Bitcoin ‘GOLD 2.0’ Overview: As of yesterday the same remains… just closer to the apex at present: Bitcoin is currently within 3 channels with price condensing and currently settling around the 6800 mark. We have a triangle apex scenario at play and if there isn’t any big moves we may see bitcoin move into the apex around 7000. 7400 is the next major resistance to contend with and this would coincide with the middle of the larger downward channel snd the trend line from the price action since February. A test back to 6400 is possible and if price breaks we’d look to see price follow the lower trend line form the inner downward channel.
Overall world economics are at play and this market will move if Trump/USA says anything significant. /with over 30days until the Bitcoin hailing this countdown is also ticking with positioning,
Support Levels: 6400 is Support
Resistance Levels: Next major horizontal resistance is 7400.
Point of Interest: This week we could Apex again. Until a break of the top or bottom of that we’ll watch price trickle awards that area.
🐃Bulls Verse Bears🐻
Bullish above 10500
Bearish below 6500
Bitcoin to Date:
Overall
Approximate Bitcoin Dominance: 65.2%
Approximate Bitcoin in Circulation: 18,307,875 BTC
Approximate Bitcoin Left to Mine: 2,692,125 BTC
Road to 21,000,000 Bitcoin Mined: 87.18%
Approximate Days Until Halving: 36-38 Days
Daily
Current Price: $6946.5 USD
Daily Change %: +2.45%
Market Cap: $126,857,096,662.50 USD
24 Hour Volume: $32,523,527,808 USD
Population of the World: ~7,775,867,298+ humans
Bitcoin/World Population: ~ 0.002354447973245 Satoshi’s / $16.35 USD per person
“PayPal had these goals of creating a new currency. We failed at that, and we just created a new payment system. I think Bitcoin has succeeded on the level of a new currency, but the payment system is somewhat lacking. It’s very hard to use, and that’s the big challenge on the Bitcoin side.” - Peter Thiel
GOLD: $1618.54 USD -15.16 -0.91% Gold has fallen $14 USD within the day.
Biggest Bitcoin Transactions of the Day
🚨 3,542 Bitcoin ($24,076,792 USD) transferred from Unknown Wallet ➡️ RenrenBit
Overall world economics are at play and this market will move if Trump/USA says anything significant. /with over 30days until the Bitcoin hailing this countdown is also ticking with positioning,
Support Levels: 6400 is Support
Resistance Levels: Next major horizontal resistance is 7400.
Point of Interest: This week we could Apex again. Until a break of the top or bottom of that we’ll watch price trickle awards that area.
🐃Bulls Verse Bears🐻
Bullish above 10500
Bearish below 6500
Bitcoin to Date:
Overall
Approximate Bitcoin Dominance: 65.2%
Approximate Bitcoin in Circulation: 18,307,875 BTC
Approximate Bitcoin Left to Mine: 2,692,125 BTC
Road to 21,000,000 Bitcoin Mined: 87.18%
Approximate Days Until Halving: 36-38 Days
Daily
Current Price: $6946.5 USD
Daily Change %: +2.45%
Market Cap: $126,857,096,662.50 USD
24 Hour Volume: $32,523,527,808 USD
Population of the World: ~7,775,867,298+ humans
Bitcoin/World Population: ~ 0.002354447973245 Satoshi’s / $16.35 USD per person
“PayPal had these goals of creating a new currency. We failed at that, and we just created a new payment system. I think Bitcoin has succeeded on the level of a new currency, but the payment system is somewhat lacking. It’s very hard to use, and that’s the big challenge on the Bitcoin side.” - Peter Thiel
GOLD: $1618.54 USD -15.16 -0.91% Gold has fallen $14 USD within the day.
Biggest Bitcoin Transactions of the Day
🚨 3,542 Bitcoin ($24,076,792 USD) transferred from Unknown Wallet ➡️ RenrenBit
