{"id":392402,"date":"2019-08-07T06:00:41","date_gmt":"2019-08-07T06:00:41","guid":{"rendered":"https:\/\/wncen.com\/?p=392402"},"modified":"2024-06-11T12:54:54","modified_gmt":"2024-06-11T12:54:54","slug":"bitcoin-price-btc-usd-is-holding-uptrend-support-but-12k-holds-key","status":"publish","type":"post","link":"https:\/\/wncen.com\/news\/bitcoin-price-btc-usd-is-holding-uptrend-support-but-12k-holds-key\/","title":{"rendered":"Bitcoin Price (BTC\/USD) Is Holding Uptrend Support But $12K Holds Key"},"content":{"rendered":"<ul>\n<li>Bitcoin price traded to a new monthly high at $12,333 and corrected lower sharply against the US Dollar.<\/li>\n<li>The price is currently climbing higher after it tested the key $11,200 support area.<\/li>\n<li>Yesterday\u2019s highlighted key bullish trend line was breached with support near $11,700 on the hourly chart of the BTC\/USD pair (data feed from Kraken).<\/li>\n<li>The price could revisit the $12,000 resistance, which is now a major breakout zone.<\/li>\n<\/ul>\n<p><em>Bitcoin price is recovering from $11,200 against the US Dollar. However, BTC price must break the $12,000 resistance to continue higher in the coming sessions.<\/em><\/p>\n<h2>Bitcoin Price Analysis (BTC\/USD)<\/h2>\n<p>Yesterday, there was a sharp rally in bitcoin price above the $12,000 resistance against the US Dollar. The BTC\/USD pair even traded above the <a href=\"https:\/\/wncen.com\/2019\/08\/06\/bitcoin-price-btc-could-hit-12-2k\/\" target=\"_blank\" rel=\"noopener noreferrer \">second bullish target of $12,200<\/a> (as discussed in one of the previous analysis). The pair traded to a new monthly high at $12,333 and corrected lower sharply. It traded below the $12,000 and $11,800 support levels. Furthermore, there was a break below the key $11,500 support area.<\/p>\n<p>The price even traded below the 50% Fib retracement level of the recent rally from the $10,545 low to $12,333 high. More importantly, yesterday\u2019s highlighted key bullish trend line was breached with support near $11,700 on the hourly chart of the BTC\/USD pair. The pair tested the next key support near the $11,200 level and the 100 hourly simple moving average.<\/p>\n<p>Moreover, the 61.8% Fib retracement level of the recent rally from the $10,545 low to $12,333 high acted as a decent support area. Bitcoin price formed a base above the $11,200 level and it is currently correcting higher. It is trading above the $11,500 level, with a bullish angle. However, there is a major resistance forming near the $11,850 and $12,000 levels.<\/p>\n<p>Therefore, a successful break above the $12,000 level is needed for a <a href=\"https:\/\/wncen.com\/2019\/08\/05\/bitcoin-price-btc-up-8-dips-supported\/\" target=\"_blank\" rel=\"noopener noreferrer \">fresh rally<\/a>. The next key resistances are near $12,200 and $12,350. Conversely, if the price fails to surpass the $11,850 and $12,000 levels, there could be another decline. An immediate support is near the $11,500 level. The main support is near the $11,200 level and the 100 hourly SMA.<\/p>\n<p><a href=\"https:\/\/wncen.com\/wp-content\/uploads\/2019\/08\/Bitcoin-5.png\"><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-392403\" src=\"https:\/\/wncen.com\/wp-content\/uploads\/2019\/08\/Bitcoin-5.png?resize=1828%2C868\" alt=\"Bitcoin Price Analysis (BTC\/USD)\" width=\"1828\" height=\"868\" srcset=\"https:\/\/wncen.com\/wp-content\/uploads\/2019\/08\/Bitcoin-5.png?w=1828 1828w, https:\/\/wncen.com\/wp-content\/uploads\/2019\/08\/Bitcoin-5.png?w=460 460w, https:\/\/wncen.com\/wp-content\/uploads\/2019\/08\/Bitcoin-5.png?w=768 768w, https:\/\/wncen.com\/wp-content\/uploads\/2019\/08\/Bitcoin-5.png?w=860 860w, https:\/\/wncen.com\/wp-content\/uploads\/2019\/08\/Bitcoin-5.png?w=1536 