Bitcoin

Bitcoin Market Report: $BTC Increases by $2685 in 24 Hours

Bitcoin increases in value by $2685 in just 24 hours. Bitcoin is up 20.89% in 24 hours, up 58.05% on the week and up 121.93% on the month on a last price of $15,435.
Bitcoin increases in value by $2685 in just 24 hours. Bitcoin is up 20.89% in 24 hours, up 58.05% on the week and up 121.93% on the month on a last price of $15,435.

Brief:


Bitcoin increases in value by $2685 in just 24 hours. Bitcoin is up 20.89% in 24 hours, up 58.05% on the week and up 121.93% on the month on a last price of $15,435. The Bitcoin marketcap is $258,171,984,000 with a circulating supply of 16,726,400 $BTC. $BTC/USD is trading between a 24hr high of $15,820 and a 24hr low of $12,757 on a 24hr Bitfinex volume of 143,098 BTC. In moderate to heavy volume trading the weekly trend is mixed.

Last price

15435 $BTC/USD

$USD

last price $ 15435
one week ago $ 9766
percentage 58.05%

Volume

Volume

$BTC 24 hour volume
USD 143,098 BTC
all $BTC currencies 1,129,460 BTC

The 24 hour volume for $BTC/USD on Bitfinex is 143,098 BTC. This volume weight is moderate to heavy when compared with Bitfinex daily trading levels for $BTC over the last month.

The total 24 hour volume for all reporting $BTC markets is 1,129,460 BTC.

Market Share

The Bitfinex currency pair $BTC/USD is 12.67% of all $BTC traded in twenty-four hours. Bithumb is second with 11.05% of the daily market.

Remarks

Bitcoin increases in value by $2685 in just 24 hours. Bitcoin is up 20.89% in 24 hours, up 58.05% on the week and up 121.93% on the month on a last price of $15,435. The Bitcoin marketcap is $258,171,984,000 with a circulating supply of 16,726,400 $BTC. $BTC/USD is trading between a 24hr high of $15,820 and a 24hr low of $12,757 on a 24hr Bitfinex volume of 143,098 BTC. In moderate to heavy volume trading the weekly trend is mixed.

Market sentiment is labelled as neutral because it looks like the bullish trend is seeing profit taking. Mixed trading is the norm – price trend is not just up but is seeing some significant selloffs when looking at the one hour candles chart.

CoinMarketCap.com YTD Chart

One Day Candles

Browse Bitcoin Collection

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24 Hours of Bitcoin
24 Hours of #Bitcoin
21.72% price $16,277.40
vol $17,391,300,000
mktcap $272,262,905,624
16.73M #XBT 20:15 #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 20.89%
week 58.05%
month 121.93%

Highlight Chart

Tap / click to enlarge:

Bitcoin increases in value by $2685 in just 24 hours. Bitcoin is up 20.89% in 24 hours, up 58.05% on the week and up 121.93% on the month on a last price of $15,435.
Bitcoin increases in value by $2685 in just 24 hours. Bitcoin is up 20.89% in 24 hours, up 58.05% on the week and up 121.93% on the month on a last price of $15,435.

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 $ 258,171,984,000
Circulating supply 16,726,400
Last price $ 15435
Circulating supply data courtesy of CoinMarketCap.com.

Daily High Low

daily high 15820
daily low 12757

Trend

The weekly trend is mixed.

trend is MIXED

Resistance

Resistance is the highest price within the period:

period resistance
day 15820
week 15820

Support

Support is the lowest price within the period:

period support
day 12757
week 8801

Market sentiment

Market sentiment is neutral.

sentiment neutral

Image courtesy Pixabay.com

Summary

Bitcoin increases in value by $2685 in just 24 hours. Bitcoin is up 20.89% in 24 hours, up 58.05% on the week and up 121.93% on the month on a last price of $15,435. The Bitcoin marketcap is $258,171,984,000 with a circulating supply of 16,726,400 $BTC. $BTC/USD saw weekly resistance at $15,820 and weekly support at $8,801. Market sentiment is neutral. The weekly trend is mixed in moderate to heavy 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 Thursday December 07 2017 20:10 hours UTC. Contact KittyBitcoin to request custom reports. Share your thoughts with @KittyBitcoin on Twitter.

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Thanks for reading! 🙂

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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