{"id":545863,"date":"2023-08-05T08:46:27","date_gmt":"2023-08-05T08:46:27","guid":{"rendered":"https:\/\/wncen.com\/?p=545863"},"modified":"2024-06-11T08:05:40","modified_gmt":"2024-06-11T08:05:40","slug":"factors-could-lead-to-bitcoin-rally","status":"publish","type":"post","link":"https:\/\/wncen.com\/news\/factors-could-lead-to-bitcoin-rally\/","title":{"rendered":"These Are The Factors That Could Lead To Another Bitcoin Rally: ARK Invest"},"content":{"rendered":"

In a <\/span>report<\/span><\/a> released on August 4, ARK Invest\u2019s on-chain researcher David Puell reveals factors that could lead to another Bitcoin rally. The report, titled \u201cThe Bitcoin Monthly: July 2023,\u201d provides an in-depth analysis and distinguishes between Bitcoin\u2019s current situation and what the future holds for the largest cryptocurrency by market cap.<\/span><\/p>\n

Some Positives For Bitcoin<\/h2>\n

Puell highlights how Bitcoin\u2019s tepid 90-day volatility shares similarities with 2017 levels. According to the report, this prolonged low volatility usually represents the \u2018calm before the storm,\u2019 with Puell speculating that a significant price movement will likely happen soon. However, whether it will be a breakout or a breakdown remains uncertain.\u00a0<\/span><\/p>\n

Related Reading: Bank Of Canada Study Shows Crypto Ownership In The Country Fell In The Last 2 Years<\/a><\/div>\n

There is cause for optimism, though, as the decrease in hash rate on the blockchain<\/a> provides an optimistic signal. The decrease could signify oversold conditions – whereby Bitcoin is currently trading below its actual worth, and considering that it has traded at an undervalued price for a long while now, we could see an upward trend, which would signify a price reversal.\u00a0<\/span><\/p>\n

Additionally, there has been an increase in \u201cliveliness\u201d as selling pressure has reduced and more holders are choosing to \u2018HODL.\u2019 The report states that liveliness fell below 60% in July, the lowest selling pressure since Q4 of 2020.\u00a0<\/span><\/p>\n

The short-term holders\u2019 profit\/loss ratio also coincides with historical trend reversals, signifying that a breakout is more likely to occur.\u00a0<\/span><\/p>\n

The report states:<\/span><\/p>\n

This breakeven level correlates both with local bottoms during primary bull markets and with local tops during bear market environments.<\/span><\/p><\/blockquote>\n

Meanwhile, the Federal Reserve\u2019s<\/a> continued hike rate has been known to be a macro factor on Bitcoin and the crypto market. Puell believes that the Fed\u2019s actions could significantly impact Bitcoin\u2019s performance and the economy as a whole. A potential slowdown in CPI (consumer product index) inflation could see a surge in Bitcoin\u2019s appeal as a non-inflammatory asset.<\/span><\/p>\n

