比特币在50周均线受阻,历史对比显示熊市或未结束
Bitcoin Stalls at the 50 Week Moving Average
Hey everyone, and thanks for dropping back into the cryptoverse. Today we're going to talk about Bitcoin and how it has at least temporarily stalled out at the 50week moving average. If you guys like the content, make sure you subscribe to the channel, give the video a thumbs up, and also check out the sale on ITC Premium at into the cryptoverse.com. As a reminder, you only have one more day to get a ticket to the ITC conference before the ticket prices go up.
大家好,欢迎回到加密宇宙。今天我们要讨论比特币,以及它如何至少暂时在50周移动平均线处停滞不前。如果你们喜欢这个内容,请务必订阅频道,给视频点赞,也别忘了查看 into the cryptoverse.com 上的 ITC Premium 优惠。提醒一下,距离 ITC 会议门票涨价只剩一天了。
So, they're going to go up on September 1st. So, if you are already planning on coming, make sure you guys go ahead and get your ticket. The main conference day will be November 21st, but we'll have some stuff uh the night before as well. And there'll also be a party the night of the conference. So, make sure you guys check that out. Links in the description below. Uh or you can just go to bjaminc.com and then go over to the conference tab.
所以,价格将在9月1日上涨。因此,如果你已经计划参加,请务必提前购买门票。会议主日将在11月21日,但前一天晚上我们也会有一些活动。会议当晚还会有一场派对。所以,请务必查看一下。描述区有链接。或者你也可以直接访问 bjaminc.com,然后转到会议标签页。
It'll take place in Miami. All right, let's go ahead and jump in. So, Bitcoin rallied back up to the 50we moving average. And and this is kind of the area where I've said before is oftent times the line in the sand for Bitcoin in terms of where the bears would put their final stand if the bare market is to go on. And what I mean by that is when you look through the context of history, every time that Bitcoin has dropped below the 50we moving average, like in 2014, 2018, uh late 2021, and of course late 2025, every time that that's happened, that marked the end of the bull market.
会议将在迈阿密举行。好了,让我们直接进入正题。所以,比特币反弹到了50周移动平均线。这是我之前说过的区域,通常对比特币来说,这是熊市若继续时空头可能做最后抵抗的底线。我的意思是,当你回顾历史背景时,每次比特币跌破50周移动平均线,比如2014年、2018年、2021年末,当然还有2025年末,每次发生这种情况,都标志着牛市的结束。
And then when Bitcoin has gotten above the 50we moving average in 2015, in 2019, and in 2023, that has always marked the beginning of the bull market and the nail in the coffin to the bare market. Now, the difficult thing is the assessment that some people for sure know what's going to happen here. And you know, a lot of people are are looking at at the what happened over here in 2023. And and listen, I'm not unsympathetic to the view.
然后当比特币在2015年、2019年和2023年站上50周移动平均线时,这总是标志着牛市的开始,也是熊市的终结。现在,困难的是,有些人肯定知道这里会发生什么。你知道,很多人都在关注2023年这里发生的事情。听着,我对这种观点并非没有共鸣。
I mean, if Bitcoin gets above the 50 moving average, happy to drop the bear goggles. Happy to drop it and and let's get the bull market started. But there's this reality as well, right? If you look at 2023, you can certainly say, look, we we rallied through the 200 day moving average like 2023. Therefore, is it not the same thing? Maybe it is. But there are times throughout history in in Bitcoin's bare markets where we rallied above the 200 day moving average.
我的意思是,如果比特币站上50周移动平均线,我很乐意摘下熊市眼镜。很乐意摘下来,让我们开始牛市。但也有这样的现实,对吧?如果你看2023年,你当然可以说,看,我们像2023年那样突破了200日移动平均线。因此,这不是同样的事情吗?也许是。但在比特币熊市的历史中,也有我们突破200日移动平均线的时刻。
And I actually pointed this out earlier this year. I I was on a Twitter space with people and they were like, "Oh, well, if we get above the 200 day moving average, Bitcoin has never been in a bare market above it." I'm like, "Well, that conveniently ignores 2014, which kind is kind of weak because we only barely got above it. But in 2015, we had a massive breakout above the 200 day moving average and then we still came back down.
