Биткоин показывает лучший недельный прирост за 3 месяца, так как цена BTC опускается ниже $21K

Bitcoin (BTC) hit three-day lows into the July 10 weekly close as $21,000 gave way as short-term support.

BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView

Trader eyes bullish divergences across markets

Data from Cointelegraph Markets Pro and TradingView showed BTC/USD giving up some of its gains from earlier in the week while still looking to cap its best weekly gains since March.

The pair circled $20,850 at the time of writing, around $1,600 below the week’s peak at the 200-week moving average.

Despite no continuation of the breakout, Bitcoin gave some commentators cause for cautious optimism ahead of the new week beginning.

“The markets are showing higher timeframe bullish divergences and the sentiment is the same as on a funeral,” Cointelegraph contributor Michaël van de Poppe summarized:

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“A recipe for a reversal is there, and it can accelerate quite fast. Invest when nobody is interested. Sell when everyone is interested.”

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Popular trader Crypto Tony, meanwhile, entertained the idea of a new sideways phase entering before a deeper drop, something which he imagined “would drive everyone crazy.”

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$BTC / $USD — Playing with ideas

If we start to reject harder and fail to reclaim the range high, we may start to see something like this shape up. Would drive everyone crazy i can imagine pic.twitter.com/wwoa8vjMRv

— Crypto Tony (@CryptoTony__) July 10, 2022

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Macro conditions remained uncertain, with upheaval in Sri Lanka adding to a sense of nervousness engendered by the common global theme of energy, food and financial crisis.

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All this crazy shit happening in the world, I just can’t see how anyone can be macro bullish

we need new buyers and retail, without that there is no continuation… only chop

all pumps are an opportunity to exit and buy lower$BTC pic.twitter.com/npAKi1L8uw

— Ninja (@Ninjascalp) July 10, 2022

End of Quote.

Attention focused on the United States dollar Index (DXY), which had ended the week back on support after spiking to fresh highs not seen in twenty years.

U.S. dollar Index (DXY) 1-hour candle chart. Source: TradingView

Risk Reserve hits all-time lows

Те, кто ищет золотую возможность для покупки BTC, тем временем получили свежий ключевой сигнал от индикатора Reserve Risk.

Как отметил комментатор Мурад в выходные, Reserve Risk, который показывает долгосрочные настроения держателей, достиг минимальных уровней в истории на уровне июльских цен.

«Либо этот индикатор сломан, либо мы находимся в зоне дна на высоком таймфрейме», — сказал он в части комментариев в Твиттере вместе с данными аналитической компании Glassnode:

«Я склоняюсь к последнему».

График резерва риска бикоина против BTC/USD. Источник: @MustStopMurad/ Twitter

Резерв риска, как недавно сообщал Cointelegraph, с марта вновь открыл для себя зеленую зону «покупать», что соответствует оптимальным шансам для инвестиций с «запредельными доходами» в результате.