Bitcoin Pausing Whilst PM's Gold & Silver Run

Currently P action is sitting at the upward channel midpoint deciding to contend the ATH trend line for a pop to a new high. With traditional markets closing over the weekend Bitcoin has a chance to pop here and claim new group. However watch out for the consolidation zone below which may act as a stable place of price rest.

snapshot

For the Next 48 hours will watch volume play out and the order book fill in a direction


Happy Trading


Bitcoin to Date
Daily
Current Price: $11783 USD
Daily Change %: +0.89%
Market Cap: $217,935,465,937.50 USD
24 Hour Volume: $23,208,718,593 USD
Population of the World: ~7,803,213,032+ humans
Today’s Bitcoin Total / World Population: ~ 0.002364855210837 Satoshi’s / $27.86 USD per person

Overall
Approximate Bitcoin in Circulation: 18,453,469 BTC
Approximate Bitcoin Mined Last 24hr: ~ 900 BTC
Approximate Bitcoin Left to Mine: 2,546,531 BTC
Road to 21,000,000 Bitcoin Mined: 87.87%

Current Bitcoin Dominance: 62.43%
snapshot

📈Support & Resistance📉*
Support Levels
1st Support Zone: 10942.2
2nd Support Zone: 10420.0
3rd Support Zone: 9998.0

Resistance Levels:
1st Resistance Zone: 11976.9
2nd Resistance Zone: 12190.4
3rd Resistance Zone: 12958.5

snapshot

Price Level Consideration
Approximate Days Until Halving: 1371 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: 11330.9
Weekly Open: 11076.4

snapshot

Current Price Zone: ACCUMULATION ZONE
snapshot

Biggest Bitcoin Transaction of the Day**
1. 🚨92,857 BTC ($1,092,603,630 USD) transferred from Unknown wallet ➡️ Unknown wallet 🚨
2. 🚨4,187 BTC ($49,234,381 USD) transferred from Binance ➡️ Unknown wallet 🚨
3. 🚨2,000 BTC ($23,605,611 USD) transferred from Unknown wallet ➡️ Bitstamp 🚨

Largest Cryptocurrency Transaction Today:
🚨 🚨92,857 BTC ($1,092,603,630 USD) transferred from Unknown wallet ➡️ Unknown wallet 🚨
🚨

Gold***: $2,068.63 USD -1.43 -0.07%
Silver***: $29.70 USD +0.33 +1.11%

——————————————————————————————————
*📈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

Trading Playlist: Avicii
Beyond Technical AnalysisBitcoin (Cryptocurrency)BTCBTCUSDcryptoCryptocurrencyTechnical AnalysisTrend AnalysisTrend Lines

Also on:

Related publications

Disclaimer