{"id":401283,"date":"2019-10-13T22:00:27","date_gmt":"2019-10-13T22:00:27","guid":{"rendered":"https:\/\/ktsl888.com\/?p=401283"},"modified":"2024-06-11T13:31:03","modified_gmt":"2024-06-11T13:31:03","slug":"bitcoin-collapse-25-percent-6000","status":"publish","type":"post","link":"https:\/\/ktsl888.com\/news\/bitcoin-collapse-25-percent-6000\/","title":{"rendered":"Could Bitcoin Collapse By 25% to $6,000? GBTC Premium Implies So"},"content":{"rendered":"<p>As <a href=\"https:\/\/ktsl888.com\/2019\/10\/13\/if-7700-holds-bitcoin-price-could-soon-surge-by-20\/\">reported by NewsBTC yesterday<\/a>, the Bitcoin (BTC) price has been relatively trendless as of late, falling under $8,300 after attempting to consolidate above $8,500. Some say that this non-volatility is an indicator that this market may soon break higher, looking to the fact that market trends, fundamentals, and the macro backdrop (<a href=\"https:\/\/ktsl888.com\/2019\/10\/09\/bitcoin-eyes-price-rally-as-fed-announces-pseudo-qe\/\">semi-quantitative easing)<\/a> have started to trend in favor of decentralized monies.<\/p>\n<p>However, one analyst is warning of impending collapse. A collapse that could bring BTC all the way back to $6,000 \u2014 a level which analysts say will determine if the cryptocurrency market is actually in a macro bull trend or not.<\/p>\n<h6 style=\"text-align: center\">Related Reading: <a href=\"https:\/\/ktsl888.com\/2019\/10\/12\/altcoin-outperform-bitcoin-price-stagnate\/\">Analysts Expect Altcoins to Outperform as Bitcoin Price Stagnates<\/a><\/h6>\n<h2><strong>Grayscale Bitcoin Trust Hints at 25% Collapse<\/strong><\/h2>\n<p>Timothy Peterson, an analyst at Cane Island Alternative Advisors, recently drew attention to a harrowing sign in a blog post. Published to his company&#8217;s page, the analyst <a href=\"https:\/\/www.caneislandcrypto.com\/blog\/2019\/10\/11\/mind-the-gap\" rel=\"nofollow\">noted<\/a> that there is a &#8220;relationship between the premium investors pay for OTC shares of Grayscale Bitcoin Trust (GBTC) and the cryptocurrency&#8217;s Price.&#8221;<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\"><a href=\"https:\/\/twitter.com\/hashtag\/Bitcoin?src=hash&amp;ref_src=twsrc%5Etfw\" rel=\"nofollow\">#Bitcoin<\/a> could drop to $6,000 according to <a href=\"https:\/\/twitter.com\/search?q=%24GBTC&amp;src=ctag&amp;ref_src=twsrc%5Etfw\" rel=\"nofollow\">$GBTC<\/a>&#39;s premium.<a href=\"https:\/\/t.co\/voRfhL8mm9\" rel=\"nofollow\">https:\/\/t.co\/voRfhL8mm9<\/a><\/p>\n<p>&mdash; Timothy Peterson, CFA CAIA (@nsquaredcrypto) <a href=\"https:\/\/twitter.com\/nsquaredcrypto\/status\/55559680?ref_src=twsrc%5Etfw\" rel=\"nofollow\">October 11, 2019<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>With this in mind, Peterson made the following harrowing conclusion about Bitcoin&#8217;s price action:<\/p>\n<blockquote><p>&#8220;The relationship between GBTC premium and bitcoin price has not been stable and predicable over time.\u00a0 However, our fundamental models also value BTC at about $6,000.\u00a0 It appears that institutional and long-term US investors in GBTC are expecting this price level for bitcoin as well.&#8221;<\/p><\/blockquote>\n<p>There has been some evidence to suggest that collapse is not inbound, though. Namely, the thesis held by many investors that the recent collapse in the Bitcoin price from $10,000 to $7,700 was a microcosm of 2018\u2019s bear market. More specifically, they say that this 20% collapse and the subsequent consolidatory price action is similar to what took place at the end of 2018 and at the start of 2019, during which Bitcoin fell from $6,000 to $3,000 in a short period of time.<\/p>\n<p>https:\/\/twitter.com\/truenomic\/status\/29676544<\/p>\n<p>This so-called fractal implies that Bitcoin will soon return to $10,000.