{"id":381431,"date":"2019-05-09T06:00:18","date_gmt":"2019-05-09T06:00:18","guid":{"rendered":"https:\/\/wncen.com\/?p=381431"},"modified":"2024-06-11T13:39:44","modified_gmt":"2024-06-11T13:39:44","slug":"bitcoin-btc-price-rally-reaching-crucial-juncture","status":"publish","type":"post","link":"https:\/\/wncen.com\/news\/bitcoin-btc-price-rally-reaching-crucial-juncture\/","title":{"rendered":"Bitcoin (BTC) Price Rally Reaching Crucial Juncture: Can Bulls Break $6.2K?"},"content":{"rendered":"<ul>\n<li>Bitcoin price extended gains and traded to a new 2019 high above $6,080 against the US Dollar.<\/li>\n<li>The price surged higher towards the $6,100 level and it is currently consolidating gains.<\/li>\n<li>There was a break above a connecting trend line with resistance at $6,005 on the hourly chart of the BTC\/USD pair (data feed from Kraken).<\/li>\n<li>The pair remains well supported on the downside, but there are many hurdles near $6,100 and $6,200.<\/li>\n<\/ul>\n<p><em>Bitcoin price surging higher with a bullish bias above $6,000 against the US Dollar. BTC could surge towards the $6,200 level before a strong downside correction.<\/em><\/p>\n<h2>Bitcoin Price Analysis<\/h2>\n<p>Yesterday, there was a <a href=\"https:\/\/wncen.com\/2019\/05\/08\/bitcoin-btc-price-strong-buy-binance-hack\/\" target=\"_blank\" rel=\"noopener noreferrer \">sharp decline<\/a> in bitcoin price below $5,900 against the US Dollar due to the Binance exchange security breach. The BTC\/USD pair declined below the $5,800 level and the 100 hourly simple moving average. However, the $5,660 level acted as a strong support, resulting in a fresh rise. The price started a strong rise and broke the $5,900 and $5,950 resistance levels. There was even a close above the $5,950 level and the 100 hourly SMA.<\/p>\n<p>During the rise, there was a break above a connecting trend line with resistance at $6,005 on the hourly chart of the BTC\/USD pair. The pair climbed above the $6,050 level and traded to a <a href=\"https:\/\/wncen.com\/2019\/05\/07\/bitcoin-btc-price-rally-inflection-point\/\" target=\"_blank\" rel=\"noopener noreferrer \">new 2019 high<\/a> above $6,080. A swing high was formed at $6,096 and the price is currently consolidating gains. An initial support is near $6,020, the broken trend line, and the 23.6% Fib retracement level of the last wave from the $5,810 low to $6,096 high. If there is a break below $6,020 and $6,000, the price may test the $5,950 support zone. It represents a strong support and coincides with the 50% Fib retracement level of the last wave from the $5,810 low to $6,096 high.<\/p>\n<p>If there is a downside extension, the next support is at $5,920. There is also a connecting bullish trend line on the same chart with support near $5,880. Therefore, the price remains well supported on the downside near $6,020, $6,000 and $5,950. On the upside, there are many hurdles for the bulls near $6,100 and $6,200.<\/p>\n<p><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-381432\" src=\"https:\/\/wncen.com\/wp-content\/uploads\/2019\/05\/Bitcoin-8.png?resize=1828%2C868\" alt=\"Bitcoin Price Analysis BTC Chart\" width=\"1828\" height=\"868\" srcset=\"https:\/\/wncen.com\/wp-content\/uploads\/2019\/05\/Bitcoin-8.png?w=1828 1828w, https:\/\/wncen.com\/wp-content\/uploads\/2019\/05\/Bitcoin-8.png?w=460 460w, https:\/\/wncen.com\/wp-content\/uploads\/2019\/05\/Bitcoin-8.png?w=768 768w, https:\/\/wncen.com\/wp-content\/uploads\/2019\/05\/Bitcoin-8.png?w=860 860w, https:\/\/wncen.com\/wp-content\/uploads\/2019\/05\/Bitcoin-8.png?w=1536 1536w, https:\/\/wncen.com\/wp-content\/uploads\/2019\/05\/Bitcoin-8.png?w=750 750w, https:\/\/wncen.com\/wp-content\/uploads\/2019\/05\/Bitcoin-8.png?w=1140 1140w\" sizes=\"(max-width: 1000px) 100vw, 1000px\"><\/p>\n<p>Looking at the <a href=\"https:\/\/www.tradingview.com\/symbols\/XBTUSD\/\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">chart<\/a>, bitcoin price is clearly placed in a strong uptrend above $5,950. Having said that, the price could start a crucial downside correction at any moment or from the $6,100 and $6,200 resistances.