{"id":387162,"date":"2019-06-22T14:00:44","date_gmt":"2019-06-22T14:00:44","guid":{"rendered":"https:\/\/wncen.com\/?p=387162"},"modified":"2024-06-11T13:44:31","modified_gmt":"2024-06-11T13:44:31","slug":"bitcoin-bulls-relentless-btc-soar-past-11000-in-a-reminder-of-q4-2017","status":"publish","type":"post","link":"https:\/\/wncen.com\/news\/bitcoin-bulls-relentless-btc-soar-past-11000-in-a-reminder-of-q4-2017\/","title":{"rendered":"Bitcoin Bulls Relentless, BTC Soar Past $11,000 is A Reminder of Q4 2017"},"content":{"rendered":"<ul>\n<li><em>Bitcoin (BTC) prints new 2019 highs<\/em><\/li>\n<li><em>Eventually, blockchain based platforms will replace legacy bank-based systems<\/em><\/li>\n<\/ul>\n<p><em>Overly, there is a changing view of what Bitcoin is. The entry of Facebook could open doors for Wall Street corporations. Because of this possibility, Steven Eliscu of DMG Blockchain now says blockchain systems will eventually \u201csupplant legacy bank-based systems.\u201d Meanwhile, BTC prices are trading above $10,500 and 27 percent higher from last week\u2019s close.<\/em><\/p>\n<h2>Bitcoin Price Analysis<\/h2>\n<h3>Fundamentals<\/h3>\n<p>Trading above $11,000, <a href=\"https:\/\/wncen.com\/2019\/06\/21\/bitcoin-breaks-past-10000-analysts-await-mass-fomo\/\" target=\"_blank\" rel=\"noopener noreferrer \">BTC rally is parabolic<\/a>. It is a continuation of a streak that began in February 2019. More than doubling in the space of four months, investors\u2019 fortunes are changing. Spiking prices are a reminder of the late 2017 Bull Run. Then the space\u2019s market cap more than double.<\/p>\n<p>However, unlike then, players are different thanks to improving awareness and the entry of heavyweights like <a href=\"https:\/\/wncen.com\/2019\/06\/20\/bitcoin-unfazed-by-facebook-why-further-gains-are-likely\/\" target=\"_blank\" rel=\"noopener noreferrer \">Facebook<\/a> tagging legitimacy. Talking about their entry, Steven Eliscu from DMG Blockchain said:<\/p>\n<blockquote><p>\u201cThe Facebook-created blockchain is a reinforcement of the long-held idea in the Bitcoin community that a financial services system built on the blockchain will supplant legacy bank-based systems.\u201d<\/p><\/blockquote>\n<p>Adding that:<\/p>\n<blockquote><p>\u201cIn the immediate future, <a href=\"https:\/\/wncen.com\/2019\/06\/20\/amazon-squashes-crypto-rumors-as-hype-surrounding-facebooks-libra-grows\/\" target=\"_blank\" rel=\"noopener noreferrer \">Libra<\/a> provides a huge overall boost to the sector that we believe will catalyze institutional and government acceptance such that &#8211; at least the top &#8211; public cryptocurrencies are here to stay and will remain an ever important asset class that hundreds of millions of people will hold.\u201d<\/p><\/blockquote>\n<p>Generally, Bitcoin is more mature. Notably, <a href=\"https:\/\/wncen.com\/2019\/05\/15\/bitcoin-btc-capped-us-sec-delay-its-now-a-matter-of-when\/\" target=\"_blank\" rel=\"noopener noreferrer \">regulators<\/a> are more tolerant of Bitcoin and its underpinning technology.<\/p>\n<h3>Candlestick Arrangements<\/h3>\n<blockquote><p><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-387164\" src=\"https:\/\/wncen.com\/wp-content\/uploads\/2019\/06\/Bitcoin-Daily-Chart-June-22.png?resize=1280%2C1024\" alt=\"Bitcoin BTC\" width=\"1280\" height=\"1024\" srcset=\"https:\/\/wncen.com\/wp-content\/uploads\/2019\/06\/Bitcoin-Daily-Chart-June-22.png?w=1280 1280w, https:\/\/wncen.com\/wp-content\/uploads\/2019\/06\/Bitcoin-Daily-Chart-June-22.png?w=460 460w, https:\/\/wncen.com\/wp-content\/uploads\/2019\/06\/Bitcoin-Daily-Chart-June-22.png?w=768 768w, https:\/\/wncen.com\/wp-content\/uploads\/2019\/06\/Bitcoin-Daily-Chart-June-22.png?w=860 860w, https:\/\/wncen.com\/wp-content\/uploads\/2019\/06\/Bitcoin-Daily-Chart-June-22.png?w=750 750w, https:\/\/wncen.com\/wp-content\/uploads\/2019\/06\/Bitcoin-Daily-Chart-June-22.png?w=1140 1140w\" sizes=\"(max-width: 1000px) 100vw, 1000px\"><\/p><\/blockquote>\n<p>At the time of writing, <a href=\"https:\/\/wncen.com\/2019\/06\/20\/bitcoin-btc-defying-gravity-up-15-with-libra-tailwinds\/\" target=\"_blank\" rel=\"noopener noreferrer \">BTC<\/a> is up 27 percent and 11.5 percent in the last week and day respectively. The breach of $10,000 and a rally to $11,000 is a testament from bulls.