Bitcoin (BTC) weekly Market overview

Bitgur, 4 Oct 23
1
Global Trends
Trade volume
27 Sep - 3 Oct 2023 Last 7d vs previous 7d
12.2B 4.7B (62.98%)
Bitcoin Dominance
27 Sep - 3 Oct 2023, avg Last 7d vs previous 7d
61.40% -0.52%
Bitcoin Trade Volume Dominance
27 Sep - 3 Oct 2023, avg Last 7d vs previous 7d
21.96% 0.53%
Bitcoin Network Transactions
27 Sep - 3 Oct 2023, avg Last 7d vs previous 7d
328,203 -25.68%
Bitcoin Hash Rate TH/s
27 Sep - 3 Oct 2023, avg Last 7d vs previous 7d
426,071,277 5.46%
2
Volume profile (7 days timeframe)
3
Significant trend channels (90 days timeframe)


Significant trend channels

18 Jun 2022 best fit
Current top 17057.26
Current bottom 12350.359
Forming date 18 Jun 2022
Last update 04 Oct 2023
17 Apr 2021 longest
Current top 7985.1465
Current bottom 2758.9336
Forming date 17 Apr 2021
Last update 04 Oct 2023
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
Brief prediction



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
27586 0.22% 4.26% -9.86% -3.06% 35.59% 68250 40.42%
7
Exponential Moving Averages
Summary EMA5 EMA10 EMA20 EMA50 EMA100 EMA200
buy
20711
buy
20625
buy
20311
buy
34699
sell
34699
sell
20215
buy
8
Bitcoin Open Interest

Futures report as of 2023-10-04 CME & CBOE combined

Open Interest: 79,722 (-314)

Category Short Long Sentiment
Funds 46,992
-537
8,526
59
84.64% sell
15.36% buy
Others 1,814
327
13,444
-177
11.89% sell
88.11% buy
Small 4,351
20
6,857
-72
38.82% sell
61.18% buy

Short brief

No data updates from CFTC due to US government shutdown.