{"id":419683,"date":"2020-04-01T18:00:45","date_gmt":"2020-04-01T18:00:45","guid":{"rendered":"https:\/\/wncen.com\/?p=419683"},"modified":"2020-04-01T16:13:19","modified_gmt":"2020-04-01T16:13:19","slug":"bitcoin-closes-q1-with-historic-darth-maul-candle-heres-what-it-means","status":"publish","type":"post","link":"https:\/\/wncen.com\/news\/bitcoin-closes-q1-with-historic-darth-maul-candle-heres-what-it-means\/","title":{"rendered":"Bitcoin Closes Q1 With Historic Darth Maul Candle: Here&#8217;s What it Means"},"content":{"rendered":"<p class=\"p1\"><span class=\"s1\"><a href=\"\/tag\/bitcoin-price\" rel=\"nofollow\">Bitcoin price<\/a> had one of its most volatile months yet, resulting in a massive, $6,000 long \u201cDarth Maul\u201d candle on the three-month price chart.<\/span><\/p>\n<p class=\"p1\"><span class=\"s1\">But what does this rare and explosive candlestick pattern typically indicate, and what could this mean for Bitcoin price in the future?<\/span><\/p>\n<h2>First Quarter 2020 in Crypto Closes Out More Volatile Three Months Yet<\/h2>\n<p class=\"p1\"><span class=\"s1\">Last night at 8:00 PM Eastern, the monthly candle closed on <a href=\"\/tag\/bitcoin-price\" rel=\"nofollow\">Bitcoin price<\/a> charts, and with it came the close of the first quarter of 2020 \u2013 a quarter filled with economic turmoil, a pandemic, and much more.<\/span><\/p>\n<p class=\"p1\"><span class=\"s1\">The first-ever cryptocurrency ended 2019 with a bang, falling to $6,400 before beginning 2020 with a massive, over 60% rally, taking Bitcoin price to over the crucial psychological barrier at $10,000.<\/span><\/p>\n<p style=\"text-align: center\"><em><strong>Related Reading | <a href=\"https:\/\/wncen.com\/2020\/03\/26\/bitcoin-price-action-triggers-devastatingly-accurate-sell-signal\/\">Bitcoin Price Action Triggers Devastatingly Accurate Sell Signal\u00a0<\/a><\/strong><\/em><\/p>\n<p class=\"p1\"><span class=\"s1\">However, the rally failed to incite retail FOMO, and days later, fears over the rapid proliferation of the coronavirus peaked, spilling into markets and causing record-breaking collapses in most major asset classes.<\/span><\/p>\n<p class=\"p1\"><span class=\"s1\"><a href=\"\/tag\/bitcoin-price\" rel=\"nofollow\">Bitcoin <\/a>and the rest of cryptocurrencies were hit particularly hard, causing the leading cryptocurrency by market cap to plummet to a low of $3,800.<\/span><\/p>\n<p class=\"p1\"><span class=\"s1\">The over 60% fall shocked even the longest-term Bitcoin holders and wiped cryptocurrency exchange order books clean for days to follow.<\/span><\/p>\n<p class=\"p1\"><span class=\"s1\">In the first three months of 2020, <a href=\"\/tag\/bitcoin-price\" rel=\"nofollow\">Bitcoin price<\/a> went from $6,800 to $10,500, back down to $3,800 before closing last night\u2019s monthly above $6,400 \u2013 holding onto monthly support by a mere few dollars.<\/span><\/p>\n<p><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-large wp-image-419684\" src=\"https:\/\/wncen.com\/wp-content\/uploads\/2020\/04\/bitcoin-price-darth-maul-quarterly-3m.jpg?resize=860%2C575\" alt=\"bitcoin price chart darth maul candle\" width=\"860\" height=\"575\"><\/p>\n<h2><\/h2>\n<h2>Bitcoin Price 3-Month Candle Closes With Darth Maul Lightsaber Stop Run<\/h2>\n<p class=\"p1\"><span class=\"s1\">The resulting price action has left a nasty looking candle on three-month <a href=\"\/tag\/bitcoin-price\" rel=\"nofollow\">Bitcoin price<\/a> charts, resembling a \u201cDarth Maul\u201d lightsaber from the popular sci-fi series Star Wars.<\/span><\/p>\n<p class=\"p1\"><span class=\"s1\">This type of candle features a tight red-bodied candle, with two enormous wicks on either end, forming the two-ended lightsaber the Star Wars character wields. <\/span><\/p>\n<p class=\"p1\"><span class=\"s1\">The damage these candles do is almost as sinister as the villain himself, and on smaller timeframes, are a sign that stop losses on either side of the trading range were taken out.