{"id":637295,"date":"2024-08-22T16:14:45","date_gmt":"2024-08-22T16:14:45","guid":{"rendered":"https:\/\/wncen.com\/?p=637295"},"modified":"2024-08-22T16:14:45","modified_gmt":"2024-08-22T16:14:45","slug":"bitcoin-could-target-63000-but-must-first-clear-this-vital-resistance-level","status":"publish","type":"post","link":"https:\/\/wncen.com\/breaking-news-ticker\/bitcoin-could-target-63000-but-must-first-clear-this-vital-resistance-level\/","title":{"rendered":"Bitcoin Could Target $63,000 But Must First Clear This Vital Resistance Level"},"content":{"rendered":"

After experiencing a significant 25% pullback earlier this month, plunging to the $49,000 level, the king of cryptocurrencies, Bitcoin (BTC), has managed to consolidate above the crucial $60,000 support for the last 24 hours.<\/span><\/p>\n

However, Bitcoin’s journey toward further price appreciation has been without obstacles. The digital asset has been unable to surpass higher resistance levels, which technical analysts deem essential for a retest of the all-time high levels reached in March.<\/span><\/p>\n

What On-Chain Metrics Reveal<\/span><\/h2>\n

According to a recent analysis shared on social media platform X (formerly Twitter), technical analyst Inspo Crypto has <\/span>highlighted <\/span><\/a>the cautious sentiment among options traders. While they remain bullish, they continue to hedge against potential downside risks, suggesting an expectation of a potential market shakeout or negative news.<\/span><\/p>\n

Related Reading: Dogecoin Price (DOGE) Poised To Surge If This Support Holds<\/a><\/div>\n

The analyst also contends that the selling pressure on the upside has been robust. Wednesday’s price push-up primarily triggered <\/span>sell orders<\/span><\/a>, leading to the liquidation of high-leverage long positions.\u00a0<\/span><\/p>\n

Delving deeper into the market data, the options market reflects a mixed outlook with slight bullish tendencies, but the 25-Delta Skew indicates uncertainty, particularly with upcoming <\/span>economic events <\/span><\/a>influencing trader caution.<\/span><\/p>\n

In the futures market, the data shows short-term bullish momentum but with increased volatility. The rising open interest suggests more market participation, yet the liquidation heatmap highlights the risks of sudden price swings.<\/span><\/p>\n

Bitcoin Breakout To $63,000 Or Consolidation At $60,000?\u00a0<\/span><\/h2>\n

Turning to the spot market and technical analysis, the data paints a picture of <\/span>bullish momentum<\/span><\/a>, but the cryptocurrency faces strong resistance at the $61,300 to $61,500 levels.\u00a0<\/span><\/p>\n

The volume, however, appears insufficient to facilitate a significant breakout, and the order book data reveals substantial sell-side pressure at these levels.<\/span><\/p>\n

Inspo Crypto further found that the average trader sentiment is neutral to slightly bullish, with a rating of 5.5 out of 10. Traders are cautiously optimistic, but there are clear signs of uncertainty and potential <\/span>volatility<\/span><\/a>.
\n<\/span><\/p>\n

Related Reading: Solana Dump Far From Over? Whales Continue To Dump SOL<\/a><\/div>\n

The price forecast for the next 24 hours suggests that Bitcoin may continue attempting to break the $61,300 to $61,500 resistance level.\u00a0<\/span><\/p>\n

However, a genuine breakout seems unlikely without a substantial increase in trading volume. If the resistance holds, a pullback toward the $60,000 or even the $59,500 level is possible.<\/span><\/p>\n

For the rest of the week, if Bitcoin manages to break through the $61,500 level with increasing <\/span>volume<\/span><\/a>, a move toward the $62,500 to $63,000 range could follow. Otherwise, consolidation between $59,500 and $61,000 is likely, especially if market volume remains low and selling pressure persists.<\/span><\/p>\n

\"Bitcoin\"
The daily chart shows BTC’s price trading sideways above $60,000. Source: BTCUSDT on TradingView.com<\/a><\/figcaption><\/figure>\n

