BitShares(bts)market reviews and price predictions
BitShares market statement for 2023-05-27
Yesterday the price of bts stood at $0.008. The market capitalization of the asset was $20 941 747. BitShares’s volatility was established at 0.27%. The trading volume of the coin reached $274 140.
BitShares prognosis for the next days:
We estimate the price of BitShares to be $0.007 tomorrow 2023-06-07 and $0.008 on 2023-06-13;
We estimate the market capitalization of BitShares to reach $21 819 607 tomorrow 2023-06-07 and $21 406 867 on 2023-06-09;
We estimate the volatility of BitShares to become 1.04% tomorrow 2023-06-07 and 1.12% on 2023-06-09;
We estimate the trading volume of BitShares to amount to $374 131 tomorrow 2023-06-07 and $327 739 on 2023-06-09.
Our recommendation for the pair BTS/USD for tomorrow, 2023-06-07, to buy.
May 21 - May 27 market wrap: BitShares had a slight 4% drop.
Between May 21 - May 27, BitShares has been mostly bearish as its price has been in the falling mode. The price swings of BTS pointed to the presence of low volatility. The price action of the coin has been accompanied by the decreased market capitalization of the said digital asset. The past week’s price movement of the crypto coin was accompanied by the falling trading volume on the corresponding market.
BitShares sees limited 4% gains between May 14 and May 20 as the market cools down.
The upward movement of the BitShares price last week indicates the chosen market is. The volatility of BTS has been low throughout the reviewed period in correspondence with the price action. There has been a rise in the market capitalization of the asset during the period under review. There has been a growth in trading volume on the crypto coin's market in conjunction with the price movement.
BitShares showed a moderate 7% growth between May 11 and May 17.
Between May 11 - May 17, BitShares has been mostly bearish as its price has been in the rising mode. BTS was caught in a period of medium volatility, which was reflected in its price action. Last week’s market conditions reflected on the market capitalization of the asset, which was rising. The price action of the crypto coin last week took place on the back of increased trading volume.
The buyers controlled the BitShares market between May 11 and May 17 as the price grew by 7%.
Between May 11 - May 17, BitShares has been mostly bearish as its price has been in the rising mode. BTS has been going through a period of medium volatility, which fell in line with the occurred price changes. The price action on the coin's market translated to the growth of market capitalization. The crypto coin's market experienced a growing trading volume during the observed time period, which fell in line with the price action.
BitShares analysis May 9 - May 15 : bears in all-out attack as the price collapses by 11%.
The downward movement of the BitShares price last week indicates the chosen market is bearish. The volatility associated with the BTS market was medium, as were its price fluctuations. The price action of the coin has been accompanied by the decreased market capitalization of the said digital asset. The price action of the crypto coin from last week stemmed from the decreasing trading volume.
The May 9 - 15 market report: BitShares plunges by 11% as sellers apply more pressure.
The downward movement of the BitShares price last week indicates the chosen market is bearish. The price swings of BTS pointed to the presence of medium volatility. Last week’s market conditions reflected on the market capitalization of the asset, which was falling. The trading volume on the crypto coin's market has been decreasing throughout the reviewed period along with its price.
The capitulation of May 6 - May 12 : BitShares experienced a 18% dive.
The price of BitShares was falling last from May 6 until May 12, giving enough reason to conclude that the market is bearish. The volatility associated with the BTS market was medium, as were its price fluctuations. The asset saw its market capitalization falling over the reviewed period together with its price. The price action of the crypto coin last week took place on the back of decreased trading volume.
The bears had a field day between May 5 and May 11 as BitShares got knocked down by 23%.
The price of BitShares was falling last from May 5 until May 11, giving enough reason to conclude that the market is bearish. BTS was caught in a period of medium volatility, which was reflected in its price action. The price action of the coin has been accompanied by the decreased market capitalization of the said digital asset. The price action of the crypto coin from last week stemmed from the decreasing trading volume.
The bears had a field day between May 2 and May 8 as BitShares got knocked down by 15%.
The downward movement of the BitShares price last week indicates the chosen market is bearish. The volatility of BTS has been medium throughout the reviewed period in correspondence with the price action. There has been a fall in the market capitalization of the asset during the period under review. The past week’s price movement of the crypto coin was accompanied by the falling trading volume on the corresponding market.
A 15% drop on the BitShares market last week (May 2 - May 8) signals that the sellers are gaining strength.
The analysis of last week’s price action shows that the BitShares market is in the bearish phase since the price has been moving downward. The volatility associated with the BTS market was medium, as were its price fluctuations. The price action on the coin's market translated to the decline of market capitalization. There has been a decline in trading volume on the crypto coin's market in conjunction with the price movement.