{"id":401612,"date":"2019-10-17T06:00:17","date_gmt":"2019-10-17T06:00:17","guid":{"rendered":"https:\/\/ktsl888.com\/?p=401612"},"modified":"2024-06-11T12:49:42","modified_gmt":"2024-06-11T12:49:42","slug":"bitcoin-btc-price-bearish-breakdown-looks-real-7500-next","status":"publish","type":"post","link":"https:\/\/ktsl888.com\/news\/bitcoin-btc-price-bearish-breakdown-looks-real-7500-next\/","title":{"rendered":"Bitcoin (BTC) Price Bearish Breakdown Looks Real, $7,500 Next?"},"content":{"rendered":"<ul>\n<li>Bitcoin price is back in a downtrend with a close below the $8,000 support against the US Dollar.<\/li>\n<li>The price is trading below the $8,000 support and remains at a risk of more losses below $7,800.<\/li>\n<li>Yesterday\u2019s highlighted major declining channel was breached with support near $8,100 on the hourly chart of the BTC\/USD pair (data feed from Kraken).<\/li>\n<li>The price could correct in the short term, but the $8,020 and $8,100 resistances are likely to prevent gains.<\/li>\n<\/ul>\n<p><em>Bitcoin price is declining and trading below key supports against the US Dollar. BTC is likely to extend its decline below the $7,800 support area in the near term.<\/em><\/p>\n<h2>Bitcoin Price Analysis<\/h2>\n<p>Yesterday, we saw <a href=\"https:\/\/ktsl888.com\/2019\/10\/16\/bitcoin-btc-price-showing-signs-of-additional-weakness\/\" target=\"_blank\" rel=\"noopener noreferrer \">bearish signs<\/a> for bitcoin below the $8,250 support area against the US Dollar. BTC price gained bearish momentum and broke a couple of important supports near the $8,100 level and the 100 hourly simple moving average. Moreover, the price broke a crucial support area near the $8,020 and $8,000 levels to move into a bearish zone and start another decline.<\/p>\n<p>Additionally, yesterday\u2019s highlighted major declining channel was breached with support near $8,100 on the hourly chart of the BTC\/USD pair. The pair traded below $7,950 and formed a new weekly low near $7,915. It is currently consolidating gains below the $8,000 resistance area. An immediate resistance is near the $8,000 and $8,020 levels. Moreover, the 23.6% Fib retracement level of the recent drop from the $8,385 high to $7,915 low is also near the $8,020 resistance.<\/p>\n<p>If there is an upside correction above $8,020, bitcoin could recover towards the $8,100 resistance area (<a href=\"https:\/\/ktsl888.com\/2019\/10\/11\/bitcoin-btc-price-dives-500-but-holding-key-support\/\" target=\"_blank\" rel=\"noopener noreferrer \">the previous support<\/a>). Above $8,100, the next major resistance is near the $8,150 level. It represents the 50% Fib retracement level of the recent drop from the $8,385 high to $7,915 low. However, the price must move above the $8,250 resistance and the 100 hourly SMA to start a decent upward move.<\/p>\n<p>On the downside, an initial support is near the $7,915 low. Besides, the first key support is near the $7,800 level. If there is a downside break below the $7,800 support, the price could extend its decline towards the key $7,600 and $7,500 support levels.<\/p>\n<p><a href=\"https:\/\/ktsl888.com\/wp-content\/uploads\/2019\/10\/Bitcoin-14.png\"><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-401613\" src=\"https:\/\/ktsl888.com\/wp-content\/uploads\/2019\/10\/Bitcoin-14.png?resize=1828%2C868\" alt=\"Bitcoin Price Analysis BTC Chart\" width=\"1828\" height=\"868\" srcset=\"https:\/\/ktsl888.com\/wp-content\/uploads\/2019\/10\/Bitcoin-14.png?w=1828 1828w, https:\/\/ktsl888.com\/wp-content\/uploads\/2019\/10\/Bitcoin-14.png?w=460 460w, https:\/\/ktsl888.com\/wp-content\/uploads\/2019\/10\/Bitcoin-14.png?w=768 768w, https:\/\/ktsl888.com\/wp-content\/uploads\/2019\/10\/Bitcoin-14.png?w=860 860w, https:\/\/ktsl888.com\/wp-content\/uploads\/2019\/10\/Bitcoin-14.png?w=1536 1536w, https:\/\/ktsl888.com\/wp-content\/uploads\/2019\/10\/Bitcoin-14.png?w=750 750w, https:\/\/ktsl888.com\/wp-content\/uploads\/2019\/10\/Bitcoin-14.png?w=1140 1140w\" sizes=\"(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 is now trading in a downtrend and the recent breakdown below $8,000 is likely to gain momentum. Therefore, it seems like the price might head towards the $7,800 and $7,500 support levels in the coming sessions.