{"id":369557,"date":"2019-01-29T09:00:49","date_gmt":"2019-01-29T09:00:49","guid":{"rendered":"https:\/\/ktsl888.com\/?p=369557"},"modified":"2019-01-29T04:05:37","modified_gmt":"2019-01-29T04:05:37","slug":"downtrend-confirmations-spell-more-pain-for-bitcoin-where-will-it-bottom","status":"publish","type":"post","link":"https:\/\/ktsl888.com\/news\/downtrend-confirmations-spell-more-pain-for-bitcoin-where-will-it-bottom\/","title":{"rendered":"Downtrend Confirmations Spell More Pain For Bitcoin, Where Will it Bottom?"},"content":{"rendered":"<p>By many accounts Bitcoin is not out of the woods and has a lot further to fall before any glimmer of a recovery or trend reversal is to be seen. A number of indicators have been used to get as accurate a price prediction as possible but the overall trend line is usually the most reliable.<\/p>\n<h2>Bitcoin Bears Will Lurk For Longer<\/h2>\n<p>Yesterday\u2019s <a href=\"https:\/\/ktsl888.com\/2019\/01\/28\/crypto-market-wrap-7-billion-dumped-to-new-2019-lows\/\">$7 billion dump<\/a> has strengthened the long term trend and its downward march will continue into 2019. Bitcoin has been overwhelmed by resistance walls at both $4,000 then $3,600 so far this year and has failed to overcome them after a couple of weeks trying at both levels. Its next support zone is around $3,200, which also formed its lowest level of 2018 in mid-December.<\/p>\n<p>A number of prominent analysts and crypto traders are of similar opinion that Bitcoin will fall through this support and dump below $3,000 in the coming weeks. Willy Woo has labeled today as D-Day for downtrend confirmation with higher volumes indicating more bearish action;<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">Today is D-Day for down-trend confirmation. We need to see more volume build upon yesterday. (Chart shows 2.5hrs of traded volume so far for today). Technically we broke the volume trend line yesterday,  but I&#39;d like to see one more day of higher volumes for confirmation. <a href=\"https:\/\/t.co\/dFE9KYEKXz\" rel=\"nofollow\">pic.twitter.com\/dFE9KYEKXz<\/a><\/p>\n<p>&mdash; Willy Woo (@woonomic) <a href=\"https:\/\/twitter.com\/woonomic\/status\/80146432?ref_src=twsrc%5Etfw\" rel=\"nofollow\">January 29, 2019<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>Several have responded with the big question; <a href=\"https:\/\/ktsl888.com\/2019\/01\/28\/bitcoin-bears-back-in-play-how-low-will-btc-go-this-time\/\">where is the bottom for Bitcoin<\/a>? Woo expects that to be in the low $2,000 range with a possible final capitulation below this level briefly;<\/p>\n<blockquote><p>\u201cThere were a lot of coins bought in the $2200-$2800 range on the way up, I can concur this is the likely accumulation bottom, I&#8217;m picking in the price will settle lower part of this range &#8211;\u00a0 Doesn&#8217;t preclude a capitulation wick lower, but that wick is not 100%.\u201d<\/p><\/blockquote>\n<p>Boomerang Capital replied with &#8220;High volume dump today, but buyers stepped in before the daily close. After breaking below the swing low on the previous last two-week range at $3.5k, that level will now act as strong resistance.&#8221;<\/p>\n<p>Also well followed for his technical analysis and previous predictions, <a href=\"https:\/\/ktsl888.com\/?s=Murad+Mahmudov\">Murad Mahmudov<\/a>, noted that the downtrend line for total crypto market capitalization has been hit for the eighth time in a row since the bear market began over a year ago;<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">yup. rejected by this diagonal yet again. 8th time in a row.<\/p>\n<p>This image is literally what money flowing out of the entire asset class in real-time looks like. <a href=\"https:\/\/t.co\/Cm8fdMXxD8\" rel=\"nofollow\">pic.twitter.com\/Cm8fdMXxD8<\/a><\/p>\n<p>&mdash; Murad (@MustStopMurad) <a href=\"https:\/\/twitter.com\/MustStopMurad\/status\/57346304?ref_src=twsrc%5Etfw\" rel=\"nofollow\">January 28, 2019<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>Murad has long predicted a <a href=\"https:\/\/ktsl888.com\/2019\/01\/14\/analyst-final-capitulation-could-see-bitcoin-at-1800-before-trend-reversal\/\">final capitulation down to $1,800<\/a> by using a range of technical indicators. This, he claims, will be by the middle of the year where Bitcoin will stay for a couple of months before a reversal in Q3.