Late Wednesday, BTC climbed above $61,7000 for the first time in nearly two weeks but has since fallen back to the $60,000 level. Still, the Bitcoin price is up 1.8% over the past 24 hours.\u00a0<\/span><\/p>\n

Featured image from DALL-E, chart from TradingView.com <\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

After experiencing a significant 25% pullback earlier this month, plunging to the $49,000 level, the king of cryptocurrencies, Bitcoin (BTC), has managed to consolidate above the crucial $60,000 support for the last 24 hours. However, Bitcoin’s journey toward further price appreciation has been without obstacles. The digital asset has been unable to surpass higher resistance levels, which technical analysts deem essential for a retest of the all-time high levels reached in March. What On-Chain Metrics Reveal According to a recent analysis shared on social media platform X (formerly Twitter), technical analyst Inspo Crypto has highlighted the cautious sentiment among options traders. While they remain bullish, they continue to hedge against potential downside risks, suggesting an expectation of a potential market shakeout or negative news. Related Reading: Dogecoin Price (DOGE) Poised To Surge If This Support Holds The analyst also contends that the selling pressure on the upside has been robust. Wednesday’s price push-up primarily triggered sell orders, leading to the liquidation of high-leverage long positions.\u00a0 Delving deeper into the market data, the options market reflects a mixed outlook with slight bullish tendencies, but the 25-Delta Skew indicates uncertainty, particularly with upcoming economic events influencing trader caution. In the futures market, the data shows short-term bullish momentum but with increased volatility. The rising open interest suggests more market participation, yet the liquidation heatmap highlights the risks of sudden price swings. Bitcoin Breakout To $63,000 Or Consolidation At $60,000?\u00a0 Turning to the spot market and technical analysis, the data paints a picture of bullish momentum, but the cryptocurrency faces strong resistance at the $61,300 to $61,500 levels.\u00a0 The volume, however, appears insufficient to facilitate a significant breakout, and the order book data reveals substantial sell-side pressure at these levels. Inspo Crypto further found that the average trader sentiment is neutral to slightly bullish, with a rating of 5.5 out of 10. Traders are cautiously optimistic, but there are clear signs of uncertainty and potential volatility. Related Reading: Solana Dump Far From Over? Whales Continue To Dump SOL The price forecast for the next 24 hours suggests that Bitcoin may continue attempting to break the $61,300 to $61,500 resistance level.\u00a0 However, a genuine breakout seems unlikely without a substantial increase in trading volume. If the resistance holds, a pullback toward the $60,000 or even the $59,500 level is possible. For the rest of the week, if Bitcoin manages to break through the $61,500 level with increasing volume, a move toward the $62,500 to $63,000 range could follow. Otherwise, consolidation between $59,500 and $61,000 is likely, especially if market volume remains low and selling pressure persists. Late Wednesday, BTC climbed above $61,7000 for the first time in nearly two weeks but has since fallen back to the $60,000 level. Still, the Bitcoin price is up 1.8% over the past 24 hours.\u00a0 Featured image from DALL-E, chart from TradingView.com<\/p>\n","protected":false},"author":589,"featured_media":637296,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[86683],"tags":[428,485,656,679,7756,755,768,1119,1122,1144,8390,78790,6664,14690,1558],"class_list":["post-637295","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-breaking-news-ticker","tag-bitcoin","tag-bitcoin-chart","tag-bitcoin-news","tag-bitcoin-price","tag-bitcoin-signals","tag-bitcoin-technical-analysis","tag-bitcoin-trading","tag-btc","tag-btc-price","tag-btcusd","tag-btcusd-price","tag-btcusdt","tag-crypto","tag-crypto-news","tag-cryptocurrency"],"acf":[],"yoast_head":"\nBitcoin Could Target $63,000 But Must First Clear This Vital Resistance Level<\/title>\n<meta name=\"description\" content=\"After experiencing a significant 25% plunge, the king of cryptocurrencies, Bitcoin (BTC), has managed to consolidate above $60,000.