{"id":409141,"date":"2019-12-29T21:00:19","date_gmt":"2019-12-29T21:00:19","guid":{"rendered":"https:\/\/wncen.com\/?p=409141"},"modified":"2024-06-11T09:04:21","modified_gmt":"2024-06-11T09:04:21","slug":"three-indicators-suggesting-bitcoin-price-verge-bull-trend","status":"publish","type":"post","link":"https:\/\/wncen.com\/news\/three-indicators-suggesting-bitcoin-price-verge-bull-trend\/","title":{"rendered":"Four Signals Suggesting Bitcoin Price On Verge of Bull Trend"},"content":{"rendered":"<p>The past few months haven\u2019t been too kind to Bitcoin. Case in point, since peaking at $14,000 this June, the cryptocurrency has fallen by 50%, tumbling as low as $6,400 due to\u00a0<a href=\"https:\/\/wncen.com\/2019\/12\/18\/plustoken-scam-triggered-the-bitcoin-bear-trend-but-its-not-the-sole-factor\/\" data-wpel-link=\"internal\">selling pressure from PlusToken<\/a>\u00a0and weak hands.<\/p>\n<p>Despite this strong retracement, there is a confluence of technical factors that suggest the medium-term future is bright for Bitcoin. Here are a few, broken down by NewsBTC.<\/p>\n<h2>Number 1: Bitcoin Hash Ribbons Signal &#8220;Buy&#8221;<\/h2>\n<p>In November, the Hash Ribbons, an indicator tracking moving averages of Bitcoin\u2019s hash rate, saw a bearish crossover, resulting in an event known as \u201cminer capitulation.\u201dThe previous bearish crossover in the Hash Ribbons was last seen<a href=\"https:\/\/wncen.com\/2019\/11\/15\/bitcoin-fell-50-from-6000-in-2018-after-this-key-signal-lit-and-its-flashing-again\/\" data-wpel-link=\"internal\">\u00a0just before the now-infamous crash from $6,000 to $3,000 in late-2018.<\/a><\/p>\n<p>Though, \u00a0according to digital asset manager\u00a0<a href=\"https:\/\/twitter.com\/caprioleio\" target=\"_blank\" data-wpel-link=\"exclude\" rel=\"follow noopener noreferrer nofollow\">Charles Edwards<\/a>, who has popularized the Hash Ribbons and the talk around Bitcoin miner capitulation over recent months, a \u201cbuy\u201d is rapidly forming on the Hash Ribbons indicator just a few days after \u201crecovery\u201d was signaled.<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">A Buy signal is forming on the Hash Ribbons indicator.<\/p>\n<p>\ud83d\udd2d <a href=\"https:\/\/t.co\/DBLkec46S4\" rel=\"nofollow\">pic.twitter.com\/DBLkec46S4<\/a><\/p>\n<p>&mdash; Charles Edwards (@caprioleio) <a href=\"https:\/\/twitter.com\/caprioleio\/status\/27507712?ref_src=twsrc%5Etfw\" rel=\"nofollow\">December 27, 2019<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>This is notable. Previous<a href=\"https:\/\/wncen.com\/2019\/12\/27\/key-bitcoin-signal-preceded-330-rally-14000-flashes-again\/\"> \u201cbuy\u201d signals by the Hash Ribbons c<\/a>ame shortly after macro bottoms, followed by fully-fledged bullish reversals. Case in point, the Hash Ribbons printed a \u201cbuy\u201d in the middle of January, months before BTC broke from $4,000 to $5,000, which created a domino effect pushing BTC to $14,000 by June, ending a 330% rally from the bottom.<\/p>\n<h2><strong>Number 2: Golden Cross<\/strong><\/h2>\n<p>Earlier this month, Bitcoin\u2019s long-term chart saw an extremely bullish sign from a macro perspective: the 50-week and 100-week simple moving averages saw a crossover, with the former crossing above the latter, signaling that bulls are in control of the long-term cryptocurrency trend.<\/p>\n<p>This was last seen in mid-2016, prior to the parabolic run-up that brought Bitcoin from $500 to nearly $20,000 in a few years\u2019 time.