Bitcoin (BTC) weekly Market overview

Bitgur, 24 Apr 19
1
Global Trends
Trade volume
17-23 Apr 2019 Last 7d vs previous 7d
34.1B -3.55B (9.44%)
Bitcoin Dominance
17-23 Apr 2019, avg Last 7d vs previous 7d
53.02% 1.00%
Bitcoin Trade Volume Dominance
17-23 Apr 2019, avg Last 7d vs previous 7d
27.28% 0.31%
Bitcoin Network Transactions
17-23 Apr 2019, avg Last 7d vs previous 7d
351,455 -6.11%
Bitcoin Hash Rate TH/s
17-23 Apr 2019, avg Last 7d vs previous 7d
44,465,638 -2.35%
2
Volume profile (7 days timeframe)
3
Significant trend channels (90 days timeframe)


Significant trend channels

06 Feb 2018 best fit
Current top 4190.7964
Current bottom 2171.4219
Forming date 06 Feb 2018
Last update 23 Apr 2019
17 Dec 2017 longest
Current top 3283.459
Current bottom 1763.3849
Forming date 17 Dec 2017
Last update 23 Apr 2019
03 Apr 2019 shortest
Current top 5613.014
Current bottom 5188.9272
Forming date 03 Apr 2019
Last update 24 Apr 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
5536.0 Edge price dividing trends based on 7 days movements
5056.0 Minimum price support level in case of RAISE trend based on 7 days movements
5536.0 Channel maximum price resist level based in case of FALL trend on 7 days movements
5056.0 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 $5536.0. So the next scenario is able. If price will go up, it will RAISE with support level $5536.0 If price will go down it will spend next in CHANNEL near to $5240.0 with $5536.0 as upper border and $5056.0 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
5478.6 -1.65% 4.67% 37.92% 52.73% -16.78% -43.32% 20149 27.19%
7
Exponential Moving Averages
Summary EMA5 EMA10 EMA20 EMA50 EMA100 EMA200
buy
5429.0
neutral
5331.9
buy
5223.9
buy
4688.2
buy
4298.7
buy
4642.1
buy
8
Bitcoin Open Interest

Futures report as of 2019-04-24 CME & CBOE combined

Open Interest: 24,384 (-1,104)

Category Short Long Sentiment
Funds 13,903
-1,240
11,572
1,366
54.58% sell
45.42% buy
Others 6,146
844
3,828
-518
61.62% sell
38.38% buy
Small 1,479
-58
7,053
-292
17.33% sell
82.67% buy

Short brief

No data updates from CFTC due to US government shutdown.