cryptd.in

암호화폐 친화적인 인재를 위한 대체 링크드인

Is Bitcoin’s Rally at Risk? 4 Warning Signs After the ATH

-

by

cryptd.in
in

TL;DR

  • Some metrics signal that the BTC may be overheated and due for a short-term correction.
  • Among the bearish signals is the recent behavior of the miners, who have sold over 3,000 BTC in less than a week.

Can the Bears Regain Control?

Bitcoin (BTC) took center stage today (July 14), with its price reaching a historic peak of over $123,000. Its market capitalization exceeded $2.4 trillion, thus flipping Amazon and becoming the fifth-largest asset in the world.

The rally has undoubtedly infused a huge enthusiasm across the crypto community, and many expect the bull run to continue in the following days and weeks. However, investors should also be cautious, as there are some important factors suggesting that BTC could reverse its trajectory soon.

One such element is the Relative Strength Index (RSI), which has entered bearish territory at around 75. This indicates the valuation has risen too quickly over a short period and may be poised for a correction.

BTC RSI
BTC RSI, Source: CryptoWaves

Next on the list is BTC’s exchange netflow. The graph below shows that in the last four days, inflows have surpassed outflows, which usually leads to increased selling pressure.

BTC Exchange Netflow
BTC Exchange Netflow, Source: CryptoQuant

We now shift attention toward BTC’s Fear and Greed Index, which has remained in Greed or Extreme Greed territory since the end of June.

BTC Fear and Greed
BTC Fear and Greed, Source: alternative.me

This reflects rising optimism and growing demand for the asset, though it’s worth remembering that the crypto market is notoriously unpredictable, and the prices often move against the crowd’s expectations.

Bonus: the Miners

Another bearish factor is the recent activity of the miners. The popular X user Ali Martinez revealed that those industry participants have offloaded over 3,000 BTC in less than a week.

Sell-offs of that type could reflect a lack of confidence by the miners or their desire to take profits during the price pump. Either way, this leads to increased supply on the open market, which might be followed by a dip if demand doesn’t react accordingly. 

This demand, though, has been more than evident in the past few weeks. As 보고 yesterday, even smaller investors, such as those referred to as “shrimps,” “crabs,” and “fish,” have been accumulating more BTC per month than the average production by all miners.

게시물 Is Bitcoin’s Rally at Risk? 4 Warning Signs After the ATH 에 처음 등장 크립토포테이토.

댓글

답글 남기기

이메일 주소는 공개되지 않습니다. 필수 필드는 *로 표시됩니다

최신 피드

인기 카테고리

ko_KR 한국어
ko_KR 한국어 en_US English ro_RO Română et Eesti ja 日本語 ru_RU Русский de_DE Deutsch es_ES Español zh_CN 简体中文 fr_FR Français zh_TW 繁體中文 pt_PT Português it_IT Italiano pl_PL Polski tr_TR Türkçe nl_NL Nederlands id_ID Bahasa Indonesia el Ελληνικά uk Українська bg_BG Български cs_CZ Čeština fi Suomi hu_HU Magyar lv Latviešu valoda lt_LT Lietuvių kalba nb_NO Norsk bokmål sk_SK Slovenčina sl_SI Slovenščina sv_SE Svenska

웹사이트 검색

인기 스토리

태그

#AlexeyPertsev (1) #BidenCryptoBan (1) #BidenElection (1) #BinanceVsCoinbase (1) #B비트코인 (458) #BitcoinETF (3) #B비트코인기초 (1) #B비트코인 취급 (1) #B비트코인가격 (5) #B비트코인가격수준 (1) #B비트코인펌프 (1) #B비트코인예치 (1) #B비트코인서지 (1) #BitcoinTop (1) #Bitfinex (1) #B비트 단위 (1) #브레이스브리지캐피털 (1) #BRC20토큰 (1) #BTC취득 (1) #B울리스틱 예측 (1) #BullishSentiment (1) #C중국광업 (1) #CPIP리뷰 (1) #CryptoAsset (2) #CryptoBattle (1) #CryptoBoom (1) #CryptoExpert (1) #CryptoInsights (1) #CryptoMania (1) #CryptoMarket (4) #CryptoPrediction (1) #CryptoPredictions (1) #CryptoRegulation (2) #CryptoTakeoff (1) #CryptoTiming (1) #CryptoTips (1) #CryptoTreasury (1) #CryptoUncertainty (1) #DerivativeJump (1) #Dogecoin (74) #DogecoinGains (1) #DogecoinVolume (1) #DutchCourt (2) #ECommerce (1) 1TP5테엘살바도르비트코인 (1) 1TP5테더리움 (74) 1TP5테더리움통증 (1) 1TP5테더리움가격 (1) 1TP5전문가 의견 (1) #FedRateCut (1) #FiatCurrency (1) #FinancialImpact (1) #FinancialPrivacy (1) #FirmShutdown (1) #FrozenAccounts (1) #IllicitFunds (1) #인플레이션데이터 (1) #투자 (1) #투자손실 (1) #일본기업 (1) #LegalAction (1) #LegalImpact (1) #법률 (1) #라이트닝 네트워크 (1) 1TP5시장분석 (3) 1TP5시장 모니터링 (1) 1TP5시장 예측 (1) 1TP5시장 예측 (1) #MarketProjection (1) 1TP5마켓지원 (1) 1TP5시장변동성 (1) #M결혼 (1) #MemeCoin (5) #MemeCoins (2) #M광부수익성 (1) #MoneyLaundering (2) #MtGox (4) 1TP5북한암호화 (1) 1TP5노보그라츠예측 (1) #P가격 마일스톤 (1) #P가격 예측 (2) #P가격 질문 (1) #PriceSurge (1) #P형량 (1) #QuantAnalysis (1) 1TP5규제압력 (1) #SEC안티크립토 (1) #ShibaInu (6) #SocialBuzz (1) 1TP5기술분석 (1) #Toncoin (3) #TornadoCash (3) #TornadoCashDev (1) 1TP5토네이도캐시개발자 (1) #UKCrypto (1) #업사이드 잠재력 (1) #USCongress (1) #와이오밍랜드 (1) #XRP가격 (1) #XRP업스윙 (1)

유용한 링크

유용하다고 생각되어 공유하고 싶은 링크.