{"id":387463,"date":"2019-06-25T17:00:18","date_gmt":"2019-06-25T17:00:18","guid":{"rendered":"https:\/\/ktsl888.com\/?p=387463"},"modified":"2024-06-11T13:44:36","modified_gmt":"2024-06-11T13:44:36","slug":"bitcoin-feb-2018-levels-investors-readying-15000","status":"publish","type":"post","link":"https:\/\/ktsl888.com\/news\/bitcoin-feb-2018-levels-investors-readying-15000\/","title":{"rendered":"Bitcoin (BTC) At Early 2018 Levels, Investors Prepping For $15,000?"},"content":{"rendered":"<ul>\n<li><em>Bitcoin (BTC) rally, adds 23 percent<\/em><\/li>\n<li><em>Crypto awareness better than it was two years ago<\/em><\/li>\n<\/ul>\n<p><em>Presently, Bitcoin\u2019s market cap exceeds $200 billion. These are levels last seen 17 months ago, revealing the strength of buyers. From the charts, BTC bulls are solid as buyers aim at $15,000, adding 23 percent week-to-date.<\/em><\/p>\n<h2>Bitcoin Price Analysis<\/h2>\n<h3>Fundamentals<\/h3>\n<p>It\u2019s a milestone for Bitcoin. Trading at over $11,300, buyers are steadfast. However, beneath all this is BTC\u2019s resilience. If anything, this has been a journey of pure <a href=\"https:\/\/ktsl888.com\/2015\/04\/05\/on-the-rise-bitcoin-scams\/\" target=\"_blank\" rel=\"noopener noreferrer \">grit<\/a> and determination. After hitting rock bottom at the height of last year\u2019s crypto freeze, the resurgence has been spectacular.<\/p>\n<p>Blistering past resistance zones-now support, at $4,500, $6,000 and recently $10,000, these price spikes are an encouraging sight. For holders, losses of last year have more than halved as prices recover.<\/p>\n<p>However, from candlestick arrangement, buoyed mainly by <a href=\"https:\/\/ktsl888.com\/2019\/04\/13\/fsa-bitcoin-exchange-japan\/\" target=\"_blank\" rel=\"noopener noreferrer \">supportive fundamentals<\/a>, there is more wriggling space for savvy traders. Not only are regulators thawing, understanding that cryptocurrencies are here to stay, but investor awareness is improving.<\/p>\n<p>In the US, young adults below 35 years now prefer <a href=\"https:\/\/ktsl888.com\/2018\/07\/29\/cryptocurrency-market-update-bitcoin-gold-performing-on-sunday\/\" target=\"_blank\" rel=\"noopener noreferrer \">digital Gold<\/a> over physical Gold. Although both are making a comeback with the latter breaking away from a five-year trade range, BTC has more potential. It is global, a store of value and is also a settlement layer cutting across borders.<\/p>\n<p>Therefore, as <a href=\"https:\/\/ktsl888.com\/2019\/01\/30\/bitcoin-crypto-real-estate-stocks\/\" target=\"_blank\" rel=\"noopener noreferrer \">Baby Boomers<\/a> hand over their rightly accrued wealth, fund managers will likely slot part of these billions into BTC, further boosting the digital asset market cap currently standing at over $200 billion.<\/p>\n<h3>Candlestick Arrangement<\/h3>\n<p><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-387465\" src=\"https:\/\/ktsl888.com\/wp-content\/uploads\/2019\/06\/Bitcoin-Daily-Chart-June-25.png?resize=1280%2C1024\" alt=\"Bitcoin BTC\" width=\"1280\" height=\"1024\" srcset=\"https:\/\/ktsl888.com\/wp-content\/uploads\/2019\/06\/Bitcoin-Daily-Chart-June-25.png?w=1280 1280w, https:\/\/ktsl888.com\/wp-content\/uploads\/2019\/06\/Bitcoin-Daily-Chart-June-25.png?w=460 460w, https:\/\/ktsl888.com\/wp-content\/uploads\/2019\/06\/Bitcoin-Daily-Chart-June-25.png?w=768 768w, https:\/\/ktsl888.com\/wp-content\/uploads\/2019\/06\/Bitcoin-Daily-Chart-June-25.png?w=860 860w, https:\/\/ktsl888.com\/wp-content\/uploads\/2019\/06\/Bitcoin-Daily-Chart-June-25.png?w=750 750w, https:\/\/ktsl888.com\/wp-content\/uploads\/2019\/06\/Bitcoin-Daily-Chart-June-25.png?w=1140 1140w\" sizes=\"(max-width: 1000px) 100vw, 1000px\"><\/p>\n<p>Expectedly, accompanying this resurgence is improving sentiment. Revealing this optimism is increasing volatility and the rapidity of recent advances. As <a href=\"https:\/\/ktsl888.com\/2019\/06\/24\/bitcoin-btc-at-2019-highs-is-it-because-of-the-feds-dovish-stance\/\" target=\"_blank\" rel=\"noopener noreferrer \">BTC<\/a> bull candlesticks band along the upper Bollinger Band (BB), every correction is technically another buying opportunity.