<\/p>\n<p>The end of the week could spell another big dump were total market capitalization drops close to $100 billion and Bitcoin falls to support at $3,200 again. If all analysts and indicators ring true there will be a lot more pain before any gain in cryptoland.<\/p>\n<pre>Image from Shutterstock<\/pre>\n","protected":false},"excerpt":{"rendered":"<p>By many accounts Bitcoin is not out of the woods and has a lot further to fall before any glimmer of a recovery or trend reversal is to be seen. A number of indicators have been used to get as accurate a price prediction as possible but the overall trend line is usually the most reliable. Bitcoin Bears Will Lurk For Longer Yesterday\u2019s $7 billion dump has strengthened the long term trend and its downward march will continue into 2019. Bitcoin has been overwhelmed by resistance walls at both $4,000 then $3,600 so far this year and has failed to overcome them after a couple of weeks trying at both levels. Its next support zone is around $3,200, which also formed its lowest level of 2018 in mid-December. A number of prominent analysts and crypto traders are of similar opinion that Bitcoin will fall through this support and dump below $3,000 in the coming weeks. Willy Woo has labeled today as D-Day for downtrend confirmation with higher volumes indicating more bearish action; Today is D-Day for down-trend confirmation. We need to see more volume build upon yesterday. (Chart shows 2.5hrs of traded volume so far for today). Technically we broke the volume trend line yesterday, but I&#39;d like to see one more day of higher volumes for confirmation. pic.twitter.com\/dFE9KYEKXz &mdash; Willy Woo (@woonomic) January 29, 2019 Several have responded with the big question; where is the bottom for Bitcoin? Woo expects that to be in the low $2,000 range with a possible final capitulation below this level briefly; \u201cThere were a lot of coins bought in the $2200-$2800 range on the way up, I can concur this is the likely accumulation bottom, I&#8217;m picking in the price will settle lower part of this range &#8211;\u00a0 Doesn&#8217;t preclude a capitulation wick lower, but that wick is not 100%.\u201d Boomerang Capital replied with &#8220;High volume dump today, but buyers stepped in before the daily close. After breaking below the swing low on the previous last two-week range at $3.5k, that level will now act as strong resistance.&#8221; Also well followed for his technical analysis and previous predictions, Murad Mahmudov, noted that the downtrend line for total crypto market capitalization has been hit for the eighth time in a row since the bear market began over a year ago; yup. rejected by this diagonal yet again. 8th time in a row. This image is literally what money flowing out of the entire asset class in real-time looks like. pic.twitter.com\/Cm8fdMXxD8 &mdash; Murad (@MustStopMurad) January 28, 2019 Murad has long predicted a final capitulation down to $1,800 by using a range of technical indicators. This, he claims, will be by the middle of the year where Bitcoin will stay for a couple of months before a reversal in Q3. The end of the week could spell another big dump were total market capitalization drops close to $100 billion and Bitcoin falls to support at $3,200 again. If all analysts and indicators ring true there will be a lot more pain before any gain in cryptoland. Image from Shutterstock<\/p>\n","protected":false},"author":386,"featured_media":363293,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[5651,3],"tags":[5687,428,1119,12254,3496,4222],"class_list":["post-369557","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bitcoin","category-news","tag-bear-market","tag-bitcoin","tag-btc","tag-crypto-crash","tag-prediction","tag-trendline"],"acf":[],"yoast_head":"\n<title>Downtrend Confirmations Spell More Pain For Bitcoin, Where Will it Bottom?<\/title>\n<meta name=\"description\" content=\"By many accounts Bitcoin is not out of the woods and has a lot further to fall before any glimmer of a recovery or trend reversal is to be seen. A number By many accounts Bitcoin is not out of the woods and has a lot further to fall before any glimmer of a recovery or trend reversal is to be seen.