<\/p>\n<p>Expanding, as the interest around cryptocurrencies increase, BTC bulls are better placed to drive the coin\u2019s price to new 2019 highs.<\/p>\n<p>In response to this encouraging development confirming buyers of April and May, every correction is a buying opportunity. Ideal targets, in light of this surge, will be $12,000 and later $15,000.<\/p>\n<p>Endorsing this view are BTC bull candlesticks banding along the upper Bollinger Band, hinting of underlying momentum as the third phase of a typical breakout pattern takes its course.<\/p>\n<h2>Technical Indicators<\/h2>\n<p>Even as prices and participation levels diverge, the FOMO moment expected following the breach of $10,000 could draw volumes. In that case, every dip is a buying opportunity. All the same, it would be ideal if the confirmation of this break is at the back of high trading volumes exceeding 31k of May 30th or better still, 47k of May 14th.<\/p>\n<pre><a href=\"https:\/\/www.tradingview.com\/\" rel=\"nofollow\"><em><strong>Chart<\/strong><\/em><\/a><em><strong> courtesy of Trading View. Image Courtesy of Shutterstock<\/strong><\/em><\/pre>\n","protected":false},"excerpt":{"rendered":"<p>Bitcoin (BTC) prints new 2019 highs Eventually, blockchain based platforms will replace legacy bank-based systems Overly, there is a changing view of what Bitcoin is. The entry of Facebook could open doors for Wall Street corporations. Because of this possibility, Steven Eliscu of DMG Blockchain now says blockchain systems will eventually \u201csupplant legacy bank-based systems.\u201d Meanwhile, BTC prices are trading above $10,500 and 27 percent higher from last week\u2019s close. Bitcoin Price Analysis Fundamentals Trading above $11,000, BTC rally is parabolic. It is a continuation of a streak that began in February 2019. More than doubling in the space of four months, investors\u2019 fortunes are changing. Spiking prices are a reminder of the late 2017 Bull Run. Then the space\u2019s market cap more than double. However, unlike then, players are different thanks to improving awareness and the entry of heavyweights like Facebook tagging legitimacy. Talking about their entry, Steven Eliscu from DMG Blockchain said: \u201cThe Facebook-created blockchain is a reinforcement of the long-held idea in the Bitcoin community that a financial services system built on the blockchain will supplant legacy bank-based systems.\u201d Adding that: \u201cIn the immediate future, Libra provides a huge overall boost to the sector that we believe will catalyze institutional and government acceptance such that &#8211; at least the top &#8211; public cryptocurrencies are here to stay and will remain an ever important asset class that hundreds of millions of people will hold.\u201d Generally, Bitcoin is more mature. Notably, regulators are more tolerant of Bitcoin and its underpinning technology. Candlestick Arrangements At the time of writing, BTC is up 27 percent and 11.5 percent in the last week and day respectively. The breach of $10,000 and a rally to $11,000 is a testament from bulls. Expanding, as the interest around cryptocurrencies increase, BTC bulls are better placed to drive the coin\u2019s price to new 2019 highs. In response to this encouraging development confirming buyers of April and May, every correction is a buying opportunity. Ideal targets, in light of this surge, will be $12,000 and later $15,000. Endorsing this view are BTC bull candlesticks banding along the upper Bollinger Band, hinting of underlying momentum as the third phase of a typical breakout pattern takes its course. Technical Indicators Even as prices and participation levels diverge, the FOMO moment expected following the breach of $10,000 could draw volumes. In that case, every dip is a buying opportunity. All the same, it would be ideal if