Битцоин (БТЦ) региструје снажну биковску дивергенцију која прелази 30,000 долара

After trading under $30,000 for almost a week, Bitcoin registered a strong bullish divergence on late Sunday, May 22. As of press time, Bitcoin is trading 2.5% up above its crucial resistance of $30,000 levels. Popular crypto analyst Lark Davis writes:

Bitcoin putting in a HUGE bullish divergence on the daily. The last time we had something like this happen was in 2021. Could this indicate a big rally brewing?

Davis further додаје that although the global macro setup is currently worrisome, there’s some hope after all the bearish sentiment. It will be interesting to see whether Bitcoin could flip this resistance into a strong support zone. Historically, $30,000 has served as a critical support level for Bitcoin.

Spotting the trendline of lower highs and lower lows, Davis белешке that we can possibly see a relief rally up to $37,000. By this time, we could also be moving closer to the 200-day moving average. But this could also mean a possibility of Bitcoin price slipping to a low of $22,000 before giving a decisive breakout on the upside.

What if this is what happens for #битцоин over the next couple months? pic.twitter.com/e9pw6gSiM3

- Ларк Давис (@ТхеЦриптоЛарк) Може 23, 2022

Bitcoin On-chain Metrics

The on-chain metrics for Bitcoin continue to show strength at a fundamental level. The total Bitcoin addresses holding more than 1 Bitcoin has reached a new all-time high moving closer to 1 million.

КСНУМКС укупно #битцоин addresses with more than 1 #битцоин, a new record high! pic.twitter.com/pXSGwCQBqN

- Ларк Давис (@ТхеЦриптоЛарк) Може 23, 2022

While the Bitcoin Fear and Greed Index continues to remain in the extreme fear zone, whales have been doing some bottom fishing. As per data from Glassnode, Bitcoin whale addresses holding more than 10K BTC have been on the rise during the recent market crash.

Whales like to accumulate #Битцоин while fear is ruling in the #црипто тржиште. pic.twitter.com/DX8SRYv6uD

— Црипто Ровер (@роверцрц) Може 22, 2022

This makes it clear that weak hands have been exiting the market and handing over their supplies to the big whales of the market. One area of caution will be the surge in the Bitcoin supply at the exchanges. However, that’s been part of every bear market. Now that investors have already tasted enough blood, a bullish reversal could be healthy.

Бхусхан је ФинТецх ентузијаст и има добар осећај у разумевању финансијских тржишта. Његово интересовање за економију и финансије скреће његову пажњу на нова тржишта Блоцкцхаин технологије и тржишта криптовалута. Непрестано је у процесу учења и мотивира се дељењем стеченог знања. У слободно време чита романе о трилерима, а понекад истражује своје кулинарске вештине.

Представљени садржај може садржати лично мишљење аутора и подложан је тржишним условима. Истражите тржиште пре него што инвестирате у крипто валуте. Аутор или публикација не сноси никакву одговорност за ваш лични финансијски губитак.