{"id":612184,"date":"2024-06-10T08:30:22","date_gmt":"2024-06-10T08:30:22","guid":{"rendered":"https:\/\/wncen.com\/?p=612184"},"modified":"2024-07-10T13:38:51","modified_gmt":"2024-07-10T13:38:51","slug":"ready-to-strike-bitcoin-poised-for-a-big-move-after-major-consolidation","status":"publish","type":"post","link":"https:\/\/wncen.com\/news\/ready-to-strike-bitcoin-poised-for-a-big-move-after-major-consolidation\/","title":{"rendered":"Ready To Strike? Bitcoin Poised For A Big Move After Major Consolidation"},"content":{"rendered":"

If eminent analysts are to be taken at face value, Bitcoin (BTC) appears ready for a big breakthrough. Although analysts believe this slumbering monster may be poised to awaken with a vengeance, the most often used cryptocurrency in the world has been caught in a consolidation period for an amazing 87 days.<\/span>
\n<\/span><\/p>\n

Related Reading: Bitcoin Buoyed By Big Money: Whales Gobble More BTC, Signaling Bullish Outlook<\/a><\/div>\n

Charting A Course For Breakout<\/strong><\/h2>\n

Renowned crypto researcher Faibik has identified an explosive possible technical pattern on the daily Bitcoin chart. This trend, commonly referred to as a declining broadening wedge, points to a price squeeze occasionally before a noteworthy breakthrough.<\/span> Faibik says a surge above the critical $71,000 resistance level would be a strong positive indicator implying a likely reversal of the present downswing.
\n<\/span><\/p>\n

\n

$BTC<\/a> Descending Broadening Wedge formation still in Play on the Daily timeframe Chart..\ud83d\udcc8<\/p>\n

Once Bitcoin bulls clinch the 71.3k Crucial Resistance, the Party will start. \ud83d\udd25\ud83d\ude80<\/p>\n

Trust the Process..\u270d\ufe0f#Crypto<\/a> #Bitcoin<\/a> #BTC<\/a> pic.twitter.com\/gBas14jIDo<\/a><\/p>\n

\u2014 Captain Faibik (@CryptoFaibik) June 9, 2024<\/a><\/p><\/blockquote>\n

Explained Faibik in a previous post, the DBW on the BTC chart indicates that the price is becoming more tighter. Usually this results in a breakout in one direction or another, depending on the attitude of the current market.<\/span> A bullish breakout looks more plausible.
\n<\/span><\/p>\n

\"\"<\/p>\n

A Quick Bitcoin Price Overview<\/strong><\/h2>\n
\"\"
Source: FXStreet<\/a><\/figcaption><\/figure>\n

On June 4, bitcoin broke out from the symmetric triangle pattern by means of trend lines connecting the three lower highs and three higher lows. Still, the weekly resistance at the $71,280 mark turned back the breakthrough.<\/span>
\n<\/span><\/p>\n

BTC is now attracting support at the $68,500 mark, the top edge of the symmetrical triangle formation. If present support persists, Bitcoin can climb 7%<\/a> to reach its all-time high of $73,777.<\/p>\n

Will Bitcoin Emerge A Bullish Butterfly?<\/strong><\/h3>\n

Another well-known crypto analyst Mags approaches things slightly differently.<\/span> He sees the present phase of stabilisation as the longest Bitcoin has ever gone through, surpassing earlier times before notable price rise.
\n<\/span><\/p>\n

The expert suggests a possible change on horizon by likening this prolonged consolidation to a butterfly in its chrysalis.<\/span>
\n<\/span><\/p>\n

\"\"
BTCUSD trading at $69,344 today. Source: TradingView.com<\/a><\/figcaption><\/figure>\n

Historically, the analyst added, Bitcoin has shown a pattern of consolidation near all-time highs followed by a phase of price discovery before dramatic price swings. The current 87-day consolidation period breaks past records, suggesting a possible significant price movement off-course.<\/span>
\n<\/span><\/p>\n

Mags notes earlier events where comparable consolidation times preceded significant bull runs. For instance, Bitcoin consolidated for 48 days before a breakthrough in 2017; in 2020, the phase of consolidation lasted just 21 days before a notable price rise.<\/p>\n

Related Reading: Scalpers Rejoice! Top Analyst Predicts Chainlink (LINK) Short-Term Surge<\/a><\/div>\n

