ZyCrypto විසින් - 1 වසරකට පෙර - කියවීමේ වේලාව: විනාඩි 2 යි
“Not Time to Get Too Excited Yet”, Pundit Warns Bitcoin Could Still Face Deeper Correction
Scott Melker, the host of The Wolf of All Streets podcast and crypto trader, has cautioned investors against getting too excited by Bitcoin’s recent pump, suggesting that the crypto asset could still පහළට ඇද වැටේ.
In a newsletter to more than 800k Twitter followers, the pundit attempted to measure the asset’s “possible bottom” by illustrating five of the worst Bitcoin corrections in history. These included the Nov 2013 – Jan 2015 (-86.9%); Dec 2017 – Dec 2018 (-84.12%); Apr 2013 (-82.65%); June 2019 – Mar 2020 (-72.26%) and the April 2021 – June 2021(-55.95%) bear markets.
According to him, considering Bitcoin’s price has dropped by approximately 76.59% in the past year, it would have to drop another 48.84% to reach April 2013 bear market levels. This would mean $220B, or half of the current Bitcoin market capitalization, being wiped from the market, which he said was “unlikely”.
"සඳහා Bitcoin to go an inch lower than the current bottom at $15,800, it would need to drop 31.2% from current levels. Still a sizeable drop.” ඔහු වැඩිදුරටත් පැවසීය.
ඉතා වේගවත් නොවේ
The pundit warned investors against getting too excited, commenting on this month’s pump, urging them to drop the “Bitcoin up only” assumption.
"තවමත්, මම හිතන්නේ නැහැ තවම කලබල වීමට කාලය පැමිණ නැත. අපි සිටින්නේ වසරේ පළමු මාසයේ පමණක් වන අතර නිවැරදි කිරීම් පැමිණෙන බවත් විශාලතම රැලි බොහෝ විට වලස් වෙලඳපොලවල පැමිණෙන බවත් අපි දනිමු. ඔහු කිව්වා.
ජනවාරි 25 වෙනිදා, Bitcoin surged as high as $23,800 before tracing its move to settle below the $23,250 resistance.
මෙල්කර්ට අනුව, එම ප්‍රතිරෝධය මිල සඳහා දැඩි බාධාවක් ඇති කළ හැකි අතර, පැය 4-ප්‍රස්ථාරයේ විශාල ප්‍රස්ථාරයක් මගින් ප්‍රදේශය “කොට කලිසම් සඳහා ද්‍රවශීලතා ග්‍රහණයක්” යැයි යෝජනා කරයි.
"මම පරිස්සමෙන් යන්නම්" එම ප්‍රතිරෝධයට ඉහළින් හෝ පහළින් ඉටිපන්දම් වැසෙන්නේ නම් මිස කළ හැකි දෙයක් නැති බව අවධාරණය කරමින් ඔහු සඳහන් කළේය. "එය සිදු නොවිය හැකි නමුත්, මම තවමත් නිවැරදි කිරීමක් සොයමින් සිටිමි" ඔහු මත ගොස්.
Bitcoin’s Resilience Is Improving
Melker noted that Bitcoin had become more resilient over the years, considering the sheer number of catalysts and වෙළඳපල ආශ්‍රිත බෝවන රෝග behind its drop compared to other bear markets. He also noted that the pioneer cryptocurrency had attracted a floor of die-hard believers who would increasingly make it harder to drive Bitcoin’s price drastically by offering adequate liquidity.
ඔහුගේ වචනවලින්
"If we are being honest with ourselves, we should feel lucky if Bitcoin does not drop more than it did in 2017...The catalysts for this current correction are far more serious. This proves that Bitcoin is strengthening over time and will probably continue to soften its gains and losses in each cycle.
මාධ්‍ය වේලාවේදී, Bitcoin (BTC) was exchanging hands at $23,181, up 0.61% in the past 24 hours.
මුල් මූලාශ්රය: ZyCrypto