{"id":432454,"date":"2020-07-28T10:00:56","date_gmt":"2020-07-28T10:00:56","guid":{"rendered":"https:\/\/uniquehot.com\/?p=432454"},"modified":"2024-06-11T14:05:46","modified_gmt":"2024-06-11T14:05:46","slug":"3-signs-bitcoin-drop-explosion-11k","status":"publish","type":"post","link":"https:\/\/uniquehot.com\/news\/3-signs-bitcoin-drop-explosion-11k\/","title":{"rendered":"These 3 Signs Indicate Bitcoin Could Drop After 20% Explosion to $11.5k"},"content":{"rendered":"<p><a href=\"https:\/\/uniquehot.com\/category\/crypto\/bitcoin\/\">Bitcoin<\/a> has experienced extremely strong price action over recent days. At the highs of the rally on Monday, the leading cryptocurrency traded as high as $11,500 on leading margin exchanges.<\/p>\n<p>There remain signs that BTC could undergo a strong retracement after surging as high as $11,500. This comes in spite of the fact that BTC is already down by approximately $700 from the local highs as of this article&#8217;s writing.<\/p>\n<p>The following are three signs that BTC could retrace as shared by analysts.<\/p>\n<h6 style=\"text-align: center\">Related Reading: <a href=\"https:\/\/uniquehot.com\/2020\/07\/25\/crypto-tidbits-ethereum-surge-us-banks-hold-bitcoin-defi\/\">Crypto Tidbits: Ethereum Surges 20%, US Banks Can Hold Bitcoin, DeFi Still in Vogue<\/a><\/h6>\n<h2><strong>#1: A Potentially Overextended Bitcoin Futures Market<\/strong><\/h2>\n<p>What some analysts see as the most tell-tale sign that Bitcoin could drop from here is the state of BTC futures.<\/p>\n<p>Below is a chart from a cryptocurrency trader who predicted BTC would hit the $3,000s months before it did.<\/p>\n<p>It shows that long positions on BitMEX have built up massive positions over the past week, resulting in a spike in the funding rate.<\/p>\n<p>The funding rate is the rate that long positions pay short positions to normalize the price of futures to the spot price.<\/p>\n<p><img decoding=\"async\" class=\"alignnone\" src=\"https:\/\/pbs.twimg.com\/media\/Ed_wDzoWkAA_OTs?format=png&amp;name=large\" alt=\"Image\" loading=\"lazy\"><\/p>\n<pre>Chart from trader il Capo of Crypto (@CryptoCapo_ on Twitter)<\/pre>\n<p>The extremely high funding rates and positive long-short delta suggests that <a href=\"https:\/\/uniquehot.com\/category\/crypto\/bitcoin\/\">Bitcoin<\/a> buyers may be overleveraged. Data from another source, which aggregates the funding rates of the top crypto futures platforms, also indicates this.<\/p>\n<p>High funding rates are often seen at market tops, or at least at points in Bitcoin uptrends where the price slightly retraces.<\/p>\n<h2><strong>#2: A CME Futures Gap In the High-$9,000s<\/strong><\/h2>\n<p>Due to Bitcoin rallying on the weekend, it has formed a CME futures gap in the $9,600-9,900 range.<\/p>\n<p>Analysis has found that 77% of all CME Bitcoin gaps fill within the week after they are formed. With this gap where it is, there is a high chance by historical standards that BTC revisits the high-$9,000s in the coming days.<\/p>\n<p>The issue is that Bitcoin doesn\u2019t<em>\u00a0have to<\/em> fill in the CME gap. As one trader recently <a href=\"https:\/\/twitter.com\/C2M_Killmex\/status\/28640513\" rel=\"nofollow\">remarked:<\/a><\/p>\n<blockquote><p>\u201cCME Gapped up leaving a $285 gap. Most of the time the narrative is a gap fill before continuation but we also need to keep in mind that this could very well be a breakaway gap. Breakaway gaps often occur early in a trend and show conviction in the new trend direction.\u201d<\/p><\/blockquote>\n<h2><strong>#3: A TD Sequential &#8220;9&#8221; Candle on BTC&#8217;s Daily Chart<\/strong><\/h2>\n<p>Finally, there remains a sell signal on Bitcoin&#8217;s one-day price chart. The signal is a Tom Demark Sequential &#8220;sell 9,&#8221; which is a candle formation often seen near or at the top of an asset&#8217;s trend.