<\/span><\/p>\n<p class=\"p1\"><span class=\"s1\"><a href=\"https:\/\/news.tradimo.com\/glossary\/stop-loss-hunting-stop-runs\/\" target=\"_blank\" rel=\"noopener nofollow\">Stop runs or stop loss hunting<\/a> is a common practice in trading and results in candlesticks with the devilish-looking appearance.<\/span><\/p>\n<p class=\"p1\"><span class=\"s1\">Oftentimes, these stop runs are designed to clear out stops ahead of the final, decisive move to a new range.<\/span><\/p>\n<p style=\"text-align: center\"><em><strong>Related Reading | <a href=\"https:\/\/wncen.com\/2020\/03\/30\/how-the-dows-fractal-of-doom-could-take-bitcoin-to-1000\/\">How the Dow\u2019s Fractal of Doom Could Take Bitcoin to $1,000<\/a><\/strong><\/em><\/p>\n<p class=\"p1\"><span class=\"s1\">Just a few weeks earlier, a \u201cDarth Maul\u201d candle <a href=\"https:\/\/wncen.com\/2020\/03\/07\/bitcoin-just-printed-darth-maul-candle-9000-heres-what-means-price\/\">hit Bitcoin on smaller timeframes<\/a>, causing 1% spoke to clear out stops above, followed by a 3% drop lower just minutes later, wiping out the stops below before the final move down was made.<\/span><\/p>\n<p class=\"p1\"><span class=\"s1\">If the same type of price action was driving the devastating candle on the three-month price chart, its appearance could be a sign that stops on the highest timeframes have now been wiped out, and <a href=\"\/tag\/bitcoin-price\" rel=\"nofollow\">Bitcoin price<\/a> could be finally ready for its next major move.<\/span><\/p>\n<p class=\"p1\"><span class=\"s1\">The question still remains, however, is that direction up or down?<\/span><\/p>\n<pre>Featured image from Shutterstock<\/pre>\n","protected":false},"excerpt":{"rendered":"<p>Bitcoin price had one of its most volatile months yet, resulting in a massive, $6,000 long \u201cDarth Maul\u201d candle on the three-month price chart. But what does this rare and explosive candlestick pattern typically indicate, and what could this mean for Bitcoin price in the future? First Quarter 2020 in Crypto Closes Out More Volatile Three Months Yet Last night at 8:00 PM Eastern, the monthly candle closed on Bitcoin price charts, and with it came the close of the first quarter of 2020 \u2013 a quarter filled with economic turmoil, a pandemic, and much more. The first-ever cryptocurrency ended 2019 with a bang, falling to $6,400 before beginning 2020 with a massive, over 60% rally, taking Bitcoin price to over the crucial psychological barrier at $10,000. Related Reading | Bitcoin Price Action Triggers Devastatingly Accurate Sell Signal\u00a0 However, the rally failed to incite retail FOMO, and days later, fears over the rapid proliferation of the coronavirus peaked, spilling into markets and causing record-breaking collapses in most major asset classes. Bitcoin and the rest of cryptocurrencies were hit particularly hard, causing the leading cryptocurrency by market cap to plummet to a low of $3,800. The over 60% fall shocked even the longest-term Bitcoin holders and wiped cryptocurrency exchange order books clean for days to follow. In the first three months of 2020, Bitcoin price went from $6,800 to $10,500, back down to $3,800 before closing last night\u2019s monthly above $6,400 \u2013 holding onto monthly support by a mere few dollars. Bitcoin Price 3-Month Candle Closes With Darth Maul Lightsaber Stop Run The resulting price action has left a nasty looking candle on three-month Bitcoin price charts, resembling a \u201cDarth Maul\u201d lightsaber from the popular sci-fi series Star Wars. This type of candle features a tight red-bodied candle, with two enormous wicks on either end, forming the two-ended lightsaber the Star Wars character wields. The damage these candles do is almost as sinister as the villain himself, and on smaller timeframes, are a sign that stop losses on either side of the trading range were taken out. Stop runs or stop loss