{"id":389611,"date":"2019-07-12T06:00:55","date_gmt":"2019-07-12T06:00:55","guid":{"rendered":"https:\/\/ktsl888.com\/?p=389611"},"modified":"2024-06-11T12:54:38","modified_gmt":"2024-06-11T12:54:38","slug":"bitcoin-price-btc-testing-crucial-support-can-the-bulls-stage-recovery","status":"publish","type":"post","link":"https:\/\/ktsl888.com\/news\/bitcoin-price-btc-testing-crucial-support-can-the-bulls-stage-recovery\/","title":{"rendered":"Bitcoin Price (BTC) Testing Crucial Support: Can The Bulls Stage Recovery?"},"content":{"rendered":"<ul>\n<li>Bitcoin price declined sharply below the $12,000 support area against the US Dollar.<\/li>\n<li>The price traded close to the $11,000 support and it is currently consolidating losses.<\/li>\n<li>There is a key bearish trend line forming with resistance near $11,400 on the hourly chart of the BTC\/USD pair (data feed from Kraken).<\/li>\n<li>The price could either recover above $11,400 or it might extend losses below the $11,000 support.<\/li>\n<\/ul>\n<p><em>Bitcoin price reached the key $11,000 support area against the US Dollar. BTC is currently consolidating and seems to be preparing for the next move either above $11,400 or towards $10,800.<\/em><\/p>\n<h2>Bitcoin Price Analysis<\/h2>\n<p>Yesterday, we saw a sharp decline in bitcoin price below the $12,000 support against the US Dollar. The BTC\/USD pair even settled below the $12,000 support area and the 100 hourly simple moving average. Moreover, there was a break below the $11,800 support and the $11,500 pivot level. The price traded close to the $11,000 support and formed a new weekly low at $10,958. Similarly, there were heavy losses in <a href=\"https:\/\/ktsl888.com\/2019\/07\/12\/ethereum-price-eth-btc-could-correct-higher\/\" target=\"_blank\" rel=\"noopener noreferrer \">Ethereum<\/a>, BCH and <a href=\"https:\/\/ktsl888.com\/2019\/07\/12\/ripple-price-xrp-could-underperform-recovery-could-face-hurdles\/\" target=\"_blank\" rel=\"noopener noreferrer \">ripple<\/a>.<\/p>\n<p>Recently, there was an upside correction above the $11,200 level. Moreover, the price broke the 50% Fib retracement level of the recent decline from the $11,829 high to $10,958 low. However, the upward move was capped by the $11,500 resistance level. The 61.8% Fib retracement level of the recent decline from the $11,829 high to $10,958 low also acted as a resistance.<\/p>\n<p>At the outset, the price is consolidating losses above the $11,000 support level. On the upside, there is a key bearish trend line forming with resistance near $11,400 on the hourly chart of the BTC\/USD pair. If there is an upside break above $11,400 and $11,500, bitcoin price could recover towards the $11,650 and $11,700 levels. However, the main resistance for the bulls is near the $11,800 level (the previous support).<\/p>\n<p>Conversely, there could be more losses if there is no break above $11,400 and $11,500. The <a href=\"https:\/\/ktsl888.com\/2019\/07\/11\/bitcoin-price-btc-tumbles-2000-in-few-hours-10800-holds-key\/\" target=\"_blank\" rel=\"noopener noreferrer \">main supports on the downside are near $11,000 and $10,800<\/a>. If there is a downside break below $10,800, the price may accelerate decline towards the $10,000 level.<\/p>\n<p><a href=\"https:\/\/ktsl888.com\/wp-content\/uploads\/2019\/07\/Bitcoin-11.png\"><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-389612\" src=\"https:\/\/ktsl888.com\/wp-content\/uploads\/2019\/07\/Bitcoin-11.png?resize=1828%2C868\" alt=\"Bitcoin Price Analysis BTC Charr\" width=\"1828\" height=\"868\" srcset=\"https:\/\/ktsl888.com\/wp-content\/uploads\/2019\/07\/Bitcoin-11.png?w=1828 1828w, https:\/\/ktsl888.com\/wp-content\/uploads\/2019\/07\/Bitcoin-11.png?w=460 460w, https:\/\/ktsl888.com\/wp-content\/uploads\/2019\/07\/Bitcoin-11.png?w=768 768w, https:\/\/ktsl888.com\/wp-content\/uploads\/2019\/07\/Bitcoin-11.png?w=860 860w, https:\/\/ktsl888.com\/wp-content\/uploads\/2019\/07\/Bitcoin-11.png?w=1536 1536w, https:\/\/ktsl888.com\/wp-content\/uploads\/2019\/07\/Bitcoin-11.png?w=750 750w, https:\/\/ktsl888.com\/wp-content\/uploads\/2019\/07\/Bitcoin-11.png?w=1140 1140w\" sizes=\"auto, (max-width: 1000px) 100vw, 1000px\"><\/a><\/p>\n<p>Looking at the <a href=\"https:\/\/www.tradingview.com\/symbols\/XBTUSD\/\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">chart<\/a>, bitcoin price seems to be preparing for the next move either above the $11,400 level or below the $11,000 support. As long as the price is trading above the key $10,800 support, there are chances of an upside correction above $11,500.