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/ktsl888.com\/news\/downtrend-confirmations-spell-more-pain-for-bitcoin-where-will-it-bottom\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Downtrend Confirmations Spell More Pain For Bitcoin, Where Will it Bottom?\" \/>\n<meta property=\"og:description\" content=\"By many accounts Bitcoin is not out of the woods and has a lot further to fall before any glimmer of a recovery or trend reversal is to be seen. A number By many accounts Bitcoin is not out of the woods and has a lot further to fall before any glimmer of a recovery or trend reversal is to be seen.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/ktsl888.com\/news\/downtrend-confirmations-spell-more-pain-for-bitcoin-where-will-it-bottom\/\" \/>\n<meta property=\"og:site_name\" content=\"NewsBTC\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/newsbtc\" \/>\n<meta property=\"article:published_time\" content=\"2019-01-29T09:00:49+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2019-01-29T04:05:37+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/ktsl888.com\/wp-content\/uploads\/2018\/11\/fallingmarkets.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"822\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Martin Young\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@Crypt0nuts\" \/>\n<meta name=\"twitter:site\" content=\"@newsbtc\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Martin Young\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"NewsArticle\",\"@id\":\"https:\/\/ktsl888.com\/news\/downtrend-confirmations-spell-more-pain-for-bitcoin-where-will-it-bottom\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/ktsl888.com\/news\/downtrend-confirmations-spell-more-pain-for-bitcoin-where-will-it-bottom\/\"},\"author\":{\"name\":\"Martin Young\",\"@id\":\"https:\/\/ktsl888.com\/#\/schema\/person\/7afb3a40e2803b100688938c074fd854\"},\"headline\":\"Downtrend Confirmations Spell More Pain For Bitcoin, Where Will it Bottom?\",\"datePublished\":\"2019-01-29T09:00:49+00:00\",\"dateModified\":\"2019-01-29T04:05:37+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/ktsl888.com\/news\/downtrend-confirmations-spell-more-pain-for-bitcoin-where-will-it-bottom\/\"},\"wordCount\":432,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/ktsl888.com\/#organization\"},\"image\":{\"@id\":\"https:\/\/ktsl888.com\/news\/downtrend-confirmations-spell-more-pain-for-bitcoin-where-will-it-bottom\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/ktsl888.com\/wp-content\/uploads\/2018\/11\/fallingmarkets.jpg?fit=1200%2C822\",\"keywords\":[\"Bear market\",\"bitcoin\",\"btc\",\"crypto crash\",\"prediction\",\"trendline\"],\"articleSection\":[\"Bitcoin\",\"Cryptocurrency Market News\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/ktsl888.com\/news\/downtrend-confirmations-spell-more-pain-for-bitcoin-where-will-it-bottom\/#respond\"]}],\"copyrightYear\":\"2019\",\"copyrightHolder\":{\"@id\":\"https:\/\/ktsl888.com\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/ktsl888.com\/news\/downtrend-confirmations-spell-more-pain-for-bitcoin-where-will-it-bottom\/\",\"url\":\"https:\/\/ktsl888.com\/news\/downtrend-confirmations-spell-more-pain-for-bitcoin-where-will-it-bottom\/\",\"name\":\"Downtrend Confirmations Spell More Pain For Bitcoin, Where Will it Bottom?\",\"isPartOf\":{\"@id\":\"https:\/\/ktsl888.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/ktsl888.com\/news\/downtrend-confirmations-spell-more-pain-for-bitcoin-where-will-it-bottom\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/ktsl888.com\/news\/downtrend-confirmations-spell-more-pain-for-bitcoin-where-will-it-bottom\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/ktsl888.com\/wp-content\/uploads\/2018\/11\/fallingmarkets.jpg?fit=1200%2C822\",\"datePublished\":\"2019-01-29T09:00:49+00:00\",\"dateModified\":\"2019-01-29T04:05:37+00:00\",\"description\":\"By many accounts Bitcoin is not out of the woods and has a lot further to fall before any glimmer of a recovery or trend reversal is to be seen. A number By many accounts Bitcoin is not out of the woods and has a lot further to fall before any glimmer of a recovery or trend reversal is to be seen.