hunting is a common practice in trading and results in candlesticks with the devilish-looking appearance. Oftentimes, these stop runs are designed to clear out stops ahead of the final, decisive move to a new range. Related Reading | How the Dow\u2019s Fractal of Doom Could Take Bitcoin to $1,000 Just a few weeks earlier, a \u201cDarth Maul\u201d candle hit Bitcoin on smaller timeframes, causing 1% spoke to clear out stops above, followed by a 3% drop lower just minutes later, wiping out the stops below before the final move down was made. If the same type of price action was driving the devastating candle on the three-month price chart, its appearance could be a sign that stops on the highest timeframes have now been wiped out, and Bitcoin price could be finally ready for its next major move. The question still remains, however, is that direction up or down? Featured image from Shutterstock<\/p>\n","protected":false},"author":517,"featured_media":419685,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[5651,3],"tags":[58423,428,679,1144,73321,75237],"class_list":["post-419683","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bitcoin","category-news","tag-58423","tag-bitcoin","tag-bitcoin-price","tag-btcusd","tag-darth-maul","tag-star-wars"],"acf":[],"yoast_head":"\n<title>Bitcoin Closes Q1 With Historic Darth Maul Candle: Here&#039;s What it Means<\/title>\n<meta name=\"description\" content=\"Bitcoin price had one of its most volatile months yet, resulting in a massive, $6,000 long \u201cDarth Maul\u201d candle on the three-month price chart. But what\" \/>\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-closes-q1-with-historic-darth-maul-candle-heres-what-it-means\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Bitcoin Closes Q1 With Historic Darth Maul Candle: Here&#039;s What it Means\" \/>\n<meta property=\"og:description\" content=\"Bitcoin price had one of its most volatile months yet, resulting in a massive, $6,000 long \u201cDarth Maul\u201d candle on the three-month price chart. But what\" \/>\n<meta property=\"og:url\" content=\"https:\/\/wncen.com\/news\/bitcoin-closes-q1-with-historic-darth-maul-candle-heres-what-it-means\/\" \/>\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=\"2020-04-01T18:00:45+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2020-04-01T16:13:19+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/wncen.com\/wp-content\/uploads\/2020\/04\/bitcoin-price-darth-maul-candle-monthly-quarter-3m-shutterstock_1112901722-scaled.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"2560\" \/>\n\t<meta property=\"og:image:height\" content=\"1706\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Tony &quot;El Toro&quot; Severino\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@https:\/\/twitter.com\/tonythebullBTC\" \/>\n<meta name=\"twitter:site\" content=\"@newsbtc\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Tony &quot;El Toro&quot; Severino\" \/>\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-closes-q1-with-historic-darth-maul-candle-heres-what-it-means\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/wncen.com\/news\/bitcoin-closes-q1-with-historic-darth-maul-candle-heres-what-it-means\/\"},\"author\":{\"name\":\"Tony \\\"El Toro\\\" Severino\",\"@id\":\"https:\/\/wncen.com\/#\/schema\/person\/5322c9a09a6f19804bb578de17556a1d\"},\"headline\":\"Bitcoin Closes Q1 With Historic Darth Maul Candle: Here&#8217;s What it Means\",\"datePublished\":\"2020-04-01T18:00:45+00:00\",\"dateModified\":\"2020-04-01T16:13:19+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/wncen.com\/news\/bitcoin-closes-q1-with-historic-darth-maul-candle-heres-what-it-means\/\"},\"wordCount\":492,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/wncen.com\/#organization\"},\"image\":{\"@id\":\"https:\/\/wncen.com\/news\/bitcoin-closes-q1-with-historic-darth-maul-candle-heres-what-it-means\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/wncen.com\/wp-content\/uploads\/2020\/04\/bitcoin-price-darth-maul-candle-monthly-quarter-3m-shutterstock_1112901722-scaled.jpg?fit=2560%2C1706\",\"keywords\":[\"2020\",\"bitcoin\",\"bitcoin