Bitcoin Market Report: $BTC Comes Alive

Brief:


Bitcoin departed from its anemic drift downwards with a strong upwards move this week. The move saw $BTC climb above $8,000. Bitcoin is down -1.27% in 24 hours, up 16.23% on the week and down -2.07% on the month on a last price of 8015.00. The Bitcoin marketcap is $136,075,760,555 with a circulating supply of 16,977,637 $BTC. $BTC/USDT is trading between a 24hr high of 8186.00 and a 24hr low of 7768.47 on a 24hr Binance volume of $325,069,000. This trading volume is light to moderate. The weekly price trend is up.

Last price

8015.00 $BTC/USDT

$USD

last price $ 8015.00
one week ago $ 6895.81

Price change

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

period change
day -1.27%
week 16.23%
month -2.07%

Volume

Volume

$BTC 24 hour volume
USDT $325,069,000
all $BTC currencies $5,815,220,000

The 24 hour volume for $BTC/USDT on Binance is $325,069,000. 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 $5,815,220,000.

Market Share

The Binance currency pair $BTC/USDT is 5.59% of all $BTC traded in twenty-four hours. This is the first two week period in which Binance has emerged with the top selling pair. This eclipses both Bitfinex (5.12%) and OKEx (4.69%).

Top $BTC Pairs
Tap / click for detail:

Remarks

Bitcoin departed from its anemic drift downwards with a strong upwards move this week. The move saw $BTC climb above $8,000. Bitcoin is down -1.27% in 24 hours, up 16.23% on the week and down -2.07% on the month on a last price of 8015.00. The Bitcoin marketcap is $136,075,760,555 with a circulating supply of 16,977,637 $BTC. $BTC/USDT is trading between a 24hr high of 8186.00 and a 24hr low of 7768.47 on a 24hr Binance volume of $325,069,000. In light to moderate volume trading the weekly trend is up.

Five of seven daily candles are green. Bitcoin is seeing renewed confidence and more traders are buying than selling $BTC.

The small $BTC rebound comes after weeks of bearish descent from the $19,798.68 (Binance) high on December 10 2017.

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
0.04% price $8,011.49
vol $5,781,500,000
mktcap $136,016,769,911
16.98M #XBT 21:18
http://kittybitcoin.com/bitcoin/24_hours_of_bitcoin.php

XBTLivePriceTM

Yesterday

Altcoin Market Reports
We publish topical Market Reports on many altcoins. Browse our extensive collection of Altcoin Market Reports.

Highlight Chart

Tap / click to enlarge:

Bitcoin departed from its anemic drift downwards with a strong upwards move this week. The move saw $BTC climb above $8,000. Bitcoin is down -1.27% in 24 hours, up 16.23% on the week and down -2.07% on the month on a last price of $8015.00.
Bitcoin departed from its anemic drift downwards with a strong upwards move this week. The move saw $BTC climb above $8,000. Bitcoin is down -1.27% in 24 hours, up 16.23% on the week and down -2.07% on the month on a last price of $8015.00.

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 $ 136,075,760,555
Circulating supply 16,977,637
Last price $ 8015.00

Daily High Low

daily high 8186.00 USDT
daily low 7768.47 USDT

Trend

The weekly trend is up.

trend is UP

Trend is "up" when the weekly price movement is predominantly upwards.

Resistance

Resistance is the highest price within the period:

period resistance
day 8186.00 USDT
week 8233.39 USDT

Support

Support is the lowest price within the period:

period support
day 7768.47 USDT
week 6611.00 USDT

Market sentiment

Market sentiment is neutral.

sentiment neutral

Image courtesy Pixabay.com

Summary

Bitcoin departed from its anemic drift downwards with a strong upwards move this week. The move saw $BTC climb above $8,000. Bitcoin is down -1.27% in 24 hours, up 16.23% on the week and down -2.07% on the month on a last price of $8015.00. The Bitcoin marketcap is $136,075,760,555 with a circulating supply of 16,977,637 $BTC. $BTC/USDT saw weekly resistance at $8233.39 USDT and weekly support at $6611.00 USDT. Market sentiment is neutral. The weekly price trend is up in daily light to moderate volume trading.

Crypto Storage Safety

Don’t RISK your crypto on an exchange. Use a COLD STORAGE bitcoin safe from Trezor.

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 Saturday April 14 2018 20:13 hours UTC. Contact KittyBitcoin to request custom reports. Share your thoughts with @KittyBitcoin on Twitter.

Thanks for reading! 🙂

Tags

Bitcoin, $BTC, USDT, Binance, Market, Report, $BTC/USDT, altcoins