{"id":424242,"date":"2020-05-18T10:15:42","date_gmt":"2020-05-18T10:15:42","guid":{"rendered":"https:\/\/wncen.com\/?p=424242"},"modified":"2024-06-11T13:48:54","modified_gmt":"2024-06-11T13:48:54","slug":"golden-era-bitcoin-price-coming-weekly-close","status":"publish","type":"post","link":"https:\/\/wncen.com\/news\/golden-era-bitcoin-price-coming-weekly-close\/","title":{"rendered":"The “Golden Era” for Bitcoin Is Coming After Crucial Weekly Candle Closes Above $9,500"},"content":{"rendered":"

Just a day before Bitcoin’s latest weekly candle closed on Sunday evening, the cryptocurrency made a final push higher, rallying from the low-$9,000s to $9,800. While a small move in dollar terms, it was this final push that allowed BTC to pass a key resistance level, opening Bitcoin to a “golden era” of price action.<\/p>\n

Bitcoin’s Weekly Candle Was Decisively Bullish: Analysts<\/h2>\n

After failing to surmount a macro downtrend three times over the past two years, Bitcoin managed to crack that same level this week as depicted in the chart below. This technical occurrence holds weight, analysts say, and it may be a precursor to further macro gains.<\/p>\n

“Honestly, it’s hard to be bearish with a weekly close up here and even if we do get a small pullback on LTF’s I think the next step would be closing the monthly here or higher. HTF I think Q3 & Q4 and 2021 is literally the golden era,” one popular trader said<\/a>, highlighting the next year to 18 months as a potential “golden era” for the market.<\/p><\/blockquote>\n

\"Chart
Chart from Cactus (@TheCryptoCactus on Twitter), a prominent crypto trader.<\/figcaption><\/figure>\n

The sentiment that Bitcoin will be a market graced with gains later this year and next is somewhat common.<\/p>\n

Simon Peters, an analyst at eToro, unlimited QE and the potential for negative interest rates<\/a>. that he expects for Bitcoin to trade between $20,000 and $50,000 in the next 18-odd months.<\/p>\n

Backing this optimistic prediction, Peters cited the macroeconomic turmoil, explaining that Bitcoin is likely to come into play as a hedge against inflation. In a world of “unlimited QE and the potential for negative interest rates,” he added, it is that much more likely the cryptocurrency gains the support of “high-profile names.”<\/p>\n

Related Reading:\u00a0Once In a Lifetime Money Printing Strengthens Bitcoin\u2019s Bull Case: Investor<\/a><\/h6>\n

Short-Term Pullback Possible<\/strong><\/h2>\n

Although analysts like the aforementioned see the weekly close as decisively bullish, the asset may be vulnerable to a short-term pullback.<\/p>\n

Per\u00a0previous reports from this very outlet,<\/a> order book data of Bitfinex\u2019s BTC\/USD market\u00a0shared by a popular crypto trader<\/a> indicates that there is a massive block of orders looking to sell Bitcoin around $10,000 that may be hard to break past.<\/p>\n

\"Chart
Order book (BTC\/USD) screenshot from Majin (@Majinsayan on Twitter), a crypto trader. The data indicates that there is a cluster of resistance from $10,000-10,400 that may be hard for bulls to break past in the coming days and weeks.<\/figcaption><\/figure>\n

Bitfinex\u2019s order book suggests that from $9,900 to $10,600, there is approximately 4,200 Bitcoin worth of sell orders, most of which are clustered around the low-$10,000s That means on one exchange alone, there is over $40 million worth of sell-side pressure if the asset attempts to cross $10k.<\/p>\n

Simultaneously, data from futures exchanges has signaled that while longs are bidding the price aggressively, they’re becoming overextended compared to bears.<\/p>\n

The funding rate of Bitcoin futures contracts on leading exchanges like BitMEX and OKEx has begun to seriously trend positive,<\/a> indicative of a market top because that basically means it’s “expensive” to open a long contract compared to a short contract.<\/p>\n

