{"id":557644,"date":"2023-10-26T16:00:58","date_gmt":"2023-10-26T16:00:58","guid":{"rendered":"https:\/\/wncen.com\/?p=557644"},"modified":"2024-06-11T07:06:00","modified_gmt":"2024-06-11T07:06:00","slug":"bitcoin-high-premium-how-to-trade","status":"publish","type":"post","link":"https:\/\/wncen.com\/news\/bitcoin-high-premium-how-to-trade\/","title":{"rendered":"Crypto Analyst Says Bitcoin Is At A High Premium, How To Trade It"},"content":{"rendered":"

Bitcoin is facing resistance at its yearly high of the $35,000 mark amidst a few days of <\/span>eventful price action.<\/span><\/a> Right now, all things seem poised for a retracement, considering past price action of the cryptocurrency after sudden price surges.\u00a0<\/span><\/p>\n

However, according to some crypto analysts, Bitcoin is currently trading at a high premium. This means its price is inflated right now due to all the excitement and media attention. Data from crypto behavior analytics <\/span>Santiment has shown euphoria regarding Bitcoin<\/span><\/a> among investors on social media posts. This euphoria has occasionally preceded a decline in the price of BTC.<\/span><\/p>\n

MN Trading analyst Daan Foppen warns that the cryptocurrency is currently trading at a significant premium, noting the best time to buy is at a discount price.\u00a0<\/span><\/p>\n

Analyst Recommend Waiting For The Next Dip To Buy<\/h2>\n

Bitcoin’s current surge can likely be attributed to FOMO from investors regarding the approval of spot Bitcoin ETFs. This FOMO was reinforced by the emergence of BlackRock’s iShares Bitcoin Trust on the DTCC website.\u00a0<\/span><\/p>\n

Related Reading: Top 3 XRP Developments You Should Be Aware Of That Could Boost Price<\/a><\/div>\n

The Bitcoin Trust was<\/span> removed from the DTCC website<\/span><\/a> without explanation, leading to an ongoing consolidation and a pause in the price surge. However, the <\/span>listing has since returned<\/span><\/a>, with slight changes.<\/span><\/p>\n

Although analyst <\/span>Daan Foppen<\/span><\/a> credited this recent Bitcoin price spike as a <\/span>good sign for bulls<\/span><\/a>, he warned that the price is \u201ccurrently trading in a bearish monthly fair value gap (FVG).\u201d A good step right now is to keep an eye on the monthly close for a potential change in a scenario that will show the next direction after the current consolidation.<\/span><\/p>\n

Foppen believes a monthly close that is higher than $31,800 will solidify the beginning of a longer-term bullish momentum, while a close below the $31,800 mark will prove the bears are still in control.<\/span><\/p>\n

\u201cWe had a convincing break above the most recent high of 31.8K which is crucial for further upside momentum. If we close the candle like this, we can say that we have printed another higher high. If we close below 31.8K, my thesis will change from bull to bear, but for now, we have nothing to worry about,\u201d Foppen said.<\/span><\/p>\n

According to Foppen, a better strategy before buying it is to wait for discount prices at previous resistance levels. The analyst made this analysis by sharing various BTC price charts on different timeframes.\u00a0<\/span><\/p>\n

