{"id":694,"date":"2024-10-04T13:31:47","date_gmt":"2024-10-04T13:31:47","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=694"},"modified":"2024-10-04T13:31:47","modified_gmt":"2024-10-04T13:31:47","slug":"bitcoin-rebounds-above-61500-and-80k-is-more-likely-than-40k-says-top-technical-analyst","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=694","title":{"rendered":"Bitcoin Rebounds Above $61,500 And $80K Is More Likely Than $40K, Says Top Technical Analyst"},"content":{"rendered":"<div>\n<p>Pseudonymous technical analyst <strong>DonAlt<\/strong> highlighted the tension between bullish high timeframe charts and bearish low timeframe action for <strong>Bitcoin <\/strong>(CRYPTO: <a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/btc\/usd\">BTC<\/a>) as the apex crypto rebounded <a href=\"https:\/\/www.benzinga.com\/markets\/cryptocurrency\/24\/10\/41172667\/bitcoin-ethereum-dogecoin-drop-again-continue-defying-uptober-sentiments-watch-this-key-le\">back above $61,500<\/a>.<\/p>\n<p><strong>What Happened: <\/strong>In the latest podcast <a href=\"https:\/\/www.youtube.com\/watch?v=0wODRyjcDHc\">update<\/a>, the analyst noted Bitcoin\u2019s return to support on the monthly chart, which is &#8220;not the best&#8221; but not overly concerning too. He added that if there were no upward movement in the next 29 days, he&#8217;d start to worry.<\/p>\n<p>The weekly timeframe is &#8220;not that bad&#8221; although the analyst acknowledged the quick retrace from the previous week\u2019s breakout. He&#8217;s watching to see if Bitcoin can hold support &#8230;<\/p>\n<p><a href=\"https:\/\/www.benzinga.com\/markets\/cryptocurrency\/24\/10\/41185013\/bitcoin-rebounds-above-61-500-and-80k-is-more-likely-than-40k-says-top-technical-analyst\" alt=\"Bitcoin\" rebounds above and is more likely than says top technical analyst>Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Pseudonymous technical analyst DonAlt highlighted the tension between bullish high timeframe charts and bearish low timeframe action for Bitcoin (CRYPTO: BTC) as the apex crypto rebounded back above $61,500. What Happened: In the latest podcast update, the analyst noted Bitcoin\u2019s return to support on the monthly chart, which is &#8220;not the best&#8221; but not overly [&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-694","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\/694","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=694"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/694\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=694"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=694"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=694"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}