Bitcoin (BTC) weekly Market overview
Bitgur, 11 Dec 181
Global Trends
| 4-10 Dec 2018 | Last 7d vs previous 7d |
|---|---|
| 20.9B | -2.23B (9.63%) |
| 4-10 Dec 2018, avg | Last 7d vs previous 7d |
|---|---|
| 55.00% | 1.50% |
| 4-10 Dec 2018, avg | Last 7d vs previous 7d |
|---|---|
| 31.37% | 2.91% |
| 4-10 Dec 2018, avg | Last 7d vs previous 7d |
|---|---|
| 254,984 | 3.50% |
| 4-10 Dec 2018, avg | Last 7d vs previous 7d |
|---|---|
| 36,114,707 | -3.21% |
2
Volume profile
(7 days timeframe)
3
Significant trend channels
(90 days timeframe)
Significant trend channels
| 06 Feb 2018 | best fit |
|---|---|
| Current top | 6002.6597 |
| Current bottom | 4124.723 |
| Forming date | 06 Feb 2018 |
| Last update | 10 Dec 2018 |
| 17 Dec 2017 | longest |
|---|---|
| Current top | 5423.6226 |
| Current bottom | 3023.2192 |
| Forming date | 17 Dec 2017 |
| Last update | 10 Dec 2018 |
| 29 Nov 2018 | shortest |
|---|---|
| Current top | 3634.9238 |
| Current bottom | 3146.2559 |
| Forming date | 29 Nov 2018 |
| Last update | 11 Dec 2018 |
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 |
|---|---|
| 3476.0 | Edge price dividing trends based on 7 days movements |
| 4202.0 | Channel maximum price resist level based in case of RAISE trend on 7 days movements |
| 3476.0 | Channel minimum price resist level based in case of RAISE trend on 7 days movements |
| 3476.0 | Minimum price support level in case of FALL trend based on 7 days movements |
Brief prediction
Price of BTC is now on EDGE at $3476.0. So the next scenario is able. If price will go up it will spend next in CHANNEL near to $3842.0 with $4202.0 as upper border and $3476.0 as bottom. If price will go down, it will FALL with support level $3476.0
Price of BTC is now on EDGE at $3476.0. So the next scenario is able. If price will go up it will spend next in CHANNEL near to $3842.0 with $4202.0 as upper border and $3476.0 as bottom. If price will go down, it will FALL with support level $3476.0
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 |
|---|---|---|---|---|---|---|---|---|
| 3511.4 | -3.56% | -12.80% | -45.89% | -44.07% | -48.99% | -79.06% | 20149 | 17.43% |
7
Exponential Moving Averages
| Summary | EMA5 | EMA10 | EMA20 | EMA50 | EMA100 | EMA200 |
|---|---|---|---|---|---|---|
|
sell |
3585.1 sell |
3720.6 sell |
3904.8 sell |
4889.5 sell |
5612.5 sell |
6166.4 sell |
8
Bitcoin Open Interest
Futures report as of 2018-12-11 CME & CBOE combined
Open Interest: 22,751 (630)
| Category | Short | Long | Sentiment |
|---|---|---|---|
| Funds |
11,467 1,195
|
12,719 1,476
|
|
| Others |
5,252 -43
|
2,463 -172
|
|
| Small |
2,574 220
|
5,396 428
|
|
Short brief
Overall an increase in open interest held.
Leveraged funds in the NEUTRAL positions
Other professional traders increased overall position held. Staying in the SHORT positions since 2017-07-30 and price $8,168
Small traders increased positioning and still in the LONG positions since the beginning of reports 2017-12-19 and price $18,924
Leveraged funds in the NEUTRAL positions
Other professional traders increased overall position held. Staying in the SHORT positions since 2017-07-30 and price $8,168
Small traders increased positioning and still in the LONG positions since the beginning of reports 2017-12-19 and price $18,924