Bitcoin Mid Point, Open, Touch, Rest, But Is It A Settle...;
Bitcoin ‘GOLD 2.0’ Overview: Bulls broke out of the $150 trading range to push and open at 7200 area, bang on the downward channel midpoint as discussed in previous posts. We’d love to see Bitcoin punch up above the 7400 resistance level from this mid point to assist projection to the north. At 7400 a double top will form so its imperative for the buyers to blast through this region otherwise more trading will happen between 6400 - 7400. Overall coming into the halving this is good to see. For strength what WE DON'T want to see is price not break 7400 and meander around this midpoint for the next couple of weeks. Tomorrow's weekly close/open needs to close higher than this weeks.
Support Levels: 6400 is Support
Resistance Levels: Next major horizontal resistance is 7400/ Also mid point of the downward channel
Point of Interest: Watching price along the Mid point of the downward channel as price has respected it on more than 8 occasions consecutively .
🐃Bulls Verse Bears 🐻
Bullish above 10500
Bearish below 6500
Bitcoin to Date:
Overall
Approximate Bitcoin Dominance: 63.4%
Approximate Bitcoin in Circulation: 18,332,838 BTC
Approximate Bitcoin Left to Mine: 2,667,163 BTC
Road to 21,000,000 Bitcoin Mined: 87.30%
Approximate Days Until Halving: 23-25 Days
Daily
Current Price: $7238 USD
Daily Change %:-0.42%
Market Cap: $130,476,516,067.50 USD
24 Hour Volume: $32,586,150,110 USD
Population of the World: ~7,778,720,000+ humans
Bitcoin/World Population: ~ 0.002356793662711 Satoshi’s / 17.05per person
“Every trader has strengths and weakness. Some are good holders of winners, but may hold their losers a little too long. Others may cut their winners a little short, but are quick to take their losses. As long as you stick to your own style, you get the good and bad in your own approach.” - Michael Marcus
GOLD: $1684.75 USD -30 -1.75% Gold has fallen $30 USD within the day.
Biggest Bitcoin Transactions of the Day
🚨 1,010 Bitcoin ($7,158,047 USD) transferred from Unknown Wallet ➡️ Bitstamp
Support Levels: 6400 is Support
Resistance Levels: Next major horizontal resistance is 7400/ Also mid point of the downward channel
Point of Interest: Watching price along the Mid point of the downward channel as price has respected it on more than 8 occasions consecutively .
🐃Bulls Verse Bears 🐻
Bullish above 10500
Bearish below 6500
Bitcoin to Date:
Overall
Approximate Bitcoin Dominance: 63.4%
Approximate Bitcoin in Circulation: 18,332,838 BTC
Approximate Bitcoin Left to Mine: 2,667,163 BTC
Road to 21,000,000 Bitcoin Mined: 87.30%
Approximate Days Until Halving: 23-25 Days
Daily
Current Price: $7238 USD
Daily Change %:-0.42%
Market Cap: $130,476,516,067.50 USD
24 Hour Volume: $32,586,150,110 USD
Population of the World: ~7,778,720,000+ humans
Bitcoin/World Population: ~ 0.002356793662711 Satoshi’s / 17.05per person
“Every trader has strengths and weakness. Some are good holders of winners, but may hold their losers a little too long. Others may cut their winners a little short, but are quick to take their losses. As long as you stick to your own style, you get the good and bad in your own approach.” - Michael Marcus
GOLD: $1684.75 USD -30 -1.75% Gold has fallen $30 USD within the day.
Biggest Bitcoin Transactions of the Day
🚨 1,010 Bitcoin ($7,158,047 USD) transferred from Unknown Wallet ➡️ Bitstamp
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