The $71.3k Resistance Level<\/strong><\/h3>\n

Faibik and Mags believe that a break from the present period of consolidation might impact Bitcoin fundamentally. They counsel investors to monitor the $71,300 barrier level closely since a jump past this point would indicate the beginning of a positive trend.<\/p>\n

Featured image from Buy Sites, chart from TradingView<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

If eminent analysts are to be taken at face value, Bitcoin (BTC) appears ready for a big breakthrough. Although analysts believe this slumbering monster may be poised to awaken with a vengeance, the most often used cryptocurrency in the world has been caught in a consolidation period for an amazing 87 days. Related Reading: Bitcoin Buoyed By Big Money: Whales Gobble More BTC, Signaling Bullish Outlook Charting A Course For Breakout Renowned crypto researcher Faibik has identified an explosive possible technical pattern on the daily Bitcoin chart. This trend, commonly referred to as a declining broadening wedge, points to a price squeeze occasionally before a noteworthy breakthrough. Faibik says a surge above the critical $71,000 resistance level would be a strong positive indicator implying a likely reversal of the present downswing. $BTC Descending Broadening Wedge formation still in Play on the Daily timeframe Chart..\ud83d\udcc8 Once Bitcoin bulls clinch the 71.3k Crucial Resistance, the Party will start. \ud83d\udd25\ud83d\ude80 Trust the Process..\u270d\ufe0f#Crypto #Bitcoin #BTC pic.twitter.com\/gBas14jIDo \u2014 Captain Faibik (@CryptoFaibik) June 9, 2024 Explained Faibik in a previous post, the DBW on the BTC chart indicates that the price is becoming more tighter. Usually this results in a breakout in one direction or another, depending on the attitude of the current market. A bullish breakout looks more plausible. A Quick Bitcoin Price Overview On June 4, bitcoin broke out from the symmetric triangle pattern by means of trend lines connecting the three lower highs and three higher lows. Still, the weekly resistance at the $71,280 mark turned back the breakthrough. BTC is now attracting support at the $68,500 mark, the top edge of the symmetrical triangle formation. If present support persists, Bitcoin can climb 7% to reach its all-time high of $73,777. Will Bitcoin Emerge A Bullish Butterfly? Another well-known crypto analyst Mags approaches things slightly differently. He sees the present phase of stabilisation as the longest Bitcoin has ever gone through, surpassing earlier times before notable price rise. The expert suggests a possible change on horizon by likening this prolonged consolidation to a butterfly in its chrysalis. Historically, the analyst added, Bitcoin has shown a pattern of consolidation near all-time highs followed by a phase of price discovery before dramatic price swings. The current 87-day consolidation period breaks past records, suggesting a possible significant price movement off-course. Mags notes earlier events where comparable consolidation times preceded significant bull runs. For instance, Bitcoin consolidated for 48 days before a breakthrough in 2017; in 2020, the phase of consolidation lasted just 21 days before a notable price rise. Related Reading: Scalpers Rejoice! Top Analyst Predicts Chainlink (LINK) Short-Term Surge The $71.3k Resistance Level Faibik and Mags believe that a break from the present period of consolidation might impact Bitcoin fundamentally. They counsel investors to monitor the $71,300 barrier level closely since a jump past this point would indicate the beginning of a positive trend. Featured image from Buy Sites, chart from TradingView<\/p>\n","protected":false},"author":557,"featured_media":612206,"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":[428,1119,1144,6664],"class_list":["post-612184","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-bitcoin","tag-btc","tag-btcusd","tag-crypto"],"acf":[],"yoast_head":"\nBitcoin Poised For A Big Move After Major Consolidation<\/title>\n<meta name=\"description\" content=\"If eminent analysts are to be taken at face value, Bitcoin (BTC) appears ready for a big breakthrough. Although analysts believe this slumbering monster\" \/>\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\/ready-to-strike-bitcoin-poised-for-a-big-move-after-major-consolidation\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Bitcoin Poised For A Big Move After Major Consolidation\" \/>\n<meta property=\"og:description\" content=\"If eminent analysts are to be taken at face value, Bitcoin (BTC) appears ready for a big breakthrough. Although analysts believe this slumbering monster\" \/>\n<meta property=\"og:url\" content=\"https:\/\/wncen.com\/news\/ready-to-strike-bitcoin-poised-for-a-big-move-after-major-consolidation\/\" \/>\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=\"2024-06-10T08:30:22+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-07-10T13:38:51+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/wncen.com\/wp-content\/uploads\/2024\/06\/a_623bf5.