price\",\"btcusd\",\"Darth Maul\",\"star wars\"],\"articleSection\":[\"Bitcoin\",\"Cryptocurrency Market News\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/wncen.com\/news\/bitcoin-closes-q1-with-historic-darth-maul-candle-heres-what-it-means\/#respond\"]}],\"copyrightYear\":\"2020\",\"copyrightHolder\":{\"@id\":\"https:\/\/wncen.com\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/wncen.com\/news\/bitcoin-closes-q1-with-historic-darth-maul-candle-heres-what-it-means\/\",\"url\":\"https:\/\/wncen.com\/news\/bitcoin-closes-q1-with-historic-darth-maul-candle-heres-what-it-means\/\",\"name\":\"Bitcoin Closes Q1 With Historic Darth Maul Candle: Here's What it Means\",\"isPartOf\":{\"@id\":\"https:\/\/wncen.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/wncen.com\/news\/bitcoin-closes-q1-with-historic-darth-maul-candle-heres-what-it-means\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/wncen.com\/news\/bitcoin-closes-q1-with-historic-darth-maul-candle-heres-what-it-means\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/wncen.com\/wp-content\/uploads\/2020\/04\/bitcoin-price-darth-maul-candle-monthly-quarter-3m-shutterstock_1112901722-scaled.jpg?fit=2560%2C1706\",\"datePublished\":\"2020-04-01T18:00:45+00:00\",\"dateModified\":\"2020-04-01T16:13:19+00:00\",\"description\":\"Bitcoin price had one of its most volatile months yet, resulting in a massive, $6,000 long \u201cDarth Maul\u201d candle on the three-month price chart. But what\",\"breadcrumb\":{\"@id\":\"https:\/\/wncen.com\/news\/bitcoin-closes-q1-with-historic-darth-maul-candle-heres-what-it-means\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/wncen.com\/news\/bitcoin-closes-q1-with-historic-darth-maul-candle-heres-what-it-means\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/wncen.com\/news\/bitcoin-closes-q1-with-historic-darth-maul-candle-heres-what-it-means\/#primaryimage\",\"url\":\"https:\/\/wncen.com\/wp-content\/uploads\/2020\/04\/bitcoin-price-darth-maul-candle-monthly-quarter-3m-shutterstock_1112901722-scaled.jpg?fit=2560%2C1706\",\"contentUrl\":\"https:\/\/wncen.com\/wp-content\/uploads\/2020\/04\/bitcoin-price-darth-maul-candle-monthly-quarter-3m-shutterstock_1112901722-scaled.jpg?fit=2560%2C1706\",\"width\":2560,\"height\":1706,\"caption\":\"bitcoin price btcusd darth maul\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/wncen.com\/news\/bitcoin-closes-q1-with-historic-darth-maul-candle-heres-what-it-means\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/wncen.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Bitcoin Closes Q1 With Historic Darth Maul Candle: Here&#8217;s What it Means\"}]},{\"@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\/5322c9a09a6f19804bb578de17556a1d\",\"name\":\"Tony \\\"El Toro\\\" Severino\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/wncen.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/129b75c18bdea8b048f1d7d526df61d7?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/129b75c18bdea8b048f1d7d526df61d7?s=96&d=mm&r=g\",\"caption\":\"Tony \\\"El Toro\\\" Severino\"},\"description\":\"Tony \\\"The Bull\\\" Severino, CMT, is a distinguished figure in the cryptocurrency analysis sector, renowned for his in-depth technical expertise and innovative approach to market trends. As the Head of Research at NewsBTC, Tony leads a team dedicated to providing cutting-edge insights and forecasts, helping both novice and experienced traders navigate the complexities of the crypto market. A seasoned Chartered Market Technician, Tony's prowess in identifying and capitalizing on market patterns is unmatched. His academic and professional journey in market analysis has firmly established him as a leading authority in technical trading strategies. Tony\u2019s