Area of Interest
Although this week Bitcoin has tested the 10k mark twice we are currently at a safety spot, yet this is not a comfort level. A break lower will signify a lack of dominance and bears may look to punch their weight down more heavily. With price sitting on the outer downward channel upper trend line a break below, although still in the upper tier, adds weakness to the sentiment. If bulls can push price to the levels of 9600 and hold into the weekly open would give confidence into the new week.
📈Support & Resistance📉*
Support Levels
1st Support Zone: 8970.5
2nd Support Zone: 8441.6
3rd Support Zone: 8159.3
Resistance Levels:
1st Resistance Zone: 9567.4
2nd Resistance Zone: 9987.7
3rd Resistance Zone: 10434.0
Price Level Consideration
Approximate Days Until Halving: 1373 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: 8629.2
Weekly Open: 8721.5
Current Price Zone: ACCUMULATION ZONE
Bitcoin to Date
Daily
Current Price: $9353.7 USD
Daily Change %: -3.62%
Market Cap: $172,223,807,298.76 USD
24 Hour Volume: $48,211,209,379 USD
Population of the World: ~7,784,750,000+ humans
Today’s Bitcoin Total / World Population: ~ 0.002360804778573 Satoshi’s / $22.08 USD per person
Overall
Approximate Bitcoin in Circulation: 18,378,275 BTC
Approximate Bitcoin Mined Last 24hr: ~ 900 BTC
Approximate Bitcoin Left to Mine: 2,621,725 BTC
Road to 21,000,000 Bitcoin Mined: 87.52%
Current Bitcoin Dominance: 68.02%
Biggest Bitcoin Transaction of the Day**
1.🚨6,000 Bitcoin ($56,917,409 USD) transferred from Coinbase ➡️ Unknown Wallet
2.🚨2,119 Bitcoin ($20,047.732 USD) transferred from Binance ➡️ Unknown Wallet
3. 🚨2,000 Bitcoin ($19,284,173 USD) transferred from Coinbase ➡️ Unknown Wallet
Largest Cryptocurrency Transaction Today:
🚨🚨6,000 Bitcoin ($56,917,409 USD) transferred from Coinbase ➡️ Unknown Wallet🚨🚨
Gold***: $1,742.33 USD -$2.13 -0.12%
Silver***: $16.62 USD -0.02 -0.13%
——————————————————————————————————
*📈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.
Although this week Bitcoin has tested the 10k mark twice we are currently at a safety spot, yet this is not a comfort level. A break lower will signify a lack of dominance and bears may look to punch their weight down more heavily. With price sitting on the outer downward channel upper trend line a break below, although still in the upper tier, adds weakness to the sentiment. If bulls can push price to the levels of 9600 and hold into the weekly open would give confidence into the new week.
📈Support & Resistance📉*
Support Levels
1st Support Zone: 8970.5
2nd Support Zone: 8441.6
3rd Support Zone: 8159.3
Resistance Levels:
1st Resistance Zone: 9567.4
2nd Resistance Zone: 9987.7
3rd Resistance Zone: 10434.0
Price Level Consideration
Approximate Days Until Halving: 1373 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: 8629.2
Weekly Open: 8721.5
Current Price Zone: ACCUMULATION ZONE
Bitcoin to Date
Daily
Current Price: $9353.7 USD
Daily Change %: -3.62%
Market Cap: $172,223,807,298.76 USD
24 Hour Volume: $48,211,209,379 USD
Population of the World: ~7,784,750,000+ humans
Today’s Bitcoin Total / World Population: ~ 0.002360804778573 Satoshi’s / $22.08 USD per person
Overall
Approximate Bitcoin in Circulation: 18,378,275 BTC
Approximate Bitcoin Mined Last 24hr: ~ 900 BTC
Approximate Bitcoin Left to Mine: 2,621,725 BTC
Road to 21,000,000 Bitcoin Mined: 87.52%
Current Bitcoin Dominance: 68.02%
Biggest Bitcoin Transaction of the Day**
1.🚨6,000 Bitcoin ($56,917,409 USD) transferred from Coinbase ➡️ Unknown Wallet
2.🚨2,119 Bitcoin ($20,047.732 USD) transferred from Binance ➡️ Unknown Wallet
3. 🚨2,000 Bitcoin ($19,284,173 USD) transferred from Coinbase ➡️ Unknown Wallet
Largest Cryptocurrency Transaction Today:
🚨🚨6,000 Bitcoin ($56,917,409 USD) transferred from Coinbase ➡️ Unknown Wallet🚨🚨
Gold***: $1,742.33 USD -$2.13 -0.12%
Silver***: $16.62 USD -0.02 -0.13%
——————————————————————————————————
*📈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.