<\/p>\n<p><img data-recalc-dims=\"1\" height=\"551\" width=\"980\" decoding=\"async\" class=\"aligncenter\" src=\"https:\/\/i0.wp.com\/bitcoinist.com\/wp-content\/uploads\/2020\/07\/photo_2020-07-27_02-41-31.jpg?resize=980%2C551&#038;ssl=1\" alt=\"bitcoin\" loading=\"lazy\"><\/p>\n<pre>Chart of BTC\u2019s price action over recent months with the TD Sequential. Chart by a Telegram channel tracking TD Sequential signals; chart from <a href=\"http:\/\/tradingview.com\/\" rel=\"nofollow\">TradingView.com<\/a><\/pre>\n<p>Traders have not seen any recent success with using this indicator \u2014 the chart above shows few TD &#8220;9&#8221; candles. Yet the creator of the indicator, Tom Demark, said in a Bloomberg interview that it managed to catch Bitcoin&#8217;s macro bottom at $3,150 and the 2019 highs near $14,000.<\/p>\n<h6 style=\"text-align: center\">Related Reading:\u00a0<a href=\"https:\/\/uniquehot.com\/2020\/07\/22\/onchain-metric-bitcoin-market-bullish\/\">On-Chain Metric Signals the BTC Market Isn\u2019t Overheated: Why This Is Bullish<\/a><\/h6>\n<pre>Featured Image from Shutterstock\r\nPrice tags: xbtusd, btcusd, btcusdt\r\nCharts from <a href=\"http:\/\/TradingView.com\" rel=\"nofollow\">TradingView.com<\/a>\r\nThese 3 Signs Indicate Bitcoin Could Drop After 20% Explosion to $11.5k<\/pre>\n","protected":false},"excerpt":{"rendered":"<p>Bitcoin has experienced extremely strong price action over recent days. At the highs of the rally on Monday, the leading cryptocurrency traded as high as $11,500 on leading margin exchanges. There remain signs that BTC could undergo a strong retracement after surging as high as $11,500. This comes in spite of the fact that BTC is already down by approximately $700 from the local highs as of this article&#8217;s writing. The following are three signs that BTC could retrace as shared by analysts. Related Reading: Crypto Tidbits: Ethereum Surges 20%, US Banks Can Hold Bitcoin, DeFi Still in Vogue #1: A Potentially Overextended Bitcoin Futures Market What some analysts see as the most tell-tale sign that Bitcoin could drop from here is the state of BTC futures. Below is a chart from a cryptocurrency trader who predicted BTC would hit the $3,000s months before it did. It shows that long positions on BitMEX have built up massive positions over the past week, resulting in a spike in the funding rate. The funding rate is the rate that long positions pay short positions to normalize the price of futures to the spot price. Chart from trader il Capo of Crypto (@CryptoCapo_ on Twitter) The extremely high funding rates and positive long-short delta suggests that Bitcoin buyers may be overleveraged. Data from another source, which aggregates the funding rates of the top crypto futures platforms, also indicates this. High funding rates are often seen at market tops, or at least at points in Bitcoin uptrends where the price slightly retraces. #2: A CME Futures Gap In the High-$9,000s Due to Bitcoin rallying on the weekend, it has formed a CME futures gap in the $9,600-9,900 range. Analysis has found that 77% of all CME Bitcoin gaps fill within the week after they are formed. With this gap where it is, there is a high chance by historical standards that BTC revisits the high-$9,000s in the coming days. The issue is that Bitcoin doesn\u2019t\u00a0have to fill in the CME gap. As one trader recently remarked: \u201cCME Gapped up leaving a $285 gap. Most of the time the narrative is a gap fill before continuation but we also need to keep in mind that this could very well be a breakaway gap. Breakaway gaps often occur early in a trend and show conviction in the new trend direction.