LandenInternational

Bitcoin Zoned Around 9k

BITFINEX:BTCUSD   Bitcoin
Q2 finalised and done in 2 days, new candle print on the monthly will signal the start of the next 6 months to wrap up 2020.,,, Yeh, let that sink in; The year of worldwide craziness. Bitcoin P action at present looks to close the 6 month journey from Jan in the positive. Focus is on P action flickering around this zone highlighted below.


The resistance levels from prior writings are still very much in play, so have a read for a more detailed view in chart link below write up. The above title shot on the 4hours depicts the zone of price at present now, and the net of support below. The Perch is of major interest if price slithers on down, a break back into that downward channel doesn’t spell defeat, yet not conducive to the bulls having power. Bears still licking lips...

Happy Trading :)

Bitcoin to Date
Daily
Current Price: $9129.6 USD
Daily Change %: +1.12%
Market Cap: $167,849,614,080.00 USD
24 Hour Volume: $14,496,463,697 USD
Population of the World: ~7,794,521,320+ humans
Today’s Bitcoin Total / World Population: ~ 0.002362876082299 Satoshi’s / $21.57 USD per person

Overall
Approximate Bitcoin in Circulation: 18,417,488 BTC
Approximate Bitcoin Mined Last 24hr: ~ 900 BTC
Approximate Bitcoin Left to Mine: 2,582,513 BTC
Road to 21,000,000 Bitcoin Mined: 87.70%

Current Bitcoin Dominance: 66.28%

📈Support & Resistance📉*
Support Levels
1st Support Zone: 8963.6
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: 1411 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: 9128.6


Current Price Zone: ACCUMULATION ZONE

Gold***: $1,771.34 USD +1.12 +0.06%
Silver***: $17.82 USD +0.03 +0.15%

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*📈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

Trading Playlist: Timbaland

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