the confirmation of this break is at the back of high trading volumes exceeding 31k of May 30th or better still, 47k of May 14th. Chart courtesy of Trading View. Image Courtesy of Shutterstock<\/p>\n","protected":false},"author":384,"featured_media":386453,"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-387162","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-bitcoin","tag-btc"],"acf":[],"yoast_head":"\n<title>Bitcoin Bulls Relentless, BTC Soar Past $11,000 In A Reminder of Q4 2017<\/title>\n<meta name=\"description\" content=\"Clearly, Bitcoin bulls are in control. Less than 24 hours after clearing $10,000, BTC has surged past $11,000 in a reminder of 2017 parabolic rally.\" \/>\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-bulls-relentless-btc-soar-past-11000-in-a-reminder-of-q4-2017\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Bitcoin Bulls Relentless, BTC Soar Past $11,000 In A Reminder of Q4 2017\" \/>\n<meta property=\"og:description\" content=\"Clearly, Bitcoin bulls are in control. Less than 24 hours after clearing $10,000, BTC has surged past $11,000 in a reminder of 2017 parabolic rally.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/wncen.com\/news\/bitcoin-bulls-relentless-btc-soar-past-11000-in-a-reminder-of-q4-2017\/\" \/>\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=\"2019-06-22T14:00:44+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-06-11T13:44:31+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/wncen.com\/wp-content\/uploads\/2019\/06\/shutterstock_1369733840.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=\"Dalmas Ngetich\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@Dalmas_Ngetich\" \/>\n<meta name=\"twitter:site\" content=\"@newsbtc\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Dalmas Ngetich\" \/>\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-bulls-relentless-btc-soar-past-11000-in-a-reminder-of-q4-2017\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/wncen.com\/news\/bitcoin-bulls-relentless-btc-soar-past-11000-in-a-reminder-of-q4-2017\/\"},\"author\":{\"name\":\"Dalmas Ngetich\",\"@id\":\"https:\/\/wncen.com\/#\/schema\/person\/08a2c46e8c02b51b9464d6e0bf2b1586\"},\"headline\":\"Bitcoin Bulls Relentless, BTC Soar Past $11,000 is A Reminder of Q4 2017\",\"datePublished\":\"2019-06-22T14:00:44+00:00\",\"dateModified\":\"2024-06-11T13:44:31+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/wncen.com\/news\/bitcoin-bulls-relentless-btc-soar-past-11000-in-a-reminder-of-q4-2017\/\"},\"wordCount\":432,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/wncen.com\/#organization\"},\"image\":{\"@id\":\"https:\/\/wncen.com\/news\/bitcoin-bulls-relentless-btc-soar-past-11000-in-a-reminder-of-q4-2017\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/wncen.com\/wp-content\/uploads\/2019\/06\/shutterstock_1369733840.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-bulls-relentless-btc-soar-past-11000-in-a-reminder-of-q4-2017\/#respond\"]}],\"copyrightYear\":\"2019\",\"copyrightHolder\":{\"@id\":\"https:\/\/wncen.com\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/wncen.com\/news\/bitcoin-bulls-relentless-btc-soar-past-11000-in-a-reminder-of-q4-2017\/\",\"url\":\"https:\/\/wncen.com\/news\/bitcoin-bulls-relentless-btc-soar-past-11000-in-a-reminder-of-q4-2017\/\",\"name\":\"Bitcoin Bulls Relentless, BTC Soar Past $11,000 In A Reminder of Q4 2017\",\"isPartOf\":{\"@id\":\"https:\/\/wncen.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/wncen.com\/news\/bitcoin-bulls-relentless-btc-soar-past-11000-in-a-reminder-of-q4-2017\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/wncen.com\/news\/bitcoin-bulls-relentless-btc-soar-past-11000-in-a-reminder-of-q4-2017\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/wncen.com\/wp-content\/uploads\/2019\/06\/shutterstock_1369733840.jpg?fit=1000%2C667\",\"datePublished\":\"2019-06-22T14:00:44+00:00\",\"dateModified\":\"2024-06-11T13:44:31+00:00\",\"description\":\"Clearly, Bitcoin bulls are in control. Less than 24 hours after clearing $10,000, BTC has surged past $11,000 in a reminder of 2017 parabolic rally.