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«Яшчэ не час занадта хвалявацца», папярэджвае эксперт Bitcoin Усё яшчэ можа сутыкнуцца з больш глыбокай карэкцыяй
Scott Melker, the host of The Wolf of All Streets podcast and crypto trader, has cautioned investors against getting too excited by Bitcoin’s recent pump, suggesting that the crypto asset could still акунуцца ніжэй.
In a newsletter to more than 800k Twitter followers, the pundit attempted to measure the asset’s “possible bottom” by illustrating five of the worst Bitcoin corrections in history. These included the Nov 2013 – Jan 2015 (-86.9%); Dec 2017 – Dec 2018 (-84.12%); Apr 2013 (-82.65%); June 2019 – Mar 2020 (-72.26%) and the April 2021 – June 2021(-55.95%) bear markets.
According to him, considering Bitcoin’s price has dropped by approximately 76.59% in the past year, it would have to drop another 48.84% to reach April 2013 bear market levels. This would mean $220B, or half of the current Bitcoin market capitalization, being wiped from the market, which he said was “unlikely”.
«Для Bitcoin to go an inch lower than the current bottom at $15,800, it would need to drop 31.2% from current levels. Still a sizeable drop.” Ён дадаў.
Не занадта хутка
The pundit warned investors against getting too excited, commenting on this month’s pump, urging them to drop the “Bitcoin up only” assumption.
"Тым не менш, я не думаю, што час занадта хвалявацца. Мы толькі ў першым месяцы года, і мы ведаем, што адбудуцца карэкцыі і што найбольшыя ралі часта адбываюцца на мядзведжых рынках», сказаў ён.
25 студзеня г.г. Bitcoin surged as high as $23,800 before tracing its move to settle below the $23,250 resistance.
Па словах Мелкера, гэта супраціўленне можа стаць сур'ёзнай перашкодай для цаны, з вялікім пад'ёмам на 4-гадзінным графіку, што сведчыць аб тым, што гэтая вобласць была "захопам ліквіднасці для шортаў".
«Я б працягваў з асцярогай», адзначыў ён, падкрэсліваючы, што мала што можна зрабіць, калі толькі свечкі не зачыняцца вышэй або ніжэй гэтага супраціву. «Хоць гэтага можа і не адбыцца, я ўсё яшчэ шукаю выпраўленні», - працягваў ён.
Bitcoin’s Resilience Is Improving
Melker noted that Bitcoin had become more resilient over the years, considering the sheer number of catalysts and заразы, звязаныя з рынкам behind its drop compared to other bear markets. He also noted that the pioneer cryptocurrency had attracted a floor of die-hard believers who would increasingly make it harder to drive Bitcoin’s price drastically by offering adequate liquidity.
Паводле яго слоў,
"If we are being honest with ourselves, we should feel lucky if Bitcoin does not drop more than it did in 2017...The catalysts for this current correction are far more serious. This proves that Bitcoin is strengthening over time and will probably continue to soften its gains and losses in each cycle.
Падчас прэсы Bitcoin (BTC) was exchanging hands at $23,181, up 0.61% in the past 24 hours.
Арыгінальны крыніца: ZyCrypto