Di sa ou pral sou la crypto market, but just when you think you’ve figured it out, it will throw out a curveball to keep you on your toes. The breakout on Bitcoin just over a week ago seemed like it had legs – after 2 weeks of consolidating, it had finally reached new highs.
But from there, looking at the daily charts, the king of crypto seems to be running out of steam. More importantly, there are other signs of exhaustion, with an RSI divergence developing over the last 2 weeks despite the aforementioned new all-time high. And now, it even looks like it’s broken down below tentative support at around the $62,000 mark.
Sou tablo a chak semèn, BTC pa ofri okenn konsolasyon tou. Chandèl la pou semèn sa a te trè desizif deplase desann epi gen toujou kèk jou nan semèn nan kite. RSI te monte yon ti tan de sa, menm sou delè sa a ki pi long, ak komèsan yo oblije mande tèt yo si towo bèf yo finalman vin twò fatige pou yo kouri pou tan ke yo te.
Despite all this, at the end of the day, it is Bitcoin in an overall bull market. Even traditional financial markets seem to be on a rampage. Venture capital and private equity valuations are going through the roof – no one seems to want to hold fiat anymore. In crypto, pullbacks have been wide and plenty, but so have the rallies. Where some see an opportunity to short, some see an opportunity to buy the dip. And that brings us today’s question – Will current level hold?
Byenke li sanble gen plas pou yon gwo tonbe soti isit la, se sa tout malfini wè tout tan. Se konsa, petèt kenbe sou long louvri gen potansyèl la pou gwo peman. Yo di mache yo renmen deplase desann ak anpil moun abò epi monte ak kòm kèk moun abò. Si se vre, semèn pase a te souke anpil nan nouvo, bandwagoners yo ak ka aktyèlman ap mete kanpe pou yon kouri towo bèf espektakilè.