Bitcoin (BTC) weekly Market overview

Bitgur, 1 Apr 20
1
Global Trends
Trade volume
25-31 Mar 2020 Last 7d vs previous 7d
62.2B -19.1B (23.53%)
Bitcoin Dominance
25-31 Mar 2020, avg Last 7d vs previous 7d
66.61% 0.94%
Bitcoin Trade Volume Dominance
25-31 Mar 2020, avg Last 7d vs previous 7d
28.22% -5.14%
Bitcoin Network Transactions
25-31 Mar 2020, avg Last 7d vs previous 7d
261,150 3.02%
Bitcoin Hash Rate TH/s
25-31 Mar 2020, avg Last 7d vs previous 7d
100,688,107 5.62%
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
6696.0 Channel maximum price resist level based on 7 days movements
5376.0 Channel minimum price resist level based on 7 days movements
Brief prediction

Price of BTC will be traded in CHANNEL near to $6272.0 with $6696.0 as upper border and $5376.0 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
6234.8 -3.45% -6.92% -27.93% -13.86% -25.04% 50.83% 20149 30.94%
7
Exponential Moving Averages
Summary EMA5 EMA10 EMA20 EMA50 EMA100 EMA200
sell
6362.9
sell
6344.0
sell
6274.2
neutral
7518.2
sell
7774.4
sell
8355.3
sell
8
Bitcoin Open Interest

Futures report as of 2020-04-01 CME & CBOE combined

Open Interest: 24,447 (-314)

Category Short Long Sentiment
Funds 15,897
-537
7,331
59
68.44% sell
31.56% buy
Others 1,369
327
4,814
-177
22.14% sell
77.86% buy
Small 2,456
20
8,637
-72
22.14% sell
77.86% buy

Short brief

No data updates from CFTC due to US government shutdown.