\u201d #3: A TD Sequential &#8220;9&#8221; Candle on BTC&#8217;s Daily Chart Finally, there remains a sell signal on Bitcoin&#8217;s one-day price chart. The signal is a Tom Demark Sequential &#8220;sell 9,&#8221; which is a candle formation often seen near or at the top of an asset&#8217;s trend. Chart of BTC\u2019s price action over recent months with the TD Sequential. Chart by a Telegram channel tracking TD Sequential signals; chart from TradingView.com Traders have not seen any recent success with using this indicator \u2014 the chart above shows few TD &#8220;9&#8221; candles. Yet the creator of the indicator, Tom Demark, said in a Bloomberg interview that it managed to catch Bitcoin&#8217;s macro bottom at $3,150 and the 2019 highs near $14,000. Related Reading:\u00a0On-Chain Metric Signals the BTC Market Isn\u2019t Overheated: Why This Is Bullish Featured Image from Shutterstock Price tags: xbtusd, btcusd, btcusdt Charts from TradingView.com These 3 Signs Indicate Bitcoin Could Drop After 20% Explosion to $11.5k<\/p>\n","protected":false},"author":497,"featured_media":431109,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[3],"tags":[679,1144,78790,76835],"class_list":["post-432454","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-bitcoin-price","tag-btcusd","tag-btcusdt","tag-xbtusd"],"acf":[],"yoast_head":"\n<title>These 3 Signs Indicate Bitcoin Could Drop After 20% Explosion to $11.5k<\/title>\n<meta name=\"description\" content=\"Bitcoin has experienced extremely strong price action over recent days. At the highs of the rally on Monday, the leading cryptocurrency traded as high as\" \/>\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\/3-signs-bitcoin-drop-explosion-11k\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"These 3 Signs Indicate Bitcoin Could Drop After 20% Explosion to $11.5k\" \/>\n<meta property=\"og:description\" content=\"Bitcoin has experienced extremely strong price action over recent days. At the highs of the rally on Monday, the leading cryptocurrency traded as high as\" \/>\n<meta property=\"og:url\" content=\"https:\/\/uniquehot.com\/news\/3-signs-bitcoin-drop-explosion-11k\/\" \/>\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=\"2020-07-28T10:00:56+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-06-11T14:05:46+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/uniquehot.com\/wp-content\/uploads\/2020\/07\/Depositphotos_52653425_l-2015.jpg?fit=2000%2C1400\" \/>\n\t<meta property=\"og:image:width\" content=\"2000\" \/>\n\t<meta property=\"og:image:height\" content=\"1400\" \/>\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\/3-signs-bitcoin-drop-explosion-11k\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/uniquehot.com\/news\/3-signs-bitcoin-drop-explosion-11k\/\"},\"author\":{\"name\":\"Nick Chong\",\"@id\":\"https:\/\/uniquehot.com\/#\/schema\/person\/4c1114650d72d49c455452d2ce5c981a\"},\"headline\":\"These 3 Signs Indicate Bitcoin Could Drop After 20% Explosion to $11.5k\",\"datePublished\":\"2020-07-28T10:00:56+00:00\",\"dateModified\":\"2024-06-11T14:05:46+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/uniquehot.com\/news\/3-signs-bitcoin-drop-explosion-11k\/\"},\"wordCount\":497,\"publisher\":{\"@id\":\"https:\/\/uniquehot.com\/#organization\"},\"image\":{\"@id\":\"https:\/\/uniquehot.com\/news\/3-signs-bitcoin-drop-explosion-11k\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/uniquehot.com\/wp-content\/uploads\/2020\/07\/Depositphotos_52653425_l-2015.jpg?fit=2000%2C1400\",\"keywords\":[\"bitcoin price\",\"btcusd\",\"BTCUSDT\",\"xbtusd\"],\"articleSection\":[\"Cryptocurrency Market News\"],\"inLanguage\":\"en-US\",\"copyrightYear\":\"2020\",\"copyrightHolder\":{\"@id\":\"https:\/\/uniquehot.com\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/uniquehot.com\/news\/3-signs-bitcoin-drop-explosion-11k\/\",\"url\":\"https:\/\/uniquehot.com\/news\/3-signs-bitcoin-drop-explosion-11k\/\",\"name\":\"These 3 Signs Indicate Bitcoin Could Drop After 20% Explosion to $11.5k\",\"isPartOf\":{\"@id\":\"https:\/\/uniquehot.