\"Bitcoin\"<\/p>\n

Source: MN Trading<\/pre>\n
While examining the 1-hour timeframe, he noted the best discount price for cautious traders could be at the \u201cuntested order block around $31,000, which is in line with the previous range high.\u201d<\/span><\/p>\n
\"Bitcoin<\/p>\n
Source: MN Trading<\/pre>\n
What\u2019s Next For Bitcoin?<\/h2>\n
At the moment, Bitcoin is trading at a premium, meaning it\u2019s on the higher end of its typical range. However, considering the volatility and still-nascent phase of the crypto industry, it can be somewhat difficult to use Bitcoin\u2019s past performance to predict future outcomes.\u00a0<\/span><\/p>\n
Related Reading: Massive Ethereum Whale Transfer Threatens To End ETH Rally, Here\u2019s Why<\/a><\/div>\n
Bitcoin is up by 22.30% in a 7-day timeframe, but the 24-hour trading volume dropped by 27.48%, indicating that the price increase may be beginning to level off. However, there’s certainly a very strong price spike in the near future.\u00a0<\/span><\/p>\n
Adam Back, the CEO of Blockstream, is of the opinion that the digital currency now <\/span>possesses sufficient fundamentals<\/span><\/a> to propel it past the price point of $100,000.<\/span><\/p>\n
\"Bitcoin<\/p>\n
BTC corrects downward | Source: BTCUSD on Tradingview.com<\/a><\/pre>\n
Featured image from The Daily Hodl, chart from Tradingview.com<\/div>\n","protected":false},"excerpt":{"rendered":"
Bitcoin is facing resistance at its yearly high of the $35,000 mark amidst a few days of eventful price action. Right now, all things seem poised for a retracement, considering past price action of the cryptocurrency after sudden price surges.\u00a0 However, according to some crypto analysts, Bitcoin is currently trading at a high premium. This means its price is inflated right now due to all the excitement and media attention. Data from crypto behavior analytics Santiment has shown euphoria regarding Bitcoin among investors on social media posts. This euphoria has occasionally preceded a decline in the price of BTC. MN Trading analyst Daan Foppen warns that the cryptocurrency is currently trading at a significant premium, noting the best time to buy is at a discount price.\u00a0 Analyst Recommend Waiting For The Next Dip To Buy Bitcoin’s current surge can likely be attributed to FOMO from investors regarding the approval of spot Bitcoin ETFs. This FOMO was reinforced by the emergence of BlackRock’s iShares Bitcoin Trust on the DTCC website.\u00a0 Related Reading: Top 3 XRP Developments You Should Be Aware Of That Could Boost Price The Bitcoin Trust was removed from the DTCC website without explanation, leading to an ongoing consolidation and a pause in the price surge. However, the listing has since returned, with slight changes. Although analyst Daan Foppen credited this recent Bitcoin price spike as a good sign for bulls, he warned that the price is \u201ccurrently trading in a bearish monthly fair value gap (FVG).\u201d A good step right now is to keep an eye on the monthly close for a potential change in a scenario that will show the next direction after the current consolidation. Foppen believes a monthly close that is higher than $31,800 will solidify the beginning of a longer-term bullish momentum, while a close below the $31,800 mark will prove the bears are still in control. \u201cWe had a convincing break above the most recent high of 31.8K which is crucial for further upside momentum. If we close the candle like this, we can say that we have printed another higher high. If we close below 31.8K, my thesis will change from bull to bear, but for now, we have nothing to worry about,\u201d Foppen said. According to Foppen, a better strategy before buying it is to wait for discount prices at previous resistance levels. The analyst made this analysis by sharing various BTC price charts on different timeframes.\u00a0 Source: MN Trading While examining the 1-hour timeframe, he noted the best discount price for cautious traders could be at the \u201cuntested order block around $31,000, which is in line with the previous range high.\u201d Source: MN Trading What\u2019s Next For Bitcoin? At the moment, Bitcoin is trading at a premium, meaning it\u2019s on the higher end of its typical range. However, considering the volatility and still-nascent phase of the crypto industry, it can be somewhat difficult to use Bitcoin\u2019s past performance to predict future outcomes.\u00a0 Related Reading: Massive Ethereum Whale Transfer Threatens To End ETH Rally, Here\u2019s Why Bitcoin is up by 22.30% in a 7-day timeframe, but the 24-hour trading volume dropped by 27.48%, indicating that the price increase may be beginning to level off. However, there’s certainly a very strong price spike in the near future.