Related Reading:\u00a0Crypto Tidbits: Bitcoin Halving, Reddit Using Ethereum, JP Morgan Dabbles in Crypto<\/a><\/h6>\n
Featured Image from Unsplash<\/pre>\n","protected":false},"excerpt":{"rendered":"
Just a day before Bitcoin’s latest weekly candle closed on Sunday evening, the cryptocurrency made a final push higher, rallying from the low-$9,000s to $9,800. While a small move in dollar terms, it was this final push that allowed BTC to pass a key resistance level, opening Bitcoin to a “golden era” of price action. Bitcoin’s Weekly Candle Was Decisively Bullish: Analysts After failing to surmount a macro downtrend three times over the past two years, Bitcoin managed to crack that same level this week as depicted in the chart below. This technical occurrence holds weight, analysts say, and it may be a precursor to further macro gains. “Honestly, it’s hard to be bearish with a weekly close up here and even if we do get a small pullback on LTF’s I think the next step would be closing the monthly here or higher. HTF I think Q3 & Q4 and 2021 is literally the golden era,” one popular trader said, highlighting the next year to 18 months as a potential “golden era” for the market. The sentiment that Bitcoin will be a market graced with gains later this year and next is somewhat common. Simon Peters, an analyst at eToro, unlimited QE and the potential for negative interest rates. that he expects for Bitcoin to trade between $20,000 and $50,000 in the next 18-odd months. Backing this optimistic prediction, Peters cited the macroeconomic turmoil, explaining that Bitcoin is likely to come into play as a hedge against inflation. In a world of “unlimited QE and the potential for negative interest rates,” he added, it is that much more likely the cryptocurrency gains the support of “high-profile names.” Related Reading:\u00a0Once In a Lifetime Money Printing Strengthens Bitcoin\u2019s Bull Case: Investor Short-Term Pullback Possible Although analysts like the aforementioned see the weekly close as decisively bullish, the asset may be vulnerable to a short-term pullback. Per\u00a0previous reports from this very outlet, order book data of Bitfinex\u2019s BTC\/USD market\u00a0shared by a popular crypto trader indicates that there is a massive block of orders looking to sell Bitcoin around $10,000 that may be hard to break past. Bitfinex\u2019s order book suggests that from $9,900 to $10,600, there is approximately 4,200 Bitcoin worth of sell orders, most of which are clustered around the low-$10,000s That means on one exchange alone, there is over $40 million worth of sell-side pressure if the asset attempts to cross $10k. Simultaneously, data from futures exchanges has signaled that while longs are bidding the price aggressively, they’re becoming overextended compared to bears. The funding rate of Bitcoin futures contracts on leading exchanges like BitMEX and OKEx has begun to seriously trend positive, indicative of a market top because that basically means it’s “expensive” to open a long contract compared to a short contract. Related Reading:\u00a0Crypto Tidbits: Bitcoin Halving, Reddit Using Ethereum, JP Morgan Dabbles in Crypto Featured Image from Unsplash<\/p>\n","protected":false},"author":497,"featured_media":423636,"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":[679,1144,4078,76835],"class_list":["post-424242","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-bitcoin-price","tag-btcusd","tag-technical-analysis","tag-xbtusd"],"acf":[],"yoast_head":"\nThe "Golden Era" for Bitcoin Is Coming After Crucial Weekly Candle Closes Above $9,500<\/title>\n<meta name=\"description\" content=\"Just a day before Bitcoin's latest weekly candle closed on Sunday evening, the cryptocurrency made a final push higher, rallying from the low-$9,000s to\" \/>\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\/golden-era-bitcoin-price-coming-weekly-close\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"The "Golden Era" for Bitcoin Is Coming After Crucial Weekly Candle Closes Above $9,500\" \/>\n<meta property=\"og:description\" content=\"Just a day before Bitcoin's latest weekly candle closed on Sunday evening, the cryptocurrency made a final push higher, rallying from the low-$9,000s to\" \/>\n<meta property=\"og:url\" content=\"https:\/\/wncen.com\/news\/golden-era-bitcoin-price-coming-weekly-close\/\" \/>\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=\"2020-05-18T10:15:42+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-06-11T13:48:54+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/wncen.com\/wp-content\/uploads\/2020\/05\/matthew-sichkaruk-hDAJUsLro7U-unsplash-scaled.jpg?fit=2560%2C1707\" \/>\n\t<meta property=\"og:image:width\" content=\"2560\" \/>\n\t<meta property=\"og:image:height\" content=\"1707\" \/>\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=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"NewsArticle\",\"@id\":\"https:\/\/wncen.com\/news\/golden-era-bitcoin-price-coming-weekly-close\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/wncen.com\/news\/golden-era-bitcoin-price-coming-weekly-close\/\"},\"author\":{\"name\":\"Nick Chong\",\"@id\":\"https:\/\/wncen.com\/#\/schema\/person\/4c1114650d72d49c455452d2ce5c981a\"},\"headline\":\"The “Golden Era” for Bitcoin Is Coming After Crucial Weekly Candle Closes Above $9,500\",\"datePublished\":\"2020-05-18T10:15:42+00:00\",\"dateModified\":\"2024-06-11T13:48:54+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/wncen.com\/news\/golden-era-bitcoin-price-coming-weekly-close\/\"},\"wordCount\":558,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/wncen.com\/#organization\"},\"image\":{\"@id\":\"https:\/\/wncen.com\/news\/golden-era-bitcoin-price-coming-weekly-close\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/wncen.com\/wp-content\/uploads\/2020\/05\/matthew-sichkaruk-hDAJUsLro7U-unsplash-scaled.jpg?fit=2560%2C1707\",\"keywords\":[\"bitcoin price\",\"btcusd\",\"technical analysis\",\"xbtusd\"],\"articleSection\":[\"Cryptocurrency Market News\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/wncen.com\/news\/golden-era-bitcoin-price-coming-weekly-close\/#respond\"]}],\"copyrightYear\":\"2020\",\"copyrightHolder\":{\"@id\":\"https:\/\/wncen.com\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/wncen.com\/news\/golden-era-bitcoin-price-coming-weekly-close\/\",\"url\":\"https:\/\/wncen.com\/news\/golden-era-bitcoin-price-coming-weekly-close\/\",\"name\":\"The \\\"Golden Era\\\" for Bitcoin Is Coming After Crucial Weekly Candle Closes Above $9,500\",\"isPartOf\":{\"@id\":\"https:\/\/wncen.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/wncen.com\/news\/golden-era-bitcoin-price-coming-weekly-close\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/wncen.com\/news\/golden-era-bitcoin-price-coming-weekly-close\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/wncen.com\/wp-content\/uploads\/2020\/05\/matthew-sichkaruk-hDAJUsLro7U-unsplash-scaled.jpg?fit=2560%2C1707\",\"datePublished\":\"2020-05-18T10:15:42+00:00\",\"dateModified\":\"2024-06-11T13:48:54+00:00\",\"description\":\"Just a day before Bitcoin's latest weekly candle closed on Sunday evening, the cryptocurrency made a final push higher, rallying from the low-$9,000s to\",\"breadcrumb\":{\"@id\":\"https:\/\/wncen.com\/news\/golden-era-bitcoin-price-coming-weekly-close\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/wncen.com\/news\/golden-era-bitcoin-price-coming-weekly-close\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/wncen.com\/news\/golden-era-bitcoin-price-coming-weekly-close\/#primaryimage\",\"url\":\"https:\/\/wncen.com\/wp-content\/uploads\/2020\/05\/matthew-sichkaruk-hDAJUsLro7U-unsplash-scaled.jpg?fit=2560%2C1707\",\"contentUrl\":\"https:\/\/wncen.com\/wp-content\/uploads\/2020\/05\/matthew-sichkaruk-hDAJUsLro7U-unsplash-scaled.jpg?fit=2560%2C1707\",\"width\":2560,\"height\":1707,\"caption\":\"bitcoin price featured image\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/wncen.com\/news\/golden-era-bitcoin-price-coming-weekly-close\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/wncen.