<\/p>\n<h6 style=\"text-align: center\">Related Reading: <a href=\"https:\/\/ktsl888.com\/2019\/10\/11\/bitcoin-price-may-have-begun-50-surge-to-12000-analyst\/\">Bitcoin Price May Have Begun 50% Surge to $12,000: Analyst<\/a><\/h6>\n<pre>Featured Image from Shutterstock<\/pre>\n","protected":false},"excerpt":{"rendered":"<p>As reported by NewsBTC yesterday, the Bitcoin (BTC) price has been relatively trendless as of late, falling under $8,300 after attempting to consolidate above $8,500. Some say that this non-volatility is an indicator that this market may soon break higher, looking to the fact that market trends, fundamentals, and the macro backdrop (semi-quantitative easing) have started to trend in favor of decentralized monies. However, one analyst is warning of impending collapse. A collapse that could bring BTC all the way back to $6,000 \u2014 a level which analysts say will determine if the cryptocurrency market is actually in a macro bull trend or not. Related Reading: Analysts Expect Altcoins to Outperform as Bitcoin Price Stagnates Grayscale Bitcoin Trust Hints at 25% Collapse Timothy Peterson, an analyst at Cane Island Alternative Advisors, recently drew attention to a harrowing sign in a blog post. Published to his company&#8217;s page, the analyst noted that there is a &#8220;relationship between the premium investors pay for OTC shares of Grayscale Bitcoin Trust (GBTC) and the cryptocurrency&#8217;s Price.&#8221; #Bitcoin could drop to $6,000 according to $GBTC&#39;s premium.https:\/\/t.co\/voRfhL8mm9 &mdash; Timothy Peterson, CFA CAIA (@nsquaredcrypto) October 11, 2019 With this in mind, Peterson made the following harrowing conclusion about Bitcoin&#8217;s price action: &#8220;The relationship between GBTC premium and bitcoin price has not been stable and predicable over time.\u00a0 However, our fundamental models also value BTC at about $6,000.\u00a0 It appears that institutional and long-term US investors in GBTC are expecting this price level for bitcoin as well.&#8221; There has been some evidence to suggest that collapse is not inbound, though. Namely, the thesis held by many investors that the recent collapse in the Bitcoin price from $10,000 to $7,700 was a microcosm of 2018\u2019s bear market. More specifically, they say that this 20% collapse and the subsequent consolidatory price action is similar to what took place at the end of 2018 and at the start of 2019, during which Bitcoin fell from $6,000 to $3,000 in a short period of time. https:\/\/twitter.com\/truenomic\/status\/29676544 This so-called fractal implies that Bitcoin will soon return to $10,000. Related Reading: Bitcoin Price May Have Begun 50% Surge to $12,000: Analyst Featured Image from Shutterstock<\/p>\n","protected":false},"author":497,"featured_media":401289,"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":[428,7523,2498,47981],"class_list":["post-401283","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-bitcoin","tag-grayscale","tag-investment","tag-timothy-peterson"],"acf":[],"yoast_head":"\n<title>Could Bitcoin Collapse By 25% to $6,000? GBTC Premium Implies So<\/title>\n<meta name=\"description\" content=\"As reported by NewsBTC yesterday, the Bitcoin (BTC) price has been relatively trendless as of late, falling under $8,300 after attempting to consolidate\" \/>\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-collapse-25-percent-6000\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Could Bitcoin Collapse By 25% to $6,000? GBTC Premium Implies So\" \/>\n<meta property=\"og:description\" content=\"As reported by NewsBTC yesterday, the Bitcoin (BTC) price has been relatively trendless as of late, falling under $8,300 after attempting to consolidate\" \/>\n<meta property=\"og:url\" content=\"https:\/\/ktsl888.com\/news\/bitcoin-collapse-25-percent-6000\/\" \/>\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=\"2019-10-13T22:00:27+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-06-11T13:31:03+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/ktsl888.com\/wp-content\/uploads\/2019\/10\/shutterstock_421994995-e14.jpg?fit=3000%2C1708\" \/>\n\t<meta