\" \/>\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\/breaking-news-ticker\/bitcoin-could-target-63000-but-must-first-clear-this-vital-resistance-level\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Bitcoin Could Target $63,000 But Must First Clear This Vital Resistance Level\" \/>\n<meta property=\"og:description\" content=\"After experiencing a significant 25% plunge, the king of cryptocurrencies, Bitcoin (BTC), has managed to consolidate above $60,000.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/wncen.com\/breaking-news-ticker\/bitcoin-could-target-63000-but-must-first-clear-this-vital-resistance-level\/\" \/>\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=\"2024-08-22T16:14:45+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/wncen.com\/wp-content\/uploads\/2024\/08\/Screenshot_373.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1319\" \/>\n\t<meta property=\"og:image:height\" content=\"738\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Ronaldo Marquez\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@Rmmcapital\" \/>\n<meta name=\"twitter:site\" content=\"@newsbtc\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Ronaldo Marquez\" \/>\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\/breaking-news-ticker\/bitcoin-could-target-63000-but-must-first-clear-this-vital-resistance-level\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/wncen.com\/breaking-news-ticker\/bitcoin-could-target-63000-but-must-first-clear-this-vital-resistance-level\/\"},\"author\":{\"name\":\"Ronaldo Marquez\",\"@id\":\"https:\/\/wncen.com\/#\/schema\/person\/23849d4cdb61b3b34c9e7e5fea0a9a6c\"},\"headline\":\"Bitcoin Could Target $63,000 But Must First Clear This Vital Resistance Level\",\"datePublished\":\"2024-08-22T16:14:45+00:00\",\"dateModified\":\"2024-08-22T16:14:45+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/wncen.com\/breaking-news-ticker\/bitcoin-could-target-63000-but-must-first-clear-this-vital-resistance-level\/\"},\"wordCount\":485,\"publisher\":{\"@id\":\"https:\/\/wncen.com\/#organization\"},\"image\":{\"@id\":\"https:\/\/wncen.com\/breaking-news-ticker\/bitcoin-could-target-63000-but-must-first-clear-this-vital-resistance-level\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/wncen.com\/wp-content\/uploads\/2024\/08\/Screenshot_373.jpg?fit=1319%2C738\",\"keywords\":[\"bitcoin\",\"Bitcoin chart\",\"Bitcoin news\",\"bitcoin price\",\"bitcoin signals\",\"bitcoin technical analysis\",\"bitcoin trading\",\"btc\",\"btc price\",\"btcusd\",\"btcusd price\",\"BTCUSDT\",\"crypto\",\"crypto news\",\"cryptocurrency\"],\"articleSection\":[\"Breaking News Ticker\"],\"inLanguage\":\"en-US\",\"copyrightYear\":\"2024\",\"copyrightHolder\":{\"@id\":\"https:\/\/wncen.com\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/wncen.com\/breaking-news-ticker\/bitcoin-could-target-63000-but-must-first-clear-this-vital-resistance-level\/\",\"url\":\"https:\/\/wncen.com\/breaking-news-ticker\/bitcoin-could-target-63000-but-must-first-clear-this-vital-resistance-level\/\",\"name\":\"Bitcoin Could Target $63,000 But Must First Clear This Vital Resistance Level\",\"isPartOf\":{\"@id\":\"https:\/\/wncen.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/wncen.com\/breaking-news-ticker\/bitcoin-could-target-63000-but-must-first-clear-this-vital-resistance-level\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/wncen.com\/breaking-news-ticker\/bitcoin-could-target-63000-but-must-first-clear-this-vital-resistance-level\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/wncen.com\/wp-content\/uploads\/2024\/08\/Screenshot_373.jpg?fit=1319%2C738\",\"datePublished\":\"2024-08-22T16:14:45+00:00\",\"dateModified\":\"2024-08-22T16:14:45+00:00\",\"description\":\"After experiencing a significant 25% plunge, the king of cryptocurrencies, Bitcoin (BTC), has managed to consolidate above $60,000.