\",\"breadcrumb\":{\"@id\":\"https:\/\/wncen.com\/news\/bitcoin-bulls-relentless-btc-soar-past-11000-in-a-reminder-of-q4-2017\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/wncen.com\/news\/bitcoin-bulls-relentless-btc-soar-past-11000-in-a-reminder-of-q4-2017\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/wncen.com\/news\/bitcoin-bulls-relentless-btc-soar-past-11000-in-a-reminder-of-q4-2017\/#primaryimage\",\"url\":\"https:\/\/wncen.com\/wp-content\/uploads\/2019\/06\/shutterstock_1369733840.jpg?fit=1000%2C667\",\"contentUrl\":\"https:\/\/wncen.com\/wp-content\/uploads\/2019\/06\/shutterstock_1369733840.jpg?fit=1000%2C667\",\"width\":1000,\"height\":667,\"caption\":\"Bitcoin BTC\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/wncen.com\/news\/bitcoin-bulls-relentless-btc-soar-past-11000-in-a-reminder-of-q4-2017\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/wncen.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Bitcoin Bulls Relentless, BTC Soar Past $11,000 is A Reminder of Q4 2017\"}]},{\"@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\/08a2c46e8c02b51b9464d6e0bf2b1586\",\"name\":\"Dalmas Ngetich\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/wncen.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/73f4ad24aaf1d2abe0885846b798381a?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/73f4ad24aaf1d2abe0885846b798381a?s=96&d=mm&r=g\",\"caption\":\"Dalmas Ngetich\"},\"description\":\"Dalmas, a seasoned crypto reporter, brings a unique perspective to the industry. His specialization in NFTs, blockchain, DeFi, and blockchain news for NewsBTC, combined with a background in mechanical engineering and over a decade of experience in journalism, has allowed him to craft over 10,000 news and feature articles over the past eight years. His diverse range of topics, including technology, Forex, and finance, reflects his comprehensive understanding of the crypto landscape. His technical expertise and analytical skills have been recognized and featured by leading news outlets such as Investing.com, CoinTelegraph, Entrepreneur, Forbes, and other authority sites. Notably, he broke key news, including the Ripple and MoneyGram partnership, cementing his position as a thought leader in crypto. The news exploded. Over 100,000 people devoured this meticulously crafted report, from seasoned investors to curious newcomers. His analysis wasn't just dry facts and figures; it crackled with insight, dissecting the implications of the partnership and its potential impact on the future of finance. His deep understanding of the financial markets, technological advancements, and blockchain developments has made him a respected voice in the industry. Dalmas is also the founder of BTC-Pulse, a crypto news site, further demonstrating his commitment to the field. He firmly believes that DeFi and NFTs are here to stay and will continue to drive financial inclusion. Coming from Nairobi, Kenya, it is easy to see the source of his inspiration: Across Africa, millions lack access to traditional banks. Remote villages, limited documentation, and high minimum balances create insurmountable barriers. DeFi, not just Maker or Aave, for example, but think of Bitcoin and USDT, cuts out the middleman. Forget banks with their limitations. Even so, DeFi isn't a magic solution. The continent still struggles with reliable internet access, and educational campaigns highlighting the benefits of this wonderful solution are insufficient. Moreover, even for those interested, understanding DeFi can look like learning a new language. Dalmas is here to help make the tech easy to understand and digestible, even for beginners. The story of DeFi in Africa is still being written. Challenges abound, but the promise of a more inclusive financial future is a powerful motivator. With innovation and collaboration, Dalmas firmly believes that DeFi could become the key to unlocking Africa's full economic potential. This possibility and its immense value motivate Dalmas to continue