Bitcoin (BTC) weekly Market overview

Bitgur, 2 Aug 21
1
Global Trends
Trade volume
26 Jul - 1 Aug 2021 Last 7d vs previous 7d
37.2B 12.2B (48.62%)
Bitcoin Dominance
26 Jul - 1 Aug 2021, avg Last 7d vs previous 7d
57.89% 2.25%
Bitcoin Trade Volume Dominance
26 Jul - 1 Aug 2021, avg Last 7d vs previous 7d
20.39% 5.06%
Bitcoin Network Transactions
26 Jul - 1 Aug 2021, avg Last 7d vs previous 7d
239,846 9.95%
Bitcoin Hash Rate TH/s
26 Jul - 1 Aug 2021, avg Last 7d vs previous 7d
109,887,906 9.67%
2
Volume profile (7 days timeframe)
3
Significant trend channels (90 days timeframe)


Significant trend channels

19 May 2021 best fit
Current top 37982.836
Current bottom 29983.508
Forming date 19 May 2021
Last update 02 Aug 2021
17 Apr 2021 longest
Current top 34274.086
Current bottom 22462.953
Forming date 17 Apr 2021
Last update 02 Aug 2021
27 Jul 2021 shortest
Current top 43466.12
Current bottom 40387.49
Forming date 27 Jul 2021
Last update 02 Aug 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
41410.0 Channel maximum price resist level based on 7 days movements
31600.0 Channel minimum price resist level based on 7 days movements
Brief prediction

Price of BTC will be traded in CHANNEL near to $38350.0 with $41410.0 as upper border and $31600.0 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
39593 -4.27% 6.15% 17.05% -24.66% 11.65% 264.77% 64666 61.23%
7
Exponential Moving Averages
Summary EMA5 EMA10 EMA20 EMA50 EMA100 EMA200
buy
40369
sell
38691
buy
36576
buy
35532
buy
38786
buy
41358
sell
8
Bitcoin Open Interest

Futures report as of 2021-08-02 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.