Bitcoin (BTC) weekly Market overview

Bitgur, 12 Aug 20
1
Global Trends
Trade volume
5-11 Aug 2020 Last 7d vs previous 7d
47.2B -9.91B (17.35%)
Bitcoin Dominance
5-11 Aug 2020, avg Last 7d vs previous 7d
63.88% -1.53%
Bitcoin Trade Volume Dominance
5-11 Aug 2020, avg Last 7d vs previous 7d
24.21% -4.05%
Bitcoin Network Transactions
5-11 Aug 2020, avg Last 7d vs previous 7d
312,182 -4.09%
Bitcoin Hash Rate TH/s
5-11 Aug 2020, avg Last 7d vs previous 7d
122,886,223 0.60%
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
11556.0 Channel maximum price resist level based on 7 days movements
10647.0 Channel minimum price resist level based on 7 days movements
Brief prediction

Price of BTC will be traded in CHANNEL near to $11106.0 with $11556.0 as upper border and $10647.0 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
11060 2.75% -3.26% 20.12% 25.47% 8.51% -2.97% 20149 54.89%
7
Exponential Moving Averages
Summary EMA5 EMA10 EMA20 EMA50 EMA100 EMA200
buy
11283
sell
11252
sell
10884
buy
10237
buy
9758.7
buy
9104.2
buy
8
Bitcoin Open Interest

Futures report as of 2020-08-12 CME & CBOE combined

Open Interest: 43,432 (-314)

Category Short Long Sentiment
Funds 29,542
-537
16,536
59
64.11% sell
35.89% buy
Others 6,484
327
11,559
-177
35.94% sell
64.06% buy
Small 3,111
20
11,487
-72
21.31% sell
78.69% buy

Short brief

No data updates from CFTC due to US government shutdown.