Bitcoin (BTC) weekly Market overview

Bitgur, 14 Apr 21
1
Global Trends
Trade volume
7-13 Apr 2021 Last 7d vs previous 7d
160B 15.4B (10.65%)
Bitcoin Dominance
7-13 Apr 2021, avg Last 7d vs previous 7d
63.49% -4.76%
Bitcoin Trade Volume Dominance
7-13 Apr 2021, avg Last 7d vs previous 7d
17.77% -4.68%
Bitcoin Network Transactions
7-13 Apr 2021, avg Last 7d vs previous 7d
296,955 0.09%
Bitcoin Hash Rate TH/s
7-13 Apr 2021, avg Last 7d vs previous 7d
169,403,369 2.90%
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
62900.0 Minimal price support level based on 7 days movements
Brief prediction

Price of BTC has broken last trend and will RAISE from the support level $62900.0


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
63743 4.52% 12.52% 7.71% 62.93% 467.09% 826.40% 64025 99.56%
7
Exponential Moving Averages
Summary EMA5 EMA10 EMA20 EMA50 EMA100 EMA200
buy
61730
buy
60575
buy
58773
buy
56204
buy
50132
buy
37331
buy
8
Bitcoin Open Interest

Futures report as of 2021-04-14 CME & CBOE combined

Open Interest: 51,932 (-314)

Category Short Long Sentiment
Funds 38,272
-537
12,631
59
75.19% sell
24.81% buy
Others 2,114
327
16,424
-177
11.4% sell
88.6% buy
Small 3,986
20
14,897
-72
21.11% sell
78.89% buy

Short brief

No data updates from CFTC due to US government shutdown.