One Week Until Close Of Q2, Will We See 10k Suck Up...

P action is taking a breather at the upper realms of previous consolidation. Evident that if the bulls want to push volume needs to behind them (currently 17,002,716,930 of yuk..) grouping together more than previous attempts to the upper regions to bust 10k and beyond.

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Only 7 Days until Q2 comes to fruition with the halfway point being hit for the year. P action is currently at a positive for the last 6 months however, and obviously, coming into the next 6 months positioning above the 10k zone gives more support to a 20k and up, Christmas spot price. Order book will have more bears sitting presenting if/when price rises. Right now, this moment, a little bit stagnant.

Will overview more in-depth when price moves, previous posts depict my overview of current structure. Check it.

Happy Trading :)

Bitcoin to Date
Daily
Current Price: $9639.6 USD
Daily Change %: -0.12%
Market Cap: $177,131,858,326.43 USD
24 Hour Volume: $17,002,716,930 USD
Population of the World: ~7,793,400,050+ humans
Today’s Bitcoin Total / World Population: ~ 0.002362628106073 Satoshi’s / $22.77 USD per person

Overall
Approximate Bitcoin in Circulation: 18,412,906 BTC
Approximate Bitcoin Mined Last 24hr: ~ 900 BTC
Approximate Bitcoin Left to Mine: 2,587,094 BTC
Road to 21,000,000 Bitcoin Mined: 87.68%

Current Bitcoin Dominance: 65.99%

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📈Support & Resistance📉*
Support Levels
1st Support Zone: 9170.7
2nd Support Zone: 8666.7
3rd Support Zone: 7840.4

Resistance Levels:
1st Resistance Zone: 9889.2
2nd Resistance Zone: 10285.8
3rd Resistance Zone: 10781.2

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Price Level Consideration
Approximate Days Until Halving: 1416 Days (Pending Timezone / Blocks Mined)
All Time High Half Way Point: 9942.5
Prominent High: 13767.4
Prominent Low: 3994.1

🐃 Bulls Verse Bears 🐻
🐃 Bullish Above: 10485.8
🐻 Bearish Below: 6474.1

Monthly & Weekly Opens
Monthly Open: 9447.2
Weekly Open: 9297.8

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Current Price Zone: ACCUMULATION ZONE
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Biggest Bitcoin Transaction of the Day**
1. 🚨5,864 BTC ($56,059,350 USD) transferred from Binance ➡️ Unknown wallet 🚨
2. 🚨5,000 BTC ($47,796,981 USD) transferred from Binance ➡️ Unknown wallet 🚨
3. 🚨4,000 BTC ($38,630,683 USD) transferred from OKEx ➡️ Binance🚨

Largest Cryptocurrency Transaction Today:
🚨 🚨5,864 BTC ($56,059,350 USD) transferred from Binance ➡️ Unknown wallet 🚨 🚨

Gold***: $1,770.90 USD +1.05 +0.06%
Silver***: $18.01 USD +0.03 +0.19%

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*📈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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