Bitcoin (BTC) weekly Market overview

Bitgur, 20 Jun 19
1
Global Trends
Trade volume
13-19 Jun 2019 Last 7d vs previous 7d
54.8B 7.42B (15.67%)
Bitcoin Dominance
13-19 Jun 2019, avg Last 7d vs previous 7d
57.39% 1.72%
Bitcoin Trade Volume Dominance
13-19 Jun 2019, avg Last 7d vs previous 7d
29.94% 5.69%
Bitcoin Network Transactions
13-19 Jun 2019, avg Last 7d vs previous 7d
353,130 5.98%
Bitcoin Hash Rate TH/s
13-19 Jun 2019, avg Last 7d vs previous 7d
56,302,137 4.50%
2
Volume profile (7 days timeframe)
3
Significant trend channels (90 days timeframe)


Significant trend channels

06 Feb 2018 best fit
Current top 6128.349
Current bottom 2538.34
Forming date 06 Feb 2018
Last update 19 Jun 2019
17 Dec 2017 longest
Current top 5061.318
Current bottom 2078.101
Forming date 17 Dec 2017
Last update 19 Jun 2019
16 Jun 2019 shortest
Current top 9411.275
Current bottom 9062.125
Forming date 16 Jun 2019
Last update 20 Jun 2019
4
Trading sentiment (7 days timeframe)


Trading sentiment report is based on a cumulative analysis of the positions of margin trading.
For example, in the case of increasing long positions at a low price, followed by a reduction at a high price, the bull profit is accumulated. On the contrary, bears will increase their income in case of growth, with a subsequent reduction in positions at a fall in prices.
5
Price levels prediction (7 days timeframe)
Price movement prediction
Price Description
9260.0 Edge price dividing trends based on 7 days movements
7741.0 Minimum price support level in case of RAISE trend based on 7 days movements
9260.0 Channel maximum price resist level based in case of FALL trend on 7 days movements
7741.0 Channel minimum price resist level based in case of FALL trend on 7 days movements
Brief prediction

Price of BTC is now on EDGE at $9260.0. So the next scenario is able. If price will go up, it will RAISE with support level $9260.0 If price will go down it will spend next in CHANNEL near to $8616.0 with $9260.0 as upper border and $7741.0 as bottom.


Our price prediction is based on hi-resolution deal analysis from cryptocurrency exchanges. We are collecting and gather statistics to obtain price support levels that show most important zones witch traders want to buy or sell stocks. These buy/sell histograms showed in report combined with current trend analysis.

An analysis is made for the period under consideration and the three preceding ones with exponential decay
6
Performance
Price 1 day 1 week 1 month 3 month 6 month 1 year ATH % from ATH
9275.7 1.28% 12.17% 16.05% 130.15% 125.90% 37.39% 20149 46.03%
7
Exponential Moving Averages
Summary EMA5 EMA10 EMA20 EMA50 EMA100 EMA200
buy
9153.4
buy
8817.5
buy
8595.1
buy
7794.3
buy
6699.1
buy
5665.8
buy
8
Bitcoin Open Interest

Futures report as of 2019-06-20 CME & CBOE combined

Open Interest: 24,777 (-314)

Category Short Long Sentiment
Funds 16,107
-537
10,591
59
60.33% sell
39.67% buy
Others 4,999
327
2,709
-177
64.85% sell
35.15% buy
Small 2,031
20
7,987
-72
20.27% sell
79.73% buy

Short brief

No data updates from CFTC due to US government shutdown.