Vai al contenuto principale
727 Finance
Italiano

Analysis: Bitcoin's short-term price action shows strong "stop-hunt" characteristics, with the key focus on the $75,500 support level.

PANews October 13 news: Trader Killa posted that for Bitcoin to continue a market structure similar to 2023, it needs to form a higher low (HL) above $75,500 and preferably hold the low area near $80,000. In the 2023 price action, Bitcoin first formed a weekly higher high (HH), then pulled back to confirm range support and began the subsequent rally. If BTC's current price action is to replicate this structure, the key lies in whether it can complete support confirmation after the current pullback. Killa said that the reason recent BTC short-term price action has shown strong "hunting" characteristics may be related to the market's ongoing liquidity game. BTC previously reclaimed its short-term internal structure near $82,000, then pulled back to test and broke through again, with the market repeatedly creating breakout and breakdown signals.

PANews October 13 news: Trader Killa posted that if Bitcoin is to continue a market structure similar to 2023, it needs to form a higher low (HL) above $75,500 and preferably hold the low area near $80,000.

In the 2023 price action, Bitcoin first formed a weekly higher high (HH), then pulled back to confirm range support and began the subsequent rally. If BTC's current price action is to replicate this structure, the key lies in whether it can complete support confirmation after the current pullback.

Killa said that the reason recent BTC short-term price action has shown strong "hunting" characteristics may be related to the market's ongoing liquidity game. BTC previously reclaimed its short-term internal structure near $82,000, then pulled back to test and broke through again, with the market repeatedly creating breakout and breakdown signals.

The current market needs to form a higher low and start the next leg up; otherwise, this correction may extend further below $80,000. In the short term, whether BTC can hold key support levels will determine the direction of the subsequent trend.

Notizie correlate

  1. Anteprima sui risultati di Apple: dopo l'aumento dei prezzi della memoria, quanto profitto può ancora mantenere Apple?

    Apple ha un'elevata probabilità di riportare per questo trimestre utili vicini o leggermente superiori alle attese, ma la sua guidance per il trimestre successi...

  2. Il mercato delle criptovalute si è leggermente ripreso, il settore CeFi ha registrato un modesto rialzo e il settore dell'IA ha continuato a ritracciare.

  3. Analisi: tutti i precedenti minimi del ciclo di Bitcoin si sono verificati poco dopo le elezioni di metà mandato negli Stati Uniti; la finestra per il minimo potrebbe collocarsi tra la fine di quest'anno e l'inizio del prossimo.

  4. Facciamo il punto sui 5 principali token crypto che generano davvero profitti in un mercato orso.

    Il reddito è importante, ma chi alla fine incassa quel reddito conta ancora di più.

  5. Il direttore di Galaxy Research: Bitcoin chiude sopra la sua media mobile a 50 settimane per la settima settimana consecutiva.