\"Bitcoin<\/p>\n

BTC struggles to hold $29,000 support | Source: BTCUSD on Tradingview.com<\/a><\/pre>\n
Binance Could Have A Domino Effect On BTC<\/h2>\n
The United States Securities and Exchange Commission (BTC) filed a lawsuit against Binance<\/a> for trading unregistered securities, amongst other allegations. This ongoing legal tussle could affect Bitcoin\u2019s performance and the crypto market.\u00a0<\/span><\/p>\n
According to the report, Binance\u2019s BNB token ensures stability in the crypto market by providing significant liquidity for other cryptocurrencies, including Bitcoin. If sentiments begin to tilt in favor of the SEC and DOJ, it could trigger a \u201cbank run<\/a>,\u201d which would see BNB\u2019s price plummet, causing a domino effect on the crypto market.\u00a0<\/span><\/p>\n
Related Reading: Crypto Trading Volumes Fall To Lowest Level In 2023 Amid Bear Market Woes<\/a><\/div>\n
While historical trends signify a bullish trajectory for Bitcoin\u2019s price, the token might be marred by macroeconomic forces and regulatory concerns. It is believed that Bitcoin breaching the resistance level at $29,450 could shape its future outlook. <\/span><\/p>\n
As Bitcoin continues to witness a downward trajectory, that resistance level might be the key to a sustained breakout or further consolidation.\u00a0<\/span><\/p>\n
Featured image from iStock, chart from Tradingview.com<\/div>\n","protected":false},"excerpt":{"rendered":"
In a report released on August 4, ARK Invest\u2019s on-chain researcher David Puell reveals factors that could lead to another Bitcoin rally. The report, titled \u201cThe Bitcoin Monthly: July 2023,\u201d provides an in-depth analysis and distinguishes between Bitcoin\u2019s current situation and what the future holds for the largest cryptocurrency by market cap. Some Positives For Bitcoin Puell highlights how Bitcoin\u2019s tepid 90-day volatility shares similarities with 2017 levels. According to the report, this prolonged low volatility usually represents the \u2018calm before the storm,\u2019 with Puell speculating that a significant price movement will likely happen soon. However, whether it will be a breakout or a breakdown remains uncertain.\u00a0 Related Reading: Bank Of Canada Study Shows Crypto Ownership In The Country Fell In The Last 2 Years There is cause for optimism, though, as the decrease in hash rate on the blockchain provides an optimistic signal. The decrease could signify oversold conditions – whereby Bitcoin is currently trading below its actual worth, and considering that it has traded at an undervalued price for a long while now, we could see an upward trend, which would signify a price reversal.\u00a0 Additionally, there has been an increase in \u201cliveliness\u201d as selling pressure has reduced and more holders are choosing to \u2018HODL.\u2019 The report states that liveliness fell below 60% in July, the lowest selling pressure since Q4 of 2020.\u00a0 The short-term holders\u2019 profit\/loss ratio also coincides with historical trend reversals, signifying that a breakout is more likely to occur.\u00a0 The report states: This breakeven level correlates both with local bottoms during primary bull markets and with local tops during bear market environments. Meanwhile, the Federal Reserve\u2019s continued hike rate has been known to be a macro factor on Bitcoin and the crypto market. Puell believes that the Fed\u2019s actions could significantly impact Bitcoin\u2019s performance and the economy as a whole. A potential slowdown in CPI (consumer product index) inflation could see a surge in Bitcoin\u2019s appeal as a non-inflammatory asset. BTC struggles to hold $29,000 support | Source: BTCUSD on Tradingview.com Binance Could Have A Domino Effect On BTC The United States Securities and Exchange Commission (BTC) filed a lawsuit against Binance for trading unregistered securities, amongst other allegations. This ongoing legal tussle could affect Bitcoin\u2019s performance and the crypto market.\u00a0 According to the report, Binance\u2019s BNB token ensures stability in the crypto market by providing significant liquidity for other cryptocurrencies, including Bitcoin. If sentiments begin to tilt in favor of the SEC and DOJ, it could trigger a \u201cbank run,\u201d which would see BNB\u2019s price plummet, causing a domino effect on the crypto market.