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/uniquehot.com\/news\/3-signs-bitcoin-drop-explosion-11k\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/uniquehot.com\/news\/3-signs-bitcoin-drop-explosion-11k\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/uniquehot.com\/wp-content\/uploads\/2020\/07\/Depositphotos_52653425_l-2015.jpg?fit=2000%2C1400\",\"datePublished\":\"2020-07-28T10:00:56+00:00\",\"dateModified\":\"2024-06-11T14:05:46+00:00\",\"description\":\"Bitcoin has experienced extremely strong price action over recent days. At the highs of the rally on Monday, the leading cryptocurrency traded as high as\",\"breadcrumb\":{\"@id\":\"https:\/\/uniquehot.com\/news\/3-signs-bitcoin-drop-explosion-11k\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/uniquehot.com\/news\/3-signs-bitcoin-drop-explosion-11k\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/uniquehot.com\/news\/3-signs-bitcoin-drop-explosion-11k\/#primaryimage\",\"url\":\"https:\/\/uniquehot.com\/wp-content\/uploads\/2020\/07\/Depositphotos_52653425_l-2015.jpg?fit=2000%2C1400\",\"contentUrl\":\"https:\/\/uniquehot.com\/wp-content\/uploads\/2020\/07\/Depositphotos_52653425_l-2015.jpg?fit=2000%2C1400\",\"width\":2000,\"height\":1400,\"caption\":\"Young woman in casual holding balloon shaped like question mark\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/uniquehot.com\/news\/3-signs-bitcoin-drop-explosion-11k\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/uniquehot.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"These 3 Signs Indicate Bitcoin Could Drop After 20% Explosion to $11.5k\"}]},{\"@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":"These 3 Signs Indicate Bitcoin Could Drop After 20% Explosion to $11.5k","description":"Bitcoin has experienced extremely strong price action over recent days. At the highs of the rally on Monday, the leading cryptocurrency traded as high as","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\/3-signs-bitcoin-drop-explosion-11k\/","og_locale":"en_US","og_type":"article","og_title":"These 3 Signs Indicate Bitcoin Could Drop After 20% Explosion to $11.5k","og_description":"Bitcoin has experienced extremely strong price action over recent days. At the highs of the rally on Monday, the leading cryptocurrency traded as high as","og_url":"https:\/\/uniquehot.com\/news\/3-signs-bitcoin-drop-explosion-11k\/","og_site_name":"NewsBTC","article_publisher":"https:\/\/www.facebook.com\/newsbtc","article_published_time":"2020-07-28T10:00:56+00:00","article_modified_time":"2024-06-11T14:05:46+00:00","og_image":[{"width":2000,"height":1400,"url":"https:\/\/uniquehot.com\/wp-content\/uploads\/2020\/07\/Depositphotos_52653425_l-2015.jpg?fit=2000%2C1400","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\/3-signs-bitcoin-drop-explosion-11k\/#article","isPartOf":{"@id":"https:\/\/uniquehot.com\/news\/3-signs-bitcoin-drop-explosion-11k\/"},"author":{"name":"Nick Chong","@id":"https:\/\/uniquehot.com\/#\/schema\/person\/4c1114650d72d49c455452d2ce5c981a"},"headline":"These 3 Signs Indicate Bitcoin Could Drop After 20% Explosion to $11.5k","datePublished":"2020-07-28T10:00:56+00:00","dateModified":"2024-06-11T14:05:46+00:00","mainEntityOfPage":{"@id":"https:\/\/uniquehot.com\/news\/3-signs-bitcoin-drop-explosion-11k\/"},"wordCount":497,"publisher":{"@id":"https:\/\/uniquehot.com\/#organization"},"image":{"@id":"https:\/\/uniquehot.com\/news\/3-signs-bitcoin-drop-explosion-11k\/#primaryimage"},"thumbnailUrl":"https:\/\/uniquehot.com\/wp-content\/uploads\/2020\/07\/Depositphotos_52653425_l-2015.jpg?fit=2000%2C1400","keywords":["bitcoin price","btcusd","BTCUSDT","xbtusd"],"articleSection":["Cryptocurrency Market News"],"inLanguage":"en-US","copyrightYear":"2020","copyrightHolder":{"@id":"https:\/\/uniquehot.com\/#organization"}},{"@type":"WebPage","@id":"https:\/\/uniquehot.com\/news\/3-signs-bitcoin-drop-explosion-11k\/","url":"https:\/\/uniquehot.com\/news\/3-signs-bitcoin-drop-explosion-11k\/","name":"These 3 Signs Indicate Bitcoin Could Drop After 20% Explosion to $11.5k","isPartOf":{"@id":"https:\/\/uniquehot.