比特幣
已更新

Reference: BTC/USD Recovery from 2014 bear market

257
Reference purposes only.

The key S & R levels marked out from when BTC exited the 2014 'bear market'.

Scroll up to see the current market with levels also marked.

Plenty of 20-30% corrections back then as BTC price rose to eventually surpass previous ATH.

Very similar in the current market - although - the lower highs observed currently is cause for concern!
註釋
A lot of traders mock the idea of 'thinking in USD' when 'trading' (gambling) this shite.

However, look at the support and resistance areas that held relevance in the previous market recovery from 2015/2016. The 'dollar' value of these levels are really very telling, and often equate to round numbers.

I do think that that's the case now. Areas like 9k, 12k have huge psychological relevance. Remember the excitement of BTC breaking 9k back in the day?

15k looks, to me, like the 'real' top of the last market (maybe 15-16k region), and everything above that was just hype and fury.

Compare this to 2014 where 1000 was clearly the 'real top' and the move above it was again, so much madness that could not be sustained and proved to be less relevant price point in future price action.

This means we are only 3k away from the real top of the last bull run, really not much of a hurdle to be cleared, given the most recent price action.

免責聲明

這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。