Bitcoin

Bitcoin Market Report: $BTC Returns to Sub $6000

Brief:


Bitcoin returns to a sub $6000 price after dipping as low as $5780 yesterday. Bitcoin is down -3.68% in 24 hours, down -2.76% on the week and down -21.27% on the month on a last price of $5879.28. The Bitcoin marketcap is $100,665,767,070 with a circulating supply of 17,122,125 $BTC. $BTC/USDT is trading between a 24hr high of $6115.01 and a 24hr low of $5780.00 on a 24hr Binance volume of $208,434,000. This trading volume is light to moderate. The weekly price trend has changed from a bearish look two weeks ago to mixed this week.

Rank

Bitcoin is ranked #1 today by cryptocurrency market capitalization.

Last price

5879.28 $BTC/USDT

$USD

last price $ 5879.28
one week ago $ 6045.92

Price change

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

period change
day -3.68%
week -2.76%
month -21.27%

Volume

Volume

$BTC 24 hour volume
USDT $208,434,000
all $BTC currencies $3,764,720,000

The 24 hour volume for $BTC/USDT on Binance is $208,434,000. This volume weight is light to moderate when compared with Binance daily trading levels for $BTC over the last month.

The total 24 hour volume for all reporting $BTC markets is $3,764,720,000.

Market Share

The Binance currency pair $BTC/USDT is 5.54% of all $BTC traded in twenty-four hours. Binance leads the pack with its $USDT pair, and has two more pairs in the top fifteen. Bitfinex and OKEx hold down positions two and three.

Top $BTC Pairs
Tap / click for detail:

Remarks

Bitcoin returns to a sub $6000 price after dipping as low as $5780 on June 28. Bitcoin is down -3.68% in 24 hours, down -2.76% on the week and down -21.27% on the month on a last price of $5879.28. The Bitcoin marketcap is $100,665,767,070 with a circulating supply of 17,122,125 $BTC. $BTC/USDT is trading between a 24hr high of $6115.01 and a 24hr low of $5780.00 on a 24hr Binance volume of $208,434,000. This trading volume is light to moderate. The weekly price trend has changed from a bearish look two weeks ago to mixed this week.

Four of the last seven candles are green, so its not all bad news for long traders as bitcoin turns from a downward to mixed trend – at least in terms of the last week in daily candles.

We last saw bitcoin drop heavily on June 23 – just six days ago – when the $BTC price tanked to $5750.

Browse KittyBitcoin’s Bitcoin $BTC Technical Analysis on AllCoinsNews.com to see what the industry pundits are saying about the next direction bitcoin will go. The newest Weekend Edition is coming out soon – look for it on AllCoinsNews.com or subscribe to our email blast.

One Year $BTC Chart

$BTC 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
-3.5% price $5,906.25
vol $3,764,600,000
mktcap $101,127,993,750
17.12M #XBT 18:16
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 returns to a sub $6000 price after dipping as low as $5780 yesterday. Bitcoin is down -3.68% in 24 hours, down -2.76% on the week and down -21.27% on the month on a last price of $5879.28.
Bitcoin returns to a sub $6000 price after dipping as low as $5780 yesterday. Bitcoin is down -3.68% in 24 hours, down -2.76% on the week and down -21.27% on the month on a last price of $5879.28.
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Data sources

Main Data Source

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

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 fine 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 $ 100,665,767,070
Circulating supply 17,122,125
Last price $ 5879.28

Daily High Low

daily high 6115.01 USDT
daily low 5780.00 USDT

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 6115.01 USDT
week 6350.00 USDT

Support

Support is the lowest price within the period:

period support
day 5780.00 USDT
week 5750.00 USDT

Market sentiment

Market sentiment is bearish.

sentiment bearish

Image courtesy Pixabay.com

Summary

Bitcoin returns to a sub $6000 price after dipping as low as $5780 on June 28. Bitcoin is down -3.68% in 24 hours, down -2.76% on the week and down -21.27% on the month on a last price of $5879.28. The Bitcoin marketcap is $100,665,767,070 with a circulating supply of 17,122,125 $BTC. $BTC/USDT saw weekly resistance at $6350.00 USDT and weekly support at $5750.00 USDT. Market sentiment is bearish. The weekly price trend is mixed in daily light to moderate volume trading.

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 Friday June 29 2018 17:05 hours UTC. Contact KittyBitcoin to request custom reports. Share your thoughts with @KittyBitcoin on Twitter.

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