Bitcoin (BTC) weekly Market overview

Bitgur, 27 Jul 24
1
Global Trends
Trade volume
20-26 Jul 2024 Last 7d vs previous 7d
26.2B 16.0M (0.06%)
Bitcoin Dominance
20-26 Jul 2024, avg Last 7d vs previous 7d
66.99% 0.87%
Bitcoin Trade Volume Dominance
20-26 Jul 2024, avg Last 7d vs previous 7d
22.74% -3.63%
Bitcoin Network Transactions
20-26 Jul 2024, avg Last 7d vs previous 7d
711,310 25.31%
Bitcoin Hash Rate TH/s
20-26 Jul 2024, avg Last 7d vs previous 7d
667,144,833 11.27%
2
Volume profile (7 days timeframe)
3
Significant trend channels (90 days timeframe)


Significant trend channels

10 Nov 2022 best fit
Current top 77091.95
Current bottom 75684.766
Forming date 10 Nov 2022
Last update 27 Jul 2024
18 Jun 2022 longest
Current top 23420.832
Current bottom 16835.46
Forming date 18 Jun 2022
Last update 27 Jul 2024
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
Brief prediction



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
68735 2.11% -0.82% 9.39% 6.58% 56.07% 124.61% 115690 59.41%
7
Exponential Moving Averages
Summary EMA5 EMA10 EMA20 EMA50 EMA100 EMA200
sell
70705
sell
70705
sell
70705
sell
70705
sell
70705
sell
70705
sell
8
Bitcoin Open Interest

Futures report as of 2024-07-27 CME & CBOE combined

Open Interest: 120,502 (-314)

Category Short Long Sentiment
Funds 68,967
-537
16,811
59
80.4% sell
19.6% buy
Others 8,264
327
15,784
-177
34.36% sell
65.64% buy
Small 3,721
20
9,607
-72
27.92% sell
72.08% buy

Short brief

No data updates from CFTC due to US government shutdown.