{"id":470379,"date":"2022-07-04T10:37:26","date_gmt":"2022-07-04T07:37:26","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/wild-ride-lower-for-btc-5-things-to-know-in-bitcoin-this-week\/"},"modified":"2022-07-04T10:37:26","modified_gmt":"2022-07-04T07:37:26","slug":"wild-ride-lower-for-btc-5-things-to-know-in-bitcoin-this-week","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/wild-ride-lower-for-btc-5-things-to-know-in-bitcoin-this-week\/","title":{"rendered":"# &#8216;Wild ride&#8217; lower for BTC? 5 things to know in Bitcoin this week"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_85 counter-hierarchy ez-toc-counter ez-toc-custom ez-toc-container-direction\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-6a4bb0b4c77f7\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #dd3333;color:#dd3333\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #dd3333;color:#dd3333\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-6a4bb0b4c77f7\" checked aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-1'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/buradabiliyorum.com\/en\/wild-ride-lower-for-btc-5-things-to-know-in-bitcoin-this-week\/#%E2%80%9D_%E2%80%98Wild_ride_lower_for_BTC_5_things_to_know_in_Bitcoin_this_week_%E2%80%9C\" >&#8221; &#8216;Wild ride&#8217; lower for BTC? 5 things to know in Bitcoin this week &#8220;<\/a><ul class='ez-toc-list-level-2' ><li class='ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/buradabiliyorum.com\/en\/wild-ride-lower-for-btc-5-things-to-know-in-bitcoin-this-week\/#BTC_price_bides_its_time_over_long_weekend\" >BTC price bides its time over long weekend<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/buradabiliyorum.com\/en\/wild-ride-lower-for-btc-5-things-to-know-in-bitcoin-this-week\/#Gold_nears_%E2%80%9Cblast_off%E2%80%9D_against_US_equities\" >Gold nears &#8220;blast off&#8221; against U.S. equities<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/buradabiliyorum.com\/en\/wild-ride-lower-for-btc-5-things-to-know-in-bitcoin-this-week\/#Crunch_time_for_Hayes_%E2%80%9Cwild_ride_to_the_downside%E2%80%9D\" >Crunch time for Hayes&#8217; &#8220;wild ride to the downside&#8221;<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/buradabiliyorum.com\/en\/wild-ride-lower-for-btc-5-things-to-know-in-bitcoin-this-week\/#Mining_difficulty_is_still_rising\" >Mining difficulty is still rising<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/buradabiliyorum.com\/en\/wild-ride-lower-for-btc-5-things-to-know-in-bitcoin-this-week\/#A_sea_of_lows\" >A sea of lows<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h1><span class=\"ez-toc-section\" id=\"%E2%80%9D_%E2%80%98Wild_ride_lower_for_BTC_5_things_to_know_in_Bitcoin_this_week_%E2%80%9C\"><\/span>&#8221; &#8216;Wild ride&#8217; lower for BTC? 5 things to know in Bitcoin this week &#8220;<span class=\"ez-toc-section-end\"><\/span><\/h1>\n<div class=\"post-content\" data-v-2a0745c6>Bitcoin (BTC) starts a new week still in holiday mode with United States financial markets off for Independence Day.<\/p>\n<p>The largest cryptocurrency, stuck below the increasingly daunting $20,000 mark, continues to feel the pressure from the macro environment as talk of lower levels remains omnipresent.<\/p>\n<p>After a quiet weekend, hodlers find themselves stuck in a narrow range while the prospect of a breakout to the upside <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/download-scripts-themes-apps\/\" data-internallinksmanager029f6b8e52c=\"9\" title=\"Download Scripts &amp; Themes &amp; Apps\" target=\"_blank\" rel=\"noopener\">app<\/a>ears increasingly hard to believe.<\/p>\n<p>As one trader and analyst singles out July 4 as the site of a &#8220;wild run to the downside&#8221; for crypto markets, the countdown is on for Bitcoin to weather the aftermath of the latest Federal Reserve rate hike.<\/p>\n<p>What else could the coming week have in store? Cointelegraph takes a look at the potential market-moving factors for the days ahead.