{"id":19,"date":"2018-12-03T20:28:45","date_gmt":"2018-12-03T20:28:45","guid":{"rendered":"http:\/\/surfshields.com\/index.php\/2018\/12\/03\/newsflash-bitcoin-price-drops-to-3801-as-breakout-attempt-fails\/"},"modified":"2018-12-03T20:28:45","modified_gmt":"2018-12-03T20:28:45","slug":"newsflash-bitcoin-price-drops-to-3801-as-breakout-attempt-fails","status":"publish","type":"post","link":"https:\/\/surfshields.com\/index.php\/2018\/12\/03\/newsflash-bitcoin-price-drops-to-3801-as-breakout-attempt-fails\/","title":{"rendered":"Newsflash: Bitcoin Price Drops to $3,801 as Breakout Attempt Fails"},"content":{"rendered":"<div readability=\"55.0581162325\">\n<div class=\"post-thumbnail\">\n<p><a href=\"https:\/\/www.ccn.com\/newsflash-bitcoin-price-drops-to-3801-as-breakout-attempt-fails\/\" title=\"Newsflash: Bitcoin Price Drops to $3,801 as Breakout Attempt Fails\"><\/p>\n<p><img width=\"760\" height=\"400\" data-cfsrc=\"https:\/\/248qms3nhmvl15d4ne1i4pxl-wpengine.netdna-ssl.com\/wp-content\/uploads\/2018\/04\/Slippery-floor-760x400.jpg\" class=\"attachment-large-thumb size-large-thumb wp-post-image\" alt=\"Bitcoin price\"><noscript><img loading=\"lazy\" decoding=\"async\" width=\"760\" height=\"400\" src=\"https:\/\/248qms3nhmvl15d4ne1i4pxl-wpengine.netdna-ssl.com\/wp-content\/uploads\/2018\/04\/Slippery-floor-760x400.jpg\" class=\"attachment-large-thumb size-large-thumb wp-post-image\" alt=\"Bitcoin price\"><\/noscript> <\/a><\/p>\n<\/div>\n<p>The bitcoin price dropped as far as $3,801 on Monday after an attempted breakout failed to thrust the flagship cryptocurrency back across the $4,500 level.<\/p>\n<p>CCN technical analyst Yashu Gola <a href=\"https:\/\/www.ccn.com\/bitcoin-price-flirts-with-breakout-but-may-not-yet-have-bottomed\/\">reported<\/a> yesterday that BTC\/USD was flirting with a breakout but stressed that a price floor would not be confirmed until the index experienced a sustained consolidation period above $4,500.<\/p>\n<figure id=\"attachment_152995\" class=\"wp-caption aligncenter\"><a href=\"https:\/\/248qms3nhmvl15d4ne1i4pxl-wpengine.netdna-ssl.com\/wp-content\/uploads\/2018\/12\/bitcoin-price-dec3-coinbase.png\" class=\"ccn-pop\" title=\"Newsflash: Bitcoin Price Drops to $3,801 as Breakout Attempt Fails\"><img class=\"size-full wp-image-152995\" data-size=\"886x578\" data-cfsrc=\"https:\/\/248qms3nhmvl15d4ne1i4pxl-wpengine.netdna-ssl.com\/wp-content\/uploads\/2018\/12\/bitcoin-price-dec3-coinbase.png\" alt=\"bitcoin price\" width=\"886\" height=\"578\" srcset=\"https:\/\/248qms3nhmvl15d4ne1i4pxl-wpengine.netdna-ssl.com\/wp-content\/uploads\/2018\/12\/bitcoin-price-dec3-coinbase.png 886w, https:\/\/248qms3nhmvl15d4ne1i4pxl-wpengine.netdna-ssl.com\/wp-content\/uploads\/2018\/12\/bitcoin-price-dec3-coinbase-300x196.png 300w, https:\/\/248qms3nhmvl15d4ne1i4pxl-wpengine.netdna-ssl.com\/wp-content\/uploads\/2018\/12\/bitcoin-price-dec3-coinbase-768x501.png 768w, https:\/\/248qms3nhmvl15d4ne1i4pxl-wpengine.netdna-ssl.com\/wp-content\/uploads\/2018\/12\/bitcoin-price-dec3-coinbase-640x418.png 640w, https:\/\/248qms3nhmvl15d4ne1i4pxl-wpengine.netdna-ssl.com\/wp-content\/uploads\/2018\/12\/bitcoin-price-dec3-coinbase-360x235.png 360w\" sizes=\"(max-width: 886px) 100vw, 