{"id":124574,"date":"2020-02-06T00:00:50","date_gmt":"2020-02-06T00:00:50","guid":{"rendered":"https:\/\/cryptoslate.com\/?p=124574"},"modified":"2020-04-06T01:18:41","modified_gmt":"2020-04-06T00:18:41","slug":"analyst-bitcoin-to-see-far-reaching-selloff-after-tapping-range-highs","status":"publish","type":"post","link":"https:\/\/cryptoslate.com\/analyst-bitcoin-to-see-far-reaching-selloff-after-tapping-range-highs\/","title":{"rendered":"Analyst: Bitcoin to see far-reaching selloff after tapping range highs"},"content":{"rendered":"<p>Bitcoin\u2019s 2020 uptrend has once again extended even further, allowing the cryptocurrency to set fresh year-to-date highs earlier today when BTC rallied to over $9,800 before tapping some strong resistance that halted the rally.<\/p>\n<p>Despite the overt bullishness of this movement, it is imperative to note that BTC was rejected at its range highs, signaling that this rally may soon stop dead in its tracks before turning into another downtrend.<\/p>\n<p>One analyst believes that the downtrend resulting from rejection at these range highs will lead BTC all the way down to $7,500.<\/p>\n<h2>Bitcoin\u2019s momentum stalls after it taps range highs<\/h2>\n<p>At the time of writing, <a href=\"https:\/\/cryptoslate.com\/bitcoin-remains-in-firm-bear-trend-until-it-reclaims-8000-heres-why\/\">Bitcoin<\/a> is trading up over five percent at its current price of $9,660, which marks a notable climb from daily lows of $9,200, and a slight retrace from intra-rally highs of over $9,800.<\/p>\n<p>This rally came about after a multi-day downtrend that led Bitcoin from highs of $9,650 to lows of $9,100, which is where bulls began stepping in and absorbing the intense selling pressure, subsequently leading to today\u2019s uptrend.<\/p>\n<p>Although on the surface today\u2019s extension of the momentum seen throughout 2020 seems to be highly bullish, it is imperative to note that BTC was rejected at its range highs of roughly $9,800 today, signaling that this could be a local high.<\/p>\n<p>C2M, an analyst focused on the crypto derivatives market, elucidated these range highs in a <a href=\"https:\/\/twitter.com\/C2M_Killmex\/status\/1225140571712430080?s=19\">chart<\/a>, showing that these range highs were set in November of last year.<\/p>\n<figure id=\"attachment_124575\" aria-describedby=\"caption-attachment-124575\" style=\"width: 1024px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-124575 size-large\" src=\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2020\/02\/C2MRangeHighs-1024x527.jpg\" alt=\"Bitcoin BTC\" width=\"1024\" height=\"527\" srcset=\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2020\/02\/C2MRangeHighs-1024x527.jpg 1024w, https:\/\/cryptoslate.com\/wp-content\/uploads\/2020\/02\/C2MRangeHighs-300x154.jpg 300w, https:\/\/cryptoslate.com\/wp-content\/uploads\/2020\/02\/C2MRangeHighs-768x395.jpg 768w, https:\/\/cryptoslate.com\/wp-content\/uploads\/2020\/02\/C2MRangeHighs-1536x790.jpg 1536w, https:\/\/cryptoslate.com\/wp-content\/uploads\/2020\/02\/C2MRangeHighs-2048x1054.jpg 2048w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><figcaption id=\"caption-attachment-124575\" class=\"wp-caption-text\">Image Courtesy of C2M<\/figcaption><\/figure>\n<h2>Will BTC plummet to $7,500 before finding support?<\/h2>\n<p>As for how far the potential downtrend resulting from the rejection at these range highs could lead, Teddy \u2013 a well-respected crypto analyst \u2013 explained in a <a href=\"https:\/\/twitter.com\/TeddyCleps\/status\/1225147086502604801\">recent tweet<\/a> that he believes it will drop until it hits the lower boundary of its wide trading range at roughly $7,500.