{"id":67873,"date":"2022-06-30T03:26:00","date_gmt":"2022-06-29T23:26:00","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=67873"},"modified":"2022-06-30T01:59:31","modified_gmt":"2022-06-29T21:59:31","slug":"bitcoin-dips-below-20000","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/bitcoin-dips-below-20000\/06\/30\/market-updates\/","title":{"rendered":"Bitcoin Dips Below $20000"},"content":{"rendered":"\n<p>Bitcoin\u2019s price entered a consolidation phase on Wednesday while its downtrend seems to have stopped after a severe shakeout to $17K. <br><br>This range is likely to provide significant support, as it contains the 2017 all-time high, and it might spark a short-term rally towards the $30K region.<br><br>Bitcoin price has fallen nearly 10% over the past three days, going from a high of $22,020 on June 26 to recently hitting a low of $19,890.<br><br>The star cryptocurrency appears to have reached a critical area of support that would likely determine where it is going next. <br><br>Further selling pressure that sends Bitcoin price below $19,690 can confirm that the recent correction has more leg downs. If this were to happen, Bitcoin price could fall to $18,550 or lower. <br><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bitcoin\u2019s price entered a consolidation phase on Wednesday while its downtrend seems to have stopped after a severe shakeout to $17K. This range is likely to provide significant support, as it contains the 2017 all-time high, and it might spark a short-term rally towards the $30K region.Bitcoin price has fallen nearly 10% over the past &hellip;<\/p>\n","protected":false},"author":13,"featured_media":44550,"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":[40,36],"tags":[6904,6903,7561,7471],"class_list":["post-67873","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-cryptocurrencies","category-market-updates","tag-bitcoin","tag-cryptocurrencies","tag-resistance","tag-support"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/67873","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\/13"}],"replies":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/comments?post=67873"}],"version-history":[{"count":2,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/67873\/revisions"}],"predecessor-version":[{"id":67880,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/67873\/revisions\/67880"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/44550"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=67873"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=67873"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=67873"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}