Bitcoin

Bitcoin Market Report: $BTC Retests Resistance Above $6000

Bitcoin is up 6.47% in 24 hours, up 2.22% on the week and up 33.84% on the month on a last price of $6,139.20.
Bitcoin is up 6.47% in 24 hours, up 2.22% on the week and up 33.84% on the month on a last price of $6,139.20.

Brief:


On October 23 2017 bitcoin found resistance at $6,3450. Today BTC is again testing the resistance above $6000. Bitcoin is up 6.47% in 24 hours, up 2.22% on the week and up 33.84% on the month on a last price of $6,139.20. The Bitcoin marketcap is $102,241,162,440 with a circulating supply of 16,653,825 $BTC. $BTC/USD is trading between a 24hr high of $6,345.00 and a 24hr low of $5,759.10 on a 24hr Bitfinex volume of 66,189 BTC. In moderate volume trading the weekly trend is mixed.

Last price

6139.20 $BTC/USD

$USD

last price $ 6139.20
one week ago $ 6005.90
percentage 2.22%

Volume

Volume

$BTC 24 hour volume
USD 66,189 BTC
all $BTC currencies 444,602 BTC

The 24 hour volume for $BTC/USD on Bitfinex is 66,189 BTC. This volume weight is moderate when compared with Bitfinex daily trading levels for $BTC over the last month.

The total 24 hour volume for all reporting $BTC markets is 444,602 BTC.

Market Share

The Bitfinex currency pair $BTC/USD is 14.89% of all $BTC traded in twenty-four hours. Bithumb (6.27%) and bitFlyer(4.79%) are number two and three exchanges by daily market share today.

Top Ten Bitcoin Exchanges by Volume: One Day

data courtesy CoinMarketCap.com

Remarks

On October 23 2017 bitcoin found resistance at $6,3450. Today BTC is again testing the resistance above $6000. Bitcoin is up 6.47% in 24 hours, up 2.22% on the week and up 33.84% on the month on a last price of $6,139.20. The Bitcoin marketcap is $102,241,162,440 with a circulating supply of 16,653,825 $BTC. $BTC/USD is trading between a 24hr high of $6,345.00 and a 24hr low of $5,759.10 on a 24hr Bitfinex volume of 66,189 BTC. In moderate volume trading the weekly trend is mixed.

CoinMarketCap.com YTD Chart

One Day Candles

Browse Bitcoin Collection

Learn about the unique characteristics of $BTC. Browse our collection of Bitcoin Market Reports.

24 Hours of Bitcoin
24 Hours of #Bitcoin
5.05% price $6,101.04
vol $2,642,800,000
mktcap $101,606,030,742
16.65M #XBT 07:29 #FinTech
http://kittybitcoin.com/bitcoin/24_hours_of_bitcoin.php

XBTLivePriceTM

Yesterday

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Price change

Price change is the $BTC percentage change within the period:

period change
day 6.47%
week 2.22%
month 33.84%

Highlight Chart

Tap / click to enlarge:

Data source

Bitfinex is the main data source for this report. Other sources are credited where used.

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 $ 102,241,162,440
Circulating supply 16,653,825
Last price $ 6139.20
Circulating supply data courtesy of CoinMarketCap.com.

Daily High Low

daily high 6345.00
daily low 5759.10

Trend

The weekly trend is mixed.

trend is MIXED

Resistance

Resistance is the highest price within the period:

period resistance
day 6345.00
week 6345.00

Support

Support is the lowest price within the period:

period support
day 5759.10
week 5365.30

Market sentiment

Market sentiment is neutral.

sentiment neutral

Image courtesy Pixabay.com

Summary

On October 23 2017 bitcoin found resistance at $6,345. Today BTC is again testing the resistance above $6000. Bitcoin is up 6.47% in 24 hours, up 2.22% on the week and up 33.84% on the month on a last price of $6,139.20. The Bitcoin marketcap is $102,241,162,440 with a circulating supply of 16,653,825 $BTC. $BTC/USD saw weekly resistance at $6,345.00 and weekly support at $5,365.30. Market sentiment is neutral. The weekly trend is mixed in moderate volume trading.

Analytic Strategy: Objective Analysis

Objective analysis begins free of subjectivity. Interpretation of technical analysis geometric patterns, for example perceived shapes on a trading chart, is inherently subjective. This report is free of technical subjectivity to the maximum extent reasonably possible.

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 Monday October 30 2017 07:25 hours UTC. Contact KittyBitcoin to request custom reports. Share your thoughts with @KittyBitcoin on Twitter.

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Tags

Bitcoin, $BTC, USD, Bitfinex, Market, Report, $BTC/USD

@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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