{"id":414296,"date":"2020-02-12T00:00:29","date_gmt":"2020-02-12T00:00:29","guid":{"rendered":"https:\/\/wncen.com\/?p=414296"},"modified":"2024-06-11T13:41:49","modified_gmt":"2024-06-11T13:41:49","slug":"analyst-predicted-6k-bitcoin-bottom-price-hit-11k-pullback","status":"publish","type":"post","link":"https:\/\/wncen.com\/news\/analyst-predicted-6k-bitcoin-bottom-price-hit-11k-pullback\/","title":{"rendered":"Analyst Who Predicted $6.4k Bitcoin Bottom: Price Will Hit $11k Before Pullback"},"content":{"rendered":"<p>Over the past few days, <a href=\"https:\/\/wncen.com\/category\/crypto\/bitcoin\/\">Bitcoin<\/a> has been subject to heavy volatility.<\/p>\n<p>After surmounting $10,000 on the weekend, the cryptocurrency plunged by 4% earlier this week, falling from $10,200 to $9,700 in a matter of minutes. After settling around $9,750, the price of <a href=\"https:\/\/wncen.com\/2020\/02\/11\/bitcoin-price-just-surged-4-in-minutes-really-because-of-bitfinex-maintenance\/\">Bitcoin jumped by 4% today, rallying as Bitfinex<\/a> began enacting a scheduled maintenance of their exchange.<\/p>\n<p>While some have said that this price action is a <a href=\"https:\/\/wncen.com\/2020\/02\/11\/why-crazy-profitable-bitcoin-whale-warning-brutal-crash\/\">precursor to a larger drawdown<\/a> that will take prices to the low-$9,000s, maybe lower, a leading analyst is convinced BTC will trade as high as $11,500 in the coming weeks.<\/p>\n<h6 style=\"text-align: center\">Related Reading: <a href=\"https:\/\/wncen.com\/2020\/02\/11\/indicator-preceded-ripple-xrp-1000-rally-2018-just-flashed\/\">Indicator That Preceded 1,000% Rally in Ripple\u2019s XRP Just Flashed Again<\/a><\/h6>\n<h2><strong>Bitcoin Still on Track to Hit $11,000s, Top Analyst Says<\/strong><\/h2>\n<p>In the middle of 2019, when investors were calling for Bitcoin to slingshot to $20,000, trader Dave the Wave was calling for rationality in the crypto markets. Case in point: he said the price of BTC would retrace to the mid-$6,000s, claiming the asset was then overextended on a long-term basis.<\/p>\n<p>While many initially laughed off this comment, Dave was proven right when in December, Bitcoin reached the mid-$6,000s, finding a bottom in this region.<\/p>\n<p>The analyst is <a href=\"https:\/\/twitter.com\/davthewave\/status\/64051968\" rel=\"nofollow\">now calling<\/a> for Bitcoin to rally to $11,000 to $11,500 \u2014 7.7% and 12.7% higher than the current price, respectively \u2014 citing the fact that the cryptocurrency is currently trading in a &#8220;mini-mini parabola&#8221; that is a &#8220;fractal of a fractal.&#8221; He expects the cryptocurrency to reach the aforementioned target before seeing a deeper pullback.<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">Reversal back up again. The big IF of the above chart didn&#39;t eventuate. How high can it go? Looking at the second to last chart above &#8211; 11K range before the &#39;50%&#39; consolidation [in real terms].<\/p>\n<p>Minor view &#8211; break out here and now of the triangle formed, the dominant pattern. <a href=\"https:\/\/t.co\/28wSdV1NkL\" rel=\"nofollow\">pic.twitter.com\/28wSdV1NkL<\/a><\/p>\n<p>&mdash; dave the wave\ud83c\udf0a\ud83c\udf13 (@davthewave) <a href=\"https:\/\/twitter.com\/davthewave\/status\/38957057?ref_src=twsrc%5Etfw\" rel=\"nofollow\">February 11, 2020<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<h2><strong>Not Alone in Crypto Optimism<\/strong><\/h2>\n<p>Dave the Wave&#8217;s call for Bitcoin to enter the $11,000s has been echoed by a number of other prominent analysts.<\/p>\n<p>Per\u00a0<a href=\"https:\/\/wncen.com\/2020\/01\/29\/analyst-who-predicted-bitcoin-surge-9000-really-bullish\/\" data-wpel-link=\"internal\">previous reports from NewsBTC<\/a>, leading Bitcoin analyst\u00a0<a href=\"https:\/\/twitter.com\/Sawcruhteez\" target=\"_blank\" data-wpel-link=\"exclude\" rel=\"follow noopener noreferrer nofollow\">Financial Survivalism<\/a>\u00a0(also known as Sawcruhteez) noted on January 28th that BTC has formed a medium-term cup and handle reversal pattern.