Bitcoin tests a key level as the cryptocurrency falls below $33,000

46
34
Favorite

Bitcoin tests a key level as the cryptocurrency falls below $33,000

CNBC2021-06-22

The price of bitcoin slumped to a pivotal level after it fell to a two-week low early Monday. Bitcoinhovered around $32,000 range throughout the day, down 50% from its April all-time high, following ...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Report

Comment（34）

stevepang
·2021-06-25
true
Reply
Like
Report
EllyneOng
·2021-06-22
Buy
Reply
Like
Report
IMRainmaker
·2021-06-22
Bitcoin may fall below 25k in near term
Reply
Like
Report
FilexTeh
·2021-06-22
Like & comment
Reply
Like
Report
FFE
·2021-06-22
Come on
Reply
1
Report
Luiz
·2021-06-22
??
Reply
1
Report
MD21
·2021-06-22
Wow
Reply
2
Report
Khoogl
·2021-06-22
Latest
Reply
4
Report
HappyLucky
·2021-06-22
??????
Reply
2
Report
Holla
·2021-06-22
Like my comment pls
Reply
5
Report
Fold Replies
- OldMan69:
  like mine too pleasd
  2021-06-22
  Reply
  Report
- yiyoyoyi:
  like mine too
  2021-06-22
  Reply
  Report
- Gigachad:
  Like too thanks ?
  2021-06-22
  Reply
  Report
ZY91
·2021-06-22
Like and comment pls. Thanks!
Reply
2
Report
Fold Replies
- yiyoyoyi:
  like mine too
  2021-06-22
  Reply
  Report
- Holla:
  Ok
  2021-06-22
  Reply
  Report
sleekh
·2021-06-22
30k strong support. Buy with confidence. Leave some capital for next support at 23k.
Reply
2
Report
Fold Replies
- sleekh:
  keep dcaing
  2021-06-22
  Reply
  Report
Optional
·2021-06-22
nice la
Reply
2
Report
ni9
·2021-06-22
Let's see how it goes from here
Reply
Like
Report
KSONG
·2021-06-22
Like n comment pls
Reply
3
Report
Fold Replies
- yiyoyoyi:
  like mine too
  2021-06-22
  Reply
  Report
- Sim1:
  Pls like & commenT back. Thx
  2021-06-22
  Reply
  Report
Shan_2021
·2021-06-22
Now what happens
Reply
1
Report
HKFoong
·2021-06-22
Like
Reply
2
Report
Fold Replies
- HKFoong:
  Gaggao
  2021-06-22
  Reply
  Report
- HKFoong:
  Holy
  2021-06-22
  Reply
  Report
- HKFoong:
  U48xb
  2021-06-22
  Reply
  Report
View more 2 comments
jamiengan
·2021-06-22
Bitcoin ?
Reply
1
Report
wei hong ng
·2021-06-22
China banned bt, hard to recover in short term
Reply
1
Report
Gaggoo
·2021-06-22
wowww
Reply
1
Report

Most Discussed

7x24

All

Terms and Conditions·Privacy Policy

Company: TTMF Limited. Tech supported by Xiangshang Yixin.

Email：uservice@ttm.financial

{"i18n":{"language":"en_US"},"data":{"share":"https://ttm.financial/m/news/1129777651?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2021-06-22 16:17","share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","id":"1129777651","market":"us","top_or_hot":-1,"title":"Bitcoin tests a key level as the cryptocurrency falls below $33,000","media":"CNBC","content":"<div>\n<p>The price of bitcoin slumped to a pivotal level after it fell to a two-week low early Monday.\nBitcoinhovered around $32,000 range throughout the day, down 50% from its April all-time high, following ...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/21/bitcoin-tests-a-key-level-as-the-cryptocurrency-falls-below-33000.html\">Source Link</a>\n\n</div>\n","source":"cnbc_highlight","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Bitcoin tests a key level as the cryptocurrency falls below $33,000</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBitcoin tests a key level as the cryptocurrency falls below $33,000\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-22 16:17 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/06/21/bitcoin-tests-a-key-level-as-the-cryptocurrency-falls-below-33000.html><strong>CNBC</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The price of bitcoin slumped to a pivotal level after it fell to a two-week low early Monday.\nBitcoinhovered around $32,000 range throughout the day, down 50% from its April all-time high, following ...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/21/bitcoin-tests-a-key-level-as-the-cryptocurrency-falls-below-33000.html\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"GBTC","symbol_name":"Grayscale Bitcoin Trust","start_time":0,"source_url":"https://www.cnbc.com/2021/06/21/bitcoin-tests-a-key-level-as-the-cryptocurrency-falls-below-33000.html","article_id":"1129777651","we_media_id":null,"thumbnails":[],"rights":{"source":"cnbc_highlight","url":"https://www.cnbc.com/2021/06/21/bitcoin-tests-a-key-level-as-the-cryptocurrency-falls-below-33000.html","rn_cache_url":null,"customStyle":"body{padding-top:10px;}.ArticleHeader-headline{#titleStyle#}a{#lv2TextColor#}.ArticleHeader-time, .Author-authorNameAndSocial a{#sourceStyle#;}","selectors":".PageBuilder-pageWrapper","filters":".ArticleHeader-eyebrow, .RelatedTags-relatedTags","directOrigin":true},"url":"https://stock-news.laohu8.com/highlight/detail?id=1129777651","pubTimestamp":1624349845,"columns":[],"sourceInfo":{"source_id":"cnbc_highlight","name":"CNBC"},"weMediaInfo":null,"summary":"The price of bitcoin slumped to a pivotal level after it fell to a two-week low early Monday.Bitcoinhovered around $32,000 range throughout the day, down 50% from its April all-time high, following news that China has intensified its crackdown on crypto mining operations. Its central bank also ordered Alipay and other major financial institutions to de-risk cryptocurrency businesses.The notoriously volatile cryptocurrency has struggled to reclaim its highs from earlier in the quarter. The price ","collect":0,"end_time":0,"defaultTopTitle":"cnbc.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"GBTC":"Grayscale Bitcoin Trust","COIN":"Coinbase Global, Inc."},"translate_title":"比特币测试一个关键水平，该加密货币跌破3.3万美元","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"COIN":0.9,"GBTC":0.9},"content_text":"The price of bitcoin slumped to a pivotal level after it fell to a two-week low early Monday.\nBitcoinhovered around $32,000 range throughout the day, down 50% from its April all-time high, following news that China has intensified its crackdown on crypto mining operations. Its central bank also ordered Alipay and other major financial institutions to de-risk cryptocurrency businesses.\nThe notoriously volatile cryptocurrency has struggled to reclaim its highs from earlier in the quarter. The price first fell to $32,000 in early June and has been on a rollercoaster ride before briefly touching $40,000 last week.\nBut Fairlead Strategies founder Katie Stockton thinks that drop doesn’t represent a significant breakdown and should stabilize in the days ahead.\nFinding the support level\nAnalysts covering bitcoin are watching it closely because its price is slipping to its so-called “support level.” A support level is essentially a lower price at which investors are still willing to purchase the asset.\n“There are oversold buy signals that are arising with this downdraft that make it more likely that support will be discovered,” Stockton said Monday.\nStockton said she’s calling the support level $34,000, based in part on a 50% pullback on the uptrend thatbegan off the March 2020 low. That’s being tested now, based on various technical factors, including the 200-day moving average and the previous lows.\nOppenheimer senior analyst Ari Wald said $30,000 is the key level, and that it should hold at current levels.\nEarlier this month, analysts said the price couldfall as low as $20,000.\n“Bitcoin fell below its 200-day moving average, which signifies a change in trend,” Wald said. “We are not necessarily expecting a blast off and a resumption of that strong fourth quarter move that bitcoin had,” when the price climbed steadily throughout the quarter to a new all-time high in the new year.\n“We see a lot of similarities now to how bitcoin traded at points in 2018 and 2019, where it fell towards the lower end of a range, but subsequent trading was just that – it was a range, and upside was somewhat limited and muted,” Wald said.\n“On the upside it looks like $40,000 appears to be have some key resistance that has limited trading for bitcoin over the last month,” he added.\nA moving target\nSupport represents a potential area of buying pressure and is often based on a moving average of price, though it can also be where an asset has found buyers in the past, like the previous low on the chart.\nA more significant breakdown would be two daily closes below the current level of $32,000 in the short term, or two weekly closes below in the intermediate to long term, Fairlead Strategies’ Stockton said.\n“This week’s price action will be important, because if we don’t see a reaction to these oversold signals, that would create some risk,” she said. “The way things are set up, there should be, after today, stabilization. If they keep going lower from here, then we will start to see decisive breakdowns and we will see a non-reaction to the oversold reading.”","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":126625328,"gmtCreate":1624566323564,"gmtModify":1703840423974,"author":{"id":"3577572638691179","authorId":"3577572638691179","name":"stevepang","avatar":"https://static.tigerbbs.com/c7236548998de24f39846bba30c49783","vip":1,"crmLevel":6,"crmLevelSwitch":0,"authorIdStr":"3577572638691179","idStr":"3577572638691179"},"htmlText":"true","listText":"true","text":"true","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/126625328","repostId":1129777651,"repostType":2,"repost":{"id":"1129777651","kind":"news","pubTimestamp":1624349845,"share":"https://ttm.financial/m/news/1129777651?lang=&edition=fundamental","pubTime":"2021-06-22 16:17","market":"us","language":"en","title":"Bitcoin tests a key level as the cryptocurrency falls below $33,000","url":"https://stock-news.laohu8.com/highlight/detail?id=1129777651","media":"CNBC","summary":"The price of bitcoin slumped to a pivotal level after it fell to a two-week low early Monday.Bitcoinhovered around $32,000 range throughout the day, down 50% from its April all-time high, following news that China has intensified its crackdown on crypto mining operations. Its central bank also ordered Alipay and other major financial institutions to de-risk cryptocurrency businesses.The notoriously volatile cryptocurrency has struggled to reclaim its highs from earlier in the quarter. The price ","content":"<div>\n<p>The price of bitcoin slumped to a pivotal level after it fell to a two-week low early Monday.\nBitcoinhovered around $32,000 range throughout the day, down 50% from its April all-time high, following ...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/21/bitcoin-tests-a-key-level-as-the-cryptocurrency-falls-below-33000.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Bitcoin tests a key level as the cryptocurrency falls below $33,000</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBitcoin tests a key level as the cryptocurrency falls below $33,000\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-22 16:17 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/06/21/bitcoin-tests-a-key-level-as-the-cryptocurrency-falls-below-33000.html><strong>CNBC</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The price of bitcoin slumped to a pivotal level after it fell to a two-week low early Monday.\nBitcoinhovered around $32,000 range throughout the day, down 50% from its April all-time high, following ...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/21/bitcoin-tests-a-key-level-as-the-cryptocurrency-falls-below-33000.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"COIN":"Coinbase Global, Inc.","GBTC":"Grayscale Bitcoin Trust"},"source_url":"https://www.cnbc.com/2021/06/21/bitcoin-tests-a-key-level-as-the-cryptocurrency-falls-below-33000.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1129777651","content_text":"The price of bitcoin slumped to a pivotal level after it fell to a two-week low early Monday.\nBitcoinhovered around $32,000 range throughout the day, down 50% from its April all-time high, following news that China has intensified its crackdown on crypto mining operations. Its central bank also ordered Alipay and other major financial institutions to de-risk cryptocurrency businesses.\nThe notoriously volatile cryptocurrency has struggled to reclaim its highs from earlier in the quarter. The price first fell to $32,000 in early June and has been on a rollercoaster ride before briefly touching $40,000 last week.\nBut Fairlead Strategies founder Katie Stockton thinks that drop doesn’t represent a significant breakdown and should stabilize in the days ahead.\nFinding the support level\nAnalysts covering bitcoin are watching it closely because its price is slipping to its so-called “support level.” A support level is essentially a lower price at which investors are still willing to purchase the asset.\n“There are oversold buy signals that are arising with this downdraft that make it more likely that support will be discovered,” Stockton said Monday.\nStockton said she’s calling the support level $34,000, based in part on a 50% pullback on the uptrend thatbegan off the March 2020 low. That’s being tested now, based on various technical factors, including the 200-day moving average and the previous lows.\nOppenheimer senior analyst Ari Wald said $30,000 is the key level, and that it should hold at current levels.\nEarlier this month, analysts said the price couldfall as low as $20,000.\n“Bitcoin fell below its 200-day moving average, which signifies a change in trend,” Wald said. “We are not necessarily expecting a blast off and a resumption of that strong fourth quarter move that bitcoin had,” when the price climbed steadily throughout the quarter to a new all-time high in the new year.\n“We see a lot of similarities now to how bitcoin traded at points in 2018 and 2019, where it fell towards the lower end of a range, but subsequent trading was just that – it was a range, and upside was somewhat limited and muted,” Wald said.\n“On the upside it looks like $40,000 appears to be have some key resistance that has limited trading for bitcoin over the last month,” he added.\nA moving target\nSupport represents a potential area of buying pressure and is often based on a moving average of price, though it can also be where an asset has found buyers in the past, like the previous low on the chart.\nA more significant breakdown would be two daily closes below the current level of $32,000 in the short term, or two weekly closes below in the intermediate to long term, Fairlead Strategies’ Stockton said.\n“This week’s price action will be important, because if we don’t see a reaction to these oversold signals, that would create some risk,” she said. “The way things are set up, there should be, after today, stabilization. If they keep going lower from here, then we will start to see decisive breakdowns and we will see a non-reaction to the oversold reading.”","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":129678361,"gmtCreate":1624372387353,"gmtModify":1703834803142,"author":{"id":"3586768179019398","authorId":"3586768179019398","name":"EllyneOng","avatar":"https://static.tigerbbs.com/f2663ce81d9196675b65b1bf2c93d4d4","vip":1,"crmLevel":1,"crmLevelSwitch":0,"authorIdStr":"3586768179019398","idStr":"3586768179019398"},"htmlText":"Buy&nbsp;","listText":"Buy&nbsp;","text":"Buy","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/129678361","repostId":1129777651,"repostType":4,"repost":{"id":"1129777651","kind":"news","pubTimestamp":1624349845,"share":"https://ttm.financial/m/news/1129777651?lang=&edition=fundamental","pubTime":"2021-06-22 16:17","market":"us","language":"en","title":"Bitcoin tests a key level as the cryptocurrency falls below $33,000","url":"https://stock-news.laohu8.com/highlight/detail?id=1129777651","media":"CNBC","summary":"The price of bitcoin slumped to a pivotal level after it fell to a two-week low early Monday.Bitcoinhovered around $32,000 range throughout the day, down 50% from its April all-time high, following news that China has intensified its crackdown on crypto mining operations. Its central bank also ordered Alipay and other major financial institutions to de-risk cryptocurrency businesses.The notoriously volatile cryptocurrency has struggled to reclaim its highs from earlier in the quarter. The price ","content":"<div>\n<p>The price of bitcoin slumped to a pivotal level after it fell to a two-week low early Monday.\nBitcoinhovered around $32,000 range throughout the day, down 50% from its April all-time high, following ...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/21/bitcoin-tests-a-key-level-as-the-cryptocurrency-falls-below-33000.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Bitcoin tests a key level as the cryptocurrency falls below $33,000</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBitcoin tests a key level as the cryptocurrency falls below $33,000\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-22 16:17 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/06/21/bitcoin-tests-a-key-level-as-the-cryptocurrency-falls-below-33000.html><strong>CNBC</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The price of bitcoin slumped to a pivotal level after it fell to a two-week low early Monday.