{"id":396653,"date":"2019-09-20T12:00:13","date_gmt":"2019-09-20T12:00:13","guid":{"rendered":"https:\/\/uniquehot.com\/?p=396653"},"modified":"2024-06-11T13:25:37","modified_gmt":"2024-06-11T13:25:37","slug":"bitcoin-price-unlikely-to-fall-under-9200-heres-why","status":"publish","type":"post","link":"https:\/\/uniquehot.com\/news\/bitcoin-price-unlikely-to-fall-under-9200-heres-why\/","title":{"rendered":"Bitcoin Price Unlikely to Fall Under $9,200; Here&#8217;s Why"},"content":{"rendered":"<p>Bitcoin has, to put it lightly, seen a helluva past 48 hours. On Wednesday night\/Thursday morning, the <a href=\"https:\/\/uniquehot.com\/2019\/09\/19\/bitcoin-plunges-450-in-minutes-loses-10000-support-again\/\">BTC price plunged<\/a> by nearly $600 out of nowhere, dropping the cryptocurrency to $9,600 from $10,150.<\/p>\n<h6 style=\"text-align: center\">Related Reaidng: <a href=\"https:\/\/uniquehot.com\/2019\/08\/22\/bitcoin-analyst-altcoin-carnage-may-end-why\/\">Prominent Bitcoin Analyst Says Altcoin Carnage May Soon End: Here\u2019s Why<\/a><\/h6>\n<p>Many traders immediately saw this as a sign that BTC was going to collapse lower, as it would have then resolved to the downside of a long-term descending triangle that has haunted bulls for months.<\/p>\n<p>But, just as fast as Bitcoin plummeted, it rocketed back up. On Thursday, the cryptocurrency surged back through the key $10,000 support <a href=\"https:\/\/uniquehot.com\/2019\/09\/20\/bitcoin-price-btc-rallies-sharply-but-facing-significant-hurdle\/\">all the way to $10,300,<\/a> managing to regain all the losses that it incurred just hours prior.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter\" src=\"https:\/\/www.tradingview.com\/x\/O7R56Wmb\/\" width=\"1001\" height=\"603\"><\/p>\n<p>This confusing price action has left many traders stumped, wondering exactly what this odd bout of volatility implies for Bitcoin holders. According to a popular analyst, Bitcoin is decidedly in a bull trend, and shouldn&#8217;t fall much further should bears manage to take over.<\/p>\n<h2><strong>Bitcoin Price Still in Strong Spot<\/strong><\/h2>\n<p><a href=\"https:\/\/twitter.com\/CryptoKea\/status\/86206721\" rel=\"nofollow\">According to CryptoKea<\/a>, the worst-case scenario per his analysis of the<a href=\"https:\/\/uniquehot.com\/?s=Mayer+Multiple&amp;lang=en\"> Mayer Multiple (MM)<\/a> \u2014 defined by putting BTC&#8217;s current price over its 200-day moving average \u2014 the &#8220;worst-case scenario&#8221; would see Bitcoin fall to a maximum of $9,200 over the next few days, no lower.<\/p>\n<p>In an extensive Twitter thread that weighed on historical price action and trends, the analyst noted that he came to this conclusion by overlaying Bitcoin&#8217;s price action prior to the 2016 halving on the current chart, using MM readings to determine price ranges.<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">53\/ UPDATE: Based on <a href=\"https:\/\/t.co\/GMqRvPBltr\" rel=\"nofollow\">https:\/\/t.co\/GMqRvPBltr<\/a>, we have 226 days to go until the next halving (error in prior version: 144 days). So, how is BTC price in terms of Mayer Multiple (MM) doing compared to this time before halving 1 &amp; 2? <\/p>\n<p>Let\u00b4s have a closer look \ud83d\udc47<a href=\"https:\/\/twitter.com\/TraceMayer?ref_src=twsrc%5Etfw\" rel=\"nofollow\">@TraceMayer<\/a> <a href=\"https:\/\/t.co\/VxrMIO00fk\" rel=\"nofollow\">pic.twitter.com\/VxrMIO00fk<\/a><\/p>\n<p>&mdash; CryptoKea (@CryptoKea) <a href=\"https:\/\/twitter.com\/CryptoKea\/status\/93847809?ref_src=twsrc%5Etfw\" rel=\"nofollow\">September 19, 2019<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>His model shows that the &#8220;lows [could] be behind us in a few days&#8221;. Kea did admit that this wasn&#8217;t an explicit price prediction or target, but using historical analysis to determine Bitcoin&#8217;s trends has proven to be very useful in the past.<\/p>\n<p>Kea isn&#8217;t the only one pointing towards the importance of the low-$9,000s. Prominent trader Josh Rager recently noted that the $9,400 support is a level of key importance, as BTC managed to bounce off it on three separate occasions.