{"id":22026,"date":"2025-04-14T16:01:47","date_gmt":"2025-04-14T16:01:47","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=22026"},"modified":"2025-04-14T16:01:47","modified_gmt":"2025-04-14T16:01:47","slug":"bitcoin-surges-back-to-85000-what-does-the-technical-analysis-show","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=22026","title":{"rendered":"Bitcoin Surges Back To $85,000: What Does The Technical Analysis Show?"},"content":{"rendered":"<div>\n<p>As <strong>Bitcoin<\/strong> (CRYPO: BTC) has reclaimed the $85,000 mark, cryptocurrency analyst<strong> Benjamin Cowen<\/strong> highlights how the apex crypto recovered following <a href=\"https:\/\/www.benzinga.com\/markets\/cryptocurrency\/25\/04\/44634188\/are-bitcoin-and-the-sp-500-heading-for-a-death-cross\">its recent death cross<\/a>.<\/p>\n<p><strong>What Happened: <\/strong>In his latest <a href=\"https:\/\/www.youtube.com\/watch?v=9Qg02JYoXB0&amp;ab_channel=BenjaminCowen\">analysis<\/a> published on Monday, Cowen points out that Bitcoin has rallied toward its bull market support band. The 21-week exponential moving average is currently at $86,600, and the 20-week simple moving average is at $92,500.<\/p>\n<p>This pattern follows his earlier prediction that Bitcoin would likely experience a sell-off before the death cross followed by a rally afterward.<\/p>\n<p>Cowen notes this pattern has occurred consistently in recent years. Bitcoin found local bottoms around death cross events in 2023, 2022, and even 2019.<\/p>\n<p>The key question is whether the current rally will lead to a higher or &#8230;<\/p>\n<p><a href=\"https:\/\/www.benzinga.com\/markets\/cryptocurrency\/25\/04\/44794389\/bitcoin-surges-back-to-85000-what-does-the-technical-analysis-show\" alt=\"Bitcoin\" surges back to what does the technical analysis show>Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>As Bitcoin (CRYPO: BTC) has reclaimed the $85,000 mark, cryptocurrency analyst Benjamin Cowen highlights how the apex crypto recovered following its recent death cross. What Happened: In his latest analysis published on Monday, Cowen points out that Bitcoin has rallied toward its bull market support band. The 21-week exponential moving average is currently at $86,600, [&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-22026","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\/22026","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=22026"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/22026\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=22026"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=22026"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=22026"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}