<\/p>\n<p>Technical indicators:<\/p>\n<p>Hourly MACD \u2013 The MACD is currently is gaining pace in the bullish zone, with positive signs.<\/p>\n<p>Hourly RSI (Relative Strength Index) \u2013 The RSI for BTC\/USD is currently in the overbought zone above the 75 level.<\/p>\n<p>Major Support Levels \u2013 $6,000 followed by $5,950.<\/p>\n<p>Major Resistance Levels \u2013 $6,080, $6,100 and $6,200.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bitcoin price extended gains and traded to a new 2019 high above $6,080 against the US Dollar. The price surged higher towards the $6,100 level and it is currently consolidating gains. There was a break above a connecting trend line with resistance at $6,005 on the hourly chart of the BTC\/USD pair (data feed from Kraken). The pair remains well supported on the downside, but there are many hurdles near $6,100 and $6,200. Bitcoin price surging higher with a bullish bias above $6,000 against the US Dollar. BTC could surge towards the $6,200 level before a strong downside correction. Bitcoin Price Analysis Yesterday, there was a sharp decline in bitcoin price below $5,900 against the US Dollar due to the Binance exchange security breach. The BTC\/USD pair declined below the $5,800 level and the 100 hourly simple moving average. However, the $5,660 level acted as a strong support, resulting in a fresh rise. The price started a strong rise and broke the $5,900 and $5,950 resistance levels. There was even a close above the $5,950 level and the 100 hourly SMA. During the rise, there was a break above a connecting trend line with resistance at $6,005 on the hourly chart of the BTC\/USD pair. The pair climbed above the $6,050 level and traded to a new 2019 high above $6,080. A swing high was formed at $6,096 and the price is currently consolidating gains. An initial support is near $6,020, the broken trend line, and the 23.6% Fib retracement level of the last wave from the $5,810 low to $6,096 high. If there is a break below $6,020 and $6,000, the price may test the $5,950 support zone. It represents a strong support and coincides with the 50% Fib retracement level of the last wave from the $5,810 low to $6,096 high. If there is a downside extension, the next support is at $5,920. There is also a connecting bullish trend line on the same chart with support near $5,880. Therefore, the price remains well supported on the downside near $6,020, $6,000 and $5,950. On the upside, there are many hurdles for the bulls near $6,100 and $6,200. Looking at the chart, bitcoin price is clearly placed in a strong uptrend above $5,950. Having said that, the price could start a crucial downside correction at any moment or from the $6,100 and $6,200 resistances. Technical indicators: Hourly MACD \u2013 The MACD is currently is gaining pace in the bullish zone, with positive signs. Hourly RSI (Relative Strength Index) \u2013 The RSI for BTC\/USD is currently in the overbought zone above the 75 level. Major Support Levels \u2013 $6,000 followed by $5,950. Major Resistance Levels \u2013 $6,080, $6,100 and $6,200.<\/p>\n","protected":false},"author":67,"featured_media":380889,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[3],"tags":[428,1119],"class_list":["post-381431","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-bitcoin","tag-btc"],"acf":[],"yoast_head":"\n<title>Bitcoin (BTC) Price Rally Reaching Crucial Juncture: Can Bulls Break $6.2K?<\/title>\n<meta name=\"description\" content=\"Bitcoin price surging higher with a bullish bias above $6,000 against the US Dollar. BTC could surge towards the $6,200 level before a strong downside correction.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/wncen.com\/news\/bitcoin-btc-price-rally-reaching-crucial-juncture\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Bitcoin (BTC) Price Rally Reaching Crucial Juncture: Can Bulls Break $6.2K?\" \/>\n<meta property=\"og:description\" content=\"Bitcoin price surging higher with a bullish bias above $6,000 against the US Dollar. BTC could surge towards the $6,200 level before a strong downside correction.