<\/p>\n<p>Technical indicators:<\/p>\n<p>Hourly MACD \u2013 The MACD is about to move back into the bearish zone.<\/p>\n<p>Hourly RSI (Relative Strength Index) \u2013 The RSI for BTC\/USD is declining and is well below the 40 level.<\/p>\n<p>Major Support Levels \u2013 $7,800 followed by $7,500.<\/p>\n<p>Major Resistance Levels \u2013 $8,020, $8,100 and $8,150.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bitcoin price is back in a downtrend with a close below the $8,000 support against the US Dollar. The price is trading below the $8,000 support and remains at a risk of more losses below $7,800. Yesterday\u2019s highlighted major declining channel was breached with support near $8,100 on the hourly chart of the BTC\/USD pair (data feed from Kraken). The price could correct in the short term, but the $8,020 and $8,100 resistances are likely to prevent gains. Bitcoin price is declining and trading below key supports against the US Dollar. BTC is likely to extend its decline below the $7,800 support area in the near term. Bitcoin Price Analysis Yesterday, we saw bearish signs for bitcoin below the $8,250 support area against the US Dollar. BTC price gained bearish momentum and broke a couple of important supports near the $8,100 level and the 100 hourly simple moving average. Moreover, the price broke a crucial support area near the $8,020 and $8,000 levels to move into a bearish zone and start another decline. Additionally, yesterday\u2019s highlighted major declining channel was breached with support near $8,100 on the hourly chart of the BTC\/USD pair. The pair traded below $7,950 and formed a new weekly low near $7,915. It is currently consolidating gains below the $8,000 resistance area. An immediate resistance is near the $8,000 and $8,020 levels. Moreover, the 23.6% Fib retracement level of the recent drop from the $8,385 high to $7,915 low is also near the $8,020 resistance. If there is an upside correction above $8,020, bitcoin could recover towards the $8,100 resistance area (the previous support). Above $8,100, the next major resistance is near the $8,150 level. It represents the 50% Fib retracement level of the recent drop from the $8,385 high to $7,915 low. However, the price must move above the $8,250 resistance and the 100 hourly SMA to start a decent upward move. On the downside, an initial support is near the $7,915 low. Besides, the first key support is near the $7,800 level. If there is a downside break below the $7,800 support, the price could extend its decline towards the key $7,600 and $7,500 support levels. Looking at the chart, bitcoin is now trading in a downtrend and the recent breakdown below $8,000 is likely to gain momentum. Therefore, it seems like the price might head towards the $7,800 and $7,500 support levels in the coming sessions. Technical indicators: Hourly MACD \u2013 The MACD is about to move back into the bearish zone. Hourly RSI (Relative Strength Index) \u2013 The RSI for BTC\/USD is declining and is well below the 40 level. Major Support Levels \u2013 $7,800 followed by $7,500. Major Resistance Levels \u2013 $8,020, $8,100 and $8,150.<\/p>\n","protected":false},"author":67,"featured_media":394583,"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-401612","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-bitcoin","tag-btc"],"acf":[],"yoast_head":"\n<title>Bitcoin (BTC) Price Bearish Breakdown Looks Real, $7,500 Next?