Bitcoin Stuck In Another Sideways Range: Where Do We Go From Here?
Bitcoin Stuck In Another Sideways Range: Where Do We Go From Here?
Bitcoin's (CRYPTO: BTC) sideways price action sparked new discussion about the halving cycle theory playing out correctly.
比特幣（CRYPTO：BTC）的橫向價格行動引發了關於半減週期理論是否正確實現的新討論。
What Happened: Technical analyst CryptoCon thinks Bitcoin could be set for a second early top, or "echo high" in August. The halving cycle theory proposes that every major high in Bitcoin's value is followed by a secondary peak, which CryptoCon refers to as an "echo high."
發生了什麼：技術分析師CryptoCon認爲，比特幣可能在8月達到第二個早期頂部或“迴音高點”。半減週期理論提出，比特幣價值的每個主要高峰都會後跟一個次要高峰，CryptoCon將其稱爲“迴音高峰”。
The analyst noted that August has twice been the month for second early tops, specifically in 2012 and 2020. CryptoCon further highlighted that the "echo highs" for the "blue years" (election years) have historically occurred in January and February, with March also falling within the expected range.
該分析師指出，8月曾兩次成爲第二個早期高峰的月份，具體是2012年和2020年。CryptoCon進一步強調，“藍年”（選舉年）的“迴音高峰”通常發生在1月和2月，而3月也在預期範圍內。
Daan Crypto Trades flagged the presence of liquidity at nearby levels. The trader estimated that if Bitcoin chases its June 7 highs, it could break all records. He also highlighted downside wicks around $63,000-$63,500, indicating potential long stops below.
Daan Crypto Trades指出了附近水平處的流動性。該交易員估計，如果比特幣追逐其6月7日的高點，它可能打破所有記錄。他還強調了大約在63,000美元至63,500美元附近的下行陰影，表明在此之下可能存在多頭止損。
#Bitcoin With a couple of lower highs in close proximity of each other.
Likely for a lot of liquidity to sit above these levels in the form of stop losses/liquidation levels from shorts.
Seeing it's also at all time high, I think once we take the June 7th high we'll break all.... pic.twitter.com/O4B0CA0dBM— Daan Crypto Trades (@DaanCrypto) July 30, 2024
#比特幣 幾個靠近彼此的低峯。
可能會有很多流動性以空頭的止損/清算水平的形式坐落在這些水平上。
看到它也處於歷史最高水平，我認爲一旦我們達到6月7日的高點，我們將打破所有記錄.... pic.twitter.com/O4B0CA0dBM— Daan Crypto Trades（@DaanCrypto）2024年7月30日
Why It Matters: While these historical trends can provide insights, they do not guarantee future performance.
爲什麼這很重要：雖然這些歷史趨勢可以提供洞見，但並不保證未來業績。
Still, many traders refer to previous cycles to find patterns for Bitcoin.
然而，許多交易員都參考以往的週期來尋找比特幣的模式。
They say a leopard cannot change its spots.
The same is true for #Bitcoin.
This cycle won't play out much differently.
Send it higher. pic.twitter.com/FGn1DF0TXh— Jelle (@CryptoJelleNL) July 30, 2024
他們說豹子一旦有斑點就難以改變。
比特幣也是如此。
這個週期不會有太大的不同。
讓它更高。 pic.twitter.com/FGn1DF0TXh— Jelle（@CryptoJelleNL）2024年7月30日
Crypto trader El Crypto Prof noted that the current level is Bitcoin's monthly close above the 2021 all-time high. He predicts a breakout soon.
加密交易員El Crypto Prof指出，目前水平是比特幣月度收盤價超過2021年創紀錄高點。他預測很快會有突破。
Price Action: In the past 24 hours, BTC has been trading relatively flat at $66,171.
價格行動：在過去的24小時內，BTC的交易相對平穩，爲66,171美元。