approach is heavily influenced by the principles of Elliott Wave Theory, a method known for its rigorous assessment of investor psychology and price movements. Beyond his role at NewsBTC, Tony is the visionary founder of CoinChartist.io, an educational platform aimed at demystifying the nuances of cryptocurrency trading. CoinChartist.io serves as a valuable resource for traders seeking to enhance their technical analysis skills. The platform offers a range of learning tools and resources designed to empower traders with the knowledge to make informed trading decisions. In addition to his educational initiatives, Tony is a prolific author and a dominant voice in the crypto community. He writes the CoinChartist VIP newsletter, a weekly dispatch that has become a staple among crypto enthusiasts, revered for its insightful analysis and actionable trading advice. This newsletter has consistently ranked as a best-seller on SubStack, boasting thousands of subscribers who rely on Tony\u2019s expertise to guide their trading strategies. Tony is also celebrated for his literary contributions to the field. He is the author of the highest-rated Crypto Trading Journal on Amazon.com, a testament to his ability to communicate complex trading concepts in an accessible manner. This journal is widely regarded as an essential tool for traders aiming to track their progress and refine their strategies. Before his ascent in the financial analysis world, Tony honed his skills in journalism. His background in this field has endowed him with a unique ability to present intricate market dynamics in a clear and compelling manner, making his insights highly sought after by a broad audience that ranges from casual readers to professional traders. His professional affiliations underscore his commitment to excellence and continuous learning. As a partner of Elliott Wave International and TradingView, Tony collaborates with other leading experts to enhance his knowledge and skills. His active membership in the CMT Association further aligns him with the highest standards of industry practices and ethics. Tony\u2019s nickname, \\\"The Bull,\\\" aptly reflects his aggressive and optimistic outlook on the cryptocurrency markets. His forecasts often anticipate significant upturns, earning him a reputation for bullish predictions that have frequently led to lucrative outcomes for those who follow his advice. In summary, Tony \\\"The Bull\\\" Severino, CMT, is more than just a technical analyst; he is a mentor, educator, and innovator whose influence in the cryptocurrency space continues to grow. His dedication to advancing the understanding of market forces and his commitment to providing high-quality, reliable analysis make him a pivotal figure in the world of cryptocurrency trading.\",\"sameAs\":[\"https:\/\/coinchartist.io\/\",\"https:\/\/www.instagram.com\/coinchartist_io\/\",\"https:\/\/x.com\/https:\/\/twitter.com\/tonythebullBTC\",\"https:\/\/www.youtube.com\/@coinchartist_io\"],\"url\":\"https:\/\/wncen.com\/author\/tonymspilotro\/\"}]}<\/script>\n","yoast_head_json":{"title":"Bitcoin Closes Q1 With Historic Darth Maul Candle: Here's What it Means","description":"Bitcoin price had one of its most volatile months yet, resulting in a massive, $6,000 long \u201cDarth Maul\u201d candle on the three-month price chart. But what","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-closes-q1-with-historic-darth-maul-candle-heres-what-it-means\/","og_locale":"en_US","og_type":"article","og_title":"Bitcoin Closes Q1 With Historic Darth Maul Candle: Here's What it Means","og_description":"Bitcoin price had one of its most volatile months yet, resulting in a massive, $6,000 long \u201cDarth Maul\u201d candle on the three-month price chart. But