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/wncen.com\/news\/bitcoin-btc-price-rally-reaching-crucial-juncture\/\" \/>\n<meta property=\"og:site_name\" content=\"NewsBTC\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/newsbtc\" \/>\n<meta property=\"article:published_time\" content=\"2019-05-09T06:00:18+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-06-11T13:39:44+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/wncen.com\/wp-content\/uploads\/2019\/05\/bitcoin_price_btc.jpg?fit=1000%2C667\" \/>\n\t<meta property=\"og:image:width\" content=\"1000\" \/>\n\t<meta property=\"og:image:height\" content=\"667\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Aayush Jindal\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@twitter.com\/AayushJs\" \/>\n<meta name=\"twitter:site\" content=\"@newsbtc\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Aayush Jindal\" \/>\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:\/\/wncen.com\/news\/bitcoin-btc-price-rally-reaching-crucial-juncture\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/wncen.com\/news\/bitcoin-btc-price-rally-reaching-crucial-juncture\/\"},\"author\":{\"name\":\"Aayush Jindal\",\"@id\":\"https:\/\/wncen.com\/#\/schema\/person\/1f8631be4d0868de3fd2f21f17d9ae70\"},\"headline\":\"Bitcoin (BTC) Price Rally Reaching Crucial Juncture: Can Bulls Break $6.2K?\",\"datePublished\":\"2019-05-09T06:00:18+00:00\",\"dateModified\":\"2024-06-11T13:39:44+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/wncen.com\/news\/bitcoin-btc-price-rally-reaching-crucial-juncture\/\"},\"wordCount\":414,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/wncen.com\/#organization\"},\"image\":{\"@id\":\"https:\/\/wncen.com\/news\/bitcoin-btc-price-rally-reaching-crucial-juncture\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/wncen.com\/wp-content\/uploads\/2019\/05\/bitcoin_price_btc.jpg?fit=1000%2C667\",\"keywords\":[\"bitcoin\",\"btc\"],\"articleSection\":[\"Cryptocurrency Market News\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/wncen.com\/news\/bitcoin-btc-price-rally-reaching-crucial-juncture\/#respond\"]}],\"copyrightYear\":\"2019\",\"copyrightHolder\":{\"@id\":\"https:\/\/wncen.com\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/wncen.com\/news\/bitcoin-btc-price-rally-reaching-crucial-juncture\/\",\"url\":\"https:\/\/wncen.com\/news\/bitcoin-btc-price-rally-reaching-crucial-juncture\/\",\"name\":\"Bitcoin (BTC) Price Rally Reaching Crucial Juncture: Can Bulls Break $6.2K?\",\"isPartOf\":{\"@id\":\"https:\/\/wncen.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/wncen.com\/news\/bitcoin-btc-price-rally-reaching-crucial-juncture\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/wncen.com\/news\/bitcoin-btc-price-rally-reaching-crucial-juncture\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/wncen.com\/wp-content\/uploads\/2019\/05\/bitcoin_price_btc.jpg?fit=1000%2C667\",\"datePublished\":\"2019-05-09T06:00:18+00:00\",\"dateModified\":\"2024-06-11T13:39:44+00:00\",\"description\":\"Bitcoin price surging higher with a bullish bias above $6,000 against the US Dollar. BTC could surge towards the $6,200 level before a strong downside correction.\",\"breadcrumb\":{\"@id\":\"https:\/\/wncen.com\/news\/bitcoin-btc-price-rally-reaching-crucial-juncture\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/wncen.com\/news\/bitcoin-btc-price-rally-reaching-crucial-juncture\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/wncen.com\/news\/bitcoin-btc-price-rally-reaching-crucial-juncture\/#primaryimage\",\"url\":\"https:\/\/wncen.com\/wp-content\/uploads\/2019\/05\/bitcoin_price_btc.jpg?fit=1000%2C667\",\"contentUrl\":\"https:\/\/wncen.com\/wp-content\/uploads\/2019\/05\/bitcoin_price_btc.jpg?fit=1000%2C667\",\"width\":1000,\"height\":667,\"caption\":\"Bitcoin Price Bull Run BTC\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/wncen.com\/news\/bitcoin-btc-price-rally-reaching-crucial-juncture\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/wncen.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Bitcoin (BTC) Price Rally Reaching Crucial Juncture: Can Bulls Break $6.2K?