Bitcoin (BTC) weekly Market overview
Bitgur, 24 May 221
Global Trends
| 17-23 May 2022 | Last 7d vs previous 7d |
|---|---|
| 37.2B | -42.7B (53.42%) |
| 17-23 May 2022, avg | Last 7d vs previous 7d |
|---|---|
| 58.21% | 1.12% |
| 17-23 May 2022, avg | Last 7d vs previous 7d |
|---|---|
| 24.43% | 4.39% |
| 17-23 May 2022, avg | Last 7d vs previous 7d |
|---|---|
| 252,899 | -6.05% |
| 17-23 May 2022, avg | Last 7d vs previous 7d |
|---|---|
| 210,388,377 | -5.67% |
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 |
|---|---|
| 31920.0 | Channel maximum price resist level based on 7 days movements |
| 29360.0 | Channel minimum price resist level based on 7 days movements |
Brief prediction
Price of BTC will be traded in CHANNEL near to $30840.0 with $31920.0 as upper border and $29360.0 as bottom.
Price of BTC will be traded in CHANNEL near to $30840.0 with $31920.0 as upper border and $29360.0 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 |
|---|---|---|---|---|---|---|---|---|
| 30484 | -4.18% | -1.03% | -23.19% | -20.57% | -46.87% | -19.77% | 68250 | 44.66% |
7
Exponential Moving Averages
| Summary | EMA5 | EMA10 | EMA20 | EMA50 | EMA100 | EMA200 |
|---|---|---|---|---|---|---|
|
sell |
30333 neutral |
30361 neutral |
32104 sell |
36103 sell |
38172 sell |
43420 sell |
8
Bitcoin Open Interest
Futures report as of 2022-05-24 CME & CBOE combined
Open Interest: 50,562 (-314)
| Category | Short | Long | Sentiment |
|---|---|---|---|
| Funds |
31,757 -537
|
4,756 59
|
|
| Others |
4,919 327
|
5,569 -177
|
|
| Small |
4,201 20
|
5,937 -72
|
|
Short brief
No data updates from CFTC due to US government shutdown.