<\/p>\n<p>The cup and handle is an often-bullish chart pattern that sees an asset form two rounded trends, forming the cup and its respective handle. This specific cup and handle has a targeted move of around $11,675.<\/p>\n<p class=\"svecc-content-banner-added\">Also, prominent cryptocurrency trader Filb Filb, whose track record can be epitomized by the above chart he published in October 2019 (a hint: Bitcoin followed the path of the chart almost exactly), wrote the following in a recent\u00a0<a href=\"https:\/\/decentrader.com\/\" target=\"_blank\" data-wpel-link=\"external\" rel=\"nofollow noopener noreferrer\">newsletter<\/a>:<\/p>\n<blockquote><p>\u201cOverall, Bitcoin is exactly where [I] anticipated; slowly grinding up towards previous resistance\u2026 I\u2019m very much of the opinion that Bitcoin will reach to at least $12,500 level before the halving.\u201d<\/p><\/blockquote>\n<p>As to why $12,500 makes sense, he\u00a0<a href=\"https:\/\/wncen.com\/2020\/01\/24\/analyst-who-called-bitcoin-crash-6000-says-this-next\/\" data-wpel-link=\"internal\">noted<\/a>\u00a0that that is the \u201ctop target\u201d for a bullish inverse head and shoulders chart that is forming on a medium-term basis for Bitcoin.<\/p>\n<p>Filb Filb has also claimed that <a href=\"https:\/\/wncen.com\/2020\/02\/09\/this-simple-analysis-says-bitcoin-will-jump-15-to-11500-in-coming-weeks\/\">Bitcoin is likely to &#8220;make its way to $11,500 quickly,&#8221;<\/a> citing the asset&#8217;s recent close above $9,500.<\/p>\n<pre>Featured Image from Shutterstock<\/pre>\n","protected":false},"excerpt":{"rendered":"<p>Over the past few days, Bitcoin has been subject to heavy volatility. After surmounting $10,000 on the weekend, the cryptocurrency plunged by 4% earlier this week, falling from $10,200 to $9,700 in a matter of minutes. After settling around $9,750, the price of Bitcoin jumped by 4% today, rallying as Bitfinex began enacting a scheduled maintenance of their exchange. While some have said that this price action is a precursor to a larger drawdown that will take prices to the low-$9,000s, maybe lower, a leading analyst is convinced BTC will trade as high as $11,500 in the coming weeks. Related Reading: Indicator That Preceded 1,000% Rally in Ripple\u2019s XRP Just Flashed Again Bitcoin Still on Track to Hit $11,000s, Top Analyst Says In the middle of 2019, when investors were calling for Bitcoin to slingshot to $20,000, trader Dave the Wave was calling for rationality in the crypto markets. Case in point: he said the price of BTC would retrace to the mid-$6,000s, claiming the asset was then overextended on a long-term basis. While many initially laughed off this comment, Dave was proven right when in December, Bitcoin reached the mid-$6,000s, finding a bottom in this region. The analyst is now calling for Bitcoin to rally to $11,000 to $11,500 \u2014 7.7% and 12.7% higher than the current price, respectively \u2014 citing the fact that the cryptocurrency is currently trading in a &#8220;mini-mini parabola&#8221; that is a &#8220;fractal of a fractal.&#8221; He expects the cryptocurrency to reach the aforementioned target before seeing a deeper pullback. Reversal back up again. The big IF of the above chart didn&#39;t eventuate. How high can it go? Looking at the second to last chart above &#8211; 11K range before the &#39;50%&#39; consolidation [in real terms]. Minor view &#8211; break out here and now of the triangle formed, the dominant pattern. pic.twitter.com\/28wSdV1NkL &mdash; dave the wave\ud83c\udf0a\ud83c\udf13 (@davthewave) February 11, 2020 Not Alone in Crypto Optimism Dave the Wave&#8217;s call for Bitcoin to enter the $11,000s has been echoed by a number of other prominent analysts. Per\u00a0previous