12 days to go to the monthly close which is also the end of Q2. That’s right traders, we will be halfway through this year. Feels like 2020 has been 4 years in one already.

Moving to the charts, BTC P action has trickled under consolidation with the print of two bearish candles however sticking around the consolidation zone. Really low volume again if this persists then that trickle will continue to act APEX or price will fall lower.

The candles at present are telling the narrative that bulls aren’t willing to even attempted to test the resistance zones above, see previous write up for overview there. Bears sitting licking lips still with there claws ready to come out.


Happy Trading :)

Bitcoin to Date
Daily
Current Price: $9373.0 USD
Daily Change %: -0.29%
Market Cap: $173,285,338,391.25 USD
24 Hour Volume: $17,781,755,239 USD
Population of the World: ~7,792,297,300+ humans
Today’s Bitcoin Total / World Population: ~ 0.002362380218732 Satoshi’s / $22.14 USD per person

Overall
Approximate Bitcoin in Circulation: 18,408,369 BTC
Approximate Bitcoin Mined Last 24hr: ~ 900 BTC
Approximate Bitcoin Left to Mine: 2,591,631 BTC
Road to 21,000,000 Bitcoin Mined: 87.66%

Current Bitcoin Dominance: 66.13%


📈Support & Resistance📉*
Support Levels
1st Support Zone: 9170.7
2nd Support Zone: 8666.7
3rd Support Zone: 7840.4

Resistance Levels:
1st Resistance Zone: 9889.2
2nd Resistance Zone: 10285.8
3rd Resistance Zone: 10781.2


Price Level Consideration
Approximate Days Until Halving: 1421 Days (Pending Timezone / Blocks Mined)
All Time High Half Way Point: 9942.5
Prominent High: 13767.4
Prominent Low: 3994.1

🐃 Bulls Verse Bears 🐻
🐃 Bullish Above: 10485.8
🐻 Bearish Below: 6474.1

Monthly & Weekly Opens
Monthly Open: 9447.2
Weekly Open: 9349.8


Current Price Zone: ACCUMULATION ZONE

Biggest Bitcoin Transaction of the Day**
1. 🚨3,100 BTC ($29,142,903 USD) transferred from Bitfinex ➡️ Unknown wallet 🚨
2. 🚨2,252 BTC ($21,174,379 USD) transferred from Binance ➡️ Unknown wallet 🚨
3. 🚨2,000 BTC ($18,592,072 USD) transferred from OKEx ➡️ Binance🚨

Largest Cryptocurrency Transaction Today:
🚨 🚨3,100 BTC ($29,142,903 USD) transferred from Bitfinex ➡️ Unknown wallet 🚨 🚨

Gold***: $1,723.86 USD +1.24 +0.07%
Silver***: $17.42 USD +0.03 +0.20%

——————————————————————————————————
*📈Support & Resistance📉: These are typically zones & not exact price levels depicted by the lines. Keep in mind that price may respect and repeatedly touch several times on smaller time frames.
**What you won’t see on exchanges: This is purely to reference that traders watching the charts are neglecting the ‘Transaction Sentiment’ of large (🐳 WHALE) transactions from wallet to wallet and OTC execution send transactions (new/old wallets). TIP: The amount/s transferred daily tells a story of flow to potential market dynamics that may transpire.
*** Personally I HODL Gold/Crypto over having a majority of Fiat currency 💸. Previously before trading crypto in 2015, Gold was one of my main charts thus I look at the price regularly comparative to Bitcoin.


Created & published by Des Landen
Landen International

Playlist: Cypress Hill

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