Bitcoin Bounce Or Drop? Our Take:
Bitcoin ‘GOLD 2.0’ Overview: Well here we go with a retrace to the 9900 levels. We can see the upwards channel holding on the open of todays daily candle. The support at 10k has turned into resistance. 9500 is the next major support. A break further down will break the structure of the upward channel that’s formed, however if we bounce from here it shows strength to the up side. Yesterdays candle is very solid to the down side dropping over $400. We will await todays price action to present the weeks overview.
Support Levels: 9500 is the next major support
Resistance Levels: 10000 is the big whole number and magnet zone price needs to push through again.
Channel of Interest (marked with the yellow channel box) Channel is ‘still’ holding at present. Todays price action will be interesting to watch. We still have the rejected double top.
🐃Bulls Verse Bears🐻
Bullish above 10500
Bearish below 6500
Bitcoin to Date:
Overall
Approximate Bitcoin Dominance: 62%
Approximate Bitcoin in Circulation: 18,219,450 BTC
Approximate Bitcoin Left to Mine: 2,780,550 BTC
Road to 21,000,000 Bitcoin Mined: 86.76%
Approximate Days Until Halving: 85-87 Days
Daily
Current Price: $9896 USD
Daily Change %: -1.23%
Market Cap: $180,390,774,450.00 USD
24 Hour Volume: $43,560,000,000 USD
Population of the World: ~ 7,764,686,000+ humans
Bitcoin/World Population: ~ 0.002346450326517 Satoshi’s / $23.22 USD per person
Trading Quote
‘If you personalize losses, you can't trade.’ - Bruce Kovner
GOLD: $1,583.89 USD +1.19 +0.08% Gold has risen $1 USD within the day.
Support Levels: 9500 is the next major support
Resistance Levels: 10000 is the big whole number and magnet zone price needs to push through again.
Channel of Interest (marked with the yellow channel box) Channel is ‘still’ holding at present. Todays price action will be interesting to watch. We still have the rejected double top.
🐃Bulls Verse Bears🐻
Bullish above 10500
Bearish below 6500
Bitcoin to Date:
Overall
Approximate Bitcoin Dominance: 62%
Approximate Bitcoin in Circulation: 18,219,450 BTC
Approximate Bitcoin Left to Mine: 2,780,550 BTC
Road to 21,000,000 Bitcoin Mined: 86.76%
Approximate Days Until Halving: 85-87 Days
Daily
Current Price: $9896 USD
Daily Change %: -1.23%
Market Cap: $180,390,774,450.00 USD
24 Hour Volume: $43,560,000,000 USD
Population of the World: ~ 7,764,686,000+ humans
Bitcoin/World Population: ~ 0.002346450326517 Satoshi’s / $23.22 USD per person
Trading Quote
‘If you personalize losses, you can't trade.’ - Bruce Kovner
GOLD: $1,583.89 USD +1.19 +0.08% Gold has risen $1 USD within the day.
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