<\/p>\n<p>The fact that Bitcoin didn&#8217;t sweep that low \u2014 or the one that Kea mentioned, for that matter \u2014 is a clear sign that bulls remain in control of the Bitcoin price, depends the critics asserting that the cryptocurrency is in somewhat of an &#8220;echo bubble&#8221;.<\/p>\n<p>https:\/\/twitter.com\/Josh_Rager\/status\/49055233<\/p>\n<p>Willy Woo, a partner for Adaptive Capital and a prominent on-chain metrics analyst for Bitcoin, has also remained bullish. In a <a href=\"https:\/\/www.youtube.com\/watch?v=XLT8ndebkV8\" rel=\"nofollow\">recent stream<\/a> published to the channel of trader Tone Vays, Woo explained that he is still seeing that Bitcoin is in an &#8220;expansion&#8221; phase \u2014 which is often seen in bull markets, he proposes \u2014 not an unwinding of the January to June rally as some cynics have suggested.<\/p>\n<div class=\"jeg_video_container jeg_video_content\"><\/iframe><\/div>\n<p>&nbsp;<\/p>\n<p>Woo went on to point out that the Realized Price \u2014 an indicator effectively giving insight into how much the market pay for each Bitcoin \u2014 is currently looking much like it did during the early stages of the previous bull market.<\/p>\n<p>History repeating would see a breakout to the upside in the coming months, one that could potentially bring BTC to trade on an order of magnitude about the 10,000s.<\/p>\n<h6 style=\"text-align: center\">Related Reading: <a href=\"https:\/\/uniquehot.com\/2019\/09\/19\/bitcoin-price-rocket-fuel-trump-lambasts-federal-reserve-after-rate-cut\/\">\u201cBitcoin Price Rocket Fuel\u201d: Trump Lambasts Federal Reserve After Rate Cut<\/a><\/h6>\n<pre>Featured Image from Shutterstock<\/pre>\n","protected":false},"excerpt":{"rendered":"<p>Bitcoin has, to put it lightly, seen a helluva past 48 hours. On Wednesday night\/Thursday morning, the BTC price plunged by nearly $600 out of nowhere, dropping the cryptocurrency to $9,600 from $10,150. Related Reaidng: Prominent Bitcoin Analyst Says Altcoin Carnage May Soon End: Here\u2019s Why Many traders immediately saw this as a sign that BTC was going to collapse lower, as it would have then resolved to the downside of a long-term descending triangle that has haunted bulls for months. But, just as fast as Bitcoin plummeted, it rocketed back up. On Thursday, the cryptocurrency surged back through the key $10,000 support all the way to $10,300, managing to regain all the losses that it incurred just hours prior. This confusing price action has left many traders stumped, wondering exactly what this odd bout of volatility implies for Bitcoin holders. According to a popular analyst, Bitcoin is decidedly in a bull trend, and shouldn&#8217;t fall much further should bears manage to take over. Bitcoin Price Still in Strong Spot According to CryptoKea, the worst-case scenario per his analysis of the Mayer Multiple (MM) \u2014 defined by putting BTC&#8217;s current price over its 200-day moving average \u2014 the &#8220;worst-case scenario&#8221; would see Bitcoin fall to a maximum of $9,200 over the next few days, no lower. In an extensive Twitter thread that weighed on historical price action and trends, the analyst noted that he came to this conclusion by overlaying Bitcoin&#8217;s price action prior to the 2016 halving on the current chart, using MM readings to determine price ranges. 53\/ UPDATE: Based on https:\/\/t.co\/GMqRvPBltr, we have 226 days to go until the next halving (error in prior version: 144 days). So, how is BTC price in terms of Mayer Multiple (MM) doing compared to this time before halving 1 &amp; 2? Let\u00b4s have a closer look \ud83d\udc47@TraceMayer pic.twitter.com\/VxrMIO00fk &mdash; CryptoKea (@CryptoKea) September 19, 2019 His model shows that the &#8220;lows [could] be behind us in a few days&#8221;. Kea did admit that this wasn&#8217;t an explicit price prediction or target, but using historical analysis to determine Bitcoin&#8217;s trends has proven to be very useful in the past. Kea isn&#8217;t the only one pointing towards the importance of the low-$9,000s. Prominent trader Josh Rager