LandenInternational

Bitcoin Weekly Structure Currently Sitting @ $10,000:

BITFINEX:BTCUSD   Bitcoin
Bitcoin ‘GOLD 2.0’ Overview: Weekly/Daily candle opening very close to the 10k mark is showing strength to the bulls here, however they need to push and break and STAY above it. The more price rejects to the downside the weaker they become. Looking at the structure on the weekly chart this week has to have strength to hold this up trend in place. We’d like to see price fill the wick of the previous candles into the double to thats formed. Price may break to the downside and close around 9500, if this is to happen then we’ll confirm this down trend, a break of last weeks low wold signal the bears are in control. Around this mark of 10k the market needs to decide which way it wishes to go, sideways could transpire.

Support Levels:
9500 is support

Resistance Levels: 10000 turns back into the Resistance area

ARROW of Interest (marked with the yellow arrow) All eyes are on current price action to were it is going to push, we will let the market decide here and sit and watch,

🐃Bulls Verse Bears🐻
Bullish above 10500
Bearish below 6500

Bitcoin to Date:
Overall
Approximate Bitcoin Dominance: 62.6%
Approximate Bitcoin in Circulation: 18,233,950 BTC
Approximate Bitcoin Left to Mine: 2,766,050 BTC
Road to 21,000,000 Bitcoin Mined: 86.83%
Approximate Days Until Halving: 77-78Days

Daily

Current Price: $10000 USD
Daily Change %:+0.25%
Market Cap: $182,339,500,000.00 USD
24 Hour Volume: $41,142,270,334 USD
Population of the World: ~ 7,766,467,260+ humans
Bitcoin/World Population: ~ 0.002347779162594 Satoshi’s / $23.47 USD per person

Trading Quote
“All you need is one pattern to make a living.” – Linda Raschke

GOLD: $1,661.91 USD +17.31 +1.05% Gold has risen $17.34 USD within the day.
Comment:
If we close around here on the daily, bears could be confirming a down trend

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.