Bitcoin Trickle Volume Low Low Low

13 thg 7, 2020

Well P action has seen a 7 daily candle print in the same price range…With consolidation now below and above this 9300 price mark. Will this week see strength with bulls pushing up to break the swing high at 9750 or will this market simply trickle down and potentially break that 8850 area... Note the ATH trend line that has tipped itself under the 10000 area and will now work as more resistance for the fight above. Until a decent move with a Break of certain areas the previous write ups remain the same. After some substance.



Happy Trading

Bitcoin to Date
Daily
Current Price: $9308.6 USD
Daily Change %: +0.51%
Market Cap: $171,334,072,706.66 USD
24 Hour Volume: $14,251,207,711 USD
Population of the World: ~7,797,654,516+ humans
Today’s Bitcoin Total / World Population: ~ 0.002363685126365 Satoshi’s / $22.00 USD per person

Overall
Approximate Bitcoin in Circulation: 18,431,200 BTC
Approximate Bitcoin Mined Last 24hr: ~ 900 BTC
Approximate Bitcoin Left to Mine: 2,568,800 BTC
Road to 21,000,000 Bitcoin Mined: 87.77%

Current Bitcoin Dominance: 63.81%


📈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: 1395 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


Gold***: $1,803.06 USD +4.34 +0.24%
Silver***: $18.84 USD +0.13 +0.70%

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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: David Guetta