\nBitcoinhovered around $32,000 range throughout the day, down 50% from its April all-time high, following ...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/21/bitcoin-tests-a-key-level-as-the-cryptocurrency-falls-below-33000.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"COIN":"Coinbase Global, Inc.","GBTC":"Grayscale Bitcoin Trust"},"source_url":"https://www.cnbc.com/2021/06/21/bitcoin-tests-a-key-level-as-the-cryptocurrency-falls-below-33000.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1129777651","content_text":"The price of bitcoin slumped to a pivotal level after it fell to a two-week low early Monday.\nBitcoinhovered around $32,000 range throughout the day, down 50% from its April all-time high, following news that China has intensified its crackdown on crypto mining operations. Its central bank also ordered Alipay and other major financial institutions to de-risk cryptocurrency businesses.\nThe notoriously volatile cryptocurrency has struggled to reclaim its highs from earlier in the quarter. The price first fell to $32,000 in early June and has been on a rollercoaster ride before briefly touching $40,000 last week.\nBut Fairlead Strategies founder Katie Stockton thinks that drop doesn’t represent a significant breakdown and should stabilize in the days ahead.\nFinding the support level\nAnalysts covering bitcoin are watching it closely because its price is slipping to its so-called “support level.” A support level is essentially a lower price at which investors are still willing to purchase the asset.\n“There are oversold buy signals that are arising with this downdraft that make it more likely that support will be discovered,” Stockton said Monday.\nStockton said she’s calling the support level $34,000, based in part on a 50% pullback on the uptrend thatbegan off the March 2020 low. That’s being tested now, based on various technical factors, including the 200-day moving average and the previous lows.\nOppenheimer senior analyst Ari Wald said $30,000 is the key level, and that it should hold at current levels.\nEarlier this month, analysts said the price couldfall as low as $20,000.\n“Bitcoin fell below its 200-day moving average, which signifies a change in trend,” Wald said. “We are not necessarily expecting a blast off and a resumption of that strong fourth quarter move that bitcoin had,” when the price climbed steadily throughout the quarter to a new all-time high in the new year.\n“We see a lot of similarities now to how bitcoin traded at points in 2018 and 2019, where it fell towards the lower end of a range, but subsequent trading was just that – it was a range, and upside was somewhat limited and muted,” Wald said.\n“On the upside it looks like $40,000 appears to be have some key resistance that has limited trading for bitcoin over the last month,” he added.\nA moving target\nSupport represents a potential area of buying pressure and is often based on a moving average of price, though it can also be where an asset has found buyers in the past, like the previous low on the chart.\nA more significant breakdown would be two daily closes below the current level of $32,000 in the short term, or two weekly closes below in the intermediate to long term, Fairlead Strategies’ Stockton said.\n“This week’s price action will be important, because if we don’t see a reaction to these oversold signals, that would create some risk,” she said. “The way things are set up, there should be, after today, stabilization. If they keep going lower from here, then we will start to see decisive breakdowns and we will see a non-reaction to the oversold reading.”","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":129184547,"gmtCreate":1624365321589,"gmtModify":1703834454786,"author":{"id":"4087437757420620","authorId":"4087437757420620","name":"IMRainmaker","avatar":"https://static.tigerbbs.com/18fb455bb4d6638a7868eb281bc37d7c","vip":1,"crmLevel":2,"crmLevelSwitch":1,"authorIdStr":"4087437757420620","idStr":"4087437757420620"},"htmlText":"Bitcoin may fall below 25k in near term","listText":"Bitcoin may fall below 25k in near term","text":"Bitcoin may fall below 25k in near term","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/129184547","repostId":1129777651,"repostType":4,"repost":{"id":"1129777651","kind":"news","pubTimestamp":1624349845,"share":"https://ttm.financial/m/news/1129777651?lang=&edition=fundamental","pubTime":"2021-06-22 16:17","market":"us","language":"en","title":"Bitcoin tests a key level as the cryptocurrency falls below $33,000","url":"https://stock-news.laohu8.com/highlight/detail?id=1129777651","media":"CNBC","summary":"The price of bitcoin slumped to a pivotal level after it fell to a two-week low early Monday.Bitcoinhovered around $32,000 range throughout the day, down 50% from its April all-time high, following news that China has intensified its crackdown on crypto mining operations. Its central bank also ordered Alipay and other major financial institutions to de-risk cryptocurrency businesses.The notoriously volatile cryptocurrency has struggled to reclaim its highs from earlier in the quarter. The price ","content":"<div>\n<p>The price of bitcoin slumped to a pivotal level after it fell to a two-week low early Monday.\nBitcoinhovered around $32,000 range throughout the day, down 50% from its April all-time high, following ...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/21/bitcoin-tests-a-key-level-as-the-cryptocurrency-falls-below-33000.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Bitcoin tests a key level as the cryptocurrency falls below $33,000</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBitcoin tests a key level as the cryptocurrency falls below $33,000\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-22 16:17 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/06/21/bitcoin-tests-a-key-level-as-the-cryptocurrency-falls-below-33000.html><strong>CNBC</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The price of bitcoin slumped to a pivotal level after it fell to a two-week low early Monday.\nBitcoinhovered around $32,000 range throughout the day, down 50% from its April all-time high, following ...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/21/bitcoin-tests-a-key-level-as-the-cryptocurrency-falls-below-33000.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"COIN":"Coinbase Global, Inc.","GBTC":"Grayscale Bitcoin Trust"},"source_url":"https://www.cnbc.com/2021/06/21/bitcoin-tests-a-key-level-as-the-cryptocurrency-falls-below-33000.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1129777651","content_text":"The price of bitcoin slumped to a pivotal level after it fell to a two-week low early Monday.\nBitcoinhovered around $32,000 range throughout the day, down 50% from its April all-time high, following news that China has intensified its crackdown on crypto mining operations. Its central bank also ordered Alipay and other major financial institutions to de-risk cryptocurrency businesses.\nThe notoriously volatile cryptocurrency has struggled to reclaim its highs from earlier in the quarter. The price first fell to $32,000 in early June and has been on a rollercoaster ride before briefly touching $40,000 last week.\nBut Fairlead Strategies founder Katie Stockton thinks that drop doesn’t represent a significant breakdown and should stabilize in the days ahead.\nFinding the support level\nAnalysts covering bitcoin are watching it closely because its price is slipping to its so-called “support level.” A support level is essentially a lower price at which investors are still willing to purchase the asset.\n“There are oversold buy signals that are arising with this downdraft that make it more likely that support will be discovered,” Stockton said Monday.\nStockton said she’s calling the support level $34,000, based in part on a 50% pullback on the uptrend thatbegan off the March 2020 low. That’s being tested now, based on various technical factors, including the 200-day moving average and the previous lows.\nOppenheimer senior analyst Ari Wald said $30,000 is the key level, and that it should hold at current levels.\nEarlier this month, analysts said the price couldfall as low as $20,000.\n“Bitcoin fell below its 200-day moving average, which signifies a change in trend,” Wald said. “We are not necessarily expecting a blast off and a resumption of that strong fourth quarter move that bitcoin had,” when the price climbed steadily throughout the quarter to a new all-time high in the new year.\n“We see a lot of similarities now to how bitcoin traded at points in 2018 and 2019, where it fell towards the lower end of a range, but subsequent trading was just that – it was a range, and upside was somewhat limited and muted,” Wald said.\n“On the upside it looks like $40,000 appears to be have some key resistance that has limited trading for bitcoin over the last month,” he added.\nA moving target\nSupport represents a potential area of buying pressure and is often based on a moving average of price, though it can also be where an asset has found buyers in the past, like the previous low on the chart.\nA more significant breakdown would be two daily closes below the current level of $32,000 in the short term, or two weekly closes below in the intermediate to long term, Fairlead Strategies’ Stockton said.\n“This week’s price action will be important, because if we don’t see a reaction to these oversold signals, that would create some risk,” she said. “The way things are set up, there should be, after today, stabilization. If they keep going lower from here, then we will start to see decisive breakdowns and we will see a non-reaction to the oversold reading.”","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":129369496,"gmtCreate":1624359846815,"gmtModify":1703834316933,"author":{"id":"3579773261122554","authorId":"3579773261122554","name":"FilexTeh","avatar":"https://community-static.tradeup.com/news/b191bba541da983fb1eec394c2dfe69b","vip":1,"crmLevel":3,"crmLevelSwitch":0,"authorIdStr":"3579773261122554","idStr":"3579773261122554"},"htmlText":"Like &amp; comment","listText":"Like &amp; comment","text":"Like & comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/129369496","repostId":1129777651,"repostType":4,"repost":{"id":"1129777651","kind":"news","pubTimestamp":1624349845,"share":"https://ttm.financial/m/news/1129777651?lang=&edition=fundamental","pubTime":"2021-06-22 16:17","market":"us","language":"en","title":"Bitcoin tests a key level as the cryptocurrency falls below $33,000","url":"https://stock-news.laohu8.com/highlight/detail?id=1129777651","media":"CNBC","summary":"The price of bitcoin slumped to a pivotal level after it fell to a two-week low early Monday.Bitcoinhovered around $32,000 range throughout the day, down 50% from its April all-time high, following news that China has intensified its crackdown on crypto mining operations. Its central bank also ordered Alipay and other major financial institutions to de-risk cryptocurrency businesses.The notoriously volatile cryptocurrency has struggled to reclaim its highs from earlier in the quarter. The price ","content":"<div>\n<p>The price of bitcoin slumped to a pivotal level after it fell to a two-week low early Monday.\nBitcoinhovered around $32,000 range throughout the day, down 50% from its April all-time high, following ...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/21/bitcoin-tests-a-key-level-as-the-cryptocurrency-falls-below-33000.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Bitcoin tests a key level as the cryptocurrency falls below $33,000</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBitcoin tests a key level as the cryptocurrency falls below $33,000\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-22 16:17 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/06/21/bitcoin-tests-a-key-level-as-the-cryptocurrency-falls-below-33000.html><strong>CNBC</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The price of bitcoin slumped to a pivotal level after it fell to a two-week low early Monday.\nBitcoinhovered around $32,000 range throughout the day, down 50% from its April all-time high, following ...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/21/bitcoin-tests-a-key-level-as-the-cryptocurrency-falls-below-33000.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"COIN":"Coinbase Global, Inc.","GBTC":"Grayscale Bitcoin Trust"},"source_url":"https://www.cnbc.com/2021/06/21/bitcoin-tests-a-key-level-as-the-cryptocurrency-falls-below-33000.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1129777651","content_text":"The price of bitcoin slumped to a pivotal level after it fell to a two-week low early Monday.\nBitcoinhovered around $32,000 range throughout the day, down 50% from its April all-time high, following news that China has intensified its crackdown on crypto mining operations. Its central bank also ordered Alipay and other major financial institutions to de-risk cryptocurrency businesses.\nThe notoriously volatile cryptocurrency has struggled to reclaim its highs from earlier in the quarter. The price first fell to $32,000 in early June and has been on a rollercoaster ride before briefly touching $40,000 last week.\nBut Fairlead Strategies founder Katie Stockton thinks that drop doesn’t represent a significant breakdown and should stabilize in the days ahead.\nFinding the support level\nAnalysts covering bitcoin are watching it closely because its price is slipping to its so-called “support level.” A support level is essentially a lower price at which investors are still willing to purchase the asset.\n“There are oversold buy signals that are arising with this downdraft that make it more likely that support will be discovered,” Stockton said Monday.\nStockton said she’s calling the support level $34,000, based in part on a 50% pullback on the uptrend thatbegan off the March 2020 low. That’s being tested now, based on various technical factors, including the 200-day moving average and the previous lows.\nOppenheimer senior analyst Ari Wald said $30,000 is the key level, and that it should hold at current levels.\nEarlier this month, analysts said the price couldfall as low as $20,000.\n“Bitcoin fell below its 200-day moving average, which signifies a change in trend,” Wald said. “We are not necessarily expecting a blast off and a resumption of that strong fourth quarter move that bitcoin had,” when the price climbed steadily throughout the quarter to a new all-time high in the new year.\n“We see a lot of similarities now to how bitcoin traded at points in 2018 and 2019, where it fell towards the lower end of a range, but subsequent trading was just that – it was a range, and upside was somewhat limited and muted,” Wald said.\n“On the upside it looks like $40,000 appears to be have some key resistance that has limited trading for bitcoin over the last month,” he added.\nA moving target\nSupport represents a potential area of buying pressure and is often based on a moving average of price, though it can also be where an asset has found buyers in the past, like the previous low on the chart.\nA more significant breakdown would be two daily closes below the current level of $32,000 in the short term, or two weekly closes below in the intermediate to long term, Fairlead Strategies’ Stockton said.\n“This week’s price action will be important, because if we don’t see a reaction to these oversold signals, that would create some risk,” she said. “The way things are set up, there should be, after today, stabilization. If they keep going lower from here, then we will start to see decisive breakdowns and we will see a non-reaction to the oversold reading.”","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":129395733,"gmtCreate":1624357156322,"gmtModify":1703834268606,"author":{"id":"3576491867633529","authorId":"3576491867633529","name":"FFE","avatar":"https://static.tigerbbs.com/4ffa41dea6894aac6a21859912e31f1a","vip":1,"crmLevel":2,"crmLevelSwitch":0,"authorIdStr":"3576491867633529","idStr":"3576491867633529"},"htmlText":"Come on","listText":"Come on","text":"Come on","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/129395733","repostId":1129777651,"repostType":2,"repost":{"id":"1129777651","kind":"news","pubTimestamp":1624349845,"share":"https://ttm.financial/m/news/1129777651?lang=&edition=fundamental","pubTime":"2021-06-22 16:17","market":"us","language":"en","title":"Bitcoin tests a key level as the cryptocurrency falls below $33,000","url":"https://stock-news.laohu8.com/highlight/detail?id=1129777651","media":"CNBC","summary":"The price of bitcoin slumped to a pivotal level after it fell to a two-week low early Monday.Bitcoinhovered around $32,000 range throughout the day, down 50% from its April all-time high, following news that China has intensified its crackdown on crypto mining operations. Its central bank also ordered Alipay and other major financial institutions to de-risk cryptocurrency businesses.The notoriously volatile cryptocurrency has struggled to reclaim its highs from earlier in the quarter. The price ","content":"<div>\n<p>The price of bitcoin slumped to a pivotal level after it fell to a two-week low early Monday.