Bitcoin (BTC) weekly Market overview

Bitgur, 26 Feb 21
1
Global Trends
Trade volume
19-25 Feb 2021 Last 7d vs previous 7d
194B 47.1B (32.11%)
Bitcoin Dominance
19-25 Feb 2021, avg Last 7d vs previous 7d
68.47% 0.88%
Bitcoin Trade Volume Dominance
19-25 Feb 2021, avg Last 7d vs previous 7d
21.76% 0.05%
Bitcoin Network Transactions
19-25 Feb 2021, avg Last 7d vs previous 7d
313,025 -1.20%
Bitcoin Hash Rate TH/s
19-25 Feb 2021, avg Last 7d vs previous 7d
156,295,152 3.20%
2
Volume profile (7 days timeframe)
3
Significant trend channels (90 days timeframe)


Significant trend channels

15 Oct 2020 best fit
Current top 58180.57
Current bottom 36204.258
Forming date 15 Oct 2020
Last update 25 Feb 2021
20 Feb 2021 shortest
Current top 52281.375
Current bottom 42583.312
Forming date 20 Feb 2021
Last update 26 Feb 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
45460.0 Edge price dividing trends based on 7 days movements
56080.0 Channel maximum price resist level based in case of RAISE trend on 7 days movements
45460.0 Channel minimum price resist level based in case of RAISE trend on 7 days movements
45460.0 Minimum price support level in case of FALL trend based on 7 days movements
Brief prediction

Price of BTC is now on EDGE at $45460.0. So the next scenario is able. If price will go up it will spend next in CHANNEL near to $49300.0 with $56080.0 as upper border and $45460.0 as bottom. If price will go down, it will FALL with support level $45460.0


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
46154 -8.97% -17.69% 41.99% 168.92% 310.06% 415.69% 58420 79.00%
7
Exponential Moving Averages
Summary EMA5 EMA10 EMA20 EMA50 EMA100 EMA200
neutral
50041
sell
50553
sell
48674
sell
43442
buy
34667
buy
26099
buy
8
Bitcoin Open Interest

Futures report as of 2021-02-26 CME & CBOE combined

Open Interest: 59,737 (-314)

Category Short Long Sentiment
Funds 44,637
-537
16,731
59
72.74% sell
27.26% buy
Others 1,904
327
16,049
-177
10.61% sell
89.39% buy
Small 4,036
20
18,727
-72
17.73% sell
82.27% buy

Short brief

No data updates from CFTC due to US government shutdown.