1536w, https:\/\/wncen.com\/wp-content\/uploads\/2019\/08\/Bitcoin-5.png?w=750 750w, https:\/\/wncen.com\/wp-content\/uploads\/2019\/08\/Bitcoin-5.png?w=1140 1140w\" sizes=\"(max-width: 1000px) 100vw, 1000px\"><\/a><\/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 facing an uphill task near the $11,850 and $12,000 resistance levels. Having said that, the price is likely to gain bullish momentum as long as it is trading above the $11,200 support and the 100 hourly SMA<\/p>\n<p>Technical indicators:<\/p>\n<p>Hourly MACD \u2013 The MACD is slowly moving back into the bullish zone.<\/p>\n<p>Hourly RSI (Relative Strength Index) \u2013 The RSI for BTC\/USD is currently near the 50 level, with a minor bearish angle.<\/p>\n<p>Major Support Levels \u2013 $11,500 followed by $11,200.<\/p>\n<p>Major Resistance Levels \u2013 $11,850, $12,000 and $12,200.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bitcoin price traded to a new monthly high at $12,333 and corrected lower sharply against the US Dollar. The price is currently climbing higher after it tested the key $11,200 support area. Yesterday\u2019s highlighted key bullish trend line was breached with support near $11,700 on the hourly chart of the BTC\/USD pair (data feed from Kraken). The price could revisit the $12,000 resistance, which is now a major breakout zone. Bitcoin price is recovering from $11,200 against the US Dollar. However, BTC price must break the $12,000 resistance to continue higher in the coming sessions. Bitcoin Price Analysis (BTC\/USD) Yesterday, there was a sharp rally in bitcoin price above the $12,000 resistance against the US Dollar. The BTC\/USD pair even traded above the second bullish target of $12,200 (as discussed in one of the previous analysis). The pair traded to a new monthly high at $12,333 and corrected lower sharply. It traded below the $12,000 and $11,800 support levels. Furthermore, there was a break below the key $11,500 support area. The price even traded below the 50% Fib retracement level of the recent rally from the $10,545 low to $12,333 high. More importantly, yesterday\u2019s highlighted key bullish trend line was breached with support near $11,700 on the hourly chart of the BTC\/USD pair. The pair tested the next key support near the $11,200 level and the 100 hourly simple moving average. Moreover, the 61.8% Fib retracement level of the recent rally from the $10,545 low to $12,333 high acted as a decent support area. Bitcoin price formed a base above the $11,200 level and it is currently correcting higher. It is trading above the $11,500 level, with a bullish angle. However, there is a major resistance forming near the $11,850 and $12,000 levels. Therefore, a successful break above the $12,000 level is needed for a fresh rally. The next key resistances are near $12,200 and $12,350. Conversely, if the price fails to surpass the $11,850 and $12,000 levels, there could be another decline. An immediate support is near the $11,500 level. The main support is near the $11,200 level and the 100 hourly SMA. Looking at the chart, bitcoin price is clearly facing an uphill task near the $11,850 and $12,000 resistance levels. Having said that, the price is likely to gain bullish momentum as long as it is trading above the $11,200 support and the 100 hourly SMA Technical indicators: Hourly MACD \u2013 The MACD is slowly moving back into the bullish zone. Hourly RSI (Relative Strength Index) \u2013 The RSI for BTC\/USD is currently near the 50 level, with a minor bearish angle. Major Support Levels \u2013 $11,500 followed by $11,200. Major Resistance Levels \u2013 $11,850, $12,000 and $12,200.