property=\"og:image:width\" content=\"3000\" \/>\n\t<meta property=\"og:image:height\" content=\"1708\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Nick Chong\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@newsbtc\" \/>\n<meta name=\"twitter:site\" content=\"@newsbtc\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Nick Chong\" \/>\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-collapse-25-percent-6000\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/ktsl888.com\/news\/bitcoin-collapse-25-percent-6000\/\"},\"author\":{\"name\":\"Nick Chong\",\"@id\":\"https:\/\/ktsl888.com\/#\/schema\/person\/4c1114650d72d49c455452d2ce5c981a\"},\"headline\":\"Could Bitcoin Collapse By 25% to $6,000? GBTC Premium Implies So\",\"datePublished\":\"2019-10-13T22:00:27+00:00\",\"dateModified\":\"2024-06-11T13:31:03+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/ktsl888.com\/news\/bitcoin-collapse-25-percent-6000\/\"},\"wordCount\":344,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/ktsl888.com\/#organization\"},\"image\":{\"@id\":\"https:\/\/ktsl888.com\/news\/bitcoin-collapse-25-percent-6000\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/ktsl888.com\/wp-content\/uploads\/2019\/10\/shutterstock_421994995-e14.jpg?fit=3000%2C1708\",\"keywords\":[\"bitcoin\",\"grayscale\",\"investment\",\"Timothy Peterson\"],\"articleSection\":[\"Cryptocurrency Market News\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/ktsl888.com\/news\/bitcoin-collapse-25-percent-6000\/#respond\"]}],\"copyrightYear\":\"2019\",\"copyrightHolder\":{\"@id\":\"https:\/\/ktsl888.com\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/ktsl888.com\/news\/bitcoin-collapse-25-percent-6000\/\",\"url\":\"https:\/\/ktsl888.com\/news\/bitcoin-collapse-25-percent-6000\/\",\"name\":\"Could Bitcoin Collapse By 25% to $6,000? GBTC Premium Implies So\",\"isPartOf\":{\"@id\":\"https:\/\/ktsl888.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/ktsl888.com\/news\/bitcoin-collapse-25-percent-6000\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/ktsl888.com\/news\/bitcoin-collapse-25-percent-6000\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/ktsl888.com\/wp-content\/uploads\/2019\/10\/shutterstock_421994995-e14.jpg?fit=3000%2C1708\",\"datePublished\":\"2019-10-13T22:00:27+00:00\",\"dateModified\":\"2024-06-11T13:31:03+00:00\",\"description\":\"As reported by NewsBTC yesterday, the Bitcoin (BTC) price has been relatively trendless as of late, falling under $8,300 after attempting to consolidate\",\"breadcrumb\":{\"@id\":\"https:\/\/ktsl888.com\/news\/bitcoin-collapse-25-percent-6000\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/ktsl888.com\/news\/bitcoin-collapse-25-percent-6000\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/ktsl888.com\/news\/bitcoin-collapse-25-percent-6000\/#primaryimage\",\"url\":\"https:\/\/ktsl888.com\/wp-content\/uploads\/2019\/10\/shutterstock_421994995-e14.jpg?fit=3000%2C1708\",\"contentUrl\":\"https:\/\/ktsl888.com\/wp-content\/uploads\/2019\/10\/shutterstock_421994995-e14.jpg?fit=3000%2C1708\",\"width\":3000,\"height\":1708},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/ktsl888.com\/news\/bitcoin-collapse-25-percent-6000\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/ktsl888.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Could Bitcoin Collapse By 25% to $6,000? GBTC Premium Implies So\"}]},{\"@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\/4c1114650d72d49c455452d2ce5c981a\",\"name\":\"Nick Chong\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/ktsl888.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/ac04c2aa55e08322676adb0b006baa07?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/ac04c2aa55e08322676adb0b006baa07?s=96&d=mm&r=g\",\"caption\":\"Nick Chong\"},\"description\":\"I am a writer who has been following Bitcoin for years now. My insights and interviews have been featured in leading publications in the industry such as LongHash and Decrypt. I own a small amount of Bitcoin.