Bitcoin Needs To Flex HARD, Right Now Punch 10k
Outer Perspective (Weekly Chart)
Positive territory for the week close after a weekly P action range of $1700 finds the new candle opening at 9666. To keep within the range of the prior weeks candle shows more confidence in the weeks P action to come if it can stay above its opening price. The 10k whole number will have the bulls wanting to break but as for the last two weeks we’ve seen the bears are strong er in this region.
Inner Perspective (Daily Chart)
Opening on the daily we can see price is at the mid point of the inner upward channel. This is a positive sign for a play at the ATH halfway price point and the 10k whole number. Although bears might come in price has room within the channel to still have momentum and also away from the sticky area of the outer downward channel price action range. However if bears come in and smash to the 9000-9250 region Bulls will have to quickly regather the troops or this market will fall.
Area of Interest
For Strength Bulls need too set the tone for the week and flex hard, staying above this mid point and not falter in the pressure to push through. If bears come in and bulls give up they will push this down and past he channel midpoint changing the market to be heavier.
If Bulls can penetrate and get above 10k and hold. The sellers will look for levels higher up and reassess. A close on the daily above 10k today or Tuesday/Wednesday close/open is ideal for the power to show.
Otherwise we are better totting around.
📈Support & Resistance📉*
Support Levels
1st Support Zone: 9526.5
2nd Support Zone: 9115.9
3rd Support Zone: 8596.5
Resistance Levels:
1st Resistance Zone: 10013.6
2nd Resistance Zone: 10469.5
3rd Resistance Zone: 10974.1
Price Level Consideration
Approximate Days Until Halving: 1373 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: 8629.2
Weekly Open: 9667.4
Current Price Zone: ACCUMULATION ZONE
Bitcoin to Date
Daily
Current Price: $9353.7 USD
Daily Change %: +4.20%
Market Cap: $182,263,348,678.13 USD
24 Hour Volume: $42,414,609,616 USD
Population of the World: ~7,785,000,000+ humans
Today’s Bitcoin Total / World Population: ~ 0.002360925626204 Satoshi’s / $23.39 USD per person
Overall
Approximate Bitcoin in Circulation: 18,379,806 BTC
Approximate Bitcoin Mined Last 24hr: ~ 900 BTC
Approximate Bitcoin Left to Mine: 2,620,194 BTC
Road to 21,000,000 Bitcoin Mined: 87.52%
Current Bitcoin Dominance: 68.22%
Biggest Bitcoin Transaction of the Day**
1.🚨1,886 Bitcoin ($18,376,369 USD) transferred from OKEx ➡️ Unknown Wallet
2.🚨1,485 Bitcoin ($14,398,373 USD) transferred from OKEx ➡️ Unknown Wallet
3. 🚨1,059 Bitcoin ($10,324,041 USD) transferred from OKEx ➡️ Unknown Wallet
Largest Cryptocurrency Transaction Today:
🚨🚨25,000,000 USDT ($25,141,776 USD) transferred from Tether Treasury ➡️ Binance🚨🚨
Gold***: $1,759.09 USD +14.48 +0.84%
Silver***: $17.00 USD +0.36 +2.05%
——————————————————————————————————
*📈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.
Positive territory for the week close after a weekly P action range of $1700 finds the new candle opening at 9666. To keep within the range of the prior weeks candle shows more confidence in the weeks P action to come if it can stay above its opening price. The 10k whole number will have the bulls wanting to break but as for the last two weeks we’ve seen the bears are strong er in this region.
Inner Perspective (Daily Chart)
Opening on the daily we can see price is at the mid point of the inner upward channel. This is a positive sign for a play at the ATH halfway price point and the 10k whole number. Although bears might come in price has room within the channel to still have momentum and also away from the sticky area of the outer downward channel price action range. However if bears come in and smash to the 9000-9250 region Bulls will have to quickly regather the troops or this market will fall.
Area of Interest
For Strength Bulls need too set the tone for the week and flex hard, staying above this mid point and not falter in the pressure to push through. If bears come in and bulls give up they will push this down and past he channel midpoint changing the market to be heavier.
If Bulls can penetrate and get above 10k and hold. The sellers will look for levels higher up and reassess. A close on the daily above 10k today or Tuesday/Wednesday close/open is ideal for the power to show.
Otherwise we are better totting around.
📈Support & Resistance📉*
Support Levels
1st Support Zone: 9526.5
2nd Support Zone: 9115.9
3rd Support Zone: 8596.5
Resistance Levels:
1st Resistance Zone: 10013.6
2nd Resistance Zone: 10469.5
3rd Resistance Zone: 10974.1
Price Level Consideration
Approximate Days Until Halving: 1373 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: 8629.2
Weekly Open: 9667.4
Current Price Zone: ACCUMULATION ZONE
Bitcoin to Date
Daily
Current Price: $9353.7 USD
Daily Change %: +4.20%
Market Cap: $182,263,348,678.13 USD
24 Hour Volume: $42,414,609,616 USD
Population of the World: ~7,785,000,000+ humans
Today’s Bitcoin Total / World Population: ~ 0.002360925626204 Satoshi’s / $23.39 USD per person
Overall
Approximate Bitcoin in Circulation: 18,379,806 BTC
Approximate Bitcoin Mined Last 24hr: ~ 900 BTC
Approximate Bitcoin Left to Mine: 2,620,194 BTC
Road to 21,000,000 Bitcoin Mined: 87.52%
Current Bitcoin Dominance: 68.22%
Biggest Bitcoin Transaction of the Day**
1.🚨1,886 Bitcoin ($18,376,369 USD) transferred from OKEx ➡️ Unknown Wallet
2.🚨1,485 Bitcoin ($14,398,373 USD) transferred from OKEx ➡️ Unknown Wallet
3. 🚨1,059 Bitcoin ($10,324,041 USD) transferred from OKEx ➡️ Unknown Wallet
Largest Cryptocurrency Transaction Today:
🚨🚨25,000,000 USDT ($25,141,776 USD) transferred from Tether Treasury ➡️ Binance🚨🚨
Gold***: $1,759.09 USD +14.48 +0.84%
Silver***: $17.00 USD +0.36 +2.05%
——————————————————————————————————
*📈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.
相關出版品
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。