Bitcoin Цена Риски Другое падение ниже $ 6K, Диаграммы Say

USI Технология простой инвестиции пассивный Bitcoin

After a drop yesterday, Bitcoin (BTC) risks another move below $6,000 in the next 24 часов, but it will still likely fare better than other cryptocurrencies.

On Tuesday, bitcoin closed (as per UTC) below the immediate support of $6,108 (июнь 13 низкий), pouring cold water over the prospects of a corrective rally above a major technical hurdle at $6,425 (апрель 1 низкий).

The failure to capitalize on early signs of short-term bullish reversal has shifted risk in favor of a break below the $6,000 отметка (February low).

Even if a drop in prices is seen, bitcoin could still outperform other cryptocurrencies, as a break below $6,000 could trigger risk aversion in the markets, forcing investors to venture out of high-risk alternative cryptocurrencies and into bitcoin.

На момент, BTC is trading at $6,100 on Bitfinex – down 2.25 percent on a 24-hour basis.

Daily chart

BTC was expected to scale April 1 low of 6,425 на этой неделе, courtesy of the bullish price-relative strength index (RSI) and bullish price-money flow index (MFI) divergence and the long-legged дожи. Вместо, it created another lower high (bearish pattern) on the chart as it fell from $6,341 (июнь 25 высокая) в $6,020 (today’s low).

В дальнейшем, BTC closed (as per UTC) below the immediate support of $6,108 (июнь 13 низкий) yesterday, putting the focus back on the broader bearish outlook, as indicated by the falling channel and downward sloping Bollinger Bands (+2,-2 standard deviation on the 20-day moving average).

Так, BTC could drop below $6,000 in the next 24 часов. On the downside, immediate support is lined up at $5,755 (Sunday’s doji candle low) а также $5,717 (lower Bollinger Band).

Should prices take a positive turn, immediate resistance is located at $6,341 (июнь 25 высокая) а также $6,560 (20-day MA).

Risk aversion

Clearly, BTC chart is biased to the bears, Однако, other cryptocurrencies will likely post bigger losses, as indicated by a bearish breakdown in ether-bitcoin (ETH/BTC) exchange rate.

The fiat money tends to flow into cryptocurrency markets via major assets like BTC and is then rotated into alternative cryptocurrencies once the bitcoin valuations look overstretched. В дальнейшем, the rotation of money from bitcoin and into alternative cryptocurrencies is usually a sign the investors are eager to take more risk (arisk-onmarket).

On the contrary, rotation of money out of alternative cryptocurrencies and into major assets like BTC happens when investors turn risk-averse (“risk-offmarket).

As most alternative cryptocurrencies are built on the ethereum blockchain, the ETH/BTC serves as a good indicator of risk-on/risk-off sentiment, т.е.. rising ETH/BTC means risk-on and falling ETH/BTC means risk-off.

Accordingly, the bearish breakdown seen in the chart below indicates that risk aversion will likely increase in the short-run and the alternative cryptocurrencies will post bigger drops than bitcoin.

ETH/BTC daily chart

The above chart (prices as per Bittrex) shows a bearish Bollinger Band breakdown and a downside break of the trading range.

Так, ETH/BTC could be heading lower towards 0.0655BTC (Aug. 15, 2017 низкий).

View

  • BTC could drop below $6,000 (February low) and could test immediate support of $5,755 а также $5,711.
  • A daily close below $5,755 (Sunday’s Doji candle low) would open the doors to $5,090 (rising wedge breakdown target).
  • On the higher side, only a daily close (as per UTC) above $6,425 (апрель 1 низкий) would abort the bearish view and allow a corrective rally.
  • BTC will likely outperform other cryptocurrencies as indicated by the bearish breakdown on ETH/BTC chart.

Chart image via Shutterstock

HTTPS://www.coindesk.com/bitcoin-price-risks-another-fall-below-6k-charts-say/

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