<\/title>\n<meta name=\"description\" content=\"Bitcoin price is declining and trading below key supports against the US Dollar. BTC is likely to extend its decline below the $7,800 support area in the near term.\" \/>\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-btc-price-bearish-breakdown-looks-real-7500-next\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Bitcoin (BTC) Price Bearish Breakdown Looks Real, $7,500 Next?\" \/>\n<meta property=\"og:description\" content=\"Bitcoin price is declining and trading below key supports against the US Dollar. BTC is likely to extend its decline below the $7,800 support area in the near term.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/ktsl888.com\/news\/bitcoin-btc-price-bearish-breakdown-looks-real-7500-next\/\" \/>\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=\"2019-10-17T06:00:17+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-06-11T12:49:42+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/ktsl888.com\/wp-content\/uploads\/2019\/08\/bitcoin-price-btcanalysis-drop.jpg?fit=1000%2C662\" \/>\n\t<meta property=\"og:image:width\" content=\"1000\" \/>\n\t<meta property=\"og:image:height\" content=\"662\" \/>\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-btc-price-bearish-breakdown-looks-real-7500-next\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/ktsl888.com\/news\/bitcoin-btc-price-bearish-breakdown-looks-real-7500-next\/\"},\"author\":{\"name\":\"Aayush Jindal\",\"@id\":\"https:\/\/ktsl888.com\/#\/schema\/person\/1f8631be4d0868de3fd2f21f17d9ae70\"},\"headline\":\"Bitcoin (BTC) Price Bearish Breakdown Looks Real, $7,500 Next?\",\"datePublished\":\"2019-10-17T06:00:17+00:00\",\"dateModified\":\"2024-06-11T12:49:42+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/ktsl888.com\/news\/bitcoin-btc-price-bearish-breakdown-looks-real-7500-next\/\"},\"wordCount\":418,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/ktsl888.com\/#organization\"},\"image\":{\"@id\":\"https:\/\/ktsl888.com\/news\/bitcoin-btc-price-bearish-breakdown-looks-real-7500-next\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/ktsl888.com\/wp-content\/uploads\/2019\/08\/bitcoin-price-btcanalysis-drop.jpg?fit=1000%2C662\",\"keywords\":[\"bitcoin\",\"btc\"],\"articleSection\":[\"Cryptocurrency Market News\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/ktsl888.com\/news\/bitcoin-btc-price-bearish-breakdown-looks-real-7500-next\/#respond\"]}],\"copyrightYear\":\"2019\",\"copyrightHolder\":{\"@id\":\"https:\/\/ktsl888.com\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/ktsl888.com\/news\/bitcoin-btc-price-bearish-breakdown-looks-real-7500-next\/\",\"url\":\"https:\/\/ktsl888.com\/news\/bitcoin-btc-price-bearish-breakdown-looks-real-7500-next\/\",\"name\":\"Bitcoin (BTC) Price Bearish Breakdown Looks Real, $7,500 Next?\",\"isPartOf\":{\"@id\":\"https:\/\/ktsl888.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/ktsl888.com\/news\/bitcoin-btc-price-bearish-breakdown-looks-real-7500-next\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/ktsl888.com\/news\/bitcoin-btc-price-bearish-breakdown-looks-real-7500-next\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/ktsl888.com\/wp-content\/uploads\/2019\/08\/bitcoin-price-btcanalysis-drop.jpg?fit=1000%2C662\",\"datePublished\":\"2019-10-17T06:00:17+00:00\",\"dateModified\":\"2024-06-11T12:49:42+00:00\",\"description\":\"Bitcoin price is declining and trading below key supports against the US Dollar. BTC is likely to extend its decline below the $7,800 support area in the near term.