\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/wncen.com\/#website\",\"url\":\"https:\/\/wncen.com\/\",\"name\":\"NewsBTC\",\"description\":\"Bitcoin &amp; Cryptocurrency News Today\",\"publisher\":{\"@id\":\"https:\/\/wncen.com\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/wncen.com\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/wncen.com\/#organization\",\"name\":\"NewsBTC\",\"url\":\"https:\/\/wncen.com\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/wncen.com\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46\",\"contentUrl\":\"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46\",\"width\":157,\"height\":46,\"caption\":\"NewsBTC\"},\"image\":{\"@id\":\"https:\/\/wncen.com\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/www.facebook.com\/newsbtc\",\"https:\/\/x.com\/newsbtc\",\"https:\/\/www.youtube.com\/channel\/UC9v9erBEru5y4c3FA0wehEw\"]},{\"@type\":\"Person\",\"@id\":\"https:\/\/wncen.com\/#\/schema\/person\/1f8631be4d0868de3fd2f21f17d9ae70\",\"name\":\"Aayush Jindal\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/wncen.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/a4650459bf0ce4ce9ed18195cbf5a02d?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/a4650459bf0ce4ce9ed18195cbf5a02d?s=96&d=mm&r=g\",\"caption\":\"Aayush Jindal\"},\"description\":\"Aayush Jindal, a luminary in the world of financial markets, whose expertise spans over 15 illustrious years in the realms of Forex and cryptocurrency trading. Renowned for his unparalleled proficiency in providing technical analysis, Aayush is a trusted advisor and senior market expert to investors worldwide, guiding them through the intricate landscapes of modern finance with his keen insights and astute chart analysis. From a young age, Aayush exhibited a natural aptitude for deciphering complex systems and unraveling patterns. Fueled by an insatiable curiosity for understanding market dynamics, he embarked on a journey that would lead him to become one of the foremost authorities in the fields of Forex and crypto trading. With a meticulous eye for detail and an unwavering commitment to excellence, Aayush honed his craft over the years, mastering the art of technical analysis and chart interpretation. As a software engineer, Aayush harnesses the power of technology to optimize trading strategies and develop innovative solutions for navigating the volatile waters of financial markets. His background in software engineering has equipped him with a unique skill set, enabling him to leverage cutting-edge tools and algorithms to gain a competitive edge in an ever-evolving landscape. In addition to his roles in finance and technology, Aayush serves as the director of a prestigious IT company, where he spearheads initiatives aimed at driving digital innovation and transformation. Under his visionary leadership, the company has flourished, cementing its position as a leader in the tech industry and paving the way for groundbreaking advancements in software development and IT solutions. Despite his demanding professional commitments, Aayush is a firm believer in the importance of work-life balance. An avid traveler and adventurer, he finds solace in exploring new destinations, immersing himself in different cultures, and forging lasting memories along the way. Whether he's trekking through the Himalayas, diving in the azure waters of the Maldives, or experiencing the vibrant energy of bustling metropolises, Aayush embraces every opportunity to broaden his horizons and create unforgettable experiences. Aayush's journey to success is marked by a relentless pursuit of excellence and a steadfast commitment to continuous learning and growth. His academic achievements are a testament to his dedication and passion for excellence, having completed his software engineering with honors and excelling in every department. At his core, Aayush is driven by a profound passion for analyzing markets and uncovering profitable opportunities amidst volatility. Whether he's poring over price charts, identifying key support and resistance levels, or providing insightful analysis to his clients and followers, Aayush's unwavering dedication to his craft sets him apart as a true industry leader and a beacon of inspiration to aspiring traders around the globe. In a world where uncertainty reigns supreme, Aayush Jindal stands as a guiding light, illuminating the path to financial success with his unparalleled expertise, unwavering integrity, and boundless enthusiasm for the markets.