I-Bitcoin (BTC) starts a new week at comfortable highs as traders square off over BTC price action to come.
Njengoba ukungaqiniseki kwezomnotho omkhulu kuqhubeka kukhula, i-Bitcoin iqinisa indawo yayo yokuhweba entsha ngaphezu kwama-$30,000.
Ukuvalwa okuphezulu kwamaviki onke kusukela ekuqaleni kukaMeyi 2022 kuyimpumelelo yakamuva yezinkunzi, futhi kuze kube manje, ukwesekwa kwebhidi kuvumele imakethe ukuthi igweme ukubuyisela emuva okujulile ngemva kwezinzuzo zeviki eledlule ezingu-15%.
Imvelo ingashintsha kanjani ku-BTC/USD kuleli sonto?
Njengoba i-Bitcoin ingena ekupheleni kwanyanga zonke ka-Okthoba, izinto ezizoba nomthelela omubi ziyafufusa - hhayi okungenani ngenxa yokwanda kokungazinzi kwezepolitiki eMpumalanga Ephakathi.
Okungezwe ezithiyoni zokunqoba izimpahla eziyingozi yi-United States Federal Reserve, ezonquma ngokulungiswa kwezinga lenzalo ngomhla ka-Nov. 1.
Ngaphansi kwe-hood, i-Bitcoin ibukeka ingcono kunangaphambili, futhi izinombolo ziyakufakazela lokho - okuyisisekelo senethiwekhi kungenzeka noma sizungeza ukuphakama kwezikhathi zonke, ukuqhubeka nokuthambekela endaweni ingxenye enkulu yalo nyaka.
Njengoba intengo isinda kumcimbi wokuthatha inzuzo omkhulu ezandleni zabaqagela, ukukholelwa ekubhekeni phambili kubonakala kunzima ukuzamazama - kodwa kwabanye, umcabango wokuphahlazeka kwe-$ 20,000 usadlala ngokuqinile.
I-Cointelegraph ibheka lezi zici kanye nokunye ohlwini lwamasonto onke lwabathonya bamanani e-BTC abangaba khona ezinsukwini ezizayo.
Bala wehle kuze kube sekupheleni kwe-“Uptober”
Ngemuva kokuvalwa kwayo okuphezulu kwamasonto onke ezinyangeni ze-18, i-Bitcoin iyaqhubeka nokuhlanganisa eduze ne-$ 34,000 njengoba isonto liqala.
A late-weekend surge took BTC price action to $34,700, helping add to the day’s BTC short liquidations, per idatha kusukela ukuqapha resource CoinGlass.
Naphezu kwalokhu, ukuvalwa kokugcina kwamasonto onke kuka-Okthoba bekuwumcimbi ozolile uma kuqhathaniswa nesonto eledlule, futhi njengoba sekugxilwe ngokuvala kwanyanga zonke, abahlanganyeli bemakethe bazokulangazelela ukubona ukuthi i-“Uptober” iyasigcina yini isimo sayo sokuhamba phambili.
Ukuziphatha kwenkomba yamandla esihlobo (RSI), umhlaziyi odumile u-Matthew Hyland wayenethemba ngalolu suku.
"Isikhundla samanje se-Bitcoin sizosusa noma yimaphi amathuba okuthi kube khona ukwehlukana kwe-bearish masonto onke kamuva ekukhuphukeni kwe-RSI yangaphambili," wabhala eposini lika-X.
"Lokhu kuhle kakhulu ohlangothini lwe-bullish futhi kusondele kakhulu ohlangothini lwe-bearish."
Ishadi elihambisana nalokhu libonise i-RSI ishaya kakhulu ngezikhathi zesikhathi zamasonto onke. Eposini eledlule, uHyland uthe ukuvalwa kwamasonto onke emazingeni amanje kuzohlanganisa ukuqubuka okubanzi.
#Bitcoin Maviki onke kuvalwa kusasa
Ingase iqinisekise ukuqubuka okukhulu kokuhlanganisa izinyanga ezingu-6+
There is also is a chance the weekly RSI will put in a higher high as well and negate any chance at bearish divergence later on pic.twitter.com/WPnkc1e2rE
— Matthew Hyland (@MatthewHyland_) October 28, 2023
RSI, which traditionally acts as an overbought signal at a given price when above 70, stood at 69.7 at the time of writing, with BTC/USD at $34,300, per data from Izimakethe ze-Cointelegraph Pro futhi UkuhwebaBuka.
Ngokufanayo, u-Buoyant mayelana nokuthi yini engenzeka emandleni entengo ye-BTC kuleli sonto kwakungumthengisi odumile we-Titan we-Crypto.
Kwesinye sezibuyekezo zakhe zakamuva ze-X, usebenzise ifu le-Ichimoku ukuphikisa ngokuthi ukuphuma kwe-$ 40,000 kwakumakhadi.
#Bitcoin ngo-$40,000 ngesonto elizayo? #BTC izama ukuphuma kukho kokubili i-bullish pennant kanye nobubanzi bebha yangaphakathi.
Tenkan starts pointing up ↗️.
If the following conditions are matched :
– Kijun followsTenkan.