\",\"breadcrumb\":{\"@id\":\"https:\/\/ktsl888.com\/news\/downtrend-confirmations-spell-more-pain-for-bitcoin-where-will-it-bottom\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/ktsl888.com\/news\/downtrend-confirmations-spell-more-pain-for-bitcoin-where-will-it-bottom\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/ktsl888.com\/news\/downtrend-confirmations-spell-more-pain-for-bitcoin-where-will-it-bottom\/#primaryimage\",\"url\":\"https:\/\/ktsl888.com\/wp-content\/uploads\/2018\/11\/fallingmarkets.jpg?fit=1200%2C822\",\"contentUrl\":\"https:\/\/ktsl888.com\/wp-content\/uploads\/2018\/11\/fallingmarkets.jpg?fit=1200%2C822\",\"width\":1200,\"height\":822,\"caption\":\"Bitcoin\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/ktsl888.com\/news\/downtrend-confirmations-spell-more-pain-for-bitcoin-where-will-it-bottom\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/ktsl888.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Downtrend Confirmations Spell More Pain For Bitcoin, Where Will it Bottom?\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/ktsl888.com\/#website\",\"url\":\"https:\/\/ktsl888.com\/\",\"name\":\"NewsBTC\",\"description\":\"Bitcoin &amp; Cryptocurrency News Today\",\"publisher\":{\"@id\":\"https:\/\/ktsl888.com\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/ktsl888.com\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/ktsl888.com\/#organization\",\"name\":\"NewsBTC\",\"url\":\"https:\/\/ktsl888.com\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/ktsl888.com\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/ktsl888.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46\",\"contentUrl\":\"https:\/\/ktsl888.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46\",\"width\":157,\"height\":46,\"caption\":\"NewsBTC\"},\"image\":{\"@id\":\"https:\/\/ktsl888.com\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/www.facebook.com\/newsbtc\",\"https:\/\/x.com\/newsbtc\",\"https:\/\/www.youtube.com\/channel\/UC9v9erBEru5y4c3FA0wehEw\"]},{\"@type\":\"Person\",\"@id\":\"https:\/\/ktsl888.com\/#\/schema\/person\/7afb3a40e2803b100688938c074fd854\",\"name\":\"Martin Young\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/ktsl888.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/f7bfa29036dc6f6195807a7f437b3041?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/f7bfa29036dc6f6195807a7f437b3041?s=96&d=mm&r=g\",\"caption\":\"Martin Young\"},\"description\":\"Martin is a Southeast Asia based info-tech, cyber security, and cryptocurrency analyst with 20 years working in web technology and media.\",\"sameAs\":[\"http:\/\/cryptonuts.io\",\"https:\/\/x.com\/Crypt0nuts\"],\"url\":\"https:\/\/ktsl888.com\/author\/martin\/\"}]}<\/script>\n","yoast_head_json":{"title":"Downtrend Confirmations Spell More Pain For Bitcoin, Where Will it Bottom?","description":"By many accounts Bitcoin is not out of the woods and has a lot further to fall before any glimmer of a recovery or trend reversal is to be seen. A number By many accounts Bitcoin is not out of the woods and has a lot further to fall before any glimmer of a recovery or trend reversal is to be seen.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/ktsl888.com\/news\/downtrend-confirmations-spell-more-pain-for-bitcoin-where-will-it-bottom\/","og_locale":"en_US","og_type":"article","og_title":"Downtrend Confirmations Spell More Pain For Bitcoin, Where Will it Bottom?","og_description":"By many accounts Bitcoin is not out of the woods and has a lot further to fall before any glimmer of a recovery or trend reversal is to be seen. A number By many accounts Bitcoin is not out of the woods and has a lot further to fall before any glimmer of a recovery or trend reversal is to be seen.","og_url":"https:\/\/ktsl888.com\/news\/downtrend-confirmations-spell-more-pain-for-bitcoin-where-will-it-bottom\/","og_site_name":"NewsBTC","article_publisher":"https:\/\/www.facebook.com\/newsbtc","article_published_time":"2019-01-29T09:00:49+00:00","article_modified_time":"2019-01-29T04:05:37+00:00","og_image":[{"width":1200,"height":822,"url":"https:\/\/ktsl888.com\/wp-content\/uploads\/2018\/11\/fallingmarkets.jpg","type":"image\/jpeg"}],"author":"Martin Young","twitter_card":"summary_large_image","twitter_creator":"@Crypt0nuts","twitter_site":"@newsbtc","twitter_misc":{"Written