Bitcoin

Bitcoin Market Report: BTC Drops -3.02% in a Week

Price brief


Bitcoin is down -0.05% on the day, down -3.02% on the week and down -1.63% on the month:

Last price

442.32 BTCUSD

BTCUSD

last price $ 442.32
one week ago $ 456.10
percentage -3.02%

Remarks

The OKCoin 21 day chart (illustrated) shows a price drop of just over 3% on the week. Bitcoinity.org reports 8,203,200 total BTC traded in all BTC currency pairs over the last seven days.

Price change

Price change is the percentage change within the period:

period change
day -0.05%
week -3.02%
month -1.63%

Chart

Tap or click chart to enlarge:

bitcoin-okcoin-chart

Data source

Okcoin is the data source for this report.

Market capitalization

Market capitalization is the total $US dollar value of the Bitcoin market calculated using the formula:

market cap = ( available supply x last price )
Market cap Available supply Last price
$ 6,886,480,080 15569000 $ 442.32

Indicators

Daily High Low

daily high 443.95
daily low 440.73

Trend

The weekly trend is down.

trend is DOWN

Support

Support is the lowest price within the period:

period support
day 440.73
week 436.67
biweekly 436.67
month 430.31

Resistance

Resistance is the highest price within the period:

period resistance
day 443.95
week 457.61
biweekly 465.15
month 470.00

Range

Range is the difference in price within the period:

period range
day 3.22000000
week -13.78000000
month -7.31000000

Market sentiment

Market sentiment is bearish.

sentiment bearish

Image courtesy Pixabay.com

Summary

Bitcoin is down -0.05% on the day, down -3.02% on the week and down -1.63% on the month. The weekly trend is down. BTCUSD saw weekly support at 436.67 and weekly resistance at 457.61. Market sentiment is bearish.

Disclaimer

Past history is NOT an indicator of future results. Read the legal disclaimer:

http://kittybitcoin.com/docs/disclaimer.php

Printed

This report was printed on Saturday May 21 2016 21:27 hours UTC.

Coming soon

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Bitcoin & Ethereum Market Reports coming soon –
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Tags

Bitcoin, Okcoin, BTCUSD, Price brief, Last price, Remarks, Price change, Chart, Data source, Market capitalization, Indicators, Daily high low, Trend, Support, Resistance, Range, Market sentiment, Summary, Disclaimer, Printed, Coming soon, Tags

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