Bitcoin (BTC) weekly Market overview

Bitgur, 24 Sep 21
1
Global Trends
Trade volume
17-23 Sep 2021 Last 7d vs previous 7d
33.5B -1.17B (3.38%)
Bitcoin Dominance
17-23 Sep 2021, avg Last 7d vs previous 7d
54.19% 2.47%
Bitcoin Trade Volume Dominance
17-23 Sep 2021, avg Last 7d vs previous 7d
21.48% 0.26%
Bitcoin Network Transactions
17-23 Sep 2021, avg Last 7d vs previous 7d
251,134 1.22%
Bitcoin Hash Rate TH/s
17-23 Sep 2021, avg Last 7d vs previous 7d
138,478,902 2.21%
2
Volume profile (7 days timeframe)
3
Significant trend channels (90 days timeframe)


Significant trend channels

19 May 2021 best fit
Current top 57702.965
Current bottom 37509.95
Forming date 19 May 2021
Last update 24 Sep 2021
17 Apr 2021 longest
Current top 52014.004
Current bottom 29948.568
Forming date 17 Apr 2021
Last update 24 Sep 2021
07 Sep 2021 shortest
Current top 47517.49
Current bottom 41505.723
Forming date 07 Sep 2021
Last update 24 Sep 2021
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
48200.0 Channel maximum price resist level based on 7 days movements
41680.0 Channel minimum price resist level based on 7 days movements
Brief prediction

Price of BTC will be traded in CHANNEL near to $45560.0 with $48200.0 as upper border and $41680.0 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
44416 1.72% -5.64% -6.89% 28.99% -14.16% 316.46% 64666 68.68%
7
Exponential Moving Averages
Summary EMA5 EMA10 EMA20 EMA50 EMA100 EMA200
sell
44317
neutral
44912
sell
46162
sell
45587
sell
43031
buy
44842
neutral
8
Bitcoin Open Interest

Futures report as of 2021-09-24 CME & CBOE combined

Open Interest: 35,707 (-314)

Category Short Long Sentiment
Funds 23,367
-537
9,126
59
71.91% sell
28.09% buy
Others 2,294
327
8,959
-177
20.39% sell
79.61% buy
Small 3,786
20
10,242
-72
26.99% sell
73.01% buy

Short brief

No data updates from CFTC due to US government shutdown.