what","og_url":"https:\/\/wncen.com\/news\/bitcoin-closes-q1-with-historic-darth-maul-candle-heres-what-it-means\/","og_site_name":"NewsBTC","article_publisher":"https:\/\/www.facebook.com\/newsbtc","article_published_time":"2020-04-01T18:00:45+00:00","article_modified_time":"2020-04-01T16:13:19+00:00","og_image":[{"width":2560,"height":1706,"url":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/04\/bitcoin-price-darth-maul-candle-monthly-quarter-3m-shutterstock_1112901722-scaled.jpg","type":"image\/jpeg"}],"author":"Tony \"El Toro\" Severino","twitter_card":"summary_large_image","twitter_creator":"@https:\/\/twitter.com\/tonythebullBTC","twitter_site":"@newsbtc","twitter_misc":{"Written by":"Tony \"El Toro\" Severino","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"NewsArticle","@id":"https:\/\/wncen.com\/news\/bitcoin-closes-q1-with-historic-darth-maul-candle-heres-what-it-means\/#article","isPartOf":{"@id":"https:\/\/wncen.com\/news\/bitcoin-closes-q1-with-historic-darth-maul-candle-heres-what-it-means\/"},"author":{"name":"Tony \"El Toro\" Severino","@id":"https:\/\/wncen.com\/#\/schema\/person\/5322c9a09a6f19804bb578de17556a1d"},"headline":"Bitcoin Closes Q1 With Historic Darth Maul Candle: Here&#8217;s What it Means","datePublished":"2020-04-01T18:00:45+00:00","dateModified":"2020-04-01T16:13:19+00:00","mainEntityOfPage":{"@id":"https:\/\/wncen.com\/news\/bitcoin-closes-q1-with-historic-darth-maul-candle-heres-what-it-means\/"},"wordCount":492,"commentCount":0,"publisher":{"@id":"https:\/\/wncen.com\/#organization"},"image":{"@id":"https:\/\/wncen.com\/news\/bitcoin-closes-q1-with-historic-darth-maul-candle-heres-what-it-means\/#primaryimage"},"thumbnailUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/04\/bitcoin-price-darth-maul-candle-monthly-quarter-3m-shutterstock_1112901722-scaled.jpg?fit=2560%2C1706","keywords":["2020","bitcoin","bitcoin price","btcusd","Darth Maul","star wars"],"articleSection":["Bitcoin","Cryptocurrency Market News"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/wncen.com\/news\/bitcoin-closes-q1-with-historic-darth-maul-candle-heres-what-it-means\/#respond"]}],"copyrightYear":"2020","copyrightHolder":{"@id":"https:\/\/wncen.com\/#organization"}},{"@type":"WebPage","@id":"https:\/\/wncen.com\/news\/bitcoin-closes-q1-with-historic-darth-maul-candle-heres-what-it-means\/","url":"https:\/\/wncen.com\/news\/bitcoin-closes-q1-with-historic-darth-maul-candle-heres-what-it-means\/","name":"Bitcoin Closes Q1 With Historic Darth Maul Candle: Here's What it Means","isPartOf":{"@id":"https:\/\/wncen.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/wncen.com\/news\/bitcoin-closes-q1-with-historic-darth-maul-candle-heres-what-it-means\/#primaryimage"},"image":{"@id":"https:\/\/wncen.com\/news\/bitcoin-closes-q1-with-historic-darth-maul-candle-heres-what-it-means\/#primaryimage"},"thumbnailUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/04\/bitcoin-price-darth-maul-candle-monthly-quarter-3m-shutterstock_1112901722-scaled.jpg?fit=2560%2C1706","datePublished":"2020-04-01T18:00:45+00:00","dateModified":"2020-04-01T16:13:19+00:00","description":"Bitcoin price had one of its most volatile months yet, resulting in a massive, $6,000 long \u201cDarth Maul\u201d candle on the three-month price chart. But what","breadcrumb":{"@id":"https:\/\/wncen.com\/news\/bitcoin-closes-q1-with-historic-darth-maul-candle-heres-what-it-means\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/wncen.com\/news\/bitcoin-closes-q1-with-historic-darth-maul-candle-heres-what-it-means\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/wncen.com\/news\/bitcoin-closes-q1-with-historic-darth-maul-candle-heres-what-it-means\/#primaryimage","url":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/04\/bitcoin-price-darth-maul-candle-monthly-quarter-3m-shutterstock_1112901722-scaled.jpg?fit=2560%2C1706","contentUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/04\/bitcoin-price-darth-maul-candle-monthly-quarter-3m-shutterstock_1112901722-scaled.jpg?fit=2560%2C1706","width":2560,"height":1706,"caption":"bitcoin price btcusd darth maul"},{"@type":"BreadcrumbList","@id":"https:\/\/wncen.com\/news\/bitcoin-closes-q1-with-historic-darth-maul-candle-heres-what-it-means\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/wncen.com\/"},{"@type":"ListItem","position":2,"name":"Bitcoin Closes Q1 With Historic Darth Maul Candle: Here&#8217;s What it Means"}]},{"@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\/5322c9a09a6f19804bb578de17556a1d","name":"Tony \"El Toro\" Severino","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/wncen.com\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/129b75c18bdea8b048f1d7d526df61d7?