Bitcoin ‘GOLD 2.0’ Overview: Into the Apex we go… Which way we flow nobody knows… Well this squeeze will end up going somewhere... Todays price structure saw a dip to the support around the low at 6400 and then the settle point around 6700. A considerable move in any other traditional market, yet this is Bitcoin.
As of yesterdays write up. From the outer we see the bigger downward channel that current price sees itself slowly flowing up to the mid point. Within this from prior weeks the inner downward channel is still in play and acting as a resistance point. Bitcoin has had a bounce from the lows of the trend line from last year to pass through the resistance with is now support of the previous low from the 18th of Dec.
Once again, from here if we pop up through to 6800-7000 will be within the smaller downward channel and possible for price to flow downwards again. However if price follows the upward channel price could test 8000. With current world economy we aren’t holding our breathe.
Support Levels: 6400 has now become Support
Resistance Levels: 7400 is the next major resistance with 6900 being a zone to push through
Point of Interest: APEX - It’s all about the APEX today to see where price will settle
🐃Bulls Verse Bears🐻
Bullish above 10500
Bearish below 6500
Bitcoin to Date:
Overall
Approximate Bitcoin Dominance: 65.6%
Approximate Bitcoin in Circulation: 18,288,963 BTC
Approximate Bitcoin Left to Mine: 2,711,038 BTC
Road to 21,000,000 Bitcoin Mined: 87.09%
Approximate Days Until Halving: 45-48 Days
Daily
Current Price: $6660 USD
Daily Change %: -1.38%
Market Cap: $121,758,767,843.75 USD
24 Hour Volume: $36,519,962,169 USD
Population of the World: ~7,773,639,500+ humans
Bitcoin/World Population: ~ 0.002352689882262 Satoshi’s / $15.66 USD per person
Trading Quote
Patterns don't work 100% of the time. But they are still critical because they help you define your risk. If you ignore patterns and focus on hunches, feelings, and hot tips, just forget about achieving consistency. -Ifan Wei
GOLD: $1627.32 USD -22.78 -1.38% Gold has fallen $22 USD within the day.
Biggest Bitcoin Transactions of the Day
🚨 800 Bitcoin ($5,443,781 USD) transferred from Sygnia ➡️ Unknown wallet
As of yesterdays write up. From the outer we see the bigger downward channel that current price sees itself slowly flowing up to the mid point. Within this from prior weeks the inner downward channel is still in play and acting as a resistance point. Bitcoin has had a bounce from the lows of the trend line from last year to pass through the resistance with is now support of the previous low from the 18th of Dec.
Once again, from here if we pop up through to 6800-7000 will be within the smaller downward channel and possible for price to flow downwards again. However if price follows the upward channel price could test 8000. With current world economy we aren’t holding our breathe.
Support Levels: 6400 has now become Support
Resistance Levels: 7400 is the next major resistance with 6900 being a zone to push through
Point of Interest: APEX - It’s all about the APEX today to see where price will settle
🐃Bulls Verse Bears🐻
Bullish above 10500
Bearish below 6500
Bitcoin to Date:
Overall
Approximate Bitcoin Dominance: 65.6%
Approximate Bitcoin in Circulation: 18,288,963 BTC
Approximate Bitcoin Left to Mine: 2,711,038 BTC
Road to 21,000,000 Bitcoin Mined: 87.09%
Approximate Days Until Halving: 45-48 Days
Daily
Current Price: $6660 USD
Daily Change %: -1.38%
Market Cap: $121,758,767,843.75 USD
24 Hour Volume: $36,519,962,169 USD
Population of the World: ~7,773,639,500+ humans
Bitcoin/World Population: ~ 0.002352689882262 Satoshi’s / $15.66 USD per person
Trading Quote
Patterns don't work 100% of the time. But they are still critical because they help you define your risk. If you ignore patterns and focus on hunches, feelings, and hot tips, just forget about achieving consistency. -Ifan Wei
GOLD: $1627.32 USD -22.78 -1.38% Gold has fallen $22 USD within the day.
Biggest Bitcoin Transactions of the Day
🚨 800 Bitcoin ($5,443,781 USD) transferred from Sygnia ➡️ Unknown wallet
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Pubblicazioni correlate
Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.