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Homeweb3.0Bitcoin (BTC) Enters Recovery Mode After Averted Death Cross, Can the Rally Be Sustained?

Bitcoin (BTC) and the broader cryptocurrency market have entered recovery mode, with Bitcoin leading the charge following an ominous technical signal earlier this week.

Bitcoin (BTC) Enters Recovery Mode After Averted Death Cross, Can the Rally Be Sustained?

Bitcoin (BTC) price surged on August 12, quickly recovering from a death cross signal that had sparked concerns earlier in the week. BTC’s rally began late on August 8, climbing from an intraday low of $57,000 to its current levels, showing a 25% recovery from the sharp dip to $49,800 earlier in the week.

According to data from Binance, BTC rose to an intraday high of $62,790 on Friday morning during the Asian trading session, marking a significant 9.5% gain over the past 12 hours. After facing resistance at this level, the asset has retraced slightly to trade at $61,800 at the time of writing.

ビットコインの最近の急騰は、短期移動平均が長期移動平均(通常は50日と200日の単純移動平均(SMA))を下回ったときに発生するテクニカル分析指標であるデスクロスの直後に起きている。このシグナルは弱気トレンドの反転と関連付けられることが多いですが、必ずしも長期にわたる景気低迷につながるわけではありません。

8月9日、ITCクリプトの創設者ベンジャミン・コーウェンは自身の分析をYouTubeで共有し、ビットコインはデスクロスに上昇する可能性が高いと指摘した。その後この予測は現実となり、BTC価格はクロス後に力強い回復を示しました。

コーウェン氏はまた、同様のパターンが2023年にも発生したことを強調し、BTCはデスクロスの直後に上昇を開始し、最終的には50日間SMAを超えて上昇し、その後上昇する前にサポートとして維持した。しかし、コーウェン氏は、現在の上昇相場が持続するかどうかは、ビットコインが62,000ドル以上のサポートを維持できるかどうかにかかっているとも指摘しました。

最近のビットコインの高騰は明るい兆しですが、この上昇を維持できるかどうかという疑問は残ります。アナリストらは、最初のデスクロスは多くの場合大きな懸念ではないが、より重大な弱気傾向を示す可能性があるのは2番目のクロスだと指摘している。 2021 年の強気市場中に、ビットコインは 2 回のデスクロスを経験しました。1 回目は力強い上昇が続きましたが、2 回目は長期にわたる弱気市場につながりました。

今のところ、ビットコイントレーダーと投資家は、BTCがその勢いを維持し、主要なサポートレベルを上回って維持できるかどうかを注意深く監視することになるでしょう。ビットコインがなんとか50日間のSMAを上回れば、さらなる上昇への道が開かれる可能性がある。ただし、これらのレベルを維持できない場合はリトレースメントが発生し、市場のボラティリティの増大につながる可能性があります。

ビットコインの上昇は、より広範な仮想通貨市場にもプラスの影響を与えています。時価総額総額はこの日で6%上昇し、2兆2000億ドルに達した。ただし、週初めに経験した損失を完全に帳消しにするために、市場は 2 兆 5,000 億ドルのマークを取り戻す必要があります。

時価総額で2番目に大きい仮想通貨であるイーサリアム(ETH)も回復の兆しを見せています。 ETH価格は日中に9%上昇し、アジアの取引セッション中に2,700ドルのピークに達しましたが、その後わずかに下落し、執筆時点では2,630ドルで取引されました。

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