\",\"breadcrumb\":{\"@id\":\"https:\/\/ktsl888.com\/news\/bitcoin-btc-price-bearish-breakdown-looks-real-7500-next\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/ktsl888.com\/news\/bitcoin-btc-price-bearish-breakdown-looks-real-7500-next\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/ktsl888.com\/news\/bitcoin-btc-price-bearish-breakdown-looks-real-7500-next\/#primaryimage\",\"url\":\"https:\/\/ktsl888.com\/wp-content\/uploads\/2019\/08\/bitcoin-price-btcanalysis-drop.jpg?fit=1000%2C662\",\"contentUrl\":\"https:\/\/ktsl888.com\/wp-content\/uploads\/2019\/08\/bitcoin-price-btcanalysis-drop.jpg?fit=1000%2C662\",\"width\":1000,\"height\":662,\"caption\":\"Bitcoin price BTC decline\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/ktsl888.com\/news\/bitcoin-btc-price-bearish-breakdown-looks-real-7500-next\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/ktsl888.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Bitcoin (BTC) Price Bearish Breakdown Looks Real, $7,500 Next?\"}]},{\"@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 (BTC) Price Bearish Breakdown Looks Real, $7,500 Next?","description":"Bitcoin price is declining and trading below key supports against the US Dollar. BTC is likely to extend its decline below the $7,800 support area in the near term.","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-btc-price-bearish-breakdown-looks-real-7500-next\/","og_locale":"en_US","og_type":"article","og_title":"Bitcoin (BTC) Price Bearish Breakdown Looks Real, $7,500 Next?","og_description":"Bitcoin price is declining and trading below key supports against the US Dollar. BTC is likely to extend its decline below the $7,800 support area in the near term.","og_url":"https:\/\/ktsl888.com\/news\/bitcoin-btc-price-bearish-breakdown-looks-real-7500-next\/","og_site_name":"NewsBTC","article_publisher":"https:\/\/www.facebook.com\/newsbtc","article_published_time":"2019-10-17T06:00:17+00:00","article_modified_time":"2024-06-11T12:49:42+00:00","og_image":[{"width":1000,"height":662,"url":"https:\/\/ktsl888.com\/wp-content\/uploads\/2019\/08\/bitcoin-price-btcanalysis-drop.jpg?fit=1000%2C662","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-btc-price-bearish-breakdown-looks-real-7500-next\/#article","isPartOf":{"@id":"https:\/\/ktsl888.com\/news\/bitcoin-btc-price-bearish-breakdown-looks-real-7500-next\/"},"author":{"name":"Aayush Jindal","@id":"https:\/\/ktsl888.com\/#\/schema\/person\/1f8631be4d0868de3fd2f21f17d9ae70"},"headline":"Bitcoin (BTC) Price Bearish Breakdown Looks Real, $7,500 Next?","datePublished":"2019-10-17T06:00:17+00:00","dateModified":"2024-06-11T12:49:42+00:00","mainEntityOfPage":{"@id":"https:\/\/ktsl888.com\/news\/bitcoin-btc-price-bearish-breakdown-looks-real-7500-next\/"},"wordCount":418,"commentCount":0,"publisher":{"@id":"https:\/\/ktsl888.com\/#organization"},"image":{"@id":"https:\/\/ktsl888.com\/news\/bitcoin-btc-price-bearish-breakdown-looks-real-7500-next\/#primaryimage"},"thumbnailUrl":"https:\/\/ktsl888.com\/wp-content\/uploads\/2019\/08\/bitcoin-price-btcanalysis-drop.jpg?fit=1000%2C662","keywords":["bitcoin","btc"],"articleSection":["Cryptocurrency Market News"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/ktsl888.com\/news\/bitcoin-btc-price-bearish-breakdown-looks-real-7500-next\/#respond"]}],"copyrightYear":"2019","copyrightHolder":{"@id":"https:\/\/ktsl888.com\/#organization"}},{"@type":"WebPage","@id":"https:\/\/ktsl888.com\/news\/bitcoin-btc-price-bearish-breakdown-looks-real-7500-next\/","url":"https:\/\/ktsl888.com\/news\/bitcoin-btc-price-bearish-breakdown-looks-real-7500-next\/","name":"Bitcoin (BTC) Price Bearish Breakdown Looks Real, $7,500 Next?","isPartOf":{"@id":"https:\/\/ktsl888.