{"id":655144,"date":"2024-11-27T16:00:30","date_gmt":"2024-11-27T16:00:30","guid":{"rendered":"https:\/\/wncen.com\/?p=655144"},"modified":"2024-11-27T11:00:55","modified_gmt":"2024-11-27T11:00:55","slug":"bitcoin-price-is-mirroring-2023","status":"publish","type":"post","link":"https:\/\/wncen.com\/news\/bitcoin\/bitcoin-price-is-mirroring-2023\/","title":{"rendered":"Bitcoin Price Is Mirroring The Same Movements From 2023, Here’s What It Means"},"content":{"rendered":"

Crypto analyst <\/span>Trader Tardigrade<\/span><\/a> has drawn the community\u2019s attention to the fact that the Bitcoin price is mirroring 2023 movements. The analyst further provided insights into what this means for the flagship crypto.\u00a0<\/span><\/p>\n

Bitcoin Price Mirroring 2023 Movements<\/h2>\n

In an X post, Trader Tardigrade said that the Bitcoin price stays on track with the 2023 moves. He further remarked that the flagship crypto has just completed <\/span>the pullback<\/span><\/a>. With the pullback complete, the crypto analyst asserted there will be a surge above 100,000, followed by a consolidation around that level.\u00a0<\/span><\/p>\n

 <\/p>\n

\"Bitcoin
Source: X<\/figcaption><\/figure>\n

Interestingly, Trader Tardigrade also predicted that the Bitcoin price would reach $200,000 in early 2025. The analyst\u2019s accompanying chart showed that this price rally to this target will happen by March 2025.\u00a0<\/span><\/p>\n

This parabolic rally to $200,000 is expected to mirror a similar rally that BTC enjoyed from early December that year as it rose to the previous <\/span>all-time high (ATH)<\/span><\/a> of $73,000 in March earlier this year. Meanwhile, it is worth mentioning that Trader Tardigrade isn\u2019t the only one who has predicted that the Bitcoin price can reach this level in this market cycle.\u00a0<\/span><\/p>\n

Bernstein analysts<\/span><\/a> also previously predicted that the BTC price would reach $200,000 by year-end 2025, although they claimed that was a \u2018conservative\u2019 target. Geoffrey Kendrick, Standard Chartered\u2019s Head of Research, also predicted that Bitcoin could reach this price target and gave a similar timeline as Bernstein analysts.\u00a0<\/span><\/p>\n

However, crypto analyst Tony Severino is skeptical that the Bitcoin price could reach $200,000 in this bull cycle. Instead, he has made a more conservative prediction, stating that the flagship crypto would likely peak somewhere in the <\/span>$160,000 range<\/span><\/a>. The analyst noted this was a more feasible target, considering that the golden ratio is in this range.\u00a0<\/span><\/p>\n

BTC Is \u201cFar Away\u201d From A Market Top<\/h2>\n

In an X post, crypto analyst <\/span>Ali Martinez<\/span><\/a> asserted that the BTC price is still \u201cfar away\u201d from a market top. He made this statement while highlighting the market value to realized value (MVRV) indicator, which shows whether the asset is overvalued or undervalued. The chart showed that Bitcoin has yet to reach its true value.\u00a0<\/span><\/p>\n

Related Reading: Bitcoin Price Crash Not Over? Why A Decline To $89,000 Is Possible<\/a><\/div>\n
\"Bitcoin
Source: X<\/figcaption><\/figure>\n

The Bitcoin price is currently facing a significant price correction, having been pumping nonstop since <\/span>Donald Trump\u2019s victory<\/span><\/a>. However, Martinez suggested this might be a great time to buy this dip. According to him, the TD Sequential presents a buy signal on the Bitcoin hourly chart, while a bullish divergence forms against the Relative Strength Index (RSI). He added that this could help Bitcoin rebound to between $95,000 and $96,000.\u00a0<\/span><\/p>\n

\"Bitcoin
Source: X<\/figcaption><\/figure>\n

At the time of writing, the Bitcoin price is trading at around $93,400, down in the last 24 hours, according to <\/span>data<\/span><\/a> from CoinMarketCap.\u00a0<\/span><\/p>\n

\"Bitcoin
BTC price edging for a new peak | Source: BTCUSD on Tradingview.com<\/a><\/figcaption><\/figure>\n
Featured image created with Dall.E, chart from Tradingview.com<\/div>\n","protected":false},"excerpt":{"rendered":"

