Bitcoin (BTC) weekly Market overview

Bitgur, 5 Dec 21
1
Global Trends
Trade volume
28 Nov - 4 Dec 2021 Last 7d vs previous 7d
63.6B -4.05B (5.99%)
Bitcoin Dominance
28 Nov - 4 Dec 2021, avg Last 7d vs previous 7d
54.20% -1.33%
Bitcoin Trade Volume Dominance
28 Nov - 4 Dec 2021, avg Last 7d vs previous 7d
19.58% 7.93%
Bitcoin Network Transactions
28 Nov - 4 Dec 2021, avg Last 7d vs previous 7d
279,205 2.58%
Bitcoin Hash Rate TH/s
28 Nov - 4 Dec 2021, avg Last 7d vs previous 7d
163,660,443 5.11%
2
Volume profile (7 days timeframe)
3
Significant trend channels (90 days timeframe)


Significant trend channels

19 May 2021 best fit
Current top 74150.9
Current bottom 48558.92
Forming date 19 May 2021
Last update 04 Dec 2021
17 Apr 2021 longest
Current top 72062.37
Current bottom 38836.184
Forming date 17 Apr 2021
Last update 04 Dec 2021
30 Nov 2021 shortest
Current top 54900.19
Current bottom 50614.98
Forming date 30 Nov 2021
Last update 04 Dec 2021
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
57900.0 Channel maximum price resist level based on 7 days movements
48360.0 Channel minimum price resist level based on 7 days movements
Brief prediction

Price of BTC will be traded in CHANNEL near to $56340.0 with $57900.0 as upper border and $48360.0 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
49160 -7.29% -13.31% -19.20% -4.46% 39.13% 159.91% 68250 72.03%
7
Exponential Moving Averages
Summary EMA5 EMA10 EMA20 EMA50 EMA100 EMA200
sell
52376
sell
54056
sell
56251
sell
58591
sell
54655
sell
48586
buy
8
Bitcoin Open Interest

Futures report as of 2021-12-05 CME & CBOE combined

Open Interest: 0 (0)

Category Short Long Sentiment
Funds 0
0
0
0
�% sell
�% buy
Others 0
0
0
0
�% sell
�% buy
Small 0
0
0
0
�% sell
�% buy

Short brief

No data updates from CFTC due to US government shutdown.