P action has taken a downward move to the inner upper channel’s bottom line / TL and deciding to re-establish a move to the upper, or stumble for a break lower over the weekend.
In Bulls favour: Broken above the outer downward channel:
Back within the inner upward channel:
Still remains the same: The most important POWER PLAY is that Bitcoin needs to Push with a lot of momentum into and through 10k. Breach above = use as support. We’ve seen it be rejected numerous times. To reiterate its imperative the this push makes a point of ‘we are here now’. Will watch the close of the month and anticipate what the close of Q2 brings
Happy Trading
Bitcoin to Date Daily Current Price: $9,406.0 USD Daily Change %: -1.91% Market Cap: $172,874,283,925.00 USD 24 Hour Volume: $34,134,509,668 USD Population of the World: ~7,787,823,400+ humans Today’s Bitcoin Total / World Population: ~ 0.002361240625975 Satoshi’s / $22.20 USD per person
Overall Approximate Bitcoin in Circulation: 18,388,925 BTC Approximate Bitcoin Mined Last 24hr: ~ 900 BTC Approximate Bitcoin Left to Mine: 2,611,075 BTC Road to 21,000,000 Bitcoin Mined: 87.57% Current Bitcoin Dominance: 67.18%
📈Support & Resistance📉* Support Levels 1st Support Zone: 9176.9 2nd Support Zone: 8767.1 3rd Support Zone: 8413.8
Price Level Consideration Approximate Days Until Halving: 1442 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.
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