Bitcoin Weekend Rallies Prove To Be Short-Lived, Analysts Caution: 'Watching Closely...Before Drawing Any Firm Conclusions'
Bitcoin Weekend Rallies Prove To Be Short-Lived, Analysts Caution: 'Watching Closely...Before Drawing Any Firm Conclusions'
Bitcoin's (CRYTO: BTC) encouraging start to the week could evaporate sooner than expected, analysts issued a warning.
比特币 (数字货币：BTC) 在本周的良好开端可能会比预期更快地消失，分析人士发出警告。
What Happened: King Crypto led the market out of a correction phase over the weekend, and the positive momentum continued over to the first day of the new trading week. Bitcoin breached the $64,000 level for the first time in more than three weeks, spurring expectations of further gains.
发生了什么：加密货币之王在周末带领市场走出了修正阶段，积极的势头延续到了新的交易周的第一天。比特币突破了64000美元的关口，这是三个多星期以来的首次，引发了进一步上涨的期望。
However, analysts from cryptocurrency exchange Bitfinex believe the positive start could turn out to be a false promise.
然而，加密货币交易所 Bitfinex 的分析师们认为这个积极的开端可能会变成一个虚假的承诺。
In a note shared with Benzinga, the analysts stated that weekend-driven mini-rallies have been common over the past few months, but most fizzle out by mid-week.
在一份与 Benzinga 分享的笔记中，分析师们指出，周末推动的小型反弹在过去几个月中很常见，但大多数反弹都在中旬前结束。
"We are therefore watching closely how the start of this week plays out before drawing any firm conclusions about the market's possible future trajectory," the analysts cautioned.
“因此，在我们得出市场可能的未来走势之前，我们正在密切关注本周的开端是如何发挥作用的，”分析师们提醒道。
The analysts also brought up Mt. Gox's Bitcoin sell-off overhang, suggesting that any news about this incident would likely contribute to downside pressure.
分析师还提出了 Mt. Gox 的比特币卖出剩余压力的问题，暗示任何关于这一事件的消息都可能会对下行压力产生贡献。
Why It Matters: These bearish projections come amid strong bullish catalysts for the Bitcoin-led cryptocurrency market.
为什么重要：这些看淡的预测出现在比特币领导的加密货币市场拥有强大看好证券的背景下。
Former President Donald Trump picked Senator J.D. Vance (R-Ohio) as his running mate — a known Bitcoiner and actively supports pro-cryptocurrency legislations.
前总统唐纳德·特朗普选择了参议员J·D·万斯（R-俄亥俄州）作为他的竞选伙伴——他是一位著名的比特币持有者并积极支持加密货币立法。
Additionally, Larry Fink, CEO of the world's largest asset manager, BlackRock described Bitcoin as a legitimate financial instrument, capable of giving uncorrelated or non-correlated types of returns.
此外，全球最大资产管理公司贝莱德的CEO拉里·芬克将比特币描述为一种合法的金融工具，能够提供不相关或非相关类型的回报。
Price Action: At the time of writing, Bitcoin is exchanging hands at $63,794.45 up 1.40% in the last 24 hours, according to data from Benzinga Pro. The King Coin has surged more than 11% over the week.
价格行动：截至撰写本文时，比特币的交易价格为63,794.45美元，过去24小时上涨了1.40％，根据Benzinga Pro的数据。本周 King Coin 上涨了逾11％。
Image via Shutterstock
图片来自shutterstock。