reports from NewsBTC, leading Bitcoin analyst\u00a0Financial Survivalism\u00a0(also known as Sawcruhteez) noted on January 28th that BTC has formed a medium-term cup and handle reversal pattern. The cup and handle is an often-bullish chart pattern that sees an asset form two rounded trends, forming the cup and its respective handle. This specific cup and handle has a targeted move of around $11,675. Also, prominent cryptocurrency trader Filb Filb, whose track record can be epitomized by the above chart he published in October 2019 (a hint: Bitcoin followed the path of the chart almost exactly), wrote the following in a recent\u00a0newsletter: \u201cOverall, Bitcoin is exactly where [I] anticipated; slowly grinding up towards previous resistance\u2026 I\u2019m very much of the opinion that Bitcoin will reach to at least $12,500 level before the halving.\u201d As to why $12,500 makes sense, he\u00a0noted\u00a0that that is the \u201ctop target\u201d for a bullish inverse head and shoulders chart that is forming on a medium-term basis for Bitcoin. Filb Filb has also claimed that Bitcoin is likely to &#8220;make its way to $11,500 quickly,&#8221; citing the asset&#8217;s recent close above $9,500. Featured Image from Shutterstock<\/p>\n","protected":false},"author":497,"featured_media":414298,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[5651,3,4],"tags":[166,428,24132,42671],"class_list":["post-414296","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bitcoin","category-news","category-analysis","tag-analysis-2","tag-bitcoin","tag-dave-the-wave","tag-parabola"],"acf":[],"yoast_head":"\n<title>Analyst Who Predicted $6.4k Bitcoin Bottom: Price Will Hit $11k Before Pullback<\/title>\n<meta name=\"description\" content=\"Over the past few days, Bitcoin has been subject to heavy volatility. After surmounting $10,000 on the weekend, the cryptocurrency plunged by 4% earlier\" \/>\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\/analyst-predicted-6k-bitcoin-bottom-price-hit-11k-pullback\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Analyst Who Predicted $6.4k Bitcoin Bottom: Price Will Hit $11k Before Pullback\" \/>\n<meta property=\"og:description\" content=\"Over the past few days, Bitcoin has been subject to heavy volatility. After surmounting $10,000 on the weekend, the cryptocurrency plunged by 4% earlier\" \/>\n<meta property=\"og:url\" content=\"https:\/\/wncen.com\/news\/analyst-predicted-6k-bitcoin-bottom-price-hit-11k-pullback\/\" \/>\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=\"2020-02-12T00:00:29+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-06-11T13:41:49+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/wncen.com\/wp-content\/uploads\/2020\/02\/shutterstock_1472274827-scaled.jpg?fit=2560%2C1707\" \/>\n\t<meta property=\"og:image:width\" content=\"2560\" \/>\n\t<meta property=\"og:image:height\" content=\"1707\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Nick Chong\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@newsbtc\" \/>\n<meta name=\"twitter:site\" content=\"@newsbtc\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Nick Chong\" \/>\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\/analyst-predicted-6k-bitcoin-bottom-price-hit-11k-pullback\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/wncen.com\/news\/analyst-predicted-6k-bitcoin-bottom-price-hit-11k-pullback\/\"},\"author\":{\"name\":\"Nick Chong\",\"@id\":\"https:\/\/wncen.com\/#\/schema\/person\/4c1114650d72d49c455452d2ce5c981a\"},\"headline\":\"Analyst Who Predicted $6.4k Bitcoin Bottom: Price Will Hit $11k Before