<\/p>\n<blockquote><p>\u201cBTC: Looking at the same range on a daily time frame price: 1. Pumped 2. Broke first resistance 3. Was stopped with surgical prevision on second resistance. Above it's party time, strong rejection and we are testing lower side of range again.\u201d<\/p><\/blockquote>\n<figure id=\"attachment_124577\" aria-describedby=\"caption-attachment-124577\" style=\"width: 1024px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-124577 size-large\" src=\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2020\/02\/TeddyBTC-1-1024x551.jpg\" alt=\"Bitcoin BTC\" width=\"1024\" height=\"551\" srcset=\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2020\/02\/TeddyBTC-1-1024x551.jpg 1024w, https:\/\/cryptoslate.com\/wp-content\/uploads\/2020\/02\/TeddyBTC-1-300x161.jpg 300w, https:\/\/cryptoslate.com\/wp-content\/uploads\/2020\/02\/TeddyBTC-1-768x413.jpg 768w, https:\/\/cryptoslate.com\/wp-content\/uploads\/2020\/02\/TeddyBTC-1-1536x826.jpg 1536w, https:\/\/cryptoslate.com\/wp-content\/uploads\/2020\/02\/TeddyBTC-1-2048x1102.jpg 2048w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><figcaption id=\"caption-attachment-124577\" class=\"wp-caption-text\">Image Courtesy of Teddy<\/figcaption><\/figure>\n<p>The only way for this range rejection-induced downtrend to be avoided is for bulls to step up and propel the <a href=\"https:\/\/cryptoslate.com\/bitcoin-stock-to-flow-model-could-signal-that-10000-btc-is-imminent\/\">crypto<\/a> above $9,800.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bitcoin\u2019s 2020 uptrend has once again extended even further, allowing the cryptocurrency to set fresh year-to-date highs earlier today when BTC rallied to over $9,800 before tapping some strong resistance that halted the rally. Despite the overt bullishness of this movement, it is imperative to note that BTC was rejected at its range highs, signaling [&hellip;]<\/p>\n","protected":false},"author":174,"featured_media":124585,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[120,60840,15323],"tags":[],"prediction_market_topic":[],"post_folder":[],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v21.9 (Yoast SEO v21.9.1) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Analyst: Bitcoin to see far-reaching selloff after tapping range highs<\/title>\n<meta name=\"description\" content=\"One analyst believes that Bitcoin&#039;s downtrend resulting from a rejection at these range highs will lead BTC all the way down to $7,500.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cryptoslate.com\/analyst-bitcoin-to-see-far-reaching-selloff-after-tapping-range-highs\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Analyst: Bitcoin to see far-reaching selloff after tapping range highs\" \/>\n<meta property=\"og:description\" content=\"One analyst believes that Bitcoin&#039;s downtrend resulting from a rejection at these range highs will lead BTC all the way down to $7,500.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/cryptoslate.com\/analyst-bitcoin-to-see-far-reaching-selloff-after-tapping-range-highs\/\" \/>\n<meta property=\"og:site_name\" content=\"CryptoSlate\" \/>\n<meta property=\"article:published_time\" content=\"2020-02-06T00:00:50+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2020-04-06T00:18:41+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2020\/02\/bitcoin-sell.