Crypto analyst Trader Tardigrade has drawn the community\u2019s attention to the fact that the Bitcoin price is mirroring 2023 movements. The analyst further provided insights into what this means for the flagship crypto.\u00a0 Bitcoin Price Mirroring 2023 Movements In an X post, Trader Tardigrade said that the Bitcoin price stays on track with the 2023 moves. He further remarked that the flagship crypto has just completed the pullback. With the pullback complete, the crypto analyst asserted there will be a surge above 100,000, followed by a consolidation around that level.\u00a0   Interestingly, Trader Tardigrade also predicted that the Bitcoin price would reach $200,000 in early 2025. The analyst\u2019s accompanying chart showed that this price rally to this target will happen by March 2025.\u00a0 This parabolic rally to $200,000 is expected to mirror a similar rally that BTC enjoyed from early December that year as it rose to the previous all-time high (ATH) of $73,000 in March earlier this year. Meanwhile, it is worth mentioning that Trader Tardigrade isn\u2019t the only one who has predicted that the Bitcoin price can reach this level in this market cycle.\u00a0 Bernstein analysts also previously predicted that the BTC price would reach $200,000 by year-end 2025, although they claimed that was a \u2018conservative\u2019 target. Geoffrey Kendrick, Standard Chartered\u2019s Head of Research, also predicted that Bitcoin could reach this price target and gave a similar timeline as Bernstein analysts.\u00a0 However, crypto analyst Tony Severino is skeptical that the Bitcoin price could reach $200,000 in this bull cycle. Instead, he has made a more conservative prediction, stating that the flagship crypto would likely peak somewhere in the $160,000 range. The analyst noted this was a more feasible target, considering that the golden ratio is in this range.\u00a0 BTC Is \u201cFar Away\u201d From A Market Top In an X post, crypto analyst Ali Martinez asserted that the BTC price is still \u201cfar away\u201d from a market top. He made this statement while highlighting the market value to realized value (MVRV) indicator, which shows whether the asset is overvalued or undervalued. The chart showed that Bitcoin has yet to reach its true value.\u00a0 Related Reading: Bitcoin Price Crash Not Over? Why A Decline To $89,000 Is Possible The Bitcoin price is currently facing a significant price correction, having been pumping nonstop since Donald Trump\u2019s victory. However, Martinez suggested this might be a great time to buy this dip. According to him, the TD Sequential presents a buy signal on the Bitcoin hourly chart, while a bullish divergence forms against the Relative Strength Index (RSI). He added that this could help Bitcoin rebound to between $95,000 and $96,000.\u00a0 At the time of writing, the Bitcoin price is trading at around $93,400, down in the last 24 hours, according to data from CoinMarketCap.\u00a0 Featured image created with Dall.E, chart from Tradingview.com<\/p>\n","protected":false},"author":594,"featured_media":651564,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[5651],"tags":[167,428,656,679,1119,89185,1122,1144,78790,6664,26263,14690],"class_list":["post-655144","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bitcoin","tag-analyst","tag-bitcoin","tag-bitcoin-news","tag-bitcoin-price","tag-btc","tag-btc-news","tag-btc-price","tag-btcusd","tag-btcusdt","tag-crypto","tag-crypto-analyst","tag-crypto-news"],"acf":[],"yoast_head":"\nBitcoin Price Is Mirroring The Same Movements From 2023, Here's What It Means<\/title>\n<meta name=\"description\" content=\"Crypto analyst Trader Tardigrade has drawn the community\u2019s attention to the fact that the Bitcoin price is mirroring 2023 movements.\" \/>\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\/bitcoin-price-is-mirroring-2023\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Bitcoin Price Is Mirroring The Same Movements From 2023, Here's What It Means\" \/>\n<meta property=\"og:description\" content=\"Crypto analyst Trader Tardigrade has drawn the community\u2019s attention to the fact that the Bitcoin price is mirroring 2023 movements.