Bitcoin (BTC) weekly Market overview
Bitgur, 6 Dec 191
Global Trends
| 29 Nov - 5 Dec 2019 | Last 7d vs previous 7d |
|---|---|
| 46.2B | -17.6B (27.62%) |
| 29 Nov - 5 Dec 2019, avg | Last 7d vs previous 7d |
|---|---|
| 66.77% | 0.95% |
| 29 Nov - 5 Dec 2019, avg | Last 7d vs previous 7d |
|---|---|
| 29.22% | -0.93% |
| 29 Nov - 5 Dec 2019, avg | Last 7d vs previous 7d |
|---|---|
| 309,051 | 2.42% |
| 29 Nov - 5 Dec 2019, avg | Last 7d vs previous 7d |
|---|---|
| 93,503,814 | 3.04% |
2
Volume profile
(7 days timeframe)
3
Significant trend channels
(90 days timeframe)
Significant trend channels
| 06 Feb 2018 | best fit |
|---|---|
| Current top | 11908.835 |
| Current bottom | 3657.8848 |
| Forming date | 06 Feb 2018 |
| Last update | 05 Dec 2019 |
| 17 Dec 2017 | longest |
|---|---|
| Current top | 10987.87 |
| Current bottom | 2852.8525 |
| Forming date | 17 Dec 2017 |
| Last update | 05 Dec 2019 |
| 27 Nov 2019 | shortest |
|---|---|
| Current top | 7514.8765 |
| Current bottom | 6903.649 |
| Forming date | 27 Nov 2019 |
| Last update | 06 Dec 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 |
|---|---|
| 7560.0 | Edge price dividing trends based on 7 days movements |
| 7160.0 | Minimum price support level in case of RAISE trend based on 7 days movements |
| 7560.0 | Channel maximum price resist level based in case of FALL trend on 7 days movements |
| 7160.0 | 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 $7560.0. So the next scenario is able. If price will go up, it will RAISE with support level $7560.0 If price will go down it will spend next in CHANNEL near to $7408.0 with $7560.0 as upper border and $7160.0 as bottom.
Price of BTC is now on EDGE at $7560.0. So the next scenario is able. If price will go up, it will RAISE with support level $7560.0 If price will go down it will spend next in CHANNEL near to $7408.0 with $7560.0 as upper border and $7160.0 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 |
|---|---|---|---|---|---|---|---|---|
| 7497.8 | 1.69% | -4.84% | -19.75% | -27.47% | -4.16% | 115.56% | 20149 | 37.21% |
7
Exponential Moving Averages
| Summary | EMA5 | EMA10 | EMA20 | EMA50 | EMA100 | EMA200 |
|---|---|---|---|---|---|---|
|
sell |
7368.1 buy |
7405.9 buy |
7647.5 sell |
8047.2 sell |
8632.1 sell |
8886.6 sell |
8
Bitcoin Open Interest
Futures report as of 2019-12-06 CME & CBOE combined
Open Interest: 18,392 (-314)
| Category | Short | Long | Sentiment |
|---|---|---|---|
| Funds |
10,457 -537
|
5,521 59
|
|
| Others |
2,914 327
|
3,229 -177
|
|
| Small |
2,696 20
|
8,197 -72
|
|
Short brief
No data updates from CFTC due to US government shutdown.