LandenInternational

ATH Trend Line Sticky Into Weekend

BITFINEX:BTCUSD   Bitcoin
Looking on the Daily overview into the weekend we sit pretty at 11028 price level. What a week to see Bitcoin stay present at this level and not retrace ‘violently’ (also to watch the trolls and perceived ‘experts’ come out and have a told you so flex). Going into the new week a break above the New ATH Trend line could see a run to 12k and if theres a break above 12350 then we might be in for a show to test 2019’s high. There’s a lot of zones below 10k and thus a break down back to this level could see the bears push in with extreme vigour.

At present my personal sentiment is although we are in a bullish zone we’re not out of the woods yet from the lurking bears.


Happy Trading, Be safe, Lock in Profits

Bitcoin to Date
Daily
Current Price: $11024.0 USD
Daily Change %: -0.22%
Market Cap: $204,338,526,700.00 USD
24 Hour Volume: $24,569,758,812 USD
Population of the World: ~7,801,661,610+ humans
Today’s Bitcoin Total / World Population: ~ 0.002364509116411 Satoshi’s / $26.06 USD per person

Overall
Approximate Bitcoin in Circulation: 18,447,100 BTC
Approximate Bitcoin Mined Last 24hr: ~ 900 BTC
Approximate Bitcoin Left to Mine: 2,552,900 BTC
Road to 21,000,000 Bitcoin Mined: 87.84%

Current Bitcoin Dominance: 63.63%

📈Support & Resistance📉*
Support Levels
1st Support Zone: 10942.2
2nd Support Zone: 10420.0
3rd Support Zone: 9998.0

Resistance Levels:
1st Resistance Zone: 11686.8
2nd Resistance Zone: 12190.4
3rd Resistance Zone: 12958.5


Price Level Consideration
Approximate Days Until Halving: 1378 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: 9171.5
Weekly Open: 9949.8


Current Price Zone: ACCUMULATION ZONE

Biggest Bitcoin Transaction of the Day**
1. 🚨1,800 BTC ($19,970,615 USD) transferred from XAPO ➡️ Unknown wallet 🚨
2. 🚨1,380 BTC ($15,165,442 USD) transferred from Coinbase ➡️ Unknown wallet 🚨
3. 🚨1,237 BTC ($13,702,844 USD) transferred from Binance ➡️ Unknown wallet 🚨

Gold***: $1,960.75 USD +3.67 +0.04%
Silver***: $24.25 USD -0.11 -0.45%

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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: Bloody Beetroots

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