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"The “Golden Era” for Bitcoin Is Coming After Crucial Weekly Candle Closes Above $9,500\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/wncen.com\/#website\",\"url\":\"https:\/\/wncen.com\/\",\"name\":\"NewsBTC\",\"description\":\"Bitcoin & 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":"The \"Golden Era\" for Bitcoin Is Coming After Crucial Weekly Candle Closes Above $9,500","description":"Just a day before Bitcoin's latest weekly candle closed on Sunday evening, the cryptocurrency made a final push higher, rallying from the low-$9,000s to","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\/golden-era-bitcoin-price-coming-weekly-close\/","og_locale":"en_US","og_type":"article","og_title":"The \"Golden Era\" for Bitcoin Is Coming After Crucial Weekly Candle Closes Above $9,500","og_description":"Just a day before Bitcoin's latest weekly candle closed on Sunday evening, the cryptocurrency made a final push higher, rallying from the low-$9,000s to","og_url":"https:\/\/wncen.com\/news\/golden-era-bitcoin-price-coming-weekly-close\/","og_site_name":"NewsBTC","article_publisher":"https:\/\/www.facebook.com\/newsbtc","article_published_time":"2020-05-18T10:15:42+00:00","article_modified_time":"2024-06-11T13:48:54+00:00","og_image":[{"width":2560,"height":1707,"url":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/05\/matthew-sichkaruk-hDAJUsLro7U-unsplash-scaled.jpg?fit=2560%2C1707","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":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"NewsArticle","@id":"https:\/\/wncen.com\/news\/golden-era-bitcoin-price-coming-weekly-close\/#article","isPartOf":{"@id":"https:\/\/wncen.com\/news\/golden-era-bitcoin-price-coming-weekly-close\/"},"author":{"name":"Nick Chong","@id":"https:\/\/wncen.com\/#\/schema\/person\/4c1114650d72d49c455452d2ce5c981a"},"headline":"The “Golden Era” for Bitcoin Is Coming After Crucial Weekly Candle Closes Above $9,500","datePublished":"2020-05-18T10:15:42+00:00","dateModified":"2024-06-11T13:48:54+00:00","mainEntityOfPage":{"@id":"https:\/\/wncen.com\/news\/golden-era-bitcoin-price-coming-weekly-close\/"},"wordCount":558,"commentCount":0,"publisher":{"@id":"https:\/\/wncen.com\/#organization"},"image":{"@id":"https:\/\/wncen.com\/news\/golden-era-bitcoin-price-coming-weekly-close\/#primaryimage"},"thumbnailUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/05\/matthew-sichkaruk-hDAJUsLro7U-unsplash-scaled.jpg?fit=2560%2C1707","keywords":["bitcoin price","btcusd","technical analysis","xbtusd"],"articleSection":["Cryptocurrency Market News"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/wncen.com\/news\/golden-era-bitcoin-price-coming-weekly-close\/#respond"]}],"copyrightYear":"2020","copyrightHolder":{"@id":"https:\/\/wncen.com\/#organization"}},{"@type":"WebPage","@id":"https:\/\/wncen.com\/news\/golden-era-bitcoin-price-coming-weekly-close\/","url":"https:\/\/wncen.com\/news\/golden-era-bitcoin-price-coming-weekly-close\/","name":"The \"Golden Era\" for Bitcoin Is Coming After Crucial Weekly Candle Closes Above $9,500","isPartOf":{"@id":"https:\/\/wncen.