If price is to stay at these levels the ATH will slowly close into the market. Note it’s already been tested last week to retrace all of the gained P action territory.
A push out of this consolidation is key or the bears will be lurking to push further down. It’s still early in the month so a drop may recharge the batteries to push midway through to close a high. Early days but we're watching an escape from this consolidation.
Happy Trading :)
Bitcoin to Date
Current Price: $9,718.7 USD
Daily Change %: +0.52%
Market Cap: $178,530,965,121.65 USD
24 Hour Volume: $23,981,476,842 USD
Population of the World: ~7,789,822,200+ humans
Today’s Bitcoin Total / World Population: ~ 0.002361746844492 Satoshi’s / $22.95 USD per person
Approximate Bitcoin in Circulation: 18,397,588 BTC
Approximate Bitcoin Mined Last 24hr: ~ 900 BTC
Approximate Bitcoin Left to Mine: 2,602,413 BTC
Road to 21,000,000 Bitcoin Mined: 87.61%
Current Bitcoin Dominance: 66.00%
📈Support & Resistance📉*
1st Support Zone: 9170.7
2nd Support Zone: 8666.7
3rd Support Zone: 7840.4
1st Resistance Zone: 9889.2
2nd Resistance Zone: 10285.8
3rd Resistance Zone: 10781.2
Price Level Consideration
Approximate Days Until Halving: 1433 Days (Pending Timezone / Blocks Mined)
All Time High Half Way Point: 9942.5
Prominent High: 13767.4
Prominent Low: 3994.1
🐃 Bulls Verse Bears 🐻
🐃 Above: 10485.8
🐻 Below: 6474.1
Monthly & Weekly Opens
Monthly Open: 9447.2
Weekly Open: 9447.2 (will change at open)
Current Price Zone: ACCUMULATION ZONE
Gold***: $1,683.86 USD -0.85 -0.05%
Silver***: $17.42 USD +0.00 +0.00%
*📈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 Landen