Topping Consolidation Bulls With Steam, To Be Continued;

23 cze 2020

With 8 days to go to the monthly close Bulls Dropping some numbers in the order book to increase volume over the 24 hr period by 6,000,000,000 which is great to see after what could be described as pathetic low numbers adding to thew catalyst of a slow drop. This is fresh for P action showing strength yet lets not forget about the incredible amount of resistance above, and of course the same remains as the write up completed last week (see link below).



The following zones are above yet if bulls scramble together and drop numbers the interference of resistance zones, 10k bears sitting pretty and the ATH Half way price point with the ATH trend line closing lower each candle print stands in the way.

Thus if bulls can get over this before Q2 close we may see fireworks.

Happy Trading :)

Bitcoin to Date
Daily
Current Price: $9721.3 USD
Daily Change %: +3.63%
Market Cap: $178,553,325,072.50 USD
24 Hour Volume: $21,077,477,568 USD
Population of the World: ~7,793,186,798+ humans
Today’s Bitcoin Total / World Population: ~ 0.002362566877612 Satoshi’s / $22.96 USD per person

Overall
Approximate Bitcoin in Circulation: 18,411,925 BTC
Approximate Bitcoin Mined Last 24hr: ~ 900 BTC
Approximate Bitcoin Left to Mine: 2,588,075 BTC
Road to 21,000,000 Bitcoin Mined: 87.68%

Current Bitcoin Dominance: 66.19%




📈Support & Resistance📉*
Support Levels
1st Support Zone: 9170.7
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: 1417 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: 9447.2
Weekly Open: 9297.8



Current Price Zone: ACCUMULATION ZONE


Biggest Bitcoin Transaction of the Day**
1. 🚨3,500 BTC ($34,072,340 USD) transferred from Binance ➡️ Unknown wallet 🚨
2. 🚨2,000 BTC ($18,880,458 USD) transferred from Coinbase ➡️ Unknown wallet 🚨

Largest Cryptocurrency Transaction Today:
🚨 🚨54,364,421 USDT ($58,978,846 USD) transferred from NEXO ➡️ Unknown wallet 🚨 🚨

Gold***: $1,747.54 USD +5.74 +0.33%
Silver***: $17.75 USD +0.16 +0.91%

——————————————————————————————————
*📈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

Playlist: Busy P