Bitcoin Market Report: BTC/USDT Up 9.84% on the Week

Brief:


Bitcoin is up 4.07% on the day, up 9.84% on the week and up 15.29% on the month on a last price of $856.07. BTC/USDT is trading between a 24hr high of $869.00 and a 24hr low of $821.00 on a 24hr volume of 810102 USDT or 954 BTC. The weekly trend is up.

Last price

856.07 BTC/USDT

$USD

last price $ 856.07
one week ago $ 779.40
percentage 9.84%

Volume

Volume

The 24 hour volume on Poloniex is 810102.36883813 USDT or 954.05375241 BTC.

Remarks

Bitcoin has been on a tear over the last two days. BTC is up on 24 hours by 4.07% and up on the week by a whopping 9.84%.

At press time we are seeing descending high candlesticks – and volume is down considerably. See the Featured Chart for a four day look in 30 minute candlesticks.

Price change

Price change is the percentage change within the period:

period change
day 4.07%
week 9.84%
month 15.29%

Featured Chart

Tap or click chart to enlarge:

chart-btc-usdt-4day-30minute-2016-12-22

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 $ 13,746,739,529
Available supply 16057962
Last price $ 856.07

Daily High Low

daily high 869.00
daily low 821.00

Trend

The weekly trend is up.

trend is UP

Support

Support is the lowest price within the period:

period support
day 821.00
week 774.00
biweekly 753.25
month 722.11

Resistance

Resistance is the highest price within the period:

period resistance
day 869..00
week 869.00
biweekly 869.00
month 869.00

Margin trading

no

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 $48.00000000
week $76.67000000
month $113.51000000

Market sentiment

Market sentiment is neutral.

sentiment neutral

Image courtesy Pixabay.com

Summary

Bitcoin is up 4.07% on the day, up 9.84% on the week and up 15.29% on the month. The weekly trend is up. BTC/USDT saw weekly support at $774.00 and weekly resistance at $869.00. 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 December 22 2016 20:30 hours UTC. Contact KittyBitcoin to request custom reports.

Thanks for reading! 🙂

Tags

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