\",\"sameAs\":[\"https:\/\/www.linkedin.com\/in\/aayush-jindal-358b6932\/\",\"https:\/\/x.com\/twitter.com\/AayushJs\"],\"url\":\"https:\/\/wncen.com\/author\/aayushjindal\/\"}]}<\/script>\n","yoast_head_json":{"title":"Bitcoin (BTC) Price Rally Reaching Crucial Juncture: Can Bulls Break $6.2K?","description":"Bitcoin price surging higher with a bullish bias above $6,000 against the US Dollar. BTC could surge towards the $6,200 level before a strong downside correction.","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:\/\/wncen.com\/news\/bitcoin-btc-price-rally-reaching-crucial-juncture\/","og_locale":"en_US","og_type":"article","og_title":"Bitcoin (BTC) Price Rally Reaching Crucial Juncture: Can Bulls Break $6.2K?","og_description":"Bitcoin price surging higher with a bullish bias above $6,000 against the US Dollar. BTC could surge towards the $6,200 level before a strong downside correction.","og_url":"https:\/\/wncen.com\/news\/bitcoin-btc-price-rally-reaching-crucial-juncture\/","og_site_name":"NewsBTC","article_publisher":"https:\/\/www.facebook.com\/newsbtc","article_published_time":"2019-05-09T06:00:18+00:00","article_modified_time":"2024-06-11T13:39:44+00:00","og_image":[{"width":1000,"height":667,"url":"https:\/\/wncen.com\/wp-content\/uploads\/2019\/05\/bitcoin_price_btc.jpg?fit=1000%2C667","type":"image\/jpeg"}],"author":"Aayush Jindal","twitter_card":"summary_large_image","twitter_creator":"@twitter.com\/AayushJs","twitter_site":"@newsbtc","twitter_misc":{"Written by":"Aayush Jindal","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"NewsArticle","@id":"https:\/\/wncen.com\/news\/bitcoin-btc-price-rally-reaching-crucial-juncture\/#article","isPartOf":{"@id":"https:\/\/wncen.com\/news\/bitcoin-btc-price-rally-reaching-crucial-juncture\/"},"author":{"name":"Aayush Jindal","@id":"https:\/\/wncen.com\/#\/schema\/person\/1f8631be4d0868de3fd2f21f17d9ae70"},"headline":"Bitcoin (BTC) Price Rally Reaching Crucial Juncture: Can Bulls Break $6.2K?","datePublished":"2019-05-09T06:00:18+00:00","dateModified":"2024-06-11T13:39:44+00:00","mainEntityOfPage":{"@id":"https:\/\/wncen.com\/news\/bitcoin-btc-price-rally-reaching-crucial-juncture\/"},"wordCount":414,"commentCount":0,"publisher":{"@id":"https:\/\/wncen.com\/#organization"},"image":{"@id":"https:\/\/wncen.com\/news\/bitcoin-btc-price-rally-reaching-crucial-juncture\/#primaryimage"},"thumbnailUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2019\/05\/bitcoin_price_btc.jpg?fit=1000%2C667","keywords":["bitcoin","btc"],"articleSection":["Cryptocurrency Market News"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/wncen.com\/news\/bitcoin-btc-price-rally-reaching-crucial-juncture\/#respond"]}],"copyrightYear":"2019","copyrightHolder":{"@id":"https:\/\/wncen.com\/#organization"}},{"@type":"WebPage","@id":"https:\/\/wncen.com\/news\/bitcoin-btc-price-rally-reaching-crucial-juncture\/","url":"https:\/\/wncen.com\/news\/bitcoin-btc-price-rally-reaching-crucial-juncture\/","name":"Bitcoin (BTC) Price Rally Reaching Crucial Juncture: Can Bulls Break $6.2K?","isPartOf":{"@id":"https:\/\/wncen.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/wncen.com\/news\/bitcoin-btc-price-rally-reaching-crucial-juncture\/#primaryimage"},"image":{"@id":"https:\/\/wncen.com\/news\/bitcoin-btc-price-rally-reaching-crucial-juncture\/#primaryimage"},"thumbnailUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2019\/05\/bitcoin_price_btc.jpg?fit=1000%2C667","datePublished":"2019-05-09T06:00:18+00:00","dateModified":"2024-06-11T13:39:44+00:00","description":"Bitcoin price surging higher with a bullish bias above $6,000 against the US Dollar. BTC could surge towards the $6,200 level before a strong downside