<\/p>\n<p>It will remain so as long as prices are trading above the $10,100 mark or June 22 low. At this pace-and coupled with geopolitical events, bulls are firmly in control. In light with increasing participation following the obliteration of the $10,000 resistance level, traders should tune their entries in smaller time frames. After that,targets will be at $12,000 and $15,000 as laid out in previous BTC\/USD trade plans.<\/p>\n<h2>Technical Indicators<\/h2>\n<p>Anchoring this advance is June 22 bull candlestick. Behind it are high trading volumes at 38k, spelling the entry of buyers. Even though participation is picking up, it would be ideal if any surge above critical resistance is at the back of high trading volumes preferably exceeding 38k.<\/p>\n<p><a href=\"https:\/\/www.tradingview.com\/\" rel=\"nofollow\"><em><strong>Chart<\/strong><\/em><\/a><em><strong> courtesy of Trading View. Image Courtesy of Shutterstock<\/strong><\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bitcoin (BTC) rally, adds 23 percent Crypto awareness better than it was two years ago Presently, Bitcoin\u2019s market cap exceeds $200 billion. These are levels last seen 17 months ago, revealing the strength of buyers. From the charts, BTC bulls are solid as buyers aim at $15,000, adding 23 percent week-to-date. Bitcoin Price Analysis Fundamentals It\u2019s a milestone for Bitcoin. Trading at over $11,300, buyers are steadfast. However, beneath all this is BTC\u2019s resilience. If anything, this has been a journey of pure grit and determination. After hitting rock bottom at the height of last year\u2019s crypto freeze, the resurgence has been spectacular. Blistering past resistance zones-now support, at $4,500, $6,000 and recently $10,000, these price spikes are an encouraging sight. For holders, losses of last year have more than halved as prices recover. However, from candlestick arrangement, buoyed mainly by supportive fundamentals, there is more wriggling space for savvy traders. Not only are regulators thawing, understanding that cryptocurrencies are here to stay, but investor awareness is improving. In the US, young adults below 35 years now prefer digital Gold over physical Gold. Although both are making a comeback with the latter breaking away from a five-year trade range, BTC has more potential. It is global, a store of value and is also a settlement layer cutting across borders. Therefore, as Baby Boomers hand over their rightly accrued wealth, fund managers will likely slot part of these billions into BTC, further boosting the digital asset market cap currently standing at over $200 billion. Candlestick Arrangement Expectedly, accompanying this resurgence is improving sentiment. Revealing this optimism is increasing volatility and the rapidity of recent advances. As BTC bull candlesticks band along the upper Bollinger Band (BB), every correction is technically another buying opportunity. It will remain so as long as prices are trading above the $10,100 mark or June 22 low. At this pace-and coupled with geopolitical events, bulls are firmly in control. In light with increasing participation following the obliteration of the $10,000 resistance level, traders should tune their entries in smaller time frames. After that,targets will be at $12,000 and $15,000 as laid out in previous BTC\/USD trade plans. Technical Indicators Anchoring this advance is June 22 bull candlestick. Behind it are high trading volumes at 38k, spelling the entry of buyers. Even though participation is picking up, it would be ideal if any surge above critical resistance is at the back of high trading volumes preferably exceeding 38k. Chart courtesy of Trading View. Image Courtesy of Shutterstock<\/p>\n","protected":false},"author":384,"featured_media":386789,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[3],"tags":[428,1119],"class_list":["post-387463","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-bitcoin","tag-btc"],"acf":[],"yoast_head":"\n<title>Bitcoin (BTC) At Feb 2018 Levels, Investors Readying For $15,000?<\/title>\n<meta name=\"description\" content=\"Bitcoin bulls are in the driving seat at the back drop of improving investors awareness, accepting regulators and a general feel of opportunity.