比特幣（BTC）的價格超過其關鍵阻力水平，交易高於$ 96,000

比特幣（BTC）的價格正高於其關鍵阻力水平，在前一天的輕度回調之後，週四撰寫本文時的交易高於96,000美元。

Bitcoin (BTC) price is rising after a mild pullback on Tuesday. The decline came as US GDP data showed a contraction of 0.3% in Q1, spurring recession fears.

比特幣（BTC）的價格在周二輕度回調後上漲。下降是因為美國GDP數據顯示第1季度收縮為0.3％，這激發了衰退的擔憂。

Bitcoin price rebounds to reclaim $96K following mild pullback

輕度回調後，比特幣價格籃板將獲得$ 96K

Bitcoin (BTC) price has risen again to reclaim the $96,000 level, recovering from a brief pullback on Tuesday. This mild correction in Bitcoin’s price was primarily caused by the US GDP data released on Tuesday.

比特幣（BTC）的價格再次上漲，以收回96,000美元的水平，從周二的短暫回調中恢復過來。比特幣價格的輕度更正主要是由周二發布的美國GDP數據引起的。

The world’s largest economy experienced an unexpected contraction in the first quarter of 2023, with output falling at an annualized pace of 0.3%. This went against economists’ predictions of a 0.4% growth and marked the first instance of a decline since early 2022.

全球最大的經濟體在2023年第一季度出現了意外的收縮，產出的年化速度為0.3％。這違背了經濟學家對增長0.4％的預測，並標誌著自2022年初以來下降的第一例。

The unexpected contraction in GDP came alongside inflation data exceeding forecasts, as shown by the PCE Price Index, which rose 3.7% compared to the expected 3.1%. Moreover, retail sales also fell by 0.7%, displaying a weaker-than-expected performance.

如PCE價格指數所示，GDP中意外的收縮與通貨膨脹數據超過預測相比，該預期增長了3.7％，而預期的3.1％。此外，零售銷售額也下降了0.7％，表現出比預期的較弱。

These figures suggest that the US economy might be entering a stage of stagflation – when the economy is characterized by stagnant growth and high inflation. This scenario typically occurs during periods of geopolitical instability or following a major economic crisis.

這些數字表明，當經濟以停滯的增長和高通貨膨脹為特徵時，美國經濟可能會進入停滯階段。這種情況通常發生在地緣政治不穩定時期或發生重大經濟危機之後。

Stagflation fears will likely drive a risk-off sentiment in the market, which does not bode well for risky assets such as Bitcoin. Additionally, high inflation reduces retail investor participation, and the US Federal Reserve’s (Fed) reluctance to cut rates immediately adds to the headwinds.

停滯的擔憂可能會引起市場上的冒險情緒，這對於像比特幣這樣的風險資產而言並不是很好。此外，高通貨膨脹減少了散戶投資者的參與，美國美聯儲（美聯儲）不願降低利率立即增加了逆風。

Bitcoin price chart

比特幣價格圖

Meanwhile, institutional demand for Bitcoin declined slightly on Wednesday after the cryptocurrency faced difficulties breaking through the key resistance level.

同時，在加密貨幣遇到的困難爆發了關鍵阻力水平之後，週三對比特幣的機構需求略有下降。

According to the data from SoSoValue shown below, US spot Bitcoin ETFs recorded a mild outflow of $56.23 million on Tuesday. This marks a small setback from the prior day’s inflows, breaking a continuous streak since April 17.

根據下面所示的Sosovalue的數據，美國現貨比特幣ETF在周二的溫和流出量為5623萬美元。這標誌著去年流入的小挫折，自4月17日以來打破了連續的連續紀錄。

However, these outflows are lower than those seen during February, which caused BTC prices to fall sharply. Traders should be cautious if the outflow levels match those of February as this could weigh on BTC price further.

但是，這些流出低於2月份的流出，這導致BTC價格急劇下跌。如果流出水平與2月相匹配，則交易者應保持謹慎，因為這可能會進一步與BTC的價格更加平衡。

Some signs of optimism

一些樂觀的跡象

CryptoQuant data shows that the Bitcoin supply in profit is approaching a historic euphoria threshold. Bitcoin Supply in profit refers to the percentage of BTC’s total supply that holders currently hold are in profit. A large portion of the supply in profit is generally seen as a positive sign, suggesting a strong bullish outlook and confidence among investors.

加密數據表明，利潤中的比特幣供應正接近歷史悠久的欣快閾值。利潤中的比特幣供應是指持有人目前持有的BTC總供應率的百分比。通常，利潤供應的很大一部分被視為一個積極信號，表明投資者的看法和信心很強。

Currently, the metric stands at above 85.8%, approaching its key level of 90%. Throughout history, when the supply in profit crossed the 90% threshold, it consistently triggered euphoric phases. However, these euphoric phases are usually short-lived and are often followed by short- to medium-term corrections.

目前，該度量標准率高於85.8％，接近其90％的關鍵水平。在整個歷史上，當利潤供應越過90％的閾值時，它始終觸發欣快的階段。但是，這些欣快的階段通常是短暫的，通常是短時到中期校正的。

Bitcoin percentage supply in profit chart

利潤圖中的比特幣百分比

Bitcoin Price Forecast: BTC traders await a decisive breakout

比特幣價格預測：BTC交易者在等待決定性突破

Bitcoin price broke above its 200-day Exponential Moving Average (EMA) at $85,000 early last week, rallying 11.14% through Friday.

比特幣的價格上週早些時候以85,000美元的價格超過其200天的指數式移動平均線（EMA），截至週五，漲勢為11.14％。

However, BTC failed to close above its March high of $95,000 and remained in a tight range around this level for five days. If BTC manages to close above the $95,000 resistance on a daily basis, it could extend the rally to retest its next daily resistance at $97,000.

但是，BTC未能超過其3月的95,000美元，並在此水平近距離範圍內保持五天。如果BTC每天設法超過95,000美元的電阻，則可以擴展集會以重新測試其下一個每日電阻，為97,000美元。

A successful close above this level could open the door for additional gains to reach the psychological resistance at $100,000.

超過此水平的成功接近，可以為額外的收益打開大門，以達到100,000美元的心理阻力。

The Relative Strength Index (RSI) on the daily chart is still in overbought territory, suggesting that bullish momentum remains strong. However, traders should be cautious as the chances of a pullback are high as it approaches its overbought level at 70. Another possibility is that the RSI could remain above the overbought levels and continue driving the price up.

每日圖表上的相對強度指數（RSI）仍處於過多的領土上，這表明看漲的勢頭仍然很強。但是，交易者應保持謹慎，因為回調的機會很高，因為它接近了70歲的超買水平。另一種可能性是，RSI可以保持高於超買的水平並繼續提高價格。

BTC/USDT daily chart

BTC/USDT每日圖表

But if BTC fails to close above the $95,000 resistance level and faces a pullback, it could extend the decline to find support around the $90,000 psychological level. A break below this level could continue the sell-off to the next support at $85,000, which coincides with the 200-day EMA.

但是，如果BTC未能超過95,000美元的阻力水平並面臨回調，則可以擴大下降，以在90,000美元的心理水平上找到支持。低於此水平的休息可能會繼續向下一個支持的拋售，為85,000美元，這與200天的EMA相吻合。