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"630\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Cole Petersen\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cryptoslate\" \/>\n<meta name=\"twitter:site\" content=\"@cryptoslate\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Cole Petersen\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"NewsArticle\",\"@id\":\"https:\/\/cryptoslate.com\/analyst-bitcoin-to-see-far-reaching-selloff-after-tapping-range-highs\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/cryptoslate.com\/analyst-bitcoin-to-see-far-reaching-selloff-after-tapping-range-highs\/\"},\"author\":{\"@type\":\"Person\",\"@id\":\"https:\/\/cryptoslate.com\/author\/cole-petersen\/#person\",\"name\":\"Cole Petersen\",\"url\":\"https:\/\/cryptoslate.com\/author\/cole-petersen\/\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/cryptoslate.com\/author\/cole-petersen\/\"},\"image\":{\"@type\":\"ImageObject\",\"@id\":\"https:\/\/cryptoslate.com\/author\/cole-petersen\/#authorimage\",\"url\":\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2019\/11\/author-cole-petersen.jpg\",\"contentUrl\":\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2019\/11\/author-cole-petersen.jpg\",\"caption\":\"Cole Petersen\"},\"jobTitle\":\"Journalist\",\"description\":\"Cole is a freelance journalist and university student studying philosophy. He focuses primarily on covering cryptocurrency and blockchain-related news. He ow...\",\"worksFor\":{\"@id\":\"https:\/\/cryptoslate.com\/#organization\"},\"sameAs\":[\"https:\/\/x.com\/coIecp\",\"https:\/\/www.linkedin.com\/in\/cole-petersen-1b7b72165\"]},\"headline\":\"Analyst: Bitcoin to see far-reaching selloff after tapping range highs\",\"datePublished\":\"2020-02-06T00:00:50+00:00\",\"dateModified\":\"2020-04-06T00:18:41+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/cryptoslate.com\/analyst-bitcoin-to-see-far-reaching-selloff-after-tapping-range-highs\/\"},\"wordCount\":388,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/cryptoslate.com\/#organization\"},\"articleSection\":[\"Analysis\",\"Derivatives\",\"Price Watch\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/cryptoslate.com\/analyst-bitcoin-to-see-far-reaching-selloff-after-tapping-range-highs\/#respond\"]}],\"copyrightYear\":\"2020\",\"copyrightHolder\":{\"@id\":\"https:\/\/cryptoslate.com\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/cryptoslate.com\/analyst-bitcoin-to-see-far-reaching-selloff-after-tapping-range-highs\/\",\"url\":\"https:\/\/cryptoslate.com\/analyst-bitcoin-to-see-far-reaching-selloff-after-tapping-range-highs\/\",\"name\":\"Analyst: Bitcoin to see far-reaching selloff after tapping range highs\",\"isPartOf\":{\"@id\":\"https:\/\/cryptoslate.com\/#website\"},\"datePublished\":\"2020-02-06T00:00:50+00:00\",\"dateModified\":\"2020-04-06T00:18:41+00:00\",\"description\":\"One analyst believes that Bitcoin's downtrend resulting from a rejection at these range highs will lead BTC all the way down to $7,500.\",\"breadcrumb\":{\"@id\":\"https:\/\/cryptoslate.com\/analyst-bitcoin-to-see-far-reaching-selloff-after-tapping-range-highs\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/cryptoslate.com\/analyst-bitcoin-to-see-far-reaching-selloff-after-tapping-range-highs\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/cryptoslate.com\/analyst-bitcoin-to-see-far-reaching-selloff-after-tapping-range-highs\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/cryptoslate.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Analyst: Bitcoin to see far-reaching selloff after tapping range highs\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/cryptoslate.com\/#website\",\"url\":\"https:\/\/cryptoslate.com\/\",\"name\":\"CryptoSlate\",\"description\":\"Cryptocurrency News and Real-time Coin