P action closing -6.44% lower at Fridays open. Below price action finds Bitcoin going to have to come up with a lot of enforcers to push the bulls back through this to battle 10k. If bears hold position and push a little to the perch of the downward channel this could see a further drop over the weekends trading when other markets have closed. P action doesn’t want to get into the previous consolidation suck. ATH Trend Line creeping lower with each daily print, when gets under 10k a bigger zone of contention.
Happy Trading :)
Bitcoin to Date Daily Current Price: $9263.5 USD Daily Change %: -6.44% Market Cap: $170,897,980,950.00 USD 24 Hour Volume: $30,150,252,165 USD Population of the World: ~7,790,730,000+ humans Today’s Bitcoin Total / World Population: ~ 0.002362018706848 Satoshi’s / $21.88 USD per person
Overall Approximate Bitcoin in Circulation: 18,401,850 BTC Approximate Bitcoin Mined Last 24hr: ~ 900 BTC Approximate Bitcoin Left to Mine: 2,598,150 BTC Road to 21,000,000 Bitcoin Mined: 87.62%
Current Bitcoin Dominance: 66.37%
📈Support & Resistance📉* Support Levels 1st Support Zone: 9170.7 2nd Support Zone: 8666.7 3rd Support Zone: 7840.4
Price Level Consideration Approximate Days Until Halving: 1428 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
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.