LandenInternational

Bitcoin Volume Up, P Action Up, Bulls Pushing Up

BITFINEX:BTCUSD   Bitcoin
Last 24 hours has seen volume increase from 13 Bill go over 19 Bill with P action going for a run north to there 9465 region. Downward Structure is still intact until a break of the swing high denoted by the target icon. Until then resistance above remains the same:

- ATH halfway price point (below this meaning not as strong as to be above the 50% area)
- Since May test of 10k has transpired 6-7 times (depending on how you define a push & test) with all being rejected
The ATH trend line is coming down and looming , closing in on daily P action day by day.

Currently P action is within the bonus of the orange rectangle within previous consolidation.


Happy Trading :)

Bitcoin to Date
Daily
Current Price: $9457 USD
Daily Change %: +2.04%
Market Cap: $174,133,649,866.25 USD
24 Hour Volume: $19,436,561,198 USD
Population of the World: ~7,796,731,800+ humans
Today’s Bitcoin Total / World Population: ~ 0.002363455800801 Satoshi’s / $22.35 USD per person

Overall
Approximate Bitcoin in Circulation: 18,427,231 BTC
Approximate Bitcoin Mined Last 24hr: ~ 900 BTC
Approximate Bitcoin Left to Mine: 2,572,769 BTC
Road to 21,000,000 Bitcoin Mined: 87.75%

Current Bitcoin Dominance: 64.77%

📈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: 1400 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: 9084.0


Current Price Zone: ACCUMULATION ZONE

Biggest Bitcoin Transaction of the Day**
1. 🚨19,631 BTC ($184,419,465 USD) transferred from Unknown wallet ➡️ Unknown wallet 🚨
2. 🚨3,500 BTC ($32,382,992 USD) transferred from Unknown wallet ➡️ Xapo 🚨
3. 🚨2,000 BTC ($18,613,810 USD) transferred from Xapo ➡️ Binance 🚨

Largest Cryptocurrency Transaction Today:
🚨 🚨19,631 BTC ($184,419,465 USD) transferred from Unknown wallet ➡️ Unknown wallet 🚨 🚨

Gold***: $1,810.12 USD +15.48 +0.86%
Silver***: $18.73 USD +0.45 +2.50%

——————————————————————————————————
*📈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

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.