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"608\" \/>\n\t<meta property=\"og:image:height\" content=\"406\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Christian Encila\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@newsbtc\" \/>\n<meta name=\"twitter:site\" content=\"@newsbtc\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Christian Encila\" \/>\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\/ready-to-strike-bitcoin-poised-for-a-big-move-after-major-consolidation\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/wncen.com\/news\/ready-to-strike-bitcoin-poised-for-a-big-move-after-major-consolidation\/\"},\"author\":{\"name\":\"Christian Encila\",\"@id\":\"https:\/\/wncen.com\/#\/schema\/person\/a2d6e9b600c0ed5252bbfc4170c3dd80\"},\"headline\":\"Ready To Strike? Bitcoin Poised For A Big Move After Major Consolidation\",\"datePublished\":\"2024-06-10T08:30:22+00:00\",\"dateModified\":\"2024-07-10T13:38:51+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/wncen.com\/news\/ready-to-strike-bitcoin-poised-for-a-big-move-after-major-consolidation\/\"},\"wordCount\":511,\"publisher\":{\"@id\":\"https:\/\/wncen.com\/#organization\"},\"image\":{\"@id\":\"https:\/\/wncen.com\/news\/ready-to-strike-bitcoin-poised-for-a-big-move-after-major-consolidation\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/wncen.com\/wp-content\/uploads\/2024\/06\/a_623bf5.jpg?fit=608%2C406\",\"keywords\":[\"bitcoin\",\"btc\",\"btcusd\",\"crypto\"],\"articleSection\":[\"Cryptocurrency Market News\"],\"inLanguage\":\"en-US\",\"copyrightYear\":\"2024\",\"copyrightHolder\":{\"@id\":\"https:\/\/wncen.com\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/wncen.com\/news\/ready-to-strike-bitcoin-poised-for-a-big-move-after-major-consolidation\/\",\"url\":\"https:\/\/wncen.com\/news\/ready-to-strike-bitcoin-poised-for-a-big-move-after-major-consolidation\/\",\"name\":\"Bitcoin Poised For A Big Move After Major Consolidation\",\"isPartOf\":{\"@id\":\"https:\/\/wncen.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/wncen.com\/news\/ready-to-strike-bitcoin-poised-for-a-big-move-after-major-consolidation\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/wncen.com\/news\/ready-to-strike-bitcoin-poised-for-a-big-move-after-major-consolidation\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/wncen.com\/wp-content\/uploads\/2024\/06\/a_623bf5.jpg?fit=608%2C406\",\"datePublished\":\"2024-06-10T08:30:22+00:00\",\"dateModified\":\"2024-07-10T13:38:51+00:00\",\"description\":\"If eminent analysts are to be taken at face value, Bitcoin (BTC) appears ready for a big breakthrough. Although analysts believe this slumbering monster\",\"breadcrumb\":{\"@id\":\"https:\/\/wncen.com\/news\/ready-to-strike-bitcoin-poised-for-a-big-move-after-major-consolidation\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/wncen.com\/news\/ready-to-strike-bitcoin-poised-for-a-big-move-after-major-consolidation\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/wncen.com\/news\/ready-to-strike-bitcoin-poised-for-a-big-move-after-major-consolidation\/#primaryimage\",\"url\":\"https:\/\/wncen.com\/wp-content\/uploads\/2024\/06\/a_623bf5.jpg?fit=608%2C406\",\"contentUrl\":\"https:\/\/wncen.com\/wp-content\/uploads\/2024\/06\/a_623bf5.jpg?fit=608%2C406\",\"width\":608,\"height\":406,\"caption\":\"Bitcoin\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/wncen.com\/news\/ready-to-strike-bitcoin-poised-for-a-big-move-after-major-consolidation\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/wncen.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Ready To Strike? Bitcoin Poised For A Big Move After Major Consolidation\"}]},{\"@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\/a2d6e9b600c0ed5252bbfc4170c3dd80\",\"name\":\"Christian Encila\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/wncen.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/42cdb81dcbfceaa5f2e5c359239db36f?