As most cryptocurrencies are slowly starting to recover from the ឆក់ បណ្តាលមកពី FTX ដួលរលំ Bitcoin (BTC អ) is no exception, and its supporters refuse to stop believing in its កើនឡើង future, convinced by positive price indicators.
Indeed, experts over at the crypto analytics firm ការជួញដូររូបថត មាន សង្កេត an “interesting fractal analysis on different time-frames showing that if Bitcoin holds last week’s low, a strong rally in 2023 is possible.”
Specifically, the level that the experts said Bitcoin is supposed to hold for the said rally to be possible stands at above $16,628. If it does, the fractal analysis sees a bullish potential increase, perhaps even to $95,000 by 2024.
What do other indicators suggest?
វិជ្ជមានមួយទៀត ការវិភាគបច្ចេកទេស (TA) indicator is the 200-week ការផ្លាស់ប្តូរមធ្យម (MA), which for Bitcoin has remained positive, as prominent pseudonymous Bitcoin analyst and Dutch institutional investor known as ផែនប៊ី បានចង្អុលបង្ហាញ នៅថ្ងៃទី ២៦ ខែវិច្ឆិកា។
The analyst’s chart demonstrates Bitcoin’s price has stayed above the 200-week MA throughout the hardships that have engulfed the ទីផ្សារគ្រីប in recent months, including “another year, another exchange default,” as ផែនប៊ី noted, referring to the FTX liquidity crisis.
In a comment to the tweet, he also stressed:
More optimism in crypto sector
ក្នុងពេលជាមួយគ្នានេះ អ្នកវិភាគគ្រីបតូម្នាក់ទៀត ពុកមាត់មាន បានកត់សម្គាល់ that Bitcoin was close to touching the trendline that “has already held for 5.5 years,” as he illustrated on a chart.
Optimism was also expressed by Robert Kiyosaki, the author of the សៀវភៅហិរញ្ញវត្ថុផ្ទាល់ខ្លួន 'ប៉ាអ្នកមាន ប៉ាអ្នកក្រ', who said he was “មិនបារម្ភ” about the decentralized finance (Defy) token’s price movements.
ទន្ទឹមនឹងនេះ Tesla (NASDAQ: TSLA) CEO and new Twitter (NYSE: TWTR) owner Elon Musk is also ទំនុកចិត្ត that Bitcoin would survive the ទទួលបានទីផ្សារ, although he warned that it would be long before the asset realizes its full potential.
Bad signs stacking up against Bitcoin?
On the other hand, it is not all roses for the flagship digital asset, as analyst goddusifar ជាង គ្រីបតូក្វាន់ បានកត់សម្គាល់ that “despite the relative gains in US ភាគហ៊ុន, Bitcoin lost a very important support level,” which “was the ATH of the previous cycle.”
ដូចដែលអ្នកវិភាគបានសង្កត់ធ្ងន់ថា៖
“So far, there is no record of Bitcoin returning below the ATH of its previous cycle. This could indicate weakness in the cryptocurrency market in the near future and further price reductions in them.”
Earlier, Bitcoin’s at-the-money (ATM) implied volatility (IV) more than doubled during the last week, mimicking the movements of the FTX Token (ពន្ធលើប្រតិបត្តិការហិរញ្ញវត្ថុ) at the time, while its សន្ទស្សន៍កម្លាំងទាក់ទង (RSI) had dropped to its weakest in history.
At press time, Bitcoin was changing hands at $16,763, recording a minor gain of 0.41% on the day while losing 19.10% across the week, according to data retrieved by ហ្វីនបុល នៅថ្ងៃទី ២៦ ខែវិច្ឆិកា។
In the meantime, Finbold has compiled three key tips on surviving the market crash, as provided by a former stockbroker commonly known as the “Wolf of Wall Street,” Jordan Belfort, including taking a three- or four-year horizon, not looking beyond Bitcoin and Ethereum (សាកលវិទ្យាល័យ ETH), and not playing into the panic.
ការមិនទទួលខុសត្រូវ: ខ្លឹមសារនៅលើគេហទំព័រនេះមិនគួរត្រូវបានចាត់ទុកថាជាដំបូន្មានវិនិយោគទេ។ ការវិនិយោគគឺជាការប៉ាន់ស្មាន។ នៅពេលវិនិយោគ ដើមទុនរបស់អ្នកមានហានិភ័យ។
Source: https://finbold.com/whats-ahead-for-bitcoin-in-2023-analysts-share-positive-indicators/