Bitcoin (BTC) weekly Market overview

Bitgur, 28 Oct 20
1
Global Trends
Trade volume
21-27 Oct 2020 Last 7d vs previous 7d
52.3B 12.9B (32.72%)
Bitcoin Dominance
21-27 Oct 2020, avg Last 7d vs previous 7d
67.13% 2.79%
Bitcoin Trade Volume Dominance
21-27 Oct 2020, avg Last 7d vs previous 7d
28.49% 9.30%
Bitcoin Network Transactions
21-27 Oct 2020, avg Last 7d vs previous 7d
289,675 -4.41%
Bitcoin Hash Rate TH/s
21-27 Oct 2020, avg Last 7d vs previous 7d
124,401,130 -10.74%
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
13120.0 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 $13120.0


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
13603 3.45% 8.76% 28.42% 27.08% 77.81% 47.19% 20149 67.51%
7
Exponential Moving Averages
Summary EMA5 EMA10 EMA20 EMA50 EMA100 EMA200
buy
13302
buy
12757
buy
12124
buy
11281
buy
10889
buy
10014
buy
8
Bitcoin Open Interest

Futures report as of 2020-10-28 CME & CBOE combined

Open Interest: 49,372 (-314)

Category Short Long Sentiment
Funds 32,457
-537
17,661
59
64.76% sell
35.24% buy
Others 11,559
327
9,464
-177
54.98% sell
45.02% buy
Small 2,666
20
15,992
-72
14.29% sell
85.71% buy

Short brief

No data updates from CFTC due to US government shutdown.