Bitcoin ‘GOLD 2.0’ Overview
The daily candle has closed positive with a push and retrace into the 9100 region. Price could test 9200 again as market by the orange circle above price action. If the Bulls can’t penetrate this then Bears may beat them down to the 8900 area. Bears will want to fill the wick from Mondays candle and if price is pushed this far the next support area is the 3/4 line zone of the downward channel.
Outer Perspective
The downward channel still places current price in a down trend. A break of the halfway point (All time high price halved) at 9942.5 and a break above 10500 will confirm this if price holds and continues north.
Inner Perspective
The inner upward channel has shown price to be dominant and have momentum since the 13th of March. Still awaiting price action to break 9200 into the triangle.
Point of Interest
Remains the same - Is Bitcoin going to break 9200 today, that’s our point of interest presently and if price moves above 9200 we’ve marked a triangle where price will beat its head along the downward channels upper trend line.. Note that price on the 30th April tested this and fell back to 8300.
Support & Resistance
Support Levels
1st Zone: 8000
2nd Zone: 7400
Resistance Levels:
1st Zone: 9200
2nd Zone: 9530
🐃Bulls Verse Bears 🐻
Bullish above 10500
Bearish below 6500
Biggest Bitcoin Transaction of the Day*
1.🚨2,511 Bitcoin ($22,289,364 USD) transferred from Binance ➡️ Unknown Wallet
2.🚨2,110 Bitcoin ($18,848,342 USD) transferred from OKEx ➡️ Binance
3. 🚨1,000 Bitcoin ($8,830,138 USD) transferred from Coinbase ➡️ Binance
*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 the may transpire.
Bitcoin to Date
Daily
Current Price: $8957 USD
Daily Change %: +1.12%
Market Cap: $164,431,210,380.00 USD
24 Hour Volume: $67,265,260,266 USD
Population of the World: ~7,782,500,000+ humans
Bitcoin/World Population: ~ 0.002359678766463 Satoshi’s / $21.13 per person
Overall
Current Bitcoin Dominance: 67.14%
Approximate Bitcoin in Circulation: 18,364,200 BTC
Approximate Bitcoin Mined Last 24hr: 1,800 BTC
Approximate Bitcoin Left to Mine: 2,635,800 BTC
Road to 21,000,000 Bitcoin Mined: 87.45%
Approximate Days Until Halving: 5-6 Days
GOLD:
Current Price: $1702.89 USD
Dollar Change: -$2.59 USD
Percentage Change -0.16%
The daily candle has closed positive with a push and retrace into the 9100 region. Price could test 9200 again as market by the orange circle above price action. If the Bulls can’t penetrate this then Bears may beat them down to the 8900 area. Bears will want to fill the wick from Mondays candle and if price is pushed this far the next support area is the 3/4 line zone of the downward channel.
Outer Perspective
The downward channel still places current price in a down trend. A break of the halfway point (All time high price halved) at 9942.5 and a break above 10500 will confirm this if price holds and continues north.
Inner Perspective
The inner upward channel has shown price to be dominant and have momentum since the 13th of March. Still awaiting price action to break 9200 into the triangle.
Point of Interest
Remains the same - Is Bitcoin going to break 9200 today, that’s our point of interest presently and if price moves above 9200 we’ve marked a triangle where price will beat its head along the downward channels upper trend line.. Note that price on the 30th April tested this and fell back to 8300.
Support & Resistance
Support Levels
1st Zone: 8000
2nd Zone: 7400
Resistance Levels:
1st Zone: 9200
2nd Zone: 9530
🐃Bulls Verse Bears 🐻
Bullish above 10500
Bearish below 6500
Biggest Bitcoin Transaction of the Day*
1.🚨2,511 Bitcoin ($22,289,364 USD) transferred from Binance ➡️ Unknown Wallet
2.🚨2,110 Bitcoin ($18,848,342 USD) transferred from OKEx ➡️ Binance
3. 🚨1,000 Bitcoin ($8,830,138 USD) transferred from Coinbase ➡️ Binance
*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 the may transpire.
Bitcoin to Date
Daily
Current Price: $8957 USD
Daily Change %: +1.12%
Market Cap: $164,431,210,380.00 USD
24 Hour Volume: $67,265,260,266 USD
Population of the World: ~7,782,500,000+ humans
Bitcoin/World Population: ~ 0.002359678766463 Satoshi’s / $21.13 per person
Overall
Current Bitcoin Dominance: 67.14%
Approximate Bitcoin in Circulation: 18,364,200 BTC
Approximate Bitcoin Mined Last 24hr: 1,800 BTC
Approximate Bitcoin Left to Mine: 2,635,800 BTC
Road to 21,000,000 Bitcoin Mined: 87.45%
Approximate Days Until Halving: 5-6 Days
GOLD:
Current Price: $1702.89 USD
Dollar Change: -$2.59 USD
Percentage Change -0.16%
منشورات ذات صلة
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.