{"id":509,"date":"2024-10-01T14:18:33","date_gmt":"2024-10-01T14:18:33","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=509"},"modified":"2024-10-01T14:18:33","modified_gmt":"2024-10-01T14:18:33","slug":"what-does-technical-analysis-say-about-bitcoin","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=509","title":{"rendered":"What Does Technical Analysis Say About Bitcoin?"},"content":{"rendered":"<div>\n<p>Technical analyst DonAlt sees <strong>Bitcoin&#8217;s<\/strong> (CRYPTO: <a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/btc\/usd\">BTC<\/a>) weekly close as a potential market structure break but warns against overanalyzing specific levels <a href=\"https:\/\/www.benzinga.com\/money\/technical-analysis-vs-fundamental-analysis\">on higher timeframes<\/a>.<\/p>\n<p><strong>What Happened:<\/strong> In the latest podcast <a href=\"https:\/\/www.youtube.com\/watch?v=owi_umOKYCU\">update<\/a>, DonAlt emphasized the importance of consistent methodology when interpreting crypto market structure. <\/p>\n<p>&#8220;I just think the discussion is very noisy,&#8221; he said regarding debates about higher highs and lows. &#8220;I really think this is not a matter of right or wrong, it\u2019s more a matter of how you interpret these signals and do you do so consistently.&#8221;<\/p>\n<p>For Bitcoin, DonAlt identified the $61,000-$64,000 range as a key area to watch on the weekly timeframe. He sees a weekly close above $64,200 as necessary for bullish continuation. <\/p>\n<p>Two common processes after a breakout are aggressive continuation or dip &#8230;<\/p>\n<p><a href=\"https:\/\/www.benzinga.com\/markets\/cryptocurrency\/24\/10\/41119368\/what-does-technical-analysis-say-about-bitcoin\" alt=\"What\" does technical analysis say about bitcoin>Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Technical analyst DonAlt sees Bitcoin&#8217;s (CRYPTO: BTC) weekly close as a potential market structure break but warns against overanalyzing specific levels on higher timeframes. What Happened: In the latest podcast update, DonAlt emphasized the importance of consistent methodology when interpreting crypto market structure. &#8220;I just think the discussion is very noisy,&#8221; he said regarding debates [&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-509","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\/509","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=509"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/509\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=509"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=509"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=509"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}