\u00a0 Related Reading: Crypto Trading Volumes Fall To Lowest Level In 2023 Amid Bear Market Woes While historical trends signify a bullish trajectory for Bitcoin\u2019s price, the token might be marred by macroeconomic forces and regulatory concerns. It is believed that Bitcoin breaching the resistance level at $29,450 could shape its future outlook. As Bitcoin continues to witness a downward trajectory, that resistance level might be the key to a sustained breakout or further consolidation.\u00a0 Featured image from iStock, chart from Tradingview.com<\/p>\n","protected":false},"author":594,"featured_media":545867,"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":[8861,428,679,1119,89040,1144,78790],"class_list":["post-545863","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-ark-invest","tag-bitcoin","tag-bitcoin-price","tag-btc","tag-btc-reversal","tag-btcusd","tag-btcusdt"],"acf":[],"yoast_head":"\nThese Are The Factors That Could Lead To Another Bitcoin Rally: ARK Invest<\/title>\n<meta name=\"description\" content=\"In a report released on August 4, ARK Invest\u2019s on-chain researcher David Puell reveals factors that could lead to another Bitcoin rally. The report,\" \/>\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\/factors-could-lead-to-bitcoin-rally\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"These Are The Factors That Could Lead To Another Bitcoin Rally: ARK Invest\" \/>\n<meta property=\"og:description\" content=\"In a report released on August 4, ARK Invest\u2019s on-chain researcher David Puell reveals factors that could lead to another Bitcoin rally. The report,\" \/>\n<meta property=\"og:url\" content=\"https:\/\/wncen.com\/news\/factors-could-lead-to-bitcoin-rally\/\" \/>\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=\"2023-08-05T08:46:27+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-06-11T08:05:40+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/wncen.com\/wp-content\/uploads\/2023\/08\/iStock-877508718.jpg?fit=1254%2C836\" \/>\n\t<meta property=\"og:image:width\" content=\"1254\" \/>\n\t<meta property=\"og:image:height\" content=\"836\" \/>\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=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"NewsArticle\",\"@id\":\"https:\/\/wncen.com\/news\/factors-could-lead-to-bitcoin-rally\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/wncen.com\/news\/factors-could-lead-to-bitcoin-rally\/\"},\"author\":{\"name\":\"Scott Matherson\",\"@id\":\"https:\/\/wncen.com\/#\/schema\/person\/b728e21249a8147d980445b0ee98f18d\"},\"headline\":\"These Are The Factors That Could Lead To Another Bitcoin Rally: ARK Invest\",\"datePublished\":\"2023-08-05T08:46:27+00:00\",\"dateModified\":\"2024-06-11T08:05:40+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/wncen.com\/news\/factors-could-lead-to-bitcoin-rally\/\"},\"wordCount\":519,\"publisher\":{\"@id\":\"https:\/\/wncen.com\/#organization\"},\"image\":{\"@id\":\"https:\/\/wncen.com\/news\/factors-could-lead-to-bitcoin-rally\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/wncen.com\/wp-content\/uploads\/2023\/08\/iStock-877508718.jpg?fit=1254%2C836\",\"keywords\":[\"ark invest\",\"bitcoin\",\"bitcoin price\",\"btc\",\"BTC Reversal\",\"btcusd\",\"BTCUSDT\"],\"articleSection\":[\"Cryptocurrency Market News\"],\"inLanguage\":\"en-US\",\"copyrightYear\":\"2023\",\"copyrightHolder\":{\"@id\":\"https:\/\/wncen.com\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/wncen.com\/news\/factors-could-lead-to-bitcoin-rally\/\",\"url\":\"https:\/\/wncen.com\/news\/factors-could-lead-to-bitcoin-rally\/\",\"name\":\"These Are The Factors That Could Lead To Another Bitcoin Rally: ARK Invest\",\"isPartOf\":{\"@id\":\"https:\/\/wncen.