<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">We argue over short-term moves but big picture is clear\ud83d\udc40<br \/>Let&#39;s rock 2020\ud83d\udcb0<br \/>Who&#39;s with me? <a href=\"https:\/\/t.co\/SmbIu5CgFB\" rel=\"nofollow\">pic.twitter.com\/SmbIu5CgFB<\/a><\/p>\n<p>&mdash; Adrian Zdu\u0144czyk, CMT (@crypto_birb) <a href=\"https:\/\/twitter.com\/crypto_birb\/status\/88967173?ref_src=twsrc%5Etfw\" rel=\"nofollow\">December 23, 2019<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<h2><strong>Number 3: Klinger<\/strong><\/h2>\n<p>According to a<a href=\"https:\/\/twitter.com\/Crypt0mer\/status\/40285696\" target=\"_blank\" data-wpel-link=\"exclude\" rel=\"follow noopener noreferrer nofollow\">\u00a0recent tweet<\/a> from full-time cryptocurrency trader Crypt0mer, Bitcoin\u2019s one week chart recently printed an extremely bullish signal: the one-week Klinger Oscillator, which tracks volume and price to determine trends, has printed a buy for the first time since February 2019, when BTC was trading around $3,700. He remarked that this is a sign that the bear correction is over.<\/p>\n<h2><strong>Number 4: &#8220;Massive&#8221; Bullish Divergence Between Bitcoin and Indicator<\/strong><\/h2>\n<p>Scott Melker, also known as the Wolf of All Streets, recently <a href=\"https:\/\/wncen.com\/2019\/12\/24\/bullish-bitcoin-price-signal-preceded-330-jump-flashes-again\/\" data-wpel-link=\"internal\">observed a positive sign on Bitcoin\u2019s weekly chart.<\/a> The sign is a \u201cmassive bullish divergence in oversold territory on Stochastic Relative Strength Index.\u201d<\/p>\n<pre>Featured Image from Shutterstock<\/pre>\n","protected":false},"excerpt":{"rendered":"<p>The past few months haven\u2019t been too kind to Bitcoin. Case in point, since peaking at $14,000 this June, the cryptocurrency has fallen by 50%, tumbling as low as $6,400 due to\u00a0selling pressure from PlusToken\u00a0and weak hands. Despite this strong retracement, there is a confluence of technical factors that suggest the medium-term future is bright for Bitcoin. Here are a few, broken down by NewsBTC. Number 1: Bitcoin Hash Ribbons Signal &#8220;Buy&#8221; In November, the Hash Ribbons, an indicator tracking moving averages of Bitcoin\u2019s hash rate, saw a bearish crossover, resulting in an event known as \u201cminer capitulation.\u201dThe previous bearish crossover in the Hash Ribbons was last seen\u00a0just before the now-infamous crash from $6,000 to $3,000 in late-2018. Though, \u00a0according to digital asset manager\u00a0Charles Edwards, who has popularized the Hash Ribbons and the talk around Bitcoin miner capitulation over recent months, a \u201cbuy\u201d is rapidly forming on the Hash Ribbons indicator just a few days after \u201crecovery\u201d was signaled. A Buy signal is forming on the Hash Ribbons indicator. \ud83d\udd2d pic.twitter.com\/DBLkec46S4 &mdash; Charles Edwards (@caprioleio) December 27, 2019 This is notable. Previous \u201cbuy\u201d signals by the Hash Ribbons came shortly after macro bottoms, followed by fully-fledged bullish reversals. Case in point, the Hash Ribbons printed a \u201cbuy\u201d in the middle of January, months before BTC broke from $4,000 to $5,000, which created a domino effect pushing BTC to $14,000 by June, ending a 330% rally from the bottom. Number 2: Golden Cross Earlier this month, Bitcoin\u2019s long-term chart saw an extremely bullish sign from a macro perspective: the 50-week and 100-week simple moving averages saw a crossover, with the former crossing above the latter, signaling that bulls are in control of the long-term cryptocurrency trend. This was last seen in mid-2016, prior to the parabolic run-up that brought Bitcoin from $500 to nearly $20,000 in a few years\u2019 time. We argue over short-term moves but big picture is clear\ud83d\udc40Let&#39;s rock 2020\ud83d\udcb0Who&#39;s