cryptd.in

另类 LinkedIn 适合加密人才

Don’t Trust Bitcoin’s Bounce Now, Analyst Warns Capitulation Is Still Ahead

Bitcoin’s price rebound since the Friday massacre to $59,000 drove the asset north to $64,000 earlier this morning, perhaps driven by some positive developments on the US-Iran war front.

One analyst, though, believes this price recovery is not the full story and warned about another major retracement.

BTC Jumps to $64K

The primary cryptocurrency plunged below $60,000 on Friday for the first time since before the US presidential elections in November 2024. This new local low was the culmination of a weeks-long correction that began in mid-May when the asset was rejected at $82,000.

It managed to rebound to just over $60,000 relatively quickly and bounced to $62,000 over the weekend. It experienced some volatility yesterday evening when Iran struck Israel in retaliation for attacks against Lebanon. However, US President Donald Trump condemned all the strikes and said that his country and Iran might be closer to a peace deal that could be announced in the following few days.

BTC jumped to $64,200 in a promising wick, but was quickly stopped and now sits at around $63,000. Most altcoins followed the fluctuations, leading to another uptick in the liquidations from the futures field. The total value of wrecked positions has risen to well past $600 million daily, shows CoinGlass data. This time, though, short liquidations dominate with $467 million.

Liquidation Data on CoinGlass
Liquidation Data on CoinGlass

Don’t Trust The Pump

Popular analyst Merlijn The Trader predicted BTC’s bounce following the $59,000 low, but cautioned that this is not the full story. He based his analysis on the 2022 bear market, when the cryptocurrency had already retraced hard but then rebounded in a similar manner. However, the actual capitulation was still in play and followed after some investors had already hopped on.

If history repeats now, Merlijn predicted a price surge toward $65,000-$70,000 before the ultimate leg down drives the asset to a proper DCA zone between $48,000 and $59,000.

职位 Don’t Trust Bitcoin’s Bounce Now, Analyst Warns Capitulation Is Still Ahead 首次出现在 加密土豆.


评论

發佈留言

發佈留言必須填寫的電子郵件地址不會公開。 必填欄位標示為 *

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 (445) #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 (73) #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。