<p><strong>比特币</strong> (CRYPTO: BTC) 现价下跌至 79,000 美元，此前铜金比率首次突破 200 日移动平均线，这一信号在历史上通常预示着比特币的重大牛市。</p>
<h3>2020 年信号回归</h3>
<p>铜金比率目前为 0.00142，铜价为每磅 6.65 美元，黄金接近每盎司 4,700 美元。</p>
<p>该比率自 2020 年 9 月以来首次显著突破 200 日移动平均线。</p>
<p>2013 年、2017 年和 2021 年期间，该比率的先前上涨与比特币价格的重大上涨相一致。</p>
<p>该比率从低点上涨了 25%，历史上领先比特币数周到数月，进一步强化了当前加密货币反弹可能仍处于早期阶段的观点。</p>
<h3>相关性开始增强</h3>
<p>比特币与铜金比率之间的相关系数目前为-0.11，尽管它已从-1.00 急剧反弹。</p>
<p>这表明这两种资产尚未呈现正相关，但关系开始增强。</p>
<p>在比特币最强劲的牛市期间，相关性已趋近或超过 1.0。目前的负值主要反映了早期的分歧阶段，当时比率下跌，而比特币的下跌速度快于铜。</p>
<p>随着比率的恢复，历史上这种关系通常会随着市场条件的改善而趋于一致。</p>
<h3>为什么比率重要</h3>
<p>铜金比率被广泛视为经济动能和投资者风险偏好的衡量标准。</p>
<p>铜与工业需求密切相关，通常在经济扩张期间表现优于黄金，而黄金则传统上与防御性投资相关。</p>
<p>比率上升表明宏观环境更具风险偏好。历史上，铜金比率领先比特币数周到数月，这表明当前的走势可能仍处于早期阶段。</p>
<h3>尽管回调，通道依然完整</h3>
<p><img src="https://imageproxy.pbkrs.com/https://editorial-assets.benzinga.com/wp-content/uploads/2026/05/13111100/X_BTCUSD-price-moving-averages-chart-24-1024x879.png?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" original-src="https://imageproxy.pbkrs.com/https://editorial-assets.benzinga.com/wp-content/uploads/2026/05/13111100/X_BTCUSD-price-moving-averages-chart-24-1024x879.png"/></p>
<p>比特币今天回调，正在重新测试上升通道的中间趋势线，这正是健康修正期间应找到支撑的位置。</p>
<p>自 4 月 61,000 美元低点以来的上升通道是主导结构。尽管今天出现红色蜡烛，75,617 美元的超级趋势和 78,796 美元的 SAR 仍然看涨。</p>
<p>通道的下边界位于 77,500 美元至 78,000 美元之间，这是多头绝对必须守住的区域。</p>
<p>支撑位在 78,796 美元，然后是 77,500 美元的通道底部。阻力位在 82,000 美元至 83,000 美元的通道顶部，若日线收盘低于 77,500 美元则失效。</p>
<p><em>图片来源：Shutterstock</em></p>

GBTC

COIN

<p>比特币（CRYPTO: BTC）已跌至 79,000 美元，因为铜与黄金的比率首次超过自 2020 年 9 月以来的 200 日移动平均线，历史上这通常预示着比特币的牛市。当前比率为 0.00142，铜价为每磅 6.65 美元，黄金价为每盎司 4,700 美元。比特币与铜与黄金比率之间的相关性正在增强，暗示可能出现早期的加密货币反弹。尽管出现回调，比特币正在测试上升通道中间趋势线的支撑位，关键支撑水平为 78,796 美元和 77,500 美元</p>