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/uniquehot.com\/news\/3-signs-bitcoin-drop-explosion-11k\/#primaryimage"},"image":{"@id":"https:\/\/uniquehot.com\/news\/3-signs-bitcoin-drop-explosion-11k\/#primaryimage"},"thumbnailUrl":"https:\/\/uniquehot.com\/wp-content\/uploads\/2020\/07\/Depositphotos_52653425_l-2015.jpg?fit=2000%2C1400","datePublished":"2020-07-28T10:00:56+00:00","dateModified":"2024-06-11T14:05:46+00:00","description":"Bitcoin has experienced extremely strong price action over recent days. At the highs of the rally on Monday, the leading cryptocurrency traded as high as","breadcrumb":{"@id":"https:\/\/uniquehot.com\/news\/3-signs-bitcoin-drop-explosion-11k\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/uniquehot.com\/news\/3-signs-bitcoin-drop-explosion-11k\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/uniquehot.com\/news\/3-signs-bitcoin-drop-explosion-11k\/#primaryimage","url":"https:\/\/uniquehot.com\/wp-content\/uploads\/2020\/07\/Depositphotos_52653425_l-2015.jpg?fit=2000%2C1400","contentUrl":"https:\/\/uniquehot.com\/wp-content\/uploads\/2020\/07\/Depositphotos_52653425_l-2015.jpg?fit=2000%2C1400","width":2000,"height":1400,"caption":"Young woman in casual holding balloon shaped like question mark"},{"@type":"BreadcrumbList","@id":"https:\/\/uniquehot.com\/news\/3-signs-bitcoin-drop-explosion-11k\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/uniquehot.com\/"},{"@type":"ListItem","position":2,"name":"These 3 Signs Indicate Bitcoin Could Drop After 20% Explosion to $11.5k"}]},{"@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":"These 3 Signs Indicate Bitcoin Could Drop After 20% Explosion to $11.5k","url":"http:\/\/uniquehot.com\/news\/3-signs-bitcoin-drop-explosion-11k\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/uniquehot.com\/news\/3-signs-bitcoin-drop-explosion-11k\/"},"thumbnailUrl":"https:\/\/uniquehot.com\/wp-content\/uploads\/2020\/07\/Depositphotos_52653425_l-2015.jpg?resize=200%2C200","image":{"@type":"ImageObject","url":"https:\/\/uniquehot.com\/wp-content\/uploads\/2020\/07\/Depositphotos_52653425_l-2015.jpg?fit=2000%2C1400"},"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 price","btcusd","btcusdt","xbtusd"],"dateCreated":"2020-07-28T10:00:56Z","datePublished":"2020-07-28T10:00:56Z","dateModified":"2024-06-11T14:05:46Z"},"rendered":"<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"NewsArticle\",\"headline\":\"These 3 Signs Indicate Bitcoin Could Drop After 20% Explosion to $11.5k\",\"url\":\"http:\\\/\\\/uniquehot.com\\\/news\\\/3-signs-bitcoin-drop-explosion-11k\\\/\",\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/uniquehot.com\\\/news\\\/3-signs-bitcoin-drop-explosion-11k\\\/\"},\"thumbnailUrl\":\"https:\\\/\\\/uniquehot.com\\\/wp-content\\\/uploads\\\/2020\\\/07\\\/Depositphotos_52653425_l-2015.jpg?resize=200%2C200\",\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/uniquehot.com\\\/wp-content\\\/uploads\\\/2020\\\/07\\\/Depositphotos_52653425_l-2015.jpg?fit=2000%2C1400\"},\"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 price\",\"btcusd\",\"btcusdt\",\"xbtusd\"],\"dateCreated\":\"2020-07-28T10:00:56Z\",\"datePublished\":\"2020-07-28T10:00:56Z\",\"dateModified\":\"2024-06-11T14:05:46Z\"}<\/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\/2020\/07\/Depositphotos_52653425_l-2015.jpg?fit=2000%2C1400","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/posts\/432454"}],"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=432454"}],"version-history":[{"count":0,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/posts\/432454\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/media\/431109"}],"wp:attachment":[{"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/media?parent=432454"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/categories?post=432454"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/tags?post=432454"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}