Bitcoin Bull Trap: Bears Begin To Dig Claws Into Crypto Trend PlatoBlockchain Data Intelligence. Vertical Search. Ai.

Bitcoin bikova past: medvedi začnejo kopati kremplje v kripto trend

Bitcoin price is on the rebound, but after such a sharp fall and more than 50% retracement, any reversal must be considered a potential bull trap until much higher prices are reclaimed.

Kazalec moči trenda, ki dodatno dodaja verodostojnost teoriji potencialne pasti za bike, zelo jasno kaže, da so medvedi odgovorni in so pripravljeni potegniti kremplje, če je potrebno, da kripto cene spet preklopijo v stanje mirovanja.

Samo sezona je končana: Medvedi zdaj nadzorujejo bitcoin trend

After such a strong year for bulls in 2020 and a even more powerful start to 2021, expecting “only up” in crypto isn’t uncommon. That’s exactly why the selloff in May was so severe – few saw it coming.

Technicals warned that something violent was coming, but because sentiment was so bullish the bearish signals were ignored. But technicals are rarely wrong so long as a certain set of rules are followed.

Sorodno branje | Bitcoin biki in medvedi se pazite potencialnih fraktalnih črpalk in odlagališč

Na primer, Povprečni smerni indeks is a trend strength measuring tool that commonly reads alongside a Directional Movement Index. Simply put, the ADX measures the trend and the DMI says who is in favor: bulls or bears.

bitcoin ADX 3d

Trend changes are extremely clear on the three-day chart | Source: BTCUSD na spletnem mestu TradingView.com

In the chart above, there’s no denying the bears are still fully in control of Bitcoin, despite the short-timeframe showing from bulls. Dating back to the start of the " Preberi več

” href=”https://www.newsbtc.com/dictionary/bear/” data-wpel-link=”internal”>bear market, the ADX and DMI have provided reliable signals about which side of the trade is most dominant.

Kako prebrati ADX in DMI za merjenje moči kripto trenda

The chart above also shows the DMI- falling below the ADX, which is an indication that the trend is growing in strength.  Falling below a reading of 20 tends to reset a trend and signal its end.

Vsi znaki to kažejo bears only now have control over the top cryptocurrency by market cap for the first time since April 2020 and aren’t likely to let go so easily.

bitcoin ADX 3d

Could there be several bullish divergences before a reversal? | Source: BTCUSD na spletnem mestu TradingView.com

V krajših časovnih okvirih je ADX dosegel odčitek 70, ki prikazuje, kako močni so bili medvedi. Moč trenda se ujema z začetno močjo, ki je Bitcoin potisnila nad 14,000 USD.

Sorodno branje | Zakaj bi se Bitcoin lahko vrgel v prag, preden bi dosegel zagon

From there and above, with each successive local high, the daily bull trend weakened until bears finally made their attack. Each divergence in the chart above shows the trend weakening in action. It also could suggest that bears might have several weakening peaks with deeper lowers before any sort of real reversal is on the table.

Zaenkrat nedavni miting Bitcoinov, ki se je vrnil nad 40,000 dolarjev, bi lahko bil le nekaj več kot past za bike, ki so jo igrivi medvedi postavili ravno iz stanja mirovanja.

Izbrana slika iz iStockPhoto, grafikoni iz TradingView.com

Vir: https://www.newsbtc.com/analysis/btc/bitcoin-bulls-bears-adx-trend/

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