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/wncen.com\/news\/bitcoin\/bitcoin-price-is-mirroring-2023\/\" \/>\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=\"2024-11-27T16:00:30+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-11-27T11:00:55+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/wncen.com\/wp-content\/uploads\/2024\/11\/DALL\u00b7E-2024-11-04-16.06.12-A-digital-illustration-depicting-an-analysts-prediction-of-a-Bitcoin-bull-run-with-MVRV-metrics-hinting-at-a-target-range-of-95K-to-120K.-The-image.jpg?fit=1024%2C1024\" \/>\n\t<meta property=\"og:image:width\" content=\"1024\" \/>\n\t<meta property=\"og:image:height\" content=\"1024\" \/>\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\/bitcoin-price-is-mirroring-2023\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/wncen.com\/news\/bitcoin\/bitcoin-price-is-mirroring-2023\/\"},\"author\":{\"name\":\"Scott Matherson\",\"@id\":\"https:\/\/wncen.com\/#\/schema\/person\/b728e21249a8147d980445b0ee98f18d\"},\"headline\":\"Bitcoin Price Is Mirroring The Same Movements From 2023, Here’s What It Means\",\"datePublished\":\"2024-11-27T16:00:30+00:00\",\"dateModified\":\"2024-11-27T11:00:55+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/wncen.com\/news\/bitcoin\/bitcoin-price-is-mirroring-2023\/\"},\"wordCount\":517,\"publisher\":{\"@id\":\"https:\/\/wncen.com\/#organization\"},\"image\":{\"@id\":\"https:\/\/wncen.com\/news\/bitcoin\/bitcoin-price-is-mirroring-2023\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/wncen.com\/wp-content\/uploads\/2024\/11\/DALL\u00b7E-2024-11-04-16.06.12-A-digital-illustration-depicting-an-analysts-prediction-of-a-Bitcoin-bull-run-with-MVRV-metrics-hinting-at-a-target-range-of-95K-to-120K.-The-image.jpg?fit=1024%2C1024\",\"keywords\":[\"analyst\",\"bitcoin\",\"Bitcoin news\",\"bitcoin price\",\"btc\",\"BTC news\",\"btc price\",\"btcusd\",\"BTCUSDT\",\"crypto\",\"crypto analyst\",\"crypto news\"],\"articleSection\":[\"Bitcoin\"],\"inLanguage\":\"en-US\",\"copyrightYear\":\"2024\",\"copyrightHolder\":{\"@id\":\"https:\/\/wncen.com\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/wncen.com\/news\/bitcoin\/bitcoin-price-is-mirroring-2023\/\",\"url\":\"https:\/\/wncen.com\/news\/bitcoin\/bitcoin-price-is-mirroring-2023\/\",\"name\":\"Bitcoin Price Is Mirroring The Same Movements From 2023, Here's What It Means\",\"isPartOf\":{\"@id\":\"https:\/\/wncen.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/wncen.com\/news\/bitcoin\/bitcoin-price-is-mirroring-2023\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/wncen.com\/news\/bitcoin\/bitcoin-price-is-mirroring-2023\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/wncen.com\/wp-content\/uploads\/2024\/11\/DALL\u00b7E-2024-11-04-16.06.12-A-digital-illustration-depicting-an-analysts-prediction-of-a-Bitcoin-bull-run-with-MVRV-metrics-hinting-at-a-target-range-of-95K-to-120K.-The-image.jpg?fit=1024%2C1024\",\"datePublished\":\"2024-11-27T16:00:30+00:00\",\"dateModified\":\"2024-11-27T11:00:55+00:00\",\"description\":\"Crypto analyst Trader Tardigrade has drawn the community\u2019s attention to the fact that the Bitcoin price is mirroring 2023 movements.\",\"breadcrumb\":{\"@id\":\"https:\/\/wncen.com\/news\/bitcoin\/bitcoin-price-is-mirroring-2023\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/wncen.com\/news\/bitcoin\/bitcoin-price-is-mirroring-2023\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/wncen.com\/news\/bitcoin\/bitcoin-price-is-mirroring-2023\/#primaryimage\",\"url\":\"https:\/\/wncen.com\/wp-content\/uploads\/2024\/11\/DALL\u00b7E-2024-11-04-16.06.12-A-digital-illustration-depicting-an-analysts-prediction-of-a-Bitcoin-bull-run-with-MVRV-metrics-hinting-at-a-target-range-of-95K-to-120K.-The-image.jpg?fit=1024%2C1024\",\"contentUrl\":\"https:\/\/wncen.com\/wp-content\/uploads\/2024\/11\/DALL\u00b7E-2024-11-04-16.06.12-A-digital-illustration-depicting-an-analysts-prediction-of-a-Bitcoin-bull-run-with-MVRV-metrics-hinting-at-a-target-range-of-95K-to-120K.-The-image.jpg?fit=1024%2C1024\",\"width\":1024,\"height\":1024,\"caption\":\"Analyst Predicts Bitcoin Bull Run: MVRV Metric Hints at $95K to $120K Target\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/wncen.com\/news\/bitcoin\/bitcoin-price-is-mirroring-2023\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/wncen.