Bitcoin ‘GOLD 2.0’ Overview: 6400 support in the zone. After yesterdays open near the inner downward channel bears took control pushing downwards to the 6600 mark. We see open at this point and drop currently at 6500 pushing past the low we spoke about in yesterdays write up. From here this market could retest the upper channel trend line , however 6400 support looks more likely. A break of this and we will go to the mid point of the downward channel and overall the market is back being Bearish
Support Levels: 6400 is Support
Resistance Levels: Next major horizontal resistance is 7400/ Also mid point of the downward channel
Point of Interest: If we get a break above the inner downward channel price may flicker between it and the mid point of the larger downward channel.
🐃Bulls Verse Bears 🐻
Bullish above 10500
Bearish below 6500
Bitcoin to Date:
Overall
Approximate Bitcoin Dominance: 64.1%
Approximate Bitcoin in Circulation: 18,327,325 BTC
Approximate Bitcoin Left to Mine: 2,672,675 BTC
Road to 21,000,000 Bitcoin Mined: 87.27%
Approximate Days Until Halving: 24-26 Days
Daily
Current Price: $6551 USD
Daily Change %: -1.29%%
Market Cap: $120,205,259,210.00 USD
24 Hour Volume: $32,410,704,431 USD
Population of the World: ~7,778,047,464+ humans
Bitcoin/World Population: ~ 0.002356288655325 Satoshi’s / $15.43 per person
“Beware of trading quotes.” – Andreas Clenow
GOLD: $1719.05 USD -8.15 -0.47% Gold has fallen $8 USD within the day.
Biggest Bitcoin Transactions of the Day
🚨 3,000 Bitcoin ($20,265,362 USD) transferred from Unknown Wallet ➡️ Binance
Support Levels: 6400 is Support
Resistance Levels: Next major horizontal resistance is 7400/ Also mid point of the downward channel
Point of Interest: If we get a break above the inner downward channel price may flicker between it and the mid point of the larger downward channel.
🐃Bulls Verse Bears 🐻
Bullish above 10500
Bearish below 6500
Bitcoin to Date:
Overall
Approximate Bitcoin Dominance: 64.1%
Approximate Bitcoin in Circulation: 18,327,325 BTC
Approximate Bitcoin Left to Mine: 2,672,675 BTC
Road to 21,000,000 Bitcoin Mined: 87.27%
Approximate Days Until Halving: 24-26 Days
Daily
Current Price: $6551 USD
Daily Change %: -1.29%%
Market Cap: $120,205,259,210.00 USD
24 Hour Volume: $32,410,704,431 USD
Population of the World: ~7,778,047,464+ humans
Bitcoin/World Population: ~ 0.002356288655325 Satoshi’s / $15.43 per person
“Beware of trading quotes.” – Andreas Clenow
GOLD: $1719.05 USD -8.15 -0.47% Gold has fallen $8 USD within the day.
Biggest Bitcoin Transactions of the Day
🚨 3,000 Bitcoin ($20,265,362 USD) transferred from Unknown Wallet ➡️ Binance
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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.
Related publications
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.