tcyong
2021-07-13
[白眼]
These Charts Show Bitcoin’s Comedown — and Where It Might Go Next
免责声明：上述内容仅代表发帖人个人观点，不构成本平台的任何投资建议。
分享至
微信
复制链接
精彩评论
我们需要你的真知灼见来填补这片空白
打开APP，发表看法
APP内打开
发表看法
1
{"i18n":{"language":"zh_CN"},"detailType":1,"isChannel":false,"data":{"magic":2,"id":142556503,"tweetId":"142556503","gmtCreate":1626163677902,"gmtModify":1633929499644,"author":{"id":3587035359547038,"idStr":"3587035359547038","authorId":3587035359547038,"authorIdStr":"3587035359547038","name":"tcyong","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"userType":1,"introduction":"","boolIsFan":false,"boolIsHead":false,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[],"fanSize":11,"starInvestorFlag":false},"themes":[],"images":[],"coverImages":[],"extraTitle":"","html":"<html><head></head><body><p><span>[白眼] </span></p></body></html>","htmlText":"<html><head></head><body><p><span>[白眼] </span></p></body></html>","text":"[白眼]","highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"favoriteSize":0,"link":"https://laohu8.com/post/142556503","repostId":1155299578,"repostType":4,"repost":{"id":"1155299578","kind":"news","pubTimestamp":1626160070,"share":"https://www.laohu8.com/m/news/1155299578?lang=&edition=full","pubTime":"2021-07-13 15:07","market":"fut","language":"en","title":"These Charts Show Bitcoin’s Comedown — and Where It Might Go Next","url":"https://stock-news.laohu8.com/highlight/detail?id=1155299578","media":"Bloomberg","summary":"Bitcoin has had a rough time in the past couple of months after hitting a record high, that much is ","content":"<p>Bitcoin has had a rough time in the past couple of months after hitting a record high, that much is well-known.</p>\n<p>The largest cryptocurrency has been stuck in a range between about $30,000 and $40,000 for weeks after reaching its all-time high near $65,000, which means chart watchers are scanning the data for signs as to where it could head next. Second-biggest crypto Ether, which topped out near $4,400 in mid-May, has been trading in the $2,100 area.</p>\n<p>Bitcoin’s price action reveals “a menacing chart full of sound and fury, backed by nothing,” said Rich Ross, technical strategist at Evercore ISI, in a recent note. He sees firstresistanceat $36,000 with support at $33,000 and $30,000 -- and downside to $22,000 or below.</p>\n<p>Ether “is more constructive relatively, especially above $2,400,” Ross added.</p>\n<p>Here are some charts investors can watch as they try to find the next direction for Bitcoin and Ether:</p>\n<p>Matching Stocks</p>\n<p>The year-to-date percentage gain by Bitcoin was, for a while, several times that of the S&P 500. But as the cryptocurrency came down and equities continued to hit records, that’s changed. They’ve been about the same for a few weeks now.</p>\n<p><img src=\"https://static.tigerbbs.com/00f3c9298f874e083324aebf6a82f5ec\" tg-width=\"930\" tg-height=\"523\" referrerpolicy=\"no-referrer\">Swings Coming?</p>\n<p>The Bollinger bands are coiling around Bitcoin’s price, essentially warning of a coming pickup in volatility. The bandwidth, defined by the percentage difference between the upper and lower bands, is flirting with year-to-date lows, while the 14-day Average True Range is close to its lowest levels of the year.</p>\n<p><img src=\"https://static.tigerbbs.com/1e91cedd553c32aeacbb104ef5c52dcf\" tg-width=\"930\" tg-height=\"523\" referrerpolicy=\"no-referrer\">Moving Apart</p>\n<p>The rolling 60-day correlation between Bitcoin and spot gold has turned negative, a situation that’s happened only a few times since 2018. That can actually be seen as a good thing, because a lower correlation makes an asset more desirable for diversification purposes in asset allocation. Still, it’s a sign that the “digital gold” moniker some have given to Bitcoin may no longer be so apt.</p>\n<p><img src=\"https://static.tigerbbs.com/dbad863eec9eeba09abe27cafb2521c7\" tg-width=\"930\" tg-height=\"523\" referrerpolicy=\"no-referrer\">In the Middle</p>\n<p>Ether has been floating just above its 200-day moving average in recent sessions, as the line appears to be offering support. That’s the good news. The bad news is that the 50-day average is looking like it might serve asresistance-- and in the $2,300 range, that wouldn’t offer a lot of upside.