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/129b75c18bdea8b048f1d7d526df61d7?s=96&d=mm&r=g","caption":"Tony \"El Toro\" Severino"},"description":"Tony \"The Bull\" Severino, CMT, is a distinguished figure in the cryptocurrency analysis sector, renowned for his in-depth technical expertise and innovative approach to market trends. As the Head of Research at NewsBTC, Tony leads a team dedicated to providing cutting-edge insights and forecasts, helping both novice and experienced traders navigate the complexities of the crypto market. A seasoned Chartered Market Technician, Tony's prowess in identifying and capitalizing on market patterns is unmatched. His academic and professional journey in market analysis has firmly established him as a leading authority in technical trading strategies. Tony\u2019s approach is heavily influenced by the principles of Elliott Wave Theory, a method known for its rigorous assessment of investor psychology and price movements. Beyond his role at NewsBTC, Tony is the visionary founder of CoinChartist.io, an educational platform aimed at demystifying the nuances of cryptocurrency trading. CoinChartist.io serves as a valuable resource for traders seeking to enhance their technical analysis skills. The platform offers a range of learning tools and resources designed to empower traders with the knowledge to make informed trading decisions. In addition to his educational initiatives, Tony is a prolific author and a dominant voice in the crypto community. He writes the CoinChartist VIP newsletter, a weekly dispatch that has become a staple among crypto enthusiasts, revered for its insightful analysis and actionable trading advice. This newsletter has consistently ranked as a best-seller on SubStack, boasting thousands of subscribers who rely on Tony\u2019s expertise to guide their trading strategies. Tony is also celebrated for his literary contributions to the field. He is the author of the highest-rated Crypto Trading Journal on Amazon.com, a testament to his ability to communicate complex trading concepts in an accessible manner. This journal is widely regarded as an essential tool for traders aiming to track their progress and refine their strategies. Before his ascent in the financial analysis world, Tony honed his skills in journalism. His background in this field has endowed him with a unique ability to present intricate market dynamics in a clear and compelling manner, making his insights highly sought after by a broad audience that ranges from casual readers to professional traders. His professional affiliations underscore his commitment to excellence and continuous learning. As a partner of Elliott Wave International and TradingView, Tony collaborates with other leading experts to enhance his knowledge and skills. His active membership in the CMT Association further aligns him with the highest standards of industry practices and ethics. Tony\u2019s nickname, \"The Bull,\" aptly reflects his aggressive and optimistic outlook on the cryptocurrency markets. His forecasts often anticipate significant upturns, earning him a reputation for bullish predictions that have frequently led to lucrative outcomes for those who follow his advice. In summary, Tony \"The Bull\" Severino, CMT, is more than just a technical analyst; he is a mentor, educator, and innovator whose influence in the cryptocurrency