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/wncen.com\/news\/factors-could-lead-to-bitcoin-rally\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/wncen.com\/news\/factors-could-lead-to-bitcoin-rally\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/wncen.com\/wp-content\/uploads\/2023\/08\/iStock-877508718.jpg?fit=1254%2C836\",\"datePublished\":\"2023-08-05T08:46:27+00:00\",\"dateModified\":\"2024-06-11T08:05:40+00:00\",\"description\":\"In a report released on August 4, ARK Invest\u2019s on-chain researcher David Puell reveals factors that could lead to another Bitcoin rally. The report,\",\"breadcrumb\":{\"@id\":\"https:\/\/wncen.com\/news\/factors-could-lead-to-bitcoin-rally\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/wncen.com\/news\/factors-could-lead-to-bitcoin-rally\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/wncen.com\/news\/factors-could-lead-to-bitcoin-rally\/#primaryimage\",\"url\":\"https:\/\/wncen.com\/wp-content\/uploads\/2023\/08\/iStock-877508718.jpg?fit=1254%2C836\",\"contentUrl\":\"https:\/\/wncen.com\/wp-content\/uploads\/2023\/08\/iStock-877508718.jpg?fit=1254%2C836\",\"width\":1254,\"height\":836,\"caption\":\"Kiev, Ukraine - September 22, 2017: Studio shot of Golden Bitcoins Coins and dollar bills. The Bitcoin was invented by Satoshi Nakamoto in 2008 as a digital form of money\\\"nThis is a close up photo of several gold plated bitcoins together symbolizing the bit coin market, modern technology, finance, internet, trading, etc. \\\"nBitcoin introduced in 2009 cross-national payment system in the form of virtual money, to be used in the cryptographic techniques (cryptocurrency).\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/wncen.com\/news\/factors-could-lead-to-bitcoin-rally\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/wncen.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"These Are The Factors That Could Lead To Another Bitcoin Rally: ARK Invest\"}]},{\"@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":"These Are The Factors That Could Lead To Another Bitcoin Rally: ARK Invest","description":"In a report released on August 4, ARK Invest\u2019s on-chain researcher David Puell reveals factors that could lead to another Bitcoin rally. The report,","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\/factors-could-lead-to-bitcoin-rally\/","og_locale":"en_US","og_type":"article","og_title":"These Are The Factors That Could Lead To Another Bitcoin Rally: ARK Invest","og_description":"In a report released on August 4, ARK Invest\u2019s on-chain researcher David Puell reveals factors that could lead to another Bitcoin rally. The report,","og_url":"https:\/\/wncen.com\/news\/factors-could-lead-to-bitcoin-rally\/","og_site_name":"NewsBTC","article_publisher":"https:\/\/www.facebook.com\/newsbtc","article_published_time":"2023-08-05T08:46:27+00:00","article_modified_time":"2024-06-11T08:05:40+00:00","og_image":[{"width":1254,"height":836,"url":"https:\/\/wncen.com\/wp-content\/uploads\/2023\/08\/iStock-877508718.jpg?fit=1254%2C836","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":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"NewsArticle","@id":"https:\/\/wncen.com\/news\/factors-could-lead-to-bitcoin-rally\/#article","isPartOf":{"@id":"https:\/\/wncen.com\/news\/factors-could-lead-to-bitcoin-rally\/"},"author":{"name":"Scott Matherson","@id":"https:\/\/wncen.com\/#\/schema\/person\/b728e21249a8147d980445b0ee98f18d"},"headline":"These Are The Factors That Could Lead To Another Bitcoin Rally: ARK Invest","datePublished":"2023-08-05T08:46:27+00:00","dateModified":"2024-06-11T08:05:40+00:00","mainEntityOfPage":{"@id":"https:\/\/wncen.com\/news\/factors-could-lead-to-bitcoin-rally\/"},"wordCount":519,"publisher":{"@id":"https:\/\/wncen.com\/#organization"},"image":{"@id":"https:\/\/wncen.com\/news\/factors-could-lead-to-bitcoin-rally\/#primaryimage"},"thumbnailUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2023\/08\/iStock-877508718.jpg?fit=1254%2C836","keywords":["ark invest","bitcoin","bitcoin price","btc","BTC Reversal","btcusd","BTCUSDT"],"articleSection":["Cryptocurrency Market News"],"inLanguage":"en-US","copyrightYear":"2023","copyrightHolder":{"@id":"https:\/\/wncen.com\/#organization"}},{"@type":"WebPage","@id":"https:\/\/wncen.com\/news\/factors-could-lead-to-bitcoin-rally\/","url":"https:\/\/wncen.com\/news\/factors-could-lead-to-bitcoin-rally\/","name":"These Are The Factors That Could Lead To Another Bitcoin Rally: ARK Invest","isPartOf":{"@id":"https:\/\/wncen.