Bitcoin (BTC) weekly Market overview

Bitgur, 24 Oct 21
1
Global Trends
Trade volume
17-23 Oct 2021 Last 7d vs previous 7d
42.4B 8.21B (24.01%)
Bitcoin Dominance
17-23 Oct 2021, avg Last 7d vs previous 7d
58.61% 1.36%
Bitcoin Trade Volume Dominance
17-23 Oct 2021, avg Last 7d vs previous 7d
31.97% 8.84%
Bitcoin Network Transactions
17-23 Oct 2021, avg Last 7d vs previous 7d
276,759 1.70%
Bitcoin Hash Rate TH/s
17-23 Oct 2021, avg Last 7d vs previous 7d
151,210,929 5.04%
2
Volume profile (7 days timeframe)
3
Significant trend channels (90 days timeframe)


Significant trend channels

19 May 2021 best fit
Current top 64947.82
Current bottom 42465.844
Forming date 19 May 2021
Last update 23 Oct 2021
17 Apr 2021 longest
Current top 60735.277
Current bottom 33676.74
Forming date 17 Apr 2021
Last update 23 Oct 2021
04 Oct 2021 shortest
Current top 67977.63
Current bottom 62604.047
Forming date 04 Oct 2021
Last update 23 Oct 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
63680.0 Channel maximum price resist level based on 7 days movements
54040.0 Channel minimum price resist level based on 7 days movements
Brief prediction

Price of BTC will be traded in CHANNEL near to $60520.0 with $63680.0 as upper border and $54040.0 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
60313 0.00% -1.39% 40.93% 76.64% 21.77% 363.11% 66519 90.67%
7
Exponential Moving Averages
Summary EMA5 EMA10 EMA20 EMA50 EMA100 EMA200
buy
62402
sell
60934
sell
57735
buy
52821
buy
47145
buy
47923
buy
8
Bitcoin Open Interest

Futures report as of 2021-10-24 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.