\",\"url\":\"https:\/\/ktsl888.com\/author\/nickchong\/\"}]}<\/script>\n","yoast_head_json":{"title":"Could Bitcoin Collapse By 25% to $6,000? GBTC Premium Implies So","description":"As reported by NewsBTC yesterday, the Bitcoin (BTC) price has been relatively trendless as of late, falling under $8,300 after attempting to consolidate","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-collapse-25-percent-6000\/","og_locale":"en_US","og_type":"article","og_title":"Could Bitcoin Collapse By 25% to $6,000? GBTC Premium Implies So","og_description":"As reported by NewsBTC yesterday, the Bitcoin (BTC) price has been relatively trendless as of late, falling under $8,300 after attempting to consolidate","og_url":"https:\/\/ktsl888.com\/news\/bitcoin-collapse-25-percent-6000\/","og_site_name":"NewsBTC","article_publisher":"https:\/\/www.facebook.com\/newsbtc","article_published_time":"2019-10-13T22:00:27+00:00","article_modified_time":"2024-06-11T13:31:03+00:00","og_image":[{"width":3000,"height":1708,"url":"https:\/\/ktsl888.com\/wp-content\/uploads\/2019\/10\/shutterstock_421994995-e14.jpg?fit=3000%2C1708","type":"image\/jpeg"}],"author":"Nick Chong","twitter_card":"summary_large_image","twitter_creator":"@newsbtc","twitter_site":"@newsbtc","twitter_misc":{"Written by":"Nick Chong","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"NewsArticle","@id":"https:\/\/ktsl888.com\/news\/bitcoin-collapse-25-percent-6000\/#article","isPartOf":{"@id":"https:\/\/ktsl888.com\/news\/bitcoin-collapse-25-percent-6000\/"},"author":{"name":"Nick Chong","@id":"https:\/\/ktsl888.com\/#\/schema\/person\/4c1114650d72d49c455452d2ce5c981a"},"headline":"Could Bitcoin Collapse By 25% to $6,000? GBTC Premium Implies So","datePublished":"2019-10-13T22:00:27+00:00","dateModified":"2024-06-11T13:31:03+00:00","mainEntityOfPage":{"@id":"https:\/\/ktsl888.com\/news\/bitcoin-collapse-25-percent-6000\/"},"wordCount":344,"commentCount":0,"publisher":{"@id":"https:\/\/ktsl888.com\/#organization"},"image":{"@id":"https:\/\/ktsl888.com\/news\/bitcoin-collapse-25-percent-6000\/#primaryimage"},"thumbnailUrl":"https:\/\/ktsl888.com\/wp-content\/uploads\/2019\/10\/shutterstock_421994995-e14.jpg?fit=3000%2C1708","keywords":["bitcoin","grayscale","investment","Timothy Peterson"],"articleSection":["Cryptocurrency Market News"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/ktsl888.com\/news\/bitcoin-collapse-25-percent-6000\/#respond"]}],"copyrightYear":"2019","copyrightHolder":{"@id":"https:\/\/ktsl888.com\/#organization"}},{"@type":"WebPage","@id":"https:\/\/ktsl888.com\/news\/bitcoin-collapse-25-percent-6000\/","url":"https:\/\/ktsl888.com\/news\/bitcoin-collapse-25-percent-6000\/","name":"Could Bitcoin Collapse By 25% to $6,000? GBTC Premium Implies So","isPartOf":{"@id":"https:\/\/ktsl888.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/ktsl888.com\/news\/bitcoin-collapse-25-percent-6000\/#primaryimage"},"image":{"@id":"https:\/\/ktsl888.com\/news\/bitcoin-collapse-25-percent-6000\/#primaryimage"},"thumbnailUrl":"https:\/\/ktsl888.com\/wp-content\/uploads\/2019\/10\/shutterstock_421994995-e14.jpg?fit=3000%2C1708","datePublished":"2019-10-13T22:00:27+00:00","dateModified":"2024-06-11T13:31:03+00:00","description":"As reported by NewsBTC yesterday, the Bitcoin (BTC) price has been relatively trendless as of late, falling under $8,300 after attempting to consolidate","breadcrumb":{"@id":"https:\/\/ktsl888.com\/news\/bitcoin-collapse-25-percent-6000\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/ktsl888.com\/news\/bitcoin-collapse-25-percent-6000\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/ktsl888.com\/news\/bitcoin-collapse-25-percent-6000\/#primaryimage","url":"https:\/\/ktsl888.com\/wp-content\/uploads\/2019\/10\/shutterstock_421994995-e14.jpg?fit=3000%2C1708","contentUrl":"https:\/\/ktsl888.com\/wp-content\/uploads\/2019\/10\/shutterstock_421994995-e14.jpg?fit=3000%2C1708","width":3000,"height":1708},{"@type":"BreadcrumbList","@id":"https:\/\/ktsl888.com\/news\/bitcoin-collapse-25-percent-6000\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/ktsl888.com\/"},{"@type":"ListItem","position":2,"name":"Could Bitcoin Collapse By 25% to $6,000? GBTC Premium Implies So"}]},{"@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\/4c1114650d72d49c455452d2ce5c981a","name":"Nick Chong","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/ktsl888.com\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/ac04c2aa55e08322676adb0b006baa07?