LandenInternational

Bitcoin Break Of Swing High

BITFINEX:BTCUSD   Bitcoin
With a 1.4% increase over the Bitcoin market current P action is currently at 9555 breaking the swing high needed for strength and to break downward structure of lower highs.


Bulls, if can maintain strength or trickles to the right will come up against The ATH trendline which of course the zone of price hitting its head against comes closest every day and is standing in the way of the 10k zone.


As price prints in the 9550 area have a tentative trend-line to be aware of from the south which could come into play and see an APEX situation into the ATH trendline ;


~$500 away from 10k mark, lets see how price reacts around this point as a test hasn’t occurred since early June…

Happy Trading Mask Up.

Bitcoin to Date
Daily
Current Price: $9533.3 USD
Daily Change %: +1.40%
Market Cap: $176,098,896,250.00 USD
24 Hour Volume: $16,367,024,825 USD
Population of the World: ~7,799,859,400+ humans
Today’s Bitcoin Total / World Population: ~ 0.002364123106336 Satoshi’s / $22.22 USD per person

Overall
Approximate Bitcoin in Circulation: 18,439,675 BTC
Approximate Bitcoin Mined Last 24hr: ~ 900 BTC
Approximate Bitcoin Left to Mine: 2,561,219 BTC
Road to 21,000,000 Bitcoin Mined: 87.81%

Current Bitcoin Dominance: 63.89%

📈Support & Resistance📉*
Support Levels
1st Support Zone: 8963.6
2nd Support Zone: 8666.7
3rd Support Zone: 7840.4

Resistance Levels:
1st Resistance Zone: 9889.2
2nd Resistance Zone: 10285.8
3rd Resistance Zone: 10781.2


Price Level Consideration
Approximate Days Until Halving: 1386 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: 9171.5
Weekly Open: 9229.5


Current Price Zone: ACCUMULATION ZONE

Biggest Bitcoin Transaction of the Day**
1. 🚨2,250 BTC ($21,048,290 USD) transferred from Unknown wallet ➡️ Binance 🚨

Gold***: $1,869.10 USD -0.53 -0.03%
Silver***: $31.96 USD +0.06 +0.22%

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*📈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.


Created & published by Des Landen
Landen International

Trading Playlist: Jamie XX

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