Bitcoin Back Below $64K: Watch This 'Line In The Sand' For Directional Bias, Says Veteran Trader
Bitcoin Back Below $64K: Watch This 'Line In The Sand' For Directional Bias, Says Veteran Trader
On shorter timeframes, DonAlt identified the recent daily engulfing candle as a potential short-term support, with its low around $62,600 serving as a "decent line in the sand for directional bias." For deeper pullbacks, he views the $61,600 level as significant support.As Bitcoin (CRYPTO: BTC) prices dropped below $64,000 in Monday trading, veteran crypto analyst DonAlt sees potential for a significant breakout but urges traders to remain cautious.
隨着比特幣（加密貨幣：BTC）價格在週一交易中跌破64,000美元，資深加密貨幣分析師DonAlt認爲存在重大突破的潛力，但敦促交易員保持謹慎。
What Happened: In the latest podcast update, DonAlt highlighted the importance of Monday's monthly close, noting it could be "the 18th close above $65,000 or above $58,000 rather." He sees the $64,000-$65,000 area as a key resistance level to watch.
事件詳情：在最新的播客更新中，DonAlt強調了週一每月收盤的重要性，指出可能會是「第18次收於65,000美元以上或58,000美元以上」。他將64,000美元至65,000美元區域視爲一個關鍵的支撐位水平。
Referring to Bitcoin's recent consolidation around the $58,000-$65,000 range, he said, "I think there's a very high chance and much higher than breaking it, that that we're just going to go up from here." However, he warned that if Bitcoin fails to break higher, it could signal "another lengthier bear market."
關於比特幣最近圍繞58,000美元至65,000美元區間的盤整，他表示：「我認爲有很大的機會，遠遠高於突破的可能性，我們會從這裏走高。」 但是，他警告稱，如果比特幣未能突破更高，可能會預示「另一輪更持久的看淡市場」。
On shorter timeframes, DonAlt identified the recent daily engulfing candle as a potential short-term support, with its low around $62,600 serving as a "decent line in the sand for directional bias." For deeper pullbacks, he views the $61,600 level as significant support.
在較短時間框架內，DonAlt確定了最近的日線包含K線作爲潛在的短期支撐，其低點約在62,600美元左右，作爲「決定性方向偏好的合理線」。對於更深的回調，他認爲61,600美元水平是重要的支撐位。
Also Read: Bitcoin Up 8% In September: What Traders And Analysts Expect For 'Best-Performing' Q4
還可閱讀：比特幣9月上漲8%：交易員和分析師對「表現最佳」的第四季度有何期待
Why It Matters: While optimistic, DonAlt cautioned against overly aggressive trading at current levels.
其重要性：儘管樂觀，DonAlt警告不要在當前水平過於激進交易。
Ultimately, DonAlt believes the market is poised for a move higher but emphasized the importance of risk management. "I'm betting on up but it's going to look so obvious that this was bearish if it breaks down and the opposite is true if it breaks up," he concluded.
最終，DonAlt認爲市場已準備好向上走，但強調了風險管理的重要性。他總結道：「我的賭注是看漲，但如果下跌，這看起來將如此明顯是看淡的；相反，如果上漲，情況也是如此。」
Price Action: In the past 24 hours, BTC is trading 3.2% down to $63,600.
價格走勢：在過去的24小時內，比特幣價格下跌了3.2%，交易價爲63,600美元。
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
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譯文內容由第三人軟體翻譯。