<\/p>\n<p>Technical indicators:<\/p>\n<p>Hourly MACD \u2013 The MACD is slowly moving back in the bearish zone.<\/p>\n<p>Hourly RSI (Relative Strength Index) \u2013 The RSI for BTC\/USD is currently recovering and it could test the 45 level.<\/p>\n<p>Major Support Levels \u2013 $11,000 followed by $10,800.<\/p>\n<p>Major Resistance Levels \u2013 $11,400, $11,500 and $11,800.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bitcoin price declined sharply below the $12,000 support area against the US Dollar. The price traded close to the $11,000 support and it is currently consolidating losses. There is a key bearish trend line forming with resistance near $11,400 on the hourly chart of the BTC\/USD pair (data feed from Kraken). The price could either recover above $11,400 or it might extend losses below the $11,000 support. Bitcoin price reached the key $11,000 support area against the US Dollar. BTC is currently consolidating and seems to be preparing for the next move either above $11,400 or towards $10,800. Bitcoin Price Analysis Yesterday, we saw a sharp decline in bitcoin price below the $12,000 support against the US Dollar. The BTC\/USD pair even settled below the $12,000 support area and the 100 hourly simple moving average. Moreover, there was a break below the $11,800 support and the $11,500 pivot level. The price traded close to the $11,000 support and formed a new weekly low at $10,958. Similarly, there were heavy losses in Ethereum, BCH and ripple. Recently, there was an upside correction above the $11,200 level. Moreover, the price broke the 50% Fib retracement level of the recent decline from the $11,829 high to $10,958 low. However, the upward move was capped by the $11,500 resistance level. The 61.8% Fib retracement level of the recent decline from the $11,829 high to $10,958 low also acted as a resistance. At the outset, the price is consolidating losses above the $11,000 support level. On the upside, there is a key bearish trend line forming with resistance near $11,400 on the hourly chart of the BTC\/USD pair. If there is an upside break above $11,400 and $11,500, bitcoin price could recover towards the $11,650 and $11,700 levels. However, the main resistance for the bulls is near the $11,800 level (the previous support). Conversely, there could be more losses if there is no break above $11,400 and $11,500. The main supports on the downside are near $11,000 and $10,800. If there is a downside break below $10,800, the price may accelerate decline towards the $10,000 level. Looking at the chart, bitcoin price seems to be preparing for the next move either above the $11,400 level or below the $11,000 support. As long as the price is trading above the key $10,800 support, there are chances of an upside correction above $11,500. Technical indicators: Hourly MACD \u2013 The MACD is slowly moving back in the bearish zone. Hourly RSI (Relative Strength Index) \u2013 The RSI for BTC\/USD is currently recovering and it could test the 45 level. Major Support Levels \u2013 $11,000 followed by $10,800. Major Resistance Levels \u2013 $11,400, $11,500 and $11,800.<\/p>\n","protected":false},"author":67,"featured_media":344596,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[3],"tags":[428,1119],"class_list":["post-389611","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-bitcoin","tag-btc"],"acf":[],"yoast_head":"\n<title>Bitcoin Price (BTC) Testing Crucial Support: Can The Bulls Stage Recovery?<\/title>\n<meta name=\"description\" content=\"Bitcoin price reached the key $11,000 support area against the US Dollar. BTC is currently consolidating and seems to be preparing for the next move either above $11,400 or towards $10,800.