Bitcoin Price Analysis: Is $45K in Sight For BTC Following Recent Spike? - BitcoinEthereumNews.com
स्रोत: TradingView4 घंटे का चार्ट: On the 4-hour time frame, the $37K support zone has served as a significant support level for Bitcoin, preventing it from plummeting to lower levels. On the other hand, BTC has been moving within a clear ascending chanel (white trendlines) and has now broken the chanels mid trendline. Furthermore, the price is near its previous pivot and below a short-term resistance level around $42K, increasing the chances of a double top pattern emerging. If the threshold is surpassed, Bitcoin will face no obstacles to the $45K supply zone. स्रोत: TradingViewऑन-चेन विश्लेषण ऑनचेन विश्लेषण By एड्रिस बिटकॉइन: शुद्ध अप्राप्त लाभ/हानि (एनयूपीएल) Analyzing the unrealized profits and losses of the market participants has proven to be helpful to determine the price tops and bottoms, and the एनयूपीएल metric is the most common indicator used for this goal. The chart demonstrates that the amount of losses has reached and even went below last years $28K bottom. However, it is nowhere near the previous bear market bottoms. If a bear market scenario is assumed, the market is yet to go through the final capitulation phase, which occurs at the absolute bottom. During this capitulation event, even the most patient retail investors begin panic selling, and the