- BTC price has risen nearly 65% off its low in July
- BTC Price has finally cleared the 200MA
- RSI is printing a bearish divergence
A BTC Bulls már kimerült?
Bitcoin price has finally broken out of its near 2 month range below $40,000. After nearly 3 months of boring downtrend, the bulls have awoken from their slumber & pushed BTC to nearly $50,000. The overall market has followed BTC’s lead as some alt coins have surged nearly 300% from their lows. After an $18,000 pump in 3 weeks, traders are wondering when a pullback will occur. It seems as if price has been losing steam the last few days which may indicate a short term pullback is near. This will allow BTC to continue rising in a healthy manner.
Ever since the low of $29,000 was set, Bitcoin has surged nearly 70% to $48,000. The BTC price action over the last week has formed a rising wedge, which is shown in light blue. This is a bearish pattern & will activate once price breaks the bottom trend of the pattern.
At the time of writing, BTC price has stalled at its major resistance zone found from $48,000- $50,000. For BTC to negate this bearish pattern it must break & hold this resistance zone. If this occurs , price will likely break the top trend of its rising wedge & potentially go on to surge past $50,000.
BTC árelemzés: BTC / USDT 1 napos diagram
Just over the past week, bulls have managed to break two very important marks. The first being a long term trend line & the second being the 200MA which has acted as resistance for nearly 3 months. In the likely case that BTC fails to break over its major resistance zone, price will have support at $44,700, the long term trend line & the 200MA. All of these marks are in the same general area & breaking below these will cause a cascade of selling back to at minimum the minor support found at $42,500. The healthiest scenario would be for BTC to retrace back to the major support zone found at $38,000-$40,100. This would retest the previous two month resistance as support and will pave the way for $50,000+.
- The Stochastic RSI has been attempting to reenter the overbought territory but has failed to do so the last few days. This has created a bearish divergence which occurs when the price makes a higher high but strength makes a lower high.
- If strength breaks below the 50 value, BTC will likely revisit $42,000s.
- The regular RSI has also printed a bearish divergence & has formed a pennant the last few days. A break below the bottom trend will trigger the bearish rising wedge to play out.
BTC napon belüli elemzés
- Spot-ráta: 47,000 XNUMX USD
- Trend: bullish
- Volatilitás: Magas
- Támogatás: 44,800 USD
- Ellenállás: 48,000 USD
Iratkozzon fel hírlevelünkre ingyen
- &
- 000
- 100
- Akció
- Minden termék
- elemzés
- TERÜLET
- esetlen
- Bitcoin
- BTC
- btc ár
- BTC / USDT
- Bulls
- Okoz
- Coingape
- érmék
- tartalom
- folytatódik
- cryptocurrencies
- nap
- Végül
- pénzügyi
- vezetéknév
- általános
- Magas
- tart
- HTTPS
- befektetés
- IT
- vezet
- fény
- vonal
- Hosszú
- fontos
- piacára
- piackutatás
- hónap
- Közel
- Hírlevél
- Vélemény
- Mintás
- ár
- Árelemzés
- hatótávolság
- kutatás
- készlet
- Megosztás
- rövid
- So
- Gőz
- támogatás
- túlfeszültség
- idő
- felső
- Kereskedők
- érték
- hét
- írás