Bitcoin Market Report: BTC/USD Up 1.57% on the Month

Brief:


Bitcoin is up 0.21% on the day, up 1.73% on the week and up 1.57% on the month on a last price of 606.25. BTC/USD is trading between a 24hr high of 606.60 and a 24hr low of 603.63 on a 24hr volume of 1221.66 BTC. The weekly trend is sideways.

Last price

606.25 BTC/USD

$USD

last price $ 606.25
one week ago $ 595.92
percentage 1.73%

Volume

Volume

The 24 hour volume on Itbit is 1221.66 BTC.

Remarks

Bitcoinity Shows ItBit First
The Bitcoinity 30 day piechart in BTC/USD shows Itbit.com again commanding this niche market with a leading 17.43% marketshare:

marketshare-btcusd-2016-09

BTC-e was second overall, followed by Bitfinex, Coinbase, Bitstamp and others.

Tracking the monthly price
Bitcoin saw a monthly event on September 11 2016 when it dropped from a high of $627.85 to a low of $601.67. Sideways movement ensued until September 20 when the price dipped from $608.10 to $596.47 on the 22nd. Bitcoin has largely flatlined since – with a slight upwards trend – placing us at today’s last price of $606.25.

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Price change

Price change is the percentage change within the period:

period change
day 0.21%
week 1.73%
month 1.57%

Chart

Tap or click chart to enlarge:

btcusd-itbit-2016-09

Data source

Itbit is the data source for this market 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
$ 9,636,574,125 15895380 $ 606.25

Daily High Low

daily high 606.60
daily low 603.63

Trend

The weekly trend is sideways.

trend is SIDEWAYS

Support

Support is the lowest price within the period:

period support
day 603.63

Resistance

Resistance is the highest price within the period:

period resistance
day 606.60

Margin trading

no

The data source Itbit does NOT offer margin trading on this digital asset.

Range

Range is the difference in price within the period:

period range
day 2.97000000
week 10.33000000
month 9.40000000

Market sentiment

Market sentiment is neutral.

sentiment neutral

Image courtesy Pixabay.com

Summary

Bitcoin is up 0.21% on the day, up 1.73% on the week and up 1.57% on the month. The weekly trend is sideways. Market sentiment is neutral.

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 Thursday September 29 2016 18:59 hours UTC. Contact KittyBitcoin to request custom reports.

Coming soon

Thanks for reading! 🙂

Tags

Bitcoin, BTC/USD, Itbit, Brief, Last price, Volume, Remarks, Price change, Chart, Data source, Market capitalization, Indicators, Daily high low, Trend, Support, Margin trading, Resistance, Range, Market sentiment, Summary, Disclaimer, Printed, Coming soon, cryptocurrency, bitcoins, BTC, altcoins, investing, trading, speculation, coins, investment, digital, assets, tags