\" \/>\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\/bitcoin-price-btc-testing-crucial-support-can-the-bulls-stage-recovery\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Bitcoin Price (BTC) Testing Crucial Support: Can The Bulls Stage Recovery?\" \/>\n<meta property=\"og:description\" content=\"Bitcoin price reached the key $11,000 support area against the US Dollar. BTC is currently consolidating and seems to be preparing for the next move either above $11,400 or towards $10,800.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/ktsl888.com\/news\/bitcoin-price-btc-testing-crucial-support-can-the-bulls-stage-recovery\/\" \/>\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=\"2019-07-12T06:00:55+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-06-11T12:54:38+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/ktsl888.com\/wp-content\/uploads\/2018\/08\/techanalysis-btc8.jpg?fit=1200%2C600\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"600\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Aayush Jindal\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@twitter.com\/AayushJs\" \/>\n<meta name=\"twitter:site\" content=\"@newsbtc\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Aayush Jindal\" \/>\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\/bitcoin-price-btc-testing-crucial-support-can-the-bulls-stage-recovery\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/ktsl888.com\/news\/bitcoin-price-btc-testing-crucial-support-can-the-bulls-stage-recovery\/\"},\"author\":{\"name\":\"Aayush Jindal\",\"@id\":\"https:\/\/ktsl888.com\/#\/schema\/person\/1f8631be4d0868de3fd2f21f17d9ae70\"},\"headline\":\"Bitcoin Price (BTC) Testing Crucial Support: Can The Bulls Stage Recovery?\",\"datePublished\":\"2019-07-12T06:00:55+00:00\",\"dateModified\":\"2024-06-11T12:54:38+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/ktsl888.com\/news\/bitcoin-price-btc-testing-crucial-support-can-the-bulls-stage-recovery\/\"},\"wordCount\":412,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/ktsl888.com\/#organization\"},\"image\":{\"@id\":\"https:\/\/ktsl888.com\/news\/bitcoin-price-btc-testing-crucial-support-can-the-bulls-stage-recovery\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/ktsl888.com\/wp-content\/uploads\/2018\/08\/techanalysis-btc8.jpg?fit=1200%2C600\",\"keywords\":[\"bitcoin\",\"btc\"],\"articleSection\":[\"Cryptocurrency Market News\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/ktsl888.com\/news\/bitcoin-price-btc-testing-crucial-support-can-the-bulls-stage-recovery\/#respond\"]}],\"copyrightYear\":\"2019\",\"copyrightHolder\":{\"@id\":\"https:\/\/ktsl888.com\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/ktsl888.com\/news\/bitcoin-price-btc-testing-crucial-support-can-the-bulls-stage-recovery\/\",\"url\":\"https:\/\/ktsl888.com\/news\/bitcoin-price-btc-testing-crucial-support-can-the-bulls-stage-recovery\/\",\"name\":\"Bitcoin Price (BTC) Testing Crucial Support: Can The Bulls Stage Recovery?\",\"isPartOf\":{\"@id\":\"https:\/\/ktsl888.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/ktsl888.com\/news\/bitcoin-price-btc-testing-crucial-support-can-the-bulls-stage-recovery\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/ktsl888.com\/news\/bitcoin-price-btc-testing-crucial-support-can-the-bulls-stage-recovery\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/ktsl888.com\/wp-content\/uploads\/2018\/08\/techanalysis-btc8.jpg?fit=1200%2C600\",\"datePublished\":\"2019-07-12T06:00:55+00:00\",\"dateModified\":\"2024-06-11T12:54:38+00:00\",\"description\":\"Bitcoin price reached the key $11,000 support area against the US Dollar. BTC is currently consolidating and seems to be preparing for the next move either above $11,400 or towards $10,800.