Bitcoin ma ku jiraa xilli uu kor u kac ballaaran sameyn karo?
By Liam 'Akiba' Wright
Bitcoin ayaa u muuqda mid ka soo kabanaya cadaadiskii suuqa, iyadoo baahida spot-ka iyo ETF-yada ay kordheen, inkastoo ay weli jiraan cabsi dhanka dhaqaalaha adduunka ah.
Bitcoin ayaa wajahaya xilli muhiim ah oo suuqa uu go'aan ka gaarayo jihada uu qaadayo. Inkastoo ganacsatada qaar ay weli ku adkaysanayaan inay iibiyaan (short), haddana xogta ETF-yada iyo baahida spot-ka ayaa muujinaysa in iibsadayaal xooggan ay suuqa soo galeen. Falanqeeyayaasha Alphractal ayaa sheegay in tusayaasha dareenka suuqa ay gaareen heerarkii hore loogu arkay xilliyadii Bitcoin uu hoos u dhacay ka hor inta uusan dib u soo kicin. Haddii xaaladda funding rates-ka ay sii ahaato mid taban, waxaa suurtagal ah in qiimaha uu kor u kaco marka dadka iibiyay ay qasab ku noqoto inay dib u iibsadaan si ay u xiraan booskooda. Si kastaba ha ahaatee, caqabadaha dhaqaale ee caalamiga ah sida xiisadaha geopolitical-ka ayaa weli ah caqabad weyn. Inkastoo Bitcoin uu muujinayo calaamado soo kabasho, haddana mustaqbalka suuqa wuxuu ku xiran yahay sida uu ula falgalo xaaladaha macro-economic-ga ee adduunka.
Key Highlights
- Heerka maalgelinta (funding rates) ee Bitcoin ayaa gaaray meeshii ugu hooseysay tan iyo 2023, taasoo muujinaysa in dad badan ay weli sharad ku gelayaan inuu qiimuhu dhaco.
- Baahida loo qabo spot Bitcoin ETFs ayaa dib u soo noolaatay, taasoo muujinaysa in hay'adaha maaliyadeed ay dib u bilaabeen iibsashada.
- Falanqeeyayaashu waxay aaminsan yihiin in Bitcoin uu gaaray meel hoose oo suuqa ah, taasoo u gogol xaari karta kor u kac haddii cadaadiska gaaban (short squeeze) uu dhaco.