\nBitcoinhovered around $32,000 range throughout the day, down 50% from its April all-time high, following ...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/21/bitcoin-tests-a-key-level-as-the-cryptocurrency-falls-below-33000.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Bitcoin tests a key level as the cryptocurrency falls below $33,000</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBitcoin tests a key level as the cryptocurrency falls below $33,000\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-22 16:17 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/06/21/bitcoin-tests-a-key-level-as-the-cryptocurrency-falls-below-33000.html><strong>CNBC</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The price of bitcoin slumped to a pivotal level after it fell to a two-week low early Monday.\nBitcoinhovered around $32,000 range throughout the day, down 50% from its April all-time high, following ...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/21/bitcoin-tests-a-key-level-as-the-cryptocurrency-falls-below-33000.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"COIN":"Coinbase Global, Inc.","GBTC":"Grayscale Bitcoin Trust"},"source_url":"https://www.cnbc.com/2021/06/21/bitcoin-tests-a-key-level-as-the-cryptocurrency-falls-below-33000.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1129777651","content_text":"The price of bitcoin slumped to a pivotal level after it fell to a two-week low early Monday.\nBitcoinhovered around $32,000 range throughout the day, down 50% from its April all-time high, following news that China has intensified its crackdown on crypto mining operations. Its central bank also ordered Alipay and other major financial institutions to de-risk cryptocurrency businesses.\nThe notoriously volatile cryptocurrency has struggled to reclaim its highs from earlier in the quarter. The price first fell to $32,000 in early June and has been on a rollercoaster ride before briefly touching $40,000 last week.\nBut Fairlead Strategies founder Katie Stockton thinks that drop doesn’t represent a significant breakdown and should stabilize in the days ahead.\nFinding the support level\nAnalysts covering bitcoin are watching it closely because its price is slipping to its so-called “support level.” A support level is essentially a lower price at which investors are still willing to purchase the asset.\n“There are oversold buy signals that are arising with this downdraft that make it more likely that support will be discovered,” Stockton said Monday.\nStockton said she’s calling the support level $34,000, based in part on a 50% pullback on the uptrend thatbegan off the March 2020 low. That’s being tested now, based on various technical factors, including the 200-day moving average and the previous lows.\nOppenheimer senior analyst Ari Wald said $30,000 is the key level, and that it should hold at current levels.\nEarlier this month, analysts said the price couldfall as low as $20,000.\n“Bitcoin fell below its 200-day moving average, which signifies a change in trend,” Wald said. “We are not necessarily expecting a blast off and a resumption of that strong fourth quarter move that bitcoin had,” when the price climbed steadily throughout the quarter to a new all-time high in the new year.\n“We see a lot of similarities now to how bitcoin traded at points in 2018 and 2019, where it fell towards the lower end of a range, but subsequent trading was just that – it was a range, and upside was somewhat limited and muted,” Wald said.\n“On the upside it looks like $40,000 appears to be have some key resistance that has limited trading for bitcoin over the last month,” he added.\nA moving target\nSupport represents a potential area of buying pressure and is often based on a moving average of price, though it can also be where an asset has found buyers in the past, like the previous low on the chart.\nA more significant breakdown would be two daily closes below the current level of $32,000 in the short term, or two weekly closes below in the intermediate to long term, Fairlead Strategies’ Stockton said.\n“This week’s price action will be important, because if we don’t see a reaction to these oversold signals, that would create some risk,” she said. “The way things are set up, there should be, after today, stabilization. If they keep going lower from here, then we will start to see decisive breakdowns and we will see a non-reaction to the oversold reading.”","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":129303049,"gmtCreate":1624355850781,"gmtModify":1703834245940,"author":{"id":"3581741074013470","authorId":"3581741074013470","name":"Luiz","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":3,"crmLevelSwitch":0,"authorIdStr":"3581741074013470","idStr":"3581741074013470"},"htmlText":"??","listText":"??","text":"??","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/129303049","repostId":1129777651,"repostType":4,"repost":{"id":"1129777651","kind":"news","pubTimestamp":1624349845,"share":"https://ttm.financial/m/news/1129777651?lang=&edition=fundamental","pubTime":"2021-06-22 16:17","market":"us","language":"en","title":"Bitcoin tests a key level as the cryptocurrency falls below $33,000","url":"https://stock-news.laohu8.com/highlight/detail?id=1129777651","media":"CNBC","summary":"The price of bitcoin slumped to a pivotal level after it fell to a two-week low early Monday.Bitcoinhovered around $32,000 range throughout the day, down 50% from its April all-time high, following news that China has intensified its crackdown on crypto mining operations. Its central bank also ordered Alipay and other major financial institutions to de-risk cryptocurrency businesses.The notoriously volatile cryptocurrency has struggled to reclaim its highs from earlier in the quarter. The price ","content":"<div>\n<p>The price of bitcoin slumped to a pivotal level after it fell to a two-week low early Monday.\nBitcoinhovered around $32,000 range throughout the day, down 50% from its April all-time high, following ...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/21/bitcoin-tests-a-key-level-as-the-cryptocurrency-falls-below-33000.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Bitcoin tests a key level as the cryptocurrency falls below $33,000</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBitcoin tests a key level as the cryptocurrency falls below $33,000\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-22 16:17 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/06/21/bitcoin-tests-a-key-level-as-the-cryptocurrency-falls-below-33000.html><strong>CNBC</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The price of bitcoin slumped to a pivotal level after it fell to a two-week low early Monday.\nBitcoinhovered around $32,000 range throughout the day, down 50% from its April all-time high, following ...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/21/bitcoin-tests-a-key-level-as-the-cryptocurrency-falls-below-33000.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"COIN":"Coinbase Global, Inc.","GBTC":"Grayscale Bitcoin Trust"},"source_url":"https://www.cnbc.com/2021/06/21/bitcoin-tests-a-key-level-as-the-cryptocurrency-falls-below-33000.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1129777651","content_text":"The price of bitcoin slumped to a pivotal level after it fell to a two-week low early Monday.\nBitcoinhovered around $32,000 range throughout the day, down 50% from its April all-time high, following news that China has intensified its crackdown on crypto mining operations. Its central bank also ordered Alipay and other major financial institutions to de-risk cryptocurrency businesses.\nThe notoriously volatile cryptocurrency has struggled to reclaim its highs from earlier in the quarter. The price first fell to $32,000 in early June and has been on a rollercoaster ride before briefly touching $40,000 last week.\nBut Fairlead Strategies founder Katie Stockton thinks that drop doesn’t represent a significant breakdown and should stabilize in the days ahead.\nFinding the support level\nAnalysts covering bitcoin are watching it closely because its price is slipping to its so-called “support level.” A support level is essentially a lower price at which investors are still willing to purchase the asset.\n“There are oversold buy signals that are arising with this downdraft that make it more likely that support will be discovered,” Stockton said Monday.\nStockton said she’s calling the support level $34,000, based in part on a 50% pullback on the uptrend thatbegan off the March 2020 low. That’s being tested now, based on various technical factors, including the 200-day moving average and the previous lows.\nOppenheimer senior analyst Ari Wald said $30,000 is the key level, and that it should hold at current levels.\nEarlier this month, analysts said the price couldfall as low as $20,000.\n“Bitcoin fell below its 200-day moving average, which signifies a change in trend,” Wald said. “We are not necessarily expecting a blast off and a resumption of that strong fourth quarter move that bitcoin had,” when the price climbed steadily throughout the quarter to a new all-time high in the new year.\n“We see a lot of similarities now to how bitcoin traded at points in 2018 and 2019, where it fell towards the lower end of a range, but subsequent trading was just that – it was a range, and upside was somewhat limited and muted,” Wald said.\n“On the upside it looks like $40,000 appears to be have some key resistance that has limited trading for bitcoin over the last month,” he added.\nA moving target\nSupport represents a potential area of buying pressure and is often based on a moving average of price, though it can also be where an asset has found buyers in the past, like the previous low on the chart.\nA more significant breakdown would be two daily closes below the current level of $32,000 in the short term, or two weekly closes below in the intermediate to long term, Fairlead Strategies’ Stockton said.\n“This week’s price action will be important, because if we don’t see a reaction to these oversold signals, that would create some risk,” she said. “The way things are set up, there should be, after today, stabilization. If they keep going lower from here, then we will start to see decisive breakdowns and we will see a non-reaction to the oversold reading.”","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":129973785,"gmtCreate":1624355035947,"gmtModify":1703834232990,"author":{"id":"3586813184679818","authorId":"3586813184679818","name":"MD21","avatar":"https://static.tigerbbs.com/6fd1d9a00dc8d75ef0aac6a9ace485d7","vip":1,"crmLevel":4,"crmLevelSwitch":0,"authorIdStr":"3586813184679818","idStr":"3586813184679818"},"htmlText":"Wow","listText":"Wow","text":"Wow","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/129973785","repostId":1129777651,"repostType":4,"repost":{"id":"1129777651","kind":"news","pubTimestamp":1624349845,"share":"https://ttm.financial/m/news/1129777651?lang=&edition=fundamental","pubTime":"2021-06-22 16:17","market":"us","language":"en","title":"Bitcoin tests a key level as the cryptocurrency falls below $33,000","url":"https://stock-news.laohu8.com/highlight/detail?id=1129777651","media":"CNBC","summary":"The price of bitcoin slumped to a pivotal level after it fell to a two-week low early Monday.Bitcoinhovered around $32,000 range throughout the day, down 50% from its April all-time high, following news that China has intensified its crackdown on crypto mining operations. Its central bank also ordered Alipay and other major financial institutions to de-risk cryptocurrency businesses.The notoriously volatile cryptocurrency has struggled to reclaim its highs from earlier in the quarter. The price ","content":"<div>\n<p>The price of bitcoin slumped to a pivotal level after it fell to a two-week low early Monday.\nBitcoinhovered around $32,000 range throughout the day, down 50% from its April all-time high, following ...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/21/bitcoin-tests-a-key-level-as-the-cryptocurrency-falls-below-33000.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Bitcoin tests a key level as the cryptocurrency falls below $33,000</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBitcoin tests a key level as the cryptocurrency falls below $33,000\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-22 16:17 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/06/21/bitcoin-tests-a-key-level-as-the-cryptocurrency-falls-below-33000.html><strong>CNBC</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The price of bitcoin slumped to a pivotal level after it fell to a two-week low early Monday.\nBitcoinhovered around $32,000 range throughout the day, down 50% from its April all-time high, following ...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/21/bitcoin-tests-a-key-level-as-the-cryptocurrency-falls-below-33000.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"COIN":"Coinbase Global, Inc.","GBTC":"Grayscale Bitcoin Trust"},"source_url":"https://www.cnbc.com/2021/06/21/bitcoin-tests-a-key-level-as-the-cryptocurrency-falls-below-33000.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1129777651","content_text":"The price of bitcoin slumped to a pivotal level after it fell to a two-week low early Monday.\nBitcoinhovered around $32,000 range throughout the day, down 50% from its April all-time high, following news that China has intensified its crackdown on crypto mining operations. Its central bank also ordered Alipay and other major financial institutions to de-risk cryptocurrency businesses.\nThe notoriously volatile cryptocurrency has struggled to reclaim its highs from earlier in the quarter. The price first fell to $32,000 in early June and has been on a rollercoaster ride before briefly touching $40,000 last week.\nBut Fairlead Strategies founder Katie Stockton thinks that drop doesn’t represent a significant breakdown and should stabilize in the days ahead.\nFinding the support level\nAnalysts covering bitcoin are watching it closely because its price is slipping to its so-called “support level.” A support level is essentially a lower price at which investors are still willing to purchase the asset.\n“There are oversold buy signals that are arising with this downdraft that make it more likely that support will be discovered,” Stockton said Monday.\nStockton said she’s calling the support level $34,000, based in part on a 50% pullback on the uptrend thatbegan off the March 2020 low. That’s being tested now, based on various technical factors, including the 200-day moving average and the previous lows.\nOppenheimer senior analyst Ari Wald said $30,000 is the key level, and that it should hold at current levels.\nEarlier this month, analysts said the price couldfall as low as $20,000.\n“Bitcoin fell below its 200-day moving average, which signifies a change in trend,” Wald said. “We are not necessarily expecting a blast off and a resumption of that strong fourth quarter move that bitcoin had,” when the price climbed steadily throughout the quarter to a new all-time high in the new year.\n“We see a lot of similarities now to how bitcoin traded at points in 2018 and 2019, where it fell towards the lower end of a range, but subsequent trading was just that – it was a range, and upside was somewhat limited and muted,” Wald said.\n“On the upside it looks like $40,000 appears to be have some key resistance that has limited trading for bitcoin over the last month,” he added.\nA moving target\nSupport represents a potential area of buying pressure and is often based on a moving average of price, though it can also be where an asset has found buyers in the past, like the previous low on the chart.\nA more significant breakdown would be two daily closes below the current level of $32,000 in the short term, or two weekly closes below in the intermediate to long term, Fairlead Strategies’ Stockton said.