Pullback\",\"datePublished\":\"2020-02-12T00:00:29+00:00\",\"dateModified\":\"2024-06-11T13:41:49+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/wncen.com\/news\/analyst-predicted-6k-bitcoin-bottom-price-hit-11k-pullback\/\"},\"wordCount\":471,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/wncen.com\/#organization\"},\"image\":{\"@id\":\"https:\/\/wncen.com\/news\/analyst-predicted-6k-bitcoin-bottom-price-hit-11k-pullback\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/wncen.com\/wp-content\/uploads\/2020\/02\/shutterstock_1472274827-scaled.jpg?fit=2560%2C1707\",\"keywords\":[\"analysis\",\"bitcoin\",\"Dave the Wave\",\"parabola\"],\"articleSection\":[\"Bitcoin\",\"Cryptocurrency Market News\",\"Technical analysis\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/wncen.com\/news\/analyst-predicted-6k-bitcoin-bottom-price-hit-11k-pullback\/#respond\"]}],\"copyrightYear\":\"2020\",\"copyrightHolder\":{\"@id\":\"https:\/\/wncen.com\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/wncen.com\/news\/analyst-predicted-6k-bitcoin-bottom-price-hit-11k-pullback\/\",\"url\":\"https:\/\/wncen.com\/news\/analyst-predicted-6k-bitcoin-bottom-price-hit-11k-pullback\/\",\"name\":\"Analyst Who Predicted $6.4k Bitcoin Bottom: Price Will Hit $11k Before Pullback\",\"isPartOf\":{\"@id\":\"https:\/\/wncen.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/wncen.com\/news\/analyst-predicted-6k-bitcoin-bottom-price-hit-11k-pullback\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/wncen.com\/news\/analyst-predicted-6k-bitcoin-bottom-price-hit-11k-pullback\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/wncen.com\/wp-content\/uploads\/2020\/02\/shutterstock_1472274827-scaled.jpg?fit=2560%2C1707\",\"datePublished\":\"2020-02-12T00:00:29+00:00\",\"dateModified\":\"2024-06-11T13:41:49+00:00\",\"description\":\"Over the past few days, Bitcoin has been subject to heavy volatility. After surmounting $10,000 on the weekend, the cryptocurrency plunged by 4% earlier\",\"breadcrumb\":{\"@id\":\"https:\/\/wncen.com\/news\/analyst-predicted-6k-bitcoin-bottom-price-hit-11k-pullback\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/wncen.com\/news\/analyst-predicted-6k-bitcoin-bottom-price-hit-11k-pullback\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/wncen.com\/news\/analyst-predicted-6k-bitcoin-bottom-price-hit-11k-pullback\/#primaryimage\",\"url\":\"https:\/\/wncen.com\/wp-content\/uploads\/2020\/02\/shutterstock_1472274827-scaled.jpg?fit=2560%2C1707\",\"contentUrl\":\"https:\/\/wncen.com\/wp-content\/uploads\/2020\/02\/shutterstock_1472274827-scaled.jpg?fit=2560%2C1707\",\"width\":2560,\"height\":1707},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/wncen.com\/news\/analyst-predicted-6k-bitcoin-bottom-price-hit-11k-pullback\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/wncen.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Analyst Who Predicted $6.4k Bitcoin Bottom: Price Will Hit $11k Before Pullback\"}]},{\"@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\/4c1114650d72d49c455452d2ce5c981a\",\"name\":\"Nick Chong\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/wncen.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/ac04c2aa55e08322676adb0b006baa07?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/ac04c2aa55e08322676adb0b006baa07?s=96&d=mm&r=g\",\"caption\":\"Nick Chong\"},\"description\":\"I am a writer who has been following Bitcoin for years now. My insights and interviews have been featured in leading publications in the industry such as LongHash and Decrypt. I own a small amount of Bitcoin.\",\"url\":\"https:\/\/wncen.com\/author\/nickchong\/\"}]}<\/script>\n","yoast_head_json":{"title":"Analyst Who Predicted $6.4k Bitcoin Bottom: Price Will Hit $11k Before Pullback","description":"Over the past few days, Bitcoin has been subject to heavy volatility. After surmounting $10,000 on the weekend, the cryptocurrency plunged by 4% earlier","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\/analyst-predicted-6k-bitcoin-bottom-price-hit-11k-pullback\/","og_locale":"en_US","og_type":"article","og_title":"Analyst Who Predicted $6.4k Bitcoin Bottom: Price Will Hit $11k Before Pullback","og_description":"Over