LandenInternational

10k Pop Watching This Market Run

BITFINEX:BTCUSD   Bitcoin
Bitcoin Breaks 10k and P action looking to test the ‘Break 1’ mark (10400) and if pump through than look for fireworks if it can slam through the ‘Break 2’ (10484) price point also. As the new weekly candle has opened today with this fresh break into territory not seen since May/June I’m watching price movement into the daily close and where it opens for more of an overview of market dynamics. A close above 10k will show strength however if a break back below 10k transpires then the write up will look similar to the last 2 months. So market for bulls obviously wants to stay above this area and hold to use 10k as a support if a retraction. Gold markets also hitting new AL TIME HIGHS which congratulations you are living in a time of history.

Happy Trading , for those riding these moves to the upside the allocation should be when you take money off the table and have followed your trading plan. A lot of novice traders are showing too much excitement posting like experts however with way to much emotion behind their posts. IT’s times like these where a level mind will help you accumulate more and make more strategic decisions for yourself.

Bitcoin to Date
Daily
Current Price: $10248 USD
Daily Change %: +4.94%
Market Cap: $187,940,284,000.00 USD
24 Hour Volume: $22,885,547,443 USD
Population of the World: ~7,800,805,240+ humans
Today’s Bitcoin Total / World Population: ~ 0.002364320019865 Satoshi’s / $24.22 USD per person

Overall
Approximate Bitcoin in Circulation: 18,443,600 BTC
Approximate Bitcoin Mined Last 24hr: ~ 900 BTC
Approximate Bitcoin Left to Mine: 2,556,400 BTC
Road to 21,000,000 Bitcoin Mined: 87.83%

Current Bitcoin Dominance: 62.97%

📈Support & Resistance📉*
Support Levels
1st Support Zone: 9583.5
2nd Support Zone: 9192.2
3rd Support Zone: 8770.2

Resistance Levels:
1st Resistance Zone: 10344.4
2nd Resistance Zone: 10487.9
3rd Resistance Zone: 10781.2


Price Level Consideration
Approximate Days Until Halving: 1382 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: 9949.8


Current Price Zone: ACCUMULATION ZONE

Biggest Bitcoin Transaction of the Day**
1. 🚨2,002 BTC ($19,897,422 USD) transferred from OKEx ➡️ Unknown wallet 🚨
2. 🚨1,000 BTC ($9,979,162 USD) transferred from Binance ➡️ XAPO 🚨

Gold***: $1,931.79 USD +29.85 +1.57%
Silver***: $24.02 USD +1.25 +5.51%

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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: Max Keiser

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