Bitcoin (BTC) weekly Market overview

Bitgur, 21 Mar 23
1
Global Trends
Trade volume
14-20 Mar 2023 Last 7d vs previous 7d
14.7B 6.03B (69.72%)
Bitcoin Dominance
14-20 Mar 2023, avg Last 7d vs previous 7d
58.36% 3.70%
Bitcoin Trade Volume Dominance
14-20 Mar 2023, avg Last 7d vs previous 7d
34.97% 23.86%
Bitcoin Network Transactions
14-20 Mar 2023, avg Last 7d vs previous 7d
316,304 -1.12%
Bitcoin Hash Rate TH/s
14-20 Mar 2023, avg Last 7d vs previous 7d
321,033,804 -0.74%
2
Volume profile (7 days timeframe)
3
Significant trend channels (90 days timeframe)


Significant trend channels

18 Jun 2022 best fit
Current top 20577.434
Current bottom 14899.151
Forming date 18 Jun 2022
Last update 20 Mar 2023
17 Apr 2021 longest
Current top 23560.9
Current bottom 8140.485
Forming date 17 Apr 2021
Last update 20 Mar 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
27729 -0.30% 11.70% 12.48% 28.07% 49.61% -32.34% 68250 40.63%
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 2023-03-21 CME & CBOE combined

Open Interest: 89,557 (-314)

Category Short Long Sentiment
Funds 39,097
-537
28,251
59
58.05% sell
41.95% buy
Others 15,359
327
4,744
-177
76.4% sell
23.6% buy
Small 4,946
20
8,522
-72
36.72% sell
63.28% buy

Short brief

No data updates from CFTC due to US government shutdown.