\",\"breadcrumb\":{\"@id\":\"https:\/\/ktsl888.com\/news\/bitcoin-price-btc-testing-crucial-support-can-the-bulls-stage-recovery\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/ktsl888.com\/news\/bitcoin-price-btc-testing-crucial-support-can-the-bulls-stage-recovery\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/ktsl888.com\/news\/bitcoin-price-btc-testing-crucial-support-can-the-bulls-stage-recovery\/#primaryimage\",\"url\":\"https:\/\/ktsl888.com\/wp-content\/uploads\/2018\/08\/techanalysis-btc8.jpg?fit=1200%2C600\",\"contentUrl\":\"https:\/\/ktsl888.com\/wp-content\/uploads\/2018\/08\/techanalysis-btc8.jpg?fit=1200%2C600\",\"width\":1200,\"height\":600,\"caption\":\"technical analysis bitcoin\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/ktsl888.com\/news\/bitcoin-price-btc-testing-crucial-support-can-the-bulls-stage-recovery\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/ktsl888.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Bitcoin Price (BTC) Testing Crucial Support: Can The Bulls Stage Recovery?\"}]},{\"@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\/1f8631be4d0868de3fd2f21f17d9ae70\",\"name\":\"Aayush Jindal\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/ktsl888.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/a4650459bf0ce4ce9ed18195cbf5a02d?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/a4650459bf0ce4ce9ed18195cbf5a02d?s=96&d=mm&r=g\",\"caption\":\"Aayush Jindal\"},\"description\":\"Aayush Jindal, a luminary in the world of financial markets, whose expertise spans over 15 illustrious years in the realms of Forex and cryptocurrency trading. Renowned for his unparalleled proficiency in providing technical analysis, Aayush is a trusted advisor and senior market expert to investors worldwide, guiding them through the intricate landscapes of modern finance with his keen insights and astute chart analysis. From a young age, Aayush exhibited a natural aptitude for deciphering complex systems and unraveling patterns. Fueled by an insatiable curiosity for understanding market dynamics, he embarked on a journey that would lead him to become one of the foremost authorities in the fields of Forex and crypto trading. With a meticulous eye for detail and an unwavering commitment to excellence, Aayush honed his craft over the years, mastering the art of technical analysis and chart interpretation. As a software engineer, Aayush harnesses the power of technology to optimize trading strategies and develop innovative solutions for navigating the volatile waters of financial markets. His background in software engineering has equipped him with a unique skill set, enabling him to leverage cutting-edge tools and algorithms to gain a competitive edge in an ever-evolving landscape. In addition to his roles in finance and technology, Aayush serves as the director of a prestigious IT company, where he spearheads initiatives aimed at driving digital innovation and transformation. Under his visionary leadership, the company has flourished, cementing its position as a leader in the tech industry and paving the way for groundbreaking advancements in software development and IT solutions. Despite his demanding professional commitments, Aayush is a firm believer in the importance of work-life balance. An avid traveler and adventurer, he finds solace in exploring new destinations, immersing himself in different cultures, and forging lasting memories along the way. Whether he's trekking through the Himalayas, diving in the azure waters of the Maldives, or experiencing the vibrant energy of bustling metropolises, Aayush embraces every opportunity to broaden his horizons and create unforgettable experiences. Aayush's journey to success is marked by a relentless pursuit of excellence and a steadfast commitment to continuous learning and growth. His academic achievements are a testament to his dedication and passion for excellence, having completed his software engineering with honors and excelling in every department. At his core, Aayush is driven by a profound passion for analyzing markets and uncovering profitable opportunities amidst volatility. Whether he's poring over price charts, identifying key support and resistance levels, or providing insightful analysis to his clients and followers, Aayush's unwavering dedication to his craft sets him apart as a true industry leader and a beacon of inspiration to aspiring traders around the globe. In a world where uncertainty reigns supreme, Aayush Jindal stands as a guiding light, illuminating the path to financial success with his unparalleled expertise, unwavering integrity, and boundless enthusiasm for the markets.