Bitcoin Within Downward Channel -Another run down or stable 6500
Bitcoin ‘GOLD 2.0’ Overview: After yesterdays low at 4000 we saw that candle close at the 5600 mark. This is situated within the larger downward channel. Looking at the charts we will leave the triangle below this downward channel and the lower trend line there as price could re break through and touch around the 4900 mark.
A recover in ‘normal’ crypto markets top the having could happen, however with markets falling globally these structures aren’t as predictable other than price zones to reach. We continue to watch the market play our worldwide.
Support Levels: Next support is at 5000
Resistance Levels: 6100 is currently resistance
Point of Interest: Price movement the bottom of this price channel is of interest. Will we consolidate, drop a little bit downwards, or a lot more again?
🐃Bulls Verse Bears🐻
WE ARE BEARISH
Bullish above 10500
Bearish below 6500
Bitcoin to Date:
Overall
Approximate Bitcoin Dominance: 63.3%
Approximate Bitcoin in Circulation: 18,269,788 BTC
Approximate Bitcoin Left to Mine: 2,730,213 BTC
Road to 21,000,000 Bitcoin Mined: 87%
Approximate Days Until Halving: 58-61Days
Daily
Current Price: $5468 USD
Daily Change %: -2.8%
Market Cap: $100,049,010,307.50 USD
24 Hour Volume: $58,557,978,685 USD
Population of the World: ~7,770,762,360+ humans
Bitcoin/World Population: ~ 0.002351093387445 Satoshi’s / $12.85 USD per person
Trading Quote
“During recession greed dies, frugality survives.”
― Amit Kalantri
GOLD: $1529.29 USD -60 -3.78% Gold has fallen $60 USD within the day.
Biggest Bitcoin Transactions of the Day
🚨 3000 Bitcoin ($16,712,456 USD) transferred from Unknown Wallet ➡️ Coinbase
A recover in ‘normal’ crypto markets top the having could happen, however with markets falling globally these structures aren’t as predictable other than price zones to reach. We continue to watch the market play our worldwide.
Support Levels: Next support is at 5000
Resistance Levels: 6100 is currently resistance
Point of Interest: Price movement the bottom of this price channel is of interest. Will we consolidate, drop a little bit downwards, or a lot more again?
🐃Bulls Verse Bears🐻
WE ARE BEARISH
Bullish above 10500
Bearish below 6500
Bitcoin to Date:
Overall
Approximate Bitcoin Dominance: 63.3%
Approximate Bitcoin in Circulation: 18,269,788 BTC
Approximate Bitcoin Left to Mine: 2,730,213 BTC
Road to 21,000,000 Bitcoin Mined: 87%
Approximate Days Until Halving: 58-61Days
Daily
Current Price: $5468 USD
Daily Change %: -2.8%
Market Cap: $100,049,010,307.50 USD
24 Hour Volume: $58,557,978,685 USD
Population of the World: ~7,770,762,360+ humans
Bitcoin/World Population: ~ 0.002351093387445 Satoshi’s / $12.85 USD per person
Trading Quote
“During recession greed dies, frugality survives.”
― Amit Kalantri
GOLD: $1529.29 USD -60 -3.78% Gold has fallen $60 USD within the day.
Biggest Bitcoin Transactions of the Day
🚨 3000 Bitcoin ($16,712,456 USD) transferred from Unknown Wallet ➡️ Coinbase
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