Data\",\"publisher\":{\"@id\":\"https:\/\/cryptoslate.com\/#organization\"},\"inLanguage\":\"en-US\"},{\"@type\":\"NewsMediaOrganization\",\"@id\":\"https:\/\/cryptoslate.com\/#organization\",\"name\":\"CryptoSlate\",\"url\":\"https:\/\/cryptoslate.com\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/cryptoslate.com\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2018\/05\/c-logo.jpg\",\"contentUrl\":\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2018\/05\/c-logo.jpg\",\"width\":1000,\"height\":1000,\"caption\":\"CryptoSlate\"},\"image\":{\"@id\":\"https:\/\/cryptoslate.com\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/twitter.com\/cryptoslate\",\"https:\/\/www.instagram.com\/cryptoslate\",\"https:\/\/www.linkedin.com\/company\/cryptoslate\",\"https:\/\/www.youtube.com\/c\/cryptoslate\",\"https:\/\/cryptoslate.substack.com\",\"https:\/\/t.me\/cryptoslatenews\",\"https:\/\/www.crunchbase.com\/organization\/cryptoslate\",\"https:\/\/iq.wiki\/wiki\/cryptoslate\",\"https:\/\/news.google.com\/publications\/CAAqKggKIiRDQklTRlFnTWFoRUtEMk55ZVhCMGIzTnNZWFJsTG1OdmJTZ0FQAQ\",\"https:\/\/muckrack.com\/media-outlet\/cryptoslate\",\"https:\/\/www.tiktok.com\/@cryptoslatenews\"],\"publishingPrinciples\":\"https:\/\/cryptoslate.com\/editorial-policy\/#editorial-principles\",\"ownershipFundingInfo\":\"https:\/\/cryptoslate.com\/disclaimers\/how-cryptoslate-makes-and-spends-money\/\",\"correctionsPolicy\":\"https:\/\/cryptoslate.com\/editorial-policy\/#corrections-feedback\",\"ethicsPolicy\":\"https:\/\/cryptoslate.com\/editorial-policy\/#editorial-principles\",\"foundingDate\":\"2017-08-04\",\"founder\":[{\"@type\":\"Person\",\"name\":\"Nate Whitehill\"},{\"@type\":\"Person\",\"name\":\"Matthew Blancarte\"}],\"contactPoint\":[{\"@type\":\"ContactPoint\",\"contactType\":\"customer support\",\"url\":\"https:\/\/cryptoslate.com\/contact\/\",\"availableLanguage\":\"en-US\"},{\"@type\":\"ContactPoint\",\"contactType\":\"sales\",\"url\":\"https:\/\/cryptoslate.com\/advertising\/\",\"availableLanguage\":\"en-US\"},{\"@type\":\"ContactPoint\",\"contactType\":\"newsroom\",\"url\":\"https:\/\/cryptoslate.com\/editorial-policy\/#corrections-feedback\",\"email\":\"tips@cryptoslate.com\",\"availableLanguage\":\"en-US\"}],\"masthead\":\"https:\/\/cryptoslate.com\/about\/#masthead\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/cryptoslate.com\/#\/schema\/person\/2b1a128b1bb3b607728d78eeb99cf9c3\",\"name\":\"Cole Petersen\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/cryptoslate.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2019\/11\/author-cole-petersen-150x150.jpg\",\"contentUrl\":\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2019\/11\/author-cole-petersen-150x150.jpg\",\"caption\":\"Cole Petersen\"},\"description\":\"Cole is a freelance journalist and university student studying philosophy. He focuses primarily on covering cryptocurrency and blockchain-related news. He owns a non-life-changing sum of Bitcoin and enjoys day trading.\",\"url\":\"https:\/\/cryptoslate.com\/author\/cole-petersen\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Analyst: Bitcoin to see far-reaching selloff after tapping range highs","description":"One analyst believes that Bitcoin's downtrend resulting from a rejection at these range highs will lead BTC all the way down to $7,500.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/cryptoslate.com\/analyst-bitcoin-to-see-far-reaching-selloff-after-tapping-range-highs\/","og_locale":"en_US","og_type":"article","og_title":"Analyst: Bitcoin to see far-reaching selloff after tapping range highs","og_description":"One analyst believes that Bitcoin's downtrend resulting from a rejection at these range highs will lead BTC all the way down to $7,500.","og_url":"https:\/\/cryptoslate.com\/analyst-bitcoin-to-see-far-reaching-selloff-after-tapping-range-highs\/","og_site_name":"CryptoSlate","article_published_time":"2020-02-06T00:00:50+00:00","article_modified_time":"2020-04-06T00:18:41+00:00","og_image":[{"width":1200,"height":630,"url":"https:\/\/cryptoslate.com\/wp-content\/uploads\/2020\/02\/bitcoin-sell.jpg","type":"image\/jpeg"}],"author":"Cole