\",\"sameAs\":[\"https:\/\/www.linkedin.com\/in\/aayush-jindal-358b6932\/\",\"https:\/\/x.com\/twitter.com\/AayushJs\"],\"url\":\"https:\/\/ktsl888.com\/author\/aayushjindal\/\"}]}<\/script>\n","yoast_head_json":{"title":"Bitcoin Price (BTC) Testing Crucial Support: Can The Bulls Stage Recovery?","description":"Bitcoin price reached the key $11,000 support area against the US Dollar. BTC is currently consolidating and seems to be preparing for the next move either above $11,400 or towards $10,800.","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\/bitcoin-price-btc-testing-crucial-support-can-the-bulls-stage-recovery\/","og_locale":"en_US","og_type":"article","og_title":"Bitcoin Price (BTC) Testing Crucial Support: Can The Bulls Stage Recovery?","og_description":"Bitcoin price reached the key $11,000 support area against the US Dollar. BTC is currently consolidating and seems to be preparing for the next move either above $11,400 or towards $10,800.","og_url":"https:\/\/ktsl888.com\/news\/bitcoin-price-btc-testing-crucial-support-can-the-bulls-stage-recovery\/","og_site_name":"NewsBTC","article_publisher":"https:\/\/www.facebook.com\/newsbtc","article_published_time":"2019-07-12T06:00:55+00:00","article_modified_time":"2024-06-11T12:54:38+00:00","og_image":[{"width":1200,"height":600,"url":"https:\/\/ktsl888.com\/wp-content\/uploads\/2018\/08\/techanalysis-btc8.jpg?fit=1200%2C600","type":"image\/jpeg"}],"author":"Aayush Jindal","twitter_card":"summary_large_image","twitter_creator":"@twitter.com\/AayushJs","twitter_site":"@newsbtc","twitter_misc":{"Written by":"Aayush Jindal","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"NewsArticle","@id":"https:\/\/ktsl888.com\/news\/bitcoin-price-btc-testing-crucial-support-can-the-bulls-stage-recovery\/#article","isPartOf":{"@id":"https:\/\/ktsl888.com\/news\/bitcoin-price-btc-testing-crucial-support-can-the-bulls-stage-recovery\/"},"author":{"name":"Aayush Jindal","@id":"https:\/\/ktsl888.com\/#\/schema\/person\/1f8631be4d0868de3fd2f21f17d9ae70"},"headline":"Bitcoin Price (BTC) Testing Crucial Support: Can The Bulls Stage Recovery?","datePublished":"2019-07-12T06:00:55+00:00","dateModified":"2024-06-11T12:54:38+00:00","mainEntityOfPage":{"@id":"https:\/\/ktsl888.com\/news\/bitcoin-price-btc-testing-crucial-support-can-the-bulls-stage-recovery\/"},"wordCount":412,"commentCount":0,"publisher":{"@id":"https:\/\/ktsl888.com\/#organization"},"image":{"@id":"https:\/\/ktsl888.com\/news\/bitcoin-price-btc-testing-crucial-support-can-the-bulls-stage-recovery\/#primaryimage"},"thumbnailUrl":"https:\/\/ktsl888.com\/wp-content\/uploads\/2018\/08\/techanalysis-btc8.jpg?fit=1200%2C600","keywords":["bitcoin","btc"],"articleSection":["Cryptocurrency Market News"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/ktsl888.com\/news\/bitcoin-price-btc-testing-crucial-support-can-the-bulls-stage-recovery\/#respond"]}],"copyrightYear":"2019","copyrightHolder":{"@id":"https:\/\/ktsl888.com\/#organization"}},{"@type":"WebPage","@id":"https:\/\/ktsl888.com\/news\/bitcoin-price-btc-testing-crucial-support-can-the-bulls-stage-recovery\/","url":"https:\/\/ktsl888.com\/news\/bitcoin-price-btc-testing-crucial-support-can-the-bulls-stage-recovery\/","name":"Bitcoin Price (BTC) Testing Crucial Support: Can The Bulls Stage Recovery?","isPartOf":{"@id":"https:\/\/ktsl888.