LandenInternational

Bitcoin Slither To Potential 10k Suck & APEX

BITFINEX:BTCUSD   Bitcoin
P action has painted some bullish action with a hasty push down and up in yesterdays trading. We open currently around 9900. Bulls want to keep this action away from the below consolidation yet we know sellers are rife with orders above with a big sell wall at present.

Today we’ll enjoy the battle until a move pops further…


Focusing on the blue trend line to hold into the apex of 10k. A break below may see a suck into the consolidation zone with the bears having too much hold over the upper values. If a pop above 10k watch for a stall incoming with the ATH trend line slithering down, a break above this and hold until tomorrows open will be a lot of fresh air to move around in, but until that time we watch the battle. keeping the inner upward channel as a pop may regain a price zone to consider.

Happy Trading :)

Bitcoin to Date
Daily
Current Price: $9877.7 USD
Daily Change %: +1.08%
Market Cap: $182,074,988,343.75 USD
24 Hour Volume: $25,685,975,044 USD
Population of the World: ~7,790,510,000+ humans
Today’s Bitcoin Total / World Population: ~ 0.002361938563714 Satoshi’s / $23.33 USD per person

Overall
Approximate Bitcoin in Circulation: 18,400,706 BTC
Approximate Bitcoin Mined Last 24hr: ~ 900 BTC
Approximate Bitcoin Left to Mine: 2,599,294 BTC
Road to 21,000,000 Bitcoin Mined: 87.62%

Current Bitcoin Dominance: 66.14%


📈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: 1429 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: 9749.5



Current Price Zone: ACCUMULATION ZONE

Biggest Bitcoin Transaction of the Day**
1. 🚨1,600 BTC ($15,812,758 USD) transferred from Binance ➡️ Unknown wallet 🚨
2. 🚨1,600 BTC ($15,517,074 USD) transferred from Binance ➡️ Unknown wallet 🚨

Largest Cryptocurrency Transaction Today:
🚨🚨197,000,000 XRP ($39,630,723 USD) transferred from Unknown wallet ➡️ Unknown wallet 🚨🚨

Gold***: $1,736.22 USD -0.99 -0.06%
Silver***: $17.99 USD -0.12 -0.64%

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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

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