{"id":409451,"date":"2020-01-02T05:28:18","date_gmt":"2020-01-02T05:28:18","guid":{"rendered":"https:\/\/wncen.com\/?p=409451"},"modified":"2024-06-11T12:56:38","modified_gmt":"2024-06-11T12:56:38","slug":"bitcoin-price-vulnerable-below-7k","status":"publish","type":"post","link":"https:\/\/wncen.com\/news\/bitcoin-price-vulnerable-below-7k\/","title":{"rendered":"Bitcoin Bears Rejected $7,300, Price Vulnerable Below $7K"},"content":{"rendered":"<ul>\n<li>Bitcoin was rejected on a few occasions near $7,260 and $7,300 against the US Dollar.<\/li>\n<li>The price is currently declining and it remains at a risk of more downsides below $7,000.<\/li>\n<li>There is a declining channel forming with resistance near $7,180 on the hourly chart of the BTC\/USD pair (data feed from Kraken).<\/li>\n<li><a href=\"https:\/\/wncen.com\/2020\/01\/02\/ethereum-eth-price-primed-for-upsides\/\" target=\"_blank\" rel=\"noopener noreferrer \">Ethereum<\/a> is also struggling below $132, but it is likely to bounce back as long as it is above $120.<\/li>\n<\/ul>\n<p><em>Bitcoin price is showing a few bearish signs below $7,300 and $7,260 against the US Dollar. BTC could decline heavily if there is a clear break below $7,000.<\/em><\/p>\n<h2>Bitcoin Price Analysis<\/h2>\n<p>In the past few days, <a href=\"https:\/\/wncen.com\/2020\/01\/01\/bitcoin-starts-2020-bearish-bias\/\" target=\"_blank\" rel=\"noopener noreferrer \">bitcoin bulls failed to gain traction above $7,320 and $7,300<\/a> against the US Dollar. Moreover, there were a few attempts to rise steadily above $7,300, but BTC failed to settle above $7,260.<\/p>\n<p>The price is now trading well below $7,300 and the 100 hourly simple moving average. The last swing high was formed near $7,235 before the price declined below the $7,200 support.<\/p>\n<p>Besides, there was a break below the 50% Fib retracement level of the upward move from the $7,111 low to $7,235 high. It opened the doors for more losses below $7,150 and $7,100.<\/p>\n<p>At the moment, bitcoin price is trading below the last swing low at $7,111. Therefore, it could extend its decline towards the 1.236 Fib extension level of the upward move from the $7,111 low to $7,235 high at $7,082.<\/p>\n<p>However, the bears are likely to gain momentum below $7,080. In the mentioned case, the next target may perhaps be $7,000 in the coming sessions. An intermediate support is $7,040 or the 1.618 Fib extension level of the upward move from the $7,111 low to $7,235 high.<\/p>\n<p>Any further weakness below $7,000 might accelerate decline and the price could even hit the $6,800 support area. On the upside, there are many hurdles forming near $7,200 and $7,260.<\/p>\n<p>Additionally, there is a declining channel forming with resistance near $7,180 on the hourly chart of the BTC\/USD pair. A successful break above the channel resistance, $7,260, the 100 hourly SMA, and the $7,300 barrier is needed to start a decent upward move towards the $7,500 resistance.<\/p>\n<figure id=\"attachment_409452\" aria-describedby=\"caption-attachment-409452\" style=\"width: 1828px\" class=\"wp-caption alignnone\"><a href=\"https:\/\/wncen.com\/wp-content\/uploads\/2020\/01\/Bitcoin-1.png\"><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-409452\" src=\"https:\/\/wncen.com\/wp-content\/uploads\/2020\/01\/Bitcoin-1.png?resize=1828%2C868\" alt=\"Bitcoin Price \" width=\"1828\" height=\"868\" srcset=\"https:\/\/wncen.com\/wp-content\/uploads\/2020\/01\/Bitcoin-1.png?w=1828 1828w, https:\/\/wncen.com\/wp-content\/uploads\/2020\/01\/Bitcoin-1.png?w=460 460w, https:\/\/wncen.com\/wp-content\/uploads\/2020\/01\/Bitcoin-1.png?w=768 768w, https:\/\/wncen.com\/wp-content\/uploads\/2020\/01\/Bitcoin-1.png?w=860 860w, https:\/\/wncen.com\/wp-content\/uploads\/2020\/01\/Bitcoin-1.png?w=1536 1536w, https:\/\/wncen.com\/wp-content\/uploads\/2020\/01\/Bitcoin-1.png?w=750 750w, https:\/\/wncen.com\/wp-content\/uploads\/2020\/01\/Bitcoin-1.png?w=1140 1140w\" sizes=\"auto, (max-width: 1000px) 100vw, 1000px\"><\/a><figcaption id=\"caption-attachment-409452\" class=\"wp-caption-text\">Bitcoin Price<\/figcaption><\/figure>\n<p>Looking at the <a href=\"https:\/\/www.tradingview.com\/symbols\/XBTUSD\/\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">chart<\/a>, bitcoin price is clearly struggling to climb above $7,260 and the 100 hourly SMA. As a result, there are chances of a sharp decline below the $7,080 and $7,000 support levels.