Bitcoin Remains Stuck In A Sideways Range: What Does Technical Analysis Say?
Bitcoin Remains Stuck In A Sideways Range: What Does Technical Analysis Say?
Bitcoin's (CRYPTO: BTC) recent range performance parallels examples from history but a trader thinks a technical buy signal may be flashing.
比特幣（CRYPTO：BTC）最近的區間表現與歷史上的例子相似，但交易者認爲技術買入信號可能正在閃爍。
What Happened: Crypto trader Kevin highlighted that the weekly hash ribbons indicator for Bitcoin flashed a buy signal for the first time since July 2023. He noted that the last time this happened, Bitcoin's price surged from $23,000 to $72,000.
發生了什麼：加密貨幣交易員凱文強調，比特幣的每週哈希帶指標自2023年7月以來首次發出買入信號。他指出，上次發生這種情況時，比特幣的價格從23,000美元飆升至72,000美元。
He added that whenever Bitcoin has surpassed its previous all-time high and entered price discovery, the peak has typically arrived four to six months later and predicted that once Bitcoin breaks its all-time high again and enters price discovery, the countdown to the next peak will begin.
他補充說，每當比特幣突破之前的歷史新高並進入價格發現階段時，峯值通常會在四到六個月後到來，並預測一旦比特幣再次突破歷史新高並進入價格發現階段，下一個峯值的倒計時就會開始。
Expressing frustration on Bitcoin's recent range movements, he added that Bitcoin has been trading within the same small range for 150 consecutive days and that it trades sideways or negatively 97% of the time. He advised those who plan to stay in the crypto space should reconsider their outlook.
他對比特幣最近的區間走勢表示失望，並補充說，比特幣已連續150天在同樣的小幅區間內交易，97％的時間是橫盤整理或負面交易。他建議那些計劃留在加密領域的人應該重新考慮他們的前景。
Also Read: Bitcoin As A Strategic Reserve Asset For The US? Expert Details How Trump Could Make It Happen
另請閱讀：比特幣作爲美國的戰略儲備資產？專家詳細介紹特朗普如何實現這一目標
Why It Matters: Kevin's observations are significant as they provide potential insights into Bitcoin's future performance. However, it also highlights the volatility and unpredictability of the crypto market, underscoring the need for investors to approach it with caution.
爲何重要：凱文的觀察非常重要，因爲它們爲比特幣的未來表現提供了潛在的見解。但是，它也凸顯了加密市場的波動性和不可預測性，凸顯了投資者謹慎對待加密市場的必要性。
IntoTheBlock data shows an 18% increase in large transaction volume and a 404.8% spike in exchange netflows. Around 92% of Bitcoin holders are currently making a profit, while 5% are at breakeven.
IntoTheBlock的數據顯示，大手交易量增長了18％，交易所淨流量激增了404.8％。目前，約有92％的比特幣持有人獲利，而5％的持有者處於盈虧平衡。
What's Next: The influence of Bitcoin as an institutional asset class is expected to be thoroughly explored at Benzinga's upcoming Future of Digital Assets event on Nov. 19.
下一步是什麼：Benzinga即將於11月19日舉行的數字資產未來活動預計將全面探討比特幣作爲機構資產類別的影響力。
- Analyst Predicts Bitcoin To Soar By 83%, But There's One Major Catch: 'We're Going To Get That Continuation As Long As ...'
- 分析師預測比特幣將飆升83％，但有一個主要問題：“我們只要... 就會持續下去。”