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Bitcoin Sitting Pretty

BITFINEX:BTCUSD   Bitcoin
Bitcoin ‘GOLD 2.0’ Overview: Price action has seen bitcoin dribble sideways respecting the lower trend line and support now sitting perched to make its next move to gain strength and fly higher or swoop downwards. Until we see a break either way we’re not confirming a bias here. If the bears lock in some coward momentum then you can see 8350 coming into play. Bulls could push this within the zone to 9000 again but need to make a solid charge above this to smell that cleaner air.

Support Levels: $8500 - 8650 shows an area of solid support to protect the bulls from a bearish onslaught

Resistance Levels: $9,000 has price showing its ceiling and rejection at this point. See circles of interest.

Circle/s of Interest: As yesterday, depicted via the Yellow circle. Price needs to pop above this price point and confirm support to see fresh air to the up side. If breaks the trend line and the 8650 support some downward action could be in play

Bitcoin to Date:
Overall
Approximate Bitcoin Dominance: 65.8%
Approximate Bitcoin in Circulation: 18,174,138
Approximate Bitcoin Left to Mine: 2,825,863
Road to 21,000,000 Bitcoin Mined: 86.54%
Approximate Days Until Halving: 111 Days

Daily
Current Price: $8717.3 USD
Daily Change %:-0.19%
Market Cap: $158,409,417,277.5 USD
Population of the World: 7,759,133,661+ humans
Bitcoin/World Population: ~ 0.00234 Sats / $20.42 USD per person

Biggest Bitcoin Transactions of the Day
🐋582 BITCOIN ($5,010,906 USD) transferred from Coinbase to unknown wallet
🐋617 BITCOIN ($5,293,836 USD) transferred from Coinbase to unknown wallet
🐋1,513 BITCOIN ($12,990,077 USD) transferred from Binance to unknown wallet
🐋1,448 BITCOIN ($12,417,633 USD) transferred from Binance to unknown wallet
🐋609 BITCOIN ($5,222,802 USD) transferred from Coinbase to unknown wallet
🐋939 BITCOIN ($8,193,252 USD) transferred from Binance to unknown wallet
🐋900 BITCOIN ($7,845,323 USD) transferred from unknown wallet to Binance

Gold: Gold has dipped slightly but still holding strong at the $1555.00 USD level


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