\",\"breadcrumb\":{\"@id\":\"https:\/\/wncen.com\/breaking-news-ticker\/bitcoin-could-target-63000-but-must-first-clear-this-vital-resistance-level\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/wncen.com\/breaking-news-ticker\/bitcoin-could-target-63000-but-must-first-clear-this-vital-resistance-level\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/wncen.com\/breaking-news-ticker\/bitcoin-could-target-63000-but-must-first-clear-this-vital-resistance-level\/#primaryimage\",\"url\":\"https:\/\/wncen.com\/wp-content\/uploads\/2024\/08\/Screenshot_373.jpg?fit=1319%2C738\",\"contentUrl\":\"https:\/\/wncen.com\/wp-content\/uploads\/2024\/08\/Screenshot_373.jpg?fit=1319%2C738\",\"width\":1319,\"height\":738,\"caption\":\"Bitcoin\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/wncen.com\/breaking-news-ticker\/bitcoin-could-target-63000-but-must-first-clear-this-vital-resistance-level\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/wncen.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Bitcoin Could Target $63,000 But Must First Clear This Vital Resistance Level\"}]},{\"@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\/23849d4cdb61b3b34c9e7e5fea0a9a6c\",\"name\":\"Ronaldo Marquez\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/wncen.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/327ecc4c8e744ef573507a8dd49440d7?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/327ecc4c8e744ef573507a8dd49440d7?s=96&d=mm&r=g\",\"caption\":\"Ronaldo Marquez\"},\"description\":\"Ronaldo is an experienced crypto enthusiast dedicated to the nascent and ever-evolving industry. With over five years of extensive research and unwavering dedication, he has cultivated a profound interest in the world of cryptocurrencies. Ronaldo's journey began with a spark of curiosity, which soon transformed into a deep passion for understanding the intricacies of this groundbreaking technology. Driven by an insatiable thirst for knowledge, Ronaldo has delved into the depths of the crypto space, exploring its various facets, from blockchain fundamentals to market trends and investment strategies. His tireless exploration and commitment to staying up-to-date with the latest developments have granted him a unique perspective on the industry. One of Ronaldo's defining areas of expertise lies in technical analysis. He firmly believes that studying charts and deciphering price movements provides valuable insights into the market. Ronaldo recognizes that patterns exist within the chaos of crypto charts, and by utilizing technical analysis tools and indicators, he can unlock hidden opportunities and make informed investment decisions. His dedication to mastering this analytical approach has allowed him to navigate the volatile crypto market with confidence and precision. Ronaldo's commitment to his craft goes beyond personal gain. He is passionate about sharing his knowledge and insights with others, empowering them to make well-informed decisions in the crypto space. Ronaldo's writing is a testament to his dedication, providing readers with meaningful analysis and up-to-date news. He strives to offer a comprehensive understanding of the crypto industry, helping readers navigate its complexities and seize opportunities. Outside of the crypto realm, Ronaldo enjoys indulging in other passions. As an avid sports fan, he finds joy in watching exhilarating sporting events, witnessing the triumphs and challenges of athletes pushing their limits. Furthermore, His passion for languages extends beyond mere communication; he aspires to master German, French, Italian, and Portuguese, in addition to his native Spanish. Recognizing the value of linguistic proficiency, Ronaldo aims to enhance his work prospects, personal relationships, and overall growth. However, Ronaldo's aspirations extend far beyond language acquisition. He believes that the future of the crypto industry holds immense potential as a groundbreaking force in history. With unwavering conviction, he envisions a world where cryptocurrencies unlock financial freedom for all and become catalysts for societal development and growth. Ronaldo is determined to prepare himself for this transformative era, ensuring he is well-equipped to navigate the crypto landscape. Ronaldo also recognizes the importance of maintaining a healthy body and mind, regularly hitting the gym to stay physically fit. He immerses himself in books and podcasts that inspire him to become the best version of himself, constantly seeking new ways to expand his horizons and knowledge. With a genuine desire to become the best version of himself, Ronaldo is committed to continuous improvement. He sets personal goals, embraces challenges, and seeks opportunities for growth and self-reflection. Ultimately, combining his passion for cryptocurrencies, dedication to learning, and commitment to personal development, Ronaldo aims to go hand-in-hand with the exciting new era that the emerging crypto technology is bringing to the world and societies.