Los osos salivan mientras el cierre mensual de Bitcoin conduce a la indecisión

El precio de Bitcoin está nuevamente por encima $56,000 una vez más, after a tug-of-war between bulls and bears has led to a bit of a stalemate just as the April monthly comes to a close.

The monthly candle at current levels will close as a doji, signaling indecision, and a potential reversal ahead. Here’s a closer look at the potential reversal pattern that has crypto bears salivating for cheaper coins in the days ahead.

Bitcoin Bears Make A Stand Against Bulls, Rally Reaches Stopping Point

It is hard to be bearish on Bitcoin at all, let alone right now. The cryptocurrency has risen from pennies to more than $60,000 por Moneda

Una moneda es una unidad de valor digital. Al describir las criptomonedas, están construidos utilizando la tecnología bitcoin y no tienen otro valor a diferencia de los tokens que tienen el potencial de crear software con ellos.

" Lee mas

‘ href =”https://www.newsbtc.com/dictionary/coin/” data-wpel-link =”interno”> moneda. The scarce BTC supply suggests these are still early days and there’s a lot more ROI to go, potentially reaching prices of hundreds of thousands each in the future.

All of 2021 thus far has been like a rocket ship for Bitcoin and its Altcoin

Altcoin se define como cualquier criptomoneda excepto Bitcoin.. "Altcoin" es una combinación de dos palabras: "Bitcoin alternativo" o "moneda alternativa". Hay más de 1,500 altcoins con muchos más planeados para su lanzamiento.

" Lee mas

‘ href =”https://www.newsbtc.com/dictionary/altcoin/” data-wpel-link =”interno”>altcoin brethren. Ethereum and Dogecoin have massively outperformed the top cryptocurrency and several others have done even better.

Lectura relacionada | Pronóstico del precio de Bitcoin: Nublado con posibilidad de desventaja

Bitcoin profits being taken and flowing into altcoins is just one of many reasons for the leading cryptocurrency by market cap to take a pause. Incredibly overheated technical indicators, and a sudden fear of coming regulation combined with a huge capital gains tax hike on the horizon are also to blame.

The indecision has led the pivotal April monthly candle close to form a doji, if and when it closes tonight at 8PM ET.

bitcoin april monthly close

The monthly should close as a doji, but there's risk of a reversal | Fuente: BTCUSD en TradingView.com

Potential Evening Star Reversal Pattern Could Mean Lights Out For Crypto Bulls

A doji is either a sign of indecision before a trend continues or is a signal a reversal is near. But it all depends on what comes next after the doji is formed. If another massive move up follows in May, then the bull trend is back on full force.

sin embargo, if bears get the best of price action over the next month and close with another red candle, there’s risk of an evening star pattern.

Lectura relacionada | La posible reversión de la isla deja varados a los toros de Bitcoin

An evening star reversal is a Japanese candlestick pattern that that forms when there’s a sharp rise capped off by a doji, then followed by an similarly strong showing by bears to the downside.

The red candle in May must engulf at least 50% of March’s historic candle close to be confirmed. If May closes below $50,000, there’s serious risk of more downside in the top cryptocurrency ahead.

The reversal pattern also has appeared during the same month as a rare “Pi cycle top indicator” has triggered its signal for only the fourth time in Bitcoin’s history.

Imagen destacada de Pixabay, Gráficos de TradingView.com

Bloqueemos anuncios! (Por qué?)

Fuente: Noticiasbtc

cargando...