Bitcoin Market Report: BTC/USD Up 3.24% on the Week

Brief:


Bitcoin is up 0.92% on the day, up 3.24% on the week and up 9.20% on the month on a last price of $660.99. BTC/USD is trading between a 24hr high of $664.80 and a 24hr low of $653.49 on a Poloniex 24hr volume of 110844 USDT or 168 BTC. The weekly trend is up.

Last price

660.99 BTC/USD

$USD

last price $ 660.99
one week ago $ 640.22
percentage 3.24%

Volume

Volume

The 24 hour volume on Poloniex is 110844.03940111 USDT or 168.57564027 BTC.

Remarks

Bitcoin is moving again. It has seen a high of $670.87 set on October 22 2016 on a single day volume of 602 BTC. The price has again moved upwards on October 25 to a daily high of $664.80. The latest price candle at press time is red.

The Featured Chart illustrates this week’s price movement.

Price change

Price change is the percentage change within the period:

period change
day 0.92%
week 3.24%
month 9.20%

Chart

Tap or click chart to enlarge:

chart-btc-usd-poloniex-1week-2hours-2016-10-24

Data source

Poloniex 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
$ 10,536,051,046 15939804 $ 660.99

Daily High Low

daily high 664.80
daily low 653.49

Trend

The weekly trend is up.

trend is UP

Support

Support is the lowest price within the period:

period support
day 653.49
week 626.05

Resistance

Resistance is the highest price within the period:

period resistance
day 664.80
week 670.87

Margin trading

yes

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

Range

Range is the difference in price within the period:

period range
day 11.31000000
week 20.77000000
month 55.69000000

Market sentiment

Market sentiment is bullish.

sentiment bullish

Image courtesy Pixabay.com

Summary

Bitcoin is up 0.92% on the day, up 3.24% on the week and up 9.20% on the month. The weekly trend is up. BTC/USD saw weekly support at $626.05 and weekly resistance at $670.87. Market sentiment is bullish.

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 Tuesday October 25 2016 06:53 hours UTC. Contact KittyBitcoin to request custom reports.

Thanks for reading! 🙂

Tags

Bitcoin, BTC/USD, Poloniex, 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

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