Huobi BTC(hbtc)market reviews and price predictions
Huobi BTC market statement for 2023-02-07
Yesterday the price of hbtc stood at $23 534. The market capitalization of the asset was $207 463 440. Huobi BTC’s volatility was established at 0.75%. The trading volume of the coin reached $37 742.
Huobi BTC prognosis for the next days:
We estimate the price of Huobi BTC to be $24 479 tomorrow 2023-02-09 and $23 320 on 2023-02-15;
We estimate the market capitalization of Huobi BTC to reach $210 376 306 tomorrow 2023-02-09 and $209 731 760 on 2023-02-11;
We estimate the volatility of Huobi BTC to become 2.52% tomorrow 2023-02-09 and 2.13% on 2023-02-11;
We estimate the trading volume of Huobi BTC to amount to $36 082 tomorrow 2023-02-09 and $33 005 on 2023-02-11.
Our recommendation for the pair HBTC/USD for tomorrow, 2023-02-09, to hold.
Buyers weakened their grip on the Huobi BTC market (February 1 - February 7) as the price rose only by 3%.
Huobi BTC has been bullish last week as its price has been predominantly rising. HBTC has been going through a period of low volatility, which fell in line with the occurred price changes. No rise or fall was observed in the market capitalization of the coin during the period under review. No growth or loss has been observed in trading volume on the crypto coin's market.
The torpid Huobi BTC had its price rise only by 1% last week (January 24 - January 30).
Between January 24 - January 30, Huobi BTC has been mostly bullish as its price has been in the rising mode. HBTC has been going through a period of low 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 price action of the crypto coin from last week stemmed from the increasing trading volume.
Market review from January 20 to January 26 : Huobi BTC gets a 7% price appreciation.
Huobi BTC has been bullish last week as its price has been predominantly rising. HBTC was caught in a period of medium volatility, which was reflected in its price action. The asset saw its market capitalization growing over the reviewed period together with its price. The past week’s price movement of the crypto coin was accompanied by the growing trading volume on the corresponding market.
The bulls muster more strength as Huobi BTC rises by 11% from January 18 to January 24.
The upward movement of the Huobi BTC price last week indicates the chosen market is bullish. The situation on the HBTC market shows that the underlying asset is currently experiencing a period of medium volatility. The asset saw its market capitalization growing over the reviewed period together with its price. The trading volume on the crypto coin's market has been increasing throughout the reviewed period along with its price.
Buyers kept pushing the Huobi BTC market to the upside between January 17 and January 23 as the price increased by 7%.
The price of Huobi BTC was rising last from January 17 until January 23, giving enough reason to conclude that the market is bullish. The volatility associated with the HBTC market was medium, as were its price fluctuations. The price action of the coin has been accompanied by the increased market capitalization of the said digital asset. The price action of the crypto coin last week took place on the back of increased trading volume.
A 8% price increase last week (January 16 - January 22) confirms the bullishness of Huobi BTC.
Huobi BTC has been bullish last week as its price has been predominantly rising. The price swings of HBTC pointed to the presence of medium volatility. The asset saw its market capitalization growing over the reviewed period together with its price. The trading volume on the crypto coin's market has been increasing throughout the reviewed period along with its price.
The bulls muster more strength as Huobi BTC rises by 12% from January 15 to January 21.
Huobi BTC has been bullish last week as its price has been predominantly rising. The volatility associated with the HBTC market was medium, as were its price fluctuations. Last week’s market conditions reflected on the market capitalization of the asset, which was rising. There has been a growth in trading volume on the crypto coin's market in conjunction with the price movement.
January 14 - January 20 price action recap: Huobi BTC sees a weak 3% gain as the buyers take a step back.
Huobi BTC has been bullish last week as its price has been predominantly rising. The situation on the HBTC market shows that the underlying asset is currently experiencing a period of medium volatility. 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.
The bullish pressure subsides between January 3 and January 9 as Huobi BTC gains only 4%.
The upward movement of the Huobi BTC price last week indicates the chosen market is bullish. HBTC has been going through a period of low volatility, which fell in line with the occurred price changes. There has been a rise 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 growing trading volume on the corresponding market.
A 6% price increase last week (January 2 - January 8) confirms the bullishness of Huobi BTC.
The price of Huobi BTC was rising last from January 2 until January 8, giving enough reason to conclude that the market is bullish. The volatility associated with the HBTC market was low, as were its price fluctuations. The asset saw its market capitalization growing over the reviewed period together with its price. The trading volume on the crypto coin's market has been increasing throughout the reviewed period along with its price.