recently noted that the $9,400 support is a level of key importance, as BTC managed to bounce off it on three separate occasions. The fact that Bitcoin didn&#8217;t sweep that low \u2014 or the one that Kea mentioned, for that matter \u2014 is a clear sign that bulls remain in control of the Bitcoin price, depends the critics asserting that the cryptocurrency is in somewhat of an &#8220;echo bubble&#8221;. https:\/\/twitter.com\/Josh_Rager\/status\/49055233 Willy Woo, a partner for Adaptive Capital and a prominent on-chain metrics analyst for Bitcoin, has also remained bullish. In a recent stream published to the channel of trader Tone Vays, Woo explained that he is still seeing that Bitcoin is in an &#8220;expansion&#8221; phase \u2014 which is often seen in bull markets, he proposes \u2014 not an unwinding of the January to June rally as some cynics have suggested. &nbsp; Woo went on to point out that the Realized Price \u2014 an indicator effectively giving insight into how much the market pay for each Bitcoin \u2014 is currently looking much like it did during the early stages of the previous bull market. History repeating would see a breakout to the upside in the coming months, one that could potentially bring BTC to trade on an order of magnitude about the 10,000s. Related Reading: \u201cBitcoin Price Rocket Fuel\u201d: Trump Lambasts Federal Reserve After Rate Cut Featured Image from Shutterstock<\/p>\n","protected":false},"author":497,"featured_media":365693,"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":[428,2887,14602],"class_list":["post-396653","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-bitcoin","tag-market","tag-willy-woo"],"acf":[],"yoast_head":"\n<title>Bitcoin Price Unlikely to Fall Under $9,200; Here&#039;s Why<\/title>\n<meta name=\"description\" content=\"Bitcoin has, to put it lightly, seen a helluva past 48 hours. On Wednesday night\/Thursday morning, the BTC price plunged by nearly $600 out of nowhere,\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/uniquehot.com\/news\/bitcoin-price-unlikely-to-fall-under-9200-heres-why\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Bitcoin Price Unlikely to Fall Under $9,200; Here&#039;s Why\" \/>\n<meta property=\"og:description\" content=\"Bitcoin has, to put it lightly, seen a helluva past 48 hours. On Wednesday night\/Thursday morning, the BTC price plunged by nearly $600 out of nowhere,\" \/>\n<meta property=\"og:url\" content=\"https:\/\/uniquehot.com\/news\/bitcoin-price-unlikely-to-fall-under-9200-heres-why\/\" \/>\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=\"2019-09-20T12:00:13+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-06-11T13:25:37+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/uniquehot.com\/wp-content\/uploads\/2018\/12\/shutterstock_599600603-e36.jpg?fit=3000%2C2014\" \/>\n\t<meta property=\"og:image:width\" content=\"3000\" \/>\n\t<meta property=\"og:image:height\" content=\"2014\" \/>\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=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"NewsArticle\",\"@id\":\"https:\/\/uniquehot.com\/news\/bitcoin-price-unlikely-to-fall-under-9200-heres-why\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/uniquehot.com\/news\/bitcoin-price-unlikely-to-fall-under-9200-heres-why\/\"},\"author\":{\"name\":\"Nick Chong\",\"@id\":\"https:\/\/uniquehot.com\/#\/schema\/person\/4c1114650d72d49c455452d2ce5c981a\"},\"headline\":\"Bitcoin Price Unlikely to Fall Under $9,200; Here&#8217;s Why\",\"datePublished\":\"2019-09-20T12:00:13+00:00\",\"dateModified\":\"2024-06-11T13:25:37+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/uniquehot.com\/news\/bitcoin-price-unlikely-to-fall-under-9200-heres-why\/\"},\"wordCount\":563,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/uniquehot.com\/#organization\"},\"image\":{\"@id\":\"https:\/\/uniquehot.com\/news\/bitcoin-price-unlikely-to-fall-under-9200-heres-why\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/uniquehot.com\/wp-content\/uploads\/2018\/12\/shutterstock_599600603-e36.jpg?fit=3000%2C2014\",\"keywords\":[\"bitcoin\",\"market\",\"willy