Bitcoin

Bitcoin Market Report: BIP91 Near Lock In Ignites $BTC Skyward

Brief:


The approaching lock in of the BIP91 protocol ignites the bitcoin market. Bitcoin is up 14.90% on the day, up 15.40% on the week and up 4.67% on the month on a last price of $2654.19. $BTC/USDT is trading between a 24hr high of $2672.00 and a 24hr low of $2210.00 on a 24hr volume of 30,411 BTC. The weekly trend is mixed.

Last price

2654.19 $BTC/USDT

$USD

last price $ 2654.19
one week ago $ 2299.99
percentage 15.40%

Volume

Volume

The 24 hour volume on Poloniex is 30,411 BTC. This is the month’s eighth highest volume.

Remarks

The approaching lock in of the BIP91 protocol ignites the bitcoin market. Bitcoin is up 14.90% on the day, up 15.40% on the week and up 4.67% on the month.

Bitcoin is nearing a lock in of new software. Traders have begun to respond favorably with Bitcoin up 14.90% on the day and climbing.

The leap upward is expected to continue with some stock analysts predicting a $3000 bitcoin. This isn’t as much a prediction as a “duh moment” since bitcoin has already been past $3000 and could well exceed the mark in the ensuing period.

CoinMarketCap YTD Chart

One Month Chart

Weekly Chart

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XBTLivePrice
Bitcoin spot prices from four major exchanges at print time:

Yesterday

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Price change

Price change is the percentage change within the period:

period change
day 14.90%
week 15.40%
month 4.67%

Featured Chart

Tap or click chart to enlarge:

Image courtesy XBT.eu

Data source

Poloniex is the data source for this market report – except as noted.

Market capitalization

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

market cap = ( circulating supply x last price )
Market cap $ 43,685,138,061
Circulating supply 16,458,887
Last price $ 2654.1975810
Circulating supply data courtesy of CoinMarketCap.com.

Daily High Low

daily high 2672.00
daily low 2210.00

Trend

The weekly trend is mixed.

trend is MIXED

Support

Support is the lowest price within the period:

period support
day 2210.00
week 1835.00

Resistance

Resistance is the highest price within the period:

period resistance
day 2672.00
week 2672.00

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 462.00000000
week 354.20758100

Market sentiment

Market sentiment is bullish.

sentiment bullish

Image courtesy Pixabay.com

Summary

The approaching lock in of the BIP91 protocol ignites the bitcoin market. Bitcoin is up 14.90% on the day, up 15.40% on the week and up 4.67% on the month. The weekly trend is mixed. $BTC/USDT saw weekly support at $1835.00 and weekly resistance at $2672.00. 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 July 20 2017 15:34 hours UTC. Contact KittyBitcoin to request custom reports. Share your thoughts with @KittyBitcoin on Twitter.

Coming soon

Thanks for reading! 🙂

Tags

Bitcoin, $BTC/USDT, 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

@KittyBitcoin supplies mobile friendly blockchain intelligence on http://kittybitcoin.com. Their favorite color is pink and the bigger the wool ball the better.
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