\u00a0 Adam Back, the CEO of Blockstream, is of the opinion that the digital currency now possesses sufficient fundamentals to propel it past the price point of $100,000. BTC corrects downward | Source: BTCUSD on Tradingview.com Featured image from The Daily Hodl, chart from Tradingview.com<\/p>\n","protected":false},"author":594,"featured_media":557656,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[3],"tags":[167,428,656,679,1119,89185,1144,78790,6664,26263,14690],"class_list":["post-557644","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-analyst","tag-bitcoin","tag-bitcoin-news","tag-bitcoin-price","tag-btc","tag-btc-news","tag-btcusd","tag-btcusdt","tag-crypto","tag-crypto-analyst","tag-crypto-news"],"acf":[],"yoast_head":"\nCrypto Analyst Says Bitcoin Is At A High Premium, How To Trade It<\/title>\n<meta name=\"description\" content=\"Bitcoin is facing resistance at its yearly high of the $35,000 mark amidst a few days of eventful price action rght now.\" \/>\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-high-premium-how-to-trade\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Crypto Analyst Says Bitcoin Is At A High Premium, How To Trade It\" \/>\n<meta property=\"og:description\" content=\"Bitcoin is facing resistance at its yearly high of the $35,000 mark amidst a few days of eventful price action rght now.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/wncen.com\/news\/bitcoin-high-premium-how-to-trade\/\" \/>\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=\"2023-10-26T16:00:58+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-06-11T07:06:00+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/wncen.com\/wp-content\/uploads\/2023\/10\/Bitcoin-premium-Small.jpeg?fit=320%2C188\" \/>\n\t<meta property=\"og:image:width\" content=\"320\" \/>\n\t<meta property=\"og:image:height\" content=\"188\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Scott Matherson\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@https:\/\/twitter.com\/MathersonScott\" \/>\n<meta name=\"twitter:site\" content=\"@newsbtc\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Scott Matherson\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"NewsArticle\",\"@id\":\"https:\/\/wncen.com\/news\/bitcoin-high-premium-how-to-trade\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/wncen.com\/news\/bitcoin-high-premium-how-to-trade\/\"},\"author\":{\"name\":\"Scott Matherson\",\"@id\":\"https:\/\/wncen.com\/#\/schema\/person\/b728e21249a8147d980445b0ee98f18d\"},\"headline\":\"Crypto Analyst Says Bitcoin Is At A High Premium, How To Trade It\",\"datePublished\":\"2023-10-26T16:00:58+00:00\",\"dateModified\":\"2024-06-11T07:06:00+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/wncen.com\/news\/bitcoin-high-premium-how-to-trade\/\"},\"wordCount\":588,\"publisher\":{\"@id\":\"https:\/\/wncen.com\/#organization\"},\"image\":{\"@id\":\"https:\/\/wncen.com\/news\/bitcoin-high-premium-how-to-trade\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/wncen.com\/wp-content\/uploads\/2023\/10\/Bitcoin-premium-Small.jpeg?fit=320%2C188\",\"keywords\":[\"analyst\",\"bitcoin\",\"Bitcoin news\",\"bitcoin price\",\"btc\",\"BTC news\",\"btcusd\",\"BTCUSDT\",\"crypto\",\"crypto analyst\",\"crypto news\"],\"articleSection\":[\"Cryptocurrency Market News\"],\"inLanguage\":\"en-US\",\"copyrightYear\":\"2023\",\"copyrightHolder\":{\"@id\":\"https:\/\/wncen.com\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/wncen.com\/news\/bitcoin-high-premium-how-to-trade\/\",\"url\":\"https:\/\/wncen.com\/news\/bitcoin-high-premium-how-to-trade\/\",\"name\":\"Crypto Analyst Says Bitcoin Is At A High Premium, How To Trade It\",\"isPartOf\":{\"@id\":\"https:\/\/wncen.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/wncen.com\/news\/bitcoin-high-premium-how-to-trade\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/wncen.com\/news\/bitcoin-high-premium-how-to-trade\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/wncen.com\/wp-content\/uploads\/2023\/10\/Bitcoin-premium-Small.jpeg?fit=320%2C188\",\"datePublished\":\"2023-10-26T16:00:58+00:00\",\"dateModified\":\"2024-06-11T07:06:00+00:00\",\"description\":\"Bitcoin is facing resistance at its yearly high of the $35,000 mark amidst a few days of eventful price action rght now.\",\"breadcrumb\":{\"@id\":\"https:\/\/wncen.com\/news\/bitcoin-high-premium-how-to-trade\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/wncen.com\/news\/bitcoin-high-premium-how-to-trade\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/wncen.com\/news\/bitcoin-high-premium-how-to-trade\/#primaryimage\",\"url\":\"https:\/\/wncen.com\/wp-content\/uploads\/2023\/10\/Bitcoin-premium-Small.jpeg?fit=320%2C188\",\"contentUrl\":\"https:\/\/wncen.com\/wp-content\/uploads\/2023\/10\/Bitcoin-premium-Small.jpeg?fit=320%2C188\",\"width\":320,\"height\":188,\"caption\":\"Bitcoin premium\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/wncen.com\/news\/bitcoin-high-premium-how-to-trade\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/wncen.