is above its signal; negative bars mean it is below. The separate BTC quote uses its own USD scale. These are price comparisons, not forecasts.

Calculation. Use daily admitted closing quotes. Subtract the 26-observation EMA of natural-log price from its 12-observation EMA; the signal is a 9-observation EMA of that difference. Histogram = main line minus signal. Each EMA starts from a full-window mean; gaps reset its state, and source revisions can change results.