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/wncen.com\/news\/factors-could-lead-to-bitcoin-rally\/#primaryimage"},"image":{"@id":"https:\/\/wncen.com\/news\/factors-could-lead-to-bitcoin-rally\/#primaryimage"},"thumbnailUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2023\/08\/iStock-877508718.jpg?fit=1254%2C836","datePublished":"2023-08-05T08:46:27+00:00","dateModified":"2024-06-11T08:05:40+00:00","description":"In a report released on August 4, ARK Invest\u2019s on-chain researcher David Puell reveals factors that could lead to another Bitcoin rally. The report,","breadcrumb":{"@id":"https:\/\/wncen.com\/news\/factors-could-lead-to-bitcoin-rally\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/wncen.com\/news\/factors-could-lead-to-bitcoin-rally\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/wncen.com\/news\/factors-could-lead-to-bitcoin-rally\/#primaryimage","url":"https:\/\/wncen.com\/wp-content\/uploads\/2023\/08\/iStock-877508718.jpg?fit=1254%2C836","contentUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2023\/08\/iStock-877508718.jpg?fit=1254%2C836","width":1254,"height":836,"caption":"Kiev, Ukraine - September 22, 2017: Studio shot of Golden Bitcoins Coins and dollar bills. The Bitcoin was invented by Satoshi Nakamoto in 2008 as a digital form of money\"nThis is a close up photo of several gold plated bitcoins together symbolizing the bit coin market, modern technology, finance, internet, trading, etc. \"nBitcoin introduced in 2009 cross-national payment system in the form of virtual money, to be used in the cryptographic techniques (cryptocurrency)."},{"@type":"BreadcrumbList","@id":"https:\/\/wncen.com\/news\/factors-could-lead-to-bitcoin-rally\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/wncen.com\/"},{"@type":"ListItem","position":2,"name":"These Are The Factors That Could Lead To Another Bitcoin Rally: ARK Invest"}]},{"@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":"These Are The Factors That Could Lead To Another Bitcoin Rally: ARK Invest","url":"http:\/\/wncen.com\/news\/factors-could-lead-to-bitcoin-rally\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/wncen.com\/news\/factors-could-lead-to-bitcoin-rally\/"},"thumbnailUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2023\/08\/iStock-877508718.jpg?resize=200%2C200","image":{"@type":"ImageObject","url":"https:\/\/wncen.com\/wp-content\/uploads\/2023\/08\/iStock-877508718.jpg?fit=1254%2C836"},"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":["ark invest","bitcoin","bitcoin price","btc","btc reversal","btcusd","btcusdt"],"dateCreated":"2023-08-05T08:46:27Z","datePublished":"2023-08-05T08:46:27Z","dateModified":"2024-06-11T08:05:40Z"},"rendered":"<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"NewsArticle\",\"headline\":\"These Are The Factors That Could Lead To Another Bitcoin Rally: ARK Invest\",\"url\":\"http:\\\/\\\/wncen.com\\\/news\\\/factors-could-lead-to-bitcoin-rally\\\/\",\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/wncen.com\\\/news\\\/factors-could-lead-to-bitcoin-rally\\\/\"},\"thumbnailUrl\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2023\\\/08\\\/iStock-877508718.jpg?resize=200%2C200\",\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2023\\\/08\\\/iStock-877508718.jpg?fit=1254%2C836\"},\"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\":[\"ark invest\",\"bitcoin\",\"bitcoin price\",\"btc\",\"btc reversal\",\"btcusd\",\"btcusdt\"],\"dateCreated\":\"2023-08-05T08:46:27Z\",\"datePublished\":\"2023-08-05T08:46:27Z\",\"dateModified\":\"2024-06-11T08:05:40Z\"}<\/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\/08\/iStock-877508718.jpg?fit=1254%2C836","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts\/545863"}],"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=545863"}],"version-history":[{"count":0,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts\/545863\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/media\/545867"}],"wp:attachment":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/media?parent=545863"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/categories?post=545863"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/tags?post=545863"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}