Bitcoin Loses Momentum, Why $40k Is A Key Level For Future Gains

Le NewsBTC - 2 bhliain ó shin - Am Léitheoireachta: 3 nóiméad
Dé hAoine, 14 Eanáir, 2022 6:00 PM

Bitcoin Loses Momentum, Why $40k Is A Key Level For Future Gains

Bitcoin has been rejected near the $44,000 price and has been moving sideways since earlier this week. The benchmark crypto could make another attempt to break this resistance levels but will most likely remain range bound until $50,000 and $53,000 are reclaim.

Léitheoireacht Ghaolmhar | Bitcoin Aims For $48K? BTC Reacts Upward To U.S. Inflation Report

Am an phreasa, Bitcoin trades at $42,341 with a 3.5% loss in the past day.

BTC’s price has performed positively after the U.S. Consumer Price Index (CPI) print, a metric used to measure inflation. Before the report came out, the order book for Bitcoin was clear and has been re-arranging during the week forming new levels of support near $38,000 and $40,000.

Léiríonn sonraí ó Tháscairí Ábhar cnuasach tábhachtach d’ordú tairisceana faoi bhun leibhéil reatha praghais BTC a thugann le tuiscint, sa ghearrthéarma ar a laghad, go leanfaidh tairbh ag cosaint an marc praghais $40,000. Mar a fheictear thíos, tá os cionn $20 milliún in orduithe tairisceana thart ar na leibhéil sin.

In that sense, analyst firm Jarvis Labs believes Bitcoin could see some weeks of relief and less selling pressure. This is supported by a bullish divergence in their 30-Day Returns for Bitcoin, as seen below whenever this metric returns to the 0% in that threshold BTC trends to the upside.

The bounce has been driven mainly by retails investors, according to the firm, as measure by Bitcoin’s Accumulation Trends for the past month. Jarvis Labs added the following:

Léiríonn na scóir treochta carntha ar bhonn 30D go bhfuil muinín ag an miondíol carnadh ar an íochtair cé go mbíonn drogall ar na míolta móra é sin a dhéanamh. Léiríonn scóir ar bhonn 7D an iompar céanna i gcodarsnacht leis an éagsúlacht a chonaic muid i mí na Nollag.

Two of Jarvis Labs’ metrics remain in the red, specifically those related to the amount of Bitcoin coins on the move and the amount of BTC compared with the amount of stablecoins in the market. This suggest some investors are selling at a loss and others are taking profits as the price reached $44,000.

Ina theannta sin, bhí Jarvis Labs in ann a chinneadh nach raibh sealbhóirí fadtéarmacha curtha as an áireamh ag an ngníomh praghais bearish. Tá a meánphraghas nó an praghas réadaithe tite ag sealbhóirí gearrthéarmacha ó $53,000 go $50,900 rud nach bhfuil aon bhagairt láithreach ar phreab faoisimh, ach mar a dúirt an gnólacht, rannchuideoidh siad le ceartúcháin amach anseo.

Takeaways (3): – Oculus drop alerts for BTC (43900) and ETH (3370) levels will likely lead BTC to consolidation before rising to 46-48k resistance levels. – Q1 rally would be a profit-taking period for most investors, as many VC unlocks and Fed activities are to come in Q2.

— JarvisLabs (@Jarvis_Labs_LLC) January 13, 2022

As NewsBTC reported, Jarvis Labs has been waiting for some impact on the derivatives sectors in order for BTC to trend higher. That time seems to be here with negative funding for futures contracts on exchanges Binance, FTX, and most crypto platforms.

Léitheoireacht Ghaolmhar | TA: Bitcoin Bounces To $42K, Why BTC Could Recover To $43.5K

Má leanann an mhéadracht seo ar aghaidh ag bogadh isteach i gcríoch dhiúltach de réir mar a théann praghsanna chun cinn, d’fhéadfadh sé go mbeadh slógadh níos inbhuanaithe le tuiscint. Sa chiall sin, chuir Jarvis Labs an méid seo a leanas ar Ús Oscailte (OI), líon na gconarthaí iomlána a thrádáiltear thar malartuithe, agus a dtionchar ar phraghas BTC:

Tá an t-athrú ar ús oscailte/caipín margaidh ag ardú suas le buaicphointí an tsamhraidh in 2021 a mheaitseáil. De réir mar a thosaíonn an praghas ag ardú anois, tá an mhéadracht seo ag tosú ag titim, rud a thugann le fios go bhfuil géarghá eile indéanta.

Foinse bunaidh: NuachtBTC