Bitcoin Prisen eksploderer med 10 % bevægelse, men er dette starten på mere?

Af NewsBTC - 2 år siden - Læsetid: 2 minutter

Bitcoin Prisen eksploderer med 10 % bevægelse, men er dette starten på mere?

Bitcoin price in a flash is near $50,000 once again, after several retests of $40,000 rounded support holding strong. Extreme bearish sentiment due to Evergrande, a rising dollar, and more left the market in extreme fear, and expecting the worst.

The sudden surge took Bitcoin price more than 10% intraday from wick to wick, but technicals could suggest it is the start of something more. But before bulls are in the clear, there is a lingering bearish counter-signal that needs to be invalidated before a bigger rally can materialize.

Den øverste kryptokurrency foretog et overraskende træk i morges | Kilde: BTCUSD på TradingView.com Bitcoin Rallies 10% Intraday From Wick To Wick

A fearful fractal resembling Black Thursday has appeared in Bitcoin price action, which also has certain hallmarks of Wyckoff re-distribution. At the same time, the leading cryptocurrency is holding at high timeframe resistance turned support, and could be breaking out of a bull flag.

Den ubeslutsomhed mærkes i følelsen, hvilket har ført til et forvirret samfund i modstrid med hinanden, afhængigt af hvilken side af handelen de er på.

Relateret læsning | Astro Crypto: Sommer Bitcoin Nedtur kunne bringe rigelig høst i efteråret

$47 million worth of short positions were liquidated in what could have been a bull flag breakout, which has a target of closer to $80,000 per coin. Such a lofty target sounds shocking, but given the parabolic base-building in Bitcoin, isn’t impossible.

Og det hele kunne begynde nu, hvis en bearish divergens kan blive ugyldiggjort, før den bekræfter.

Bulls must beware the bear div over the weekend | Source: BTCUSD on TradingView.com Bearish Divergence Warns Of Possible Retest, But Depends On Bullish Momentum

The bearish divergence is on the daily RSI, but if there is enough strength, Bitcoin price will blast through it and it will be invalided. However, eager bulls should be wary of another plunge down due to the signal, which could ultimately retest the bull flag breakout as resistance turned support.

Bull -scenariet er muligvis mere sandsynligt på grund af andre signaler. LMACD er krydset bullish, og den daglige RSI hoppede fra en faldende trendlinje, der streamer fra toppen.

Relateret læsning | kunne A Bitcoin Tyreflag forlader bjørne blinde?

Bitcoin price has also tapped the Parabolic SAR on the daily timeframe, but volume has yet to arrive which could hint at a potential fake out or support the bearish divergence theory.

Hvad det hele går ud på, er, at enhver, der tager stilling nu, skal være forsigtig - i hvert fald indtil mere klarhed om retning afsløres. Overskridelse af $ 53,000 på den daglige tidsramme bør prime den bedste kryptokurrency for en pumpe mod den nuværende ATH, som den muligvis ikke stopper med det samme, den når dertil.

Følg @TonySpilotroBTC på Twitter eller via TonyTradesBTC Telegram. Indhold er lærerigt og bør ikke betragtes som investeringsrådgivning.

Fremhævet billede fra iStockPhoto, diagrammer fra TradingView.com

Oprindelig kilde: NewsBTC