<\/p>\n<p>Technical indicators:<\/p>\n<p>Hourly MACD \u2013 The MACD is currently gaining strength in the bearish zone.<\/p>\n<p>Hourly RSI (Relative Strength Index) \u2013 The RSI for BTC\/USD is now well below the 40 level.<\/p>\n<p>Major Support Levels \u2013 $7,080 followed by $7,000.<\/p>\n<p>Major Resistance Levels \u2013 $7,260, $7,300 and $7,320.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bitcoin was rejected on a few occasions near $7,260 and $7,300 against the US Dollar. The price is currently declining and it remains at a risk of more downsides below $7,000. There is a declining channel forming with resistance near $7,180 on the hourly chart of the BTC\/USD pair (data feed from Kraken). Ethereum is also struggling below $132, but it is likely to bounce back as long as it is above $120. Bitcoin price is showing a few bearish signs below $7,300 and $7,260 against the US Dollar. BTC could decline heavily if there is a clear break below $7,000. Bitcoin Price Analysis In the past few days, bitcoin bulls failed to gain traction above $7,320 and $7,300 against the US Dollar. Moreover, there were a few attempts to rise steadily above $7,300, but BTC failed to settle above $7,260. The price is now trading well below $7,300 and the 100 hourly simple moving average. The last swing high was formed near $7,235 before the price declined below the $7,200 support. Besides, there was a break below the 50% Fib retracement level of the upward move from the $7,111 low to $7,235 high. It opened the doors for more losses below $7,150 and $7,100. At the moment, bitcoin price is trading below the last swing low at $7,111. Therefore, it could extend its decline towards the 1.236 Fib extension level of the upward move from the $7,111 low to $7,235 high at $7,082. However, the bears are likely to gain momentum below $7,080. In the mentioned case, the next target may perhaps be $7,000 in the coming sessions. An intermediate support is $7,040 or the 1.618 Fib extension level of the upward move from the $7,111 low to $7,235 high. Any further weakness below $7,000 might accelerate decline and the price could even hit the $6,800 support area. On the upside, there are many hurdles forming near $7,200 and $7,260. Additionally, there is a declining channel forming with resistance near $7,180 on the hourly chart of the BTC\/USD pair. A successful break above the channel resistance, $7,260, the 100 hourly SMA, and the $7,300 barrier is needed to start a decent upward move towards the $7,500 resistance. Looking at the chart, bitcoin price is clearly struggling to climb above $7,260 and the 100 hourly SMA. As a result, there are chances of a sharp decline below the $7,080 and $7,000 support levels. Technical indicators: Hourly MACD \u2013 The MACD is currently gaining strength in the bearish zone. Hourly RSI (Relative Strength Index) \u2013 The RSI for BTC\/USD is now well below the 40 level. Major Support Levels \u2013 $7,080 followed by $7,000. Major Resistance Levels \u2013 $7,260, $7,300 and $7,320.<\/p>\n","protected":false},"author":67,"featured_media":409453,"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":[428,1119,1144],"class_list":["post-409451","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-bitcoin","tag-btc","tag-btcusd"],"acf":[],"yoast_head":"\n<title>Bitcoin Bears Rejected $7,300, Price Vulnerable Below $7K<\/title>\n<meta name=\"description\" content=\"Bitcoin price is showing a few bearish signs below $7,300 and $7,260 against the US Dollar. BTC could decline heavily if there is a clear break below $7,000.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/wncen.com\/news\/bitcoin-price-vulnerable-below-7k\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Bitcoin Bears Rejected $7,300, Price Vulnerable Below $7K\" \/>\n<meta property=\"og:description\" content=\"Bitcoin price is showing a few bearish signs below $7,300 and $7,260 against the US Dollar. BTC could decline heavily if there is a clear break below $7,000.