\n“This week’s price action will be important, because if we don’t see a reaction to these oversold signals, that would create some risk,” she said. “The way things are set up, there should be, after today, stabilization. If they keep going lower from here, then we will start to see decisive breakdowns and we will see a non-reaction to the oversold reading.”","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":129962274,"gmtCreate":1624352296398,"gmtModify":1703834179613,"author":{"id":"3566032787349185","authorId":"3566032787349185","name":"Khoogl","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":2,"crmLevelSwitch":0,"authorIdStr":"3566032787349185","idStr":"3566032787349185"},"htmlText":"Latest&nbsp;","listText":"Latest&nbsp;","text":"Latest","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/129962274","repostId":1129777651,"repostType":4,"repost":{"id":"1129777651","kind":"news","pubTimestamp":1624349845,"share":"https://ttm.financial/m/news/1129777651?lang=&edition=fundamental","pubTime":"2021-06-22 16:17","market":"us","language":"en","title":"Bitcoin tests a key level as the cryptocurrency falls below $33,000","url":"https://stock-news.laohu8.com/highlight/detail?id=1129777651","media":"CNBC","summary":"The price of bitcoin slumped to a pivotal level after it fell to a two-week low early Monday.Bitcoinhovered around $32,000 range throughout the day, down 50% from its April all-time high, following news that China has intensified its crackdown on crypto mining operations. Its central bank also ordered Alipay and other major financial institutions to de-risk cryptocurrency businesses.The notoriously volatile cryptocurrency has struggled to reclaim its highs from earlier in the quarter. The price ","content":"<div>\n<p>The price of bitcoin slumped to a pivotal level after it fell to a two-week low early Monday.\nBitcoinhovered around $32,000 range throughout the day, down 50% from its April all-time high, following ...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/21/bitcoin-tests-a-key-level-as-the-cryptocurrency-falls-below-33000.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Bitcoin tests a key level as the cryptocurrency falls below $33,000</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBitcoin tests a key level as the cryptocurrency falls below $33,000\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-22 16:17 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/06/21/bitcoin-tests-a-key-level-as-the-cryptocurrency-falls-below-33000.html><strong>CNBC</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The price of bitcoin slumped to a pivotal level after it fell to a two-week low early Monday.\nBitcoinhovered around $32,000 range throughout the day, down 50% from its April all-time high, following ...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/21/bitcoin-tests-a-key-level-as-the-cryptocurrency-falls-below-33000.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"COIN":"Coinbase Global, Inc.","GBTC":"Grayscale Bitcoin Trust"},"source_url":"https://www.cnbc.com/2021/06/21/bitcoin-tests-a-key-level-as-the-cryptocurrency-falls-below-33000.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1129777651","content_text":"The price of bitcoin slumped to a pivotal level after it fell to a two-week low early Monday.\nBitcoinhovered around $32,000 range throughout the day, down 50% from its April all-time high, following news that China has intensified its crackdown on crypto mining operations. Its central bank also ordered Alipay and other major financial institutions to de-risk cryptocurrency businesses.\nThe notoriously volatile cryptocurrency has struggled to reclaim its highs from earlier in the quarter. The price first fell to $32,000 in early June and has been on a rollercoaster ride before briefly touching $40,000 last week.\nBut Fairlead Strategies founder Katie Stockton thinks that drop doesn’t represent a significant breakdown and should stabilize in the days ahead.\nFinding the support level\nAnalysts covering bitcoin are watching it closely because its price is slipping to its so-called “support level.” A support level is essentially a lower price at which investors are still willing to purchase the asset.\n“There are oversold buy signals that are arising with this downdraft that make it more likely that support will be discovered,” Stockton said Monday.\nStockton said she’s calling the support level $34,000, based in part on a 50% pullback on the uptrend thatbegan off the March 2020 low. That’s being tested now, based on various technical factors, including the 200-day moving average and the previous lows.\nOppenheimer senior analyst Ari Wald said $30,000 is the key level, and that it should hold at current levels.\nEarlier this month, analysts said the price couldfall as low as $20,000.\n“Bitcoin fell below its 200-day moving average, which signifies a change in trend,” Wald said. “We are not necessarily expecting a blast off and a resumption of that strong fourth quarter move that bitcoin had,” when the price climbed steadily throughout the quarter to a new all-time high in the new year.\n“We see a lot of similarities now to how bitcoin traded at points in 2018 and 2019, where it fell towards the lower end of a range, but subsequent trading was just that – it was a range, and upside was somewhat limited and muted,” Wald said.\n“On the upside it looks like $40,000 appears to be have some key resistance that has limited trading for bitcoin over the last month,” he added.\nA moving target\nSupport represents a potential area of buying pressure and is often based on a moving average of price, though it can also be where an asset has found buyers in the past, like the previous low on the chart.\nA more significant breakdown would be two daily closes below the current level of $32,000 in the short term, or two weekly closes below in the intermediate to long term, Fairlead Strategies’ Stockton said.\n“This week’s price action will be important, because if we don’t see a reaction to these oversold signals, that would create some risk,” she said. “The way things are set up, there should be, after today, stabilization. If they keep going lower from here, then we will start to see decisive breakdowns and we will see a non-reaction to the oversold reading.”","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":129960671,"gmtCreate":1624351890493,"gmtModify":1703834170624,"author":{"id":"3582878203663303","authorId":"3582878203663303","name":"HappyLucky","avatar":"https://static.tigerbbs.com/13d6b9d7272c895fe344a74529f04c34","vip":1,"crmLevel":2,"crmLevelSwitch":0,"authorIdStr":"3582878203663303","idStr":"3582878203663303"},"htmlText":"??????","listText":"??????","text":"??????","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/129960671","repostId":1129777651,"repostType":4,"repost":{"id":"1129777651","kind":"news","pubTimestamp":1624349845,"share":"https://ttm.financial/m/news/1129777651?lang=&edition=fundamental","pubTime":"2021-06-22 16:17","market":"us","language":"en","title":"Bitcoin tests a key level as the cryptocurrency falls below $33,000","url":"https://stock-news.laohu8.com/highlight/detail?id=1129777651","media":"CNBC","summary":"The price of bitcoin slumped to a pivotal level after it fell to a two-week low early Monday.Bitcoinhovered around $32,000 range throughout the day, down 50% from its April all-time high, following news that China has intensified its crackdown on crypto mining operations. Its central bank also ordered Alipay and other major financial institutions to de-risk cryptocurrency businesses.The notoriously volatile cryptocurrency has struggled to reclaim its highs from earlier in the quarter. The price ","content":"<div>\n<p>The price of bitcoin slumped to a pivotal level after it fell to a two-week low early Monday.\nBitcoinhovered around $32,000 range throughout the day, down 50% from its April all-time high, following ...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/21/bitcoin-tests-a-key-level-as-the-cryptocurrency-falls-below-33000.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Bitcoin tests a key level as the cryptocurrency falls below $33,000</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBitcoin tests a key level as the cryptocurrency falls below $33,000\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-22 16:17 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/06/21/bitcoin-tests-a-key-level-as-the-cryptocurrency-falls-below-33000.html><strong>CNBC</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The price of bitcoin slumped to a pivotal level after it fell to a two-week low early Monday.\nBitcoinhovered around $32,000 range throughout the day, down 50% from its April all-time high, following ...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/21/bitcoin-tests-a-key-level-as-the-cryptocurrency-falls-below-33000.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"COIN":"Coinbase Global, Inc.","GBTC":"Grayscale Bitcoin Trust"},"source_url":"https://www.cnbc.com/2021/06/21/bitcoin-tests-a-key-level-as-the-cryptocurrency-falls-below-33000.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1129777651","content_text":"The price of bitcoin slumped to a pivotal level after it fell to a two-week low early Monday.\nBitcoinhovered around $32,000 range throughout the day, down 50% from its April all-time high, following news that China has intensified its crackdown on crypto mining operations. Its central bank also ordered Alipay and other major financial institutions to de-risk cryptocurrency businesses.\nThe notoriously volatile cryptocurrency has struggled to reclaim its highs from earlier in the quarter. The price first fell to $32,000 in early June and has been on a rollercoaster ride before briefly touching $40,000 last week.\nBut Fairlead Strategies founder Katie Stockton thinks that drop doesn’t represent a significant breakdown and should stabilize in the days ahead.\nFinding the support level\nAnalysts covering bitcoin are watching it closely because its price is slipping to its so-called “support level.” A support level is essentially a lower price at which investors are still willing to purchase the asset.\n“There are oversold buy signals that are arising with this downdraft that make it more likely that support will be discovered,” Stockton said Monday.\nStockton said she’s calling the support level $34,000, based in part on a 50% pullback on the uptrend thatbegan off the March 2020 low. That’s being tested now, based on various technical factors, including the 200-day moving average and the previous lows.\nOppenheimer senior analyst Ari Wald said $30,000 is the key level, and that it should hold at current levels.\nEarlier this month, analysts said the price couldfall as low as $20,000.\n“Bitcoin fell below its 200-day moving average, which signifies a change in trend,” Wald said. “We are not necessarily expecting a blast off and a resumption of that strong fourth quarter move that bitcoin had,” when the price climbed steadily throughout the quarter to a new all-time high in the new year.\n“We see a lot of similarities now to how bitcoin traded at points in 2018 and 2019, where it fell towards the lower end of a range, but subsequent trading was just that – it was a range, and upside was somewhat limited and muted,” Wald said.\n“On the upside it looks like $40,000 appears to be have some key resistance that has limited trading for bitcoin over the last month,” he added.\nA moving target\nSupport represents a potential area of buying pressure and is often based on a moving average of price, though it can also be where an asset has found buyers in the past, like the previous low on the chart.\nA more significant breakdown would be two daily closes below the current level of $32,000 in the short term, or two weekly closes below in the intermediate to long term, Fairlead Strategies’ Stockton said.\n“This week’s price action will be important, because if we don’t see a reaction to these oversold signals, that would create some risk,” she said. “The way things are set up, there should be, after today, stabilization. If they keep going lower from here, then we will start to see decisive breakdowns and we will see a non-reaction to the oversold reading.”","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":129989551,"gmtCreate":1624351214973,"gmtModify":1703834158780,"author":{"id":"3565687171198207","authorId":"3565687171198207","name":"Holla","avatar":"https://static.tigerbbs.com/c0b0e402ff8043410cc67ffccbfe2174","vip":1,"crmLevel":1,"crmLevelSwitch":0,"authorIdStr":"3565687171198207","idStr":"3565687171198207"},"htmlText":"Like my comment pls","listText":"Like my comment pls","text":"Like my comment pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/129989551","repostId":1129777651,"repostType":4,"repost":{"id":"1129777651","kind":"news","pubTimestamp":1624349845,"share":"https://ttm.financial/m/news/1129777651?lang=&edition=fundamental","pubTime":"2021-06-22 16:17","market":"us","language":"en","title":"Bitcoin tests a key level as the cryptocurrency falls below $33,000","url":"https://stock-news.laohu8.com/highlight/detail?id=1129777651","media":"CNBC","summary":"The price of bitcoin slumped to a pivotal level after it fell to a two-week low early Monday.Bitcoinhovered around $32,000 range throughout the day, down 50% from its April all-time high, following news that China has intensified its crackdown on crypto mining operations. Its central bank also ordered Alipay and other major financial institutions to de-risk cryptocurrency businesses.The notoriously volatile cryptocurrency has struggled to reclaim its highs from earlier in the quarter. The price ","content":"<div>\n<p>The price of bitcoin slumped to a pivotal level after it fell to a two-week low early Monday.\nBitcoinhovered around $32,000 range throughout the day, down 50% from its April all-time high, following ...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/21/bitcoin-tests-a-key-level-as-the-cryptocurrency-falls-below-33000.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Bitcoin tests a key level as the cryptocurrency falls below $33,000</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBitcoin tests a key level as the cryptocurrency falls below $33,000\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-22 16:17 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/06/21/bitcoin-tests-a-key-level-as-the-cryptocurrency-falls-below-33000.html><strong>CNBC</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The price of bitcoin slumped to a pivotal level after it fell to a two-week low early Monday.\nBitcoinhovered around $32,000 range throughout the day, down 50% from its April all-time high, following ...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/21/bitcoin-tests-a-key-level-as-the-cryptocurrency-falls-below-33000.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"COIN":"Coinbase Global, Inc.","GBTC":"Grayscale Bitcoin Trust"},"source_url":"https://www.cnbc.com/2021/06/21/bitcoin-tests-a-key-level-as-the-cryptocurrency-falls-below-33000.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1129777651","content_text":"The price of bitcoin slumped to a pivotal level after it fell to a two-week low early Monday.\nBitcoinhovered around $32,000 range throughout the day, down 50% from its April all-time high, following news that China has intensified its crackdown on crypto mining operations. Its central bank also ordered Alipay and other major financial institutions to de-risk cryptocurrency businesses.\nThe notoriously volatile cryptocurrency has struggled to reclaim its highs from earlier in the quarter. The price first fell to $32,000 in early June and has been on a rollercoaster ride before briefly touching $40,000 last week.\nBut Fairlead Strategies founder Katie Stockton thinks that drop doesn’t represent a significant breakdown and should stabilize in the days ahead.\nFinding the support level\nAnalysts covering bitcoin are watching it closely because its price is slipping to its so-called “support level.” A support level is essentially a lower price at which investors are still willing to purchase the asset.\n“There are oversold buy signals that are arising with this downdraft that make it more likely that support will be discovered,” Stockton said Monday.\nStockton said she’s calling the support level $34,000, based in part on a 50% pullback on the uptrend thatbegan off the March 2020 low. That’s being tested now, based on various technical factors, including the 200-day moving average and the previous lows.\nOppenheimer senior analyst Ari Wald said $30,000 is the key level, and that it should hold at current levels.\nEarlier this month, analysts said the price couldfall as low as $20,000.\n“Bitcoin fell below its 200-day moving average, which signifies a change in trend,” Wald said. “We are not necessarily expecting a blast off and a resumption of that strong fourth quarter move that bitcoin had,” when the price climbed steadily throughout the quarter to a new all-time high in the new year.