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/wncen.com\/news\/golden-era-bitcoin-price-coming-weekly-close\/#primaryimage"},"image":{"@id":"https:\/\/wncen.com\/news\/golden-era-bitcoin-price-coming-weekly-close\/#primaryimage"},"thumbnailUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/05\/matthew-sichkaruk-hDAJUsLro7U-unsplash-scaled.jpg?fit=2560%2C1707","datePublished":"2020-05-18T10:15:42+00:00","dateModified":"2024-06-11T13:48:54+00:00","description":"Just a day before Bitcoin's latest weekly candle closed on Sunday evening, the cryptocurrency made a final push higher, rallying from the low-$9,000s to","breadcrumb":{"@id":"https:\/\/wncen.com\/news\/golden-era-bitcoin-price-coming-weekly-close\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/wncen.com\/news\/golden-era-bitcoin-price-coming-weekly-close\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/wncen.com\/news\/golden-era-bitcoin-price-coming-weekly-close\/#primaryimage","url":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/05\/matthew-sichkaruk-hDAJUsLro7U-unsplash-scaled.jpg?fit=2560%2C1707","contentUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/05\/matthew-sichkaruk-hDAJUsLro7U-unsplash-scaled.jpg?fit=2560%2C1707","width":2560,"height":1707,"caption":"bitcoin price featured image"},{"@type":"BreadcrumbList","@id":"https:\/\/wncen.com\/news\/golden-era-bitcoin-price-coming-weekly-close\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/wncen.com\/"},{"@type":"ListItem","position":2,"name":"The “Golden Era” for Bitcoin Is Coming After Crucial Weekly Candle Closes Above $9,500"}]},{"@type":"WebSite","@id":"https:\/\/wncen.com\/#website","url":"https:\/\/wncen.com\/","name":"NewsBTC","description":"Bitcoin & 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":"The “Golden Era” for Bitcoin Is Coming After Crucial Weekly Candle Closes Above $9,500","url":"http:\/\/wncen.com\/news\/golden-era-bitcoin-price-coming-weekly-close\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/wncen.com\/news\/golden-era-bitcoin-price-coming-weekly-close\/"},"thumbnailUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/05\/matthew-sichkaruk-hDAJUsLro7U-unsplash-scaled.jpg?resize=200%2C200","image":{"@type":"ImageObject","url":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/05\/matthew-sichkaruk-hDAJUsLro7U-unsplash-scaled.jpg?fit=2560%2C1707"},"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":["bitcoin price","btcusd","technical analysis","xbtusd"],"dateCreated":"2020-05-18T10:15:42Z","datePublished":"2020-05-18T10:15:42Z","dateModified":"2024-06-11T13:48:54Z"},"rendered":"<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"NewsArticle\",\"headline\":\"The “Golden Era” for Bitcoin Is Coming After Crucial Weekly Candle Closes Above $9,500\",\"url\":\"http:\\\/\\\/wncen.com\\\/news\\\/golden-era-bitcoin-price-coming-weekly-close\\\/\",\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/wncen.com\\\/news\\\/golden-era-bitcoin-price-coming-weekly-close\\\/\"},\"thumbnailUrl\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2020\\\/05\\\/matthew-sichkaruk-hDAJUsLro7U-unsplash-scaled.jpg?resize=200%2C200\",\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2020\\\/05\\\/matthew-sichkaruk-hDAJUsLro7U-unsplash-scaled.jpg?fit=2560%2C1707\"},\"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\":[\"bitcoin price\",\"btcusd\",\"technical analysis\",\"xbtusd\"],\"dateCreated\":\"2020-05-18T10:15:42Z\",\"datePublished\":\"2020-05-18T10:15:42Z\",\"dateModified\":\"2024-06-11T13:48:54Z\"}<\/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\/2020\/05\/matthew-sichkaruk-hDAJUsLro7U-unsplash-scaled.jpg?fit=2560%2C1707","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts\/424242"}],"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=424242"}],"version-history":[{"count":0,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts\/424242\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/media\/423636"}],"wp:attachment":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/media?parent=424242"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/categories?post=424242"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/tags?post=424242"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}