العقود مقابل الفروقات (CFDs) هي أدوات معقدة وتأتي مع مخاطر عالية لخسارة الأموال بسرعة بسبب التأثير المالي. 76.09% من حسابات المستثمرين بالتجزئة تخسر أموالها عند تداول العقود مقابل الفروقات CFDs مع هذا المزود. يجب أن تفكر فيما إذا كنت تفهم كيفية عمل العقود مقابل الفروقات CFDs وما إذا كان بإمكانك تحمل المخاطر العالية لخسارة أموالك.

العقود مقابل الفروقات (CFDs) هي أدوات معقدة وتأتي مع مخاطر عالية لخسارة الأموال بسرعة بسبب التأثير المالي. 81.96% من حسابات المستثمرين بالتجزئة تخسر أموالها عند تداول العقود مقابل الفروقات CFDs مع هذا المزود. يجب أن تفكر فيما إذا كنت تفهم كيفية عمل العقود مقابل الفروقات CFDs وما إذا كان بإمكانك تحمل المخاطر العالية لخسارة أموالك.

76.09% من حسابات المستثمرين الأفراد تخسر أموالها عند تداول العقود مقابل الفروقات CFDs مع هذا المزود.
81.96% من حسابات المستثمرين الأفراد تخسر أموالها عند تداول العقود مقابل الفروقات CFDs مع هذا المزود.

Bitcoin edging at a pattern break. Will the trend continue?

Published: 11.08.2022
by Joseph Jeffriess

Welcome to Thursday’s update. Today’s focus is on Bitcoin as we continue to watch price as it pushes at a new breakout.

Buyers returned to the crypto markets after US CPI came in below expected, taking pressure off the inflation outlook. Bitcoin jumped after the release consolidating a recovery rally that started late in the European session. Bitcoin reversed a 3.10% decline to finish 3.23% higher.

Price tested but failed to break the current price pattern, which is seen as an ascending triangle pattern. These patterns in an uptrend are normally seen as continuation patterns, but they require a higher breakout to confirm the pattern.

Today price has continued to trade higher after yesterday’s positive session, and so far, we have seen price trading above the pattern. This could be seen as a breakout attempt, but we still need to see a higher close to start confirming the move. A failed rally and slip back inside the pattern would be seen as a worry.

We hope to see buyers hold the move or close at new August highs to signal that a breakout is underway. A breakout would also give us confidence that trend is set to continue, and we may see a new test of the downtrend point if buying can continue.

What are your thoughts, traders? Do you think that we are seeing a continuation pattern breakout?

Bitcoin D1 Chart


* The information provided on this page are the opinions of the author and do not necessarily reflect the opinions of Eightcap and are not endorsed by Eightcap.

Any person acting on the information presented on this page does so entirely at their own risk. No representation or warranty is given as to the accuracy or completeness of this information. Any research provided does not have regard to any specific investment objectives, financial situation and needs of any specific person who may receive it.

Margin trading involves a high level of risk and may not be suitable for all investors. You should carefully consider your objectives, financial situation, needs and level of experience before entering into any margined transactions with Eightcap, and seek independent advice if necessary.