Биткоин «очень медвежий» ниже $22,5K, говорит трейдер, так как цена BTC падает на 6%
Bitcoin (BTC) fell rapidly on Aug. 19 as the culmination of a week’s sideways action ended in disappointment for bulls.
BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView
New lows «just a matter of time
Data from Cointelegraph Markets Pro and TradingView followed BTC/USD as it dropped 6.2% in a single hourly candle.
Reacting, traders hoped that a rebound could allow for consolidation higher than current spot price levels, which were under $22,000 at the time of writing.
“Well, hopefully that was liquidity seeking, otherwise it’s over,” a gloomy Crypto Chase told Twitter followers.
Fellow account Il Capo of Crypto, who had long forecast a return to lower levels, was resigned to new lows being “just a matter of time.”
Consolidation under $22,500, he warned in his latest update, would be “very bearish.”
Quote.
$BTC
Second option playing out. Any test of 23500 as resistance is a good sell opportunity.
Consolidation below 22500 (clean break + use the level as resistance) would be very bearish = 21k or lower
New lows are just a matter of time. pic.twitter.com/I5PatYduNW
— il Capo Of Crypto (@CryptoCapo_) August 19, 2022
End of Quote.
Prior to the drop, meanwhile, analyst Venturefounder said that any price below $23,000 would be a “decent price to buy in the long term,” adding that it was unlikely that Bitcoin had exited its bear market so far.
Relative strength index (RSI) being still near all-time lows spoke to the extent to which BTC/USD was oversold, he argued.
There were nonetheless signs of buying emerging below key bear market support levels including the 200-week moving average and key whale entry levels.
BTC/USD 1-week candle chart (Bitstamp) with 200-week moving average. Источник: TradingView
По данным аналитической компании CryptoQuant, отток средств с бирж за первые несколько часов 19 августа уже составил 21 500 BTC.
График оттока средств с бирж биткоина. Источник: CryptoQuant
Эфир отыгрывает августовские достижения
В альткоинах предсказуемо остро ощущалось влияние возвращения биткоина к трехнедельным минимумам.
Эфир (ETH), крупнейший альткоин по рыночной капитализации, снизился на 5. 2% за день на момент написания статьи, торгуясь около $1 750.
График 1-дневной свечи ETH/USD (Binance). Источник: Другие основные токены потеряли более 11%, а Dogecoin (DOGE) стал худшим в первой десятке, упав на 13,6%.
«Медвежий уклон сейчас, если только $1790 не будет возвращен/перевернут в поддержку», — добавил Crypto Chase об ETH в отдельном твите.