Bitcoin Licking 8000, Need Some Strength

Bitcoin ‘GOLD 2.0’ Overview: We see bitcoin struggling to bounce higher than 8000 at present. Price continues to stay within this downward channel. Yesterdays price action bounced off 7700 and price needs to come up to 8400 to show strength. We are still in the price formation of lower highs and lower lows making this structure more bearish.

Support Levels: Next support is at 7700

Resistance Levels: 8000 is currently resistance

Point of Interest: Bitcoin is in a overall downward channel from the weekly. If price falls lower or consolidated it validates this channel even more. This is more evident into the halving.

🐃Bulls Verse Bears🐻
Bullish above 10500
Bearish below 6500

Bitcoin to Date:
Overall

Approximate Bitcoin Dominance: 64.7%
Approximate Bitcoin in Circulation: 18,265,775 BTC
Approximate Bitcoin Left to Mine: 2,734,225 BTC
Road to 21,000,000 Bitcoin Mined: 86.98%
Approximate Days Until Halving: 60-63Days

Daily
Current Price: $7973 USD
Daily Change %: +0.05%
Market Cap: $145,466,820,621.36 USD
24 Hour Volume: $38,516,827,140 USD
Population of the World: ~7,770,250,999+ humans
Bitcoin/World Population: ~ 0.002350731656204 Satoshi’s / $18.74 USD per person

Trading Quote
‘Do more of what works and less of what doesn’t.’ - Steve Clark

GOLD: $1644.82 USD +3.45 +0.22% Gold has risen $3 USD within the day.

Biggest Bitcoin Transactions of the Day
🚨 1001 Bitcoin ($7,912,439 USD) transferred from OKEx ➡️ Unknown Wallet
Beyond Technical AnalysisBitcoin (Cryptocurrency)CryptocurrencyOTCSupport and ResistanceTrend Analysis

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