cryptd.in

另类 LinkedIn 适合加密人才

Bitcoin Has Exited Capitulation Regime as Momentum Rebuilds: Analysts

Bitcoin momentum is rebuilding, but confirmation has not arrived yet, said analytics platform Swissblock on Monday as BTC tapped a five-week high of $65,700.

“Bitcoin has exited its capitulation regime and is once again inside the transition area,” they added.

Swissblock identified the current area as “where a new impulse begins, or momentum fades back into weakness.”

Where to Next for Bitcoin?

It added that the next test is clear and it needs to “reclaim the ignition line” to push above the “next Inflection point.” “Every sustained rally began with this sequence, but not every transition has succeeded,” it said.

Bitcoin has been in the capitulation zone since early June when it fell below $70,000, having remained below it ever since. It hit a current cycle low of around $58,000 at the end of June and has been trending higher ever since, gaining 12% over the past three weeks, which has moved it into a higher momentum or transition zone.

CryptoQuant analyst ‘Darkfost’ 说过 on Monday that Bitcoin has spent 95% of its time at a higher MVRV. This metric compares market cap, calculated as price multiplied by supply, with its realized value, which reflects the price of each coin when it last moved.

“This shows just how significantly undervalued BTC is today compared to its historical evolution.”

Meanwhile, crypto trader ‘Daan’ said the $65,000 level has capped price for the entirety of July so far, before adding:

“But I do think the longer price spends here, the more likely the $65K level is to break. Especially with the higher lows being made over the past 3 weeks.”

BTC Price Outlook

Bitcoin was trading at $65,500 at the time of writing, following a 1% gain on the day. It tapped $65,700 in late trading on Monday, which is its highest level since June 15 when it topped $67,000 briefly.

Zooming out shows that the asset remains within a seven-week range-bound channel, but at resistance at the upper bounds of that channel.

“If BTC breaks above $66K, the next key level to watch is $66,700,” 说过 Alphractal founder and CEO Joao Wedson.

“This is the Structural Midline, a key on-chain level from the Structural Market Bands that has historically acted as a highly reliable reaction zone,” he said before adding that bears will likely try to regain control around this area.

职位 Bitcoin Has Exited Capitulation Regime as Momentum Rebuilds: Analysts 首次出现在 加密土豆.


评论

发表回复

您的邮箱地址不会被公开。 必填项已用 * 标注

最新信息

热门类别

搜索网站

热门故事

标签

#AlexeyPertsev (1) #BidenCryptoBan (1) #BidenElection (1) #BinanceVsCoinbase (1) #Bitcoin (455) #BitcoinETF (3) #itcoinFundamentals (1) # 比特币处理 (1) # 比特币价格 (5) # 比特币价格水平 (1) #BitcoinPump (1) #BitcoinReserve (1) #BitcoinSurge (1) #itcoinTop (1) #Bitfinex (1) #Bitwise (1) #BracebridgeCapital (1) #BRC20Tokens (1) #BTC 收购 (1) 1TP5 看涨预测 (1) #BullishSentiment (1) #C 中国矿业 (1) #CPIPreview (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) #ogecoinGains (1) #ogecoinVolume (1) #DutchCourt (2) #ECommerce (1) #El萨尔瓦多比特币 (1) #E以太坊 (74) #EthereumPain (1) #E以太坊价格 (1) #ExpertOpinion (1) #FedRateCut (1) #FiatCurrency (1) #F 财务影响 (1) #F 财务隐私 (1) #FirmShutdown (1) #FrozenAccounts (1) #IllicitFunds (1) #InflationData (1) #Investment (1) #InvestmentLoss (1) #JapaneseFirm (1) #L LegalAction (1) #L 法律影响 (1) #Legislation (1) #LightningNetwork (1) #M 市场分析 (3) #M 市场监测 (1) #M 市场预测 (1) #M 市场预测 (1) #M 市场投影 (1) #M 市场支持 (1) #M 市场波动性 (1) #M 婚姻 (1) #MemeCoin (5) #MemeCoins (2) #Miner 盈利能力 (1) #M 洗钱 (2) #MtGox (4) #朝鲜加密货币 (1) #诺沃格拉茨预测 (1) 1TP5价格里程碑 (1) #P 价格预测 (2) 1TP5价格问题 (1) #PriceSurge (1) #PrisonSentence (1) # 量化分析 (1) #R 监管压力 (1) #SECA Anti-Crypto (1) #ShibaInu (6) #SocialBuzz (1) #T 技术分析 (1) #Toncoin (3) #T 龙卷风现金 (3) #T 龙卷风现金发展项目 (1) #T 龙卷风现金开发者 (1) #UKCrypto (1) #UpsidePotential (1) #USCongress (1) #WyomingLand (1) #XRPPrice (1) #XRPupswing (1)

实用链接

我发现了一些有用的链接,希望与大家分享。