<\/p>\n","protected":false},"author":67,"featured_media":344599,"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-392402","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-bitcoin","tag-btc"],"acf":[],"yoast_head":"\n<title>Bitcoin Price (BTC\/USD) Is Holding Uptrend Support But $12K Holds Key<\/title>\n<meta name=\"description\" content=\"Bitcoin price is recovering from $11,200 against the US Dollar. However, BTC price must break the $12,000 resistance to continue higher.\" \/>\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-price-btc-usd-is-holding-uptrend-support-but-12k-holds-key\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Bitcoin Price (BTC\/USD) Is Holding Uptrend Support But $12K Holds Key\" \/>\n<meta property=\"og:description\" content=\"Bitcoin price is recovering from $11,200 against the US Dollar. However, BTC price must break the $12,000 resistance to continue higher.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/wncen.com\/news\/bitcoin-price-btc-usd-is-holding-uptrend-support-but-12k-holds-key\/\" \/>\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=\"2019-08-07T06:00:41+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-06-11T12:54:54+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/wncen.com\/wp-content\/uploads\/2018\/08\/techanalysis-btc5.jpg?fit=1200%2C600\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"600\" \/>\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-price-btc-usd-is-holding-uptrend-support-but-12k-holds-key\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/wncen.com\/news\/bitcoin-price-btc-usd-is-holding-uptrend-support-but-12k-holds-key\/\"},\"author\":{\"name\":\"Aayush Jindal\",\"@id\":\"https:\/\/wncen.com\/#\/schema\/person\/1f8631be4d0868de3fd2f21f17d9ae70\"},\"headline\":\"Bitcoin Price (BTC\/USD) Is Holding Uptrend Support But $12K Holds Key\",\"datePublished\":\"2019-08-07T06:00:41+00:00\",\"dateModified\":\"2024-06-11T12:54:54+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/wncen.com\/news\/bitcoin-price-btc-usd-is-holding-uptrend-support-but-12k-holds-key\/\"},\"wordCount\":423,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/wncen.com\/#organization\"},\"image\":{\"@id\":\"https:\/\/wncen.com\/news\/bitcoin-price-btc-usd-is-holding-uptrend-support-but-12k-holds-key\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/wncen.com\/wp-content\/uploads\/2018\/08\/techanalysis-btc5.jpg?fit=1200%2C600\",\"keywords\":[\"bitcoin\",\"btc\"],\"articleSection\":[\"Cryptocurrency Market News\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/wncen.com\/news\/bitcoin-price-btc-usd-is-holding-uptrend-support-but-12k-holds-key\/#respond\"]}],\"copyrightYear\":\"2019\",\"copyrightHolder\":{\"@id\":\"https:\/\/wncen.com\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/wncen.com\/news\/bitcoin-price-btc-usd-is-holding-uptrend-support-but-12k-holds-key\/\",\"url\":\"https:\/\/wncen.com\/news\/bitcoin-price-btc-usd-is-holding-uptrend-support-but-12k-holds-key\/\",\"name\":\"Bitcoin Price (BTC\/USD) Is Holding Uptrend Support But $12K Holds Key\",\"isPartOf\":{\"@id\":\"https:\/\/wncen.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/wncen.com\/news\/bitcoin-price-btc-usd-is-holding-uptrend-support-but-12k-holds-key\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/wncen.com\/news\/bitcoin-price-btc-usd-is-holding-uptrend-support-but-12k-holds-key\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/wncen.com\/wp-content\/uploads\/2018\/08\/techanalysis-btc5.jpg?fit=1200%2C600\",\"datePublished\":\"2019-08-07T06:00:41+00:00\",\"dateModified\":\"2024-06-11T12:54:54+00:00\",\"description\":\"Bitcoin price is recovering from $11,200 against the US Dollar. However, BTC price must break the $12,000 resistance to continue higher.