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/wncen.com\/news\/bitcoin-price-vulnerable-below-7k\/\" \/>\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=\"2020-01-02T05:28:18+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-06-11T12:56:38+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/wncen.com\/wp-content\/uploads\/2020\/01\/shutterstock_1531926935.jpg?fit=1000%2C650\" \/>\n\t<meta property=\"og:image:width\" content=\"1000\" \/>\n\t<meta property=\"og:image:height\" content=\"650\" \/>\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:\/\/wncen.com\/news\/bitcoin-price-vulnerable-below-7k\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/wncen.com\/news\/bitcoin-price-vulnerable-below-7k\/\"},\"author\":{\"name\":\"Aayush Jindal\",\"@id\":\"https:\/\/wncen.com\/#\/schema\/person\/1f8631be4d0868de3fd2f21f17d9ae70\"},\"headline\":\"Bitcoin Bears Rejected $7,300, Price Vulnerable Below $7K\",\"datePublished\":\"2020-01-02T05:28:18+00:00\",\"dateModified\":\"2024-06-11T12:56:38+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/wncen.com\/news\/bitcoin-price-vulnerable-below-7k\/\"},\"wordCount\":414,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/wncen.com\/#organization\"},\"image\":{\"@id\":\"https:\/\/wncen.com\/news\/bitcoin-price-vulnerable-below-7k\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/wncen.com\/wp-content\/uploads\/2020\/01\/shutterstock_1531926935.jpg?fit=1000%2C650\",\"keywords\":[\"bitcoin\",\"btc\",\"btcusd\"],\"articleSection\":[\"Cryptocurrency Market News\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/wncen.com\/news\/bitcoin-price-vulnerable-below-7k\/#respond\"]}],\"copyrightYear\":\"2020\",\"copyrightHolder\":{\"@id\":\"https:\/\/wncen.com\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/wncen.com\/news\/bitcoin-price-vulnerable-below-7k\/\",\"url\":\"https:\/\/wncen.com\/news\/bitcoin-price-vulnerable-below-7k\/\",\"name\":\"Bitcoin Bears Rejected $7,300, Price Vulnerable Below $7K\",\"isPartOf\":{\"@id\":\"https:\/\/wncen.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/wncen.com\/news\/bitcoin-price-vulnerable-below-7k\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/wncen.com\/news\/bitcoin-price-vulnerable-below-7k\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/wncen.com\/wp-content\/uploads\/2020\/01\/shutterstock_1531926935.jpg?fit=1000%2C650\",\"datePublished\":\"2020-01-02T05:28:18+00:00\",\"dateModified\":\"2024-06-11T12:56:38+00:00\",\"description\":\"Bitcoin price is showing a few bearish signs below $7,300 and $7,260 against the US Dollar. BTC could decline heavily if there is a clear break below $7,000.\",\"breadcrumb\":{\"@id\":\"https:\/\/wncen.com\/news\/bitcoin-price-vulnerable-below-7k\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/wncen.com\/news\/bitcoin-price-vulnerable-below-7k\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/wncen.com\/news\/bitcoin-price-vulnerable-below-7k\/#primaryimage\",\"url\":\"https:\/\/wncen.com\/wp-content\/uploads\/2020\/01\/shutterstock_1531926935.jpg?fit=1000%2C650\",\"contentUrl\":\"https:\/\/wncen.com\/wp-content\/uploads\/2020\/01\/shutterstock_1531926935.jpg?fit=1000%2C650\",\"width\":1000,\"height\":650,\"caption\":\"Bitcoin Price BTC Vulnerable\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/wncen.com\/news\/bitcoin-price-vulnerable-below-7k\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/wncen.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Bitcoin Bears Rejected $7,300, Price Vulnerable Below $7K\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/wncen.com\/#website\",\"url\":\"https:\/\/wncen.com\/\",\"name\":\"NewsBTC\",\"description\":\"Bitcoin &amp; Cryptocurrency News Today\",\"publisher\":{\"@id\":\"https:\/\/wncen.com\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/wncen.com\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/wncen.com\/#organization\",\"name\":\"NewsBTC\",\"url\":\"https:\/\/wncen.com\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/wncen.com\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46\",\"contentUrl\":\"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46\",\"width\":157,\"height\":46,\"caption\":\"NewsBTC\"},\"image\":{\"@id\":\"https:\/\/wncen.com\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/www.facebook.com\/newsbtc\",\"https:\/\/x.com\/newsbtc\",\"https:\/\/www.youtube.com\/channel\/UC9v9erBEru5y4c3FA0wehEw\"]},{\"@type\":\"Person\",\"@id\":\"https:\/\/wncen.com\/#\/schema\/person\/1f8631be4d0868de3fd2f21f17d9ae70\",\"name\":\"Aayush Jindal\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/wncen.