BTC rises to $ 31,000, but is a correction imminent? (Bitcoin price analysis)

Nach einer längeren Konsolidierungsphase hat der Bitcoin-Preis die kritische Widerstandsmarke von 30.000 US-Dollar erfolgreich überwunden. Allerdings ist es wichtig, am Markt Vorsicht walten zu lassen, insbesondere kurzfristig. Technische Analyse Von: Edris Das Tages-Chart Im täglichen Zeitrahmen erlebte der Bitcoin-Preis in der vergangenen Woche eine schnelle Aufwärtsbewegung, nachdem er sich stark von der Unterstützungsmarke von 25.000 US-Dollar erholt hatte. Der Widerstand bei 30.000 US-Dollar wurde überschritten und der Preis versucht, seine Position darüber zu halten. Allerdings signalisiert der RSI-Indikator derzeit einen überkauften Zustand, was auf eine wahrscheinliche Korrektur schließen lässt. In diesem Fall könnte der gleitende 50-Tage-Durchschnitt als Unterstützungsniveau um 27.500 …
After a longer consolidation phase, the Bitcoin Prize has successfully overcome the critical resistance brand of $ 30,000. However, it is important to exercise caution on the market, especially at short notice. Technical analysis of: EDRIS The daily chart in the daily time frame, the Bitcoin Prize experienced a quick upward movement last week after it had greatly recovered from the support brand of $ 25,000. The resistance at $ 30,000 was exceeded and the price was tried to keep its position over it. However, the RSI indicator is currently signaling an overbought state, which suggests a likely correction. In this case, the sliding 50-day average could be the level of support at 27,500 ... (Symbolbild/KNAT)

BTC rises to $ 31,000, but is a correction imminent? (Bitcoin price analysis)

After a longer consolidation phase, the Bitcoin Prize has successfully overcome the critical resistance brand of $ 30,000. However, it is important to exercise caution on the market, especially at short notice.

technical analysis

by: edris

The daily chart

In the daily time frame, the Bitcoin Prize experienced a quick upward movement last week after it had greatly recovered from the support brand of $ 25,000. The resistance at $ 30,000 was exceeded and the price tried to keep its position over it.

However, the RSI indicator is currently signaling an overbought state, which suggests a likely correction. In this case, the sliding 50-day average could act as a level of support by $ 27,500, followed by the sliding 200-day average near the $ 25,000 area.

btc_price_chart_2406231 Tradingview

The 4-hour diagram

The 4-hour time frame reflects a scenario similar to the daily chart, with a strong upward movement and a breakthrough of resistance levels. The latest rally started after the outbreak from the descending channel and drove the price to higher maximum stalls over $ 30,000.

Nevertheless, caution is advised, since the RSI indicator has a significant declining divergence. This indicates the possibility of soon consolidation or correction and causes investors to remain vigilant.

btc_price_chart_2406232 Tradingview

on-chain-analysis

Bitcoin long -term holder sopr

After Bitcoin's latest rally, many owners who had suffered losses for several months can now sell and make profits.

The SOPR metric for long-term owners, which is shown in the diagram together with a sliding 100-day average, indicates the ratio of profits or losses achieved by long-term institutions. Values ​​over 1 indicate profit treatment, values ​​under 1 to losses.

The graphic clearly shows that long -term owners who had suffered losses for almost a year have now started selling profit due to the recent price increase. Although this situation is not necessarily harmful, it could increase the supply of Bitcoin and may lead to a subsequent drop in price without sufficient demand.

btc_long_term_holder_sopr_Chart_2406231 TradingView.