{"id":584,"date":"2024-10-02T16:17:09","date_gmt":"2024-10-02T16:17:09","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=584"},"modified":"2024-10-02T16:17:09","modified_gmt":"2024-10-02T16:17:09","slug":"bitcoin-bulls-should-watch-this-crucial-level-10x-research","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=584","title":{"rendered":"Bitcoin Bulls Should Watch This Crucial Level: 10x Research"},"content":{"rendered":"<div>\n<p>Cryptocurrency experts are advising traders to remain vigilant and potentially reduce their long positions if <strong>Bitcoin <\/strong>(CRYPTO: <a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/btc\/usd\">BTC<\/a>) trades below a critical support level amid conflicting signals in the <a href=\"https:\/\/www.benzinga.com\/news\/24\/10\/41140902\/nikola-stock-is-rising-wednesday-whats-driving-the-action\">broader economic landscape<\/a>.<\/p>\n<p><strong>What Happened<\/strong>: According to the latest 10x Research report, the crucial level to watch is the 21-week moving average, currently sitting at $60,918.<\/p>\n<p>This price point coincides with a minor support level of $60,600, which previously acted as resistance in August and September.<\/p>\n<p>&#8220;While the buy-and-hold strategy has historically been effective for U.S. stock indices and Bitcoin, there&#8217;s no guarantee it will remain so,&#8221; caution analysts at 10x. <\/p>\n<p>This comes in light of conflicting market data, where faster-moving trends sometimes paint a different picture from slower macroeconomic indicators.<\/p>\n<p>Bitcoin&#8217;s &#8230;<\/p>\n<p><a href=\"https:\/\/www.benzinga.com\/markets\/cryptocurrency\/24\/10\/41145355\/bitcoin-bulls-should-watch-this-crucial-level-10x-research\" alt=\"Bitcoin\" bulls should watch this crucial level: research>Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Cryptocurrency experts are advising traders to remain vigilant and potentially reduce their long positions if Bitcoin (CRYPTO: BTC) trades below a critical support level amid conflicting signals in the broader economic landscape. What Happened: According to the latest 10x Research report, the crucial level to watch is the 21-week moving average, currently sitting at $60,918. [&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-584","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\/584","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=584"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/584\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=584"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=584"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=584"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}