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Crypto Analyst Says Bitcoin Is At A High Premium, How To Trade It\"}]},{\"@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\/b728e21249a8147d980445b0ee98f18d\",\"name\":\"Scott Matherson\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/wncen.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/3d21ae3d2529ce2df4466b61ea80b449?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/3d21ae3d2529ce2df4466b61ea80b449?s=96&d=mm&r=g\",\"caption\":\"Scott Matherson\"},\"description\":\"Scott Matherson is a prominent crypto writer at NewsBTC with a knack for capturing the pulse of the market, covering pivotal shifts, technological advancements, and regulatory changes with precision. Having witnessed the evolving landscape of the crypto world firsthand, Scott is able to dissect complex crypto topics and present them in an accessible and engaging manner. Scott's dedication to clarity and accuracy has made him an indispensable asset, helping to demystify the complex world of cryptocurrency for countless readers. Scott\u2019s experience spans a number of industries outside of crypto including banking and investment. He has brought his vast experience from these industries into crypto, which allows him to understand even the most complex topics and break them down in a way that is easy for readers from all works of life to understand. Scott\u2019s pieces have helped to break down cryptocurrency processes and how they work, as well as the underlying groundbreaking technology that makes them so important to everyday life. With years of experience in the crypto market, Scott began to focus on his true passion: writing. During this time, Scott has been able to author countless influential pieces that have drawn in millions of readers and have shaped public opinion across various important topics. His repertoire spans hundreds of articles on various sectors in the crypto industry, including decentralized finance (DeFi), decentralized exchanges (DEXes), Staking, Liquid Staking, emerging technologies, and non-fungible tokens (NFTs), among others. Scott\u2019s influence is not just limited to the countless discussions that his publications have sparked but also as a consultant for major projects in the space. He has consulted on issues ranging from crypto regulations to new technology deployment. Scott\u2019s expertise also spans community building and contributes to a number of causes to further the development of the crypto industry. Scott is an advocate for sustainable practices within the crypto industry and has championed discussions around green blockchain solutions. His ability to keep in line with market trends has made his work a favorite among crypto investors. In his personal life, Scott is an avid traveler and his exposure to the world and various way of life has helped him to understand how important technologies like the blockchain and cryptocurrencies are. This has been key in his understanding of its global impact, as well as his ability to connect socio-economic developments to technological trends around the globe like no one else. Scott is known for his work in community education to help people understand crypto technology and how its existence impacts their lives. He is a well-respected figure in his community, known for his work in helping to enlighten and inspire the next generation as they channel their energies into pressing issues. His work is a testament to his dedication and commitment to education and innovation, as well as the promotion of ethical practices in the rapidly developing world of cryptocurrencies. Scott stands steady in the frontlines of the crypto revolution and is committed to helping to shape a future that promotes the development of technology in an ethical manner that translates to the benefit of all in the society.\",\"sameAs\":[\"https:\/\/x.com\/https:\/\/twitter.com\/MathersonScott\"],\"url\":\"https:\/\/wncen.com\/author\/mathersonscott1\/\"}]}<\/script>\n","yoast_head_json":{"title":"Crypto Analyst Says Bitcoin Is At A High Premium, How To Trade It","description":"Bitcoin is facing resistance at its yearly high of the $35,000 mark amidst a few days of eventful price action rght now.","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-high-premium-how-to-trade\/","og_locale":"en_US","og_type":"article","og_title":"Crypto Analyst Says Bitcoin Is At A High Premium, How To Trade It","og_description":"Bitcoin is facing resistance at its yearly high of the $35,000 mark amidst a few days of eventful price action rght now.","og_url":"https:\/\/wncen.com\/news\/bitcoin-high-premium-how-to-trade\/","og_site_name":"NewsBTC","article_publisher":"https:\/\/www.facebook.com\/newsbtc","article_published_time":"2023-10-26T16:00:58+00:00","article_modified_time":"2024-06-11T07:06:00+00:00","og_image":[{"width":320,"height":188,"url":"https:\/\/wncen.com\/wp-content\/uploads\/2023\/10\/Bitcoin-premium-Small.jpeg?fit=320%2C188","type":"image\/jpeg"}],"author":"Scott Matherson","twitter_card":"summary_large_image","twitter_creator":"@https:\/\/twitter.com\/MathersonScott","twitter_site":"@newsbtc","twitter_misc":{"Written