30 жовтня біткойн (BTC) опустився нижче історичних максимумів, оскільки коментатори намагалися повірити в спокійну реакцію ринку.
1-годинний графік BTC/USD. Джерело: TradingView
Ціна BTC пропонує вітати повторний тест підтримки близько 72 000 доларів США
Дані Cointelegraph Markets Pro і TradingView показали, що ціна BTC охолодилася після досягнення $73 500 на Bitstamp днем раніше.
Консолідація, яку трейдери вітали як можливість посилити нещодавно відновлену підтримку, тим не менш, залишила 71 000 доларів недоторканими на момент написання статті.
«Тепер біткойн перевищив усі основні найнижчі максимуми цього року, крім історичного максимуму. Він підійшов у безпосередній близькості, але поки що не зміг його охопити», — прокоментував популярний трейдер Daan Crypto Trades у частині свого останнього допису на X.
“Honestly better it rejects before to make an equal high vs sweeping it. As this way it's more likely it will go for that high at another point.”
BTC/USD 1-day chart. Source: Daan Crypto Trades/X
Analyzing weekly timeframes, trader and analyst Rekt Capital said that the weekly close would provide crucial information about the strength of the latest move on BTC/USD.
“Bitcoin is potentially producing an upside wick beyond the Range High of the ReAccumulation Range,” he told X followers, referring to the spot price range in play since March’s all-time highs.
“Still early on in the week, so lots can still change. Bitcoin needs a Weekly Close above the Range High to kickstart the beginning of a breakout.”
BTC/USD 1-week chart. Source: Rekt Capital/X
Trading firm QCP Capital meanwhile sought to appreciate Bitcoin’s performance to date while acknowledging the potential for continuation thanks to a combination of what it considered to be geopolitical and macroeconomic tailwinds.
“The price action for Bitcoin has been nothing short of remarkable this couple of days, rising over 8% and breaking the £73k level,” it summarized in its latest bulletin to Telegram channel subscribers on the day.
“The robust inflow into spot ETFs, fresh monetary easing cycles across major economies, and increasing odds of victory for crypto-friendly presidential candidate Donald Trump have been positive catalysts.”
It added that upcoming United States unemployment data, the Federal Reserve’s interest rate decision and tech firm earnings could additionally shape the landscape.
Flat funding rates, retail absence shock Bitcoiners
Comparing the current market environment to March’s trip beyond £73,000, some observers could barely stress the difference enough.
“£BTC is basically at all time high and these are the funding rates,” popular commentator Byzantine General wrote.
“If you told me a year ago that funding would be neutral at ATH I wouldn't have believed you.”
Accompanying data from monitoring resource CoinGlass confirmed that funding rates were only marginally positive at the time of writing, with the largest global exchange Binance practically neutral.
Crypto funding rate heatmap (screenshot). Source: CoinGlass
Continuing, crypto analyst Miles Deutscher noted the comparative lack of retail interest in trading, as evidenced by the popularity of the app of the largest US exchange Coinbase on the Apple App Store.
“Price is the EXACT SAME, but retail isn't back (at all),” he concluded on X.
“It's scary how much higher we're going.”
Earlier, Cointelegraph reported on research measuring Bitcoin bull and bear market performance using the position of the Coinbase app.
This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.