- Ikhandlela lansuku zonke liyakwazi ukuvala ngaphezu kobubanzi futhi lihlale… pic.twitter.com/qZ7PZ5L9n2- Titan of Crypto (@Washigorira) October 29, 2023
As Cointelegraph reported last week, $40,000 is a popular target for bulls, but some remain notably surprised by the strength of the recent rally.
Umhwebi Bluntz waphikisana ukuthi "kwakubi ukuthi sephule i-32k sigwetshiwe futhi manje sesithole ukwamukelwa ngaphezu kuka-34k."
"Ukungabaza nokungakholwa kusaqhubeka," eqhubeka engxenyeni ye-X, ephakamisa ukuthi abaningi bawugcinile umbono wemakethe yamabhere.
$20,000 BTC price dive “worst-case scenario”
Naphezu kwesonto lokubamba amazinga aphezulu, i-Bitcoin ikude nokukholisa wonke umuntu ukuthi bayokhuthazela.
NjengeComplelegraph uyaqhubeka nokubika, $20,000 is a crash level that is still very much on the radar for some market participants.
Isayithi lakho kokubili igebe lekusasa le-CME kanye ne-psychological important 2017 high-time high, i-$ 20,000 ayizange ishiye ukwazi kwabadayisi ezinyangeni eziyisikhombisa ngemuva kwe-BTC/USD yokugcina ukuhweba lapho.
Zonke izikhala ze-CME zigcwaliswe eshadini,
Ngaphandle kuka-$20k.$ BTC pic.twitter.com/YS1XfIotCs
- Poseidon (@CryptoPoseidonn) October 28, 2023
Ephawula ngethemba lesinyathelo esinjalo sibe ngokoqobo, umthengisi odumile nomhlaziyi u-Rekt Capital kuchazwe it as a “worst-case scenario.”
Isikhathi sokuthi lokhu kwenzeke yizinyanga ezinhlanu nengxenye ezisele kuze kufike umcimbi olandelayo wokuhliswa kwesigamu somxhaso webhulokhi.
"Lokho kungaba ukwehla ngo-42% ukusuka lapha," ebhala ngempelasonto.
“Mangakanani amathuba okuthi lokhu kwenzeke? Izimo ezimbi kakhulu ngokuvamile zinamathuba amancane okwenzeka. ”
Rekt Capital had previously warned of a potential extensive BTC price downside at the hands of a double top pattern for 2023; this was subsequently invalidated with last week’s move.
Social media was naturally not short of those disregarding a $20,000 comeback altogether, among them CrediBULL Crypto, who kuchazwe isiphetho njengokuthi “kuseduze kungenzeki.”
I-Bitcoin, waqhubeka ngosuku, yayisemgqeni "wokuncibilika" uphawu lwe-$ 40,000.
Lapho ngiqala uku-tweet lokhu ezinyangeni ezi-5 ezedlule, iningi lalingavumelani nami.
Ngicabanga ukuthi abaningi basakwenza.
Lapho sincibilika ku-40k+, abaningi ekugcineni bazoqala ukuvumelana nami. $ BTC https://t.co/VCChLO6A7Q pic.twitter.com/ulzeiZuTru
- I-CrediBULL Crypto (@CredibleCrypto) October 29, 2023
Others highlighted the necessary levels to hold in order to avoid a rapid unwinding of recent progress.
"Ngifuna i-Bitcoin ukuthi ibambe lokhu kuhlolwa kabusha kwebanga eliphakathi kanye ne-S/R flip," umhlaziyi u-Mark Cullen wabhala eceleni kweshadi lesifinyezo.
“Uma ihlehlela emuva ngezansi ngicabanga ukuthi ukushanela okuphansi kusengamakhadi. Izinkunzi azifuni ngempela ukubona ukuhwebelana kwe-BTC nganoma yisiphi isikhathi emuva ngaphansi kuka-32.5k, kodwa intambo engezansi yokuthatha imali ayikho etafuleni. "
Trader Pentoshi, meanwhile, said that conditions had not changed on longer timeframes.
$ BTC lutho olungashintshile
Amaleveli abaluleke kakhulu okudlalwa amakiwe
Ukuvala ngaphansi kokunsomi = ukuchezuka okungenzeka kanye nokungavumelekile
40-42k etafuleni emasontweni azayo pic.twitter.com/MfmKCQZpO3
- Pentoshi euroPeng (@Pentosh1) October 29, 2023
Isilinganiso se-FOMC sihamba ngenxa yokuthi imigodi ye-crypto ihambisana nesitoko
With trouble increasing in the Middle East and the impacts of war increasingly being felt outside the region, Bitcoin is seeing its second major conflict in the past two years.
AmaHodler have a constant potential source of volatility in the background — something that will spar with U.S. macro data this week.
On Nov. 1, the Fed will meet to decide on whether benchmark interest rates should rise — an event that can form a short-term volatility catalyst in its own right.
Bitcoin has nonetheless dismissed Fed rate decisions in recent months, despite persistent inflation repeatedly beating market expectations.
Per data from CME Group’s Ithuluzi le-FedWatch, markets currently expect the Federal Open Market Committee (FOMC) to leave rates unchanged this week.
