{"id":497396,"date":"2022-08-03T02:28:41","date_gmt":"2022-08-03T02:28:41","guid":{"rendered":"https:\/\/ktsl888.com\/?p=497396"},"modified":"2024-06-11T14:22:08","modified_gmt":"2024-06-11T14:22:08","slug":"bitcoin-price-could-drop-5-pc","status":"publish","type":"post","link":"https:\/\/ktsl888.com\/news\/bitcoin-price-could-drop-5-pc\/","title":{"rendered":"TA: Bitcoin Price Lacks Momentum, Why BTC Could Drop 5%"},"content":{"rendered":"<p><em>Bitcoin is struggling to climb above the $24,000 resistance zone against the US Dollar. BTC is declining and might continue to move down towards the $22,000 support.<\/em><\/p>\n<ul>\n<li>Bitcoin is showing bearish signs below the $23,500 level.<\/li>\n<li>The price is now trading below the $23,200 level and the 100 hourly simple moving average.<\/li>\n<li>There is a major bearish trend line forming with resistance near $23,250 on the hourly chart of the BTC\/USD pair (data feed from Kraken).<\/li>\n<li>The pair could continue to slide and might even test the $22,000 support in the near term.<\/li>\n<\/ul>\n<h2>Bitcoin Price Signals Decline<\/h2>\n<p>Bitcoin price started a <a href=\"https:\/\/ktsl888.com\/analysis\/btc\/bitcoin-price-could-revisit-22k\/\" target=\"_blank\" rel=\"noopener \">steady decline<\/a> from well above the $24,000 resistance zone. The price declined below the $23,500 and $23,250 to move into a short-term bearish zone.<\/p>\n<p>The declined gained pace below the <a href=\"https:\/\/ktsl888.com\/analysis\/btc\/bitcoin-price-struggles-below-25k\/\" target=\"_blank\" rel=\"noopener \">100 hourly simple moving average<\/a>. It even tested the 50% Fib retracement level of the key increase from the $20,695 swing low to $24,671 high. The price is now struggling below the $23,200 level and the 100 hourly simple moving average.<\/p>\n<p>There is also a major bearish trend line forming with resistance near $23,250 on the hourly chart of the BTC\/USD pair. However, it seems like the bulls are protecting the $22,680 support zone.<\/p>\n<p>On the upside, bitcoin price is facing resistance near the $23,250 level and the trend line. The next key resistance is near the $23,520 zone and the 100 hourly simple moving average.<\/p>\n<p><a href=\"https:\/\/ktsl888.com\/wp-content\/uploads\/2022\/08\/Bitcoin-2.png\"><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-497397\" src=\"https:\/\/ktsl888.com\/wp-content\/uploads\/2022\/08\/Bitcoin-2.png?resize=1834%2C845\" alt=\"Bitcoin Price\" width=\"1834\" height=\"845\" srcset=\"https:\/\/ktsl888.com\/wp-content\/uploads\/2022\/08\/Bitcoin-2.png?w=1834 1834w, https:\/\/ktsl888.com\/wp-content\/uploads\/2022\/08\/Bitcoin-2.png?w=460 460w, https:\/\/ktsl888.com\/wp-content\/uploads\/2022\/08\/Bitcoin-2.png?w=768 768w, https:\/\/ktsl888.com\/wp-content\/uploads\/2022\/08\/Bitcoin-2.png?w=860 860w, https:\/\/ktsl888.com\/wp-content\/uploads\/2022\/08\/Bitcoin-2.png?w=1536 1536w, https:\/\/ktsl888.com\/wp-content\/uploads\/2022\/08\/Bitcoin-2.png?w=750 750w, https:\/\/ktsl888.com\/wp-content\/uploads\/2022\/08\/Bitcoin-2.png?w=1140 1140w\" sizes=\"(max-width: 1000px) 100vw, 1000px\"><\/a><\/p>\n<pre>Source: <a href=\"https:\/\/www.tradingview.com\/symbols\/BTCUSD\/\" target=\"_blank\" rel=\"noopener nofollow\">BTCUSD on TradingView.com<\/a><\/pre>\n<p>The main resistance could be near the $24,180 zone. A close above the $24,180 resistance zone could set the pace for a decent increase. In the stated case, the price may perhaps rise towards the $24,650 level. The next major resistance sits near the $25,000 level.<\/p>\n<h2>More Losses in BTC?<\/h2>\n<p>If bitcoin fails to clear the $23,250 resistance zone and the trend line, it could continue to move down. An immediate support on the downside is near the $22,680 level.<\/p>\n<p>The next major support now sits near the $22,210 level. It is near the 61.8% Fib retracement level of the key increase from the $20,695 swing low to $24,671 high. Any more losses might send the price towards $22,000 level.<\/p>\n<p>Technical indicators:<\/p>\n<p>Hourly MACD \u2013 The MACD is now gaining pace in the bearish zone.<\/p>\n<p>Hourly RSI (Relative Strength Index) \u2013 The RSI for BTC\/USD is now below the 50 level.<\/p>\n<p>Major Support Levels \u2013 $22,680, followed by $22,210.