Petersen","twitter_card":"summary_large_image","twitter_creator":"@cryptoslate","twitter_site":"@cryptoslate","twitter_misc":{"Written by":"Cole Petersen","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"NewsArticle","@id":"https:\/\/cryptoslate.com\/analyst-bitcoin-to-see-far-reaching-selloff-after-tapping-range-highs\/#article","isPartOf":{"@id":"https:\/\/cryptoslate.com\/analyst-bitcoin-to-see-far-reaching-selloff-after-tapping-range-highs\/"},"author":{"@type":"Person","@id":"https:\/\/cryptoslate.com\/author\/cole-petersen\/#person","name":"Cole Petersen","url":"https:\/\/cryptoslate.com\/author\/cole-petersen\/","mainEntityOfPage":{"@id":"https:\/\/cryptoslate.com\/author\/cole-petersen\/"},"image":{"@type":"ImageObject","@id":"https:\/\/cryptoslate.com\/author\/cole-petersen\/#authorimage","url":"https:\/\/cryptoslate.com\/wp-content\/uploads\/2019\/11\/author-cole-petersen.jpg","contentUrl":"https:\/\/cryptoslate.com\/wp-content\/uploads\/2019\/11\/author-cole-petersen.jpg","caption":"Cole Petersen"},"jobTitle":"Journalist","description":"Cole is a freelance journalist and university student studying philosophy. He focuses primarily on covering cryptocurrency and blockchain-related news. He ow...","worksFor":{"@id":"https:\/\/cryptoslate.com\/#organization"},"sameAs":["https:\/\/x.com\/coIecp","https:\/\/www.linkedin.com\/in\/cole-petersen-1b7b72165"]},"headline":"Analyst: Bitcoin to see far-reaching selloff after tapping range highs","datePublished":"2020-02-06T00:00:50+00:00","dateModified":"2020-04-06T00:18:41+00:00","mainEntityOfPage":{"@id":"https:\/\/cryptoslate.com\/analyst-bitcoin-to-see-far-reaching-selloff-after-tapping-range-highs\/"},"wordCount":388,"commentCount":0,"publisher":{"@id":"https:\/\/cryptoslate.com\/#organization"},"articleSection":["Analysis","Derivatives","Price Watch"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/cryptoslate.com\/analyst-bitcoin-to-see-far-reaching-selloff-after-tapping-range-highs\/#respond"]}],"copyrightYear":"2020","copyrightHolder":{"@id":"https:\/\/cryptoslate.com\/#organization"}},{"@type":"WebPage","@id":"https:\/\/cryptoslate.com\/analyst-bitcoin-to-see-far-reaching-selloff-after-tapping-range-highs\/","url":"https:\/\/cryptoslate.com\/analyst-bitcoin-to-see-far-reaching-selloff-after-tapping-range-highs\/","name":"Analyst: Bitcoin to see far-reaching selloff after tapping range highs","isPartOf":{"@id":"https:\/\/cryptoslate.com\/#website"},"datePublished":"2020-02-06T00:00:50+00:00","dateModified":"2020-04-06T00:18:41+00:00","description":"One analyst believes that Bitcoin's downtrend resulting from a rejection at these range highs will lead BTC all the way down to $7,500.","breadcrumb":{"@id":"https:\/\/cryptoslate.com\/analyst-bitcoin-to-see-far-reaching-selloff-after-tapping-range-highs\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/cryptoslate.com\/analyst-bitcoin-to-see-far-reaching-selloff-after-tapping-range-highs\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/cryptoslate.com\/analyst-bitcoin-to-see-far-reaching-selloff-after-tapping-range-highs\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/cryptoslate.com\/"},{"@type":"ListItem","position":2,"name":"Analyst: Bitcoin to see far-reaching selloff after tapping range highs"}]},{"@type":"WebSite","@id":"https:\/\/cryptoslate.com\/#website","url":"https:\/\/cryptoslate.com\/","name":"CryptoSlate","description":"Cryptocurrency News and Real-time Coin