by":"Scott Matherson","Est. reading time":"4 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"NewsArticle","@id":"https:\/\/wncen.com\/news\/bitcoin-high-premium-how-to-trade\/#article","isPartOf":{"@id":"https:\/\/wncen.com\/news\/bitcoin-high-premium-how-to-trade\/"},"author":{"name":"Scott Matherson","@id":"https:\/\/wncen.com\/#\/schema\/person\/b728e21249a8147d980445b0ee98f18d"},"headline":"Crypto Analyst Says Bitcoin Is At A High Premium, How To Trade It","datePublished":"2023-10-26T16:00:58+00:00","dateModified":"2024-06-11T07:06:00+00:00","mainEntityOfPage":{"@id":"https:\/\/wncen.com\/news\/bitcoin-high-premium-how-to-trade\/"},"wordCount":588,"publisher":{"@id":"https:\/\/wncen.com\/#organization"},"image":{"@id":"https:\/\/wncen.com\/news\/bitcoin-high-premium-how-to-trade\/#primaryimage"},"thumbnailUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2023\/10\/Bitcoin-premium-Small.jpeg?fit=320%2C188","keywords":["analyst","bitcoin","Bitcoin news","bitcoin price","btc","BTC news","btcusd","BTCUSDT","crypto","crypto analyst","crypto news"],"articleSection":["Cryptocurrency Market News"],"inLanguage":"en-US","copyrightYear":"2023","copyrightHolder":{"@id":"https:\/\/wncen.com\/#organization"}},{"@type":"WebPage","@id":"https:\/\/wncen.com\/news\/bitcoin-high-premium-how-to-trade\/","url":"https:\/\/wncen.com\/news\/bitcoin-high-premium-how-to-trade\/","name":"Crypto Analyst Says Bitcoin Is At A High Premium, How To Trade It","isPartOf":{"@id":"https:\/\/wncen.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/wncen.com\/news\/bitcoin-high-premium-how-to-trade\/#primaryimage"},"image":{"@id":"https:\/\/wncen.com\/news\/bitcoin-high-premium-how-to-trade\/#primaryimage"},"thumbnailUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2023\/10\/Bitcoin-premium-Small.jpeg?fit=320%2C188","datePublished":"2023-10-26T16:00:58+00:00","dateModified":"2024-06-11T07:06:00+00:00","description":"Bitcoin is facing resistance at its yearly high of the $35,000 mark amidst a few days of eventful price action rght now.","breadcrumb":{"@id":"https:\/\/wncen.com\/news\/bitcoin-high-premium-how-to-trade\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/wncen.com\/news\/bitcoin-high-premium-how-to-trade\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/wncen.com\/news\/bitcoin-high-premium-how-to-trade\/#primaryimage","url":"https:\/\/wncen.com\/wp-content\/uploads\/2023\/10\/Bitcoin-premium-Small.jpeg?fit=320%2C188","contentUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2023\/10\/Bitcoin-premium-Small.jpeg?fit=320%2C188","width":320,"height":188,"caption":"Bitcoin premium"},{"@type":"BreadcrumbList","@id":"https:\/\/wncen.com\/news\/bitcoin-high-premium-how-to-trade\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/wncen.com\/"},{"@type":"ListItem","position":2,"name":"Crypto Analyst Says Bitcoin Is At A High Premium, How To Trade It"}]},{"@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\/b728e21249a8147d980445b0ee98f18d","name":"Scott Matherson","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/wncen.com\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/3d21ae3d2529ce2df4466b61ea80b449?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/3d21ae3d2529ce2df4466b61ea80b449?s=96&d=mm&r=g","caption":"Scott Matherson"},"description":"Scott Matherson is a prominent crypto writer at NewsBTC with a knack for capturing the pulse of the market, covering pivotal shifts, technological advancements, and regulatory changes with precision. Having witnessed the evolving landscape of the crypto world firsthand, Scott is able to dissect complex crypto topics and present them in an accessible and engaging manner. Scott's dedication to clarity and accuracy has made him an indispensable asset, helping to demystify the complex world of cryptocurrency for countless readers. Scott\u2019s experience spans a number of industries outside of crypto including banking and investment. He has brought his vast experience from these industries into crypto, which allows him to understand even the most complex topics and break them down in a way that is easy for readers from all works of life to understand. Scott\u2019s pieces have helped to break down cryptocurrency processes and how they work, as well as the underlying groundbreaking technology that makes them so important to everyday life. With years of experience in the crypto market, Scott began to focus on his true passion: writing. During this time, Scott has been able to author countless influential pieces that have drawn in millions of readers and have shaped public opinion across various important topics. His repertoire spans hundreds of articles on various sectors in the crypto industry, including decentralized finance (DeFi), decentralized exchanges (DEXes), Staking, Liquid Staking, emerging technologies, and non-fungible tokens (NFTs), among others. Scott\u2019s influence is not just limited to the countless