今年早些时候我确实指出了这一点。我当时在一个Twitter空间里与人交流,他们说:“哦,如果我们突破了200日移动平均线,比特币从未在熊市中高于它。”我说:“嗯,这方便地忽略了2014年,那一年情况有点弱,因为我们只是勉强突破了。但在2015年,我们大幅突破了200日移动平均线,但随后还是回落了。”
But what you'll notice in 2015 is when Bitcoin blasted through the 200 day moving average where it got rejected at was the 50WE, right? And so that is why I say that this is the line in the sand because there there also are times in Bitcoin's bare markets like in 2018 and in 2022 where we rally up to the 50we moving average and get rejected. So, you know, I know that 2015 maybe isn't the best comparison. That's a preh having year.
但你会注意到在2015年,当比特币冲破200日移动平均线时,它被拒绝的位置是50周均线,对吧?所以这就是为什么我说这是一条分界线,因为在比特币的熊市中,比如2018年和2022年,也有我们上涨到50周均线然后被拒绝的情况。所以,你知道,我知道2015年可能不是最好的比较。那是一个减半前的年份。
Doesn't really feel like 2015 is the best comparison, but I think the 2018 comparison has some legs to it. And and the the reason I say that is is just simply because of the you know this how how similar these moves have played out like the low in February in both cases the slightly lower low in the summer. And again what's interesting about the lower low is that Bitcoin's lower low in the summer of 2018 was at 5700 and then the lower low in the summer of 2026 was at 57,000.
感觉2015年并不是最好的比较,但我认为2018年的比较有些道理。我这么说的原因很简单,就是因为你知道这些走势的相似程度,比如在两种情况下2月份的低点,夏季略低的低点。再次有趣的是,关于较低的低点,比特币在2018年夏季的较低低点是5700,而2026年夏季的较低低点是57,000。
And and so then what happened in both of those cases after Bitcoin swept the February low, we got one more counter trend rally. Now earlier this year when we put in the summer low, I said, "Look, we're likely going to have a back in what? Early this year, I said we'll likely have a low in February. We'll likely have a low in the summer." And you can still get counter trend rallies on either side of those. like you know the the summer low can lead to a counter trend rally but it doesn't necessarily have to end the bare market.
然后在两种情况下,比特币扫过2月份低点之后,都出现了一次逆势反弹。现在今年早些时候当我们形成夏季低点时,我说:“看,我们很可能会有一次回踩,什么时候?今年早些时候,我说我们可能在2月份出现低点。我们可能在夏季出现低点。”而且你仍然可以在这些低点的两侧看到逆势反弹。比如,夏季低点可能导致逆势反弹,但它不一定意味着熊市的结束。
Now a lot of people get upset with this but I'm just showing you guys what has happened before and this is getting a little bit into the weeds admittedly but fasten your seat belt because we're going to look at the 4hour chart. I know you probably wonder what fresh hell is this? But there's something that that's kind of interesting that caught my eye and I don't know why, you know, this stood out to me. But what's interesting in 2018 when Bitcoin had that rally to the 50week moving average if you look at you you see where the breakout started like the the the big move up the 4hour candle where Bitcoin just started bolting higher from that breakout from the breakout it took uh 51 4hour candles to reach the 50week moving average and then that's where Bitcoin got rejected right so 51 4hour candles from from the breakout, right?
现在很多人对此感到不满,但我只是在向你们展示之前发生过的情况,这确实有点深入细节了,但请系好安全带,因为我们要看4小时图。我知道你们可能在想这到底是什么鬼?但有些东西引起了我的注意,我不知道为什么,这让我印象深刻。有趣的是,在2018年比特币那次涨到50周均线时,如果你看,你会看到突破从哪里开始,比如那根大阳线的4小时K线,比特币从那次突破开始急速上涨,从突破到触及50周均线用了51根4小时K线,然后比特币就在那里被拒绝回落了,对吧?所以从突破开始算,是51根4小时K线,对吧?
So, from when Bitcoin started the move because you can see it was just kind of consolidating and then a big move up 51 4hour candles. So, I was looking at that and I was like, "All right, well, I wonder what it was this time around, you know, and again, like I I this is this is one of those things where yeah, maybe you're maybe I'm looking for something, right?" Okay, like you know, so maybe it's not like the fairest comparison, but you see the breakout candle right here.
