Bitcoin ‘GOLD 2.0’ Overview: Price is back at the 9400 zone after dropping from a high of 9500 region over the last couple of days trading. After this weeks run up a breather is acceptable and we are happy to see it finding support here and not dropping like a rock. This shows more strength to stay still and with around ~100 days ‘until bitcoin becomes more scarce’ with the halving it will become increasing interesting to see these market dynamics play-out. Currently we are waiting for price to dictate whether it’ll push up more. Our focus is between the upper trend channel and the trend line from the high in June 2019 to the top of yesterdays candle. Denoted by the orange triangle we’ll need to see what price action does in area in the 48hours over the weekend.
Support Levels: 9400 is support which price is sticking too. Below we see the next at 9150
Resistance Levels: 9800 is the next major resistance
Triangle of Interest (marked with the orange triangle): Today, Our eyes are watching price action within the triangle. We need to watch price over the next 24 hours in this zone and possibly the next couple of days. We’d like to see a bounce above this for bulls strength, however a drop back between 9150 and this sticky spot could also transpire.
Bulls Verse Bears
Bullish above 10500
Bearish below 6500
Bitcoin to Date:
Overall
Approximate Bitcoin Dominance: 66.1%
Approximate Bitcoin in Circulation: 18,192,950 BTC
Approximate Bitcoin Left to Mine: 2,807,050 BTC
Road to 21,000,000 Bitcoin Mined: 86.63%
Approximate Days Until Halving: 96 - 101 Days
Daily
Current Price: $9403.0 USD
Daily Change %: +0.38%
Market Cap: $170,609,283,743 USD
24 Hour Volume: $29,227,757,270 USD
Population of the World: ~ 7,761,352,800+ humans
Bitcoin/World Population: ~ 0.002344043682694 Satoshi’s / $22.04 USD per person
GOLD: $1,589.40 USD +6.50 +0.41% Gold has risen over $6.5 USD within the day.
Biggest Bitcoin Transactions of the Day
🐋 750 BITCOIN ($7,019,124 USD) transferred from unknown wallet ➡️ Binance
Support Levels: 9400 is support which price is sticking too. Below we see the next at 9150
Resistance Levels: 9800 is the next major resistance
Triangle of Interest (marked with the orange triangle): Today, Our eyes are watching price action within the triangle. We need to watch price over the next 24 hours in this zone and possibly the next couple of days. We’d like to see a bounce above this for bulls strength, however a drop back between 9150 and this sticky spot could also transpire.
Bulls Verse Bears
Bullish above 10500
Bearish below 6500
Bitcoin to Date:
Overall
Approximate Bitcoin Dominance: 66.1%
Approximate Bitcoin in Circulation: 18,192,950 BTC
Approximate Bitcoin Left to Mine: 2,807,050 BTC
Road to 21,000,000 Bitcoin Mined: 86.63%
Approximate Days Until Halving: 96 - 101 Days
Daily
Current Price: $9403.0 USD
Daily Change %: +0.38%
Market Cap: $170,609,283,743 USD
24 Hour Volume: $29,227,757,270 USD
Population of the World: ~ 7,761,352,800+ humans
Bitcoin/World Population: ~ 0.002344043682694 Satoshi’s / $22.04 USD per person
GOLD: $1,589.40 USD +6.50 +0.41% Gold has risen over $6.5 USD within the day.
Biggest Bitcoin Transactions of the Day
🐋 750 BITCOIN ($7,019,124 USD) transferred from unknown wallet ➡️ Binance
Note
🐋 49,852 Bitcoin ($466,458,607 USD) transferred from unknown wallet to unknown wallet
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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.
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.