Data","publisher":{"@id":"https:\/\/cryptoslate.com\/#organization"},"inLanguage":"en-US"},{"@type":"NewsMediaOrganization","@id":"https:\/\/cryptoslate.com\/#organization","name":"CryptoSlate","url":"https:\/\/cryptoslate.com\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/cryptoslate.com\/#\/schema\/logo\/image\/","url":"https:\/\/cryptoslate.com\/wp-content\/uploads\/2018\/05\/c-logo.jpg","contentUrl":"https:\/\/cryptoslate.com\/wp-content\/uploads\/2018\/05\/c-logo.jpg","width":1000,"height":1000,"caption":"CryptoSlate"},"image":{"@id":"https:\/\/cryptoslate.com\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/twitter.com\/cryptoslate","https:\/\/www.instagram.com\/cryptoslate","https:\/\/www.linkedin.com\/company\/cryptoslate","https:\/\/www.youtube.com\/c\/cryptoslate","https:\/\/cryptoslate.substack.com","https:\/\/t.me\/cryptoslatenews","https:\/\/www.crunchbase.com\/organization\/cryptoslate","https:\/\/iq.wiki\/wiki\/cryptoslate","https:\/\/news.google.com\/publications\/CAAqKggKIiRDQklTRlFnTWFoRUtEMk55ZVhCMGIzTnNZWFJsTG1OdmJTZ0FQAQ","https:\/\/muckrack.com\/media-outlet\/cryptoslate","https:\/\/www.tiktok.com\/@cryptoslatenews"],"publishingPrinciples":"https:\/\/cryptoslate.com\/editorial-policy\/#editorial-principles","ownershipFundingInfo":"https:\/\/cryptoslate.com\/disclaimers\/how-cryptoslate-makes-and-spends-money\/","correctionsPolicy":"https:\/\/cryptoslate.com\/editorial-policy\/#corrections-feedback","ethicsPolicy":"https:\/\/cryptoslate.com\/editorial-policy\/#editorial-principles","foundingDate":"2017-08-04","founder":[{"@type":"Person","name":"Nate Whitehill"},{"@type":"Person","name":"Matthew Blancarte"}],"contactPoint":[{"@type":"ContactPoint","contactType":"customer support","url":"https:\/\/cryptoslate.com\/contact\/","availableLanguage":"en-US"},{"@type":"ContactPoint","contactType":"sales","url":"https:\/\/cryptoslate.com\/advertising\/","availableLanguage":"en-US"},{"@type":"ContactPoint","contactType":"newsroom","url":"https:\/\/cryptoslate.com\/editorial-policy\/#corrections-feedback","email":"tips@cryptoslate.com","availableLanguage":"en-US"}],"masthead":"https:\/\/cryptoslate.com\/about\/#masthead"},{"@type":"Person","@id":"https:\/\/cryptoslate.com\/#\/schema\/person\/2b1a128b1bb3b607728d78eeb99cf9c3","name":"Cole Petersen","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/cryptoslate.com\/#\/schema\/person\/image\/","url":"https:\/\/cryptoslate.com\/wp-content\/uploads\/2019\/11\/author-cole-petersen-150x150.jpg","contentUrl":"https:\/\/cryptoslate.com\/wp-content\/uploads\/2019\/11\/author-cole-petersen-150x150.jpg","caption":"Cole Petersen"},"description":"Cole is a freelance journalist and university student studying philosophy. He focuses primarily on covering cryptocurrency and blockchain-related news. He owns a non-life-changing sum of Bitcoin and enjoys day trading.","url":"https:\/\/cryptoslate.com\/author\/cole-petersen\/"}]}},"_links":{"self":[{"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/posts\/124574"}],"collection":[{"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/users\/174"}],"replies":[{"embeddable":true,"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/comments?post=124574"}],"version-history":[{"count":4,"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/posts\/124574\/revisions"}],"predecessor-version":[{"id":124586,"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/posts\/124574\/revisions\/124586"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/media\/124585"}],"wp:attachment":[{"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/media?parent=124574"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/categories?post=124574"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/tags?post=124574"},{"taxonomy":"prediction_market_topic","embeddable":true,"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/prediction_market_topic?post=124574"},{"taxonomy":"post_folder","embeddable":true,"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/post_folder?post=124574"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}