\",\"sameAs\":[\"https:\/\/instagram.com\/itsmarquez_fr?igshid=ZDdkNTZiNTM=\",\"https:\/\/x.com\/Rmmcapital\"],\"url\":\"https:\/\/wncen.com\/author\/ronaldomarquez\/\"}]}<\/script>\n","yoast_head_json":{"title":"Bitcoin Could Target $63,000 But Must First Clear This Vital Resistance Level","description":"After experiencing a significant 25% plunge, the king of cryptocurrencies, Bitcoin (BTC), has managed to consolidate above $60,000.","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\/breaking-news-ticker\/bitcoin-could-target-63000-but-must-first-clear-this-vital-resistance-level\/","og_locale":"en_US","og_type":"article","og_title":"Bitcoin Could Target $63,000 But Must First Clear This Vital Resistance Level","og_description":"After experiencing a significant 25% plunge, the king of cryptocurrencies, Bitcoin (BTC), has managed to consolidate above $60,000.","og_url":"https:\/\/wncen.com\/breaking-news-ticker\/bitcoin-could-target-63000-but-must-first-clear-this-vital-resistance-level\/","og_site_name":"NewsBTC","article_publisher":"https:\/\/www.facebook.com\/newsbtc","article_published_time":"2024-08-22T16:14:45+00:00","og_image":[{"width":1319,"height":738,"url":"https:\/\/wncen.com\/wp-content\/uploads\/2024\/08\/Screenshot_373.jpg","type":"image\/jpeg"}],"author":"Ronaldo Marquez","twitter_card":"summary_large_image","twitter_creator":"@Rmmcapital","twitter_site":"@newsbtc","twitter_misc":{"Written by":"Ronaldo Marquez","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"NewsArticle","@id":"https:\/\/wncen.com\/breaking-news-ticker\/bitcoin-could-target-63000-but-must-first-clear-this-vital-resistance-level\/#article","isPartOf":{"@id":"https:\/\/wncen.com\/breaking-news-ticker\/bitcoin-could-target-63000-but-must-first-clear-this-vital-resistance-level\/"},"author":{"name":"Ronaldo Marquez","@id":"https:\/\/wncen.com\/#\/schema\/person\/23849d4cdb61b3b34c9e7e5fea0a9a6c"},"headline":"Bitcoin Could Target $63,000 But Must First Clear This Vital Resistance Level","datePublished":"2024-08-22T16:14:45+00:00","dateModified":"2024-08-22T16:14:45+00:00","mainEntityOfPage":{"@id":"https:\/\/wncen.com\/breaking-news-ticker\/bitcoin-could-target-63000-but-must-first-clear-this-vital-resistance-level\/"},"wordCount":485,"publisher":{"@id":"https:\/\/wncen.com\/#organization"},"image":{"@id":"https:\/\/wncen.com\/breaking-news-ticker\/bitcoin-could-target-63000-but-must-first-clear-this-vital-resistance-level\/#primaryimage"},"thumbnailUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2024\/08\/Screenshot_373.jpg?fit=1319%2C738","keywords":["bitcoin","Bitcoin chart","Bitcoin news","bitcoin price","bitcoin signals","bitcoin technical analysis","bitcoin trading","btc","btc price","btcusd","btcusd price","BTCUSDT","crypto","crypto news","cryptocurrency"],"articleSection":["Breaking News Ticker"],"inLanguage":"en-US","copyrightYear":"2024","copyrightHolder":{"@id":"https:\/\/wncen.com\/#organization"}},{"@type":"WebPage","@id":"https:\/\/wncen.com\/breaking-news-ticker\/bitcoin-could-target-63000-but-must-first-clear-this-vital-resistance-level\/","url":"https:\/\/wncen.com\/breaking-news-ticker\/bitcoin-could-target-63000-but-must-first-clear-this-vital-resistance-level\/","name":"Bitcoin Could Target $63,000 But Must First Clear This Vital Resistance Level","isPartOf":{"@id":"https:\/\/wncen.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/wncen.com\/breaking-news-ticker\/bitcoin-could-target-63000-but-must-first-clear-this-vital-resistance-level\/#primaryimage"},"image":{"@id":"https:\/\/wncen.com\/breaking-news-ticker\/bitcoin-could-target-63000-but-must-first-clear-this-vital-resistance-level\/#primaryimage"},"thumbnailUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2024\/08\/Screenshot_373.jpg?fit=1319%2C738","datePublished":"2024-08-22T16:14:45+00:00","dateModified":"2024-08-22T16:14:45+00:00","description":"After experiencing a significant 25% plunge, the king of cryptocurrencies, Bitcoin (BTC), has managed to consolidate above $60,000.","breadcrumb":{"@id":"https:\/\/wncen.com\/breaking-news-ticker\/bitcoin-could-target-63000-but-must-first-clear-this-vital-resistance-level\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/wncen.com\/breaking-news-ticker\/bitcoin-could-target-63000-but-must-first-clear-this-vital-resistance-level\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/wncen.com\/breaking-news-ticker\/bitcoin-could-target-63000-but-must-first-clear-this-vital-resistance-level\/#primaryimage","url":"https:\/\/wncen.com\/wp-content\/uploads\/2024\/08\/Screenshot_373.jpg?fit=1319%2C738","contentUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2024\/08\/Screenshot_373.jpg?fit=1319%2C738","width":1319,"height":738,"caption":"Bitcoin"},{"@type":"BreadcrumbList","@id":"https:\/\/wncen.com\/breaking-news-ticker\/bitcoin-could-target-63000-but-must-first-clear-this-vital-resistance-level\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/wncen.com\/"},{"@type":"ListItem","position":2,"name":"Bitcoin Could Target $63,000 But Must First Clear This Vital Resistance Level"}]},{"@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\/23849d4cdb61b3b34c9e7e5fea0a9a6c","name":"Ronaldo Marquez","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/wncen.com\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/327ecc4c8e744ef573507a8dd49440d7?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/327ecc4c8e744ef573507a8dd49440d7?s=96&d=mm&r=g","caption":"Ronaldo Marquez"},"description":"Ronaldo is an experienced crypto enthusiast dedicated to the nascent and ever-evolving industry. With over five years of extensive research and unwavering dedication, he has cultivated a profound interest in the world of cryptocurrencies. Ronaldo's journey began with a spark of curiosity, which soon transformed into a deep passion for understanding the intricacies of this groundbreaking technology. Driven by an insatiable thirst for knowledge, Ronaldo has delved into the depths of the crypto space, exploring its various facets, from blockchain fundamentals to market trends and investment strategies. His tireless exploration and commitment to staying up-to-date with the latest developments have granted him a unique perspective on the industry. One of Ronaldo's defining areas of expertise lies in technical analysis. He firmly believes that studying charts and deciphering price movements provides valuable insights into the market. Ronaldo recognizes that patterns exist within the chaos of crypto charts, and by utilizing technical analysis tools and indicators, he can unlock hidden opportunities and make informed investment decisions. His dedication to mastering this analytical approach has allowed him to navigate the volatile crypto market with confidence and precision. Ronaldo's commitment to his craft goes beyond personal gain. He is passionate about sharing his knowledge and insights with others, empowering them to make well-informed decisions in the crypto space. Ronaldo's writing is a testament to his dedication, providing readers with meaningful analysis and up-to-date news. He strives to offer a comprehensive understanding of the crypto industry, helping readers navigate its complexities and seize opportunities. Outside of the crypto realm, Ronaldo enjoys indulging in other passions. As an avid sports fan, he finds joy in watching exhilarating sporting events, witnessing the triumphs and challenges of athletes pushing their limits. Furthermore, His passion for languages extends beyond mere communication; he aspires to master German, French, Italian, and Portuguese, in addition to his native Spanish. Recognizing the value of linguistic proficiency, Ronaldo aims to enhance his work prospects, personal relationships, and overall growth. However, Ronaldo's aspirations extend far beyond language acquisition. He believes that the future of the crypto industry holds immense potential as a groundbreaking force in history. With unwavering conviction, he envisions a world where cryptocurrencies unlock financial freedom for all and become catalysts for societal development and growth. Ronaldo is determined to prepare himself for this transformative era, ensuring he is well-equipped to navigate the crypto landscape. Ronaldo also recognizes the importance of maintaining a healthy body and mind, regularly hitting the gym to stay