Bitcoin Intersection High Test & Retrace

1 мая 2020 г.

Bitcoin ‘GOLD 2.0’ Overview: The last 48 hours in the Bitcoin market has seen price test the 9450 region which happens to be the inner upward channel and downward channel intersection points for a touch. Then ‘falling’ to test the 8400 area to close/open at 8600 which is at the mid point on the inner upward channel. On the chart we have placed a blue rectangle from price from January, where price is at at the moment although it screamed through it yesterday to move up so ‘freely’ again will have to pass through a fair bit of resistance to challenge the 9200 zone again.

Biggest Bitcoin Transaction of the Day
🚨 6,001 Bitcoin ($52,701,630 USD) transferred from Bitfinex ➡️ Unknown Wallet

Support Levels: 8000
Resistance Levels: 9200 is the next resistance

Point of Interest: With the double top broken well and truly eyes are on price within the upward channel as its past the 3/4 mark of the overall downward channel.

🐃Bulls Verse Bears 🐻
Bullish above 10500
Bearish below 6500

Bitcoin to Date:
Overall
Approximate Bitcoin Dominance: 65.4%
Approximate Bitcoin in Circulation: 18,354,463 BTC
Approximate Bitcoin Mined Last 24hr: 1,800 BTC
Approximate Bitcoin Left to Mine: 2,645,538 BTC
Road to 21,000,000 Bitcoin Mined: 87.40%
Approximate Days Until Halving: 11-12 Days

Daily
Current Price: $8725 USD
Daily Change %:+1.12%
Market Cap: $159,786,608,740.00 USD
24 Hour Volume: $104,250,466,512 USD
Population of the World: ~7,781,409,600+ humans
Bitcoin/World Population: ~ 0.002358758109842 Satoshi’s / $20.58 per person

GOLD: $1690.23 USD +1.50 0.09% Gold has risen $1 USD within the day.