<\/p>\n<p>Major Resistance Levels \u2013 $23,250, $23,520 and $24,180.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bitcoin is struggling to climb above the $24,000 resistance zone against the US Dollar. BTC is declining and might continue to move down towards the $22,000 support. Bitcoin is showing bearish signs below the $23,500 level. The price is now trading below the $23,200 level and the 100 hourly simple moving average. There is a major bearish trend line forming with resistance near $23,250 on the hourly chart of the BTC\/USD pair (data feed from Kraken). The pair could continue to slide and might even test the $22,000 support in the near term. Bitcoin Price Signals Decline Bitcoin price started a steady decline from well above the $24,000 resistance zone. The price declined below the $23,500 and $23,250 to move into a short-term bearish zone. The declined gained pace below the 100 hourly simple moving average. It even tested the 50% Fib retracement level of the key increase from the $20,695 swing low to $24,671 high. The price is now struggling below the $23,200 level and the 100 hourly simple moving average. There is also a major bearish trend line forming with resistance near $23,250 on the hourly chart of the BTC\/USD pair. However, it seems like the bulls are protecting the $22,680 support zone. On the upside, bitcoin price is facing resistance near the $23,250 level and the trend line. The next key resistance is near the $23,520 zone and the 100 hourly simple moving average. Source: BTCUSD on TradingView.com The main resistance could be near the $24,180 zone. A close above the $24,180 resistance zone could set the pace for a decent increase. In the stated case, the price may perhaps rise towards the $24,650 level. The next major resistance sits near the $25,000 level. More Losses in BTC? If bitcoin fails to clear the $23,250 resistance zone and the trend line, it could continue to move down. An immediate support on the downside is near the $22,680 level. The next major support now sits near the $22,210 level. It is near the 61.8% Fib retracement level of the key increase from the $20,695 swing low to $24,671 high. Any more losses might send the price towards $22,000 level. Technical indicators: Hourly MACD \u2013 The MACD is now gaining pace in the bearish zone. Hourly RSI (Relative Strength Index) \u2013 The RSI for BTC\/USD is now below the 50 level. Major Support Levels \u2013 $22,680, followed by $22,210. Major Resistance Levels \u2013 $23,250, $23,520 and $24,180.<\/p>\n","protected":false},"author":67,"featured_media":461913,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[3],"tags":[428,1144,78790,76835],"class_list":["post-497396","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-bitcoin","tag-btcusd","tag-btcusdt","tag-xbtusd"],"acf":[],"yoast_head":"\n<title>TA: Bitcoin Price Lacks Momentum, Why BTC Could Drop 5%<\/title>\n<meta name=\"description\" content=\"Bitcoin is struggling to climb above the $24,000 resistance zone against the US Dollar. BTC is declining and might continue to move down towards the $22,000 support.\" \/>\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-could-drop-5-pc\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"TA: Bitcoin Price Lacks Momentum, Why BTC Could Drop 5%\" \/>\n<meta property=\"og:description\" content=\"Bitcoin is struggling to climb above the $24,000 resistance zone against the US Dollar. BTC is declining and might continue to move down towards the $22,000 support.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/ktsl888.com\/news\/bitcoin-price-could-drop-5-pc\/\" \/>\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=\"2022-08-03T02:28:41+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-06-11T14:22:08+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/ktsl888.com\/wp-content\/uploads\/2021\/04\/shutterstock_649342378.jpg?fit=1000%2C667\" \/>\n\t<meta property=\"og:image:width\" content=\"1000\" \/>\n\t<meta property=\"og:image:height\" content=\"667\" \/>\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-could-drop-5-pc\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/ktsl888.com\/news\/bitcoin-price-could-drop-5-pc\/\"},\"author\":{\"name\":\"Aayush Jindal\",\"@id\":\"https:\/\/ktsl888.com\/#\/schema\/person\/1f8631be4d0868de3fd2f21f17d9ae70\"},\"headline\":\"TA: Bitcoin Price Lacks Momentum, Why BTC Could Drop 5%\",\"datePublished\":\"2022-08-03T02:28:41+00:00\",\"dateModified\":\"2024-06-11T14:22:08+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/ktsl888.com\/news\/bitcoin-price-could-drop-5-pc\/\"},\"wordCount\":374,\"publisher\":{\"@id\":\"https:\/\/ktsl888.com\/#organization\"},\"image\":{\"@id\":\"https:\/\/ktsl888.com\/news\/bitcoin-price-could-drop-5-pc\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/ktsl888.com\/wp-content\/uploads\/2021\/04\/shutterstock_649342378.jpg?fit=1000%2C667\",\"keywords\":[\"bitcoin\",\"btcusd\",\"BTCUSDT\",\"xbtusd\"],\"articleSection\":[\"Cryptocurrency Market News\"],\"inLanguage\":\"en-US\",\"copyrightYear\":\"2022\",\"copyrightHolder\":{\"@id\":\"https:\/\/ktsl888.com\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/ktsl888.com\/news\/bitcoin-price-could-drop-5-pc\/\",\"url\":\"https:\/\/ktsl888.com\/news\/bitcoin-price-could-drop-5-pc\/\",\"name\":\"TA: Bitcoin Price Lacks Momentum, Why BTC Could Drop 5%\",\"isPartOf\":{\"@id\":\"https:\/\/ktsl888.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/ktsl888.com\/news\/bitcoin-price-could-drop-5-pc\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/ktsl888.com\/news\/bitcoin-price-could-drop-5-pc\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/ktsl888.com\/wp-content\/uploads\/2021\/04\/shutterstock_649342378.jpg?fit=1000%2C667\",\"datePublished\":\"2022-08-03T02:28:41+00:00\",\"dateModified\":\"2024-06-11T14:22:08+00:00\",\"description\":\"Bitcoin is struggling to climb above the $24,000 resistance zone against the US Dollar. BTC is declining and might continue to move down towards the $22,000 support.\",\"breadcrumb\":{\"@id\":\"https:\/\/ktsl888.com\/news\/bitcoin-price-could-drop-5-pc\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/ktsl888.com\/news\/bitcoin-price-could-drop-5-pc\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/ktsl888.com\/news\/bitcoin-price-could-drop-5-pc\/#primaryimage\",\"url\":\"https:\/\/ktsl888.com\/wp-content\/uploads\/2021\/04\/shutterstock_649342378.jpg?fit=1000%2C667\",\"contentUrl\":\"https:\/\/ktsl888.com\/wp-content\/uploads\/2021\/04\/shutterstock_649342378.jpg?fit=1000%2C667\",\"width\":1000,\"height\":667,\"caption\":\"Bitcoin\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/ktsl888.com\/news\/bitcoin-price-could-drop-5-pc\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/ktsl888.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"TA: Bitcoin Price Lacks Momentum, Why BTC Could Drop 5%\"}]},{\"@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":"TA: Bitcoin Price Lacks Momentum, Why BTC Could Drop 5%","description":"Bitcoin is struggling to climb above the $24,000 resistance zone against the US Dollar. BTC is declining and might continue to move down towards the $22,000 support.","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-could-drop-5-pc\/","og_locale":"en_US","og_type":"article","og_title":"TA: Bitcoin Price Lacks Momentum, Why BTC Could Drop 5%","og_description":"Bitcoin is struggling to climb above the $24,000 resistance zone against the US Dollar. BTC is declining and might continue to move down towards the $22,000 support.","og_url":"https:\/\/ktsl888.com\/news\/bitcoin-price-could-drop-5-pc\/","og_site_name":"NewsBTC","article_publisher":"https:\/\/www.facebook.com\/newsbtc","article_published_time":"2022-08-03T02:28:41+00:00","article_modified_time":"2024-06-11T14:22:08+00:00","og_image":[{"width":1000,"height":667,"url":"https:\/\/ktsl888.com\/wp-content\/uploads\/2021\/04\/shutterstock_649342378.jpg?fit=1000%2C667","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-could-drop-5-pc\/#article","isPartOf":{"@id":"https:\/\/ktsl888.com\/news\/bitcoin-price-could-drop-5-pc\/"},"author":{"name":"Aayush Jindal","@id":"https:\/\/ktsl888.com\/#\/schema\/person\/1f8631be4d0868de3fd2f21f17d9ae70"},"headline":"TA: Bitcoin Price Lacks Momentum, Why BTC Could Drop 5%","datePublished":"2022-08-03T02:28:41+00:00","dateModified":"2024-06-11T14:22:08+00:00","mainEntityOfPage":{"@id":"https:\/\/ktsl888.com\/news\/bitcoin-price-could-drop-5-pc\/"},"wordCount":374,"publisher":{"@id":"https:\/\/ktsl888.com\/#organization"},"image":{"@id":"https:\/\/ktsl888.com\/news\/bitcoin-price-could-drop-5-pc\/#primaryimage"},"thumbnailUrl":"https:\/\/ktsl888.com\/wp-content\/uploads\/2021\/04\/shutterstock_649342378.jpg?fit=1000%2C667","keywords":["bitcoin","btcusd","BTCUSDT","xbtusd"],"articleSection":["Cryptocurrency Market News"],"inLanguage":"en-US","copyrightYear":"2022","copyrightHolder":{"@id":"https:\/\/ktsl888.com\/#organization"}},{"@type":"WebPage","@id":"https:\/\/ktsl888.com\/news\/bitcoin-price-could-drop-5-pc\/","url":"https:\/\/ktsl888.com\/news\/bitcoin-price-could-drop-5-pc\/","name":"TA: Bitcoin Price Lacks Momentum, Why BTC Could Drop 5%","isPartOf":{"@id":"https:\/\/ktsl888.