breaking key DeFi innovations and more across the globe. His engineering background further enhances his ability to deliver well-thought-out pieces that blend technical insight with clear, impactful reporting. Beyond his professional achievements, Dalmas is deeply passionate about technology and politics. Policies drive adoption, and being at the forefront and keeping up with how they evolve is crucial for the sphere to mature. When Dalmas is not closely monitoring the latest crypto events, he can be found in nature, exploring the picturesque countryside, and traveling with his family and friends. His love for adventure and discovery perfectly complements his investigative and reporting skills. You can connect with Dalmas on X: @Dalmas_Ngetich, or contact him on Telegram @Dalmas_Ngetich.\",\"sameAs\":[\"https:\/\/www.linkedin.com\/in\/dalmas-ngetich-40a67a147\/\",\"https:\/\/x.com\/Dalmas_Ngetich\"],\"url\":\"https:\/\/wncen.com\/author\/dalmasngetich\/\"}]}<\/script>\n","yoast_head_json":{"title":"Bitcoin Bulls Relentless, BTC Soar Past $11,000 In A Reminder of Q4 2017","description":"Clearly, Bitcoin bulls are in control. Less than 24 hours after clearing $10,000, BTC has surged past $11,000 in a reminder of 2017 parabolic rally.","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-bulls-relentless-btc-soar-past-11000-in-a-reminder-of-q4-2017\/","og_locale":"en_US","og_type":"article","og_title":"Bitcoin Bulls Relentless, BTC Soar Past $11,000 In A Reminder of Q4 2017","og_description":"Clearly, Bitcoin bulls are in control. Less than 24 hours after clearing $10,000, BTC has surged past $11,000 in a reminder of 2017 parabolic rally.","og_url":"https:\/\/wncen.com\/news\/bitcoin-bulls-relentless-btc-soar-past-11000-in-a-reminder-of-q4-2017\/","og_site_name":"NewsBTC","article_publisher":"https:\/\/www.facebook.com\/newsbtc","article_published_time":"2019-06-22T14:00:44+00:00","article_modified_time":"2024-06-11T13:44:31+00:00","og_image":[{"width":1000,"height":667,"url":"https:\/\/wncen.com\/wp-content\/uploads\/2019\/06\/shutterstock_1369733840.jpg?fit=1000%2C667","type":"image\/jpeg"}],"author":"Dalmas Ngetich","twitter_card":"summary_large_image","twitter_creator":"@Dalmas_Ngetich","twitter_site":"@newsbtc","twitter_misc":{"Written by":"Dalmas Ngetich","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"NewsArticle","@id":"https:\/\/wncen.com\/news\/bitcoin-bulls-relentless-btc-soar-past-11000-in-a-reminder-of-q4-2017\/#article","isPartOf":{"@id":"https:\/\/wncen.com\/news\/bitcoin-bulls-relentless-btc-soar-past-11000-in-a-reminder-of-q4-2017\/"},"author":{"name":"Dalmas Ngetich","@id":"https:\/\/wncen.com\/#\/schema\/person\/08a2c46e8c02b51b9464d6e0bf2b1586"},"headline":"Bitcoin Bulls Relentless, BTC Soar Past $11,000 is A Reminder of Q4 2017","datePublished":"2019-06-22T14:00:44+00:00","dateModified":"2024-06-11T13:44:31+00:00","mainEntityOfPage":{"@id":"https:\/\/wncen.com\/news\/bitcoin-bulls-relentless-btc-soar-past-11000-in-a-reminder-of-q4-2017\/"},"wordCount":432,"commentCount":0,"publisher":{"@id":"https:\/\/wncen.com\/#organization"},"image":{"@id":"https:\/\/wncen.com\/news\/bitcoin-bulls-relentless-btc-soar-past-11000-in-a-reminder-of-q4-2017\/#primaryimage"},"thumbnailUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2019\/06\/shutterstock_1369733840.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-bulls-relentless-btc-soar-past-11000-in-a-reminder-of-q4-2017\/#respond"]}],"copyrightYear":"2019","copyrightHolder":{"@id":"https:\/\/wncen.com\/#organization"}},{"@type":"WebPage","@id":"https:\/\/wncen.com\/news\/bitcoin-bulls-relentless-btc-soar-past-11000-in-a-reminder-of-q4-2017\/","url":"https:\/\/wncen.com\/news\/bitcoin-bulls-relentless-btc-soar-past-11000-in-a-reminder-of-q4-2017\/","name":"Bitcoin Bulls Relentless, BTC Soar Past $11,000 In A Reminder of Q4 2017","isPartOf":{"@id":"https:\/\/wncen.