with me? pic.twitter.com\/SmbIu5CgFB &mdash; Adrian Zdu\u0144czyk, CMT (@crypto_birb) December 23, 2019 Number 3: Klinger According to a\u00a0recent tweet from full-time cryptocurrency trader Crypt0mer, Bitcoin\u2019s one week chart recently printed an extremely bullish signal: the one-week Klinger Oscillator, which tracks volume and price to determine trends, has printed a buy for the first time since February 2019, when BTC was trading around $3,700. He remarked that this is a sign that the bear correction is over. Number 4: &#8220;Massive&#8221; Bullish Divergence Between Bitcoin and Indicator Scott Melker, also known as the Wolf of All Streets, recently observed a positive sign on Bitcoin\u2019s weekly chart. The sign is a \u201cmassive bullish divergence in oversold territory on Stochastic Relative Strength Index.\u201d Featured Image from Shutterstock<\/p>\n","protected":false},"author":497,"featured_media":403428,"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":[166,428],"class_list":["post-409141","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-analysis-2","tag-bitcoin"],"acf":[],"yoast_head":"\n<title>Four Signals Suggesting Bitcoin Price On Verge of Bull Trend<\/title>\n<meta name=\"description\" content=\"The past few months haven\u2019t been too kind to Bitcoin. Case in point, since peaking at $14,000 this June, the cryptocurrency has fallen by 50%, tumbling as\" \/>\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\/three-indicators-suggesting-bitcoin-price-verge-bull-trend\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Four Signals Suggesting Bitcoin Price On Verge of Bull Trend\" \/>\n<meta property=\"og:description\" content=\"The past few months haven\u2019t been too kind to Bitcoin. Case in point, since peaking at $14,000 this June, the cryptocurrency has fallen by 50%, tumbling as\" \/>\n<meta property=\"og:url\" content=\"https:\/\/wncen.com\/news\/three-indicators-suggesting-bitcoin-price-verge-bull-trend\/\" \/>\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=\"2019-12-29T21:00:19+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-06-11T09:04:21+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/wncen.com\/wp-content\/uploads\/2019\/11\/shutterstock_570119506-e55.jpg?fit=3000%2C2002\" \/>\n\t<meta property=\"og:image:width\" content=\"3000\" \/>\n\t<meta property=\"og:image:height\" content=\"2002\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Nick Chong\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@newsbtc\" \/>\n<meta name=\"twitter:site\" content=\"@newsbtc\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Nick Chong\" \/>\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\/three-indicators-suggesting-bitcoin-price-verge-bull-trend\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/wncen.com\/news\/three-indicators-suggesting-bitcoin-price-verge-bull-trend\/\"},\"author\":{\"name\":\"Nick Chong\",\"@id\":\"https:\/\/wncen.com\/#\/schema\/person\/4c1114650d72d49c455452d2ce5c981a\"},\"headline\":\"Four Signals Suggesting Bitcoin Price On Verge of Bull Trend\",\"datePublished\":\"2019-12-29T21:00:19+00:00\",\"dateModified\":\"2024-06-11T09:04:21+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/wncen.com\/news\/three-indicators-suggesting-bitcoin-price-verge-bull-trend\/\"},\"wordCount\":413,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/wncen.com\/#organization\"},\"image\":{\"@id\":\"https:\/\/wncen.com\/news\/three-indicators-suggesting-bitcoin-price-verge-bull-trend\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/wncen.com\/wp-content\/uploads\/2019\/11\/shutterstock_570119506-e55.jpg?fit=3000%2C2002\",\"keywords\":[\"analysis\",\"bitcoin\"],\"articleSection\":[\"Cryptocurrency