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/ktsl888.com\/news\/bitcoin-price-btc-testing-crucial-support-can-the-bulls-stage-recovery\/#primaryimage"},"image":{"@id":"https:\/\/ktsl888.com\/news\/bitcoin-price-btc-testing-crucial-support-can-the-bulls-stage-recovery\/#primaryimage"},"thumbnailUrl":"https:\/\/ktsl888.com\/wp-content\/uploads\/2018\/08\/techanalysis-btc8.jpg?fit=1200%2C600","datePublished":"2019-07-12T06:00:55+00:00","dateModified":"2024-06-11T12:54:38+00:00","description":"Bitcoin price reached the key $11,000 support area against the US Dollar. BTC is currently consolidating and seems to be preparing for the next move either above $11,400 or towards $10,800.","breadcrumb":{"@id":"https:\/\/ktsl888.com\/news\/bitcoin-price-btc-testing-crucial-support-can-the-bulls-stage-recovery\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/ktsl888.com\/news\/bitcoin-price-btc-testing-crucial-support-can-the-bulls-stage-recovery\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/ktsl888.com\/news\/bitcoin-price-btc-testing-crucial-support-can-the-bulls-stage-recovery\/#primaryimage","url":"https:\/\/ktsl888.com\/wp-content\/uploads\/2018\/08\/techanalysis-btc8.jpg?fit=1200%2C600","contentUrl":"https:\/\/ktsl888.com\/wp-content\/uploads\/2018\/08\/techanalysis-btc8.jpg?fit=1200%2C600","width":1200,"height":600,"caption":"technical analysis bitcoin"},{"@type":"BreadcrumbList","@id":"https:\/\/ktsl888.com\/news\/bitcoin-price-btc-testing-crucial-support-can-the-bulls-stage-recovery\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/ktsl888.com\/"},{"@type":"ListItem","position":2,"name":"Bitcoin Price (BTC) Testing Crucial Support: Can The Bulls Stage Recovery?"}]},{"@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\/1f8631be4d0868de3fd2f21f17d9ae70","name":"Aayush Jindal","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/ktsl888.com\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/a4650459bf0ce4ce9ed18195cbf5a02d?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/a4650459bf0ce4ce9ed18195cbf5a02d?s=96&d=mm&r=g","caption":"Aayush Jindal"},"description":"Aayush Jindal, a luminary in the world of financial markets, whose expertise spans over 15 illustrious years in the realms of Forex and cryptocurrency trading. Renowned for his unparalleled proficiency in providing technical analysis, Aayush is a trusted advisor and senior market expert to investors worldwide, guiding them through the intricate landscapes of modern finance with his keen insights and astute chart analysis. From a young age, Aayush exhibited a natural aptitude for deciphering complex systems and unraveling patterns. Fueled by an insatiable curiosity for understanding market dynamics, he embarked on a journey that would lead him to become one of the foremost authorities in the fields of Forex and crypto trading. With a meticulous eye for detail and an unwavering commitment to excellence, Aayush honed his craft over the years, mastering the art of technical analysis and chart interpretation. As a software engineer, Aayush harnesses the power of technology to optimize trading strategies and develop innovative solutions for navigating the volatile waters of financial markets. His background in software engineering has equipped him with a unique skill set, enabling him to leverage cutting-edge tools and algorithms to gain a competitive edge in an ever-evolving landscape. In addition to his roles in finance and technology, Aayush serves as the director of a prestigious IT company, where he spearheads initiatives aimed at driving digital innovation and transformation. Under his visionary leadership, the company has flourished, cementing its position as a leader in the tech industry and paving the way for groundbreaking advancements in software development and IT solutions. Despite his demanding professional commitments, Aayush is a firm believer in the importance of work-life balance. An avid traveler and adventurer, he finds solace in exploring new destinations, immersing himself in different cultures, and forging lasting memories along the way. Whether he's trekking through the Himalayas, diving in the azure waters of the Maldives, or experiencing the vibrant energy of bustling metropolises, Aayush embraces every opportunity to broaden his horizons and create unforgettable experiences. Aayush's journey to success is marked by a relentless pursuit of excellence and a steadfast commitment to continuous learning and growth. His academic achievements are a testament to his dedication