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"BTC_price_bides_its_time_over_long_weekend\"><\/span>BTC price bides its time over long weekend<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Bitcoin emerged from the weekend unscathed, but the classic pitfalls of off-peak trading remain.<\/p>\n<p>The United States will not return to trading desks until July 5, providing ample opportunity for some classic weekend price action in the meantime.<\/p>\n<p>So far, the market has held off when it comes to volatility \u2014 with the exception of a brief spike to $18,800, BTC\/USD has circled the area between $19,000 and $19,500 for several days.<\/p>\n<p>Even the weekly close provided no real trend change, data from Cointelegraph Markets Pro and <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.tradingview.com\/symbols\/BTCUSD\/?exchange=BINANCE\">TradingView<\/a>\u00a0showed,\u00a0with the psychologically significant $20,000 unchallenged.<\/p>\n<figure><img decoding=\"async\" src=\"https:\/\/s3.cointelegraph.com\/uploads\/2022-07\/028dcb8f-b5f1-4ef3-a95c-b8233fd52d7b.png\"><figcaption style=\"text-align: center;\"><em>BTC\/USD 1-week candle chart (Bitstamp). Source: TradingView<\/em><\/figcaption><\/figure>\n<p>&#8220;While below the range low we can expect a drop down to $18,000,&#8221; popular trading account Crypto Tony <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/CryptoTony__\/status\/1543851744463044608\">reiterated<\/a> to <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/social-mediaa\/\" data-internallinksmanager029f6b8e52c=\"1\" title=\"Social Media\" target=\"_blank\" rel=\"noopener\">Twitter<\/a> followers as part of a fresh update on July 4. <\/p>\n<blockquote><p>&#8220;Been a very boring few days in the markets, and this is classic for a mid range.&#8221;\u00a0<\/p><\/blockquote>\n<p>In terms of targets to the downside, others continued to eye the area around $16,000.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">In 2018, The Orange MA was the Bottom. In 2020, The Green MA was Bottom. Currently holding the Green MA (16-17K). If it breaks then there is a Possibility of Next Bottom Blue MA (12-13K) <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/search?q=%24BTC&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$BTC<\/a> <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/t.co\/rZILTAOlXf\">pic.twitter.com\/rZILTAOlXf<\/a><\/p>\n<p>\u2014 Trader_J (@Trader_Jibon) <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/Trader_Jibon\/status\/1543638661945630720?ref_src=twsrc%5Etfw\">July 3, 2022<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>With no meaningful Bitcoin futures gap and flat performance on Asian markets, meanwhile, there was little to be had in terms of short-term price goals for short-timeframe traders.<\/p>\n<p>The U.S. dollar, meanwhile, continued to hold near twenty-year highs after returning from its latest retracement defiant.<\/p>\n<p>The U.S. dollar index (DXY) stood above 105 at the time of writing.<\/p>\n<figure><img decoding=\"async\" src=\"https:\/\/s3.cointelegraph.com\/uploads\/2022-07\/3cddc71d-393d-4239-ab81-4f6a6f028149.png\"><figcaption style=\"text-align: center;\"><em>U.S. dollar index (DXY) 1-hour candle chart. Source: TradingView<\/em><\/figcaption><\/figure>\n<h2><span class=\"ez-toc-section\" id=\"Gold_nears_%E2%80%9Cblast_off%E2%80%9D_against_US_equities\"><\/span>Gold nears &#8220;blast off&#8221; against U.S. equities<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>With Wall Street closed for Independence Day, U.S. equities can take a breather on Monday.<\/p>\n<p>For one popular chartist, however, attention is focusing on the strength of stocks versus gold in the current environment. <\/p>\n<p>In a Twitter thread on the day, gold monitor Patrick Karim specifically flagged the precious metal as being about to hit a historical \u201cblast off\u201d zone against the S&amp;P 500. <\/p>\n<p>After bottoming out at the end of 2021, the ratio of gold to the S&amp;P has recovered throughout this year, and is now about to cross a boundary, which has historically led to significant upside afterward.