Market News\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/wncen.com\/news\/three-indicators-suggesting-bitcoin-price-verge-bull-trend\/#respond\"]}],\"copyrightYear\":\"2019\",\"copyrightHolder\":{\"@id\":\"https:\/\/wncen.com\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/wncen.com\/news\/three-indicators-suggesting-bitcoin-price-verge-bull-trend\/\",\"url\":\"https:\/\/wncen.com\/news\/three-indicators-suggesting-bitcoin-price-verge-bull-trend\/\",\"name\":\"Four Signals Suggesting Bitcoin Price On Verge of Bull Trend\",\"isPartOf\":{\"@id\":\"https:\/\/wncen.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/wncen.com\/news\/three-indicators-suggesting-bitcoin-price-verge-bull-trend\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/wncen.com\/news\/three-indicators-suggesting-bitcoin-price-verge-bull-trend\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/wncen.com\/wp-content\/uploads\/2019\/11\/shutterstock_570119506-e55.jpg?fit=3000%2C2002\",\"datePublished\":\"2019-12-29T21:00:19+00:00\",\"dateModified\":\"2024-06-11T09:04:21+00:00\",\"description\":\"The past few months haven\u2019t been too kind to Bitcoin. Case in point, since peaking at $14,000 this June, the cryptocurrency has fallen by 50%, tumbling as\",\"breadcrumb\":{\"@id\":\"https:\/\/wncen.com\/news\/three-indicators-suggesting-bitcoin-price-verge-bull-trend\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/wncen.com\/news\/three-indicators-suggesting-bitcoin-price-verge-bull-trend\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/wncen.com\/news\/three-indicators-suggesting-bitcoin-price-verge-bull-trend\/#primaryimage\",\"url\":\"https:\/\/wncen.com\/wp-content\/uploads\/2019\/11\/shutterstock_570119506-e55.jpg?fit=3000%2C2002\",\"contentUrl\":\"https:\/\/wncen.com\/wp-content\/uploads\/2019\/11\/shutterstock_570119506-e55.jpg?fit=3000%2C2002\",\"width\":3000,\"height\":2002},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/wncen.com\/news\/three-indicators-suggesting-bitcoin-price-verge-bull-trend\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/wncen.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Four Signals Suggesting Bitcoin Price On Verge of Bull Trend\"}]},{\"@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\/4c1114650d72d49c455452d2ce5c981a\",\"name\":\"Nick Chong\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/wncen.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/ac04c2aa55e08322676adb0b006baa07?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/ac04c2aa55e08322676adb0b006baa07?s=96&d=mm&r=g\",\"caption\":\"Nick Chong\"},\"description\":\"I am a writer who has been following Bitcoin for years now. My insights and interviews have been featured in leading publications in the industry such as LongHash and Decrypt. I own a small amount of Bitcoin.\",\"url\":\"https:\/\/wncen.com\/author\/nickchong\/\"}]}<\/script>\n","yoast_head_json":{"title":"Four Signals Suggesting Bitcoin Price On Verge of Bull Trend","description":"The past few months haven\u2019t been too kind to Bitcoin. Case in point, since peaking at $14,000 this June, the cryptocurrency has fallen by 50%, tumbling as","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\/three-indicators-suggesting-bitcoin-price-verge-bull-trend\/","og_locale":"en_US","og_type":"article","og_title":"Four Signals Suggesting Bitcoin Price On Verge of Bull Trend","og_description":"The past few months haven\u2019t been too kind to Bitcoin. Case in point, since peaking at $14,000 this June, the cryptocurrency has fallen by 50%, tumbling