10k Popped Bitcoin Produced Diamonds ๐ Weekly Price Action >>>
โDon't blindly follow someone, follow market and try to hear what it is telling you.โ - Jaymin Shah
Bitcoin โGOLD 2.0โ Overview: Today we look at the Bitcoin Weekly chart. Yesterday we spoke about bitcoin Buyers potentially pressuring the market to make diamonds to pop the 10,000 USD mark, and they did. ๐ We now sit above at 10,150 with todays opening candle. This area in being a large whole number could act as a magnet zone and price could flutter around in a $500 range. Looking at price action within the upward channel we had one push for 2 weeks, a consolidation period and then another push to find ourselves above 10k. Although this is good for momentum weโve been here before at this area and stalled for many weeks. Thereโs a lot of resistance coming up into the 10,400-10,500 zone above that will see an easier zone.
Support Levels: 10,000 is now support after price has jumped above and will act a a magnet zone
Resistance Levels: 10,400 will present the next level of resistance
Channel of Interest (marked with the yellow channel box) On the Bitcoin weekly chart we can see a progressive move to the upside within this price channel. The channel is entering 10 previous candles of weekly price action going back to June last year. Above 11,000 sees more fresh air.
๐ Bulls Verse Bears๐ป
Bullish above 10500
Bearish below 6500
Bitcoin to Date:
Overall
Approximate Bitcoin Dominance: 63.6%
Approximate Bitcoin in Circulation: 18,208,975 BTC
Approximate Bitcoin Left to Mine: 2,791,025 BTC
Road to 21,000,000 Bitcoin Mined: 86.71%
Approximate Days Until Halving: 91-93 Days
Daily
Current Price: $10120.00 USD
Daily Change %: +2.43%
Market Cap: $184,183,782,125.00 USD
24 Hour Volume: $35,588,409,198 USD
Population of the World: ~ 7,763,342,000+ humans
Bitcoin/World Population: ~ 0.002345507257055 Satoshiโs / $23.73 USD per person
GOLD: $1,573.01 USD +4.51 +0.29% Gold has risen $4.50 USD within the day.
Biggest Bitcoin Transactions of the Day
๐ 570 Bitcoin ($5,692,434 USD) transferred from Bitfinex โก๏ธ unknown wallet
Bitcoin โGOLD 2.0โ Overview: Today we look at the Bitcoin Weekly chart. Yesterday we spoke about bitcoin Buyers potentially pressuring the market to make diamonds to pop the 10,000 USD mark, and they did. ๐ We now sit above at 10,150 with todays opening candle. This area in being a large whole number could act as a magnet zone and price could flutter around in a $500 range. Looking at price action within the upward channel we had one push for 2 weeks, a consolidation period and then another push to find ourselves above 10k. Although this is good for momentum weโve been here before at this area and stalled for many weeks. Thereโs a lot of resistance coming up into the 10,400-10,500 zone above that will see an easier zone.
Support Levels: 10,000 is now support after price has jumped above and will act a a magnet zone
Resistance Levels: 10,400 will present the next level of resistance
Channel of Interest (marked with the yellow channel box) On the Bitcoin weekly chart we can see a progressive move to the upside within this price channel. The channel is entering 10 previous candles of weekly price action going back to June last year. Above 11,000 sees more fresh air.
๐ Bulls Verse Bears๐ป
Bullish above 10500
Bearish below 6500
Bitcoin to Date:
Overall
Approximate Bitcoin Dominance: 63.6%
Approximate Bitcoin in Circulation: 18,208,975 BTC
Approximate Bitcoin Left to Mine: 2,791,025 BTC
Road to 21,000,000 Bitcoin Mined: 86.71%
Approximate Days Until Halving: 91-93 Days
Daily
Current Price: $10120.00 USD
Daily Change %: +2.43%
Market Cap: $184,183,782,125.00 USD
24 Hour Volume: $35,588,409,198 USD
Population of the World: ~ 7,763,342,000+ humans
Bitcoin/World Population: ~ 0.002345507257055 Satoshiโs / $23.73 USD per person
GOLD: $1,573.01 USD +4.51 +0.29% Gold has risen $4.50 USD within the day.
Biggest Bitcoin Transactions of the Day
๐ 570 Bitcoin ($5,692,434 USD) transferred from Bitfinex โก๏ธ unknown wallet