and passion for excellence, having completed his software engineering with honors and excelling in every department. At his core, Aayush is driven by a profound passion for analyzing markets and uncovering profitable opportunities amidst volatility. Whether he's poring over price charts, identifying key support and resistance levels, or providing insightful analysis to his clients and followers, Aayush's unwavering dedication to his craft sets him apart as a true industry leader and a beacon of inspiration to aspiring traders around the globe. In a world where uncertainty reigns supreme, Aayush Jindal stands as a guiding light, illuminating the path to financial success with his unparalleled expertise, unwavering integrity, and boundless enthusiasm for the markets.","sameAs":["https:\/\/www.linkedin.com\/in\/aayush-jindal-358b6932\/","https:\/\/x.com\/twitter.com\/AayushJs"],"url":"https:\/\/ktsl888.com\/author\/aayushjindal\/"}]}},"parsely":{"version":"1.1.0","meta":{"@context":"https:\/\/schema.org","@type":"NewsArticle","headline":"Bitcoin Price (BTC) Testing Crucial Support: Can The Bulls Stage Recovery?","url":"http:\/\/ktsl888.com\/news\/bitcoin-price-btc-testing-crucial-support-can-the-bulls-stage-recovery\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/ktsl888.com\/news\/bitcoin-price-btc-testing-crucial-support-can-the-bulls-stage-recovery\/"},"thumbnailUrl":"https:\/\/ktsl888.com\/wp-content\/uploads\/2018\/08\/techanalysis-btc8.jpg?resize=200%2C200","image":{"@type":"ImageObject","url":"https:\/\/ktsl888.com\/wp-content\/uploads\/2018\/08\/techanalysis-btc8.jpg?fit=1200%2C600"},"articleSection":"Cryptocurrency Market News","author":[{"@type":"Person","name":"Aayush Jindal"}],"creator":["Aayush Jindal"],"publisher":{"@type":"Organization","name":"NewsBTC","logo":"https:\/\/ktsl888.com\/wp-content\/uploads\/2020\/06\/cropped-cropped-cropped-favicon.png?w=32"},"keywords":["bitcoin","btc"],"dateCreated":"2019-07-12T06:00:55Z","datePublished":"2019-07-12T06:00:55Z","dateModified":"2024-06-11T12:54:38Z"},"rendered":"<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"NewsArticle\",\"headline\":\"Bitcoin Price (BTC) Testing Crucial Support: Can The Bulls Stage Recovery?\",\"url\":\"http:\\\/\\\/ktsl888.com\\\/news\\\/bitcoin-price-btc-testing-crucial-support-can-the-bulls-stage-recovery\\\/\",\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/ktsl888.com\\\/news\\\/bitcoin-price-btc-testing-crucial-support-can-the-bulls-stage-recovery\\\/\"},\"thumbnailUrl\":\"https:\\\/\\\/ktsl888.com\\\/wp-content\\\/uploads\\\/2018\\\/08\\\/techanalysis-btc8.jpg?resize=200%2C200\",\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/ktsl888.com\\\/wp-content\\\/uploads\\\/2018\\\/08\\\/techanalysis-btc8.jpg?fit=1200%2C600\"},\"articleSection\":\"Cryptocurrency Market News\",\"author\":[{\"@type\":\"Person\",\"name\":\"Aayush Jindal\"}],\"creator\":[\"Aayush Jindal\"],\"publisher\":{\"@type\":\"Organization\",\"name\":\"NewsBTC\",\"logo\":\"https:\\\/\\\/ktsl888.com\\\/wp-content\\\/uploads\\\/2020\\\/06\\\/cropped-cropped-cropped-favicon.png?w=32\"},\"keywords\":[\"bitcoin\",\"btc\"],\"dateCreated\":\"2019-07-12T06:00:55Z\",\"datePublished\":\"2019-07-12T06:00:55Z\",\"dateModified\":\"2024-06-11T12:54:38Z\"}<\/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\/08\/techanalysis-btc8.jpg?fit=1200%2C600","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/posts\/389611","targetHints":{"allow":["GET"]}}],"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\/67"}],"replies":[{"embeddable":true,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/comments?post=389611"}],"version-history":[{"count":0,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/posts\/389611\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/media\/344596"}],"wp:attachment":[{"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/media?parent=389611"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/categories?post=389611"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/tags?post=389611"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}