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/wncen.com\/news\/bitcoin-bulls-relentless-btc-soar-past-11000-in-a-reminder-of-q4-2017\/#primaryimage"},"image":{"@id":"https:\/\/wncen.com\/news\/bitcoin-bulls-relentless-btc-soar-past-11000-in-a-reminder-of-q4-2017\/#primaryimage"},"thumbnailUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2019\/06\/shutterstock_1369733840.jpg?fit=1000%2C667","datePublished":"2019-06-22T14:00:44+00:00","dateModified":"2024-06-11T13:44:31+00:00","description":"Clearly, Bitcoin bulls are in control. Less than 24 hours after clearing $10,000, BTC has surged past $11,000 in a reminder of 2017 parabolic rally.","breadcrumb":{"@id":"https:\/\/wncen.com\/news\/bitcoin-bulls-relentless-btc-soar-past-11000-in-a-reminder-of-q4-2017\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/wncen.com\/news\/bitcoin-bulls-relentless-btc-soar-past-11000-in-a-reminder-of-q4-2017\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/wncen.com\/news\/bitcoin-bulls-relentless-btc-soar-past-11000-in-a-reminder-of-q4-2017\/#primaryimage","url":"https:\/\/wncen.com\/wp-content\/uploads\/2019\/06\/shutterstock_1369733840.jpg?fit=1000%2C667","contentUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2019\/06\/shutterstock_1369733840.jpg?fit=1000%2C667","width":1000,"height":667,"caption":"Bitcoin BTC"},{"@type":"BreadcrumbList","@id":"https:\/\/wncen.com\/news\/bitcoin-bulls-relentless-btc-soar-past-11000-in-a-reminder-of-q4-2017\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/wncen.com\/"},{"@type":"ListItem","position":2,"name":"Bitcoin Bulls Relentless, BTC Soar Past $11,000 is A Reminder of Q4 2017"}]},{"@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\/08a2c46e8c02b51b9464d6e0bf2b1586","name":"Dalmas Ngetich","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/wncen.com\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/73f4ad24aaf1d2abe0885846b798381a?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/73f4ad24aaf1d2abe0885846b798381a?s=96&d=mm&r=g","caption":"Dalmas Ngetich"},"description":"Dalmas, a seasoned crypto reporter, brings a unique perspective to the industry. His specialization in NFTs, blockchain, DeFi, and blockchain news for NewsBTC, combined with a background in mechanical engineering and over a decade of experience in journalism, has allowed him to craft over 10,000 news and feature articles over the past eight years. His diverse range of topics, including technology, Forex, and finance, reflects his comprehensive understanding of the crypto landscape. His technical expertise and analytical skills have been recognized and featured by leading news outlets such as Investing.com, CoinTelegraph, Entrepreneur, Forbes, and other authority sites. Notably, he broke key news, including the Ripple and MoneyGram partnership, cementing his position as a thought leader in crypto. The news exploded. Over 100,000 people devoured this meticulously crafted report, from seasoned investors to curious newcomers. His analysis wasn't just dry facts and figures; it crackled with insight, dissecting the implications of the partnership and its potential impact on the future of finance. His deep understanding of the financial markets, technological advancements, and blockchain developments has made him a respected voice in the industry. Dalmas is also the founder of BTC-Pulse, a crypto news site, further demonstrating his commitment to the field. He firmly believes that DeFi and NFTs are here to stay and will continue to drive financial inclusion. Coming from Nairobi, Kenya, it is easy to see the source of his inspiration: Across Africa, millions lack access to traditional banks. Remote villages, limited documentation, and high minimum balances create insurmountable barriers. DeFi, not just Maker or Aave, for example, but think of Bitcoin and USDT, cuts out the middleman. Forget banks with their limitations. Even so, DeFi isn't a magic solution. The continent still struggles with reliable internet access, and educational campaigns highlighting the benefits of this wonderful solution are insufficient. Moreover, even for those interested, understanding DeFi can look like learning a new language. Dalmas is here to help make the tech easy to understand and