{"headers":{"Content-Type":"application\/x-www-form-urlencoded"},"body":"source_lang=EN&target_lang=ES&tag_handling=xml&split_sentences=1&preserve_formatting=1&text=Bitcoin%27s+Price+Drop%3A+Suddenly+Losing+%241%2C000+USD+in+Minutes&text=Bitcoin+price+took+a+nosedive+in+trading+values.+While+it+has+been+expected%2C+the+bearish+move+might+not+be+all+bad+news.&text=%3Ca+href%3D%22https%3A%2F%2Fwww.coininsider.com%2Ftrading-platforms%2F%22%3EBitcoin+price%3C%2Fa%3E+has+got+its+anticipated+pullback%2C+dropping+over+%241%2C000+USD+in+price+before+it+could+touch+its+recorded+all-time+high+value.%0A%0AAs+the+market+gained+closer+to+the+%2420%2C000+USD+mark%2C+Bitcoin+price+experienced+a+wave+of+major+volatility+dropping+at+around+5%25+in+trading+value.+This+occurred+just+after+almost+hitting+a+resistance+level+of+%2419%2C500+USD.%0A%3Ch2%3EWhy+did+Bitcoin+price+drop%3F%3C%2Fh2%3E%0AIt+seems+as+though+the+large-volume+investors+depositing+BTC+to+exchanges+could+be+the+reason+for+the+sudden+decline.+As+founder+of+on-chain+analytics+resource+CryptoQuant+Ki+Young+Ju+noted%3A%0A%3Cblockquote+class%3D%22twitter-tweet%22%3E%0A%3Cp+dir%3D%22ltr%22+lang%3D%22en%22%3EAll+Exchanges+Inflow+Mean+increased+a+few+hours+ago.%3C%2Fp%3E%0AIt+indicates+that+whales%2C+relatively+speaking%2C+deposited+%3Ca+href%3D%22https%3A%2F%2Ftwitter.com%2Fsearch%3Fq%3D%2524BTC%26amp%3Bsrc%3Dctag%26amp%3Bref_src%3Dtwsrc%255Etfw%22%3E%24BTC%3C%2Fa%3E+to+exchanges.%0A%0ABut+long-term+on-chain+indicators+say+the+buying+pressure+prevails.+I+still+think+we+can+break+20k+in+a+few+days.%0A%0AChart+%F0%9F%91%89+%3Ca+href%3D%22https%3A%2F%2Ft.co%2FmL1j2ZqVf8%22%3Ehttps%3A%2F%2Ft.co%2FmL1j2ZqVf8%3C%2Fa%3E+%3Ca+href%3D%22https%3A%2F%2Ft.co%2F6ErmJHrS4v%22%3Epic.twitter.com%2F6ErmJHrS4v%3C%2Fa%3E%0A%0A%E2%80%94+Ki+Young+Ju+%EC%A3%BC%EA%B8%B0%EC%98%81+%28%40ki_young_ju%29+%3Ca+href%3D%22https%3A%2F%2Ftwitter.com%2Fki_young_ju%2Fstatus%2F1331815316838486016%3Fref_src%3Dtwsrc%255Etfw%22%3ENovember+26%2C+2020%3C%2Fa%3E%3C%2Fblockquote%3E%0A%3Cscript+async+src%3D%22https%3A%2F%2Fplatform.twitter.com%2Fwidgets.js%22+charset%3D%22utf-8%22%3E%3C%2Fscript%3E%0A%3Ch2%3EBitcoin+price+drop+not+necessarily+bad+news%3C%2Fh2%3E%0AWhile+it+seems+like+a+bearish+decline%2C+it%27s+not+necessarily+bad+for+the+overall+health+of+the+market.+A+pullback+has+been+anticipated+by+%3Ca+href%3D%22https%3A%2F%2Fwww.coininsider.com%2Fbitcoin-celebrities%2F%22%3EBitcoin%3C%2Fa%3E+%3Ca+href%3D%22https%3A%2F%2Fwww.coininsider.com%2Fbitcoin-celebrities%2F%22%3Eexperts+and+analysts%3C%2Fa%3E+for+some+time.+The+market+is+possibly+experiencing+a+short+term+sell-off+as+new+investors+sell+Bitcoin+for+higher+profits.+With+the+recent+surge+as+a+cumulative+result+of+FOMO%2C+new+investors%2C+and+fresh+institutional+interest%2C+it+is+also+possible+that+Bitcoin+won%27t+fall+back+to+lower+price+levels.%0A%0ANot+all+analysts+believe+that+the+token%27s+decline+is+at+an+end%2C+however.+Tone+Vays%2C+financial+analyst+and+derivative+trader%2C+foresees+Bitcoin+falling+down+to+around+%2414%2C000+USD+before+it+peaks+again.%0A%3Cblockquote+class%3D%22twitter-tweet%22%3E%0A%3Cp+dir%3D%22ltr%22+lang%3D%22en%22%3EI+am+looking+for+a+pullback+to+14k%3C%2Fp%3E%0A%E2%80%94+Tone+Vays+%28%23EndLockdowns%29+%28%40ToneVays%29+%3Ca+href%3D%22https%3A%2F%2Ftwitter.com%2FToneVays%2Fstatus%2F1331359997578633218%3Fref_src%3Dtwsrc%255Etfw%22%3ENovember+24%2C+2020%3C%2Fa%3E%3C%2Fblockquote%3E%0A%3Cscript+async+src%3D%22https%3A%2F%2Fplatform.twitter.com%2Fwidgets.js%22+charset%3D%22utf-8%22%3E%3C%2Fscript%3E%0A%0AThere+are+differences+between+this+correction+and+the+bearish+winter+of+2018.+Mainly%2C+the+rising+interest+from+institutional+investors+and+the+wider+spread+attention+to+the+cryptocurrency+market.+With+firms+like+Grayscale+buying+significant+portions+of+Bitcoin+and+PayPal+offering+wider+chances+of+adoption%2C+Bitcoin%27s+chances+of+recovery+remain+higher+than+before.%0A%0A+","timeout":15}