Trittium — Weekly Report #108

September 13 to September 20

3 min readSep 20, 2020

1.- WHAT DID THE MARKET DO?

The market received around 5,000 USD million this week. Not a significant change (+1.44%). The volume is much lower than seven days ago. Not a good signal in a bull market.

About the Bitcoin price, we also have an ugly option… perhaps we are going to the $9,600 area. In such a case, the bull market could be over for now.

About the Bitcoin dominance, as expected, it grew to 62%, and now it stands around 60,76%, 1.30 points higher than seven days ago. 62% is strong resistance, but a big Bitcoin movement could destroy it.

MASTERNODES MARKET

Dash capitalization is now around 699 USD Million, $56 million lower than seven days ago (-7.41%).

The Dash dominance went down a bit, to 41.31%, not too much difference.

The total masternode market capitalization went down to 1,693 USD million. (-6.04%.).

If we check today’s data, we have:

Masternodes total market capitalization: 1,693 million. (-6.04%).

Masternodes market excluding $Dash: 994 million. (-5.06%)

About Trittium market capitalization, we are now at 452,689 USD
(+8.92%).

With 207,869 nodes running, we have around 3,000 more nodes than seven days ago.

2. WHAT DID TRITTIUM DO?

This was the order book on Sept 13:

And this is today, September 20:

In summary:

The average trade price is the same, at around 30 sats.
The buy orders book is a bit higher, with 0.13 BTC in buying orders.
The sell orders book is smaller, with 484,787 Trtt for sale.
We have now 39,450,000 TRTT (30,52%) coins locked, 1,000,000 less than seven days ago.