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:\/\/wncen.com\/author\/aayushjindal\/\"}]}<\/script>\n","yoast_head_json":{"title":"Bitcoin Bears Rejected $7,300, Price Vulnerable Below $7K","description":"Bitcoin price is showing a few bearish signs below $7,300 and $7,260 against the US Dollar. BTC could decline heavily if there is a clear break below $7,000.","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:\/\/wncen.com\/news\/bitcoin-price-vulnerable-below-7k\/","og_locale":"en_US","og_type":"article","og_title":"Bitcoin Bears Rejected $7,300, Price Vulnerable Below $7K","og_description":"Bitcoin price is showing a few bearish signs below $7,300 and $7,260 against the US Dollar. BTC could decline heavily if there is a clear break below $7,000.","og_url":"https:\/\/wncen.com\/news\/bitcoin-price-vulnerable-below-7k\/","og_site_name":"NewsBTC","article_publisher":"https:\/\/www.facebook.com\/newsbtc","article_published_time":"2020-01-02T05:28:18+00:00","article_modified_time":"2024-06-11T12:56:38+00:00","og_image":[{"width":1000,"height":650,"url":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/01\/shutterstock_1531926935.jpg?fit=1000%2C650","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:\/\/wncen.com\/news\/bitcoin-price-vulnerable-below-7k\/#article","isPartOf":{"@id":"https:\/\/wncen.com\/news\/bitcoin-price-vulnerable-below-7k\/"},"author":{"name":"Aayush Jindal","@id":"https:\/\/wncen.com\/#\/schema\/person\/1f8631be4d0868de3fd2f21f17d9ae70"},"headline":"Bitcoin Bears Rejected $7,300, Price Vulnerable Below $7K","datePublished":"2020-01-02T05:28:18+00:00","dateModified":"2024-06-11T12:56:38+00:00","mainEntityOfPage":{"@id":"https:\/\/wncen.com\/news\/bitcoin-price-vulnerable-below-7k\/"},"wordCount":414,"commentCount":0,"publisher":{"@id":"https:\/\/wncen.com\/#organization"},"image":{"@id":"https:\/\/wncen.com\/news\/bitcoin-price-vulnerable-below-7k\/#primaryimage"},"thumbnailUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/01\/shutterstock_1531926935.jpg?fit=1000%2C650","keywords":["bitcoin","btc","btcusd"],"articleSection":["Cryptocurrency Market News"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/wncen.com\/news\/bitcoin-price-vulnerable-below-7k\/#respond"]}],"copyrightYear":"2020","copyrightHolder":{"@id":"https:\/\/wncen.com\/#organization"}},{"@type":"WebPage","@id":"https:\/\/wncen.com\/news\/bitcoin-price-vulnerable-below-7k\/","url":"https:\/\/wncen.com\/news\/bitcoin-price-vulnerable-below-7k\/","name":"Bitcoin Bears Rejected $7,300, Price Vulnerable Below $7K","isPartOf":{"@id":"https:\/\/wncen.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/wncen.com\/news\/bitcoin-price-vulnerable-below-7k\/#primaryimage"},"image":{"@id":"https:\/\/wncen.com\/news\/bitcoin-price-vulnerable-below-7k\/#primaryimage"},"thumbnailUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/01\/shutterstock_1531926935.jpg?fit=1000%2C650","datePublished":"2020-01-02T05:28:18+00:00","dateModified":"2024-06-11T12:56:38+00:00","description":"Bitcoin price is showing a few bearish signs below $7,300 and $7,260 against the US Dollar. BTC could decline heavily if there is a clear break below $7,000.","breadcrumb":{"@id":"https:\/\/wncen.com\/news\/bitcoin-price-vulnerable-below-7k\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/wncen.com\/news\/bitcoin-price-vulnerable-below-7k\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/wncen.com\/news\/bitcoin-price-vulnerable-below-7k\/#primaryimage","url":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/01\/shutterstock_1531926935.jpg?fit=1000%2C650","contentUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/01\/shutterstock_1531926935.jpg?fit=1000%2C650","width":1000,"height":650,"caption":"Bitcoin Price BTC Vulnerable"},{"@type":"BreadcrumbList","@id":"https:\/\/wncen.com\/news\/bitcoin-price-vulnerable-below-7k\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/wncen.com\/"},{"@type":"ListItem","position":2,"name":"Bitcoin Bears Rejected $7,300, Price Vulnerable Below $7K"}]},{"@type":"WebSite","@id":"https:\/\/wncen.com\/#website","url":"https:\/\/wncen.com\/","name":"NewsBTC","description":"Bitcoin &amp; Cryptocurrency News Today","publisher":{"@id":"https:\/\/wncen.com\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/wncen.