{"id":1594,"date":"2024-10-24T12:33:25","date_gmt":"2024-10-24T12:33:25","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=1594"},"modified":"2024-10-24T12:33:25","modified_gmt":"2024-10-24T12:33:25","slug":"bitcoin-rally-stalls-around-67000-bull-trap-or-breakout-ahead-of-the-election-next","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=1594","title":{"rendered":"Bitcoin Rally Stalls Around $67,000: Bull Trap Or Breakout Ahead Of The Election Next?"},"content":{"rendered":"<div>\n<p>Market analysts are sending mixed signals on <strong>Bitcoin<\/strong>\u2018s (CRYPTO: <a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/btc\/usd\">BTC<\/a>) <a href=\"https:\/\/www.benzinga.com\/markets\/cryptocurrency\/24\/10\/41498194\/bitcoin-could-hit-200-000-by-2025-driven-by-institutional-demand-and-etfs-bernstein\">price trajectory in the coming days<\/a>, with some highlighting strong underlying fundamentals and others pointing to concerning technical indicators.<\/p>\n<p><strong>What Happened: <\/strong>On Oct. 23, <a href=\"https:\/\/www.benzinga.com\/topic\/bitcoin-etf\">Bitcoin spot ETFs<\/a> saw a total inflow of $192 million, with <strong>BlackRock<\/strong>&#8216;s (NASDAQ:<a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/stock\/IBIT#NASDAQ\">IBIT<\/a>) ETF receiving a massive $317 million.<\/p>\n<p>While <a href=\"https:\/\/www.benzinga.com\/money\/what-is-ethereum-etf\">Ethereum spot ETFs<\/a> had a modest inflow of $1.27 million, analysts are carefully watching how these trends will impact price movements in the days ahead.<\/p>\n<p>In a note sent to Benzinga, <strong>Alex Kuptsikevich<\/strong>, chief market analyst at <strong>FxPro<\/strong>, noted that the cryptocurrency market has rebounded after a dip earlier in the week. <\/p>\n<p>&#8220;Bitcoin&#8217;s intraday dynamics are bullish,&#8221; he said, adding that if Bitcoin manages to break through the $69,500 resistance, it &#8230;<\/p>\n<p><a href=\"https:\/\/www.benzinga.com\/markets\/cryptocurrency\/24\/10\/41515367\/bitcoin-rally-stalls-around-67-000-bull-trap-or-breakout-ahead-of-the-election-next\" alt=\"Bitcoin\" rally stalls around bull trap or breakout ahead of the election next>Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Market analysts are sending mixed signals on Bitcoin\u2018s (CRYPTO: BTC) price trajectory in the coming days, with some highlighting strong underlying fundamentals and others pointing to concerning technical indicators. What Happened: On Oct. 23, Bitcoin spot ETFs saw a total inflow of $192 million, with BlackRock&#8216;s (NASDAQ:IBIT) ETF receiving a massive $317 million. While Ethereum [&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-1594","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\/1594","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=1594"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/1594\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1594"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1594"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1594"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}