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Bitcoin Price Is Mirroring The Same Movements From 2023, Here’s What It Means\"}]},{\"@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":"Bitcoin Price Is Mirroring The Same Movements From 2023, Here's What It Means","description":"Crypto analyst Trader Tardigrade has drawn the community\u2019s attention to the fact that the Bitcoin price is mirroring 2023 movements.","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\/bitcoin-price-is-mirroring-2023\/","og_locale":"en_US","og_type":"article","og_title":"Bitcoin Price Is Mirroring The Same Movements From 2023, Here's What It Means","og_description":"Crypto analyst Trader Tardigrade has drawn the community\u2019s attention to the fact that the Bitcoin price is mirroring 2023 movements.","og_url":"https:\/\/wncen.com\/news\/bitcoin\/bitcoin-price-is-mirroring-2023\/","og_site_name":"NewsBTC","article_publisher":"https:\/\/www.facebook.com\/newsbtc","article_published_time":"2024-11-27T16:00:30+00:00","article_modified_time":"2024-11-27T11:00:55+00:00","og_image":[{"width":1024,"height":1024,"url":"https:\/\/wncen.com\/wp-content\/uploads\/2024\/11\/DALL\u00b7E-2024-11-04-16.06.12-A-digital-illustration-depicting-an-analysts-prediction-of-a-Bitcoin-bull-run-with-MVRV-metrics-hinting-at-a-target-range-of-95K-to-120K.-The-image.jpg?fit=1024%2C1024","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\/bitcoin-price-is-mirroring-2023\/#article","isPartOf":{"@id":"https:\/\/wncen.com\/news\/bitcoin\/bitcoin-price-is-mirroring-2023\/"},"author":{"name":"Scott Matherson","@id":"https:\/\/wncen.com\/#\/schema\/person\/b728e21249a8147d980445b0ee98f18d"},"headline":"Bitcoin Price Is Mirroring The Same Movements From 2023, Here’s What It Means","datePublished":"2024-11-27T16:00:30+00:00","dateModified":"2024-11-27T11:00:55+00:00","mainEntityOfPage":{"@id":"https:\/\/wncen.com\/news\/bitcoin\/bitcoin-price-is-mirroring-2023\/"},"wordCount":517,"publisher":{"@id":"https:\/\/wncen.com\/#organization"},"image":{"@id":"https:\/\/wncen.com\/news\/bitcoin\/bitcoin-price-is-mirroring-2023\/#primaryimage"},"thumbnailUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2024\/11\/DALL\u00b7E-2024-11-04-16.06.12-A-digital-illustration-depicting-an-analysts-prediction-of-a-Bitcoin-bull-run-with-MVRV-metrics-hinting-at-a-target-range-of-95K-to-120K.-The-image.jpg?fit=1024%2C1024","keywords":["analyst","bitcoin","Bitcoin news","bitcoin price","btc","BTC news","btc price","btcusd","BTCUSDT","crypto","crypto analyst","crypto news"],"articleSection":["Bitcoin"],"inLanguage":"en-US","copyrightYear":"2024","copyrightHolder":{"@id":"https:\/\/wncen.com\/#organization"}},{"@type":"WebPage","@id":"https:\/\/wncen.com\/news\/bitcoin\/bitcoin-price-is-mirroring-2023\/","url":"https:\/\/wncen.com\/news\/bitcoin\/bitcoin-price-is-mirroring-2023\/","name":"Bitcoin Price Is Mirroring The Same Movements From 2023, Here's What It Means","isPartOf":{"@id":"https:\/\/wncen.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/wncen.com\/news\/bitcoin\/bitcoin-price-is-mirroring-2023\/#primaryimage"},"image":{"@id":"https:\/\/wncen.com\/news\/bitcoin\/bitcoin-price-is-mirroring-2023\/#primaryimage"},"thumbnailUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2024\/11\/DALL\u00b7E-2024-11-04-16.06.12-A-digital-illustration-depicting-an-analysts-prediction-of-a-Bitcoin-bull-run-with-MVRV-metrics-hinting-at-a-target-range-of-95K-to-120K.-The-image.jpg?fit=1024%2C1024","datePublished":"2024-11-27T16:00:30+00:00","dateModified":"2024-11-27T11:00:55+00:00","description":"Crypto analyst Trader Tardigrade has drawn the community\u2019s attention to the fact that the Bitcoin price is mirroring 2023 movements.","breadcrumb":{"@id":"https:\/\/wncen.com\/news\/bitcoin\/bitcoin-price-is-mirroring-2023\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/wncen.com\/news\/bitcoin\/bitcoin-price-is-mirroring-2023\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/wncen.com\/news\/bitcoin\/bitcoin-price-is-mirroring-2023\/#primaryimage","url":"https:\/\/wncen.com\/wp-content\/uploads\/2024\/11\/DALL\u00b7E-2024-11-04-16.06.12-A-digital-illustration-depicting-an-analysts-prediction-of-a-Bitcoin-bull-run-with-MVRV-metrics-hinting-at-a-target-range-of-95K-to-120K.