</p>\n<p><img src=\"https://static.tigerbbs.com/a92927c0939ed5210ebe934a0ce41a89\" tg-width=\"930\" tg-height=\"523\" referrerpolicy=\"no-referrer\"></p>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>These Charts Show Bitcoin’s Comedown — and Where It Might Go Next</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nThese Charts Show Bitcoin’s Comedown — and Where It Might Go Next\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-13 15:07 GMT+8 <a href=https://www.bloomberg.com/news/articles/2021-07-13/these-charts-show-bitcoin-s-comedown-and-where-it-might-go-next><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Bitcoin has had a rough time in the past couple of months after hitting a record high, that much is well-known.\nThe largest cryptocurrency has been stuck in a range between about $30,000 and $40,000 ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-07-13/these-charts-show-bitcoin-s-comedown-and-where-it-might-go-next\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GBTC":"Grayscale Bitcoin Trust","COIN":"Coinbase Global, Inc."},"source_url":"https://www.bloomberg.com/news/articles/2021-07-13/these-charts-show-bitcoin-s-comedown-and-where-it-might-go-next","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1155299578","content_text":"Bitcoin has had a rough time in the past couple of months after hitting a record high, that much is well-known.\nThe largest cryptocurrency has been stuck in a range between about $30,000 and $40,000 for weeks after reaching its all-time high near $65,000, which means chart watchers are scanning the data for signs as to where it could head next. Second-biggest crypto Ether, which topped out near $4,400 in mid-May, has been trading in the $2,100 area.\nBitcoin’s price action reveals “a menacing chart full of sound and fury, backed by nothing,” said Rich Ross, technical strategist at Evercore ISI, in a recent note. He sees firstresistanceat $36,000 with support at $33,000 and $30,000 -- and downside to $22,000 or below.\nEther “is more constructive relatively, especially above $2,400,” Ross added.\nHere are some charts investors can watch as they try to find the next direction for Bitcoin and Ether:\nMatching Stocks\nThe year-to-date percentage gain by Bitcoin was, for a while, several times that of the S&P 500. But as the cryptocurrency came down and equities continued to hit records, that’s changed. They’ve been about the same for a few weeks now.\nSwings Coming?\nThe Bollinger bands are coiling around Bitcoin’s price, essentially warning of a coming pickup in volatility. The bandwidth, defined by the percentage difference between the upper and lower bands, is flirting with year-to-date lows, while the 14-day Average True Range is close to its lowest levels of the year.\nMoving Apart\nThe rolling 60-day correlation between Bitcoin and spot gold has turned negative, a situation that’s happened only a few times since 2018. That can actually be seen as a good thing, because a lower correlation makes an asset more desirable for diversification purposes in asset allocation. Still, it’s a sign that the “digital gold” moniker some have given to Bitcoin may no longer be so apt.\nIn the Middle\nEther has been floating just above its 200-day moving average in recent sessions, as the line appears to be offering support. That’s the good news. The bad news is that the 50-day average is looking like it might serve asresistance-- and in the $2,300 range, that wouldn’t offer a lot of upside.","news_type":1},"isVote":1,"tweetType":1,"viewCount":887,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"verified":2,"subType":0,"readableState":1,"langContent":"CN","currentLanguage":"CN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":6,"xxTargetLangEnum":"ZH_CN"},"commentList":[],"isCommentEnd":true,"isTiger":false,"isWeiXinMini":false,"url":"/m/post/142556503"}
精彩评论