discussions that his publications have sparked but also as a consultant for major projects in the space. He has consulted on issues ranging from crypto regulations to new technology deployment. Scott\u2019s expertise also spans community building and contributes to a number of causes to further the development of the crypto industry. Scott is an advocate for sustainable practices within the crypto industry and has championed discussions around green blockchain solutions. His ability to keep in line with market trends has made his work a favorite among crypto investors. In his personal life, Scott is an avid traveler and his exposure to the world and various way of life has helped him to understand how important technologies like the blockchain and cryptocurrencies are. This has been key in his understanding of its global impact, as well as his ability to connect socio-economic developments to technological trends around the globe like no one else. Scott is known for his work in community education to help people understand crypto technology and how its existence impacts their lives. He is a well-respected figure in his community, known for his work in helping to enlighten and inspire the next generation as they channel their energies into pressing issues. His work is a testament to his dedication and commitment to education and innovation, as well as the promotion of ethical practices in the rapidly developing world of cryptocurrencies. Scott stands steady in the frontlines of the crypto revolution and is committed to helping to shape a future that promotes the development of technology in an ethical manner that translates to the benefit of all in the society.","sameAs":["https:\/\/x.com\/https:\/\/twitter.com\/MathersonScott"],"url":"https:\/\/wncen.com\/author\/mathersonscott1\/"}]}},"parsely":{"version":"1.1.0","meta":{"@context":"https:\/\/schema.org","@type":"NewsArticle","headline":"Crypto Analyst Says Bitcoin Is At A High Premium, How To Trade It","url":"http:\/\/wncen.com\/news\/bitcoin-high-premium-how-to-trade\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/wncen.com\/news\/bitcoin-high-premium-how-to-trade\/"},"thumbnailUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2023\/10\/Bitcoin-premium-Small.jpeg?resize=200%2C188","image":{"@type":"ImageObject","url":"https:\/\/wncen.com\/wp-content\/uploads\/2023\/10\/Bitcoin-premium-Small.jpeg?fit=320%2C188"},"articleSection":"Cryptocurrency Market News","author":[{"@type":"Person","name":"Scott Matherson"}],"creator":["Scott Matherson"],"publisher":{"@type":"Organization","name":"NewsBTC","logo":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/cropped-cropped-cropped-favicon.png?w=32"},"keywords":["analyst","bitcoin","bitcoin news","bitcoin price","btc","btc news","btcusd","btcusdt","crypto","crypto analyst","crypto news"],"dateCreated":"2023-10-26T16:00:58Z","datePublished":"2023-10-26T16:00:58Z","dateModified":"2024-06-11T07:06:00Z"},"rendered":"<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"NewsArticle\",\"headline\":\"Crypto Analyst Says Bitcoin Is At A High Premium, How To Trade It\",\"url\":\"http:\\\/\\\/wncen.com\\\/news\\\/bitcoin-high-premium-how-to-trade\\\/\",\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/wncen.com\\\/news\\\/bitcoin-high-premium-how-to-trade\\\/\"},\"thumbnailUrl\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2023\\\/10\\\/Bitcoin-premium-Small.jpeg?resize=200%2C188\",\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2023\\\/10\\\/Bitcoin-premium-Small.jpeg?fit=320%2C188\"},\"articleSection\":\"Cryptocurrency Market News\",\"author\":[{\"@type\":\"Person\",\"name\":\"Scott Matherson\"}],\"creator\":[\"Scott Matherson\"],\"publisher\":{\"@type\":\"Organization\",\"name\":\"NewsBTC\",\"logo\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2020\\\/06\\\/cropped-cropped-cropped-favicon.png?w=32\"},\"keywords\":[\"analyst\",\"bitcoin\",\"bitcoin news\",\"bitcoin price\",\"btc\",\"btc news\",\"btcusd\",\"btcusdt\",\"crypto\",\"crypto analyst\",\"crypto news\"],\"dateCreated\":\"2023-10-26T16:00:58Z\",\"datePublished\":\"2023-10-26T16:00:58Z\",\"dateModified\":\"2024-06-11T07:06:00Z\"}<\/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\/2023\/10\/Bitcoin-premium-Small.jpeg?fit=320%2C188","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts\/557644","targetHints":{"allow":["GET"]}}],"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\/594"}],"replies":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/comments?post=557644"}],"version-history":[{"count":0,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts\/557644\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/media\/557656"}],"wp:attachment":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/media?parent=557644"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/categories?post=557644"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/tags?post=557644"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}