space continues to grow. His dedication to advancing the understanding of market forces and his commitment to providing high-quality, reliable analysis make him a pivotal figure in the world of cryptocurrency trading.","sameAs":["https:\/\/coinchartist.io\/","https:\/\/www.instagram.com\/coinchartist_io\/","https:\/\/x.com\/https:\/\/twitter.com\/tonythebullBTC","https:\/\/www.youtube.com\/@coinchartist_io"],"url":"https:\/\/wncen.com\/author\/tonymspilotro\/"}]}},"parsely":{"version":"1.1.0","meta":{"@context":"https:\/\/schema.org","@type":"NewsArticle","headline":"Bitcoin Closes Q1 With Historic Darth Maul Candle: Here&#8217;s What it Means","url":"http:\/\/wncen.com\/news\/bitcoin-closes-q1-with-historic-darth-maul-candle-heres-what-it-means\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/wncen.com\/news\/bitcoin-closes-q1-with-historic-darth-maul-candle-heres-what-it-means\/"},"thumbnailUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/04\/bitcoin-price-darth-maul-candle-monthly-quarter-3m-shutterstock_1112901722-scaled.jpg?resize=200%2C200","image":{"@type":"ImageObject","url":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/04\/bitcoin-price-darth-maul-candle-monthly-quarter-3m-shutterstock_1112901722-scaled.jpg?fit=2560%2C1706"},"articleSection":"Bitcoin","author":[{"@type":"Person","name":"Tony \"El Toro\" Severino"}],"creator":["Tony \"El Toro\" Severino"],"publisher":{"@type":"Organization","name":"NewsBTC","logo":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/cropped-cropped-cropped-favicon.png?w=32"},"keywords":["2020","bitcoin","bitcoin price","btcusd","darth maul","star wars"],"dateCreated":"2020-04-01T18:00:45Z","datePublished":"2020-04-01T18:00:45Z","dateModified":"2020-04-01T18:00:45Z"},"rendered":"<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"NewsArticle\",\"headline\":\"Bitcoin Closes Q1 With Historic Darth Maul Candle: Here&#8217;s What it Means\",\"url\":\"http:\\\/\\\/wncen.com\\\/news\\\/bitcoin-closes-q1-with-historic-darth-maul-candle-heres-what-it-means\\\/\",\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/wncen.com\\\/news\\\/bitcoin-closes-q1-with-historic-darth-maul-candle-heres-what-it-means\\\/\"},\"thumbnailUrl\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2020\\\/04\\\/bitcoin-price-darth-maul-candle-monthly-quarter-3m-shutterstock_1112901722-scaled.jpg?resize=200%2C200\",\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2020\\\/04\\\/bitcoin-price-darth-maul-candle-monthly-quarter-3m-shutterstock_1112901722-scaled.jpg?fit=2560%2C1706\"},\"articleSection\":\"Bitcoin\",\"author\":[{\"@type\":\"Person\",\"name\":\"Tony \\\"El Toro\\\" Severino\"}],\"creator\":[\"Tony \\\"El Toro\\\" Severino\"],\"publisher\":{\"@type\":\"Organization\",\"name\":\"NewsBTC\",\"logo\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2020\\\/06\\\/cropped-cropped-cropped-favicon.png?w=32\"},\"keywords\":[\"2020\",\"bitcoin\",\"bitcoin price\",\"btcusd\",\"darth maul\",\"star wars\"],\"dateCreated\":\"2020-04-01T18:00:45Z\",\"datePublished\":\"2020-04-01T18:00:45Z\",\"dateModified\":\"2020-04-01T18:00:45Z\"}<\/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\/2020\/04\/bitcoin-price-darth-maul-candle-monthly-quarter-3m-shutterstock_1112901722-scaled.jpg?fit=2560%2C1706","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts\/419683"}],"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\/517"}],"replies":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/comments?post=419683"}],"version-history":[{"count":0,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts\/419683\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/media\/419685"}],"wp:attachment":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/media?parent=419683"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/categories?post=419683"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/tags?post=419683"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}