the past few days, Bitcoin has been subject to heavy volatility. After surmounting $10,000 on the weekend, the cryptocurrency plunged by 4% earlier","og_url":"https:\/\/wncen.com\/news\/analyst-predicted-6k-bitcoin-bottom-price-hit-11k-pullback\/","og_site_name":"NewsBTC","article_publisher":"https:\/\/www.facebook.com\/newsbtc","article_published_time":"2020-02-12T00:00:29+00:00","article_modified_time":"2024-06-11T13:41:49+00:00","og_image":[{"width":2560,"height":1707,"url":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/02\/shutterstock_1472274827-scaled.jpg?fit=2560%2C1707","type":"image\/jpeg"}],"author":"Nick Chong","twitter_card":"summary_large_image","twitter_creator":"@newsbtc","twitter_site":"@newsbtc","twitter_misc":{"Written by":"Nick Chong","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"NewsArticle","@id":"https:\/\/wncen.com\/news\/analyst-predicted-6k-bitcoin-bottom-price-hit-11k-pullback\/#article","isPartOf":{"@id":"https:\/\/wncen.com\/news\/analyst-predicted-6k-bitcoin-bottom-price-hit-11k-pullback\/"},"author":{"name":"Nick Chong","@id":"https:\/\/wncen.com\/#\/schema\/person\/4c1114650d72d49c455452d2ce5c981a"},"headline":"Analyst Who Predicted $6.4k Bitcoin Bottom: Price Will Hit $11k Before Pullback","datePublished":"2020-02-12T00:00:29+00:00","dateModified":"2024-06-11T13:41:49+00:00","mainEntityOfPage":{"@id":"https:\/\/wncen.com\/news\/analyst-predicted-6k-bitcoin-bottom-price-hit-11k-pullback\/"},"wordCount":471,"commentCount":0,"publisher":{"@id":"https:\/\/wncen.com\/#organization"},"image":{"@id":"https:\/\/wncen.com\/news\/analyst-predicted-6k-bitcoin-bottom-price-hit-11k-pullback\/#primaryimage"},"thumbnailUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/02\/shutterstock_1472274827-scaled.jpg?fit=2560%2C1707","keywords":["analysis","bitcoin","Dave the Wave","parabola"],"articleSection":["Bitcoin","Cryptocurrency Market News","Technical analysis"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/wncen.com\/news\/analyst-predicted-6k-bitcoin-bottom-price-hit-11k-pullback\/#respond"]}],"copyrightYear":"2020","copyrightHolder":{"@id":"https:\/\/wncen.com\/#organization"}},{"@type":"WebPage","@id":"https:\/\/wncen.com\/news\/analyst-predicted-6k-bitcoin-bottom-price-hit-11k-pullback\/","url":"https:\/\/wncen.com\/news\/analyst-predicted-6k-bitcoin-bottom-price-hit-11k-pullback\/","name":"Analyst Who Predicted $6.4k Bitcoin Bottom: Price Will Hit $11k Before Pullback","isPartOf":{"@id":"https:\/\/wncen.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/wncen.com\/news\/analyst-predicted-6k-bitcoin-bottom-price-hit-11k-pullback\/#primaryimage"},"image":{"@id":"https:\/\/wncen.com\/news\/analyst-predicted-6k-bitcoin-bottom-price-hit-11k-pullback\/#primaryimage"},"thumbnailUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/02\/shutterstock_1472274827-scaled.jpg?fit=2560%2C1707","datePublished":"2020-02-12T00:00:29+00:00","dateModified":"2024-06-11T13:41:49+00:00","description":"Over the past few days, Bitcoin has been subject to heavy volatility. After surmounting $10,000 on the weekend, the cryptocurrency plunged by 4% earlier","breadcrumb":{"@id":"https:\/\/wncen.com\/news\/analyst-predicted-6k-bitcoin-bottom-price-hit-11k-pullback\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/wncen.com\/news\/analyst-predicted-6k-bitcoin-bottom-price-hit-11k-pullback\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/wncen.com\/news\/analyst-predicted-6k-bitcoin-bottom-price-hit-11k-pullback\/#primaryimage","url":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/02\/shutterstock_1472274827-scaled.jpg?fit=2560%2C1707","contentUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/02\/shutterstock_1472274827-scaled.jpg?fit=2560%2C1707","width":2560,"height":1707},{"@type":"BreadcrumbList","@id":"https:\/\/wncen.com\/news\/analyst-predicted-6k-bitcoin-bottom-price-hit-11k-pullback\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/wncen.com\/"},{"@type":"ListItem","position":2,"name":"Analyst Who Predicted $6.4k Bitcoin Bottom: Price Will Hit $11k Before Pullback"}]},{"@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\/4c1114650d72d49c455452d2ce5c981a","name":"Nick Chong","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/wncen.com\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/ac04c2aa55e08322676adb0b006baa07?