Bitcoin (BTC) weekly Market overview

Bitgur, 21 Sep 19
1
Global Trends
Trade volume
14-20 Sep 2019 Last 7d vs previous 7d
6.71B -480M (6.67%)
Bitcoin Dominance
14-20 Sep 2019, avg Last 7d vs previous 7d
73.04% -1.74%
Bitcoin Trade Volume Dominance
14-20 Sep 2019, avg Last 7d vs previous 7d
34.79% -11.80%
Bitcoin Network Transactions
14-20 Sep 2019, avg Last 7d vs previous 7d
330,769 3.24%
Bitcoin Hash Rate TH/s
14-20 Sep 2019, avg Last 7d vs previous 7d
91,702,566 3.11%
2
Volume profile (7 days timeframe)
3
Significant trend channels (90 days timeframe)


Significant trend channels

14 Dec 2018 best fit
Current top 13948.86
Current bottom 8188.7256
Forming date 14 Dec 2018
Last update 21 Sep 2019
17 Dec 2017 longest
Current top 8114.674
Current bottom 2637.1394
Forming date 17 Dec 2017
Last update 21 Sep 2019
11 Sep 2019 shortest
Current top 10419.325
Current bottom 9831.198
Forming date 11 Sep 2019
Last update 21 Sep 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
10100.0 Maximum price support level based on 7 days movements
Brief prediction

Price of BTC has broken last trend and will FALL from the support level $10100.0


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
10015 -1.49% -3.48% -3.97% 11.10% 151.21% 48.31%
7
Exponential Moving Averages
Summary EMA5 EMA10 EMA20 EMA50 EMA100 EMA200
sell
10123
sell
10151
sell
10159
sell
10373
sell
9709.0
buy
7619.9
buy
8
Bitcoin Open Interest

Futures report as of 2019-09-21 CME & CBOE combined

Open Interest: 23,247 (-314)

Category Short Long Sentiment
Funds 12,052
-537
8,686
59
58.12% sell
41.88% buy
Others 5,999
327
3,299
-177
64.52% sell
35.48% buy
Small 2,491
20
8,327
-72
23.03% sell
76.97% buy

Short brief

Overall a small increase in open interest held.
Leveraged funds increased SHORT positions held since 2018-01-23 and price $10,585
Other professional rebalance interest and come to NEUTRAL/LONG as the main idea since 2018-04-24 and price $9,226
Small traders take an increase in positioning remaining LONG since the beginning of reports 2017-12-19 and price $18,924