digestible, even for beginners. The story of DeFi in Africa is still being written. Challenges abound, but the promise of a more inclusive financial future is a powerful motivator. With innovation and collaboration, Dalmas firmly believes that DeFi could become the key to unlocking Africa's full economic potential. This possibility and its immense value motivate Dalmas to continue breaking key DeFi innovations and more across the globe. His engineering background further enhances his ability to deliver well-thought-out pieces that blend technical insight with clear, impactful reporting. Beyond his professional achievements, Dalmas is deeply passionate about technology and politics. Policies drive adoption, and being at the forefront and keeping up with how they evolve is crucial for the sphere to mature. When Dalmas is not closely monitoring the latest crypto events, he can be found in nature, exploring the picturesque countryside, and traveling with his family and friends. His love for adventure and discovery perfectly complements his investigative and reporting skills. You can connect with Dalmas on X: @Dalmas_Ngetich, or contact him on Telegram @Dalmas_Ngetich.","sameAs":["https:\/\/www.linkedin.com\/in\/dalmas-ngetich-40a67a147\/","https:\/\/x.com\/Dalmas_Ngetich"],"url":"https:\/\/wncen.com\/author\/dalmasngetich\/"}]}},"parsely":{"version":"1.1.0","meta":{"@context":"https:\/\/schema.org","@type":"NewsArticle","headline":"Bitcoin Bulls Relentless, BTC Soar Past $11,000 is A Reminder of Q4 2017","url":"http:\/\/wncen.com\/news\/bitcoin-bulls-relentless-btc-soar-past-11000-in-a-reminder-of-q4-2017\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/wncen.com\/news\/bitcoin-bulls-relentless-btc-soar-past-11000-in-a-reminder-of-q4-2017\/"},"thumbnailUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2019\/06\/shutterstock_1369733840.jpg?resize=200%2C200","image":{"@type":"ImageObject","url":"https:\/\/wncen.com\/wp-content\/uploads\/2019\/06\/shutterstock_1369733840.jpg?fit=1000%2C667"},"articleSection":"Cryptocurrency Market News","author":[{"@type":"Person","name":"Dalmas Ngetich"}],"creator":["Dalmas Ngetich"],"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":"2019-06-22T14:00:44Z","datePublished":"2019-06-22T14:00:44Z","dateModified":"2024-06-11T13:44:31Z"},"rendered":"<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"NewsArticle\",\"headline\":\"Bitcoin Bulls Relentless, BTC Soar Past $11,000 is A Reminder of Q4 2017\",\"url\":\"http:\\\/\\\/wncen.com\\\/news\\\/bitcoin-bulls-relentless-btc-soar-past-11000-in-a-reminder-of-q4-2017\\\/\",\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/wncen.com\\\/news\\\/bitcoin-bulls-relentless-btc-soar-past-11000-in-a-reminder-of-q4-2017\\\/\"},\"thumbnailUrl\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2019\\\/06\\\/shutterstock_1369733840.jpg?resize=200%2C200\",\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2019\\\/06\\\/shutterstock_1369733840.jpg?fit=1000%2C667\"},\"articleSection\":\"Cryptocurrency Market News\",\"author\":[{\"@type\":\"Person\",\"name\":\"Dalmas Ngetich\"}],\"creator\":[\"Dalmas Ngetich\"],\"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\":\"2019-06-22T14:00:44Z\",\"datePublished\":\"2019-06-22T14:00:44Z\",\"dateModified\":\"2024-06-11T13:44:31Z\"}<\/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\/06\/shutterstock_1369733840.jpg?fit=1000%2C667","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts\/387162"}],"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\/384"}],"replies":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/comments?post=387162"}],"version-history":[{"count":0,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts\/387162\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/media\/386453"}],"wp:attachment":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/media?parent=387162"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/categories?post=387162"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/tags?post=387162"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}