Bitcoin (BTC) weekly Market overview

Bitgur, 18 Aug 19
1
Global Trends
Trade volume
11-17 Aug 2019 Last 7d vs previous 7d
39.9B -7.69B (16.17%)
Bitcoin Dominance
11-17 Aug 2019, avg Last 7d vs previous 7d
69.25% 0.62%
Bitcoin Trade Volume Dominance
11-17 Aug 2019, avg Last 7d vs previous 7d
29.99% -6.81%
Bitcoin Network Transactions
11-17 Aug 2019, avg Last 7d vs previous 7d
324,142 -3.80%
Bitcoin Hash Rate TH/s
11-17 Aug 2019, avg Last 7d vs previous 7d
72,825,207 -1.98%
2
Volume profile (7 days timeframe)
3
Significant trend channels (90 days timeframe)


Significant trend channels

06 Feb 2018 best fit
Current top 9770.395
Current bottom 3277.0637
Forming date 06 Feb 2018
Last update 18 Aug 2019
17 Dec 2017 longest
Current top 8472.702
Current bottom 2770.813
Forming date 17 Dec 2017
Last update 18 Aug 2019
15 Aug 2019 shortest
Current top 10688.208
Current bottom 10126.944
Forming date 15 Aug 2019
Last update 18 Aug 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
11790.0 Channel maximum price resist level based on 7 days movements
9700.0 Channel minimum price resist level based on 7 days movements
Brief prediction

Price of BTC will be traded in CHANNEL near to $10490.0 with $11790.0 as upper border and $9700.0 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
10376 1.63% -10.16% -2.77% 42.34% 168.81% 62.17% 20149 51.50%
7
Exponential Moving Averages
Summary EMA5 EMA10 EMA20 EMA50 EMA100 EMA200
sell
10379
neutral
10731
sell
10649
sell
10910
sell
9772.0
buy
7908.9
buy
8
Bitcoin Open Interest

Futures report as of 2019-08-18 CME & CBOE combined

Open Interest: 24,117 (-314)

Category Short Long Sentiment
Funds 12,327
-537
9,441
59
56.63% sell
43.37% buy
Others 7,644
327
3,564
-177
68.2% sell
31.8% buy
Small 2,711
20
8,802
-72
23.55% sell
76.45% buy

Short brief

No data updates from CFTC due to US government shutdown.