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/ktsl888.com\/news\/bitcoin-feb-2018-levels-investors-readying-15000\/\" 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His analysis wasn't just dry facts and figures; it crackled with insight, dissecting the implications of the partnership and its potential impact on the future of finance. His deep understanding of the financial markets, technological advancements, and blockchain developments has made him a respected voice in the industry. Dalmas is also the founder of BTC-Pulse, a crypto news site, further demonstrating his commitment to the field. He firmly believes that DeFi and NFTs are here to stay and will continue to drive financial inclusion. Coming from Nairobi, Kenya, it is easy to see the source of his inspiration: Across Africa, millions lack access to traditional banks. Remote villages, limited documentation, and high minimum balances create insurmountable barriers. DeFi, not just Maker or Aave, for example, but think of Bitcoin and USDT, cuts out the middleman. Forget banks with their limitations. Even so, DeFi isn't a magic solution. The continent still struggles with reliable internet access, and educational campaigns highlighting the benefits of this wonderful solution are insufficient. Moreover, even for those interested, understanding DeFi can look like learning a new language. Dalmas is here to help make the tech easy to understand and digestible, even for beginners. The story of DeFi in Africa is still being written. Challenges abound, but the promise of a more inclusive financial future is a powerful motivator. With innovation and collaboration, Dalmas firmly believes that DeFi could become the key to unlocking Africa's full economic potential. This possibility and its immense value motivate Dalmas to continue breaking key DeFi innovations and more across the globe. His engineering background further enhances his ability to deliver well-thought-out pieces that blend technical insight with clear, impactful reporting. 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His specialization in NFTs, blockchain, DeFi, and blockchain news for NewsBTC, combined with a background in mechanical engineering and over a decade of experience in journalism, has allowed him to craft over 10,000 news and feature articles over the past eight years. His diverse range of topics, including technology, Forex, and finance, reflects his comprehensive understanding of the crypto landscape. His technical expertise and analytical skills have been recognized and featured by leading news outlets such as Investing.com, CoinTelegraph, Entrepreneur, Forbes, and other authority sites. Notably, he broke key news, including the Ripple and MoneyGram partnership, cementing his position as a thought leader in crypto. The news exploded. Over 100,000 people devoured this meticulously crafted report, from seasoned investors to curious newcomers. His analysis wasn't just dry facts and figures; it crackled with insight, dissecting the implications of the partnership and its potential impact on the future of finance. His deep understanding of the financial markets, technological advancements, and blockchain developments has made him a respected voice in the industry. Dalmas is also the founder of BTC-Pulse, a crypto news site, further demonstrating his commitment to the field. He firmly believes that DeFi and NFTs are here to stay and will continue to drive financial inclusion. Coming from Nairobi, Kenya, it is easy to see the source of his inspiration: Across Africa, millions lack access to traditional banks. Remote villages, limited documentation, and high minimum balances create insurmountable barriers. DeFi, not just Maker or Aave, for example, but think of Bitcoin and USDT, cuts out the middleman. Forget banks with their limitations. Even so, DeFi isn't a magic solution. The continent still struggles with reliable internet access, and educational campaigns highlighting the benefits of this wonderful solution are insufficient. Moreover, even for those interested, understanding DeFi can look like learning a new language. Dalmas is here to help make the tech easy to understand and digestible, even for beginners. The story of DeFi in Africa is still being written. Challenges abound, but the promise of a more inclusive financial future is a powerful motivator. With innovation and collaboration, Dalmas firmly believes that