I’m Losing It Bitcoin - Dribble Continues Into Weekend

17 thg 7, 2020

DRIBBLE DRIBBLE DRIBBLE All this sideways action with a drop in volume has seen P Action open at the 9150 mark. This last week into the weekend has seen bitcoin trickle downwards just above the next consolidation zone to the south. Resistance from above is still sitting there with this downward channel continuing to hold P action within. The ATH trend line is well and truly in play under the 10k zone and that perch off the downward channel upper trend line will be the next major support if this market falls victim top the bears. Let the weekend play… Need a bib with all this dribble.



Happy Trading have a Marvellous Weekend and keep safe.

Bitcoin to Date
Daily
Current Price: $9149.9 USD
Daily Change %: -0.65%
Market Cap: $168,547,075,775.00 USD
24 Hour Volume: $15,678,318,183 USD
Population of the World: ~7,798,526,900+ humans
Today’s Bitcoin Total / World Population: ~ 0.002363875926362 Satoshi’s / $21.62 USD per person

Overall
Approximate Bitcoin in Circulation: 18,434,750 BTC
Approximate Bitcoin Mined Last 24hr: ~ 900 BTC
Approximate Bitcoin Left to Mine: 2,565,250 BTC
Road to 21,000,000 Bitcoin Mined: 87.78%

Current Bitcoin Dominance: 64.28%


📈Support & Resistance📉*
Support Levels
1st Support Zone: 8963.6
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: 1391 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: 9171.5
Weekly Open: 9320.6



Current Price Zone: ACCUMULATION ZONE



Biggest Bitcoin Transaction of the Day**
1. 🚨1,220 BTC ($11,270,347 USD) transferred from Coinbase ➡️ Unknown wallet 🚨

2. 🚨3,500 BTC ($32,382,992 USD) transferred from Unknown wallet ➡️ Xapo 🚨
3. 🚨2,000 BTC ($18,613,810 USD) transferred from Xapo ➡️ Binance 🚨
Largest Cryptocurrency Transaction Today:
🚨 🚨20,000,000 USDT ($19,974,400 USD) transferred from Tether Treasury ➡️ Huobi 🚨 🚨

Gold***: $1,798.51 USD +0.73 +0.04%
Silver***: $27.49 USD +0.00 +0.01%

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*📈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: I’m Losing It - Fisher