LandenInternational

Q2 Approaches Its Close; However 10k P Action Dribbling Lower

BITFINEX:BTCUSD   Bitcoin
9 days to go to the monthly close being end of Q2 and halfway through 2020. Looking to be a slightly positive 6 month push considering the drop to 4k in March has seen the journey back up to 10k to currently stall.


For the week we start the open candle print below the consolidation and as written last week ethics market with volume dropping also is in value. That APEX is insight with P action drilling closures towards it with each candle print.

Resistance write up last week remains intact and also the perch below with the trend line above may act like a trapeze net if the market falls with a slight bounce before further downside. Bears are just watching the bulls resting the shade of the trees it seems.

Happy Trading :)

Bitcoin to Date
Daily
Current Price: $9297.8 USD
Daily Change %: -0.78%
Market Cap: $171,334,839,752.50 USD
24 Hour Volume: $15,278,878,016 USD
Population of the World: ~7,792,958,300+ humans
Today’s Bitcoin Total / World Population: ~ 0.002362520661762 Satoshi’s / $21.96 USD per person

Overall
Approximate Bitcoin in Circulation: 18,411,025 BTC
Approximate Bitcoin Mined Last 24hr: ~ 900 BTC
Approximate Bitcoin Left to Mine: 2,588,975 BTC
Road to 21,000,000 Bitcoin Mined: 87.67%

Current Bitcoin Dominance: 66.17%


📈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: 1418 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: 9297.8


Current Price Zone: ACCUMULATION ZONE

Biggest Bitcoin Transaction of the Day**
1. 🚨1,083 BTC ($10,176,271 USD) transferred from Coinbase ➡️ Unknown wallet 🚨

Largest Cryptocurrency Transaction Today:
🚨 🚨100.001 ETH ($22,812,824 USD) transferred from Unknown wallet ➡️ Unknown wallet 🚨 🚨

Gold***: $1,747.54 USD +5.74 +0.33%
Silver***: $17.75 USD +0.16 +0.91%

——————————————————————————————————
*📈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

Playlist: Third Row Tesla - Episode 18 - Kimbal Musk - Tesla, SpaceX, Big Green.

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