{"id":6648,"date":"2025-01-08T14:17:29","date_gmt":"2025-01-08T14:17:29","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=6648"},"modified":"2025-01-08T14:17:29","modified_gmt":"2025-01-08T14:17:29","slug":"bitcoin-could-drop-as-low-as-75000-if-it-fills-this-liquidity-gap-expert-warns","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=6648","title":{"rendered":"Bitcoin Could Drop As Low As $75,000 If It Fills This Liquidity Gap, Expert Warns"},"content":{"rendered":"<div>\n<p>A significant gap in the <strong>Chicago Mercantile Exchange<\/strong> (NASDAQ:<a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/stock\/CME#NASDAQ\">CME<\/a>) Bitcoin futures contract near $75,000, suggests a <a href=\"https:\/\/www.benzinga.com\/markets\/cryptocurrency\/25\/01\/42871814\/bitcoin-slides-5-touches-95000-mark-why-is-btc-going-down\">potential downside move<\/a> for <strong>Bitcoin <\/strong>(CRYPTO: <a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/btc\/usd\">BTC<\/a>) in the short-term, according to<strong> Joe McCann<\/strong>, founder of <strong>Asymmetric<\/strong>.<\/p>\n<p><strong>What Happened: <\/strong>McCann\u2019s <a href=\"https:\/\/x.com\/joemccann\/status\/1876803399854817562\">analysis<\/a> from Tuesday paints a bearish picture, shifting away from previous bullish sentiments, as he notes a confluence of technical and macroeconomic indicators pointing toward a near-term price correction.<\/p>\n<p>McCann highlighted several factors supporting his short-term bearish outlook, including technical patterns, market liquidity and broader economic conditions.<\/p>\n<p>\u201cThe month of December printed a shooting star candle,\u201d McCann noted, a technical signal that historically indicates bearish sentiment. <\/p>\n<p>\u201cThere is a massive gap to be filled in the CME Bitcoin futures product\u2026down &#8230;<\/p>\n<p><a href=\"https:\/\/www.benzinga.com\/markets\/cryptocurrency\/25\/01\/42874069\/bitcoin-could-drop-as-low-as-75000-if-it-fills-this-liquidity-gap-expert-warns\" alt=\"Bitcoin\" could drop as low if it fills this liquidity gap expert warns>Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>A significant gap in the Chicago Mercantile Exchange (NASDAQ:CME) Bitcoin futures contract near $75,000, suggests a potential downside move for Bitcoin (CRYPTO: BTC) in the short-term, according to Joe McCann, founder of Asymmetric. What Happened: McCann\u2019s analysis from Tuesday paints a bearish picture, shifting away from previous bullish sentiments, as he notes a confluence of [&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-6648","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\/6648","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=6648"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/6648\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=6648"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=6648"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=6648"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}