{"id":41961,"date":"2021-02-24T11:55:19","date_gmt":"2021-02-24T07:55:19","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=41961"},"modified":"2021-02-24T11:55:21","modified_gmt":"2021-02-24T07:55:21","slug":"bitcoin-facing-profit-taking-2","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/bitcoin-facing-profit-taking-2\/02\/24\/tech-analysis\/","title":{"rendered":"Bitcoin Facing Profit-Taking"},"content":{"rendered":"\n<p>Bitcoin retreated significantly, moving away from its recent gains within the expected bearish context, touching the official goal of re-testing published during the previous analysis at a price of 46,320, posting the lowest at 44,943<\/p>\n\n\n\n<p>Today, we tend to descend, relying on the clear negativity patterns on Stochastic, as long as it confirms the breach of support level 49,800, targeting 49,350.<\/p>\n\n\n\n<p>Trading above 50,960 leads the price to achieve gains that extend to 51,450. <\/p>\n\n\n\n<p>Note: The level of risk is very high and does not match the expected return, and all scenarios are on the table.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bitcoin retreated significantly, moving away from its recent gains within the expected bearish context, touching the official goal of re-testing published during the previous analysis at a price of 46,320, posting the lowest at 44,943 Today, we tend to descend, relying on the clear negativity patterns on Stochastic, as long as it confirms the breach &hellip;<\/p>\n","protected":false},"author":9,"featured_media":41978,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[42,41],"tags":[7222,6904,7227],"class_list":["post-41961","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-daily-tech-analysis","category-tech-analysis","tag-analysis","tag-bitcoin","tag-technical"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/41961","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/comments?post=41961"}],"version-history":[{"count":1,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/41961\/revisions"}],"predecessor-version":[{"id":41979,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/41961\/revisions\/41979"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/41978"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=41961"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=41961"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=41961"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}