Bitcoin Pushed Back, Steady But Not Comfortable
P action has seen a -3.4% drop over the last 24 hours with volume increasing by a billion, the latter of volume is good as more participants or value is established and thus means the market was pushed harder by bears regardless of a price settle. 11 of the last 14 daily candles have printed in their price region of open meaning price likes this stable point yet makes the dynamics look more heavy overall. It is clear that Bitcoin can’t gather the troops to push harder into the 9800 through to 10k zone and this was a repeated failure at present.
Resistance from other write ups above still remains true. With support being what to look at to save this market from dropping further. Depicted is the trundling and also the region of the perch from the downward channel upper trend line. Awaiting a continuation on a bias here however the structure has created lower highs from the 1st of June.
Happy Trading :)
Bitcoin to Date
Daily
Current Price: $9292.6 USD
Daily Change %: -3.43%
Market Cap: $171,008,902,556.25 USD
24 Hour Volume: $18,988,348,956 USD
Population of the World: ~7,793,635,300+ humans
Today’s Bitcoin Total / World Population: ~ 0.002362670729537 Satoshi’s / $21.95 USD per person
Overall
Approximate Bitcoin in Circulation: 18,413,794 BTC
Approximate Bitcoin Mined Last 24hr: ~ 900 BTC
Approximate Bitcoin Left to Mine: 2,586,206 BTC
Road to 21,000,000 Bitcoin Mined: 87.68%
Current Bitcoin Dominance: 65.80%
📈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
Price Level Consideration
Approximate Days Until Halving: 1415 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
Current Price Zone: ACCUMULATION ZONE
Biggest Bitcoin Transaction of the Day**
1. 🚨3,542 BTC ($33,127,436 USD) transferred from RenrenBit ➡️ Unknown wallet 🚨
2. 🚨2,323 BTC ($21,702,139 USD) transferred from RenrenBit ➡️ Unknown wallet 🚨
3. 🚨1,500 BTC ($13,851,647 USD) transferred from Binance ➡️ Unknown wallet 🚨
Largest Cryptocurrency Transaction Today:
🚨 🚨789,533 ETH ($190,050,469 USD) transferred from Unknown wallet ➡️ Unknown wallet 🚨 🚨
Gold***: $1,762.52 USD -0.51 -0.03%
Silver***: $17.55 USD +0.02 +0.11%
——————————————————————————————————
*📈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: Deadmau5
Resistance from other write ups above still remains true. With support being what to look at to save this market from dropping further. Depicted is the trundling and also the region of the perch from the downward channel upper trend line. Awaiting a continuation on a bias here however the structure has created lower highs from the 1st of June.
Happy Trading :)
Bitcoin to Date
Daily
Current Price: $9292.6 USD
Daily Change %: -3.43%
Market Cap: $171,008,902,556.25 USD
24 Hour Volume: $18,988,348,956 USD
Population of the World: ~7,793,635,300+ humans
Today’s Bitcoin Total / World Population: ~ 0.002362670729537 Satoshi’s / $21.95 USD per person
Overall
Approximate Bitcoin in Circulation: 18,413,794 BTC
Approximate Bitcoin Mined Last 24hr: ~ 900 BTC
Approximate Bitcoin Left to Mine: 2,586,206 BTC
Road to 21,000,000 Bitcoin Mined: 87.68%
Current Bitcoin Dominance: 65.80%
📈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
Price Level Consideration
Approximate Days Until Halving: 1415 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
Current Price Zone: ACCUMULATION ZONE
Biggest Bitcoin Transaction of the Day**
1. 🚨3,542 BTC ($33,127,436 USD) transferred from RenrenBit ➡️ Unknown wallet 🚨
2. 🚨2,323 BTC ($21,702,139 USD) transferred from RenrenBit ➡️ Unknown wallet 🚨
3. 🚨1,500 BTC ($13,851,647 USD) transferred from Binance ➡️ Unknown wallet 🚨
Largest Cryptocurrency Transaction Today:
🚨 🚨789,533 ETH ($190,050,469 USD) transferred from Unknown wallet ➡️ Unknown wallet 🚨 🚨
Gold***: $1,762.52 USD -0.51 -0.03%
Silver***: $17.55 USD +0.02 +0.11%
——————————————————————————————————
*📈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: Deadmau5
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