as","og_url":"https:\/\/wncen.com\/news\/three-indicators-suggesting-bitcoin-price-verge-bull-trend\/","og_site_name":"NewsBTC","article_publisher":"https:\/\/www.facebook.com\/newsbtc","article_published_time":"2019-12-29T21:00:19+00:00","article_modified_time":"2024-06-11T09:04:21+00:00","og_image":[{"width":3000,"height":2002,"url":"https:\/\/wncen.com\/wp-content\/uploads\/2019\/11\/shutterstock_570119506-e55.jpg?fit=3000%2C2002","type":"image\/jpeg"}],"author":"Nick Chong","twitter_card":"summary_large_image","twitter_creator":"@newsbtc","twitter_site":"@newsbtc","twitter_misc":{"Written by":"Nick Chong","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"NewsArticle","@id":"https:\/\/wncen.com\/news\/three-indicators-suggesting-bitcoin-price-verge-bull-trend\/#article","isPartOf":{"@id":"https:\/\/wncen.com\/news\/three-indicators-suggesting-bitcoin-price-verge-bull-trend\/"},"author":{"name":"Nick Chong","@id":"https:\/\/wncen.com\/#\/schema\/person\/4c1114650d72d49c455452d2ce5c981a"},"headline":"Four Signals Suggesting Bitcoin Price On Verge of Bull Trend","datePublished":"2019-12-29T21:00:19+00:00","dateModified":"2024-06-11T09:04:21+00:00","mainEntityOfPage":{"@id":"https:\/\/wncen.com\/news\/three-indicators-suggesting-bitcoin-price-verge-bull-trend\/"},"wordCount":413,"commentCount":0,"publisher":{"@id":"https:\/\/wncen.com\/#organization"},"image":{"@id":"https:\/\/wncen.com\/news\/three-indicators-suggesting-bitcoin-price-verge-bull-trend\/#primaryimage"},"thumbnailUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2019\/11\/shutterstock_570119506-e55.jpg?fit=3000%2C2002","keywords":["analysis","bitcoin"],"articleSection":["Cryptocurrency Market News"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/wncen.com\/news\/three-indicators-suggesting-bitcoin-price-verge-bull-trend\/#respond"]}],"copyrightYear":"2019","copyrightHolder":{"@id":"https:\/\/wncen.com\/#organization"}},{"@type":"WebPage","@id":"https:\/\/wncen.com\/news\/three-indicators-suggesting-bitcoin-price-verge-bull-trend\/","url":"https:\/\/wncen.com\/news\/three-indicators-suggesting-bitcoin-price-verge-bull-trend\/","name":"Four Signals Suggesting Bitcoin Price On Verge of Bull Trend","isPartOf":{"@id":"https:\/\/wncen.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/wncen.com\/news\/three-indicators-suggesting-bitcoin-price-verge-bull-trend\/#primaryimage"},"image":{"@id":"https:\/\/wncen.com\/news\/three-indicators-suggesting-bitcoin-price-verge-bull-trend\/#primaryimage"},"thumbnailUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2019\/11\/shutterstock_570119506-e55.jpg?fit=3000%2C2002","datePublished":"2019-12-29T21:00:19+00:00","dateModified":"2024-06-11T09:04:21+00:00","description":"The past few months haven\u2019t been too kind to Bitcoin. Case in point, since peaking at $14,000 this June, the cryptocurrency has fallen by 50%, tumbling as","breadcrumb":{"@id":"https:\/\/wncen.com\/news\/three-indicators-suggesting-bitcoin-price-verge-bull-trend\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/wncen.com\/news\/three-indicators-suggesting-bitcoin-price-verge-bull-trend\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/wncen.com\/news\/three-indicators-suggesting-bitcoin-price-verge-bull-trend\/#primaryimage","url":"https:\/\/wncen.com\/wp-content\/uploads\/2019\/11\/shutterstock_570119506-e55.jpg?fit=3000%2C2002","contentUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2019\/11\/shutterstock_570119506-e55.jpg?fit=3000%2C2002","width":3000,"height":2002},{"@type":"BreadcrumbList","@id":"https:\/\/wncen.com\/news\/three-indicators-suggesting-bitcoin-price-verge-bull-trend\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/wncen.com\/"},{"@type":"ListItem","position":2,"name":"Four Signals Suggesting Bitcoin Price On Verge of Bull Trend"}]},{"@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\/4c1114650d72d49c455452d2ce5c981a","name":"Nick Chong","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/wncen.com\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/ac04c2aa55e08322676adb0b006baa07?