Bitcoin De volta abaixo de US$ 30,000 após um recorde de 8 semanas no vermelho

By Bitcoin Revista - 1 ano atrás - Tempo de leitura: 3 minutos

Bitcoin De volta abaixo de US$ 30,000 após um recorde de 8 semanas no vermelho

Bitcoin decoupled from equity markets to the downside on Monday after ending last week as the eighth consecutive weekly loss.

Bitcoin has failed to hold the $30,000 level on Monday after scoring its eighth consecutive week in the red for the first time ever.

During these eight weeks, which began in late March and ended on Sunday, bitcoin has lost over 35% of its U.S. dollar value according to TradingView dados. Antes do início da seqüência de derrotas, o BTC era negociado em torno de US$ 46,800.

Bitcoin has scored losses for eight consecutive weeks for the first time in its history and it is starting the ninth with yet another red candle. Image source: TradingView.

Bitcoin is changing hands slightly below $30,000 at the time of writing. The peer-to-peer currency climbed as high as $30,600 earlier on Monday to trade at around $29,400 as the trading in equity markets nears its end in New York.

Enquanto bitcoin turns south, major U.S. stock indices have been in the green. The Nasdaq, which is said to be highly correlated with bitcoin, decoupled from the digital money along with the S&P 500 to denote modest gains near market close on Monday, per TradingView data.

Enquanto bitcoin, Nasdaq and S&P 500 were trading in tandem for some time on Monday, the P2P currency saw a sharp sell-off decouple it from the two indices and take it to a more than 3% loss for the day. Image source: TradingView.

A Tough Year For Bitcoin

Despite making two new all-time highs in 2021, bitcoin already erased nearly all of those gains in 2022.

Bitcoin’s choppy trading year so far can be partly attributed to a broader sentiment of economic uncertainty as the Federal Reserve tightens the U.S. economy, withdrawing liquidity from the market after almost two years of quantitative easing.

O banco central já aumentou as suas taxas de juro básicas duas vezes este ano, a última das quais foi o dobro da magnitude da anterior e representou a maior subida em duas décadas: enquanto a Fed aumentou as taxas de juro em 0.25% em março, isso os criou por 0.50% no início deste mês.

Fonte da imagem: Dados Econômicos do Federal Reserve (FRED).

Quando o Fed aumenta ou diminui as taxas de juros através do seu Comitê Federal de Mercados Abertos (FOMC), o que está realmente fazendo está definindo um intervalo alvo. O gráfico acima mostra os limites inferior e superior desse intervalo alvo em vermelho e azul, respectivamente.

Embora o sistema do banco central dos EUA defina a meta, não pode exigir que os bancos comerciais a utilizem – pelo contrário, serve como uma recomendação. Portanto, o que os bancos acabam usando para emprestar e tomar emprestado o excesso de dinheiro entre eles durante a noite é chamado de eficaz avaliar. Isso é mostrado pela linha verde no gráfico acima.

A Fed aumentou anteriormente as taxas de juro de forma consistente entre 2016 e 2019, até despencá-las para perto de zero na sequência do surto pandémico da COVID-19, conforme indicado no gráfico.

Bitcoin’s higher sensitivity to liquidity and therefore interest rates can be explained by a greater participation of institutional investors in the market, whose allocations are based on the availability of capital and broader economic conditions, Morgan Stanley teria dito.

Portanto, enquanto Bitcoin was able to sustain a bull market in the midst of the Fed increasing interest rates in 2017, raising nearly 2,000% from January to December that year, the odds aren’t on the side of the bulls this year.

For two weeks, bitcoin has now closed below a level of weekly support it formed over a year ago and had respected since, indicating it might be turning into a zone of resistance. Image source: TradingView.

Fonte original: Bitcoin Magazine