<p><strong>Bitcoin</strong> (CRYPTO: BTC) is down to $79,000 after the copper-to-gold ratio broke above its 200-day moving average for the first time since September 2020, a signal that has historically preceded major Bitcoin bull runs.</p>
<div class="lb-trans"><p><strong>比特币</strong> (CRYPTO: BTC) 现价下跌至 79,000 美元，此前铜金比率首次突破 200 日移动平均线，这一信号在历史上通常预示着比特币的重大牛市。</p>
</div><h3>The 2020 Signal Returns</h3>
<div class="lb-trans"><h3>2020 年信号回归</h3>
</div><p>The copper-to-gold ratio currently stands at 0.00142, with copper trading at $6.65 per pound and gold near $4,700 per ounce.</p>
<div class="lb-trans"><p>铜金比率目前为 0.00142，铜价为每磅 6.65 美元，黄金接近每盎司 4,700 美元。</p>
</div><p>The ratio has climbed above its 200-day moving average for the first meaningful time since September 2020.</p>
<div class="lb-trans"><p>该比率自 2020 年 9 月以来首次显著突破 200 日移动平均线。</p>
</div><p>Previous surges in the ratio during 2013, 2017, and 2021 aligned with major gains in Bitcoin prices.</p>
<div class="lb-trans"><p>2013 年、2017 年和 2021 年期间，该比率的先前上涨与比特币价格的重大上涨相一致。</p>
</div><p>The ratio has risen 25% from its lows and historically leads Bitcoin by weeks to months, reinforcing the view that the current crypto rally may still be in its early stages.</p>
<div class="lb-trans"><p>该比率从低点上涨了 25%，历史上领先比特币数周到数月，进一步强化了当前加密货币反弹可能仍处于早期阶段的观点。</p>
</div><h3>Correlation Beginning To Strengthen</h3>
<div class="lb-trans"><h3>相关性开始增强</h3>
</div><p>The correlation coefficient between Bitcoin and the copper-to-gold ratio currently sits at -0.11, though it has rebounded sharply from -1.00.</p>
<div class="lb-trans"><p>比特币与铜金比率之间的相关系数目前为-0.11，尽管它已从-1.00 急剧反弹。</p>
</div><p>This suggests the two assets are not yet positively correlated, but the relationship is beginning to strengthen.</p>
<div class="lb-trans"><p>这表明这两种资产尚未呈现正相关，但关系开始增强。</p>
</div><p>During Bitcoin’s strongest bull runs, the correlation has moved toward or above 1.0. The current negative reading largely reflects the earlier divergence phase, when the ratio was falling and Bitcoin declined faster than copper.</p>
<div class="lb-trans"><p>在比特币最强劲的牛市期间，相关性已趋近或超过 1.0。目前的负值主要反映了早期的分歧阶段，当时比率下跌，而比特币的下跌速度快于铜。</p>
</div><p>As the ratio recovers, that relationship has historically converged alongside improving market conditions.</p>
<div class="lb-trans"><p>随着比率的恢复，历史上这种关系通常会随着市场条件的改善而趋于一致。</p>
</div><h3>Why The Ratio Matters</h3>
<div class="lb-trans"><h3>为什么比率重要</h3>
</div><p>The copper-to-gold ratio is widely viewed as a gauge of economic momentum and investor risk appetite.</p>
<div class="lb-trans"><p>铜金比率被广泛视为经济动能和投资者风险偏好的衡量标准。</p>
</div><p>Copper is closely tied to industrial demand and tends to outperform during periods of economic expansion, while gold is traditionally associated with defensive positioning.</p>
<div class="lb-trans"><p>铜与工业需求密切相关，通常在经济扩张期间表现优于黄金，而黄金则传统上与防御性投资相关。</p>
</div><p>A rising ratio signals a more risk-on macro environment. Historically, the copper-to-gold ratio has led Bitcoin by several weeks to months, suggesting the current move may still be in its early stages.</p>
<div class="lb-trans"><p>比率上升表明宏观环境更具风险偏好。历史上，铜金比率领先比特币数周到数月，这表明当前的走势可能仍处于早期阶段。</p>
</div><h3>Channel Intact Despite Pullback</h3>
<div class="lb-trans"><h3>尽管回调，通道依然完整</h3>
</div><p><img src="https://imageproxy.pbkrs.com/https://editorial-assets.benzinga.com/wp-content/uploads/2026/05/13111100/X_BTCUSD-price-moving-averages-chart-24-1024x879.png" alt="" original-src="https://editorial-assets.benzinga.com/wp-content/uploads/2026/05/13111100/X_BTCUSD-price-moving-averages-chart-24-1024x879.png"/></p>
<p>Bitcoin pulled back today and is retesting the ascending channel’s middle trendline, which is exactly where it should find support during a healthy correction.</p>
<div class="lb-trans"><p>比特币今天回调，正在重新测试上升通道的中间趋势线，这正是健康修正期间应找到支撑的位置。</p>
</div><p>The ascending channel from April’s $61,000 lows is the dominant structure. Supertrend at $75,617 and SAR at $78,796 both remain bullish despite today’s red candle.</p>
<div class="lb-trans"><p>自 4 月 61,000 美元低点以来的上升通道是主导结构。尽管今天出现红色蜡烛，75,617 美元的超级趋势和 78,796 美元的 SAR 仍然看涨。</p>
</div><p>The channel’s lower boundary sits around $77,500–$78,000, the absolute must-hold zone for bulls.</p>
<div class="lb-trans"><p>通道的下边界位于 77,500 美元至 78,000 美元之间，这是多头绝对必须守住的区域。</p>
</div><p>Support sits at $78,796, then $77,500 channel floor. Resistance sits at $82,000–$83,000 channel top with invalidation on a daily close below $77,500.</p>
<div class="lb-trans"><p>支撑位在 78,796 美元，然后是 77,500 美元的通道底部。阻力位在 82,000 美元至 83,000 美元的通道顶部，若日线收盘低于 77,500 美元则失效。</p>
</div><p><em>Image: Shutterstock</em></p>
<div class="lb-trans"><p><em>图片来源：Shutterstock</em></p>
</div>

If You Want To Know Where Bitcoin Is Headed Next, Watch The Price Of Copper

- 比特币目前价格为 $79,000，铜金比率首次突破 200 日均线。
- 铜金比率已上涨 25%，历史上通常会提前数周至数月引领比特币。
- 比特币的回调测试上升通道的中趋势线，支撑位在 $78,796 至 $77,500。

如果你想了解比特币的未来走势，请关注铜的价格