{"id":17688,"date":"2025-03-18T23:13:57","date_gmt":"2025-03-18T23:13:57","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=17688"},"modified":"2025-03-18T23:13:57","modified_gmt":"2025-03-18T23:13:57","slug":"bitcoin-remains-stuck-in-the-low-80000s-what-does-technical-analysis-say","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=17688","title":{"rendered":"Bitcoin Remains Stuck In The Low $80,000s: What Does Technical Analysis Say?"},"content":{"rendered":"<div>\n<p>Cryptocurrency analyst Benjamin Cowen has provided a roadmap for <strong>Bitcoin&#8217;s<\/strong> (CRYPTO: <a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/btc\/usd\">BTC<\/a>) recovery, emphasizing that broader market trends, particularly a local bottom for the S&amp;P 500&#8217;s, will play a crucial role in <a href=\"https:\/\/www.benzinga.com\/markets\/cryptocurrency\/25\/03\/44377037\/bitcoin-meanders-around-82500-as-etfs-net-275-million-in-inflows\">crypto market movements<\/a>.<\/p>\n<p><strong>What Happened:<\/strong> In a <a href=\"https:\/\/www.youtube.com\/watch?v=TeOCNEfwaHM\">podcast<\/a> on March 16, Cowen suggested that Bitcoin&#8217;s current downturn could extend until late March before a potential rebound in the second quarter. <\/p>\n<p>He noted that Bitcoin&#8217;s price action in Q1 is unusual, as it has closed below the bull market support band for multiple weeks\u2014something that has typically happened in Q3 of past cycles.<\/p>\n<p>&#8220;The big difference this time is that it\u2019s actually happening in Q1, not Q3,&#8221; Cowen explained, drawing comparisons to &#8230;<\/p>\n<p><a href=\"https:\/\/www.benzinga.com\/markets\/cryptocurrency\/25\/03\/44377385\/bitcoin-remains-stuck-in-the-low-80000s-what-does-technical-analysis-say\" alt=\"Bitcoin\" remains stuck in the low what does technical analysis say>Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Cryptocurrency analyst Benjamin Cowen has provided a roadmap for Bitcoin&#8217;s (CRYPTO: BTC) recovery, emphasizing that broader market trends, particularly a local bottom for the S&amp;P 500&#8217;s, will play a crucial role in crypto market movements. What Happened: In a podcast on March 16, Cowen suggested that Bitcoin&#8217;s current downturn could extend until late March before [&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-17688","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\/17688","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=17688"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/17688\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=17688"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=17688"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=17688"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}