886px\"><noscript><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-152995\" data-size=\"886x578\" src=\"https:\/\/248qms3nhmvl15d4ne1i4pxl-wpengine.netdna-ssl.com\/wp-content\/uploads\/2018\/12\/bitcoin-price-dec3-coinbase.png\" alt=\"bitcoin price\" width=\"886\" height=\"578\" srcset=\"https:\/\/248qms3nhmvl15d4ne1i4pxl-wpengine.netdna-ssl.com\/wp-content\/uploads\/2018\/12\/bitcoin-price-dec3-coinbase.png 886w, https:\/\/248qms3nhmvl15d4ne1i4pxl-wpengine.netdna-ssl.com\/wp-content\/uploads\/2018\/12\/bitcoin-price-dec3-coinbase-300x196.png 300w, https:\/\/248qms3nhmvl15d4ne1i4pxl-wpengine.netdna-ssl.com\/wp-content\/uploads\/2018\/12\/bitcoin-price-dec3-coinbase-768x501.png 768w, https:\/\/248qms3nhmvl15d4ne1i4pxl-wpengine.netdna-ssl.com\/wp-content\/uploads\/2018\/12\/bitcoin-price-dec3-coinbase-640x418.png 640w, https:\/\/248qms3nhmvl15d4ne1i4pxl-wpengine.netdna-ssl.com\/wp-content\/uploads\/2018\/12\/bitcoin-price-dec3-coinbase-360x235.png 360w\" sizes=\"auto, (max-width: 886px) 100vw, 886px\"><\/noscript><\/a><figcaption class=\"wp-caption-text\">BTC\/USD | Coinbase<\/figcaption><\/figure>\n<p>Unfortunately, that bounce did not occur, and this afternoon the bitcoin price fell below $4,000, which triggered further selling all the way down to $3,801 on Coinbase \u2014 its lowest point since Nov. 28. As of the time of writing, BTC\/USD was holding at $3,825.<\/p>\n<p>Stay tuned for detailed bitcoin price analysis, and click <a href=\"http:\/\/ccn.com\/bitcoin-price\">here<\/a> to track the real-time BTC\/USD exchange rate.<\/p>\n<p><em>Featured Image from Shutterstock. Charts from <a href=\"https:\/\/www.tradingview.com\/ideas\/cryptocurrency\/\" target=\"blank\" rel=\"nofollow\">TradingView<\/a>.<\/em><\/p>\n<p><b>Get Exclusive Crypto Analysis by Professional Traders and Investors on Hacked.com. Sign up now and get the first month for free. <a href=\"https:\/\/hacked.com\/continue-reading\/\" target=\"blank\">Click here.<\/a><\/b><\/p>\n<p><center><br \/>\n<b>Advertisement<\/b><br \/>\n<\/center><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>https:\/\/www.ccn.com\/newsflash-bitcoin-price-drops-to-3801-as-breakout-attempt-fails\/<\/p>\n","protected":false},"author":1,"featured_media":20,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[],"class_list":["post-19","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency"],"_links":{"self":[{"href":"https:\/\/surfshields.com\/index.php\/wp-json\/wp\/v2\/posts\/19","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/surfshields.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/surfshields.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/surfshields.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/surfshields.com\/index.php\/wp-json\/wp\/v2\/comments?post=19"}],"version-history":[{"count":0,"href":"https:\/\/surfshields.com\/index.php\/wp-json\/wp\/v2\/posts\/19\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/surfshields.com\/index.php\/wp-json\/wp\/v2\/media\/20"}],"wp:attachment":[{"href":"https:\/\/surfshields.com\/index.php\/wp-json\/wp\/v2\/media?parent=19"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/surfshields.com\/index.php\/wp-json\/wp\/v2\/categories?post=19"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/surfshields.com\/index.php\/wp-json\/wp\/v2\/tags?post=19"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}