{"id":25200,"date":"2025-05-05T13:02:50","date_gmt":"2025-05-05T13:02:50","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=25200"},"modified":"2025-05-05T13:02:50","modified_gmt":"2025-05-05T13:02:50","slug":"bitcoins-key-level-is-96500-analyst-warns-but-heres-what-could-trigger-a-breakdown","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=25200","title":{"rendered":"Bitcoin&#8217;s Key Level Is $96,500, Analyst Warns, But Here&#8217;s What Could Trigger A Breakdown"},"content":{"rendered":"<div>\n<p><strong>Bitcoin&#8217;s<\/strong> (CRYPTO: <a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/btc\/usd\">BTC<\/a>) rally following its recent death cross has sparked a debate over whether it marks the start of a true breakout or another <a href=\"https:\/\/www.benzinga.com\/money\/bull-trap-vs-bear-trap\">2019-style bull trap<\/a>.<\/p>\n<p><strong>What Happened:<\/strong> In a <a href=\"https:\/\/www.youtube.com\/watch?v=diasfGLuBPI\">podcast<\/a> on May 4, cryptocurrency analyst Cowen warned that Bitcoin\u2019s current pattern closely resembles its 2019 setup. <\/p>\n<p>Back then, BTC surged 42% post-death cross, only to crash to a lower low weeks later. <\/p>\n<p>Cowen emphasizes that unless Bitcoin closes the week above $96,500, the current move could also prove to be a fakeout.<\/p>\n<p>&#8220;A weekly close above $96,500 would go a long way in saying&#8221;, Cowen noted &#8230;<\/p>\n<p><a href=\"https:\/\/www.benzinga.com\/markets\/cryptocurrency\/25\/05\/45192498\/bitcoins-key-level-is-96500-analyst-warns-but-heres-what-could-trigger-a-breakdown\" alt=\"Bitcoin's\" key level is analyst warns but here what could trigger a breakdown>Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Bitcoin&#8217;s (CRYPTO: BTC) rally following its recent death cross has sparked a debate over whether it marks the start of a true breakout or another 2019-style bull trap. What Happened: In a podcast on May 4, cryptocurrency analyst Cowen warned that Bitcoin\u2019s current pattern closely resembles its 2019 setup. Back then, BTC surged 42% post-death [&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-25200","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\/25200","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=25200"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/25200\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=25200"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=25200"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=25200"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}