woo\"],\"articleSection\":[\"Cryptocurrency Market News\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/uniquehot.com\/news\/bitcoin-price-unlikely-to-fall-under-9200-heres-why\/#respond\"]}],\"copyrightYear\":\"2019\",\"copyrightHolder\":{\"@id\":\"https:\/\/uniquehot.com\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/uniquehot.com\/news\/bitcoin-price-unlikely-to-fall-under-9200-heres-why\/\",\"url\":\"https:\/\/uniquehot.com\/news\/bitcoin-price-unlikely-to-fall-under-9200-heres-why\/\",\"name\":\"Bitcoin Price Unlikely to Fall Under $9,200; Here's Why\",\"isPartOf\":{\"@id\":\"https:\/\/uniquehot.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/uniquehot.com\/news\/bitcoin-price-unlikely-to-fall-under-9200-heres-why\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/uniquehot.com\/news\/bitcoin-price-unlikely-to-fall-under-9200-heres-why\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/uniquehot.com\/wp-content\/uploads\/2018\/12\/shutterstock_599600603-e36.jpg?fit=3000%2C2014\",\"datePublished\":\"2019-09-20T12:00:13+00:00\",\"dateModified\":\"2024-06-11T13:25:37+00:00\",\"description\":\"Bitcoin has, to put it lightly, seen a helluva past 48 hours. On Wednesday night\/Thursday morning, the BTC price plunged by nearly $600 out of nowhere,\",\"breadcrumb\":{\"@id\":\"https:\/\/uniquehot.com\/news\/bitcoin-price-unlikely-to-fall-under-9200-heres-why\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/uniquehot.com\/news\/bitcoin-price-unlikely-to-fall-under-9200-heres-why\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/uniquehot.com\/news\/bitcoin-price-unlikely-to-fall-under-9200-heres-why\/#primaryimage\",\"url\":\"https:\/\/uniquehot.com\/wp-content\/uploads\/2018\/12\/shutterstock_599600603-e36.jpg?fit=3000%2C2014\",\"contentUrl\":\"https:\/\/uniquehot.com\/wp-content\/uploads\/2018\/12\/shutterstock_599600603-e36.jpg?fit=3000%2C2014\",\"width\":3000,\"height\":2014,\"caption\":\"bitcoin price\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/uniquehot.com\/news\/bitcoin-price-unlikely-to-fall-under-9200-heres-why\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/uniquehot.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Bitcoin Price Unlikely to Fall Under $9,200; Here&#8217;s Why\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/uniquehot.com\/#website\",\"url\":\"https:\/\/uniquehot.com\/\",\"name\":\"NewsBTC\",\"description\":\"Bitcoin &amp; Cryptocurrency News Today\",\"publisher\":{\"@id\":\"https:\/\/uniquehot.com\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/uniquehot.com\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/uniquehot.com\/#organization\",\"name\":\"NewsBTC\",\"url\":\"https:\/\/uniquehot.com\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/uniquehot.com\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/uniquehot.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46\",\"contentUrl\":\"https:\/\/uniquehot.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46\",\"width\":157,\"height\":46,\"caption\":\"NewsBTC\"},\"image\":{\"@id\":\"https:\/\/uniquehot.com\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/www.facebook.com\/newsbtc\",\"https:\/\/x.com\/newsbtc\",\"https:\/\/www.youtube.com\/channel\/UC9v9erBEru5y4c3FA0wehEw\"]},{\"@type\":\"Person\",\"@id\":\"https:\/\/uniquehot.com\/#\/schema\/person\/4c1114650d72d49c455452d2ce5c981a\",\"name\":\"Nick Chong\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/uniquehot.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:\/\/uniquehot.com\/author\/nickchong\/\"}]}<\/script>\n","yoast_head_json":{"title":"Bitcoin Price Unlikely to Fall Under $9,200; Here's Why","description":"Bitcoin has, to put it lightly, seen a helluva past 48 hours. On Wednesday night\/Thursday morning, the BTC price plunged by nearly $600 out of nowhere,","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:\/\/uniquehot.com\/news\/bitcoin-price-unlikely-to-fall-under-9200-heres-why\/","og_locale":"en_US","og_type":"article","og_title":"Bitcoin Price Unlikely to Fall Under $9,200; Here's Why","og_description":"Bitcoin has, to put it