Bitcoin

Bitcoin Market Report: $BTC Recovery Begins

Brief:


Bitcoin is back on the upswing although with a long way to go. Bitcoin is up 7.66% in 24 hours, up 21.48% on the week and down -26.15% on the month on a last price of $10010. The Bitcoin marketcap is $168,835,416,750 with a circulating supply of 16,866,675 $BTC. $BTC/USD is trading between a 24hr high of $10176 and a 24hr low of $9338 on a 24hr Bitfinex volume of $10,126.00. This trading volume is moderate to heavy. The weekly price trend is mixed.

Last price

10010 $BTC/USD

$USD

last price $ 10010
one week ago $ 8240

Price change

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

period change
day 7.66%
week 21.48%
month -26.15%

Volume

Volume

$BTC 24 hour volume
USD $10,126.00
all $BTC currencies $8,664,960,000

The 24 hour volume for $BTC/USD on Bitfinex is $10,126.00. 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 $8,664,960,000.

Market Share

The Bitfinex currency pair $BTC/USD is 0.01% of all $BTC traded in twenty-four hours. Bitfinex has swapped places from OKEx who was the leader two weeks ago.

Top $BTC Pairs

Remarks

Bitcoin is back on the upswing although with a long way to go. Bitcoin is up 7.66% in 24 hours, up 21.48% on the week and down -26.15% on the month on a last price of 10010. The Bitcoin marketcap is $168,835,416,750 with a circulating supply of 16,866,675 $BTC. $BTC/USD is trading between a 24hr high of 10176 and a 24hr low of 9338 on a 24hr Bitfinex volume of $10,126.00. In moderate to heavy volume trading the weekly trend is mixed.

One Year 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
8.76% price $10,119.50
vol $8,685,890,000
mktcap $170,682,570,650
16.87M #XBT 19:07 #FinTech
http://kittybitcoin.com/bitcoin/24_hours_of_bitcoin.php

XBTLivePriceTM

Yesterday

Altcoin Market Reports
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Highlight Chart

Tap / click to enlarge:

Bitcoin is up 7.66% in 24 hours, up 21.48% on the week and down -26.15% on the month on a last price of $10,010.
Bitcoin is up 7.66% in 24 hours, up 21.48% on the week and down -26.15% on the month on a last price of $10,010.

Data sources

Main Data Source

Bitfinex is the main data source for this report. The One Day Candles chart, highlight chart, and digital asset numeric trading data are from Bitfinex.

Secondary

CoinMarketCap is the secondary data source for this report. The One Year Chart, cryptocurrency rank, token circulating supply, and daily market share are sourced from CoinMarketCap.com.

Tertiary

XBTLivePriceTM and 24 Hours of Bitcoin are data products from KittyBitcoin.com

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 $ 168,835,416,750
Circulating supply 16,866,675
Last price $ 10010

Daily High Low

daily high 10176 USD
daily low 9338 USD

Trend

The weekly trend is mixed.

trend is MIXED

Trend is "mixed" when the week contains both green and red daily price candles, price movement up or down is significant, and there is no clear weekly price direction.

Resistance

Resistance is the highest price within the period:

period resistance
day 10176 USD
week 10176 USD

Support

Support is the lowest price within the period:

period support
day 9338 USD
week 7725 USD

Market sentiment

Market sentiment is neutral.

sentiment neutral

Image courtesy Pixabay.com

Summary

Bitcoin is back on the upswing although with a long way to go. Bitcoin is up 7.66% in 24 hours, up 21.48% on the week and down -26.15% on the month on a last price of $10,010. The Bitcoin marketcap is $168,835,416,750 with a circulating supply of 16,866,675 $BTC. $BTC/USD saw weekly resistance at $10,176 USD and weekly support at $7,725 USD. Market sentiment is neutral. The weekly price trend is mixed in daily 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 February 15 2018 19:04 hours UTC. Contact KittyBitcoin to request custom reports. Share your thoughts with @KittyBitcoin on Twitter.

Bitcoin & Ethereum

Thanks for reading! 🙂

Tags

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

KittyBitcoin supplies blockchain intelligence on http://kittybitcoin.com, on industry leading websites, and through white label channels since 2014. Follow @KittyBitcoin on Twitter®.
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