Bitcoin ‘GOLD 2.0’ Overview: Last weeks Weekly candle opened and closed practically at the same point. Yesterdays open has shown a lot of strength now battling the 6400 resistance zone to stay on top. 3 weeks ago saw the down move to the bottom of the downward channel and a test of the lower trend line, in current weeks although we’ve danced around this level we’ve had 2 positive weeks. Currently we are sitting in the bottom 1/4 off the downward channel and the midway point of 7000 could be a target. Market still looks heavy to the downside overall and with current economic powers at play another run to the downside might be predicted. We are still waiting for break of the high at 7000 or the previous low at 5600.
Support Levels: 6100 is Support
Resistance Levels: 6400 is Resistance still until a close happens above it
Point of Interest: Once again higher high or break the low, that’s what we are watching.
🐃Bulls Verse Bears🐻
Bullish above 10500
Bearish below 6500
Bitcoin to Date:
Overall
Approximate Bitcoin Dominance: 65.8%
Approximate Bitcoin in Circulation: 18,295,938 BTC
Approximate Bitcoin Left to Mine: 2,704,063 BTC
Road to 21,000,000 Bitcoin Mined: 87.12%
Approximate Days Until Halving: 42-45 Days
Daily
Current Price: $6439 USD
Daily Change %: 9.28%
Market Cap: $118,374,715,625.00 USD
24 Hour Volume: $37,873,080,128 USD
Population of the World: ~7,774,476,900+ humans
Bitcoin/World Population: ~ 0.002353333637148 Satoshi’s / $15.15 USD per person
Trading Quote
A peak performance trader is totally committed to being the best and doing whatever it takes to be the best. He feels totally responsible for whatever happens and thus can learn from mistakes. These people typically have a working business plan for trading because they treat trading as a business.
-Van K Tharp
GOLD: $1615.25 USD -6.75 -0.42% Gold has fallen $6 USD within the day.
Biggest Bitcoin Transactions of the Day
🚨 1,930 Bitcoin ($12,126,598 USD) transferred from Coinbase ➡️ Unknown Wallet
Support Levels: 6100 is Support
Resistance Levels: 6400 is Resistance still until a close happens above it
Point of Interest: Once again higher high or break the low, that’s what we are watching.
🐃Bulls Verse Bears🐻
Bullish above 10500
Bearish below 6500
Bitcoin to Date:
Overall
Approximate Bitcoin Dominance: 65.8%
Approximate Bitcoin in Circulation: 18,295,938 BTC
Approximate Bitcoin Left to Mine: 2,704,063 BTC
Road to 21,000,000 Bitcoin Mined: 87.12%
Approximate Days Until Halving: 42-45 Days
Daily
Current Price: $6439 USD
Daily Change %: 9.28%
Market Cap: $118,374,715,625.00 USD
24 Hour Volume: $37,873,080,128 USD
Population of the World: ~7,774,476,900+ humans
Bitcoin/World Population: ~ 0.002353333637148 Satoshi’s / $15.15 USD per person
Trading Quote
A peak performance trader is totally committed to being the best and doing whatever it takes to be the best. He feels totally responsible for whatever happens and thus can learn from mistakes. These people typically have a working business plan for trading because they treat trading as a business.
-Van K Tharp
GOLD: $1615.25 USD -6.75 -0.42% Gold has fallen $6 USD within the day.
Biggest Bitcoin Transactions of the Day
🚨 1,930 Bitcoin ($12,126,598 USD) transferred from Coinbase ➡️ Unknown Wallet
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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.