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/ktsl888.com\/news\/bitcoin-btc-price-bearish-breakdown-looks-real-7500-next\/#primaryimage"},"image":{"@id":"https:\/\/ktsl888.com\/news\/bitcoin-btc-price-bearish-breakdown-looks-real-7500-next\/#primaryimage"},"thumbnailUrl":"https:\/\/ktsl888.com\/wp-content\/uploads\/2019\/08\/bitcoin-price-btcanalysis-drop.jpg?fit=1000%2C662","datePublished":"2019-10-17T06:00:17+00:00","dateModified":"2024-06-11T12:49:42+00:00","description":"Bitcoin price is declining and trading below key supports against the US Dollar. BTC is likely to extend its decline below the $7,800 support area in the near term.","breadcrumb":{"@id":"https:\/\/ktsl888.com\/news\/bitcoin-btc-price-bearish-breakdown-looks-real-7500-next\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/ktsl888.com\/news\/bitcoin-btc-price-bearish-breakdown-looks-real-7500-next\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/ktsl888.com\/news\/bitcoin-btc-price-bearish-breakdown-looks-real-7500-next\/#primaryimage","url":"https:\/\/ktsl888.com\/wp-content\/uploads\/2019\/08\/bitcoin-price-btcanalysis-drop.jpg?fit=1000%2C662","contentUrl":"https:\/\/ktsl888.com\/wp-content\/uploads\/2019\/08\/bitcoin-price-btcanalysis-drop.jpg?fit=1000%2C662","width":1000,"height":662,"caption":"Bitcoin price BTC decline"},{"@type":"BreadcrumbList","@id":"https:\/\/ktsl888.com\/news\/bitcoin-btc-price-bearish-breakdown-looks-real-7500-next\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/ktsl888.com\/"},{"@type":"ListItem","position":2,"name":"Bitcoin (BTC) Price Bearish Breakdown Looks Real, $7,500 Next?"}]},{"@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 (BTC) Price Bearish Breakdown Looks Real, $7,500 Next?","url":"http:\/\/ktsl888.com\/news\/bitcoin-btc-price-bearish-breakdown-looks-real-7500-next\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/ktsl888.com\/news\/bitcoin-btc-price-bearish-breakdown-looks-real-7500-next\/"},"thumbnailUrl":"https:\/\/ktsl888.com\/wp-content\/uploads\/2019\/08\/bitcoin-price-btcanalysis-drop.jpg?resize=200%2C200","image":{"@type":"ImageObject","url":"https:\/\/ktsl888.com\/wp-content\/uploads\/2019\/08\/bitcoin-price-btcanalysis-drop.jpg?fit=1000%2C662"},"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":"2019-10-17T06:00:17Z","datePublished":"2019-10-17T06:00:17Z","dateModified":"2024-06-11T12:49:42Z"},"rendered":"<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"NewsArticle\",\"headline\":\"Bitcoin (BTC) Price Bearish Breakdown Looks Real, $7,500 Next?\",\"url\":\"http:\\\/\\\/ktsl888.com\\\/news\\\/bitcoin-btc-price-bearish-breakdown-looks-real-7500-next\\\/\",\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/ktsl888.com\\\/news\\\/bitcoin-btc-price-bearish-breakdown-looks-real-7500-next\\\/\"},\"thumbnailUrl\":\"https:\\\/\\\/ktsl888.com\\\/wp-content\\\/uploads\\\/2019\\\/08\\\/bitcoin-price-btcanalysis-drop.jpg?resize=200%2C200\",\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/ktsl888.com\\\/wp-content\\\/uploads\\\/2019\\\/08\\\/bitcoin-price-btcanalysis-drop.jpg?fit=1000%2C662\"},\"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\":\"2019-10-17T06:00:17Z\",\"datePublished\":\"2019-10-17T06:00:17Z\",\"dateModified\":\"2024-06-11T12:49:42Z\"}<\/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\/08\/bitcoin-price-btcanalysis-drop.jpg?fit=1000%2C662","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/posts\/401612"}],"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=401612"}],"version-history":[{"count":0,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/posts\/401612\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/media\/394583"}],"wp:attachment":[{"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/media?parent=401612"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/categories?post=401612"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/tags?post=401612"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}