{"id":839,"date":"2024-10-08T13:04:15","date_gmt":"2024-10-08T13:04:15","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=839"},"modified":"2024-10-08T13:04:15","modified_gmt":"2024-10-08T13:04:15","slug":"bitcoin-dips-below-63k-what-does-technical-analysis-say","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=839","title":{"rendered":"Bitcoin Dips Below $63K: What Does Technical Analysis Say?"},"content":{"rendered":"<div>\n<p>In his latest \u201cMonday Markets\u201d podcast, technical analyst CryptoCred offers insights into the current cryptocurrency market, focusing on <strong>Bitcoin&#8217;s<\/strong> (CRYPTO: <a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/btc\/usd\">BTC<\/a>) key levels and potential <a href=\"https:\/\/www.benzinga.com\/money\/bitcoin-price-prediction\">trading strategies for altcoins<\/a>.<\/p>\n<p><strong>What Happened: <\/strong>CryptoCred identifies $64,200 as a crucial resistance level for Bitcoin on the weekly timeframe, noting that it represents the highest close before a recent pullback. He suggests that a breakthrough above this level could signal strength, while a rejection might lead to a deeper pullback towards $58,000-$58,700.<\/p>\n<p>On Oct. 7, Bitcoin prices briefly peaked at $64,198 before dropping to $62,420 at the time of writing. <\/p>\n<p>For short to medium-term trading, CryptoCred <a href=\"https:\/\/www.youtube.com\/watch?v=N-5ZupdUAhw\">outlines<\/a> a range between $64,200 as &#8230;<\/p>\n<p><a href=\"https:\/\/www.benzinga.com\/markets\/cryptocurrency\/24\/10\/41227596\/bitcoin-dips-below-63k-what-does-technical-analysis-say\" alt=\"Bitcoin\" dips below what does technical analysis say>Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>In his latest \u201cMonday Markets\u201d podcast, technical analyst CryptoCred offers insights into the current cryptocurrency market, focusing on Bitcoin&#8217;s (CRYPTO: BTC) key levels and potential trading strategies for altcoins. What Happened: CryptoCred identifies $64,200 as a crucial resistance level for Bitcoin on the weekly timeframe, noting that it represents the highest close before a recent [&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-839","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\/839","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=839"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/839\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=839"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=839"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=839"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}