\n“We see a lot of similarities now to how bitcoin traded at points in 2018 and 2019, where it fell towards the lower end of a range, but subsequent trading was just that – it was a range, and upside was somewhat limited and muted,” Wald said.\n“On the upside it looks like $40,000 appears to be have some key resistance that has limited trading for bitcoin over the last month,” he added.\nA moving target\nSupport represents a potential area of buying pressure and is often based on a moving average of price, though it can also be where an asset has found buyers in the past, like the previous low on the chart.\nA more significant breakdown would be two daily closes below the current level of $32,000 in the short term, or two weekly closes below in the intermediate to long term, Fairlead Strategies’ Stockton said.\n“This week’s price action will be important, because if we don’t see a reaction to these oversold signals, that would create some risk,” she said. “The way things are set up, there should be, after today, stabilization. If they keep going lower from here, then we will start to see decisive breakdowns and we will see a non-reaction to the oversold reading.”","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":4952794,"gmtCreate":1624351301277,"gmtModify":1663229709341,"authorId":3575324916676606,"author":{"id":3575324916676606,"idStr":"3575324916676606","authorId":3575324916676606,"name":"OldMan69","avatar":"https://static.tigerbbs.com/a241efdf936287f65139662129e8dae4","vip":1,"crmLevel":7,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":129989551,"type":1,"supId":0,"prevId":0,"content":"like mine too pleasd","text":"like mine too pleasd","html":"like mine too pleasd"},{"id":4952805,"gmtCreate":1624351355543,"gmtModify":1635252165930,"authorId":3579404824612471,"author":{"id":3579404824612471,"idStr":"3579404824612471","authorId":3579404824612471,"name":"yiyoyoyi","avatar":"https://static.tigerbbs.com/d4826e9180ac62d64ba3450047fdf4eb","vip":1,"crmLevel":4,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":129989551,"type":1,"supId":0,"prevId":0,"content":"like mine too","text":"like mine too","html":"like mine too"},{"id":4952968,"gmtCreate":1624352135217,"gmtModify":1624352135217,"authorId":3576371892942792,"author":{"id":3576371892942792,"idStr":"3576371892942792","authorId":3576371892942792,"name":"Gigachad","avatar":"https://static.tigerbbs.com/364a97d9d654c75693bbd29342d265f9","vip":1,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":129989551,"type":1,"supId":4952805,"prevId":0,"content":"Like too thanks ?","text":"Like too thanks ?","html":"Like too thanks ?"}],"langContent":"EN"},{"id":129989631,"gmtCreate":1624351199423,"gmtModify":1703834158294,"author":{"id":"3562676573275376","authorId":"3562676573275376","name":"ZY91","avatar":"https://static.tigerbbs.com/6d50f122ab4e33216acfea13d1173f47","vip":1,"crmLevel":2,"crmLevelSwitch":0,"authorIdStr":"3562676573275376","idStr":"3562676573275376"},"htmlText":"Like and comment pls. Thanks!&nbsp;","listText":"Like and comment pls. Thanks!&nbsp;","text":"Like and comment pls. Thanks!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/129989631","repostId":1129777651,"repostType":4,"repost":{"id":"1129777651","kind":"news","pubTimestamp":1624349845,"share":"https://ttm.financial/m/news/1129777651?lang=&edition=fundamental","pubTime":"2021-06-22 16:17","market":"us","language":"en","title":"Bitcoin tests a key level as the cryptocurrency falls below $33,000","url":"https://stock-news.laohu8.com/highlight/detail?id=1129777651","media":"CNBC","summary":"The price of bitcoin slumped to a pivotal level after it fell to a two-week low early Monday.Bitcoinhovered around $32,000 range throughout the day, down 50% from its April all-time high, following news that China has intensified its crackdown on crypto mining operations. Its central bank also ordered Alipay and other major financial institutions to de-risk cryptocurrency businesses.The notoriously volatile cryptocurrency has struggled to reclaim its highs from earlier in the quarter. The price ","content":"<div>\n<p>The price of bitcoin slumped to a pivotal level after it fell to a two-week low early Monday.\nBitcoinhovered around $32,000 range throughout the day, down 50% from its April all-time high, following ...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/21/bitcoin-tests-a-key-level-as-the-cryptocurrency-falls-below-33000.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Bitcoin tests a key level as the cryptocurrency falls below $33,000</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBitcoin tests a key level as the cryptocurrency falls below $33,000\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-22 16:17 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/06/21/bitcoin-tests-a-key-level-as-the-cryptocurrency-falls-below-33000.html><strong>CNBC</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The price of bitcoin slumped to a pivotal level after it fell to a two-week low early Monday.\nBitcoinhovered around $32,000 range throughout the day, down 50% from its April all-time high, following ...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/21/bitcoin-tests-a-key-level-as-the-cryptocurrency-falls-below-33000.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"COIN":"Coinbase Global, Inc.","GBTC":"Grayscale Bitcoin Trust"},"source_url":"https://www.cnbc.com/2021/06/21/bitcoin-tests-a-key-level-as-the-cryptocurrency-falls-below-33000.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1129777651","content_text":"The price of bitcoin slumped to a pivotal level after it fell to a two-week low early Monday.\nBitcoinhovered around $32,000 range throughout the day, down 50% from its April all-time high, following news that China has intensified its crackdown on crypto mining operations. Its central bank also ordered Alipay and other major financial institutions to de-risk cryptocurrency businesses.\nThe notoriously volatile cryptocurrency has struggled to reclaim its highs from earlier in the quarter. The price first fell to $32,000 in early June and has been on a rollercoaster ride before briefly touching $40,000 last week.\nBut Fairlead Strategies founder Katie Stockton thinks that drop doesn’t represent a significant breakdown and should stabilize in the days ahead.\nFinding the support level\nAnalysts covering bitcoin are watching it closely because its price is slipping to its so-called “support level.” A support level is essentially a lower price at which investors are still willing to purchase the asset.\n“There are oversold buy signals that are arising with this downdraft that make it more likely that support will be discovered,” Stockton said Monday.\nStockton said she’s calling the support level $34,000, based in part on a 50% pullback on the uptrend thatbegan off the March 2020 low. That’s being tested now, based on various technical factors, including the 200-day moving average and the previous lows.\nOppenheimer senior analyst Ari Wald said $30,000 is the key level, and that it should hold at current levels.\nEarlier this month, analysts said the price couldfall as low as $20,000.\n“Bitcoin fell below its 200-day moving average, which signifies a change in trend,” Wald said. “We are not necessarily expecting a blast off and a resumption of that strong fourth quarter move that bitcoin had,” when the price climbed steadily throughout the quarter to a new all-time high in the new year.\n“We see a lot of similarities now to how bitcoin traded at points in 2018 and 2019, where it fell towards the lower end of a range, but subsequent trading was just that – it was a range, and upside was somewhat limited and muted,” Wald said.\n“On the upside it looks like $40,000 appears to be have some key resistance that has limited trading for bitcoin over the last month,” he added.\nA moving target\nSupport represents a potential area of buying pressure and is often based on a moving average of price, though it can also be where an asset has found buyers in the past, like the previous low on the chart.\nA more significant breakdown would be two daily closes below the current level of $32,000 in the short term, or two weekly closes below in the intermediate to long term, Fairlead Strategies’ Stockton said.\n“This week’s price action will be important, because if we don’t see a reaction to these oversold signals, that would create some risk,” she said. “The way things are set up, there should be, after today, stabilization. If they keep going lower from here, then we will start to see decisive breakdowns and we will see a non-reaction to the oversold reading.”","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":4952809,"gmtCreate":1624351369378,"gmtModify":1663229706050,"authorId":3579404824612471,"author":{"id":3579404824612471,"idStr":"3579404824612471","authorId":3579404824612471,"name":"yiyoyoyi","avatar":"https://static.tigerbbs.com/d4826e9180ac62d64ba3450047fdf4eb","vip":1,"crmLevel":4,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":129989631,"type":1,"supId":0,"prevId":0,"content":"like mine too","text":"like mine too","html":"like mine too"},{"id":4952783,"gmtCreate":1624351253671,"gmtModify":1663229705729,"authorId":3565687171198207,"author":{"id":3565687171198207,"idStr":"3565687171198207","authorId":3565687171198207,"name":"Holla","avatar":"https://static.tigerbbs.com/c0b0e402ff8043410cc67ffccbfe2174","vip":1,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":129989631,"type":1,"supId":0,"prevId":0,"content":"Ok","text":"Ok","html":"Ok"}],"langContent":"EN"},{"id":129917663,"gmtCreate":1624351131452,"gmtModify":1703834155966,"author":{"id":"3569652860842906","authorId":"3569652860842906","name":"sleekh","avatar":"https://static.tigerbbs.com/ebcfd11bea33fd767a4028dbef87378a","vip":1,"crmLevel":2,"crmLevelSwitch":0,"authorIdStr":"3569652860842906","idStr":"3569652860842906"},"htmlText":"30k strong support. Buy with confidence. Leave some capital for next support at 23k.","listText":"30k strong support. Buy with confidence. Leave some capital for next support at 23k.","text":"30k strong support. Buy with confidence. Leave some capital for next support at 23k.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/129917663","repostId":1129777651,"repostType":4,"repost":{"id":"1129777651","kind":"news","pubTimestamp":1624349845,"share":"https://ttm.financial/m/news/1129777651?lang=&edition=fundamental","pubTime":"2021-06-22 16:17","market":"us","language":"en","title":"Bitcoin tests a key level as the cryptocurrency falls below $33,000","url":"https://stock-news.laohu8.com/highlight/detail?id=1129777651","media":"CNBC","summary":"The price of bitcoin slumped to a pivotal level after it fell to a two-week low early Monday.Bitcoinhovered around $32,000 range throughout the day, down 50% from its April all-time high, following news that China has intensified its crackdown on crypto mining operations. Its central bank also ordered Alipay and other major financial institutions to de-risk cryptocurrency businesses.The notoriously volatile cryptocurrency has struggled to reclaim its highs from earlier in the quarter. The price ","content":"<div>\n<p>The price of bitcoin slumped to a pivotal level after it fell to a two-week low early Monday.\nBitcoinhovered around $32,000 range throughout the day, down 50% from its April all-time high, following ...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/21/bitcoin-tests-a-key-level-as-the-cryptocurrency-falls-below-33000.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Bitcoin tests a key level as the cryptocurrency falls below $33,000</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBitcoin tests a key level as the cryptocurrency falls below $33,000\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-22 16:17 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/06/21/bitcoin-tests-a-key-level-as-the-cryptocurrency-falls-below-33000.html><strong>CNBC</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The price of bitcoin slumped to a pivotal level after it fell to a two-week low early Monday.\nBitcoinhovered around $32,000 range throughout the day, down 50% from its April all-time high, following ...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/21/bitcoin-tests-a-key-level-as-the-cryptocurrency-falls-below-33000.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"COIN":"Coinbase Global, Inc.","GBTC":"Grayscale Bitcoin Trust"},"source_url":"https://www.cnbc.com/2021/06/21/bitcoin-tests-a-key-level-as-the-cryptocurrency-falls-below-33000.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1129777651","content_text":"The price of bitcoin slumped to a pivotal level after it fell to a two-week low early Monday.\nBitcoinhovered around $32,000 range throughout the day, down 50% from its April all-time high, following news that China has intensified its crackdown on crypto mining operations. Its central bank also ordered Alipay and other major financial institutions to de-risk cryptocurrency businesses.\nThe notoriously volatile cryptocurrency has struggled to reclaim its highs from earlier in the quarter. The price first fell to $32,000 in early June and has been on a rollercoaster ride before briefly touching $40,000 last week.\nBut Fairlead Strategies founder Katie Stockton thinks that drop doesn’t represent a significant breakdown and should stabilize in the days ahead.\nFinding the support level\nAnalysts covering bitcoin are watching it closely because its price is slipping to its so-called “support level.” A support level is essentially a lower price at which investors are still willing to purchase the asset.\n“There are oversold buy signals that are arising with this downdraft that make it more likely that support will be discovered,” Stockton said Monday.\nStockton said she’s calling the support level $34,000, based in part on a 50% pullback on the uptrend thatbegan off the March 2020 low. That’s being tested now, based on various technical factors, including the 200-day moving average and the previous lows.\nOppenheimer senior analyst Ari Wald said $30,000 is the key level, and that it should hold at current levels.\nEarlier this month, analysts said the price couldfall as low as $20,000.\n“Bitcoin fell below its 200-day moving average, which signifies a change in trend,” Wald said. “We are not necessarily expecting a blast off and a resumption of that strong fourth quarter move that bitcoin had,” when the price climbed steadily throughout the quarter to a new all-time high in the new year.\n“We see a lot of similarities now to how bitcoin traded at points in 2018 and 2019, where it fell towards the lower end of a range, but subsequent trading was just that – it was a range, and upside was somewhat limited and muted,” Wald said.\n“On the upside it looks like $40,000 appears to be have some key resistance that has limited trading for bitcoin over the last month,” he added.\nA moving target\nSupport represents a potential area of buying pressure and is often based on a moving average of price, though it can also be where an asset has found buyers in the past, like the previous low on the chart.\nA more significant breakdown would be two daily closes below the current level of $32,000 in the short term, or two weekly closes below in the intermediate to long term, Fairlead Strategies’ Stockton said.\n“This week’s price action will be important, because if we don’t see a reaction to these oversold signals, that would create some risk,” she said. “The way things are set up, there should be, after today, stabilization. If they keep going lower from here, then we will start to see decisive breakdowns and we will see a non-reaction to the oversold reading.”","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":4952810,"gmtCreate":1624351379096,"gmtModify":1663229709429,"authorId":3569652860842906,"author":{"id":3569652860842906,"idStr":"3569652860842906","authorId":3569652860842906,"name":"sleekh","avatar":"https://static.tigerbbs.com/ebcfd11bea33fd767a4028dbef87378a","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":129917663,"type":1,"supId":0,"prevId":0,"content":"keep dcaing","text":"keep dcaing","html":"keep dcaing"}],"langContent":"EN"},{"id":129915421,"gmtCreate":1624351043563,"gmtModify":1703834153696,"author":{"id":"3573903623916669","authorId":"3573903623916669","name":"Optional","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":4,"crmLevelSwitch":0,"authorIdStr":"3573903623916669","idStr":"3573903623916669"},"htmlText":"nice la","listText":"nice la","text":"nice la","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/129915421","repostId":1129777651,"repostType":4,"repost":{"id":"1129777651","kind":"news","pubTimestamp":1624349845,"share":"https://ttm.financial/m/news/1129777651?lang=&edition=fundamental","pubTime":"2021-06-22 16:17","market":"us","language":"en","title":"Bitcoin tests a key level as the cryptocurrency falls below $33,000","url":"https://stock-news.laohu8.com/highlight/detail?id=1129777651","media":"CNBC","summary":"The price of bitcoin slumped to a pivotal level after it fell to a two-week low early Monday.Bitcoinhovered around $32,000 range throughout the day, down 50% from its April all-time high, following news that China has intensified its crackdown on crypto mining operations. Its central bank also ordered Alipay and other major financial institutions to de-risk cryptocurrency businesses.The notoriously volatile cryptocurrency has struggled to reclaim its highs from earlier in the quarter. The price ","content":"<div>\n<p>The price of bitcoin slumped to a pivotal level after it fell to a two-week low early Monday.