lightly, seen a helluva past 48 hours. On Wednesday night\/Thursday morning, the BTC price plunged by nearly $600 out of nowhere,","og_url":"https:\/\/uniquehot.com\/news\/bitcoin-price-unlikely-to-fall-under-9200-heres-why\/","og_site_name":"NewsBTC","article_publisher":"https:\/\/www.facebook.com\/newsbtc","article_published_time":"2019-09-20T12:00:13+00:00","article_modified_time":"2024-06-11T13:25:37+00:00","og_image":[{"width":3000,"height":2014,"url":"https:\/\/uniquehot.com\/wp-content\/uploads\/2018\/12\/shutterstock_599600603-e36.jpg?fit=3000%2C2014","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":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"NewsArticle","@id":"https:\/\/uniquehot.com\/news\/bitcoin-price-unlikely-to-fall-under-9200-heres-why\/#article","isPartOf":{"@id":"https:\/\/uniquehot.com\/news\/bitcoin-price-unlikely-to-fall-under-9200-heres-why\/"},"author":{"name":"Nick Chong","@id":"https:\/\/uniquehot.com\/#\/schema\/person\/4c1114650d72d49c455452d2ce5c981a"},"headline":"Bitcoin Price Unlikely to Fall Under $9,200; Here&#8217;s Why","datePublished":"2019-09-20T12:00:13+00:00","dateModified":"2024-06-11T13:25:37+00:00","mainEntityOfPage":{"@id":"https:\/\/uniquehot.com\/news\/bitcoin-price-unlikely-to-fall-under-9200-heres-why\/"},"wordCount":563,"commentCount":0,"publisher":{"@id":"https:\/\/uniquehot.com\/#organization"},"image":{"@id":"https:\/\/uniquehot.com\/news\/bitcoin-price-unlikely-to-fall-under-9200-heres-why\/#primaryimage"},"thumbnailUrl":"https:\/\/uniquehot.com\/wp-content\/uploads\/2018\/12\/shutterstock_599600603-e36.jpg?fit=3000%2C2014","keywords":["bitcoin","market","willy woo"],"articleSection":["Cryptocurrency Market News"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/uniquehot.com\/news\/bitcoin-price-unlikely-to-fall-under-9200-heres-why\/#respond"]}],"copyrightYear":"2019","copyrightHolder":{"@id":"https:\/\/uniquehot.com\/#organization"}},{"@type":"WebPage","@id":"https:\/\/uniquehot.com\/news\/bitcoin-price-unlikely-to-fall-under-9200-heres-why\/","url":"https:\/\/uniquehot.com\/news\/bitcoin-price-unlikely-to-fall-under-9200-heres-why\/","name":"Bitcoin Price Unlikely to Fall Under $9,200; Here's Why","isPartOf":{"@id":"https:\/\/uniquehot.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/uniquehot.com\/news\/bitcoin-price-unlikely-to-fall-under-9200-heres-why\/#primaryimage"},"image":{"@id":"https:\/\/uniquehot.com\/news\/bitcoin-price-unlikely-to-fall-under-9200-heres-why\/#primaryimage"},"thumbnailUrl":"https:\/\/uniquehot.com\/wp-content\/uploads\/2018\/12\/shutterstock_599600603-e36.jpg?fit=3000%2C2014","datePublished":"2019-09-20T12:00:13+00:00","dateModified":"2024-06-11T13:25:37+00:00","description":"Bitcoin has, to put it lightly, seen a helluva past 48 hours. On Wednesday night\/Thursday morning, the BTC price plunged by nearly $600 out of nowhere,","breadcrumb":{"@id":"https:\/\/uniquehot.com\/news\/bitcoin-price-unlikely-to-fall-under-9200-heres-why\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/uniquehot.com\/news\/bitcoin-price-unlikely-to-fall-under-9200-heres-why\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/uniquehot.com\/news\/bitcoin-price-unlikely-to-fall-under-9200-heres-why\/#primaryimage","url":"https:\/\/uniquehot.com\/wp-content\/uploads\/2018\/12\/shutterstock_599600603-e36.jpg?fit=3000%2C2014","contentUrl":"https:\/\/uniquehot.com\/wp-content\/uploads\/2018\/12\/shutterstock_599600603-e36.jpg?fit=3000%2C2014","width":3000,"height":2014,"caption":"bitcoin price"},{"@type":"BreadcrumbList","@id":"https:\/\/uniquehot.com\/news\/bitcoin-price-unlikely-to-fall-under-9200-heres-why\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/uniquehot.com\/"},{"@type":"ListItem","position":2,"name":"Bitcoin Price Unlikely to Fall Under $9,200; Here&#8217;s Why"}]},{"@type":"WebSite","@id":"https:\/\/uniquehot.com\/#website","url":"https:\/\/uniquehot.com\/","name":"NewsBTC","description":"Bitcoin &amp; Cryptocurrency News Today","publisher":{"@id":"https:\/\/uniquehot.com\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/uniquehot.