Bitcoin At Consolidation ATH Trend Line Looming Closer

Bitcoin P action tipped above the consolidation zone at open but still better totting. For strength P action needs to look to the left and fill the wicks and penetrate 10k. A subtle Trend line play (in blue) awaiting price action to dictate a move. Sentiment feels bullish with this slight push up yet a break back into consolidation and a pop below may suck to the perch level of the downward channel. P action to prove itself from the consolidation suck.

snapshot

Happy Trading :)

Bitcoin to Date
Daily
Current Price: $9852.0 USD
Daily Change %: +0.62%
Market Cap: $180,018,015,008.33 USD
24 Hour Volume: $21,486,346,312 USD
Population of the World: ~7,790,067,395+ humans
Today’s Bitcoin Total / World Population: ~ 0.002361813713166 Satoshi’s / $23.21 USD per person

Overall
Approximate Bitcoin in Circulation: 18,398,688 BTC
Approximate Bitcoin Mined Last 24hr: ~ 900 BTC
Approximate Bitcoin Left to Mine: 2,601,313 BTC
Road to 21,000,000 Bitcoin Mined: 87.61%

Current Bitcoin Dominance: 66.03%

snapshot

📈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

snapshot

Price Level Consideration
Approximate Days Until Halving: 1432 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: 9752.0

snapshot

Current Price Zone: ACCUMULATION ZONE
snapshot

Biggest Bitcoin Transaction of the Day**
1. 🚨20,000 BTC ($194,318,184 USD) transferred from Unknown wallet ➡️ Unknown wallet 🚨
2. 🚨5,970 BTC ($58,006,136 USD) transferred from Coinbase ➡️ Unknown wallet 🚨
3. 🚨3,600 BTC ($34,866,951USD) transferred from Binance ➡️ Unknown wallet 🚨

Largest Cryptocurrency Transaction Today:
🚨🚨20,000 BTC ($194,318,184 USD) transferred from Unknown wallet ➡️ Unknown wallet 🚨🚨

Gold***: $1,697.57 USD -1.30 -0.08%
Silver***: $17.72 USD -0.03 -0.15%

——————————————————————————————————
*📈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
Beyond Technical AnalysisBitcoin (Cryptocurrency)BTCBTCUSDcryptoCryptocurrencyTechnical AnalysisTrend AnalysisTrend Lines

Also on: