Bitcoin (BTC) weekly Market overview

Bitgur, 10 Aug 22
1
Global Trends
Trade volume
2-8 Aug 2022 Last 7d vs previous 7d
36.9B -13.2B (26.30%)
Bitcoin Dominance
2-8 Aug 2022, avg Last 7d vs previous 7d
55.49% -1.30%
Bitcoin Trade Volume Dominance
2-8 Aug 2022, avg Last 7d vs previous 7d
25.82% -1.21%
Bitcoin Network Transactions
2-8 Aug 2022, avg Last 7d vs previous 7d
255,370 0.37%
Bitcoin Hash Rate TH/s
2-8 Aug 2022, avg Last 7d vs previous 7d
208,015,065 2.79%
2
Volume profile (7 days timeframe)
3
Significant trend channels (90 days timeframe)


Significant trend channels

10 Nov 2021 best fit
Current top 25085.41
Current bottom 15218.837
Forming date 10 Nov 2021
Last update 09 Aug 2022
17 Apr 2021 longest
Current top 46233.184
Current bottom 15943.921
Forming date 17 Apr 2021
Last update 09 Aug 2022
26 Jul 2022 shortest
Current top 25019.82
Current bottom 22189.89
Forming date 26 Jul 2022
Last update 09 Aug 2022
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
23880.0 Channel maximum price resist level based on 7 days movements
22650.0 Channel minimum price resist level based on 7 days movements
Brief prediction

Price of BTC will be traded in CHANNEL near to $23150.0 with $23880.0 as upper border and $22650.0 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
23168 -2.71% 0.81% 7.24% -27.89% -47.93% -49.79% 68250 33.95%
7
Exponential Moving Averages
Summary EMA5 EMA10 EMA20 EMA50 EMA100 EMA200
sell
23354
neutral
23404
sell
23219
neutral
22019
buy
25764
sell
30568
sell
8
Bitcoin Open Interest

Futures report as of 2022-08-10 CME & CBOE combined

Open Interest: 71,142 (-314)

Category Short Long Sentiment
Funds 38,872
-537
12,616
59
75.5% sell
24.5% buy
Others 3,374
327
11,374
-177
22.88% sell
77.12% buy
Small 5,376
20
5,637
-72
48.82% sell
51.18% buy

Short brief

No data updates from CFTC due to US government shutdown.