Bitcoin Ich stecke in den Wolken fest, aber es könnten bessere Tage bevorstehen

Von NewsBTC – vor 2 Jahren – Lesezeit: 3 Minuten
Fr, 13. August 2021, 8:00 Uhr

Bitcoin Ich stecke in den Wolken fest, aber es könnten bessere Tage bevorstehen

Bitcoin price is stuck at around $46,000 unable to push higher despite some strong momentum and buying at its back. The reason for the resistance, is because the leading cryptocurrency by market cap has its head caught in the clouds.

Sobald sich diese Wolken jedoch lösen, könnte dies wieder zu viel sonnigeren Tagen auf dem Kryptowährungsmarkt führen.

Bitcoin price has whipsawed back and forth by more than 50% during 2021. The most recent recovery from lows has momentum behind it, but has taken a pause at the current level.

The area where the top cryptocurrency is stuck, is in a confluence of cloud resistance across several high timeframes, according to the Ichimoku indicator. Ichimoku Kinko Hyo loosely translates to “one glance equilibrium chart” or “instant look at the balance chart” in Japanese.

Verwandte Lektüre | Welcher Bärenmarkt? Bullen haben jetzt „die Kontrolle“ über alle Bitcoin Zeitrahmen

It was created by Japanese journalist Goichi Hosoda and has a variety of functions and uses. It can signal when to buy or sell an asset, when an asset is bearish or bullish, or in this case, where support and resistance might be.

The Chikou-span or the lagging span, is plotted backward and only one way support or resistance can be found. Other spans, such as the Tenkan-sen and Kijun-sen, also act as such. Finally, the kumo or cloud can also act as resistance as we’re seeing across several high Bitcoin Zeitrahmen.

On the 2-day through the 5-day, Bitcoin price is touching the top of the Ichimoku cloud. A decisive close outside it, along with a retest that holds should send the cryptocurrency back to all-time highs. Rejection here could cause a push back to the bottom of the cloud.

The level also matches up with the Tenkan-sen resistance on weekly timeframes. The Tenkan-sen, also called the base line, is moving sideways on the weekly timeframe suggesting Bitcoin is consolidating. A downtrend would show with a corresponding move down in the base line.

On the right hand side, however, we’ve got the monthly Bitcoin chart which is the most bullish of all. At just a glance, there’s very little resistance above Bitcoin price currently.

Related Reading | Bearish Bitcoin Signal Could Send Bulls To Early “Grave”

Die Kursbewegung liegt über dem Tenkan-Sen und Kijun-Sen, der Wolke, und es gibt nur einen scharfen Anstieg von etwa 60,000 USD pro BTC.

If Bitcoin can take out that level, there’s no resistance left and price discovery should resume across crypto.

#Bitcoin is touching Ichimoku resistance on most time-frames except monthly. Very little resistance there. New ATHs ahead. pic.twitter.com/hytiJZcTxB

— Tony „The Bull“ Spilotro (@tonyspilotroBTC) 13. August 2021

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Originalquelle: NachrichtenBTC