{"id":7183,"date":"2025-01-11T20:01:38","date_gmt":"2025-01-11T20:01:38","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=7183"},"modified":"2025-01-11T20:01:38","modified_gmt":"2025-01-11T20:01:38","slug":"analyst-warns-of-bitcoins-uncertain-future-amid-key-support-breakdown-it-could-get-ugly","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=7183","title":{"rendered":"Analyst Warns of Bitcoin&#8217;s Uncertain Future Amid Key Support Breakdown: &#8216;It Could Get Ugly&#8217;"},"content":{"rendered":"<div>\n<p>A prominent cryptocurrency analyst has raised concerns about <strong>Bitcoin<\/strong>\u2018s (CRYPTO: <a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/btc\/usd\">BTC<\/a>) potential downfall if it fails to maintain a significant support level.<\/p>\n<p><strong>What Happened<\/strong>: <strong>Altcoin Sherpa<\/strong>, a well-known crypto trader, alerted on X that Bitcoin\u2019s value could plummet to the low $80,000 range if it fails to hold $90,000 as support.<\/p>\n<p>Altcoin Sherpa further speculated that Bitcoin might continue its bearish trend until the US government finalizes its plans for the Bitcoin seized\u00a0from the Silk Road darknet\u00a0marketplace. <\/p>\n<p>This speculation comes in the wake of reports that the government has received legal approval\u00a0to sell over 69,000 BTC.<\/p>\n<p><figure class=\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\"><\/p>\n<div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\"><a href=\"https:\/\/twitter.com\/search?q=%24BTC&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$BTC<\/a> maybe we&#8217;re going to just see an endless twap sell  for now and no &#8230;<\/p>\n<\/blockquote>\n<\/div>\n<\/figure>\n<p><a href=\"https:\/\/www.benzinga.com\/markets\/cryptocurrency\/25\/01\/42933328\/analyst-warns-of-bitcoins-uncertain-future-amid-key-support-breakdown-it-could-get-ugly\" alt=\"Analyst\" warns of bitcoin uncertain future amid key support breakdown: could get ugly>Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>A prominent cryptocurrency analyst has raised concerns about Bitcoin\u2018s (CRYPTO: BTC) potential downfall if it fails to maintain a significant support level. What Happened: Altcoin Sherpa, a well-known crypto trader, alerted on X that Bitcoin\u2019s value could plummet to the low $80,000 range if it fails to hold $90,000 as support. Altcoin Sherpa further speculated [&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-7183","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\/7183","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=7183"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/7183\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=7183"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=7183"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=7183"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}