クリプトドットイン

暗号に強い人材のためのオルタナティブ・リンクトイン

Bitcoin Bottom Not In Yet? Analyst Sees Higher Odds Of Drop Below $61K

Bitcoin’s derivatives market has yet to fully heal from a violent shakeout last October, when roughly 71,000 BTC worth around $11 billion was wiped from open interest across major exchanges.

Total open interest has not recovered to pre-event levels, leaving a gap of more than 24,000 BTC that signals many traders are still sitting on the sidelines.

Derivatives Damage Still Visible

That cautious positioning sits at the center of growing concern about where Bitcoin heads next. The world’s largest cryptocurrency closed May at $73,560, down 3.40% for the month, and at least two closely watched analysts say the slide may not be over.

Prominent on-chain analyst PlanB framed the debate plainly. He said the market is roughly split on whether the February low near $60,000 marked the bottom of this cycle or whether a steeper drop is still ahead, and based on his reading of the data, he leans toward more downside.

PlanB’s view rests on a chart tracking how much of the total Bitcoin supply is currently sitting in profit. In past bear market cycles, major bottoms typically formed when only a small share of holders were in the green and fear was widespread.

Right now, data shows a higher proportion of holders still in profit compared to those historical trough periods, which PlanB says means the market has not yet hit the kind of full panic, or capitulation, that usually marks a true bottom.

Two Levels Now In Focus

He puts the odds of prices moving lower above 50%, with two long-term indicators as potential landing zones. The 200-week moving average sits near $61,000 and has held as strong support in previous downturns. The realized price, which reflects the average cost basis across the entire Bitcoin supply, is near $53,000.

Trader Ted Pillow flagged a nearer-term threshold. He said a daily close below $70,000 could trigger a fresh wave of selling, noting that the level has absorbed repeated pressure in recent weeks and that losing it would likely shake short-term trader confidence.

What Needs To Happen For A Bottom

The picture that emerges from both analysts is one of a market waiting for a cleaner flush before conditions line up for a sustained recovery. Open interest on the derivatives side remains depressed, sentiment is fragile, and the percentage of holders in profit has not fallen to the lows that have historically coincided with cycle bottoms.

PlanB said prices could fall below $61,000, with the 200-week moving average offering the first major test and the realized price near $53,000 representing a deeper level of potential support. Bitcoin would need to move toward either of those levels for the current setup to more closely resemble the bottoming patterns seen in prior cycles.

Featured image from Unsplash, chart from TradingView


コメント

コメントを残す

メールアドレスが公開されることはありません。 が付いている欄は必須項目です

最新フィード

人気カテゴリー

ウェブサイトを検索

人気記事

タグ

#AlexeyPertsev (1) #Bidenクリプトバン (1) #Biden選挙 (1) #BinanceVsCoinbase (1) #ビットコイン (444) #BitcoinETF (3) #ビットコイン基礎知識 (1) #ビットコインの取り扱い (1) #Bビットコイン価格 (5) #BitcoinPriceLevel (1) #BitcoinPump (1) #BitcoinReserve (1) #ビットコイン・サージ (1) #Bitcoinトップ (1) #Bitfinex (1) #ビットワイズ (1) #BracebridgeCapital (1) #BRC20トークン (1) #BTC取得 (1) #Bullish予測 (1) #Bullishセンチメント (1) #中国鉱業 (1) #CPプレビュー (1) #CryptoAsset (2) #CryptoBattle (1) #CryptoBoom (1) #CryptoExpert (1) #CryptoInsights (1) #クリプトマニア (1) #CryptoMarket (4) #CryptoPrediction (1) #Crypto予測 (1) 1TP5トリプトレギュレーション (2) #CryptoTakeoff (1) #CryptoTiming (1) #CryptoTips (1) #CryptoTreasury (1) #CryptoUncertainty(暗号の不確実性 (1) #Dデリバティブジャンプ (1) #Dogecoin (74) #Dogecoinゲイン (1) #Dogecoinボリューム (1) #ダッチコート (2) #ECコマース (1) #ElSalvadorビットコイン (1) #Ethereum (71) #EthereumPain (1) #EthereumPrice (1) 1TP5専門家の意見 (1) #Fedレートカット (1) #FiatCurrency (1) #フィナンシャル・インパクト (1) #フィナンシャル・プライバシー (1) #Firmシャットダウン (1) #F凍結アカウント (1) 1TP5自己資金 (1) #InflationData (1) 1TP5投資 (1) 1TP5投資損失 (1) #日本ファーム (1) #法的措置 (1) 1TP5法的影響 (1) #法律 (1) #LightningNetwork (1) #市場分析 (3) #Mマーケットモニタリング (1) #M市場予測 (1) #市場予測 (1) #M市場予測 (1) #Mマーケットサポート (1) #マーケットボラティリティ (1) #マリッジ (1) #MemeCoin (5) #Memeコイン (2) #Miner収益性 (1) #マネーロンダリング (2) #MtGox (4) #北朝鮮暗号 (1) #ノボグラッツ予想 (1) #Priceマイルストーン (1) #P価格予測 (2) #Price質問 (1) #プライスサージ (1) #Prisonセンテンス (1) #QuantAnalysis (1) 1TP5規制圧力 (1) #SECアンチクリプト (1) #ShibaInu (6) #SocialBuzz (1) #技術分析 (1) #トンコイン (3) #トルネードキャッシュ (3) #TornadoCashDev (1) #TornadoCashデベロッパー (1) #UKクリプト (1) #Upsideポテンシャル (1) #USCongress(米国議会 (1) #ワイオミングランド (1) #XRP価格 (1) #XRPupswing (1)

お役立ちリンク

私が役に立ち、共有したいと思ったリンク