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/42cdb81dcbfceaa5f2e5c359239db36f?s=96&d=mm&r=g\",\"caption\":\"Christian Encila\"},\"description\":\"They say journalists never truly clock out. But for Christian, that's not just a metaphor, it's a lifestyle. By day, he navigates the ever-shifting tides of the cryptocurrency market, wielding words like a seasoned editor and crafting articles that decipher the jargon for the masses. When the PC goes on hibernate mode, however, his pursuits take a more mechanical (and sometimes philosophical) turn. Christian's journey with the written word began long before the age of Bitcoin. In the hallowed halls of academia, he honed his craft as a feature writer for his college paper. This early love for storytelling paved the way for a successful stint as an editor at a data engineering firm, where his first-month essay win funded a months-long supply of doggie and kitty treats \u2013 a testament to his dedication to his furry companions (more on that later). Christian then roamed the world of journalism, working at newspapers in Canada and even South Korea. He finally settled down at a local news giant in his hometown in the Philippines for a decade, becoming a total news junkie. But then, something new caught his eye: cryptocurrency. It was like a treasure hunt mixed with storytelling - right up his alley! So, he landed a killer gig at NewsBTC, where he's one of the go-to guys for all things crypto. He breaks down this confusing stuff into bite-sized pieces, making it easy for anyone to understand (he salutes his management team for teaching him this skill). Think Christian's all work and no play? Not a chance! When he's not at his computer, you'll find him indulging his passion for motorbikes. A true gearhead, Christian loves tinkering with his bike and savoring the joy of the open road on his 320-cc Yamaha R3. Once a speed demon who hit 120mph (a feat he vowed never to repeat), he now prefers leisurely rides along the coast, enjoying the wind in his thinning hair. Speaking of chill, Christian's got a crew of furry friends waiting for him at home. Two cats and a dog. He swears cats are way smarter than dogs (sorry, Grizzly), but he adores them all anyway. Apparently, watching his pets just chillin\u2019 helps him analyze and write meticulously formatted articles even better. Here's the thing about this guy: He works a lot, but he keeps himself fueled by enough coffee to make it through the day - and some seriously delicious (Filipino) food. He says a delectable meal is the secret ingredient to a killer article. And after a long day of crypto crusading, he unwinds with some rum (mixed with milk) while watching slapstick movies. Looking ahead, Christian sees a bright future with NewsBTC. He says he sees himself privileged to be part of an awesome organization, sharing his expertise and passion with a community he values, and fellow editors - and bosses - he deeply respects. So, the next time you tread into the world of cryptocurrency, remember the man behind the words \u2013 the crypto crusader, the grease monkey, and the feline philosopher, all rolled into one.\",\"sameAs\":[\"jomarjet01\"],\"url\":\"https:\/\/wncen.com\/author\/jomarjet01\/\"}]}<\/script>\n","yoast_head_json":{"title":"Bitcoin Poised For A Big Move After Major Consolidation","description":"If eminent analysts are to be taken at face value, Bitcoin (BTC) appears ready for a big breakthrough. Although analysts believe this slumbering monster","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\/ready-to-strike-bitcoin-poised-for-a-big-move-after-major-consolidation\/","og_locale":"en_US","og_type":"article","og_title":"Bitcoin Poised For A Big Move After Major Consolidation","og_description":"If eminent analysts are to be taken at face value, Bitcoin (BTC) appears ready for a big breakthrough. Although analysts believe this slumbering monster","og_url":"https:\/\/wncen.com\/news\/ready-to-strike-bitcoin-poised-for-a-big-move-after-major-consolidation\/","og_site_name":"NewsBTC","article_publisher":"https:\/\/www.facebook.com\/newsbtc","article_published_time":"2024-06-10T08:30:22+00:00","article_modified_time":"2024-07-10T13:38:51+00:00","og_image":[{"width":608,"height":406,"url":"https:\/\/wncen.com\/wp-content\/uploads\/2024\/06\/a_623bf5.jpg","type":"image\/jpeg"}],"author":"Christian Encila","twitter_card":"summary_large_image","twitter_creator":"@newsbtc","twitter_site":"@newsbtc","twitter_misc":{"Written by":"Christian Encila","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"NewsArticle","@id":"https:\/\/wncen.com\/news\/ready-to-strike-bitcoin-poised-for-a-big-move-after-major-consolidation\/#article","isPartOf":{"@id":"https:\/\/wncen.com\/news\/ready-to-strike-bitcoin-poised-for-a-big-move-after-major-consolidation\/"},"author":{"name":"Christian Encila","@id":"https:\/\/wncen.com\/#\/schema\/person\/a2d6e9b600c0ed5252bbfc4170c3dd80"},"headline":"Ready