ລາຄາ Bitcoin ປ່ຽນແປງ 7.5% ໃນລະຫວ່າງການຊື້ຂາຍລະຫວ່າງມື້ຍ້ອນຄວາມກັງວົນກ່ຽວກັບການຖົດຖອຍຂອງສະຫະລັດເພີ່ມຂຶ້ນ

The cryptocurrency market along with the tech-heavy Nasdaq saw a bit of positive price action on July 5 amid a backdrop of rising recession concerns in the United States. 

ຂໍ້ມູນຈາກ Cointelegraph Markets Pro ແລະ TradingView shows that an early morning onslaught by bears managed to drop Bitcoin (BTC) to a daily low of $19,309 before reinforcements arrived to bid the price back above support at $20,400 during the afternoon.

ຕາຕະລາງ 1 ມື້ຂອງ BTC / USDT. ແຫຼ່ງຂໍ້ມູນ: TradingView

Here’s what several analysts are saying comes next for the top cryptocurrency and what support and resistance levels to keep an eye on moving forward.

Looking for a continuation to $23K

A bullish take on the recent Bitcoin price action was offered by independent analyst Michael van de Poppe, who posted the following chart as a follow-up to a previous Tweet that suggested Bitcoin needed to crack the ເຂດຕ້ານທານ at $19,700 to continue higher:

BTC/USD ຕາຕະລາງ 15 ນາທີ. ແຫຼ່ງຂໍ້ມູນ: Twitter

ນັກວິເຄາະກ່າວວ່າ:

“This one did crack the resistance and ran towards the next area of resistance at $20.3K. I’m expecting #Bitcoin to consolidate for a bit here, but breaking the next resistance zone is a trigger for continuation towards $23K and a summer relief rally.”

Possible pullback to $15,800

A decidedly less optimistic take on the recent price action was provided by crypto analyst and pseudonymous Twitter user il Capo of Crypto, who posted the following chart highlighting several “fake pumps” that resulted in lower highs:

BTC/USD ຕາຕະລາງ 4 ຊົ່ວໂມງ. ແຫຼ່ງຂໍ້ມູນ: Twitter

Il Capo of Crypto said:

“Lower highs all the time. Pumps have low volume and they look corrective. Main target remains $15,800-16,200.”

ທີ່ກ່ຽວຂ້ອງ: Bitcoin ປະເຊີນກັບຄວາມກົດດັນໃຫມ່ຍ້ອນວ່າເງິນໂດລາສະຫະລັດທໍາລາຍຄໍາ, ຊັບສິນທີ່ມີຄວາມສ່ຽງ

Double bottom on the BTC chart

A final bit of hopium was offered by crypto trader and pseudonymous Twitter user Captain Faibik, who posted the following chart and highlighted the importance of a daily close above $20,000:

BTC/USD ຕາຕະລາງ 1 ມື້. ແຫຼ່ງຂໍ້ມູນ: Twitter

Captain Faibik said:

“Double Bottom & Bullish Divergence Both in Play… If Bulls Reclaimed the $21.6K Resistance, Expecting +30-40% Relief RALLY.”

For those looking for more reassurance that the market may be nearing its bottom for the current bear cycle, pseudonymous Twitter user Bitcoin Archive posted the following chart of Bitcoin’s MRVR Z-score, which has been a reliable indicator of past market bottoms:

Bitcoin MVRV Z-score. Source: Twitter

Bitcoin Archive explained:

“#Bitcoin is now deep into the “green zone” – which has signaled market bottoms on 4 occasions.”

ມູນຄ່າຕະຫຼາດ cryptocurrency ໂດຍລວມແມ່ນປະຈຸບັນຢູ່ທີ່ 911 ຕື້ໂດລາແລະອັດຕາການເດັ່ນຂອງ Bitcoin ແມ່ນ 42.7%.

ຄວາມຄິດເຫັນແລະຄວາມຄິດເຫັນທີ່ສະແດງຢູ່ນີ້ແມ່ນພຽງແຕ່ຂອງຜູ້ຂຽນແລະບໍ່ ຈຳ ເປັນຕ້ອງສະທ້ອນເຖິງທັດສະນະຂອງ Cointelegraph.com. ທຸກໆການລົງທືນແລະການເຄື່ອນໄຫວການຄ້າແມ່ນກ່ຽວຂ້ອງກັບຄວາມສ່ຽງ, ທ່ານຄວນ ດຳ ເນີນການຄົ້ນຄ້ວາຂອງທ່ານເອງເມື່ອຕັດສິນໃຈ.