"Sinesonto elikhulu elizayo," insiza yokuphawula ngezezimali i-Kobeissi Letter yabhala engxenyeni yesifinyezo.
Imicimbi Ebalulekile kuleli sonto:
1. Idatha Yokuzithemba Kwabathengi - ULwesibili
2. JOLTs Idatha yomsebenzi - ULwesithathu
3. I-Fed Rate Isinqumo/Isitatimende - NgoLwesithathu
4. Izimangalo Zokuqala Zokungabi Namsebenzi - ULwesine
5. Umbiko weMisebenzi ka-Okthoba - uLwesihlanu
6. ~20% we-S&P 500 ibika izinzuzo kuleli sonto
Sinesonto elihle...
— The Kobeissi Letter (@KobeissiLetter) October 29, 2023
Kobeissi touched on what could become a fresh BTC price headwind — a correction on the S&P 500. Previously correlated with stocks, Bitcoin’s more recent divergence may be put to the test.
Enyangeni edlule, i-S&P 500 ilahlekelwe ngu-4%.
In commentary last week, however, research firm Santiment not only confirmed the waning stock correlation but also said that this in itself was a sign that the crypto bull market was back.
#Bitcoin iqale yafinyelela ezingeni elisha lezinyanga eziyi-17 futhi namuhla. Kungcono kakhulu, #crypto amakepisi ezimakethe ayakhula njengoba # SP500 enqaba. Lokhu kusikisela ukuthi $ BTC's & #amafutha'Ukuthembela kweminyaka emi-2 #okulingana isihambile, iresiphi ejwayelekile ye #bullmarket izimo. https://t.co/XXFph87pj6 pic.twitter.com/nVCqyt9t4Z
- ISantiment (@santimentfeed) October 25, 2023
Ubunzima bezimayini ze-Bitcoin, isilinganiso se-hash esiphezulu iziqongo zangaphambilini
Ngezinto eziyisisekelo zenethiwekhi ye-Bitcoin, asikho isizathu sokuma kancane ukuze ucabange.
Ekulungiseni kwayo kwakamuva okuzenzakalelayo ngo-Oct. 30, ubunzima bukhuphuke ngo-2.35% — bushaye enye into ephezulu.
Manje ku I-62.46 trillion, difficulty reflects that competition among miners is more intense than ever — as Cointelegraph reported, it has never been so complex to mine a single BTC.
The hash rate tells an identical story, circling 493 exahashes per second (EH/s), according to the latest raw data estimates from statistics resource ElimayiniPoolStats.
Commenting on the performance of both difficulty and hash rate, itself near record highs, James Van Straten, research and data analyst at crypto insights firm CryptoSlate, described the latter’s progress as a “surge.”
#Bitcoin izorekhoda okunye ukulungiswa okuhle kusasa, ngaphezu kuka-2%.
Ezinsukwini ezimbalwa ezedlule, sibone izinga le-hash likhuphuka lifinyelela ku-500 eh/s. Usuku olulodwa kuphela lapho sibone izinga le-hash liphula leli rekhodi.
Lokhu kuzophinde kube wukulungiswa kwesine kulandelana okuhle, okukhombisa… pic.twitter.com/H2IZFzNTfm
— James V. Straten (@jimmyvs24) October 29, 2023
U-Jaran Mellerud, umhlaziyi wezimayini enkampanini ye-crypto insights i-Arcane Research, ubikezele ukuthi lo mkhuba uzoqhubeka.
"I-hashrate ye-Bitcoin cishe izoqhubeka nokukhuphuka ngenxa yepompo lentengo elihambisana neqiniso lokuthi abavukuzi bazama ukudlula omunye nomunye ekuthuthukiseni imikhumbi ngaphambi kokunciphisa," esho.
“Ngeke ngimangale uma sibona 500 EH/s ngaphambi konyaka omusha.”
Ukuhaha kufana nentengo ye-BTC yaso sonke isikhathi
Waiting in the wings and vying with RSI for upside potential is the classic crypto sentiment gauge, the I-Crypto Fear & Grey Index.
Ngemva kokulibala ebangeni elincane izinyanga zilandelana, Ukwesaba Nokuhaha kwenza ukubuyisela okuqinile ngokuhambisana nokukhuphuka kwe-Bitcoin - kodwa ngokungafani nesenzo senani le-BTC, isibuyele emazingeni kaNovemba 2021.
The latest data shows the index hitting 72/100 in recent days. This is firmly within the “greed” category and matches its position just days after Bitcoin hit its most recent all-time highs of $69,000 nearly two years ago.
Ukwesaba Nokuhaha kuvame ukufinyelela emazingeni adlulele ngaphambi kokuba kube noshintsho olubalulekile esenzweni samanani.
Lo mbhalo awunazo izeluleko noma izincomo zokutshalwa kwezimali. Zonke izinyathelo zokutshala imali nokuhweba zibandakanya ubungozi, futhi abafundi kufanele bazenzele olwabo ucwaningo lapho benza isinqumo.
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- Source: https://cointelegraph.com/news/uptober-40k-btc-price-5-things-bitcoin-this-week
