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Bears Break Upward Channel Testing 9500 🐻

BITFINEX:BTCUSD   Bitcoin
Bitcoin ‘GOLD 2.0’ Overview: At he open of todays candle we see bitcoin has broken to the down side through the upper channel showing weakness dribbling its way to our support at 9500 and retracing. If Bitcoin breaks further to the low side below 9500 the strength of this move could diminish. We will leave the upper channel on the charts as price can rise and find a zone within it as we know bitcoin can be a volatile beast.

Support Levels: 9500 is the next major support that has been tested one in the last 24hours.

Resistance Levels: 10000 is the big whole number and magnet zone price needs to push through again.

Channel of Interest (marked with the yellow channel box) We will leave the channel intact as price could gain strength and find it self in the upper channel zone still. We will wait 24hours and see what the market confirms.

🐃Bulls Verse Bears🐻
Bullish above 10500
Bearish below 6500

Bitcoin to Date:
Overall
Approximate Bitcoin Dominance: 62.3%
Approximate Bitcoin in Circulation: 18,221,325 BTC
Approximate Bitcoin Left to Mine: 2,778,675 BTC
Road to 21,000,000 Bitcoin Mined: 86.77%
Approximate Days Until Halving: 83-85 Days

Daily
Current Price: $9721 USD
Daily Change %: -0.12%
Market Cap: $180,573,330,750.00 USD
24 Hour Volume: $46,007,204,730 USD
Population of the World: ~ 7,765,127,900+ humans
Bitcoin/World Population: ~ 0.002346558258236 Satoshi’s / $22.81 USD per person

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GOLD: $1,584.92 USD +2.21 +0.14% Gold has risen $2 USD within the day.

Biggest Bitcoin Transactions of the Day
🚨1,544 Bitcoin ($15,203,617 USD) transferred from Binance ➡️ OKEx

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