40 BTC Moved From Possible Satoshi Wallet Market Down*

BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
Inner Perspective ( Daily Chart )
Bulls keep getting punished from their attack to 10k and this time a significant drop transpired more quickly to 9295’s. 6 hours ago 40 BTC was moved from a possible Satoshi owned wallet which is causing a stir, alas most will forget about this flection by the weekend and it will be imbedded in the history of the charts. See below for more detail of trading action

Area of Interest
The good news for strength, Bitcoin is hovering above the outer downward channel still and poised within the inner upward channel. This zone is getting a bit tedious with price action floating up and down with what looks like its struggle to punch through the ATH half way point and the whole number of 10k. A retrace from the possible reaction to 40 BTC satoshi move will see price open lower on the daily than its open. Bitcoin with the current dynamics is getting more space to move in the polygon depicted. Will keep an eye on P action through out the day if Bulls can’t gain some traction they are opening themselves up for more down side, especially if bears break the 9200 area. Must hold within this $800 range for a hope of posing the 10k mark within the week / by weekend.

Biggest Transaction story of the day:
🚨40 Bitcoin ($391,055 USD) transferred from possible SATOSHI owned wallet (dormant since 2009) to unknown wallet 🚨

These coins in this transaction were mined in the first month of Bitcoins existence.

📈Support & Resistance📉*
Support Levels
1st Support Zone: 9526.5
2nd Support Zone: 9115.9
3rd Support Zone: 8596.5

Resistance Levels:
1st Resistance Zone: 10013.6
2nd Resistance Zone: 10469.5
3rd Resistance Zone: 10974.1

Price Level Consideration
Approximate Days Until Halving: 1371 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: 9667.4


Bitcoin to Date
Current Price: $9546.8 USD
Daily Change %: -2.28%
Market Cap: $175,729,639,480.51 USD
24 Hour Volume: $36,414,841,876 USD
Population of the World: ~7,785,800,000+ humans
Today’s Bitcoin Total / World Population: ~ 0.002360950448252 Satoshi’s / $22.53 USD per person

Approximate Bitcoin in Circulation: 18,381,888 BTC
Approximate Bitcoin Mined Last 24hr: ~ 900 BTC
Approximate Bitcoin Left to Mine: 2,618,113 BTC
Road to 21,000,000 Bitcoin Mined: 87.53%
Current Bitcoin Dominance: 67.93%


Todays charting:
Touch of upward channel & Retrace...
Little bit sticky...
Still dribbling......
So funny, people panic because of less than 400k moved.
@BigNodes, agree, we humans are definitely an interesting species... whether its gossip over someones holding in their crypto bank account or media latches on for a clickbait article. However interesting to see the dust move on this wallet.
+1 Reply
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