-The-image.jpg?fit=1024%2C1024","contentUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2024\/11\/DALL\u00b7E-2024-11-04-16.06.12-A-digital-illustration-depicting-an-analysts-prediction-of-a-Bitcoin-bull-run-with-MVRV-metrics-hinting-at-a-target-range-of-95K-to-120K.-The-image.jpg?fit=1024%2C1024","width":1024,"height":1024,"caption":"Analyst Predicts Bitcoin Bull Run: MVRV Metric Hints at $95K to $120K Target"},{"@type":"BreadcrumbList","@id":"https:\/\/wncen.com\/news\/bitcoin\/bitcoin-price-is-mirroring-2023\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/wncen.com\/"},{"@type":"ListItem","position":2,"name":"Bitcoin Price Is Mirroring The Same Movements From 2023, Here’s What It Means"}]},{"@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":"Bitcoin Price Is Mirroring The Same Movements From 2023, Here’s What It Means","url":"http:\/\/wncen.com\/news\/bitcoin\/bitcoin-price-is-mirroring-2023\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/wncen.com\/news\/bitcoin\/bitcoin-price-is-mirroring-2023\/"},"thumbnailUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2024\/11\/DALL\u00b7E-2024-11-04-16.06.12-A-digital-illustration-depicting-an-analysts-prediction-of-a-Bitcoin-bull-run-with-MVRV-metrics-hinting-at-a-target-range-of-95K-to-120K.-The-image.jpg?resize=200%2C200","image":{"@type":"ImageObject","url":"https:\/\/wncen.com\/wp-content\/uploads\/2024\/11\/DALL\u00b7E-2024-11-04-16.06.12-A-digital-illustration-depicting-an-analysts-prediction-of-a-Bitcoin-bull-run-with-MVRV-metrics-hinting-at-a-target-range-of-95K-to-120K.-The-image.jpg?fit=1024%2C1024"},"articleSection":"Bitcoin","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","btc price","btcusd","btcusdt","crypto","crypto analyst","crypto news"],"dateCreated":"2024-11-27T16:00:30Z","datePublished":"2024-11-27T16:00:30Z","dateModified":"2024-11-27T16:00:30Z"},"rendered":"<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"NewsArticle\",\"headline\":\"Bitcoin Price Is Mirroring The Same Movements From 2023, Here’s What It Means\",\"url\":\"http:\\\/\\\/wncen.com\\\/news\\\/bitcoin\\\/bitcoin-price-is-mirroring-2023\\\/\",\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/wncen.com\\\/news\\\/bitcoin\\\/bitcoin-price-is-mirroring-2023\\\/\"},\"thumbnailUrl\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2024\\\/11\\\/DALL\\u00b7E-2024-11-04-16.06.12-A-digital-illustration-depicting-an-analysts-prediction-of-a-Bitcoin-bull-run-with-MVRV-metrics-hinting-at-a-target-range-of-95K-to-120K.-The-image.jpg?resize=200%2C200\",\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2024\\\/11\\\/DALL\\u00b7E-2024-11-04-16.06.12-A-digital-illustration-depicting-an-analysts-prediction-of-a-Bitcoin-bull-run-with-MVRV-metrics-hinting-at-a-target-range-of-95K-to-120K.-The-image.jpg?fit=1024%2C1024\"},\"articleSection\":\"Bitcoin\",\"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\",\"btc price\",\"btcusd\",\"btcusdt\",\"crypto\",\"crypto analyst\",\"crypto news\"],\"dateCreated\":\"2024-11-27T16:00:30Z\",\"datePublished\":\"2024-11-27T16:00:30Z\",\"dateModified\":\"2024-11-27T16:00:30Z\"}<\/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\/2024\/11\/DALL\u00b7E-2024-11-04-16.06.12-A-digital-illustration-depicting-an-analysts-prediction-of-a-Bitcoin-bull-run-with-MVRV-metrics-hinting-at-a-target-range-of-95K-to-120K.-The-image.jpg?fit=1024%2C1024","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts\/655144","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=655144"}],"version-history":[{"count":1,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts\/655144\/revisions"}],"predecessor-version":[{"id":655159,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts\/655144\/revisions\/655159"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/media\/651564"}],"wp:attachment":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/media?parent=655144"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/categories?post=655144"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/tags?post=655144"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}