What Does Technical Analysis Say About Bitcoin? 'Not Much Clarity In The Short Term,' Says Analyst
What Does Technical Analysis Say About Bitcoin? 'Not Much Clarity In The Short Term,' Says Analyst
Technical analyst Altcoin Sherpa on Tuesday shared his technical outlook for Bitcoin (CRYPTO: BTC), suggesting that "not much clarity in the short term" should be expected.
技術分析師Altcoin Sherpa週二分享了他對比特幣（加密貨幣：BTC）技術前景的看法，認爲"在短期內不應期望有太多的清晰度"。
What Happened: Sherpa advised his followers to consider bidding for Bitcoin if they believe the lows for the digital currency are in, particularly if prices reach the $56,000-$58,000 region. He further suggested that trades should be cut if Bitcoin drops below $54,000, as he believes it could signal a return to lows around the high $40,000 region. However, if Bitcoin consolidates and appears stable, the analyst sees a potential run at the range highs again at $70,000.
事件經過：Sherpa建議他的追隨者們如果相信數字貨幣的低位已經到了就考慮對比特幣競價，特別是如果價格達到56,000美元至58,000美元的區間。他進一步建議，如果比特幣跌破54,000美元，交易應及時止損，因爲他認爲這可能標誌着回到高40,000美元附近的低點。然而，如果比特幣鞏固並顯得穩定，分析師認爲範圍最高點再次回到70,000美元是有可能的。
could be kind of like September 2023 price action where price interacts often with the 200d EMA and we see a lot of chop/not much clarity in the short term for $BTC. No strong opinion in either direction; btc still bearish on the 1d market structure wise pic.twitter.com/ImWpDAsjnC
— Altcoin Sherpa (@AltcoinSherpa) August 13, 2024
可能有點像2023年9月的價格走勢，價格經常與200日EMA互動，我們看到$BTC短期內很多波動性/不太清晰。對任何方向都沒有強烈的看法；在1日市場結構上，btc仍然看淡.pic.twitter.com/ImWpDAsjnC——Altcoin Sherpa（@AltcoinSherpa）2024年8月13日
— Altcoin Sherpa (@AltcoinSherpa) 2024年8月13日
Despite these suggestions, he expressed no strong opinion in either direction and described Bitcoin as still bearish on the 1-day market structure. Sherpa drew parallels between the current price action to that of September 2023, a period that was also characterized by uncertainty.
儘管提出了這些建議，但他對任何方向都沒有強烈的意見，並將比特幣描述爲仍然看淡的1日市場結構。Sherpa將當前的價格走勢與2023年9月的情況相提並論，該時期也被不確定性所特徵。
Also Read: Bitcoin Will Outperform Gold, Ethereum And Even Nvidia, Trader Claims
還閱讀：交易員聲稱，比特幣將勝過黃金、以太幣甚至英偉達
Why It Matters: Altcoin Sherpa's cautious approach reflects the current uncertainty in the market, with many investors unsure of the short-term direction of Bitcoin and other cryptocurrencies. His trading idea to stay out of positions could be seen as a prudent strategy in these uncertain times.
爲什麼它很重要：Altcoin Sherpa的謹慎態度反映了當前市場的不確定性，許多投資者不確定比特幣和其他加密貨幣的短期走向。他的交易策略即待在空倉狀態，在這個不確定的時期被視爲一種謹慎的策略。
Over the past year, Bitcoin prices have surged by 101.5% to a current valuation of $1.17 trillion, accounting for more than 50% of the total crypto market capitalization.
在過去的一年裏，比特幣價格飆升了101.5%，目前估值達到1.17萬億美元，佔總加密貨幣市值的50%以上。
IntoTheBlock noted that despite price volatility and uncertainties, over 71% of holders have had their coins for more than one year. 24% of holders have had their coins between one and twelve months.
IntoTheBlock指出，儘管價格波動和不確定性，超過71%的持有者已經持有他們的比特幣超過一年。24%的持有者持有他們的幣在一到十二個月之間。
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.
接下來：比特幣作爲機構資產類別的影響力預計將在Benzinga即將到來的數字資產未來活動中得到徹底探討。日期是11月19日。
- Three Catalysts that Could Send Cryptos Soaring by Year-End
- 可能會有三個催化劑可在年底前使加密貨幣飆升
This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
此內容部分使用人工智能工具生成，並由Benzinga編輯審查和發佈。
Image created using artificial intelligence with Midjourney.
該圖片使用Midjourney人工智能創建。