Bitcoin Market Report: BTC/USD Up 5.62% on the Day

Brief:


Bitcoin is up 5.62% on the day, up 4.50% on the week and up 17.61% on the month on a last price of $751.99. BTC/USD is trading between a 24hr high of $763.85 and a 24hr low of $711.04 on a 24hr volume of 21910. The weekly trend is mixed.

Last price

751.99 BTC/USD

$USD

last price $ 751.99
one week ago $ 719.64
percentage 4.50%

Volume

Volume

The 24 hour volume on Bitfinex is 21910.

Remarks

Bitcoinity’s seven day report places @Bitfinex as market leader in BTC/USD with 21.11% market share:

piechart-btc-usd-weekly-marketshare-2016-11-16

The Featured Chart shows the week’s latest price and volume changes in which we see bitcoin still surging upwards. At the present rate of growth bitcoin could surpass the price of an ounce of gold in 2017.

Price change

Price change is the percentage change within the period:

period change
day 5.62%
week 4.50%
month 17.61%

Featured Chart

Tap or click chart to enlarge:

chart-btc-usd-bitfinex-7days-2016-11-16

Data source

Bitfinex 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
$ 12,025,363,110 15991387 $ 751.99

Daily High Low

daily high 763.85
daily low 711.04

Trend

The weekly trend is mixed.

trend is MIXED

Support

Support is the lowest price within the period:

period support
day 711.04
week 687.60
biweekly 676.00
month 629.49

Resistance

Resistance is the highest price within the period:

period resistance
day 763.85
week 763.85
biweekly 763.85
month 763.85

Margin trading

yes

The data source Bitfinex offers margin trading on this digital asset.

Range

Range is the difference in price within the period:

period range
day 52.81000000
week 32.35000000
month 112.62000000

Market sentiment

Market sentiment is bullish.

sentiment bullish

Image courtesy Pixabay.com

Summary

Bitcoin is up 5.62% on the day, up 4.50% on the week and up 17.61% on the month. The weekly trend is mixed. BTC/USD saw weekly support at $687.60 and weekly resistance at $763.85. 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 Thursday November 17 2016 05:33 hours UTC. Contact KittyBitcoin to request custom reports.

Thanks for reading! 🙂

Tags

Bitcoin, BTC/USD, Bitfinex, 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