Bitcoin ‘GOLD 2.0’ Overview: Around a $350 dollar move within the range of 10k and 10.3K over the last 24hours. We are very much in the middle of this upper channel. Take note of the purple trend lines, we had a projection last week of this with this one getting tighter. The bulls need to show some strength to defeat this double top, retrace, bounce and then potentially could test the trend line that was formed from the all time highs in 2017. Yes, we are talking that language again. This is awesome price action and above the high of October (10500) we are solidly bullish, however it needs to get there first. On the downside price could trickle in the short term to 10100 and if bears come in to play the next major would be around 9800, although the 10k magnet would likely stall market.
Support Levels: 10,000 is now support as we have broken through
Resistance Levels: 10,400 next level of resistance
Channel of Interest (marked with the yellow channel box) Channel is holding, we are seeing more stable price movement to the upside within this trading range
🐃Bulls Verse Bears🐻
Bullish above 10500
Bearish below 6500
Bitcoin to Date:
Overall
Approximate Bitcoin Dominance: 61.0%
Approximate Bitcoin in Circulation: 18,217,738 BTC
Approximate Bitcoin Left to Mine: 2,782,263 BTC
Road to 21,000,000 Bitcoin Mined: 86.75%
Approximate Days Until Halving: 86-88Days
Daily
Current Price: $10326 USD
Daily Change %: -0.09%
Market Cap: $188,571,800,862.50 USD
24 Hour Volume: $43,459,588,441 USD
Population of the World: ~ 7,764,470,000+ humans
Bitcoin/World Population: ~ 0.002346295110935 Satoshi’s / $24.22 USD per person
Trading Quote
The secret to being successful from a trading perspective is to have an indefatigable and an undying and unquenchable thirst for information and knowledge.” - Paul Tudor Jones
GOLD: $1,583.89 USD +1.19 +0.08% Gold has risen $1 USD within the day.
Biggest Bitcoin Transactions of the Day
🐋 764 Bitcoin( $7,750,342 USD) transferred from Binance ➡️ OKEx
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🐋 500 Bitcoin ($5,145,262 USD) transferred from OKEx ➡️ unknown wallet
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🐋 500 Bitcoin ($5,155,802 USD) transferred from Binance ➡️ unknown wallet
🐋 575 Bitcoin ($5,954,633 USD) transferred from Binance ➡️ unknown wallet
🚨1,931 Bitcoin ($19,949,057 USD) transferred from Binance ➡️ OKEx
🚨980 Bitcoin ($10,136,466 USD) transferred from unknown wallet ➡️ OKEx
🐋 519 Bitcoin ($5,351,803 USD) transferred from unknown wallet ➡️ OKEx