correction.","breadcrumb":{"@id":"https:\/\/wncen.com\/news\/bitcoin-btc-price-rally-reaching-crucial-juncture\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/wncen.com\/news\/bitcoin-btc-price-rally-reaching-crucial-juncture\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/wncen.com\/news\/bitcoin-btc-price-rally-reaching-crucial-juncture\/#primaryimage","url":"https:\/\/wncen.com\/wp-content\/uploads\/2019\/05\/bitcoin_price_btc.jpg?fit=1000%2C667","contentUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2019\/05\/bitcoin_price_btc.jpg?fit=1000%2C667","width":1000,"height":667,"caption":"Bitcoin Price Bull Run BTC"},{"@type":"BreadcrumbList","@id":"https:\/\/wncen.com\/news\/bitcoin-btc-price-rally-reaching-crucial-juncture\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/wncen.com\/"},{"@type":"ListItem","position":2,"name":"Bitcoin (BTC) Price Rally Reaching Crucial Juncture: Can Bulls Break $6.2K?"}]},{"@type":"WebSite","@id":"https:\/\/wncen.com\/#website","url":"https:\/\/wncen.com\/","name":"NewsBTC","description":"Bitcoin &amp; Cryptocurrency News Today","publisher":{"@id":"https:\/\/wncen.com\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/wncen.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/wncen.com\/#organization","name":"NewsBTC","url":"https:\/\/wncen.com\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/wncen.com\/#\/schema\/logo\/image\/","url":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46","contentUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46","width":157,"height":46,"caption":"NewsBTC"},"image":{"@id":"https:\/\/wncen.com\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/newsbtc","https:\/\/x.com\/newsbtc","https:\/\/www.youtube.com\/channel\/UC9v9erBEru5y4c3FA0wehEw"]},{"@type":"Person","@id":"https:\/\/wncen.com\/#\/schema\/person\/1f8631be4d0868de3fd2f21f17d9ae70","name":"Aayush Jindal","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/wncen.com\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/a4650459bf0ce4ce9ed18195cbf5a02d?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/a4650459bf0ce4ce9ed18195cbf5a02d?s=96&d=mm&r=g","caption":"Aayush Jindal"},"description":"Aayush Jindal, a luminary in the world of financial markets, whose expertise spans over 15 illustrious years in the realms of Forex and cryptocurrency trading. Renowned for his unparalleled proficiency in providing technical analysis, Aayush is a trusted advisor and senior market expert to investors worldwide, guiding them through the intricate landscapes of modern finance with his keen insights and astute chart analysis. From a young age, Aayush exhibited a natural aptitude for deciphering complex systems and unraveling patterns. Fueled by an insatiable curiosity for understanding market dynamics, he embarked on a journey that would lead him to become one of the foremost authorities in the fields of Forex and crypto trading. With a meticulous eye for detail and an unwavering commitment to excellence, Aayush honed his craft over the years, mastering the art of technical analysis and chart interpretation. As a software engineer, Aayush harnesses the power of technology to optimize trading strategies and develop innovative solutions for navigating the volatile waters of financial markets. His background in software engineering has equipped him with a unique skill set, enabling him to leverage cutting-edge tools and algorithms to gain a competitive edge in an ever-evolving landscape. In addition to his roles in finance and technology, Aayush serves as the director of a prestigious IT company, where he spearheads initiatives aimed at driving digital innovation and transformation. Under his visionary leadership, the company has flourished, cementing its position as a leader in the tech industry and paving the way for groundbreaking advancements in software development and IT solutions. Despite his demanding professional commitments, Aayush is a firm believer in the importance of work-life balance. An avid traveler and adventurer, he finds solace in exploring new destinations, immersing himself in different cultures, and forging lasting memories along the way. Whether he's trekking through the Himalayas, diving in the azure waters of the Maldives, or experiencing the vibrant energy of bustling metropolises, Aayush embraces every opportunity to broaden his horizons and create unforgettable experiences. Aayush's journey to success is marked by