Bitcoin (BTC) weekly Market overview

Bitgur, 22 Oct 19
1
Global Trends
Trade volume
15-21 Oct 2019 Last 7d vs previous 7d
34.5B -4.52B (11.59%)
Bitcoin Dominance
15-21 Oct 2019, avg Last 7d vs previous 7d
66.86% -0.66%
Bitcoin Trade Volume Dominance
15-21 Oct 2019, avg Last 7d vs previous 7d
25.40% -3.68%
Bitcoin Network Transactions
15-21 Oct 2019, avg Last 7d vs previous 7d
328,284 3.35%
Bitcoin Hash Rate TH/s
15-21 Oct 2019, avg Last 7d vs previous 7d
97,272,491 3.01%
2
Volume profile (7 days timeframe)
3
Significant trend channels (90 days timeframe)


Significant trend channels

06 Feb 2018 best fit
Current top 11448.176
Current bottom 3588.401
Forming date 06 Feb 2018
Last update 22 Oct 2019
17 Dec 2017 longest
Current top 10177.507
Current bottom 3051.6348
Forming date 17 Dec 2017
Last update 22 Oct 2019
06 Oct 2019 shortest
Current top 8471.514
Current bottom 7780.2905
Forming date 06 Oct 2019
Last update 22 Oct 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
8364.0 Channel maximum price resist level based on 7 days movements
7932.0 Channel minimum price resist level based on 7 days movements
Brief prediction

Price of BTC will be traded in CHANNEL near to $8202.0 with $8364.0 as upper border and $7932.0 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
8241.5 -0.36% 0.62% -18.04% -20.59% 53.52% 25.94% 20149 40.90%
7
Exponential Moving Averages
Summary EMA5 EMA10 EMA20 EMA50 EMA100 EMA200
sell
8151.3
buy
8178.4
neutral
8200.4
neutral
8825.2
sell
9483.8
sell
8686.4
sell
8
Bitcoin Open Interest

Futures report as of 2019-10-22 CME & CBOE combined

Open Interest: 19,282 (-314)

Category Short Long Sentiment
Funds 11,127
-537
6,281
59
63.92% sell
36.08% buy
Others 3,874
327
2,874
-177
57.41% sell
42.59% buy
Small 2,676
20
8,162
-72
24.69% sell
75.31% buy

Short brief

No data updates from CFTC due to US government shutdown.