physically fit. He immerses himself in books and podcasts that inspire him to become the best version of himself, constantly seeking new ways to expand his horizons and knowledge. With a genuine desire to become the best version of himself, Ronaldo is committed to continuous improvement. He sets personal goals, embraces challenges, and seeks opportunities for growth and self-reflection. Ultimately, combining his passion for cryptocurrencies, dedication to learning, and commitment to personal development, Ronaldo aims to go hand-in-hand with the exciting new era that the emerging crypto technology is bringing to the world and societies.","sameAs":["https:\/\/instagram.com\/itsmarquez_fr?igshid=ZDdkNTZiNTM=","https:\/\/x.com\/Rmmcapital"],"url":"https:\/\/wncen.com\/author\/ronaldomarquez\/"}]}},"parsely":{"version":"1.1.0","meta":{"@context":"https:\/\/schema.org","@type":"NewsArticle","headline":"Bitcoin Could Target $63,000 But Must First Clear This Vital Resistance Level","url":"http:\/\/wncen.com\/breaking-news-ticker\/bitcoin-could-target-63000-but-must-first-clear-this-vital-resistance-level\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/wncen.com\/breaking-news-ticker\/bitcoin-could-target-63000-but-must-first-clear-this-vital-resistance-level\/"},"thumbnailUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2024\/08\/Screenshot_373.jpg?resize=200%2C200","image":{"@type":"ImageObject","url":"https:\/\/wncen.com\/wp-content\/uploads\/2024\/08\/Screenshot_373.jpg?fit=1319%2C738"},"articleSection":"Breaking News Ticker","author":[{"@type":"Person","name":"Ronaldo Marquez"}],"creator":["Ronaldo Marquez"],"publisher":{"@type":"Organization","name":"NewsBTC","logo":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/cropped-cropped-cropped-favicon.png?w=32"},"keywords":["bitcoin","bitcoin chart","bitcoin news","bitcoin price","bitcoin signals","bitcoin technical analysis","bitcoin trading","btc","btc price","btcusd","btcusd price","btcusdt","crypto","crypto news","cryptocurrency"],"dateCreated":"2024-08-22T16:14:45Z","datePublished":"2024-08-22T16:14:45Z","dateModified":"2024-08-22T16:14:45Z"},"rendered":"<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"NewsArticle\",\"headline\":\"Bitcoin Could Target $63,000 But Must First Clear This Vital Resistance Level\",\"url\":\"http:\\\/\\\/wncen.com\\\/breaking-news-ticker\\\/bitcoin-could-target-63000-but-must-first-clear-this-vital-resistance-level\\\/\",\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/wncen.com\\\/breaking-news-ticker\\\/bitcoin-could-target-63000-but-must-first-clear-this-vital-resistance-level\\\/\"},\"thumbnailUrl\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2024\\\/08\\\/Screenshot_373.jpg?resize=200%2C200\",\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2024\\\/08\\\/Screenshot_373.jpg?fit=1319%2C738\"},\"articleSection\":\"Breaking News Ticker\",\"author\":[{\"@type\":\"Person\",\"name\":\"Ronaldo Marquez\"}],\"creator\":[\"Ronaldo Marquez\"],\"publisher\":{\"@type\":\"Organization\",\"name\":\"NewsBTC\",\"logo\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2020\\\/06\\\/cropped-cropped-cropped-favicon.png?w=32\"},\"keywords\":[\"bitcoin\",\"bitcoin chart\",\"bitcoin news\",\"bitcoin price\",\"bitcoin signals\",\"bitcoin technical analysis\",\"bitcoin trading\",\"btc\",\"btc price\",\"btcusd\",\"btcusd price\",\"btcusdt\",\"crypto\",\"crypto news\",\"cryptocurrency\"],\"dateCreated\":\"2024-08-22T16:14:45Z\",\"datePublished\":\"2024-08-22T16:14:45Z\",\"dateModified\":\"2024-08-22T16:14:45Z\"}<\/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\/08\/Screenshot_373.jpg?fit=1319%2C738","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts\/637295"}],"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\/589"}],"replies":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/comments?post=637295"}],"version-history":[{"count":0,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts\/637295\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/media\/637296"}],"wp:attachment":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/media?parent=637295"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/categories?post=637295"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/tags?post=637295"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}