{"id":1272,"date":"2024-10-17T09:03:57","date_gmt":"2024-10-17T09:03:57","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=1272"},"modified":"2024-10-17T09:03:57","modified_gmt":"2024-10-17T09:03:57","slug":"bitcoin-defies-election-jitters-analyst-sees-king-crypto-scaling-70k-milestone-again-in-the-coming-weeks","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=1272","title":{"rendered":"Bitcoin Defies Election Jitters, Analyst Sees King Crypto Scaling $70K Milestone Again &#8216;In The Coming Weeks&#8217;"},"content":{"rendered":"<div>\n<p><strong>Bitcoin<\/strong> (CRYPTO: <a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/btc\/usd\">BTC<\/a>) has once again captured the spotlight after a notable rally this week so far, defying election jitters, with analysts forecasting a potential rise to $70,000 in the near future.<\/p>\n<p><strong>What Happened<\/strong>: The cryptocurrency market experienced a significant rally this week, with Bitcoin gaining nearly 6.5% this week so far, crypto trading firm Zerocap <a href=\"https:\/\/zerocap.com\/insights\/articles\/the-defiant-featured-zerocap-bitcoin-breaks-65k-as-short-traders-face-liquidations\/\">noted<\/a> on Wednesday. This price increase led to the liquidation of over $57 million in Bitcoin shorts within 24 hours, impacting more than 56,000 traders.<\/p>\n<p>The unexpected rise in Bitcoin\u2019s value caught short traders off guard, resulting in widespread liquidations. The rally is attributed to a combination of technical, political, and market factors. <strong>Jonathan &#8230;<\/strong><\/p>\n<p><a href=\"https:\/\/www.benzinga.com\/analyst-ratings\/analyst-color\/24\/10\/41374743\/bitcoin-defies-election-jitters-analyst-sees-king-crypto-scaling-70k-milestone-agai\" alt=\"Bitcoin\" defies election jitters analyst sees king crypto scaling milestone again the coming weeks>Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Bitcoin (CRYPTO: BTC) has once again captured the spotlight after a notable rally this week so far, defying election jitters, with analysts forecasting a potential rise to $70,000 in the near future. What Happened: The cryptocurrency market experienced a significant rally this week, with Bitcoin gaining nearly 6.5% this week so far, crypto trading firm [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-1272","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/1272","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=1272"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/1272\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1272"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1272"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1272"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}