Bitcoin (BTC) weekly Market overview

Bitgur, 22 Jan 21
1
Global Trends
Trade volume
15-21 Jan 2021 Last 7d vs previous 7d
115B -54.0B (31.92%)
Bitcoin Dominance
15-21 Jan 2021, avg Last 7d vs previous 7d
71.98% -2.90%
Bitcoin Trade Volume Dominance
15-21 Jan 2021, avg Last 7d vs previous 7d
24.70% -8.56%
Bitcoin Network Transactions
15-21 Jan 2021, avg Last 7d vs previous 7d
309,828 -7.33%
Bitcoin Hash Rate TH/s
15-21 Jan 2021, avg Last 7d vs previous 7d
146,196,559 -2.46%
2
Volume profile (7 days timeframe)
3
Significant trend channels (90 days timeframe)


Significant trend channels

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
37100.0 Channel maximum price resist level based on 7 days movements
30300.0 Channel minimum price resist level based on 7 days movements
Brief prediction

Price of BTC will be traded in CHANNEL near to $35140.0 with $37100.0 as upper border and $30300.0 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
32411 3.16% -11.95% 35.18% 156.90% 241.65% 277.71% 42001 77.17%
7
Exponential Moving Averages
Summary EMA5 EMA10 EMA20 EMA50 EMA100 EMA200
neutral
33419
sell
34525
sell
34721
sell
29342
buy
23585
buy
18443
buy
8
Bitcoin Open Interest

Futures report as of 2021-01-22 CME & CBOE combined

Open Interest: 62,802 (-314)

Category Short Long Sentiment
Funds 48,897
-537
20,761
59
70.2% sell
29.8% buy
Others 3,109
327
13,509
-177
18.71% sell
81.29% buy
Small 3,401
20
19,567
-72
14.81% sell
85.19% buy

Short brief

No data updates from CFTC due to US government shutdown.