\nBitcoinhovered around $32,000 range throughout the day, down 50% from its April all-time high, following ...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/21/bitcoin-tests-a-key-level-as-the-cryptocurrency-falls-below-33000.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Bitcoin tests a key level as the cryptocurrency falls below $33,000</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBitcoin tests a key level as the cryptocurrency falls below $33,000\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-22 16:17 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/06/21/bitcoin-tests-a-key-level-as-the-cryptocurrency-falls-below-33000.html><strong>CNBC</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The price of bitcoin slumped to a pivotal level after it fell to a two-week low early Monday.\nBitcoinhovered around $32,000 range throughout the day, down 50% from its April all-time high, following ...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/21/bitcoin-tests-a-key-level-as-the-cryptocurrency-falls-below-33000.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"COIN":"Coinbase Global, Inc.","GBTC":"Grayscale Bitcoin Trust"},"source_url":"https://www.cnbc.com/2021/06/21/bitcoin-tests-a-key-level-as-the-cryptocurrency-falls-below-33000.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1129777651","content_text":"The price of bitcoin slumped to a pivotal level after it fell to a two-week low early Monday.\nBitcoinhovered around $32,000 range throughout the day, down 50% from its April all-time high, following news that China has intensified its crackdown on crypto mining operations. Its central bank also ordered Alipay and other major financial institutions to de-risk cryptocurrency businesses.\nThe notoriously volatile cryptocurrency has struggled to reclaim its highs from earlier in the quarter. The price first fell to $32,000 in early June and has been on a rollercoaster ride before briefly touching $40,000 last week.\nBut Fairlead Strategies founder Katie Stockton thinks that drop doesn’t represent a significant breakdown and should stabilize in the days ahead.\nFinding the support level\nAnalysts covering bitcoin are watching it closely because its price is slipping to its so-called “support level.” A support level is essentially a lower price at which investors are still willing to purchase the asset.\n“There are oversold buy signals that are arising with this downdraft that make it more likely that support will be discovered,” Stockton said Monday.\nStockton said she’s calling the support level $34,000, based in part on a 50% pullback on the uptrend thatbegan off the March 2020 low. That’s being tested now, based on various technical factors, including the 200-day moving average and the previous lows.\nOppenheimer senior analyst Ari Wald said $30,000 is the key level, and that it should hold at current levels.\nEarlier this month, analysts said the price couldfall as low as $20,000.\n“Bitcoin fell below its 200-day moving average, which signifies a change in trend,” Wald said. “We are not necessarily expecting a blast off and a resumption of that strong fourth quarter move that bitcoin had,” when the price climbed steadily throughout the quarter to a new all-time high in the new year.\n“We see a lot of similarities now to how bitcoin traded at points in 2018 and 2019, where it fell towards the lower end of a range, but subsequent trading was just that – it was a range, and upside was somewhat limited and muted,” Wald said.\n“On the upside it looks like $40,000 appears to be have some key resistance that has limited trading for bitcoin over the last month,” he added.\nA moving target\nSupport represents a potential area of buying pressure and is often based on a moving average of price, though it can also be where an asset has found buyers in the past, like the previous low on the chart.\nA more significant breakdown would be two daily closes below the current level of $32,000 in the short term, or two weekly closes below in the intermediate to long term, Fairlead Strategies’ Stockton said.\n“This week’s price action will be important, because if we don’t see a reaction to these oversold signals, that would create some risk,” she said. “The way things are set up, there should be, after today, stabilization. If they keep going lower from here, then we will start to see decisive breakdowns and we will see a non-reaction to the oversold reading.”","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":129915317,"gmtCreate":1624351021939,"gmtModify":1703834152890,"author":{"id":"3566364021574435","authorId":"3566364021574435","name":"ni9","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":2,"crmLevelSwitch":0,"authorIdStr":"3566364021574435","idStr":"3566364021574435"},"htmlText":"Let's see how it goes from here","listText":"Let's see how it goes from here","text":"Let's see how it goes from here","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/129915317","repostId":1129777651,"repostType":4,"repost":{"id":"1129777651","kind":"news","pubTimestamp":1624349845,"share":"https://ttm.financial/m/news/1129777651?lang=&edition=fundamental","pubTime":"2021-06-22 16:17","market":"us","language":"en","title":"Bitcoin tests a key level as the cryptocurrency falls below $33,000","url":"https://stock-news.laohu8.com/highlight/detail?id=1129777651","media":"CNBC","summary":"The price of bitcoin slumped to a pivotal level after it fell to a two-week low early Monday.Bitcoinhovered around $32,000 range throughout the day, down 50% from its April all-time high, following news that China has intensified its crackdown on crypto mining operations. Its central bank also ordered Alipay and other major financial institutions to de-risk cryptocurrency businesses.The notoriously volatile cryptocurrency has struggled to reclaim its highs from earlier in the quarter. The price ","content":"<div>\n<p>The price of bitcoin slumped to a pivotal level after it fell to a two-week low early Monday.\nBitcoinhovered around $32,000 range throughout the day, down 50% from its April all-time high, following ...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/21/bitcoin-tests-a-key-level-as-the-cryptocurrency-falls-below-33000.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Bitcoin tests a key level as the cryptocurrency falls below $33,000</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBitcoin tests a key level as the cryptocurrency falls below $33,000\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-22 16:17 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/06/21/bitcoin-tests-a-key-level-as-the-cryptocurrency-falls-below-33000.html><strong>CNBC</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The price of bitcoin slumped to a pivotal level after it fell to a two-week low early Monday.\nBitcoinhovered around $32,000 range throughout the day, down 50% from its April all-time high, following ...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/21/bitcoin-tests-a-key-level-as-the-cryptocurrency-falls-below-33000.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"COIN":"Coinbase Global, Inc.","GBTC":"Grayscale Bitcoin Trust"},"source_url":"https://www.cnbc.com/2021/06/21/bitcoin-tests-a-key-level-as-the-cryptocurrency-falls-below-33000.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1129777651","content_text":"The price of bitcoin slumped to a pivotal level after it fell to a two-week low early Monday.\nBitcoinhovered around $32,000 range throughout the day, down 50% from its April all-time high, following news that China has intensified its crackdown on crypto mining operations. Its central bank also ordered Alipay and other major financial institutions to de-risk cryptocurrency businesses.\nThe notoriously volatile cryptocurrency has struggled to reclaim its highs from earlier in the quarter. The price first fell to $32,000 in early June and has been on a rollercoaster ride before briefly touching $40,000 last week.\nBut Fairlead Strategies founder Katie Stockton thinks that drop doesn’t represent a significant breakdown and should stabilize in the days ahead.\nFinding the support level\nAnalysts covering bitcoin are watching it closely because its price is slipping to its so-called “support level.” A support level is essentially a lower price at which investors are still willing to purchase the asset.\n“There are oversold buy signals that are arising with this downdraft that make it more likely that support will be discovered,” Stockton said Monday.\nStockton said she’s calling the support level $34,000, based in part on a 50% pullback on the uptrend thatbegan off the March 2020 low. That’s being tested now, based on various technical factors, including the 200-day moving average and the previous lows.\nOppenheimer senior analyst Ari Wald said $30,000 is the key level, and that it should hold at current levels.\nEarlier this month, analysts said the price couldfall as low as $20,000.\n“Bitcoin fell below its 200-day moving average, which signifies a change in trend,” Wald said. “We are not necessarily expecting a blast off and a resumption of that strong fourth quarter move that bitcoin had,” when the price climbed steadily throughout the quarter to a new all-time high in the new year.\n“We see a lot of similarities now to how bitcoin traded at points in 2018 and 2019, where it fell towards the lower end of a range, but subsequent trading was just that – it was a range, and upside was somewhat limited and muted,” Wald said.\n“On the upside it looks like $40,000 appears to be have some key resistance that has limited trading for bitcoin over the last month,” he added.\nA moving target\nSupport represents a potential area of buying pressure and is often based on a moving average of price, though it can also be where an asset has found buyers in the past, like the previous low on the chart.\nA more significant breakdown would be two daily closes below the current level of $32,000 in the short term, or two weekly closes below in the intermediate to long term, Fairlead Strategies’ Stockton said.\n“This week’s price action will be important, because if we don’t see a reaction to these oversold signals, that would create some risk,” she said. “The way things are set up, there should be, after today, stabilization. If they keep going lower from here, then we will start to see decisive breakdowns and we will see a non-reaction to the oversold reading.”","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":129916395,"gmtCreate":1624350898417,"gmtModify":1703834150300,"author":{"id":"3573608981633568","authorId":"3573608981633568","name":"KSONG","avatar":"https://static.tigerbbs.com/0cac42cab0c725d4b65ec3d804892fc9","vip":1,"crmLevel":4,"crmLevelSwitch":0,"authorIdStr":"3573608981633568","idStr":"3573608981633568"},"htmlText":"Like n comment pls&nbsp;","listText":"Like n comment pls&nbsp;","text":"Like n comment pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/129916395","repostId":1129777651,"repostType":4,"repost":{"id":"1129777651","kind":"news","pubTimestamp":1624349845,"share":"https://ttm.financial/m/news/1129777651?lang=&edition=fundamental","pubTime":"2021-06-22 16:17","market":"us","language":"en","title":"Bitcoin tests a key level as the cryptocurrency falls below $33,000","url":"https://stock-news.laohu8.com/highlight/detail?id=1129777651","media":"CNBC","summary":"The price of bitcoin slumped to a pivotal level after it fell to a two-week low early Monday.Bitcoinhovered around $32,000 range throughout the day, down 50% from its April all-time high, following news that China has intensified its crackdown on crypto mining operations. Its central bank also ordered Alipay and other major financial institutions to de-risk cryptocurrency businesses.The notoriously volatile cryptocurrency has struggled to reclaim its highs from earlier in the quarter. The price ","content":"<div>\n<p>The price of bitcoin slumped to a pivotal level after it fell to a two-week low early Monday.\nBitcoinhovered around $32,000 range throughout the day, down 50% from its April all-time high, following ...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/21/bitcoin-tests-a-key-level-as-the-cryptocurrency-falls-below-33000.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Bitcoin tests a key level as the cryptocurrency falls below $33,000</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBitcoin tests a key level as the cryptocurrency falls below $33,000\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-22 16:17 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/06/21/bitcoin-tests-a-key-level-as-the-cryptocurrency-falls-below-33000.html><strong>CNBC</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The price of bitcoin slumped to a pivotal level after it fell to a two-week low early Monday.\nBitcoinhovered around $32,000 range throughout the day, down 50% from its April all-time high, following ...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/21/bitcoin-tests-a-key-level-as-the-cryptocurrency-falls-below-33000.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"COIN":"Coinbase Global, Inc.","GBTC":"Grayscale Bitcoin Trust"},"source_url":"https://www.cnbc.com/2021/06/21/bitcoin-tests-a-key-level-as-the-cryptocurrency-falls-below-33000.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1129777651","content_text":"The price of bitcoin slumped to a pivotal level after it fell to a two-week low early Monday.\nBitcoinhovered around $32,000 range throughout the day, down 50% from its April all-time high, following news that China has intensified its crackdown on crypto mining operations. Its central bank also ordered Alipay and other major financial institutions to de-risk cryptocurrency businesses.\nThe notoriously volatile cryptocurrency has struggled to reclaim its highs from earlier in the quarter. The price first fell to $32,000 in early June and has been on a rollercoaster ride before briefly touching $40,000 last week.\nBut Fairlead Strategies founder Katie Stockton thinks that drop doesn’t represent a significant breakdown and should stabilize in the days ahead.\nFinding the support level\nAnalysts covering bitcoin are watching it closely because its price is slipping to its so-called “support level.” A support level is essentially a lower price at which investors are still willing to purchase the asset.\n“There are oversold buy signals that are arising with this downdraft that make it more likely that support will be discovered,” Stockton said Monday.\nStockton said she’s calling the support level $34,000, based in part on a 50% pullback on the uptrend thatbegan off the March 2020 low. That’s being tested now, based on various technical factors, including the 200-day moving average and the previous lows.\nOppenheimer senior analyst Ari Wald said $30,000 is the key level, and that it should hold at current levels.\nEarlier this month, analysts said the price couldfall as low as $20,000.\n“Bitcoin fell below its 200-day moving average, which signifies a change in trend,” Wald said. “We are not necessarily expecting a blast off and a resumption of that strong fourth quarter move that bitcoin had,” when the price climbed steadily throughout the quarter to a new all-time high in the new year.\n“We see a lot of similarities now to how bitcoin traded at points in 2018 and 2019, where it fell towards the lower end of a range, but subsequent trading was just that – it was a range, and upside was somewhat limited and muted,” Wald said.\n“On the upside it looks like $40,000 appears to be have some key resistance that has limited trading for bitcoin over the last month,” he added.\nA moving target\nSupport represents a potential area of buying pressure and is often based on a moving average of price, though it can also be where an asset has found buyers in the past, like the previous low on the chart.