Bitcoin ‘GOLD 2.0’ Overview: Structurally if bulls wish to take control and push this market up they’ll have to push past the mid point of the overall downward channel above the price point of 7250 and contend with the resistance at 7400. Yesterday although breaking above 7000 we’ve been in a $150 price range and open to day has not seen much action so far. If a dove below the weekly open at 6910.5 the this market is still bearish. For straight need to see a break of the high at 7400 with a close to confirm an upward bias. Overall its still a down trend until Bitcoin breaks the 9000 zone.
Support Levels: 6400 is Support
Resistance Levels: Next major horizontal resistance is 7400/ Also mid point of the downward channel
Point of Interest: Still watching price above the HIGHLIGHTED inner downward channel upper trend line.
🐃Bulls Verse Bears 🐻
Bullish above 10500
Bearish below 6500
Bitcoin to Date:
Overall
Approximate Bitcoin Dominance: 64%
Approximate Bitcoin in Circulation: 18,331,275 BTC
Approximate Bitcoin Left to Mine: 2,668,725 BTC
Road to 21,000,000 Bitcoin Mined: 87.29%
Approximate Days Until Halving: 23-25 Days
Daily
Current Price: $7112 USD
Daily Change %: +0.94%
Market Cap: $130,476,516,067.50 USD
24 Hour Volume: $31,868,196,305 USD
Population of the World: ~7,778,546,770+ humans
Bitcoin/World Population: ~ 0.002356645211764 Satoshi’s / $16.76 per person
“You might think of Bitcoin and blockchain as two halves of a whole, but in reality, they are very distinct commodities.”
― Olawale Daniel
GOLD: $1694.97 USD -25.43 -1.48% Gold has fallen $25 USD within the day.
Biggest Bitcoin Transactions of the Day
🚨 2,500 Bitcoin ($17,625,458 USD) transferred from Unknown Wallet ➡️ Bitstamp
Support Levels: 6400 is Support
Resistance Levels: Next major horizontal resistance is 7400/ Also mid point of the downward channel
Point of Interest: Still watching price above the HIGHLIGHTED inner downward channel upper trend line.
🐃Bulls Verse Bears 🐻
Bullish above 10500
Bearish below 6500
Bitcoin to Date:
Overall
Approximate Bitcoin Dominance: 64%
Approximate Bitcoin in Circulation: 18,331,275 BTC
Approximate Bitcoin Left to Mine: 2,668,725 BTC
Road to 21,000,000 Bitcoin Mined: 87.29%
Approximate Days Until Halving: 23-25 Days
Daily
Current Price: $7112 USD
Daily Change %: +0.94%
Market Cap: $130,476,516,067.50 USD
24 Hour Volume: $31,868,196,305 USD
Population of the World: ~7,778,546,770+ humans
Bitcoin/World Population: ~ 0.002356645211764 Satoshi’s / $16.76 per person
“You might think of Bitcoin and blockchain as two halves of a whole, but in reality, they are very distinct commodities.”
― Olawale Daniel
GOLD: $1694.97 USD -25.43 -1.48% Gold has fallen $25 USD within the day.
Biggest Bitcoin Transactions of the Day
🚨 2,500 Bitcoin ($17,625,458 USD) transferred from Unknown Wallet ➡️ Bitstamp
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.