Bitcoin (BTC) weekly Market overview

Bitgur, 22 Jan 20
1
Global Trends
Trade volume
15-21 Jan 2020 Last 7d vs previous 7d
63.3B 14.8B (30.45%)
Bitcoin Dominance
15-21 Jan 2020, avg Last 7d vs previous 7d
66.62% -3.20%
Bitcoin Trade Volume Dominance
15-21 Jan 2020, avg Last 7d vs previous 7d
24.57% -19.63%
Bitcoin Network Transactions
15-21 Jan 2020, avg Last 7d vs previous 7d
0 %
Bitcoin Hash Rate TH/s
15-21 Jan 2020, avg Last 7d vs previous 7d
110,810,185 7.67%
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
8843.0 Channel maximum price resist level based on 7 days movements
8066.0 Channel minimum price resist level based on 7 days movements
Brief prediction

Price of BTC will be traded in CHANNEL near to $8605.0 with $8843.0 as upper border and $8066.0 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
8719.4 1.13% -0.91% 16.13% 8.35% -15.98% 145.18% 20149 43.27%
7
Exponential Moving Averages
Summary EMA5 EMA10 EMA20 EMA50 EMA100 EMA200
buy
8709.8
neutral
8602.9
buy
8262.6
buy
7838.3
buy
7963.7
buy
8840.0
sell
8
Bitcoin Open Interest

Futures report as of 2020-01-22 CME & CBOE combined

Open Interest: 29,607 (-314)

Category Short Long Sentiment
Funds 19,192
-537
12,811
59
59.97% sell
40.03% buy
Others 5,174
327
3,219
-177
61.65% sell
38.35% buy
Small 1,846
20
9,972
-72
15.62% sell
84.38% buy

Short brief

No data updates from CFTC due to US government shutdown.