May 21, 2022

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Bitcoin koers stuitert na dip, maar analist waarschuwt voor komende dagen

Bitcoin Price Rebounds After Drop, But Analyst Warns Coming Days » Crypto Insiders

as in Bitcoin (BTC) Market Update from this morning He can read to him BTC rate Retreat under the important the support Made at $40,000. The fear in the market is now well present as it threatens further downside.

Bitcoin price rebound, beginning of recovery or not?

Bitcoin has been dropping for a while of course, but last night we saw a fresh acceleration after the price managed to consolidate last week. After breaking $40,000, the price eventually fell by around 4.6% to a current low of $38,500.

There, BTC started to rise again during the afternoon. At the time of writing, the price of bitcoin is $39,250 on crypto exchange Coinbase. At the Dutch trade fair Petavavo 1 bitcoin is now equal to 36,382 euros. A person wearing pink sunglasses, of course, sees this as the first sign that we’re finally going to recover. But analysts like Nebraskangooner caution against chanting too soon:

“If you are one of those people who just want to keep working for a long time, at least wait for the malfunctions to come back. That would give you an obvious long shot with a good risk: to go back. Otherwise it’s like trying to grab a knife.”

Nebraskangoner, based on his analysis, indicates an upward movement in recent weeks, a From fake used to be. The analyst anticipates that the price may continue lower, only to find lower support again in the $30,000 region. At the moment, a recovery above the uptrend line and $40,000 could provide a small bright spot. Although it looks like this trend line has already broken:

Ethereum shows bullish divergence

Where bitcoin’s situation doesn’t look great, there’s Ether (ETH) To find a possible positive signal. while the Ethereum price It only appears when BTC is in a downtrend Equilibrium Volume (OBV) Slight upward trend. This is also called a file bullish divergence. Xulian, the analyst, argues that this indicates a greater buying volume. The analyst is primarily looking at the resistance at $3000.

Currently, ETH is building a nice bullish DIV on OBV, (more buying volume than selling volume).

If we can break through the high volume area at 3K, it can start to move nicely.”

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