{"id":8059,"date":"2025-01-16T15:17:30","date_gmt":"2025-01-16T15:17:30","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=8059"},"modified":"2025-01-16T15:17:30","modified_gmt":"2025-01-16T15:17:30","slug":"bitcoin-sitting-under-100000-what-does-technical-analysis-say","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=8059","title":{"rendered":"Bitcoin Sitting Under $100,000: What Does Technical Analysis Say?"},"content":{"rendered":"<div>\n<p><strong>Bitcoin\u2019s<\/strong> (CRYPTO: <a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/btc\/usd\">BTC<\/a>) 6% rally over the past seven days has technical analysts cautiously bullish about <a href=\"https:\/\/www.benzinga.com\/money\/bitcoin-price-prediction\">its near-term prospects.<\/a><\/p>\n<p><strong>What Happened:<\/strong> The apex cryptocurrency briefly tapped the $100,000 mark on Wednesday following cooler-than-expected inflation data but remains below the six-figure mark, trading around $97,600 at the time of writing.<\/p>\n<p>Prominent technical analyst Kevin <a href=\"https:\/\/x.com\/Kev_Capital_TA\/status\/1879690896373084400\">highlighted<\/a> on Wednesday that Bitcoin remains in a falling wedge pattern, a bullish structure that necessitates caution until Bitcoin surpasses $104,000<\/p>\n<p>\u201cIt\u2019s not time to get overly bullish yet; there\u2019s still a lot of work to do,\u201d he noted.<\/p>\n<p>Kevin also pointed out that Bitcoin&#8217;s dominance &#8230;<\/p>\n<p><a href=\"https:\/\/www.benzinga.com\/markets\/cryptocurrency\/25\/01\/43030385\/bitcoin-sitting-under-100000-what-does-technical-analysis-say\" alt=\"Bitcoin\" sitting under what does technical analysis say>Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Bitcoin\u2019s (CRYPTO: BTC) 6% rally over the past seven days has technical analysts cautiously bullish about its near-term prospects. What Happened: The apex cryptocurrency briefly tapped the $100,000 mark on Wednesday following cooler-than-expected inflation data but remains below the six-figure mark, trading around $97,600 at the time of writing. Prominent technical analyst Kevin highlighted on [&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-8059","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\/8059","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=8059"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/8059\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=8059"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=8059"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=8059"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}