Af NewsBTC - 2 år siden - Læsetid: 3 minutter
"Trendnes far" og indikatoren, der siger Bitcoin Er stadig Bullish
Hvornår Bitcoin price is in an uptrend or a downtrend, it is usually obvious and undeniable due to just how powerful things can move. For example, the cryptocurrency soared from $3,800 to $65,000 during the most recent impulse.
Although there was a large setback, a trend-identifying indicator created by the “Father of Trend Following” suggests that Bitcoin is as bullish as ever, and after a defense of an important conflict line, the cryptocurrency is ready to blast off higher.
Bitcoin Uptrend That’s Not Yet Ready To EndAfter Black Thursday in 2020, Bitcoin price went on a year-long uptrend that came to a climax this past April around the same time Coinbase Global (COIN) was listed on the Nasdaq.
Den første kryptovaluta nogensinde steg med mere end 1,500 % og nåede mere end en markedsværdi på 1 billion USD. Korrektionen udslettede mere end 60 % af den og efterlod markedet nok til at stille spørgsmålstegn ved, om cyklussen var afsluttet.
Relateret læsning | Hvilket bjørnemarked? Tyre Nu "I Control" Over Every Bitcoin Tidsramme
Mixed signals are everywhere, with many pointing toward a bear market, with others are saying the integrity of the bull market was never quite broken. Sideways price action following the selloff has made the current trend a lot less clear.
However, zooming out using the Donchian Channels technical indicator on monthly timeframes, the uptrend holding becomes a lot more visible – especially when comparing past market cycle tops.
After defending the median, bulls should make a push higher causing the upper band to rise | Source: BTCUSD on TradingView.com All About The Donchian Channels And How To Use ThemThe Donchian Channels indicator was created by Richard Donchian in the mid-20th century. He was later nicknamed “The Father of Trend Following.”
Selve værktøjet bruges til at hjælpe med at identificere trends. Et aktiv begynder at trende efter at have passeret medianen, som fungerer som en konfliktlinje mellem bjørne og tyre. Udvidelse af bullish eller bearish energi får så kanalbåndene til at udvide sig.
Relateret læsning | Proof-of-Work: Bitcoin Tilbage programmer, der får dine penge til at arbejde for dig
Medianen defineres bedst som et "middel", som aktiverne vender tilbage til efter en periode med trending. Et vellykket forsvar af medianen resulterer typisk i endnu en bølge til den primære tendens. Hvis den tendens er oppe, som hvad Bitcoin prisen vises i øjeblikket, så skulle den øvre kanal teoretisk udvides, når priserne stiger højere.
Past bear markets in Bitcoin began when the median was lost, which caused the asset to trend toward the lower channel band instead. And past bull markets each had several pauses in the upper channel before another push higher was made. Could the recent pullback just be the first of many more to come as Bitcoin climbs toward the eventual climax to the current market cycle?
Donchian Channel on the monthly says #Bitcoin still plenty bullish after defense of the median. Donchia-say you weren't warned. pic.twitter.com/LMPwBGR5RP
— Tony "The Bull" Spilotro (@tonyspilotroBTC) 18. august 2021
Følg @TonySpilotroBTC på Twitter eller via TonyTradesBTC Telegram. Indhold er lærerigt og bør ikke betragtes som investeringsrådgivning.
Fremhævet billede fra iStockPhoto, diagrammer fra TradingView.comOprindelig kilde: NewsBTC