To Strike? Bitcoin Poised For A Big Move After Major Consolidation","datePublished":"2024-06-10T08:30:22+00:00","dateModified":"2024-07-10T13:38:51+00:00","mainEntityOfPage":{"@id":"https:\/\/wncen.com\/news\/ready-to-strike-bitcoin-poised-for-a-big-move-after-major-consolidation\/"},"wordCount":511,"publisher":{"@id":"https:\/\/wncen.com\/#organization"},"image":{"@id":"https:\/\/wncen.com\/news\/ready-to-strike-bitcoin-poised-for-a-big-move-after-major-consolidation\/#primaryimage"},"thumbnailUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2024\/06\/a_623bf5.jpg?fit=608%2C406","keywords":["bitcoin","btc","btcusd","crypto"],"articleSection":["Cryptocurrency Market News"],"inLanguage":"en-US","copyrightYear":"2024","copyrightHolder":{"@id":"https:\/\/wncen.com\/#organization"}},{"@type":"WebPage","@id":"https:\/\/wncen.com\/news\/ready-to-strike-bitcoin-poised-for-a-big-move-after-major-consolidation\/","url":"https:\/\/wncen.com\/news\/ready-to-strike-bitcoin-poised-for-a-big-move-after-major-consolidation\/","name":"Bitcoin Poised For A Big Move After Major Consolidation","isPartOf":{"@id":"https:\/\/wncen.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/wncen.com\/news\/ready-to-strike-bitcoin-poised-for-a-big-move-after-major-consolidation\/#primaryimage"},"image":{"@id":"https:\/\/wncen.com\/news\/ready-to-strike-bitcoin-poised-for-a-big-move-after-major-consolidation\/#primaryimage"},"thumbnailUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2024\/06\/a_623bf5.jpg?fit=608%2C406","datePublished":"2024-06-10T08:30:22+00:00","dateModified":"2024-07-10T13:38:51+00:00","description":"If eminent analysts are to be taken at face value, Bitcoin (BTC) appears ready for a big breakthrough. Although analysts believe this slumbering monster","breadcrumb":{"@id":"https:\/\/wncen.com\/news\/ready-to-strike-bitcoin-poised-for-a-big-move-after-major-consolidation\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/wncen.com\/news\/ready-to-strike-bitcoin-poised-for-a-big-move-after-major-consolidation\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/wncen.com\/news\/ready-to-strike-bitcoin-poised-for-a-big-move-after-major-consolidation\/#primaryimage","url":"https:\/\/wncen.com\/wp-content\/uploads\/2024\/06\/a_623bf5.jpg?fit=608%2C406","contentUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2024\/06\/a_623bf5.jpg?fit=608%2C406","width":608,"height":406,"caption":"Bitcoin"},{"@type":"BreadcrumbList","@id":"https:\/\/wncen.com\/news\/ready-to-strike-bitcoin-poised-for-a-big-move-after-major-consolidation\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/wncen.com\/"},{"@type":"ListItem","position":2,"name":"Ready To Strike? Bitcoin Poised For A Big Move After Major Consolidation"}]},{"@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\/a2d6e9b600c0ed5252bbfc4170c3dd80","name":"Christian Encila","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/wncen.com\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/42cdb81dcbfceaa5f2e5c359239db36f?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/42cdb81dcbfceaa5f2e5c359239db36f?s=96&d=mm&r=g","caption":"Christian Encila"},"description":"They say journalists never truly clock out. But for Christian, that's not just a metaphor, it's a lifestyle. By day, he navigates the ever-shifting tides of the cryptocurrency market, wielding words like a seasoned editor and crafting articles that decipher the jargon for the masses. When the PC goes on hibernate mode, however, his pursuits take a more mechanical (and sometimes philosophical) turn. Christian's journey with the written word began long before the age of Bitcoin. In the hallowed halls of academia, he honed his craft as a feature writer for his college paper. This early love for storytelling paved the way for a successful stint as an editor at a data engineering firm, where his first-month essay win funded a months-long supply of doggie and kitty treats \u2013 a testament to his dedication to his furry companions (more on that later). Christian then roamed the world of journalism, working at newspapers in Canada and even South Korea. He finally settled down at a local news giant in his hometown in the Philippines for a decade, becoming a total news junkie. But then, something new caught his eye: cryptocurrency. It was like a treasure hunt mixed with storytelling - right up his alley! So, he landed a killer gig at NewsBTC, where he's one of the go-to guys for all things crypto. He breaks down this confusing stuff into bite-sized pieces, making it easy for anyone to understand (he salutes his management team for teaching him this