DeFi could become the key to unlocking Africa's full economic potential. This possibility and its immense value motivate Dalmas to continue breaking key DeFi innovations and more across the globe. His engineering background further enhances his ability to deliver well-thought-out pieces that blend technical insight with clear, impactful reporting. Beyond his professional achievements, Dalmas is deeply passionate about technology and politics. Policies drive adoption, and being at the forefront and keeping up with how they evolve is crucial for the sphere to mature. When Dalmas is not closely monitoring the latest crypto events, he can be found in nature, exploring the picturesque countryside, and traveling with his family and friends. His love for adventure and discovery perfectly complements his investigative and reporting skills. You can connect with Dalmas on X: @Dalmas_Ngetich, or contact him on Telegram @Dalmas_Ngetich.","sameAs":["https:\/\/www.linkedin.com\/in\/dalmas-ngetich-40a67a147\/","https:\/\/x.com\/Dalmas_Ngetich"],"url":"https:\/\/ktsl888.com\/author\/dalmasngetich\/"}]}},"parsely":{"version":"1.1.0","meta":{"@context":"https:\/\/schema.org","@type":"NewsArticle","headline":"Bitcoin (BTC) At Early 2018 Levels, Investors Prepping For $15,000?","url":"http:\/\/ktsl888.com\/news\/bitcoin-feb-2018-levels-investors-readying-15000\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/ktsl888.com\/news\/bitcoin-feb-2018-levels-investors-readying-15000\/"},"thumbnailUrl":"https:\/\/ktsl888.com\/wp-content\/uploads\/2019\/06\/shutterstock_770476459.jpg?resize=200%2C200","image":{"@type":"ImageObject","url":"https:\/\/ktsl888.com\/wp-content\/uploads\/2019\/06\/shutterstock_770476459.jpg?fit=1000%2C669"},"articleSection":"Cryptocurrency Market News","author":[{"@type":"Person","name":"Dalmas Ngetich"}],"creator":["Dalmas Ngetich"],"publisher":{"@type":"Organization","name":"NewsBTC","logo":"https:\/\/ktsl888.com\/wp-content\/uploads\/2020\/06\/cropped-cropped-cropped-favicon.png?w=32"},"keywords":["bitcoin","btc"],"dateCreated":"2019-06-25T17:00:18Z","datePublished":"2019-06-25T17:00:18Z","dateModified":"2024-06-11T13:44:36Z"},"rendered":"<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"NewsArticle\",\"headline\":\"Bitcoin (BTC) At Early 2018 Levels, Investors Prepping For $15,000?\",\"url\":\"http:\\\/\\\/ktsl888.com\\\/news\\\/bitcoin-feb-2018-levels-investors-readying-15000\\\/\",\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/ktsl888.com\\\/news\\\/bitcoin-feb-2018-levels-investors-readying-15000\\\/\"},\"thumbnailUrl\":\"https:\\\/\\\/ktsl888.com\\\/wp-content\\\/uploads\\\/2019\\\/06\\\/shutterstock_770476459.jpg?resize=200%2C200\",\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/ktsl888.com\\\/wp-content\\\/uploads\\\/2019\\\/06\\\/shutterstock_770476459.jpg?fit=1000%2C669\"},\"articleSection\":\"Cryptocurrency Market News\",\"author\":[{\"@type\":\"Person\",\"name\":\"Dalmas Ngetich\"}],\"creator\":[\"Dalmas Ngetich\"],\"publisher\":{\"@type\":\"Organization\",\"name\":\"NewsBTC\",\"logo\":\"https:\\\/\\\/ktsl888.com\\\/wp-content\\\/uploads\\\/2020\\\/06\\\/cropped-cropped-cropped-favicon.png?w=32\"},\"keywords\":[\"bitcoin\",\"btc\"],\"dateCreated\":\"2019-06-25T17:00:18Z\",\"datePublished\":\"2019-06-25T17:00:18Z\",\"dateModified\":\"2024-06-11T13:44:36Z\"}<\/script>","tracker_url":"https:\/\/cdn.parsely.com\/keys\/ktsl888.com\/p.js"},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/ktsl888.com\/wp-content\/uploads\/2019\/06\/shutterstock_770476459.jpg?fit=1000%2C669","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/posts\/387463"}],"collection":[{"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/users\/384"}],"replies":[{"embeddable":true,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/comments?post=387463"}],"version-history":[{"count":0,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/posts\/387463\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/media\/386789"}],"wp:attachment":[{"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/media?parent=387463"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/categories?post=387463"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/tags?post=387463"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}