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/wncen.com\/#organization","name":"NewsBTC","url":"https:\/\/wncen.com\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/wncen.com\/#\/schema\/logo\/image\/","url":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46","contentUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46","width":157,"height":46,"caption":"NewsBTC"},"image":{"@id":"https:\/\/wncen.com\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/newsbtc","https:\/\/x.com\/newsbtc","https:\/\/www.youtube.com\/channel\/UC9v9erBEru5y4c3FA0wehEw"]},{"@type":"Person","@id":"https:\/\/wncen.com\/#\/schema\/person\/1f8631be4d0868de3fd2f21f17d9ae70","name":"Aayush Jindal","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/wncen.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:\/\/wncen.com\/author\/aayushjindal\/"}]}},"parsely":{"version":"1.1.0","meta":{"@context":"https:\/\/schema.org","@type":"NewsArticle","headline":"Bitcoin Bears Rejected $7,300, Price Vulnerable Below $7K","url":"http:\/\/wncen.com\/news\/bitcoin-price-vulnerable-below-7k\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/wncen.com\/news\/bitcoin-price-vulnerable-below-7k\/"},"thumbnailUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/01\/shutterstock_1531926935.jpg?resize=200%2C200","image":{"@type":"ImageObject","url":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/01\/shutterstock_1531926935.jpg?fit=1000%2C650"},"articleSection":"Cryptocurrency Market News","author":[{"@type":"Person","name":"Aayush Jindal"}],"creator":["Aayush Jindal"],"publisher":{"@type":"Organization","name":"NewsBTC","logo":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/cropped-cropped-cropped-favicon.png?w=32"},"keywords":["bitcoin","btc","btcusd"],"dateCreated":"2020-01-02T05:28:18Z","datePublished":"2020-01-02T05:28:18Z","dateModified":"2024-06-11T12:56:38Z"},"rendered":"<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"NewsArticle\",\"headline\":\"Bitcoin Bears Rejected $7,300, Price Vulnerable Below $7K\",\"url\":\"http:\\\/\\\/wncen.com\\\/news\\\/bitcoin-price-vulnerable-below-7k\\\/\",\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/wncen.com\\\/news\\\/bitcoin-price-vulnerable-below-7k\\\/\"},\"thumbnailUrl\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2020\\\/01\\\/shutterstock_1531926935.jpg?resize=200%2C200\",\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2020\\\/01\\\/shutterstock_1531926935.jpg?fit=1000%2C650\"},\"articleSection\":\"Cryptocurrency Market News\",\"author\":[{\"@type\":\"Person\",\"name\":\"Aayush Jindal\"}],\"creator\":[\"Aayush Jindal\"],\"publisher\":{\"@type\":\"Organization\",\"name\":\"NewsBTC\",\"logo\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2020\\\/06\\\/cropped-cropped-cropped-favicon.png?w=32\"},\"keywords\":[\"bitcoin\",\"btc\",\"btcusd\"],\"dateCreated\":\"2020-01-02T05:28:18Z\",\"datePublished\":\"2020-01-02T05:28:18Z\",\"dateModified\":\"2024-06-11T12:56:38Z\"}<\/script>","tracker_url":"https:\/\/cdn.parsely.com\/keys\/wncen.com\/p.js"},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/01\/shutterstock_1531926935.jpg?fit=1000%2C650","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts\/409451","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/users\/67"}],"replies":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/comments?post=409451"}],"version-history":[{"count":0,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts\/409451\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/media\/409453"}],"wp:attachment":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/media?parent=409451"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/categories?post=409451"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/tags?post=409451"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}