BTC Charted a Bearish Double-Top, Now Facing Critical Support (Bitcoin Price Analysis) - BitcoinEthereumNews.com
BitcoinBTC ขึ้นอันดับสองขาลง ตอนนี้กำลังเผชิญกับการสนับสนุนที่สำคัญ (การวิเคราะห์ราคา Bitcoin)02 / 12 / 2022ข่าว Bitcoin Ethereum Following green days, Bitcoin encountered resistance at $45K. Together with the negative momentum of the global markets, Bitcoin got heavily rejected and retraced below $42K. Looking at the Stablecoin Supply Ratio, there is a substantial amount of ‘dry powder’ sitting aside, indicating the potential buying power. Meanwhile, the price action sees a pullback phase back to the latest crossed dynamic resistance level. All in all, this short-term correction is a healthy step for a reliable price recovery. การวิเคราะห์ทางเทคนิค โดย: Shayan Long-Term: The Daily Chart Bitcoin has begun a mini-rally starting at $37.2K, with a series of solid daily green candles. However, the bullish momentum has weakened. On Thursday, the price was rejected by the descending purple trendline along with the $45K resistance zone. Currently, BTC is seeing a correction phase and is testing the crossed 50-day MA (~$42.2K), resembling a pullback pattern. Despite the latest correction, on the bigger picture and following a long-lasting bearish trend, BTC has finally made a higher high, increasing the chances of a trend reversal event. Regardless, Bitcoin must establish a higher low during the ongoing corrective phase to complete the healthy reversal structure. Short-Term: The 4-Hour Chart The price charted a double-top pattern, which
