Bitcoin (BTC) weekly Market overview

Bitgur, 8 Dec 22
1
Global Trends
Trade volume
30 Nov - 6 Dec 2022 Last 7d vs previous 7d
41.9B 444M (1.07%)
Bitcoin Dominance
30 Nov - 6 Dec 2022, avg Last 7d vs previous 7d
51.11% -0.94%
Bitcoin Trade Volume Dominance
30 Nov - 6 Dec 2022, avg Last 7d vs previous 7d
35.39% 7.64%
Bitcoin Network Transactions
30 Nov - 6 Dec 2022, avg Last 7d vs previous 7d
262,267 3.51%
Bitcoin Hash Rate TH/s
30 Nov - 6 Dec 2022, avg Last 7d vs previous 7d
251,622,832 5.61%
2
Volume profile (7 days timeframe)
3
Significant trend channels (90 days timeframe)


Significant trend channels

18 Jun 2022 best fit
Current top 22407.145
Current bottom 16223.859
Forming date 18 Jun 2022
Last update 08 Dec 2022
17 Apr 2021 longest
Current top 31663.281
Current bottom 10939.902
Forming date 17 Apr 2021
Last update 08 Dec 2022
25 Oct 2022 shortest
Current top 16589.662
Current bottom 13431.347
Forming date 25 Oct 2022
Last update 08 Dec 2022
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
18630.0 Maximum price support level based on 7 days movements
Brief prediction

Price of BTC has broken last trend and will FALL from the support level $18630.0


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
16858 -2.75% -1.93% -19.80% -12.64% -45.85% -66.79% 68250 24.70%
7
Exponential Moving Averages
Summary EMA5 EMA10 EMA20 EMA50 EMA100 EMA200
sell
20711
sell
20625
sell
20311
sell
19967
sell
20622
sell
25447
sell
8
Bitcoin Open Interest

Futures report as of 2022-12-08 CME & CBOE combined

Open Interest: 73,757 (-314)

Category Short Long Sentiment
Funds 41,762
-537
13,636
59
75.39% sell
24.61% buy
Others 3,709
327
15,824
-177
18.99% sell
81.01% buy
Small 4,426
20
7,642
-72
36.68% sell
63.32% buy

Short brief

No data updates from CFTC due to US government shutdown.