{"id":6873,"date":"2025-01-09T17:17:06","date_gmt":"2025-01-09T17:17:06","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=6873"},"modified":"2025-01-09T17:17:06","modified_gmt":"2025-01-09T17:17:06","slug":"3-bearish-factors-that-could-drag-bitcoin-below-90000","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=6873","title":{"rendered":"3 Bearish Factors That Could Drag Bitcoin Below $90,000"},"content":{"rendered":"<div>\n<p>Cryptocurrency analysts are expressing caution about<strong> Bitcoin<\/strong>\u2018s (CRYPTO: <a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/btc\/usd\">BTC<\/a>) near-term price action, pointing to continued government sell-offs, market liquidity issues and the uncertainty surrounding the altcoin market <a href=\"https:\/\/www.benzinga.com\/money\/bitcoin-price-prediction\">as bearish factors<\/a>.<\/p>\n<p><strong>What Happened: <\/strong>Pseudonymous analyst Altcoin Sherpa <a href=\"https:\/\/x.com\/AltcoinSherpa\/status\/1877309941221888090\">indicated<\/a> lack of buying pressure, cautioning about selling pressure due to the government\u2019s ongoing Bitcoin liquidation.<\/p>\n<p>He also warned that overleveraged traders could face substantial losses if Bitcoin drops below the $90,000 level, leading to potential wicks down to the mid-low $80,000s in specific scenarios.<\/p>\n<p>According to Sherpa, absorption of the sell-off isn\u2019t assured, meaning Bitcoin faces a precarious situation.<\/p>\n<p>Analyst Kevin supported Sherpa\u2019s analysis, <a ...><\/p>\n<p><a href=\"https:\/\/www.benzinga.com\/markets\/cryptocurrency\/25\/01\/42899528\/3-bearish-factors-that-could-drag-bitcoin-below-90000\" alt=\"3\" bearish factors that could drag bitcoin below>Full story available on Benzinga.com<\/a><\/p>\n<p><\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Cryptocurrency analysts are expressing caution about Bitcoin\u2018s (CRYPTO: BTC) near-term price action, pointing to continued government sell-offs, market liquidity issues and the uncertainty surrounding the altcoin market as bearish factors. What Happened: Pseudonymous analyst Altcoin Sherpa indicated lack of buying pressure, cautioning about selling pressure due to the government\u2019s ongoing Bitcoin liquidation. He also warned [&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-6873","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\/6873","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=6873"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/6873\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=6873"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=6873"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=6873"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}