a relentless pursuit of excellence and a steadfast commitment to continuous learning and growth. His academic achievements are a testament to his dedication and passion for excellence, having completed his software engineering with honors and excelling in every department. At his core, Aayush is driven by a profound passion for analyzing markets and uncovering profitable opportunities amidst volatility. Whether he's poring over price charts, identifying key support and resistance levels, or providing insightful analysis to his clients and followers, Aayush's unwavering dedication to his craft sets him apart as a true industry leader and a beacon of inspiration to aspiring traders around the globe. In a world where uncertainty reigns supreme, Aayush Jindal stands as a guiding light, illuminating the path to financial success with his unparalleled expertise, unwavering integrity, and boundless enthusiasm for the markets.","sameAs":["https:\/\/www.linkedin.com\/in\/aayush-jindal-358b6932\/","https:\/\/x.com\/twitter.com\/AayushJs"],"url":"https:\/\/wncen.com\/author\/aayushjindal\/"}]}},"parsely":{"version":"1.1.0","meta":{"@context":"https:\/\/schema.org","@type":"NewsArticle","headline":"Bitcoin (BTC) Price Rally Reaching Crucial Juncture: Can Bulls Break $6.2K?","url":"http:\/\/wncen.com\/news\/bitcoin-btc-price-rally-reaching-crucial-juncture\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/wncen.com\/news\/bitcoin-btc-price-rally-reaching-crucial-juncture\/"},"thumbnailUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2019\/05\/bitcoin_price_btc.jpg?resize=200%2C200","image":{"@type":"ImageObject","url":"https:\/\/wncen.com\/wp-content\/uploads\/2019\/05\/bitcoin_price_btc.jpg?fit=1000%2C667"},"articleSection":"Cryptocurrency Market News","author":[{"@type":"Person","name":"Aayush Jindal"}],"creator":["Aayush Jindal"],"publisher":{"@type":"Organization","name":"NewsBTC","logo":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/cropped-cropped-cropped-favicon.png?w=32"},"keywords":["bitcoin","btc"],"dateCreated":"2019-05-09T06:00:18Z","datePublished":"2019-05-09T06:00:18Z","dateModified":"2024-06-11T13:39:44Z"},"rendered":"<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"NewsArticle\",\"headline\":\"Bitcoin (BTC) Price Rally Reaching Crucial Juncture: Can Bulls Break $6.2K?\",\"url\":\"http:\\\/\\\/wncen.com\\\/news\\\/bitcoin-btc-price-rally-reaching-crucial-juncture\\\/\",\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/wncen.com\\\/news\\\/bitcoin-btc-price-rally-reaching-crucial-juncture\\\/\"},\"thumbnailUrl\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2019\\\/05\\\/bitcoin_price_btc.jpg?resize=200%2C200\",\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2019\\\/05\\\/bitcoin_price_btc.jpg?fit=1000%2C667\"},\"articleSection\":\"Cryptocurrency Market News\",\"author\":[{\"@type\":\"Person\",\"name\":\"Aayush Jindal\"}],\"creator\":[\"Aayush Jindal\"],\"publisher\":{\"@type\":\"Organization\",\"name\":\"NewsBTC\",\"logo\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2020\\\/06\\\/cropped-cropped-cropped-favicon.png?w=32\"},\"keywords\":[\"bitcoin\",\"btc\"],\"dateCreated\":\"2019-05-09T06:00:18Z\",\"datePublished\":\"2019-05-09T06:00:18Z\",\"dateModified\":\"2024-06-11T13:39:44Z\"}<\/script>","tracker_url":"https:\/\/cdn.parsely.com\/keys\/wncen.com\/p.js"},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/wncen.com\/wp-content\/uploads\/2019\/05\/bitcoin_price_btc.jpg?fit=1000%2C667","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts\/381431"}],"collection":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/users\/67"}],"replies":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/comments?post=381431"}],"version-history":[{"count":0,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts\/381431\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/media\/380889"}],"wp:attachment":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/media?parent=381431"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/categories?post=381431"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/tags?post=381431"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}