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/ac04c2aa55e08322676adb0b006baa07?s=96&d=mm&r=g","caption":"Nick Chong"},"description":"I am a writer who has been following Bitcoin for years now. My insights and interviews have been featured in leading publications in the industry such as LongHash and Decrypt. I own a small amount of Bitcoin.","url":"https:\/\/ktsl888.com\/author\/nickchong\/"}]}},"parsely":{"version":"1.1.0","meta":{"@context":"https:\/\/schema.org","@type":"NewsArticle","headline":"Could Bitcoin Collapse By 25% to $6,000? GBTC Premium Implies So","url":"http:\/\/ktsl888.com\/news\/bitcoin-collapse-25-percent-6000\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/ktsl888.com\/news\/bitcoin-collapse-25-percent-6000\/"},"thumbnailUrl":"https:\/\/ktsl888.com\/wp-content\/uploads\/2019\/10\/shutterstock_421994995-e14.jpg?resize=200%2C200","image":{"@type":"ImageObject","url":"https:\/\/ktsl888.com\/wp-content\/uploads\/2019\/10\/shutterstock_421994995-e14.jpg?fit=3000%2C1708"},"articleSection":"Cryptocurrency Market News","author":[{"@type":"Person","name":"Nick Chong"}],"creator":["Nick Chong"],"publisher":{"@type":"Organization","name":"NewsBTC","logo":"https:\/\/ktsl888.com\/wp-content\/uploads\/2020\/06\/cropped-cropped-cropped-favicon.png?w=32"},"keywords":["bitcoin","grayscale","investment","timothy peterson"],"dateCreated":"2019-10-13T22:00:27Z","datePublished":"2019-10-13T22:00:27Z","dateModified":"2024-06-11T13:31:03Z"},"rendered":"<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"NewsArticle\",\"headline\":\"Could Bitcoin Collapse By 25% to $6,000? GBTC Premium Implies So\",\"url\":\"http:\\\/\\\/ktsl888.com\\\/news\\\/bitcoin-collapse-25-percent-6000\\\/\",\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/ktsl888.com\\\/news\\\/bitcoin-collapse-25-percent-6000\\\/\"},\"thumbnailUrl\":\"https:\\\/\\\/ktsl888.com\\\/wp-content\\\/uploads\\\/2019\\\/10\\\/shutterstock_421994995-e14.jpg?resize=200%2C200\",\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/ktsl888.com\\\/wp-content\\\/uploads\\\/2019\\\/10\\\/shutterstock_421994995-e14.jpg?fit=3000%2C1708\"},\"articleSection\":\"Cryptocurrency Market News\",\"author\":[{\"@type\":\"Person\",\"name\":\"Nick Chong\"}],\"creator\":[\"Nick Chong\"],\"publisher\":{\"@type\":\"Organization\",\"name\":\"NewsBTC\",\"logo\":\"https:\\\/\\\/ktsl888.com\\\/wp-content\\\/uploads\\\/2020\\\/06\\\/cropped-cropped-cropped-favicon.png?w=32\"},\"keywords\":[\"bitcoin\",\"grayscale\",\"investment\",\"timothy peterson\"],\"dateCreated\":\"2019-10-13T22:00:27Z\",\"datePublished\":\"2019-10-13T22:00:27Z\",\"dateModified\":\"2024-06-11T13:31:03Z\"}<\/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\/2019\/10\/shutterstock_421994995-e14.jpg?fit=3000%2C1708","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/posts\/401283"}],"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\/497"}],"replies":[{"embeddable":true,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/comments?post=401283"}],"version-history":[{"count":0,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/posts\/401283\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/media\/401289"}],"wp:attachment":[{"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/media?parent=401283"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/categories?post=401283"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/tags?post=401283"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}