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N O V A - G R A P S K A 15 godina | GRAPSKA | NOVOSTI IZ GRAPSKE
Autor 3 key areas traders are watching as Bitcoin’s monthly close occurs
happer
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Registrovan: 26.04.18
Upisano u 10-09-2021 10:53
3 key areas traders are watching as Bitcoin’s monthly close occurs



Bitcoin's (BTC) whipsaw volatility has been on full display throughout June, leaving traders confused and in search of the latest technical indicator or major news announcement that might provide some hint at which way the price will move.To get more news about Pi Network, you can visit wikibit.com official website.
z88;z88;As the month of June comes toward an end, traders are now focused BTC's on the monthly close to determine if the forward outlook is tilted toward bulls or bears.
At the time of writing, Bitcoin price is still 47% away from its all-time high at $64,873 and analysts have a mixed view on whether or not the bullish momentum will return in the short term. Here are three perspectives analysts have in mind as the market prepares to head into the month of July.
z88;z88;Bitcoin needs to hold the $34,500 support
z88;z88;A survey of CRYPTO Twitter shows that many chart watchers have identified $34,500 as a crucial price level that needs to be defended to establish the bull case for Bitcoin moving forward.
According to Rekt Capital, a pseudonymous trader on Twitter, a close near this level would put the market on a similar trajectory to the BItcoin price pattern seen during the 2013 bull market which included a mid-cycle correction before price broke out to a new all-time high later in the year.
z88;z88;From this bullish perspective, the price of Bitcoin should soon continue the uptrend that began in late 2020 and will theoretically lead to a new all-time high later in 2021 or early 2022 which is projected to surpass $100,000 according to the Bitcoin stock-to-flow model.
z88;z88;Despite the widespread acceptance and faith in the S2F model, Bitcoin's recent price action led even Plan B, the creator of the popular model, to feel “uneasy” about BTC's most recent dip to the lower bound of the model.
z88;z88;While bull market advocates look for any sign to validate a move higher, the price action on June 30 caught the eye of another pseudonymous Twitter analyst called John Wick. According to the analyst, there is a bearish topping pattern that can be se in the most recent BTC chart.
According to Wick, Bitcoin now needs to hold support at $34,000 or the market could be in for another extended period of sideways, range-bound trading rather than a fledgling move higher.
z88;z88;Bearish sentiments were also highlighted in the following tweet from the Twitter personality Nunya Bizniz, who points out that BTC would need to close above $37,400 to avoid three consecutive down months, which has historically indicated more downside in the future.z88;z88;While the debate about a bullish or bearish future rages on, there are several indicators pointing to the possibility of rising sentiment amid the noise.
Twitter personality 'Bitcoin Archive' pointed to the Grayscale Bitcoin premium approaching ZERO and renewed buying activity by the Purpose Bitcoin ETF as evidence that sentiment is on the rise.
z88;z88;On-chain analyst William Clemente III also posted the following chart to highlight the fact that long-term BTC holders have been accumulating since late May after the price of Bitcoin bottomed out below $29,000.
Bitcoin is cheap and Long-Term BTC Holders know it. They've added 741,363 BTC to their holdings since the initial price drawdown in late May.
z88;z88;For a simplified explanation of important levels to keep an eye on, John Bollinger, a technical analyst and creator of Bollinger Bands, simply said that $41,000 and $31,000 are the key logical levels to watch and he also cited the $35,000 to $36,000 zone as crucial support levels to monitor.

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bullet halil40Pogledaj sve porukice od ovoga posjetioca 
21/05/2016 00:19
Zdravo. Jal aktivna ova stranica

bullet administratorPogledaj sve porukice od ovoga posjetioca 
02/08/2015 20:53
Stranica je bila komplet zapustena, zahvaljujuci nekome. Uskoro ponovo i u novom ruhu, kao i sa novim sadrzajem.

bullet bbPogledaj sve porukice od ovoga posjetioca 
25/10/2013 19:29
sellam,malo si zapustio stranicu Jasko

bullet zlatanPogledaj sve porukice od ovoga posjetioca 
17/10/2013 02:19
kako mu je zena

bullet zlatanPogledaj sve porukice od ovoga posjetioca 
17/10/2013 02:19
sta je bilo sa mesudom ribom

bullet zlatanPogledaj sve porukice od ovoga posjetioca 
17/10/2013 02:17
doni sto se ne javljas sa novim vijestima

bullet zlatanPogledaj sve porukice od ovoga posjetioca 
17/10/2013 02:16
sta ima novoga u grapskoj

bullet dzoniPogledaj sve porukice od ovoga posjetioca 
27/08/2013 07:21
selam iz oblacne grapske..svi su na broju hvala bogu..svako dobro bosno i hercegovino...

Bullet Bullet

bullet alemkamenPogledaj sve porukice od ovoga posjetioca 
11/07/2013 12:12
Nek mirisu avlije

bullet dzoniPogledaj sve porukice od ovoga posjetioca 
11/07/2013 09:45
selam iz suncane i tople grapske..svi su na broju hvala bogu..svako dobro bosno i hercegovino..PS.11.07.2013..18 GODINA OD STRADANJA SREBRENICE..NEKA IM JE VJECNI RAHMET...

bullet dzoniPogledaj sve porukice od ovoga posjetioca 
30/06/2013 07:28
selam iz suncane grapske..danas su dzenaze HURTIC MEHMEDU I MURATOVIC OSMANU poslije ikindije namaza..rahmet im dusi..svako dobro bosno i hercegovino..

bullet dzoniPogledaj sve porukice od ovoga posjetioca 
21/06/2013 10:22
selam iz vrele i suncane grapske..svi su na broju hvala bogu,,svako dobro bosno i hercegovino..

bullet dzoniPogledaj sve porukice od ovoga posjetioca 
13/06/2013 07:24
selam iz oblacne grapske..svi su na broju hvala bogu..svako dobro bosno i hercegovino..

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