\",\"breadcrumb\":{\"@id\":\"https:\/\/wncen.com\/news\/bitcoin-price-btc-usd-is-holding-uptrend-support-but-12k-holds-key\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/wncen.com\/news\/bitcoin-price-btc-usd-is-holding-uptrend-support-but-12k-holds-key\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/wncen.com\/news\/bitcoin-price-btc-usd-is-holding-uptrend-support-but-12k-holds-key\/#primaryimage\",\"url\":\"https:\/\/wncen.com\/wp-content\/uploads\/2018\/08\/techanalysis-btc5.jpg?fit=1200%2C600\",\"contentUrl\":\"https:\/\/wncen.com\/wp-content\/uploads\/2018\/08\/techanalysis-btc5.jpg?fit=1200%2C600\",\"width\":1200,\"height\":600,\"caption\":\"technical analysis bitcoin\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/wncen.com\/news\/bitcoin-price-btc-usd-is-holding-uptrend-support-but-12k-holds-key\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/wncen.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Bitcoin Price (BTC\/USD) Is Holding Uptrend Support But $12K Holds Key\"}]},{\"@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 Price (BTC\/USD) Is Holding Uptrend Support But $12K Holds Key","description":"Bitcoin price is recovering from $11,200 against the US Dollar. However, BTC price must break the $12,000 resistance to continue higher.","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-price-btc-usd-is-holding-uptrend-support-but-12k-holds-key\/","og_locale":"en_US","og_type":"article","og_title":"Bitcoin Price (BTC\/USD) Is Holding Uptrend Support But $12K Holds Key","og_description":"Bitcoin price is recovering from $11,200 against the US Dollar. However, BTC price must break the $12,000 resistance to continue higher.","og_url":"https:\/\/wncen.com\/news\/bitcoin-price-btc-usd-is-holding-uptrend-support-but-12k-holds-key\/","og_site_name":"NewsBTC","article_publisher":"https:\/\/www.facebook.com\/newsbtc","article_published_time":"2019-08-07T06:00:41+00:00","article_modified_time":"2024-06-11T12:54:54+00:00","og_image":[{"width":1200,"height":600,"url":"https:\/\/wncen.com\/wp-content\/uploads\/2018\/08\/techanalysis-btc5.jpg?fit=1200%2C600","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-price-btc-usd-is-holding-uptrend-support-but-12k-holds-key\/#article","isPartOf":{"@id":"https:\/\/wncen.com\/news\/bitcoin-price-btc-usd-is-holding-uptrend-support-but-12k-holds-key\/"},"author":{"name":"Aayush Jindal","@id":"https:\/\/wncen.com\/#\/schema\/person\/1f8631be4d0868de3fd2f21f17d9ae70"},"headline":"Bitcoin Price (BTC\/USD) Is Holding Uptrend Support But $12K Holds Key","datePublished":"2019-08-07T06:00:41+00:00","dateModified":"2024-06-11T12:54:54+00:00","mainEntityOfPage":{"@id":"https:\/\/wncen.com\/news\/bitcoin-price-btc-usd-is-holding-uptrend-support-but-12k-holds-key\/"},"wordCount":423,"commentCount":0,"publisher":{"@id":"https:\/\/wncen.com\/#organization"},"image":{"@id":"https:\/\/wncen.com\/news\/bitcoin-price-btc-usd-is-holding-uptrend-support-but-12k-holds-key\/#primaryimage"},"thumbnailUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2018\/08\/techanalysis-btc5.jpg?fit=1200%2C600","keywords":["bitcoin","btc"],"articleSection":["Cryptocurrency Market News"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/wncen.com\/news\/bitcoin-price-btc-usd-is-holding-uptrend-support-but-12k-holds-key\/#respond"]}],"copyrightYear":"2019","copyrightHolder":{"@id":"https:\/\/wncen.com\/#organization"}},{"@type":"WebPage","@id":"https:\/\/wncen.com\/news\/bitcoin-price-btc-usd-is-holding-uptrend-support-but-12k-holds-key\/","url":"https:\/\/wncen.com\/news\/bitcoin-price-btc-usd-is-holding-uptrend-support-but-12k-holds-key\/","name":"Bitcoin Price (BTC\/USD) Is Holding Uptrend Support But $12K Holds Key","isPartOf":{"@id":"https:\/\/wncen.