\nA more significant breakdown would be two daily closes below the current level of $32,000 in the short term, or two weekly closes below in the intermediate to long term, Fairlead Strategies’ Stockton said.\n“This week’s price action will be important, because if we don’t see a reaction to these oversold signals, that would create some risk,” she said. “The way things are set up, there should be, after today, stabilization. If they keep going lower from here, then we will start to see decisive breakdowns and we will see a non-reaction to the oversold reading.”","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":4952811,"gmtCreate":1624351381235,"gmtModify":1663229709230,"authorId":3579404824612471,"author":{"id":3579404824612471,"idStr":"3579404824612471","authorId":3579404824612471,"name":"yiyoyoyi","avatar":"https://static.tigerbbs.com/d4826e9180ac62d64ba3450047fdf4eb","vip":1,"crmLevel":4,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":129916395,"type":1,"supId":0,"prevId":0,"content":"like mine too","text":"like mine too","html":"like mine too"},{"id":4952778,"gmtCreate":1624351220834,"gmtModify":1663229705840,"authorId":3573709257975993,"author":{"id":3573709257975993,"idStr":"3573709257975993","authorId":3573709257975993,"name":"Sim1","avatar":"https://static.tigerbbs.com/45f90a5e23b6dc713a314a1c2365d6b6","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":129916395,"type":1,"supId":0,"prevId":0,"content":"Pls like &amp; commenT back. Thx","text":"Pls like &amp; commenT back. Thx","html":"Pls like &amp; commenT back. Thx"}],"langContent":"EN"},{"id":129918782,"gmtCreate":1624350888446,"gmtModify":1703834149652,"author":{"id":"3585764169254376","authorId":"3585764169254376","name":"Shan_2021","avatar":"https://static.tigerbbs.com/8683f374343f61d0fbbf7acdfbca2bcc","vip":1,"crmLevel":6,"crmLevelSwitch":0,"authorIdStr":"3585764169254376","idStr":"3585764169254376"},"htmlText":"Now what happens&nbsp;","listText":"Now what happens&nbsp;","text":"Now what happens","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/129918782","repostId":1129777651,"repostType":4,"repost":{"id":"1129777651","kind":"news","pubTimestamp":1624349845,"share":"https://ttm.financial/m/news/1129777651?lang=&edition=fundamental","pubTime":"2021-06-22 16:17","market":"us","language":"en","title":"Bitcoin tests a key level as the cryptocurrency falls below $33,000","url":"https://stock-news.laohu8.com/highlight/detail?id=1129777651","media":"CNBC","summary":"The price of bitcoin slumped to a pivotal level after it fell to a two-week low early Monday.Bitcoinhovered around $32,000 range throughout the day, down 50% from its April all-time high, following news that China has intensified its crackdown on crypto mining operations. Its central bank also ordered Alipay and other major financial institutions to de-risk cryptocurrency businesses.The notoriously volatile cryptocurrency has struggled to reclaim its highs from earlier in the quarter. The price ","content":"<div>\n<p>The price of bitcoin slumped to a pivotal level after it fell to a two-week low early Monday.\nBitcoinhovered around $32,000 range throughout the day, down 50% from its April all-time high, following ...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/21/bitcoin-tests-a-key-level-as-the-cryptocurrency-falls-below-33000.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Bitcoin tests a key level as the cryptocurrency falls below $33,000</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBitcoin tests a key level as the cryptocurrency falls below $33,000\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-22 16:17 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/06/21/bitcoin-tests-a-key-level-as-the-cryptocurrency-falls-below-33000.html><strong>CNBC</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The price of bitcoin slumped to a pivotal level after it fell to a two-week low early Monday.\nBitcoinhovered around $32,000 range throughout the day, down 50% from its April all-time high, following ...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/21/bitcoin-tests-a-key-level-as-the-cryptocurrency-falls-below-33000.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"COIN":"Coinbase Global, Inc.","GBTC":"Grayscale Bitcoin Trust"},"source_url":"https://www.cnbc.com/2021/06/21/bitcoin-tests-a-key-level-as-the-cryptocurrency-falls-below-33000.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1129777651","content_text":"The price of bitcoin slumped to a pivotal level after it fell to a two-week low early Monday.\nBitcoinhovered around $32,000 range throughout the day, down 50% from its April all-time high, following news that China has intensified its crackdown on crypto mining operations. Its central bank also ordered Alipay and other major financial institutions to de-risk cryptocurrency businesses.\nThe notoriously volatile cryptocurrency has struggled to reclaim its highs from earlier in the quarter. The price first fell to $32,000 in early June and has been on a rollercoaster ride before briefly touching $40,000 last week.\nBut Fairlead Strategies founder Katie Stockton thinks that drop doesn’t represent a significant breakdown and should stabilize in the days ahead.\nFinding the support level\nAnalysts covering bitcoin are watching it closely because its price is slipping to its so-called “support level.” A support level is essentially a lower price at which investors are still willing to purchase the asset.\n“There are oversold buy signals that are arising with this downdraft that make it more likely that support will be discovered,” Stockton said Monday.\nStockton said she’s calling the support level $34,000, based in part on a 50% pullback on the uptrend thatbegan off the March 2020 low. That’s being tested now, based on various technical factors, including the 200-day moving average and the previous lows.\nOppenheimer senior analyst Ari Wald said $30,000 is the key level, and that it should hold at current levels.\nEarlier this month, analysts said the price couldfall as low as $20,000.\n“Bitcoin fell below its 200-day moving average, which signifies a change in trend,” Wald said. “We are not necessarily expecting a blast off and a resumption of that strong fourth quarter move that bitcoin had,” when the price climbed steadily throughout the quarter to a new all-time high in the new year.\n“We see a lot of similarities now to how bitcoin traded at points in 2018 and 2019, where it fell towards the lower end of a range, but subsequent trading was just that – it was a range, and upside was somewhat limited and muted,” Wald said.\n“On the upside it looks like $40,000 appears to be have some key resistance that has limited trading for bitcoin over the last month,” he added.\nA moving target\nSupport represents a potential area of buying pressure and is often based on a moving average of price, though it can also be where an asset has found buyers in the past, like the previous low on the chart.\nA more significant breakdown would be two daily closes below the current level of $32,000 in the short term, or two weekly closes below in the intermediate to long term, Fairlead Strategies’ Stockton said.\n“This week’s price action will be important, because if we don’t see a reaction to these oversold signals, that would create some risk,” she said. “The way things are set up, there should be, after today, stabilization. If they keep going lower from here, then we will start to see decisive breakdowns and we will see a non-reaction to the oversold reading.”","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":129911762,"gmtCreate":1624350816056,"gmtModify":1703834147710,"author":{"id":"3570946671036962","authorId":"3570946671036962","name":"HKFoong","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":1,"crmLevelSwitch":0,"authorIdStr":"3570946671036962","idStr":"3570946671036962"},"htmlText":"Like&nbsp;","listText":"Like&nbsp;","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":10,"repostSize":0,"link":"https://ttm.financial/post/129911762","repostId":1129777651,"repostType":4,"repost":{"id":"1129777651","kind":"news","pubTimestamp":1624349845,"share":"https://ttm.financial/m/news/1129777651?lang=&edition=fundamental","pubTime":"2021-06-22 16:17","market":"us","language":"en","title":"Bitcoin tests a key level as the cryptocurrency falls below $33,000","url":"https://stock-news.laohu8.com/highlight/detail?id=1129777651","media":"CNBC","summary":"The price of bitcoin slumped to a pivotal level after it fell to a two-week low early Monday.Bitcoinhovered around $32,000 range throughout the day, down 50% from its April all-time high, following news that China has intensified its crackdown on crypto mining operations. Its central bank also ordered Alipay and other major financial institutions to de-risk cryptocurrency businesses.The notoriously volatile cryptocurrency has struggled to reclaim its highs from earlier in the quarter. The price ","content":"<div>\n<p>The price of bitcoin slumped to a pivotal level after it fell to a two-week low early Monday.\nBitcoinhovered around $32,000 range throughout the day, down 50% from its April all-time high, following ...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/21/bitcoin-tests-a-key-level-as-the-cryptocurrency-falls-below-33000.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Bitcoin tests a key level as the cryptocurrency falls below $33,000</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBitcoin tests a key level as the cryptocurrency falls below $33,000\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-22 16:17 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/06/21/bitcoin-tests-a-key-level-as-the-cryptocurrency-falls-below-33000.html><strong>CNBC</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The price of bitcoin slumped to a pivotal level after it fell to a two-week low early Monday.\nBitcoinhovered around $32,000 range throughout the day, down 50% from its April all-time high, following ...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/21/bitcoin-tests-a-key-level-as-the-cryptocurrency-falls-below-33000.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"COIN":"Coinbase Global, Inc.","GBTC":"Grayscale Bitcoin Trust"},"source_url":"https://www.cnbc.com/2021/06/21/bitcoin-tests-a-key-level-as-the-cryptocurrency-falls-below-33000.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1129777651","content_text":"The price of bitcoin slumped to a pivotal level after it fell to a two-week low early Monday.\nBitcoinhovered around $32,000 range throughout the day, down 50% from its April all-time high, following news that China has intensified its crackdown on crypto mining operations. Its central bank also ordered Alipay and other major financial institutions to de-risk cryptocurrency businesses.\nThe notoriously volatile cryptocurrency has struggled to reclaim its highs from earlier in the quarter. The price first fell to $32,000 in early June and has been on a rollercoaster ride before briefly touching $40,000 last week.\nBut Fairlead Strategies founder Katie Stockton thinks that drop doesn’t represent a significant breakdown and should stabilize in the days ahead.\nFinding the support level\nAnalysts covering bitcoin are watching it closely because its price is slipping to its so-called “support level.” A support level is essentially a lower price at which investors are still willing to purchase the asset.\n“There are oversold buy signals that are arising with this downdraft that make it more likely that support will be discovered,” Stockton said Monday.\nStockton said she’s calling the support level $34,000, based in part on a 50% pullback on the uptrend thatbegan off the March 2020 low. That’s being tested now, based on various technical factors, including the 200-day moving average and the previous lows.\nOppenheimer senior analyst Ari Wald said $30,000 is the key level, and that it should hold at current levels.\nEarlier this month, analysts said the price couldfall as low as $20,000.\n“Bitcoin fell below its 200-day moving average, which signifies a change in trend,” Wald said. “We are not necessarily expecting a blast off and a resumption of that strong fourth quarter move that bitcoin had,” when the price climbed steadily throughout the quarter to a new all-time high in the new year.\n“We see a lot of similarities now to how bitcoin traded at points in 2018 and 2019, where it fell towards the lower end of a range, but subsequent trading was just that – it was a range, and upside was somewhat limited and muted,” Wald said.\n“On the upside it looks like $40,000 appears to be have some key resistance that has limited trading for bitcoin over the last month,” he added.\nA moving target\nSupport represents a potential area of buying pressure and is often based on a moving average of price, though it can also be where an asset has found buyers in the past, like the previous low on the chart.\nA more significant breakdown would be two daily closes below the current level of $32,000 in the short term, or two weekly closes below in the intermediate to long term, Fairlead Strategies’ Stockton said.\n“This week’s price action will be important, because if we don’t see a reaction to these oversold signals, that would create some risk,” she said. “The way things are set up, there should be, after today, stabilization. If they keep going lower from here, then we will start to see decisive breakdowns and we will see a non-reaction to the oversold reading.”","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":4952688,"gmtCreate":1624350846653,"gmtModify":1663229709827,"authorId":3570946671036962,"author":{"id":3570946671036962,"idStr":"3570946671036962","authorId":3570946671036962,"name":"HKFoong","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":129911762,"type":1,"supId":0,"prevId":0,"content":"<u>Gaggao</u>","text":"<u>Gaggao</u>","html":"<u>Gaggao</u>"},{"id":4952686,"gmtCreate":1624350837457,"gmtModify":1663229709649,"authorId":3570946671036962,"author":{"id":3570946671036962,"idStr":"3570946671036962","authorId":3570946671036962,"name":"HKFoong","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":129911762,"type":1,"supId":0,"prevId":0,"content":"<u>Holy</u>","text":"<u>Holy</u>","html":"<u>Holy</u>"},{"id":4952694,"gmtCreate":1624350868646,"gmtModify":1663229708937,"authorId":3570946671036962,"author":{"id":3570946671036962,"idStr":"3570946671036962","authorId":3570946671036962,"name":"HKFoong","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":129911762,"type":1,"supId":0,"prevId":0,"content":"U48xb","text":"U48xb","html":"U48xb"},{"id":4952700,"gmtCreate":1624350880258,"gmtModify":1663229706136,"authorId":3570946671036962,"author":{"id":3570946671036962,"idStr":"3570946671036962","authorId":3570946671036962,"name":"HKFoong","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":129911762,"type":1,"supId":0,"prevId":0,"content":"<u>Gtih</u>","text":"<u>Gtih</u>","html":"<u>Gtih</u>"},{"id":4952691,"gmtCreate":1624350852905,"gmtModify":1663229705947,"authorId":3570946671036962,"author":{"id":3570946671036962,"idStr":"3570946671036962","authorId":3570946671036962,"name":"HKFoong","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":129911762,"type":1,"supId":0,"prevId":0,"content":"<u>Arbxu5</u>","text":"<u>Arbxu5</u>","html":"<u>Arbxu5</u>"}],"langContent":"EN"},{"id":129911019,"gmtCreate":1624350769031,"gmtModify":1703834146900,"author":{"id":"3569299384564621","authorId":"3569299384564621","name":"jamiengan","avatar":"https://static.tigerbbs.com/889f4395dbbcc2004e91811498c78b43","vip":1,"crmLevel":2,"crmLevelSwitch":0,"authorIdStr":"3569299384564621","idStr":"3569299384564621"},"htmlText":"Bitcoin ?","listText":"Bitcoin ?","text":"Bitcoin ?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/129911019","repostId":1129777651,"repostType":4,"repost":{"id":"1129777651","kind":"news","pubTimestamp":1624349845,"share":"https://ttm.financial/m/news/1129777651?lang=&edition=fundamental","pubTime":"2021-06-22 16:17","market":"us","language":"en","title":"Bitcoin tests a key level as the cryptocurrency falls below $33,000","url":"https://stock-news.laohu8.com/highlight/detail?id=1129777651","media":"CNBC","summary":"The price of bitcoin slumped to a pivotal level after it fell to a two-week low early Monday.Bitcoinhovered around $32,000 range throughout the day, down 50% from its April all-time high, following news that China has intensified its crackdown on crypto mining operations. Its central bank also ordered Alipay and other major financial institutions to de-risk cryptocurrency businesses.The notoriously volatile cryptocurrency has struggled to reclaim its highs from earlier in the quarter. The price ","content":"<div>\n<p>The price of bitcoin slumped to a pivotal level after it fell to a two-week low early Monday.