{"id":14001,"date":"2021-11-22T16:46:28","date_gmt":"2021-11-22T15:46:28","guid":{"rendered":"https:\/\/coinscreed.com\/staging\/?p=14001"},"modified":"2021-11-22T16:46:49","modified_gmt":"2021-11-22T15:46:49","slug":"btc-remains-volatile-as-it-surges-2-9k-just-15-mins","status":"publish","type":"post","link":"https:\/\/coinscreed.com\/staging\/btc-remains-volatile-as-it-surges-2-9k-just-15-mins\/","title":{"rendered":"BTC Remains Volatile as it Surges $2.9K just 15 minutes before Wall Street opens"},"content":{"rendered":"\n
On Nov. 22, Bitcoin (BTC<\/a>) held true to form, with a rapid jump one hour before the Wall Street opening bell<\/h5>\n\n\n\n
\"BTC
BTC Remains Volatile as it Surges $2.9K just 15 minutes before Wall Street opens<\/figcaption><\/figure>\n\n\n\n

Bitcoin, which is shaky, is hovering around $60,000 <\/h2>\n\n\n\n

BTC\/USD surged about $3,000 in minutes after hitting multi-day lows of $56,640 on Nov. 22, according to data from Cointelegraph Markets Pro\r\n \r\n \r\n \r\n <\/g>\r\n \r\n \r\n \r\n <\/clipPath>\r\n <\/defs><\/svg><\/span><\/a> and TradingView<\/use><\/svg><\/span><\/a><\/p>\n\n\n\n

#Bitcoin<\/use><\/svg><\/span><\/a> just pumped $2500 in like 5 minutes\u2014 Benjamin Cowen (@intocryptoverse) November 22, 2021<\/use><\/svg><\/span><\/a><\/p><\/blockquote>\n\n\n\n

After temporarily breaking the $60,000 barrier, the pair experienced significant rejection, which is now clearly acting as resistance and a vital level to break in order to continue the bull run.<\/p>\n\n\n\n

As reported by Cointelegraph, sentiments continue to favor a return to full-fledged<\/use><\/svg><\/span><\/a> increases for Bitcoin, despite the looming threat of missing the anticipated “worst-case scenario” monthly closure by a significant margin.<\/p>\n\n\n\n

“Extended consolidation\u2026 or deep corrections are the two most effective ways for BTC to extend the amount of time it spends in a Bull Run,” Rekt Capital stated on the day<\/use><\/svg><\/span><\/a>.<\/p>\n\n\n\n

Meanwhile, Cointelegraph blogger Michaal van de Poppe claimed that continuing Bitcoin's consolidation throughout the remainder of 2021 would be beneficial.<\/p>\n\n\n\n

Would be beautiful to have\u00a0#Bitcoin<\/use><\/svg><\/span><\/a>\u00a0consolidating\/going sideways for coming weeks.

Next big run in Q1 2022 together with a massive\u00a0#Altseason<\/use><\/svg><\/span><\/a>.\u2014 Micha\u00ebl van de Poppe (@CryptoMichNL)\u00a0November 22, 2021<\/use><\/svg><\/span><\/a><\/p><\/blockquote>\n\n\n\n

“Right now, Bitcoin's price has demonstrated a rejection of the exact same level as the red zone couldn't break upwards in recent price moves. This red zone represents the $60,000 barrier to breaking through “As part of his most recent newsletter, he included<\/use><\/svg><\/span><\/a> a chart.<\/p>\n\n\n\n

“Right now, Bitcoin\u2019s price action is rejecting heavily from that region, resulting in a breakdown of the price towards the support levels, once again. In that way, as long as Bitcoin stays beneath $60,000, there\u2019s no reason to become bullish.”<\/p><\/blockquote>\n\n\n\n

At the time of writing, Bitcoin circled $59,000 with volatile behavior persisting after the run-up.<\/p>\n","protected":false},"excerpt":{"rendered":"

On Nov. 22, Bitcoin (BTC) held true to form, with a rapid jump one hour before the Wall Street opening bell Bitcoin, which is shaky, is hovering around $60,000 BTC\/USD surged about $3,000 in minutes after hitting multi-day lows of $56,640 on Nov. 22, according to data from Cointelegraph Markets Pro and TradingView #Bitcoin just pumped […]<\/p>\n","protected":false},"author":29,"featured_media":13321,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[25],"tags":[5480],"class_list":["post-14001","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-market-analysis","tag-btc-market-analysis"],"jetpack_featured_media_url":"https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2021\/11\/On-November-6-Bitcoin-was-down-0.77-percent-to-Rs-48-lakh.-2.jpg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/14001","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/users\/29"}],"replies":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/comments?post=14001"}],"version-history":[{"count":0,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/14001\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media\/13321"}],"wp:attachment":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media?parent=14001"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/categories?post=14001"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/tags?post=14001"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}