{"id":24215,"date":"2025-04-28T18:16:38","date_gmt":"2025-04-28T18:16:38","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=24215"},"modified":"2025-04-28T18:16:38","modified_gmt":"2025-04-28T18:16:38","slug":"watch-this-bitcoin-indicator-to-know-if-a-run-to-100000-is-coming","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=24215","title":{"rendered":"Watch This Bitcoin Indicator To Know If A Run To $100,000 Is Coming"},"content":{"rendered":"<div>\n<p><strong>Bitcoin<\/strong>\u2018s (CRYPTO: <a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/btc\/usd\">BTC<\/a>) recent close above its bull market support band may be a potentially significant technical development, but the next two weeks will be crucial for determining whether this breakout is sustainable or merely <a href=\"https:\/\/www.benzinga.com\/markets\/cryptocurrency\/25\/04\/44628685\/bitcoin-is-a-realistic-global-reserve-asset-experts-say\">another false signal<\/a>.<\/p>\n<p><strong>What Happened: <\/strong>Cryptocurrency analyst Benjamin Cowen said in his latest <a href=\"https:\/\/www.youtube.com\/watch?v=RFNt0rCbmhA&amp;t=76s\">podcast update<\/a> on Monday that investors should pay attention \u201canytime Bitcoin closes above either the 20-week simple moving average (SMA) or the 21-week expontential moving average (EMA).\u201d <\/p>\n<p>The bull market support band\u2014consisting of these two moving averages\u2014has historically served as a key indicator for Bitcoin\u2019s momentum.<\/p>\n<p>Bitcoin has attempted similar breakouts twice already in 2024, with both July and August seeing the cryptocurrency briefly rise above the support band before failing to hold these levels. <\/p>\n<p>According to Cowen, the current situation mirrors those previous attempts, with &#8230;<\/p>\n<p><a href=\"https:\/\/www.benzinga.com\/markets\/cryptocurrency\/25\/04\/45048427\/watch-this-bitcoin-indicator-to-know-if-a-run-to-100000-is-coming\" alt=\"Watch\" this bitcoin indicator to know if a run is coming>Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Bitcoin\u2018s (CRYPTO: BTC) recent close above its bull market support band may be a potentially significant technical development, but the next two weeks will be crucial for determining whether this breakout is sustainable or merely another false signal. What Happened: Cryptocurrency analyst Benjamin Cowen said in his latest podcast update on Monday that investors should [&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-24215","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\/24215","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=24215"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/24215\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=24215"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=24215"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=24215"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}