<\/p>\n<p>\u201cGold closing in on \u2018blast off zone\u2019 versus US equities. Previous take-offs have unleashed important gains for Silver &amp; Miners,\u201d Karim commented.<\/p>\n<p>The situation cannot be said to be the same in U.S. dollar terms, with USD strength keeping XAU\/USD firmly in its place below $2,000 since March.<\/p>\n<p>Nonetheless, for silver fans, the implications are that even a modest push-through for the XAU\/SPX ratio will bring significant returns.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">Note you won&#8217;t need to get back to previous 2011 highs for the <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/hashtag\/gold?src=hash&amp;ref_src=twsrc%5Etfw\">#gold<\/a> versus <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/hashtag\/spx?src=hash&amp;ref_src=twsrc%5Etfw\">#spx<\/a> ratio to have MUCH higher nominal prices for silver &amp; miners.<\/p>\n<p>Think about that for a moment.<\/p>\n<p>\u2014 Patrick Karim (@badcharts1) <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/badcharts1\/status\/1543738414666743808?ref_src=twsrc%5Etfw\">July 3, 2022<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>The forecast again calls into question the extent of Bitcoin\u2019s ability to break with macro trends. A breakout against BTC for gold would be the natural knock-on effect should Karim\u2019s scenario play out thanks to ongoing correlation with equities.<\/p>\n<p>\u201cAfter escaping the sideways pattern that had formed for a 1.5 year period, the correlation coefficient increased sharply to 86% vs S&amp;P 500,\u201d popular trader and analyst CRYPTOBIRB <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/crypto_birb\/status\/1541533074105810944\">summarized<\/a> at the weekend. <\/p>\n<blockquote><p>\u201cNow, at 0.78 ratio it remains strongly positive.\u201d<\/p><\/blockquote>\n<p>Fellow analyst Venturefounder noted that Bitcoin also remains tied to moves in the Nasdaq.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">Meanwhile <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/hashtag\/Bitcoin?src=hash&amp;ref_src=twsrc%5Etfw\">#Bitcoin<\/a> and <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/hashtag\/NASDAQ?src=hash&amp;ref_src=twsrc%5Etfw\">#NASDAQ<\/a> are still trending together.<\/p>\n<p>Note previous bottoms (Dec 2018 &amp; Mar 2020) happened as <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/hashtag\/BTC?src=hash&amp;ref_src=twsrc%5Etfw\">#BTC<\/a> and <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/search?q=%24QQQ&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$QQQ<\/a> correlation at peak, suggesting macro has always influenced BTC bottoms. We can predict more likely that macro calls bottom for BTC again this time. <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/t.co\/szmS4c6WV8\">pic.twitter.com\/szmS4c6WV8<\/a><\/p>\n<p>\u2014 venturef\u25ceund\u039er (@venturefounder) <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/venturefounder\/status\/1541209049638772740?ref_src=twsrc%5Etfw\">June 26, 2022<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>Against the dollar, Cointelegraph meanwhile reported, Bitcoin\u2019s inverse correlation is now at 17-month highs.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Crunch_time_for_Hayes_%E2%80%9Cwild_ride_to_the_downside%E2%80%9D\"><\/span>Crunch time for Hayes&#8217; &#8220;wild ride to the downside&#8221;<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>July 4, apart from being Independence Day, is being watched by one market player in particular as a public holiday like no other \u2014 at least for Bitcoin.<\/p>\n<p>With markets closed and BTC price action already teetering on the edge of support, Arthur Hayes, former CEO of derivatives platform BitMEX, has singled out this long weekend as one long day of reckoning for crypto markets.<\/p>\n<p>The reasoning seems logical. The end of June saw the Federal Reserve raise key rates by 75 basis points, providing fertile ground for an adverse reaction from risk assets. Low-liquidity \u201cout-of-hours\u201d holiday trading increases the potential for volatile price moves up or down. Combined, the cocktail, Hayes warned last month, could be potent.