by":"Martin Young","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"NewsArticle","@id":"https:\/\/ktsl888.com\/news\/downtrend-confirmations-spell-more-pain-for-bitcoin-where-will-it-bottom\/#article","isPartOf":{"@id":"https:\/\/ktsl888.com\/news\/downtrend-confirmations-spell-more-pain-for-bitcoin-where-will-it-bottom\/"},"author":{"name":"Martin Young","@id":"https:\/\/ktsl888.com\/#\/schema\/person\/7afb3a40e2803b100688938c074fd854"},"headline":"Downtrend Confirmations Spell More Pain For Bitcoin, Where Will it Bottom?","datePublished":"2019-01-29T09:00:49+00:00","dateModified":"2019-01-29T04:05:37+00:00","mainEntityOfPage":{"@id":"https:\/\/ktsl888.com\/news\/downtrend-confirmations-spell-more-pain-for-bitcoin-where-will-it-bottom\/"},"wordCount":432,"commentCount":0,"publisher":{"@id":"https:\/\/ktsl888.com\/#organization"},"image":{"@id":"https:\/\/ktsl888.com\/news\/downtrend-confirmations-spell-more-pain-for-bitcoin-where-will-it-bottom\/#primaryimage"},"thumbnailUrl":"https:\/\/ktsl888.com\/wp-content\/uploads\/2018\/11\/fallingmarkets.jpg?fit=1200%2C822","keywords":["Bear market","bitcoin","btc","crypto crash","prediction","trendline"],"articleSection":["Bitcoin","Cryptocurrency Market News"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/ktsl888.com\/news\/downtrend-confirmations-spell-more-pain-for-bitcoin-where-will-it-bottom\/#respond"]}],"copyrightYear":"2019","copyrightHolder":{"@id":"https:\/\/ktsl888.com\/#organization"}},{"@type":"WebPage","@id":"https:\/\/ktsl888.com\/news\/downtrend-confirmations-spell-more-pain-for-bitcoin-where-will-it-bottom\/","url":"https:\/\/ktsl888.com\/news\/downtrend-confirmations-spell-more-pain-for-bitcoin-where-will-it-bottom\/","name":"Downtrend Confirmations Spell More Pain For Bitcoin, Where Will it Bottom?","isPartOf":{"@id":"https:\/\/ktsl888.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/ktsl888.com\/news\/downtrend-confirmations-spell-more-pain-for-bitcoin-where-will-it-bottom\/#primaryimage"},"image":{"@id":"https:\/\/ktsl888.com\/news\/downtrend-confirmations-spell-more-pain-for-bitcoin-where-will-it-bottom\/#primaryimage"},"thumbnailUrl":"https:\/\/ktsl888.com\/wp-content\/uploads\/2018\/11\/fallingmarkets.jpg?fit=1200%2C822","datePublished":"2019-01-29T09:00:49+00:00","dateModified":"2019-01-29T04:05:37+00:00","description":"By many accounts Bitcoin is not out of the woods and has a lot further to fall before any glimmer of a recovery or trend reversal is to be seen. A number By many accounts Bitcoin is not out of the woods and has a lot further to fall before any glimmer of a recovery or trend reversal is to be seen.","breadcrumb":{"@id":"https:\/\/ktsl888.com\/news\/downtrend-confirmations-spell-more-pain-for-bitcoin-where-will-it-bottom\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/ktsl888.com\/news\/downtrend-confirmations-spell-more-pain-for-bitcoin-where-will-it-bottom\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/ktsl888.com\/news\/downtrend-confirmations-spell-more-pain-for-bitcoin-where-will-it-bottom\/#primaryimage","url":"https:\/\/ktsl888.com\/wp-content\/uploads\/2018\/11\/fallingmarkets.jpg?fit=1200%2C822","contentUrl":"https:\/\/ktsl888.com\/wp-content\/uploads\/2018\/11\/fallingmarkets.jpg?fit=1200%2C822","width":1200,"height":822,"caption":"Bitcoin"},{"@type":"BreadcrumbList","@id":"https:\/\/ktsl888.com\/news\/downtrend-confirmations-spell-more-pain-for-bitcoin-where-will-it-bottom\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/ktsl888.com\/"},{"@type":"ListItem","position":2,"name":"Downtrend Confirmations Spell More Pain For Bitcoin, Where Will it Bottom?"}]},{"@type":"WebSite","@id":"https:\/\/ktsl888.com\/#website","url":"https:\/\/ktsl888.com\/","name":"NewsBTC","description":"Bitcoin &amp; Cryptocurrency News Today","publisher":{"@id":"https:\/\/ktsl888.com\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/ktsl888.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/ktsl888.com\/#organization","name":"NewsBTC","url":"https:\/\/ktsl888.com\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/ktsl888.com\/#\/schema\/logo\/image\/","url":"https:\/\/ktsl888.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46","contentUrl":"https:\/\/ktsl888.