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/ac04c2aa55e08322676adb0b006baa07?s=96&d=mm&r=g","caption":"Nick Chong"},"description":"I am a writer who has been following Bitcoin for years now. My insights and interviews have been featured in leading publications in the industry such as LongHash and Decrypt. I own a small amount of Bitcoin.","url":"https:\/\/wncen.com\/author\/nickchong\/"}]}},"parsely":{"version":"1.1.0","meta":{"@context":"https:\/\/schema.org","@type":"NewsArticle","headline":"Four Signals Suggesting Bitcoin Price On Verge of Bull Trend","url":"http:\/\/wncen.com\/news\/three-indicators-suggesting-bitcoin-price-verge-bull-trend\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/wncen.com\/news\/three-indicators-suggesting-bitcoin-price-verge-bull-trend\/"},"thumbnailUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2019\/11\/shutterstock_570119506-e55.jpg?resize=200%2C200","image":{"@type":"ImageObject","url":"https:\/\/wncen.com\/wp-content\/uploads\/2019\/11\/shutterstock_570119506-e55.jpg?fit=3000%2C2002"},"articleSection":"Cryptocurrency Market News","author":[{"@type":"Person","name":"Nick Chong"}],"creator":["Nick Chong"],"publisher":{"@type":"Organization","name":"NewsBTC","logo":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/cropped-cropped-cropped-favicon.png?w=32"},"keywords":["analysis","bitcoin"],"dateCreated":"2019-12-29T21:00:19Z","datePublished":"2019-12-29T21:00:19Z","dateModified":"2024-06-11T09:04:21Z"},"rendered":"<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"NewsArticle\",\"headline\":\"Four Signals Suggesting Bitcoin Price On Verge of Bull Trend\",\"url\":\"http:\\\/\\\/wncen.com\\\/news\\\/three-indicators-suggesting-bitcoin-price-verge-bull-trend\\\/\",\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/wncen.com\\\/news\\\/three-indicators-suggesting-bitcoin-price-verge-bull-trend\\\/\"},\"thumbnailUrl\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2019\\\/11\\\/shutterstock_570119506-e55.jpg?resize=200%2C200\",\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2019\\\/11\\\/shutterstock_570119506-e55.jpg?fit=3000%2C2002\"},\"articleSection\":\"Cryptocurrency Market News\",\"author\":[{\"@type\":\"Person\",\"name\":\"Nick Chong\"}],\"creator\":[\"Nick Chong\"],\"publisher\":{\"@type\":\"Organization\",\"name\":\"NewsBTC\",\"logo\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2020\\\/06\\\/cropped-cropped-cropped-favicon.png?w=32\"},\"keywords\":[\"analysis\",\"bitcoin\"],\"dateCreated\":\"2019-12-29T21:00:19Z\",\"datePublished\":\"2019-12-29T21:00:19Z\",\"dateModified\":\"2024-06-11T09:04:21Z\"}<\/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\/11\/shutterstock_570119506-e55.jpg?fit=3000%2C2002","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts\/409141"}],"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\/497"}],"replies":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/comments?post=409141"}],"version-history":[{"count":0,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts\/409141\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/media\/403428"}],"wp:attachment":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/media?parent=409141"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/categories?post=409141"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/tags?post=409141"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}