<\/p>\n<p>\u201cBy June 30 (second quarter end), the Fed will have enacted a 75bps rate hike and begun shrinking its balance sheet. July 4 falls on a Monday, and is a federal and banking holiday,\u201d he wrote in a <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/entrepreneurshandbook.co\/floaters-1085be6d6ffd\">blog post<\/a>. <\/p>\n<blockquote><p>\u201cThis is the perfect setup for yet another mega crypto dump.\u201d<\/p><\/blockquote>\n<p>So far, however, signs of what Hayes says will be a \u201cwild ride to the downside\u201d have not materialized. BTC\/USD has stayed practically static since late last week.<\/p>\n<p>The deadline should be Tuesday, July 5, as the return of traders and their capital could provide liquidity needed to steady the markets as well as buy up any coins going cheap in the event of a last-minute downturn. <\/p>\n<p>Hayes added that his prior forecasts of BTC\/USD bottoming at $27,000 and ETH\/USD at $1,800 already \u201clay in tatters\u201d in June.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Mining_difficulty_is_still_rising\"><\/span>Mining difficulty is still rising<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Despite considerable concern over miners\u2019 ability to withstand the current BTC price downturn, Bitcoin\u2019s network fundamentals remain calm.<\/p>\n<p>An impressive testament to miners\u2019 resolve to stay on the network, difficulty is not planning to reduce at the upcoming readjustment this week.<\/p>\n<p>After decreasing by a modest 2.35% two weeks ago, difficulty, which automatically rises and falls to take into account fluctuations in miner participation, will hardly change at all this time around.<\/p>\n<p>According to estimates from on-chain monitoring resource <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/btc.com\/stats\/diff\">BTC.com<\/a>, difficulty will even rise should current prices stay the same, adding 0.5% to what is a metric still near all-time highs.<\/p>\n<figure><img decoding=\"async\" src=\"https:\/\/s3.cointelegraph.com\/uploads\/2022-07\/73cd5e87-fab3-41d8-84a4-e2f541bd89de.png\"><figcaption style=\"text-align: center;\"><em>Bitcoin network fundamentals overview (screenshot). Source: BTC.com<\/em><\/figcaption><\/figure>\n<p>When it comes to miners themselves, opinions consider that it is the less efficient players \u2014 possibly newcomers with higher cost basis \u2014 who have been forced to exit.<\/p>\n<p>Data <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/caprioleio\/status\/1542510726555652097\/photo\/1\">uploaded<\/a> to social media by Charles Edwards, CEO of asset manager Capriole last week meanwhile puts the production cost for miners en masse at around $26,000. Of that, $16,000 is electricity, meaning that miner overheads directly influence their ability to limit losses in the current environment.<\/p>\n<p>\u201cWe traded below Electrical Cost in June, however the floor has since dropped as inefficient miners capitulate,\u201d Edwards noted.<\/p>\n<figure><img decoding=\"async\" src=\"https:\/\/s3.cointelegraph.com\/uploads\/2022-07\/0384b961-d1b1-4faf-9469-01ab61135b82.png\"><figcaption style=\"text-align: center;\"><em>Bitcoin miner production cost chart. Source: Charles Edwards\/ Twitter<\/em><\/figcaption><\/figure>\n<h2><span class=\"ez-toc-section\" id=\"A_sea_of_lows\"><\/span>A sea of lows<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Bitcoin on-chain metrics pointing to record overselling is nothing new this year and in recent weeks especially. <\/p>\n<p><strong><em>Related:\u00a0Top 5 cryptocurrencies to watch this week: BTC, SHIB, MATIC, ATOM, APE<\/em><\/strong><\/p>\n<p>The trend continues in July, as the network returns to scenarios not seen since the aftermath of the March 2020 cross-market crash.