Bitcoin Rebounds Above $61,500 And $80K Is More Likely Than $40K, Says Top Technical Analyst
Bitcoin Rebounds Above $61,500 And $80K Is More Likely Than $40K, Says Top Technical Analyst
DonAlt observed that the daily timeframe has "technically turned bearish," but he tends to ignore this in the current choppy market conditions. Pseudonymous technical analyst DonAlt highlighted the tension between bullish high timeframe charts and bearish low timeframe action for Bitcoin (CRYPTO: BTC) as the apex crypto rebounded back above $61,500.
具有化名的技術分析師DonAlt強調了比特幣（CRYPTO: BTC）在強勁的高時間框架圖和熊市的低時間框架行動之間的緊張關係，因爲這支頂級加密貨幣回升至61500美元以上。
What Happened: In the latest podcast update, the analyst noted Bitcoin's return to support on the monthly chart, which is "not the best" but not overly concerning too. He added that if there were no upward movement in the next 29 days, he'd start to worry.
發生了什麼：在最新的播客更新中，該分析師指出比特幣重回每月圖表的支撐位，這"並不是最佳選擇"，但也不算太令人擔憂。他補充說，如果在接下來的29天內沒有上漲，則他會開始擔心。
The weekly timeframe is "not that bad" although the analyst acknowledged the quick retrace from the previous week's breakout. He's watching to see if Bitcoin can hold support around current levels, warning that a close below could give bears "a bunch of credibility."
周時間框架"並不那麼糟糕"，儘管分析師承認前一週的突破快速回撤。他正在觀察比特幣是否能夠守住當前水平的支撐，警告稱，如果收盤價下跌，可能會給空頭帶來"相當可信度"。
DonAlt observed that the daily timeframe has "technically turned bearish," but he tends to ignore this in the current choppy market conditions.
DonAlt指出，每日時間框架已經"在技術上轉爲看淡"，但他傾向於忽視當前波動的市場條件。
Also Read: Bitcoin 'Not A Safe Haven' But Rising Trump Odds Could Fuel A Rally: Standard Chartered
另請閱讀：比特幣'並非避風港'，但特朗普連任的幾率上升可能會助長一波行情：渣打銀行
Why It Matters: DonAlt believes $80,000 is more likely than $40,000 for Bitcoin's next major move but cautions that even if Bitcoin reaches new highs, it could come back down.
爲什麼重要：DonAlt相信比特幣的下一個重大走勢更有可能是80000美元而不是40000美元，但他警告即使比特幣達到新高，也可能會回落。
Regarding his own positioning, DonAlt reveals he has "a little bit of a Bitcoin position" around $58,000 and some Ethereum near $2,550. He's roughly break-even overall but says he might have to close with a small loss if the downtrend continues.
關於自己的頭寸，DonAlt透露他在58000美元左右持有"一點比特幣頭寸"，以及在2550美元附近持有一些以太幣。總體上他大致持平，但表示如果下降趨勢持續，可能需要小幅虧損平倉。
DonAlt concluded by emphasizing how difficult the current market is to trade, noting that "the only people that have been making money is just that basically doubt everything."
DonAlt 最後強調了當前市場有多難交易，指出"唯一賺錢的人基本上都懷疑一切"。
Price Action: Bitcoin is trading around $61,750 at the time of writing, up 2.7% over the past 24 hours.
價格走勢：比特幣在撰寫時交易價格約爲61,750美元，過去24小時上漲了2.7%。
What's Next: The influence of Bitcoin as an institutional asset class is expected to be thoroughly explored at Benzinga's upcoming Future of Digital Assets event on Nov. 19.
接下來：比特幣作爲機構資產類別的影響力預計將在Benzinga即將到來的數字資產未來活動中得到徹底探討。日期是11月19日。
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Image: Shutterstock
圖片：shutterstock
譯文內容由第三人軟體翻譯。
