The clock is ticking to the end of the first 6 months of 2020. P action to close positive from Jan open. Denoted is simply the price zone I’m watching play out and bounce around within. That ATH trend line is now looming applying pressure to other traders profit targets and also stops. P action is trickling along with volume staying under 20 bill on the daily. Any steam the bulls have need to counteract this and drop numbers to push up.
Resistance remains the same and still watching the catch zone of the perch below. There’s more support zones below (see the Support & Resistance pic below) and of course as time prints more candles the perch decreases in price. For strength P action needs to break above the swing high at 9780,,, good luck…
Happy Trading :)
Bitcoin to Date Daily Current Price: $9194.4 USD Daily Change %: +0.76% Market Cap: $169,255,599,628.13 USD 24 Hour Volume: $16,453,877,195 USD Population of the World: ~7,794,742,400+ humans Today’s Bitcoin Total / World Population: ~ 0.002362876082299 Satoshi’s / $21.57 USD per person
Overall Approximate Bitcoin in Circulation: 18,418,369 BTC Approximate Bitcoin Mined Last 24hr: ~ 900 BTC Approximate Bitcoin Left to Mine: 2,581,631 BTC Road to 21,000,000 Bitcoin Mined: 87.71%
Current Bitcoin Dominance: 66.29%
📈Support & Resistance📉* Support Levels 1st Support Zone: 8963.6 2nd Support Zone: 8666.7 3rd Support Zone: 7840.4
Price Level Consideration Approximate Days Until Halving: 1410 Days (Pending Timezone / Blocks Mined) All Time High Half Way Point: 9942.5 Prominent High: 13767.4 Prominent Low: 3994.1
—————————————————————————————————— *📈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
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