Bitcoin ‘GOLD 2.0’ Overview: For four days Bitcoin has spent time in the trading zone of 8400- 8980. For now we are holding within this triangle. Over the last week market looks heavy so you have to ask the question?: continuation to the down side with what's transpiring around the world with coronavirus or BTC is going to say nope, don’t care and bulls will push it back up. With the focus a week ago on the formation of the downward channel that still remains and then price breaking to the lower side and now dribbling the week to follow will confirm the bias. Eyes are also on the timing of the bitcoin halving.
Support Levels: 8400 is Support
Resistance Levels: 9100 turns back into the Resistance area
Channel of Interest (marked with the yellow rectangle) The channel is broken to the downside, we will be leaving this here as now the base line acts as a trend line for price to use as resistance. If price moves back within this channel the pressure is still down until the top has been broken through by price. Also As stated above we are watching price action within the Orange Triangle.
🐃Bulls Verse Bears🐻
Bullish above 10500
Bearish below 6500
Bitcoin to Date:
Overall
Approximate Bitcoin Dominance: 63.8%
Approximate Bitcoin in Circulation: 18,245,138 BTC
Approximate Bitcoin Left to Mine: 2,754,863 BTC
Road to 21,000,000 Bitcoin Mined: 86.88%
Approximate Days Until Halving: 72-73 Days
Daily
Current Price: $8679 USD
Daily Change %: +1.37%
Market Cap: $158,448,072,105.00 USD
24 Hour Volume: $36,387,469,295 USD
Population of the World: ~7,767,833,800+ humans
Bitcoin/World Population: ~ 0.002348806433011 Satoshi’s / $20.38 USD per person
Trading Quote
“Every Professional Trader knows that you have to absolutely have a personal life that’s simple and a trading life that mirrors your personal life and vice versa.” - Anton Kreil
GOLD: $1,586.45 USD +22.36% +1.43% Gold has risen $22 USD within the day.
Biggest Bitcoin Transactions of the Day
🐋 605 Bitcoin ($5,279,662 USD) transferred from Binance ➡️ unknown wallet
Support Levels: 8400 is Support
Resistance Levels: 9100 turns back into the Resistance area
Channel of Interest (marked with the yellow rectangle) The channel is broken to the downside, we will be leaving this here as now the base line acts as a trend line for price to use as resistance. If price moves back within this channel the pressure is still down until the top has been broken through by price. Also As stated above we are watching price action within the Orange Triangle.
🐃Bulls Verse Bears🐻
Bullish above 10500
Bearish below 6500
Bitcoin to Date:
Overall
Approximate Bitcoin Dominance: 63.8%
Approximate Bitcoin in Circulation: 18,245,138 BTC
Approximate Bitcoin Left to Mine: 2,754,863 BTC
Road to 21,000,000 Bitcoin Mined: 86.88%
Approximate Days Until Halving: 72-73 Days
Daily
Current Price: $8679 USD
Daily Change %: +1.37%
Market Cap: $158,448,072,105.00 USD
24 Hour Volume: $36,387,469,295 USD
Population of the World: ~7,767,833,800+ humans
Bitcoin/World Population: ~ 0.002348806433011 Satoshi’s / $20.38 USD per person
Trading Quote
“Every Professional Trader knows that you have to absolutely have a personal life that’s simple and a trading life that mirrors your personal life and vice versa.” - Anton Kreil
GOLD: $1,586.45 USD +22.36% +1.43% Gold has risen $22 USD within the day.
Biggest Bitcoin Transactions of the Day
🐋 605 Bitcoin ($5,279,662 USD) transferred from Binance ➡️ unknown wallet