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/ktsl888.com\/news\/bitcoin-price-could-drop-5-pc\/#primaryimage"},"image":{"@id":"https:\/\/ktsl888.com\/news\/bitcoin-price-could-drop-5-pc\/#primaryimage"},"thumbnailUrl":"https:\/\/ktsl888.com\/wp-content\/uploads\/2021\/04\/shutterstock_649342378.jpg?fit=1000%2C667","datePublished":"2022-08-03T02:28:41+00:00","dateModified":"2024-06-11T14:22:08+00:00","description":"Bitcoin is struggling to climb above the $24,000 resistance zone against the US Dollar. BTC is declining and might continue to move down towards the $22,000 support.","breadcrumb":{"@id":"https:\/\/ktsl888.com\/news\/bitcoin-price-could-drop-5-pc\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/ktsl888.com\/news\/bitcoin-price-could-drop-5-pc\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/ktsl888.com\/news\/bitcoin-price-could-drop-5-pc\/#primaryimage","url":"https:\/\/ktsl888.com\/wp-content\/uploads\/2021\/04\/shutterstock_649342378.jpg?fit=1000%2C667","contentUrl":"https:\/\/ktsl888.com\/wp-content\/uploads\/2021\/04\/shutterstock_649342378.jpg?fit=1000%2C667","width":1000,"height":667,"caption":"Bitcoin"},{"@type":"BreadcrumbList","@id":"https:\/\/ktsl888.com\/news\/bitcoin-price-could-drop-5-pc\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/ktsl888.com\/"},{"@type":"ListItem","position":2,"name":"TA: Bitcoin Price Lacks Momentum, Why BTC Could Drop 5%"}]},{"@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":"TA: Bitcoin Price Lacks Momentum, Why BTC Could Drop 5%","url":"http:\/\/ktsl888.com\/news\/bitcoin-price-could-drop-5-pc\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/ktsl888.com\/news\/bitcoin-price-could-drop-5-pc\/"},"thumbnailUrl":"https:\/\/ktsl888.com\/wp-content\/uploads\/2021\/04\/shutterstock_649342378.jpg?resize=200%2C200","image":{"@type":"ImageObject","url":"https:\/\/ktsl888.com\/wp-content\/uploads\/2021\/04\/shutterstock_649342378.jpg?fit=1000%2C667"},"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","btcusd","btcusdt","xbtusd"],"dateCreated":"2022-08-03T02:28:41Z","datePublished":"2022-08-03T02:28:41Z","dateModified":"2024-06-11T14:22:08Z"},"rendered":"<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"NewsArticle\",\"headline\":\"TA: Bitcoin Price Lacks Momentum, Why BTC Could Drop 5%\",\"url\":\"http:\\\/\\\/ktsl888.com\\\/news\\\/bitcoin-price-could-drop-5-pc\\\/\",\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/ktsl888.com\\\/news\\\/bitcoin-price-could-drop-5-pc\\\/\"},\"thumbnailUrl\":\"https:\\\/\\\/ktsl888.com\\\/wp-content\\\/uploads\\\/2021\\\/04\\\/shutterstock_649342378.jpg?resize=200%2C200\",\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/ktsl888.com\\\/wp-content\\\/uploads\\\/2021\\\/04\\\/shutterstock_649342378.jpg?fit=1000%2C667\"},\"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\",\"btcusd\",\"btcusdt\",\"xbtusd\"],\"dateCreated\":\"2022-08-03T02:28:41Z\",\"datePublished\":\"2022-08-03T02:28:41Z\",\"dateModified\":\"2024-06-11T14:22:08Z\"}<\/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\/2021\/04\/shutterstock_649342378.jpg?fit=1000%2C667","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/posts\/497396"}],"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=497396"}],"version-history":[{"count":0,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/posts\/497396\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/media\/461913"}],"wp:attachment":[{"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/media?parent=497396"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/categories?post=497396"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/tags?post=497396"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}