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/ac04c2aa55e08322676adb0b006baa07?s=96&d=mm&r=g","caption":"Nick Chong"},"description":"I am a writer who has been following Bitcoin for years now. My insights and interviews have been featured in leading publications in the industry such as LongHash and Decrypt. I own a small amount of Bitcoin.","url":"https:\/\/wncen.com\/author\/nickchong\/"}]}},"parsely":{"version":"1.1.0","meta":{"@context":"https:\/\/schema.org","@type":"NewsArticle","headline":"Analyst Who Predicted $6.4k Bitcoin Bottom: Price Will Hit $11k Before Pullback","url":"http:\/\/wncen.com\/news\/analyst-predicted-6k-bitcoin-bottom-price-hit-11k-pullback\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/wncen.com\/news\/analyst-predicted-6k-bitcoin-bottom-price-hit-11k-pullback\/"},"thumbnailUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/02\/shutterstock_1472274827-scaled.jpg?resize=200%2C200","image":{"@type":"ImageObject","url":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/02\/shutterstock_1472274827-scaled.jpg?fit=2560%2C1707"},"articleSection":"Bitcoin","author":[{"@type":"Person","name":"Nick Chong"}],"creator":["Nick Chong"],"publisher":{"@type":"Organization","name":"NewsBTC","logo":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/cropped-cropped-cropped-favicon.png?w=32"},"keywords":["analysis","bitcoin","dave the wave","parabola"],"dateCreated":"2020-02-12T00:00:29Z","datePublished":"2020-02-12T00:00:29Z","dateModified":"2024-06-11T13:41:49Z"},"rendered":"<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"NewsArticle\",\"headline\":\"Analyst Who Predicted $6.4k Bitcoin Bottom: Price Will Hit $11k Before Pullback\",\"url\":\"http:\\\/\\\/wncen.com\\\/news\\\/analyst-predicted-6k-bitcoin-bottom-price-hit-11k-pullback\\\/\",\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/wncen.com\\\/news\\\/analyst-predicted-6k-bitcoin-bottom-price-hit-11k-pullback\\\/\"},\"thumbnailUrl\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2020\\\/02\\\/shutterstock_1472274827-scaled.jpg?resize=200%2C200\",\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2020\\\/02\\\/shutterstock_1472274827-scaled.jpg?fit=2560%2C1707\"},\"articleSection\":\"Bitcoin\",\"author\":[{\"@type\":\"Person\",\"name\":\"Nick Chong\"}],\"creator\":[\"Nick Chong\"],\"publisher\":{\"@type\":\"Organization\",\"name\":\"NewsBTC\",\"logo\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2020\\\/06\\\/cropped-cropped-cropped-favicon.png?w=32\"},\"keywords\":[\"analysis\",\"bitcoin\",\"dave the wave\",\"parabola\"],\"dateCreated\":\"2020-02-12T00:00:29Z\",\"datePublished\":\"2020-02-12T00:00:29Z\",\"dateModified\":\"2024-06-11T13:41:49Z\"}<\/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\/02\/shutterstock_1472274827-scaled.jpg?fit=2560%2C1707","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts\/414296","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\/497"}],"replies":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/comments?post=414296"}],"version-history":[{"count":0,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts\/414296\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/media\/414298"}],"wp:attachment":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/media?parent=414296"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/categories?post=414296"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/tags?post=414296"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}