\nBitcoinhovered around $32,000 range throughout the day, down 50% from its April all-time high, following ...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/21/bitcoin-tests-a-key-level-as-the-cryptocurrency-falls-below-33000.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Bitcoin tests a key level as the cryptocurrency falls below $33,000</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBitcoin tests a key level as the cryptocurrency falls below $33,000\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-22 16:17 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/06/21/bitcoin-tests-a-key-level-as-the-cryptocurrency-falls-below-33000.html><strong>CNBC</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The price of bitcoin slumped to a pivotal level after it fell to a two-week low early Monday.\nBitcoinhovered around $32,000 range throughout the day, down 50% from its April all-time high, following ...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/21/bitcoin-tests-a-key-level-as-the-cryptocurrency-falls-below-33000.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"COIN":"Coinbase Global, Inc.","GBTC":"Grayscale Bitcoin Trust"},"source_url":"https://www.cnbc.com/2021/06/21/bitcoin-tests-a-key-level-as-the-cryptocurrency-falls-below-33000.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1129777651","content_text":"The price of bitcoin slumped to a pivotal level after it fell to a two-week low early Monday.\nBitcoinhovered around $32,000 range throughout the day, down 50% from its April all-time high, following news that China has intensified its crackdown on crypto mining operations. Its central bank also ordered Alipay and other major financial institutions to de-risk cryptocurrency businesses.\nThe notoriously volatile cryptocurrency has struggled to reclaim its highs from earlier in the quarter. The price first fell to $32,000 in early June and has been on a rollercoaster ride before briefly touching $40,000 last week.\nBut Fairlead Strategies founder Katie Stockton thinks that drop doesn’t represent a significant breakdown and should stabilize in the days ahead.\nFinding the support level\nAnalysts covering bitcoin are watching it closely because its price is slipping to its so-called “support level.” A support level is essentially a lower price at which investors are still willing to purchase the asset.\n“There are oversold buy signals that are arising with this downdraft that make it more likely that support will be discovered,” Stockton said Monday.\nStockton said she’s calling the support level $34,000, based in part on a 50% pullback on the uptrend thatbegan off the March 2020 low. That’s being tested now, based on various technical factors, including the 200-day moving average and the previous lows.\nOppenheimer senior analyst Ari Wald said $30,000 is the key level, and that it should hold at current levels.\nEarlier this month, analysts said the price couldfall as low as $20,000.\n“Bitcoin fell below its 200-day moving average, which signifies a change in trend,” Wald said. “We are not necessarily expecting a blast off and a resumption of that strong fourth quarter move that bitcoin had,” when the price climbed steadily throughout the quarter to a new all-time high in the new year.\n“We see a lot of similarities now to how bitcoin traded at points in 2018 and 2019, where it fell towards the lower end of a range, but subsequent trading was just that – it was a range, and upside was somewhat limited and muted,” Wald said.\n“On the upside it looks like $40,000 appears to be have some key resistance that has limited trading for bitcoin over the last month,” he added.\nA moving target\nSupport represents a potential area of buying pressure and is often based on a moving average of price, though it can also be where an asset has found buyers in the past, like the previous low on the chart.\nA more significant breakdown would be two daily closes below the current level of $32,000 in the short term, or two weekly closes below in the intermediate to long term, Fairlead Strategies’ Stockton said.\n“This week’s price action will be important, because if we don’t see a reaction to these oversold signals, that would create some risk,” she said. “The way things are set up, there should be, after today, stabilization. If they keep going lower from here, then we will start to see decisive breakdowns and we will see a non-reaction to the oversold reading.”","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":129919428,"gmtCreate":1624350731364,"gmtModify":1703834144798,"author":{"id":"3586249695081969","authorId":"3586249695081969","name":"wei hong ng","avatar":"https://community-static.tradeup.com/news/05bbe8df9882e9c2086ae18da86eff1a","vip":1,"crmLevel":5,"crmLevelSwitch":1,"authorIdStr":"3586249695081969","idStr":"3586249695081969"},"htmlText":"China banned bt, hard to recover in short term&nbsp;","listText":"China banned bt, hard to recover in short term&nbsp;","text":"China banned bt, hard to recover in short term","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/129919428","repostId":1129777651,"repostType":4,"repost":{"id":"1129777651","kind":"news","pubTimestamp":1624349845,"share":"https://ttm.financial/m/news/1129777651?lang=&edition=fundamental","pubTime":"2021-06-22 16:17","market":"us","language":"en","title":"Bitcoin tests a key level as the cryptocurrency falls below $33,000","url":"https://stock-news.laohu8.com/highlight/detail?id=1129777651","media":"CNBC","summary":"The price of bitcoin slumped to a pivotal level after it fell to a two-week low early Monday.Bitcoinhovered around $32,000 range throughout the day, down 50% from its April all-time high, following news that China has intensified its crackdown on crypto mining operations. Its central bank also ordered Alipay and other major financial institutions to de-risk cryptocurrency businesses.The notoriously volatile cryptocurrency has struggled to reclaim its highs from earlier in the quarter. The price ","content":"<div>\n<p>The price of bitcoin slumped to a pivotal level after it fell to a two-week low early Monday.\nBitcoinhovered around $32,000 range throughout the day, down 50% from its April all-time high, following ...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/21/bitcoin-tests-a-key-level-as-the-cryptocurrency-falls-below-33000.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Bitcoin tests a key level as the cryptocurrency falls below $33,000</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBitcoin tests a key level as the cryptocurrency falls below $33,000\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-22 16:17 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/06/21/bitcoin-tests-a-key-level-as-the-cryptocurrency-falls-below-33000.html><strong>CNBC</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The price of bitcoin slumped to a pivotal level after it fell to a two-week low early Monday.\nBitcoinhovered around $32,000 range throughout the day, down 50% from its April all-time high, following ...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/21/bitcoin-tests-a-key-level-as-the-cryptocurrency-falls-below-33000.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"COIN":"Coinbase Global, Inc.","GBTC":"Grayscale Bitcoin Trust"},"source_url":"https://www.cnbc.com/2021/06/21/bitcoin-tests-a-key-level-as-the-cryptocurrency-falls-below-33000.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1129777651","content_text":"The price of bitcoin slumped to a pivotal level after it fell to a two-week low early Monday.\nBitcoinhovered around $32,000 range throughout the day, down 50% from its April all-time high, following news that China has intensified its crackdown on crypto mining operations. Its central bank also ordered Alipay and other major financial institutions to de-risk cryptocurrency businesses.\nThe notoriously volatile cryptocurrency has struggled to reclaim its highs from earlier in the quarter. The price first fell to $32,000 in early June and has been on a rollercoaster ride before briefly touching $40,000 last week.\nBut Fairlead Strategies founder Katie Stockton thinks that drop doesn’t represent a significant breakdown and should stabilize in the days ahead.\nFinding the support level\nAnalysts covering bitcoin are watching it closely because its price is slipping to its so-called “support level.” A support level is essentially a lower price at which investors are still willing to purchase the asset.\n“There are oversold buy signals that are arising with this downdraft that make it more likely that support will be discovered,” Stockton said Monday.\nStockton said she’s calling the support level $34,000, based in part on a 50% pullback on the uptrend thatbegan off the March 2020 low. That’s being tested now, based on various technical factors, including the 200-day moving average and the previous lows.\nOppenheimer senior analyst Ari Wald said $30,000 is the key level, and that it should hold at current levels.\nEarlier this month, analysts said the price couldfall as low as $20,000.\n“Bitcoin fell below its 200-day moving average, which signifies a change in trend,” Wald said. “We are not necessarily expecting a blast off and a resumption of that strong fourth quarter move that bitcoin had,” when the price climbed steadily throughout the quarter to a new all-time high in the new year.\n“We see a lot of similarities now to how bitcoin traded at points in 2018 and 2019, where it fell towards the lower end of a range, but subsequent trading was just that – it was a range, and upside was somewhat limited and muted,” Wald said.\n“On the upside it looks like $40,000 appears to be have some key resistance that has limited trading for bitcoin over the last month,” he added.\nA moving target\nSupport represents a potential area of buying pressure and is often based on a moving average of price, though it can also be where an asset has found buyers in the past, like the previous low on the chart.\nA more significant breakdown would be two daily closes below the current level of $32,000 in the short term, or two weekly closes below in the intermediate to long term, Fairlead Strategies’ Stockton said.\n“This week’s price action will be important, because if we don’t see a reaction to these oversold signals, that would create some risk,” she said. “The way things are set up, there should be, after today, stabilization. If they keep going lower from here, then we will start to see decisive breakdowns and we will see a non-reaction to the oversold reading.”","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":129919215,"gmtCreate":1624350708237,"gmtModify":1703834144476,"author":{"id":"3582272232021521","authorId":"3582272232021521","name":"Gaggoo","avatar":"https://static.tigerbbs.com/3d1e37505d342fd0d2ea94216065db33","vip":1,"crmLevel":1,"crmLevelSwitch":0,"authorIdStr":"3582272232021521","idStr":"3582272232021521"},"htmlText":"wowww","listText":"wowww","text":"wowww","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/129919215","repostId":1129777651,"repostType":4,"repost":{"id":"1129777651","kind":"news","pubTimestamp":1624349845,"share":"https://ttm.financial/m/news/1129777651?lang=&edition=fundamental","pubTime":"2021-06-22 16:17","market":"us","language":"en","title":"Bitcoin tests a key level as the cryptocurrency falls below $33,000","url":"https://stock-news.laohu8.com/highlight/detail?id=1129777651","media":"CNBC","summary":"The price of bitcoin slumped to a pivotal level after it fell to a two-week low early Monday.Bitcoinhovered around $32,000 range throughout the day, down 50% from its April all-time high, following news that China has intensified its crackdown on crypto mining operations. Its central bank also ordered Alipay and other major financial institutions to de-risk cryptocurrency businesses.The notoriously volatile cryptocurrency has struggled to reclaim its highs from earlier in the quarter. The price ","content":"<div>\n<p>The price of bitcoin slumped to a pivotal level after it fell to a two-week low early Monday.\nBitcoinhovered around $32,000 range throughout the day, down 50% from its April all-time high, following ...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/21/bitcoin-tests-a-key-level-as-the-cryptocurrency-falls-below-33000.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Bitcoin tests a key level as the cryptocurrency falls below $33,000</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBitcoin tests a key level as the cryptocurrency falls below $33,000\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-22 16:17 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/06/21/bitcoin-tests-a-key-level-as-the-cryptocurrency-falls-below-33000.html><strong>CNBC</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The price of bitcoin slumped to a pivotal level after it fell to a two-week low early Monday.\nBitcoinhovered around $32,000 range throughout the day, down 50% from its April all-time high, following ...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/21/bitcoin-tests-a-key-level-as-the-cryptocurrency-falls-below-33000.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"COIN":"Coinbase Global, Inc.","GBTC":"Grayscale Bitcoin Trust"},"source_url":"https://www.cnbc.com/2021/06/21/bitcoin-tests-a-key-level-as-the-cryptocurrency-falls-below-33000.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1129777651","content_text":"The price of bitcoin slumped to a pivotal level after it fell to a two-week low early Monday.\nBitcoinhovered around $32,000 range throughout the day, down 50% from its April all-time high, following news that China has intensified its crackdown on crypto mining operations. Its central bank also ordered Alipay and other major financial institutions to de-risk cryptocurrency businesses.\nThe notoriously volatile cryptocurrency has struggled to reclaim its highs from earlier in the quarter. The price first fell to $32,000 in early June and has been on a rollercoaster ride before briefly touching $40,000 last week.\nBut Fairlead Strategies founder Katie Stockton thinks that drop doesn’t represent a significant breakdown and should stabilize in the days ahead.\nFinding the support level\nAnalysts covering bitcoin are watching it closely because its price is slipping to its so-called “support level.” A support level is essentially a lower price at which investors are still willing to purchase the asset.\n“There are oversold buy signals that are arising with this downdraft that make it more likely that support will be discovered,” Stockton said Monday.\nStockton said she’s calling the support level $34,000, based in part on a 50% pullback on the uptrend thatbegan off the March 2020 low. That’s being tested now, based on various technical factors, including the 200-day moving average and the previous lows.\nOppenheimer senior analyst Ari Wald said $30,000 is the key level, and that it should hold at current levels.\nEarlier this month, analysts said the price couldfall as low as $20,000.\n“Bitcoin fell below its 200-day moving average, which signifies a change in trend,” Wald said. “We are not necessarily expecting a blast off and a resumption of that strong fourth quarter move that bitcoin had,” when the price climbed steadily throughout the quarter to a new all-time high in the new year.\n“We see a lot of similarities now to how bitcoin traded at points in 2018 and 2019, where it fell towards the lower end of a range, but subsequent trading was just that – it was a range, and upside was somewhat limited and muted,” Wald said.\n“On the upside it looks like $40,000 appears to be have some key resistance that has limited trading for bitcoin over the last month,” he added.\nA moving target\nSupport represents a potential area of buying pressure and is often based on a moving average of price, though it can also be where an asset has found buyers in the past, like the previous low on the chart.\nA more significant breakdown would be two daily closes below the current level of $32,000 in the short term, or two weekly closes below in the intermediate to long term, Fairlead Strategies’ Stockton said.\n“This week’s price action will be important, because if we don’t see a reaction to these oversold signals, that would create some risk,” she said. “The way things are set up, there should be, after today, stabilization. If they keep going lower from here, then we will start to see decisive breakdowns and we will see a non-reaction to the oversold reading.”","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"hasMoreComments":true,"newsSizeData":{"likeSize":46,"commentSize":34,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false}}