skill). Think Christian's all work and no play? Not a chance! When he's not at his computer, you'll find him indulging his passion for motorbikes. A true gearhead, Christian loves tinkering with his bike and savoring the joy of the open road on his 320-cc Yamaha R3. Once a speed demon who hit 120mph (a feat he vowed never to repeat), he now prefers leisurely rides along the coast, enjoying the wind in his thinning hair. Speaking of chill, Christian's got a crew of furry friends waiting for him at home. Two cats and a dog. He swears cats are way smarter than dogs (sorry, Grizzly), but he adores them all anyway. Apparently, watching his pets just chillin\u2019 helps him analyze and write meticulously formatted articles even better. Here's the thing about this guy: He works a lot, but he keeps himself fueled by enough coffee to make it through the day - and some seriously delicious (Filipino) food. He says a delectable meal is the secret ingredient to a killer article. And after a long day of crypto crusading, he unwinds with some rum (mixed with milk) while watching slapstick movies. Looking ahead, Christian sees a bright future with NewsBTC. He says he sees himself privileged to be part of an awesome organization, sharing his expertise and passion with a community he values, and fellow editors - and bosses - he deeply respects. So, the next time you tread into the world of cryptocurrency, remember the man behind the words \u2013 the crypto crusader, the grease monkey, and the feline philosopher, all rolled into one.","sameAs":["jomarjet01"],"url":"https:\/\/wncen.com\/author\/jomarjet01\/"}]}},"parsely":{"version":"1.1.0","meta":{"@context":"https:\/\/schema.org","@type":"NewsArticle","headline":"Ready To Strike? Bitcoin Poised For A Big Move After Major Consolidation","url":"http:\/\/wncen.com\/news\/ready-to-strike-bitcoin-poised-for-a-big-move-after-major-consolidation\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/wncen.com\/news\/ready-to-strike-bitcoin-poised-for-a-big-move-after-major-consolidation\/"},"thumbnailUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2024\/06\/a_623bf5.jpg?resize=200%2C200","image":{"@type":"ImageObject","url":"https:\/\/wncen.com\/wp-content\/uploads\/2024\/06\/a_623bf5.jpg?fit=608%2C406"},"articleSection":"Cryptocurrency Market News","author":[{"@type":"Person","name":"Christian Encila"}],"creator":["Christian Encila"],"publisher":{"@type":"Organization","name":"NewsBTC","logo":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/cropped-cropped-cropped-favicon.png?w=32"},"keywords":["bitcoin","btc","btcusd","crypto"],"dateCreated":"2024-06-10T08:30:22Z","datePublished":"2024-06-10T08:30:22Z","dateModified":"2024-07-10T13:38:51Z"},"rendered":"<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"NewsArticle\",\"headline\":\"Ready To Strike? Bitcoin Poised For A Big Move After Major Consolidation\",\"url\":\"http:\\\/\\\/wncen.com\\\/news\\\/ready-to-strike-bitcoin-poised-for-a-big-move-after-major-consolidation\\\/\",\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/wncen.com\\\/news\\\/ready-to-strike-bitcoin-poised-for-a-big-move-after-major-consolidation\\\/\"},\"thumbnailUrl\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2024\\\/06\\\/a_623bf5.jpg?resize=200%2C200\",\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2024\\\/06\\\/a_623bf5.jpg?fit=608%2C406\"},\"articleSection\":\"Cryptocurrency Market News\",\"author\":[{\"@type\":\"Person\",\"name\":\"Christian Encila\"}],\"creator\":[\"Christian Encila\"],\"publisher\":{\"@type\":\"Organization\",\"name\":\"NewsBTC\",\"logo\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2020\\\/06\\\/cropped-cropped-cropped-favicon.png?w=32\"},\"keywords\":[\"bitcoin\",\"btc\",\"btcusd\",\"crypto\"],\"dateCreated\":\"2024-06-10T08:30:22Z\",\"datePublished\":\"2024-06-10T08:30:22Z\",\"dateModified\":\"2024-07-10T13:38:51Z\"}<\/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\/06\/a_623bf5.jpg?fit=608%2C406","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts\/612184"}],"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\/557"}],"replies":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/comments?post=612184"}],"version-history":[{"count":0,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts\/612184\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/media\/612206"}],"wp:attachment":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/media?parent=612184"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/categories?post=612184"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/tags?post=612184"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}