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/wncen.com\/news\/bitcoin-price-btc-usd-is-holding-uptrend-support-but-12k-holds-key\/#primaryimage"},"image":{"@id":"https:\/\/wncen.com\/news\/bitcoin-price-btc-usd-is-holding-uptrend-support-but-12k-holds-key\/#primaryimage"},"thumbnailUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2018\/08\/techanalysis-btc5.jpg?fit=1200%2C600","datePublished":"2019-08-07T06:00:41+00:00","dateModified":"2024-06-11T12:54:54+00:00","description":"Bitcoin price is recovering from $11,200 against the US Dollar. However, BTC price must break the $12,000 resistance to continue higher.","breadcrumb":{"@id":"https:\/\/wncen.com\/news\/bitcoin-price-btc-usd-is-holding-uptrend-support-but-12k-holds-key\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/wncen.com\/news\/bitcoin-price-btc-usd-is-holding-uptrend-support-but-12k-holds-key\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/wncen.com\/news\/bitcoin-price-btc-usd-is-holding-uptrend-support-but-12k-holds-key\/#primaryimage","url":"https:\/\/wncen.com\/wp-content\/uploads\/2018\/08\/techanalysis-btc5.jpg?fit=1200%2C600","contentUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2018\/08\/techanalysis-btc5.jpg?fit=1200%2C600","width":1200,"height":600,"caption":"technical analysis bitcoin"},{"@type":"BreadcrumbList","@id":"https:\/\/wncen.com\/news\/bitcoin-price-btc-usd-is-holding-uptrend-support-but-12k-holds-key\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/wncen.com\/"},{"@type":"ListItem","position":2,"name":"Bitcoin Price (BTC\/USD) Is Holding Uptrend Support But $12K Holds Key"}]},{"@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 Price (BTC\/USD) Is Holding Uptrend Support But $12K Holds Key","url":"http:\/\/wncen.com\/news\/bitcoin-price-btc-usd-is-holding-uptrend-support-but-12k-holds-key\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/wncen.com\/news\/bitcoin-price-btc-usd-is-holding-uptrend-support-but-12k-holds-key\/"},"thumbnailUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2018\/08\/techanalysis-btc5.jpg?resize=200%2C200","image":{"@type":"ImageObject","url":"https:\/\/wncen.com\/wp-content\/uploads\/2018\/08\/techanalysis-btc5.jpg?fit=1200%2C600"},"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":"2019-08-07T06:00:41Z","datePublished":"2019-08-07T06:00:41Z","dateModified":"2024-06-11T12:54:54Z"},"rendered":"<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"NewsArticle\",\"headline\":\"Bitcoin Price (BTC\\\/USD) Is Holding Uptrend Support But $12K Holds Key\",\"url\":\"http:\\\/\\\/wncen.com\\\/news\\\/bitcoin-price-btc-usd-is-holding-uptrend-support-but-12k-holds-key\\\/\",\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/wncen.com\\\/news\\\/bitcoin-price-btc-usd-is-holding-uptrend-support-but-12k-holds-key\\\/\"},\"thumbnailUrl\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2018\\\/08\\\/techanalysis-btc5.jpg?resize=200%2C200\",\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2018\\\/08\\\/techanalysis-btc5.jpg?fit=1200%2C600\"},\"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\":\"2019-08-07T06:00:41Z\",\"datePublished\":\"2019-08-07T06:00:41Z\",\"dateModified\":\"2024-06-11T12:54:54Z\"}<\/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\/2018\/08\/techanalysis-btc5.jpg?fit=1200%2C600","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts\/392402"}],"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=392402"}],"version-history":[{"count":0,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts\/392402\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/media\/344599"}],"wp:attachment":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/media?parent=392402"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/categories?post=392402"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/tags?post=392402"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}