Bitcoin
Short

Bitcoin: Bearish Pressure Into The Weekend

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Bitcoin ‘GOLD 2.0’ Overview: Price broke the 8650 Support which now acts as resistance coming into the weekend. Let’s remember that we might see less volatility and volume due to Chinese new year starting on the 25th. We could see price trial down and consolidate between 8100-8200 for the weekend whilst other traders digest what’s occurring.

Support Levels: $7900 now shows an area of solid support to protect the bulls from a bearish onslaught with a consolidation zone @ 8100-8200 region

Resistance Levels: the Support *650 now becomes overhead resistance for buyers to try and penetrate.

Circle/s of Interest: Todays Circle of interest as marked y the yellow circle will be the close of the daily candle into Saturday. If we close lower the a downward trend line could reforming and more heavier price action or dribble sideways could occur.

Bitcoin to Date:
Overall
Approximate Bitcoin Dominance: 66.3%
Approximate Bitcoin in Circulation: 18,178,163 BTC
Approximate Bitcoin Left to Mine: 2,821,838
Road to 21,000,000 Bitcoin Mined: 86.56%
Approximate Days Until Halving: 109 Days

Daily
Current Price: $8319.5 USD
Daily Change %: -1.00%
Market Cap: $151,227,769,470.00 USD
Population of the World: ~ 7,759,591,760+ humans
Bitcoin/World Population: ~ 0.002342670022115 Satoshi’s / $19.49 USD per person

Gold: $1,561.85 USD -$2.75 -0.19% Gold has fallen over $2 USD within the day.

Biggest Bitcoin Transactions of the Day
🐋1,568 BITCOIN ($13,219,141 USD) transferred from Binance to unknown wallet
🐋5,000 BITCOIN ($42,299,196 USD) transferred from unknown wallet to Poloniex
🐋854 BITCOIN ($7,367,502 USD) transferred from Coinbase to unknown wallet

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