所以,从比特币开始上涨时算起,因为你可以看到它当时只是在盘整,然后一根大阳线上涨了51根4小时K线。所以,我看着那个,心想:“好吧,我想知道这次是什么情况,你知道,再说一次,这就像那种事情,也许,也许我在寻找什么,对吧?”好吧,你知道,所以也许这不是最公平的比较,但你看到这里的突破K线了。
You I mean, it's pretty clear, right? I mean, you can see like it was consolidation just like 2018 and you move up and then you get the breakout candle from the breakout candle to the 50week moving average where we put in the local high was also exactly 51 4hour candles. So I I think like the difficult thing for me is that there's a lot of people out there saying that like this has never happened before. Like we've never had a rally like this in in a bare market.
你,我的意思是,这很明显,对吧?我的意思是,你可以看到它就像2018年一样在盘整,然后你上涨,然后出现突破K线,从突破K线到50周均线,也就是我们创下局部高点的地方,也恰好是51根4小时K线。所以我觉得对我来说困难的是,有很多人在说这种情况以前从未发生过。比如我们在熊市中从未有过这样的上涨。
But there is some validity to the idea that Bitcoin rallied to the 50we moving average in 2018 just like it did in 2026. The main difference is when the rally occurred. So in 2018 the rally topped in late July. This time it was it you know we find ourselves at the at the 50we moving average in late August but we have had rallies into August 2022. Bitcoin had a nice rally off the summer low into August. In fact, if you were to look at a price range from the from the summer low in 2018 to where it topped at, it was a little over a 40% move in 2022.
但比特币在2018年涨到50周均线,就像2026年那样,这个观点确实有一定道理。主要区别在于上涨发生的时间。所以2018年的上涨在7月底见顶。这次,你知道,我们在8月底到达50周均线,但我们确实有过涨到2022年8月的行情。比特币从夏季低点有过一波不错的上涨,一直涨到8月。事实上,如果你看从2018年夏季低点到见顶的价格区间,涨幅略超40%,而在2022年也是如此。
From the summer low to that local top, it was a little over a 40% move. And then from the 2026 low to that move that we just got was just over 40%. So, like I I would have to push back a little bit on the idea that this hasn't happened before because it clearly has, right? Like Bitcoin has clearly found summer lows, rallied 40%, and then still gone on to go a little bit lower later on in Q4. Now, that does not mean you can't go buy Bitcoin.
从夏季低点到那个局部高点,涨幅略超40%。而从2026年低点到我们刚刚看到的这波行情,涨幅也刚过40%。所以,对于“这种情况以前没发生过”的观点,我不得不稍微反驳一下,因为它显然发生过,对吧?比特币明显曾在夏季找到低点,上涨40%,然后在第四季度晚些时候仍可能再创新低。但这并不意味着你不能买入比特币。
Like I've been saying since July 1st I it's a hard game to figure out where the low is going to be. But if if you know everyone on Twitter is going to come after me and and say well you know if you're still speculating about a future low you're completely left in the dust. Guys like I'm not saying you can't buy. Like there's no I and by the way if you think the low is in refusing to buy after just a a small move up after a market cycle low, right?
就像我从7月1日起一直说的,要准确预测低点位置是个难题。但如果我知道推特上每个人都会来攻击我,说“如果你还在猜测未来低点,那你完全被甩在后面了”。朋友们,我不是说不能买。没有“我”这个字,而且顺便说一句,如果你认为低点已现,却拒绝在市场周期低点后小幅上涨时买入,对吧?
Right? I mean, like it would have been like saying you're not going to buy Bitcoin in early 2019 because it was at 5,000 and not 3,000 or like you're not going to buy it in 2023 because it was at, you know, uh, off the low. It was at like 23,000 instead of 15,000. In the time, at the time it felt hard to buy, but you look back a few years later and it's like, you know what, still buying in those areas at the 50we moving average was better than not buying.
对吧?我的意思是,这就好比说你在2019年初不买比特币,因为它当时是5000而不是3000,或者你在2023年不买,因为它当时,你知道,呃,离低点不远,是23000而不是15000。当时买入感觉很难,但几年后回头看,你会想,你知道吗,在50周均线附近买入总比不买要好。
Okay. So
好的。所以
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