Bitcoin pogodio smrtni križ slikajući strašnu sliku naprijed

The world’s largest cryptocurrency Bitcoin (BTC) witnessed a brutal crash last week along with the collapse of the Terra ecosystem. Since then, the Bitcoin price has been flirting around $30,000 but has failed to give a daily close above it.

A major red sign on the technical charts is that Bitcoin has crossed a 3-day red chart! The last two times this happened, the BTC price corrected by a staggering 50%. If Bitcoin repeats this performance, we are heading all the way down to $15,000. Popular crypto analyst Lark Davis piše:

Interesting observation on the Bitcoin 3 day death cross. The last two times, the bottom was reached 6 days and 10 days after the cross. Did we reach the low one day before cross this time? Or one more crash? *** lagging indicator, past performance does not indicate future. 

Amid the recent market correction, there’s a huge inflow of BTC at the exchanges. As on-chain data provider Glassnode objašnjava: “Bitcoin Number of Addresses Sending to Exchanges (7d MA) just reached a 4-year high of 7,918.940 Previous 4-year high of 7,903.512 was observed on 13 May 2021”.

Furthermore, the RSI chart shows that Bitcoin isn’t oversold anytime at this point. Thus, investors might want to wait for some more time before chipping in.

Akumulacija bitcoina se nastavlja

On-chain data provider Glassnode reported that during the major price correction last week, the BTC accumulation continued. Glassnode presented an Accumulation Trend Score, the value of which reached closer to 1. The on-chain data provider piše:

On Thursday 12-May, when the market was at the lowest, the Accumulation Trend Score reversed from very weak values below 0.3, to return values upwards of 0.796. Supporting the Bitcoin price bounce back into the $30ks, the Score returned values above 0.9 for the remainder of the week, suggesting strong buy side activity took place.

However, Glassnode explains that small holders with <1 BTC were the biggest accumulators. However, investors holding 100 BTC to 10k BTC showed overall weakness in the net accumulation.

Bhushan je FinTech entuzijast i ima dobar osjećaj u razumijevanju finansijskih tržišta. Njegovo zanimanje za ekonomiju i financije skreće mu pažnju prema novim Blockchain tehnologijama i tržištima kriptovaluta. Konstantno je u procesu učenja i drži se motiviran dijeljenjem stečenog znanja. U slobodno vrijeme čita romane o trilerima, a ponekad istražuje svoje kulinarske vještine.

Predstavljeni sadržaj može sadržavati lično mišljenje autora i podložan je tržišnim uslovima. Istražite tržište prije nego što investirate u kriptovalute. Autor ili publikacija ne snosi nikakvu odgovornost za vaš lični finansijski gubitak.