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/uniquehot.com\/#organization","name":"NewsBTC","url":"https:\/\/uniquehot.com\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/uniquehot.com\/#\/schema\/logo\/image\/","url":"https:\/\/uniquehot.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46","contentUrl":"https:\/\/uniquehot.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46","width":157,"height":46,"caption":"NewsBTC"},"image":{"@id":"https:\/\/uniquehot.com\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/newsbtc","https:\/\/x.com\/newsbtc","https:\/\/www.youtube.com\/channel\/UC9v9erBEru5y4c3FA0wehEw"]},{"@type":"Person","@id":"https:\/\/uniquehot.com\/#\/schema\/person\/4c1114650d72d49c455452d2ce5c981a","name":"Nick Chong","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/uniquehot.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:\/\/uniquehot.com\/author\/nickchong\/"}]}},"parsely":{"version":"1.1.0","meta":{"@context":"https:\/\/schema.org","@type":"NewsArticle","headline":"Bitcoin Price Unlikely to Fall Under $9,200; Here&#8217;s Why","url":"http:\/\/uniquehot.com\/news\/bitcoin-price-unlikely-to-fall-under-9200-heres-why\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/uniquehot.com\/news\/bitcoin-price-unlikely-to-fall-under-9200-heres-why\/"},"thumbnailUrl":"https:\/\/uniquehot.com\/wp-content\/uploads\/2018\/12\/shutterstock_599600603-e36.jpg?resize=200%2C200","image":{"@type":"ImageObject","url":"https:\/\/uniquehot.com\/wp-content\/uploads\/2018\/12\/shutterstock_599600603-e36.jpg?fit=3000%2C2014"},"articleSection":"Cryptocurrency Market News","author":[{"@type":"Person","name":"Nick Chong"}],"creator":["Nick Chong"],"publisher":{"@type":"Organization","name":"NewsBTC","logo":"https:\/\/uniquehot.com\/wp-content\/uploads\/2020\/06\/cropped-cropped-cropped-favicon.png?w=32"},"keywords":["bitcoin","market","willy woo"],"dateCreated":"2019-09-20T12:00:13Z","datePublished":"2019-09-20T12:00:13Z","dateModified":"2024-06-11T13:25:37Z"},"rendered":"<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"NewsArticle\",\"headline\":\"Bitcoin Price Unlikely to Fall Under $9,200; Here&#8217;s Why\",\"url\":\"http:\\\/\\\/uniquehot.com\\\/news\\\/bitcoin-price-unlikely-to-fall-under-9200-heres-why\\\/\",\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/uniquehot.com\\\/news\\\/bitcoin-price-unlikely-to-fall-under-9200-heres-why\\\/\"},\"thumbnailUrl\":\"https:\\\/\\\/uniquehot.com\\\/wp-content\\\/uploads\\\/2018\\\/12\\\/shutterstock_599600603-e36.jpg?resize=200%2C200\",\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/uniquehot.com\\\/wp-content\\\/uploads\\\/2018\\\/12\\\/shutterstock_599600603-e36.jpg?fit=3000%2C2014\"},\"articleSection\":\"Cryptocurrency Market News\",\"author\":[{\"@type\":\"Person\",\"name\":\"Nick Chong\"}],\"creator\":[\"Nick Chong\"],\"publisher\":{\"@type\":\"Organization\",\"name\":\"NewsBTC\",\"logo\":\"https:\\\/\\\/uniquehot.com\\\/wp-content\\\/uploads\\\/2020\\\/06\\\/cropped-cropped-cropped-favicon.png?w=32\"},\"keywords\":[\"bitcoin\",\"market\",\"willy woo\"],\"dateCreated\":\"2019-09-20T12:00:13Z\",\"datePublished\":\"2019-09-20T12:00:13Z\",\"dateModified\":\"2024-06-11T13:25:37Z\"}<\/script>","tracker_url":"https:\/\/cdn.parsely.com\/keys\/uniquehot.com\/p.js"},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/uniquehot.com\/wp-content\/uploads\/2018\/12\/shutterstock_599600603-e36.jpg?fit=3000%2C2014","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/posts\/396653"}],"collection":[{"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/users\/497"}],"replies":[{"embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/comments?post=396653"}],"version-history":[{"count":0,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/posts\/396653\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/media\/365693"}],"wp:attachment":[{"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/media?parent=396653"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/categories?post=396653"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/tags?post=396653"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}