<\/p>\n<p>According to on-chain analytics firm <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/studio.glassnode.com\/metrics?a=BTC&amp;m=blockchain.UtxoLossCount&amp;mAvg=7\">Glassnode<\/a>, the number of coins being spent at a loss is now the highest since July 2020. Glassnode analyzed the weekly moving average of unspent transaction outputs (UTXOs) in loss.<\/p>\n<figure><img decoding=\"async\" src=\"https:\/\/s3.cointelegraph.com\/uploads\/2022-07\/5d5b9455-8a5c-4f96-be6b-b377c0c021a8.png\"><figcaption style=\"text-align: center;\"><em>Bitcoin UTXOs in loss chart (7-day moving average). Source: Glassnode<\/em><\/figcaption><\/figure>\n<p>Similarly, the percentage of UTXOs in profit hit a two-year low of just over 72% on July 3.<\/p>\n<figure><img decoding=\"async\" src=\"https:\/\/s3.cointelegraph.com\/uploads\/2022-07\/ba19a3f9-95c4-4693-a63b-3e07250715c5.png\"><figcaption style=\"text-align: center;\"><em>Bitcoin % UTXOs in profit chart (7-day moving average). Source: Glassnode<\/em><\/figcaption><\/figure>\n<p>Bear markets can produce some welcome, if rare, silver linings. Bitcoin transaction fees, once painfully high during bullish periods of intense network activity, are now also at their lowest since July 2020. The median fee, Glassnode reveals, is $1.15.<\/p>\n<figure><img decoding=\"async\" src=\"https:\/\/s3.cointelegraph.com\/uploads\/2022-07\/6b4e2364-a3be-4702-9d8d-06d327adbefe.png\"><figcaption style=\"text-align: center;\"><em>Bitcoin median transaction fee chart. Source: Glassnode<\/em><\/figcaption><\/figure>\n<p>As Cointelegraph reported, the same is true for Ethereum network gas fees.<\/p>\n<p class=\"post-content__disclaimer\">The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph.com. Every investment and trading move involves risk, you should conduct your own research when making a decision.\n<\/p>\n<p><template data-name=\"subscription_form\" data-type=\"markets_outlook\"><\/template><\/div>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. Follow us on\u00a0<span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMLG0nwswvr63Aw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\">For forums sites go to <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/forum.buradabiliyorum.com\/\" target=\"_blank\" rel=\"noopener\">Forum.BuradaBiliyorum.Com<\/a><\/span><\/strong>\n<\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/news\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"News\" target=\"_blank\" rel=\"noopener\">News<\/a> articles, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/en.buradabiliyorum.com\/general\/\" target=\"_blank\" rel=\"noopener\">General category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"https:\/\/cointelegraph.com\/news\/wild-ride-lower-for-btc-5-things-to-know-in-bitcoin-this-week\" target=\"_blank\" rel=\"noopener\">Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8221; &#8216;Wild ride&#8217; lower for BTC? 5 things to know in Bitcoin this week &#8220; Bitcoin (BTC) starts a new week still in holiday mode with United States financial markets off for Independence Day. The largest cryptocurrency, stuck below the increasingly daunting $20,000 mark, continues to feel the pressure from the macro environment as talk&#8230;<\/p>\n","protected":false},"author":1,"featured_media":470380,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/images.cointelegraph.com\/images\/1200_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjItMDcvMzIyMmQzNDItOGY1Yi00YmQ1LWI1ODQtZDlmMGJjNGVjZjFlLmpwZw==.jpg","fifu_image_alt":"","footnotes":""},"categories":[1],"tags":[74862,74937,73785],"class_list":["post-470379","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general","tag-bitcoin","tag-bitcoin-price","tag-markets"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/470379","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=470379"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/470379\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/470380"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=470379"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=470379"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=470379"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}