Two Tests Of Octobers 2019 Bitcoin High, Price In Upward Channel

14. Feb. 2020

Bitcoin ‘GOLD 2.0’ Overview: Bitcoin have tried to push above the resistance between 10400-10500. The last 24hours saw price being rejected to just above the 10k mark. This whipsawing action is to be expected considering this 10k magnetic zone as it is a very evident whole number and the resistance at higher values. Bitcoin remains in the upward channel which shows confidence that the trend is not going away and that momentum is, at this point,still on the bulls side.

Levels
Support Levels: 10,000 is now support as we have broken through
Resistance Levels: 10,400 next level of resistance

Channel of Interest (marked with the yellow channel box) Channel is holding, we are seeing more upside within this trading range

🐃Bulls Verse Bears🐻
Bullish above 10500
Bearish below 6500

Bitcoin to Date:
Overall
Approximate Bitcoin Dominance: 61.8%
Approximate Bitcoin in Circulation: 18,215,975 BTC
Approximate Bitcoin Left to Mine: 2,784,025 BTC
Road to 21,000,000 Bitcoin Mined: 86.74%
Approximate Days Until Halving: 87-89 Days

Daily
Current Price: $10202 USD
Daily Change %: -1.32%
Market Cap: $186,057,968,650.00 USD
24 Hour Volume: $49,315,478,147 USD
Population of the World: ~ 7,764,235,200+ humans
Bitcoin/World Population: ~ 0.002346138998983 Satoshi’s / $23.93 USD per person

Trading Quote
‘I believe in analysis and not forecasting’. Nicolas Darvas

GOLD: $1,576.04 USD +8.64 +0.55% Gold has risen $8 USD within the day.

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