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46","width":157,"height":46,"caption":"NewsBTC"},"image":{"@id":"https:\/\/ktsl888.com\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/newsbtc","https:\/\/x.com\/newsbtc","https:\/\/www.youtube.com\/channel\/UC9v9erBEru5y4c3FA0wehEw"]},{"@type":"Person","@id":"https:\/\/ktsl888.com\/#\/schema\/person\/7afb3a40e2803b100688938c074fd854","name":"Martin Young","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/ktsl888.com\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/f7bfa29036dc6f6195807a7f437b3041?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/f7bfa29036dc6f6195807a7f437b3041?s=96&d=mm&r=g","caption":"Martin Young"},"description":"Martin is a Southeast Asia based info-tech, cyber security, and cryptocurrency analyst with 20 years working in web technology and media.","sameAs":["http:\/\/cryptonuts.io","https:\/\/x.com\/Crypt0nuts"],"url":"https:\/\/ktsl888.com\/author\/martin\/"}]}},"parsely":{"version":"1.1.0","meta":{"@context":"https:\/\/schema.org","@type":"NewsArticle","headline":"Downtrend Confirmations Spell More Pain For Bitcoin, Where Will it Bottom?","url":"http:\/\/ktsl888.com\/news\/downtrend-confirmations-spell-more-pain-for-bitcoin-where-will-it-bottom\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/ktsl888.com\/news\/downtrend-confirmations-spell-more-pain-for-bitcoin-where-will-it-bottom\/"},"thumbnailUrl":"https:\/\/ktsl888.com\/wp-content\/uploads\/2018\/11\/fallingmarkets.jpg?resize=200%2C200","image":{"@type":"ImageObject","url":"https:\/\/ktsl888.com\/wp-content\/uploads\/2018\/11\/fallingmarkets.jpg?fit=1200%2C822"},"articleSection":"Bitcoin","author":[{"@type":"Person","name":"Martin Young"}],"creator":["Martin Young"],"publisher":{"@type":"Organization","name":"NewsBTC","logo":"https:\/\/ktsl888.com\/wp-content\/uploads\/2020\/06\/cropped-cropped-cropped-favicon.png?w=32"},"keywords":["bear market","bitcoin","btc","crypto crash","prediction","trendline"],"dateCreated":"2019-01-29T09:00:49Z","datePublished":"2019-01-29T09:00:49Z","dateModified":"2019-01-29T09:00:49Z"},"rendered":"<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"NewsArticle\",\"headline\":\"Downtrend Confirmations Spell More Pain For Bitcoin, Where Will it Bottom?\",\"url\":\"http:\\\/\\\/ktsl888.com\\\/news\\\/downtrend-confirmations-spell-more-pain-for-bitcoin-where-will-it-bottom\\\/\",\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/ktsl888.com\\\/news\\\/downtrend-confirmations-spell-more-pain-for-bitcoin-where-will-it-bottom\\\/\"},\"thumbnailUrl\":\"https:\\\/\\\/ktsl888.com\\\/wp-content\\\/uploads\\\/2018\\\/11\\\/fallingmarkets.jpg?resize=200%2C200\",\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/ktsl888.com\\\/wp-content\\\/uploads\\\/2018\\\/11\\\/fallingmarkets.jpg?fit=1200%2C822\"},\"articleSection\":\"Bitcoin\",\"author\":[{\"@type\":\"Person\",\"name\":\"Martin Young\"}],\"creator\":[\"Martin Young\"],\"publisher\":{\"@type\":\"Organization\",\"name\":\"NewsBTC\",\"logo\":\"https:\\\/\\\/ktsl888.com\\\/wp-content\\\/uploads\\\/2020\\\/06\\\/cropped-cropped-cropped-favicon.png?w=32\"},\"keywords\":[\"bear market\",\"bitcoin\",\"btc\",\"crypto crash\",\"prediction\",\"trendline\"],\"dateCreated\":\"2019-01-29T09:00:49Z\",\"datePublished\":\"2019-01-29T09:00:49Z\",\"dateModified\":\"2019-01-29T09:00:49Z\"}<\/script>","tracker_url":"https:\/\/cdn.parsely.com\/keys\/ktsl888.com\/p.js"},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/ktsl888.com\/wp-content\/uploads\/2018\/11\/fallingmarkets.jpg?fit=1200%2C822","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/posts\/369557"}],"collection":[{"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/users\/386"}],"replies":[{"embeddable":true,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/comments?post=369557"}],"version-history":[{"count":0,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/posts\/369557\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/media\/363293"}],"wp:attachment":[{"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/media?parent=369557"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/categories?post=369557"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/tags?post=369557"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}