{"id":563221,"date":"2023-11-30T16:00:25","date_gmt":"2023-11-30T16:00:25","guid":{"rendered":"https:\/\/ktsl888.com\/?p=563221"},"modified":"2024-06-11T14:42:39","modified_gmt":"2024-06-11T14:42:39","slug":"bitcoin-whales-ready-to-push-price-above-40000-data-throws-clues","status":"publish","type":"post","link":"https:\/\/ktsl888.com\/news\/bitcoin-whales-ready-to-push-price-above-40000-data-throws-clues\/","title":{"rendered":"Bitcoin Whales Ready To Push Price Above $40,000? Data Throws Clues"},"content":{"rendered":"

The Bitcoin price has been steadily moving around its current range as 2023 comes to an end. Recent data cast light on the current market structure and what could trigger an extension in the bullish momentum. <\/strong><\/p>\n

Related Reading: Rare Signal Predicts Next XRP Price Move: Crypto Analyst<\/a><\/div>\n

As of this writing, Bitcoin (BTC) trades at $37,900 with a 1% loss in the last 24 hours. Over the previous week, the cryptocurrency has traded in the green as other assets recorded small losses, except for Solana (SOL) and Dogecoin (DOGE).<\/p>\n

\"Bitcoin
BTC’s price trends to the upside on the daily chart. Source: BTCUSDT on Tradingview<\/strong><\/a><\/figcaption><\/figure>\n

Big Day For The Bitcoin Price: What Whales Are Planning<\/h2>\n

Data shared by crypto analytics platform Material Indicators shows<\/a> the current state of the orderbook for trading venue Binance. The world’s largest crypto, looking into this orderbook often reveals patterns and clues to anticipate the price action.<\/p>\n

Today, Bitcoin faces two potentially high volatility events: whales will fight over the monthly candle close, and the US will reveal macroeconomic data. Thus, the cryptocurrency could finally break above its current levels or re-test support.<\/p>\n

The data from Material Indicators, as seen on the chart below, shows a spike in buying orders from Bitcoin whales and \u201cmega\u201d whales (Purple and Brown on the chart, respectively). This buying pressure is unlikely to translate into a rally as these investors prioritize market efficiency.<\/p>\n

Thus, they place small orders on exchanges to reduce slippage, leading the price to range. The good news is that this behavior is often positive for the BTC price by attracting, according to Material Indicators, \u201cbid (buy) liquidity.\u201c<\/p>\n

\"Bitcoin
BTC whales and mega whales (purple and brown) buy into the current range. Source: Material Indicators via X<\/figcaption><\/figure>\n

Once there is enough liquidity in the order book, whales can sell their positions and avoid downside slippage. The firm stated:<\/p>\n

The more they attract, the more they can dump while minimizing slippage. Over the past 7 Days, Purple Whales have Market Bought ~$16M of #BTC and in 4 hours distributed ~$42M to the bidders they lured into the range. Regardless of whether you are bullish or bearish, there are #trading opportunities ahead, as this game appears to be on extended play mode.<\/p><\/blockquote>\n

Related Reading: Crypto Analyst Who Sold The Bitcoin Top Reveals How To Buy And Sell At The Perfect Time<\/a><\/div>\n

In that sense, traders should expect further sideways price action as whales and mega whales take over the market. In the meantime, $40,000 and $35,000 are two critical areas that could hint at a change in the current market dynamic.<\/p>\n

Cover image from Unsplash, chart from Tradingview<\/p>\n","protected":false},"excerpt":{"rendered":"

The Bitcoin price has been steadily moving around its current range as 2023 comes to an end. Recent data cast light on the current market structure and what could trigger an extension in the bullish momentum. Related Reading: Rare Signal Predicts Next XRP Price Move: Crypto Analyst As of this writing, Bitcoin (BTC) trades at $37,900 with a 1% loss in the last 24 hours. Over the previous week, the cryptocurrency has traded in the green as other assets recorded small losses, except for Solana (SOL) and Dogecoin (DOGE). Big Day For The Bitcoin Price: What Whales Are Planning Data shared by crypto analytics platform Material Indicators shows the current state of the orderbook for trading venue Binance. The world’s largest crypto, looking into this orderbook often reveals patterns and clues to anticipate the price action. Today, Bitcoin faces two potentially high volatility events: whales will fight over the monthly candle close, and the US will reveal macroeconomic data. Thus, the cryptocurrency could finally break above its current levels or re-test support. The data from Material Indicators, as seen on the chart below, shows a spike in buying orders from Bitcoin whales and \u201cmega\u201d whales (Purple and Brown on the chart, respectively). This buying pressure is unlikely to translate into a rally as these investors prioritize market efficiency. Thus, they place small orders on exchanges to reduce slippage, leading the price to range. The good news is that this behavior is often positive for the BTC price by attracting, according to Material Indicators, \u201cbid (buy) liquidity.\u201c Once there is enough liquidity in the order book, whales can sell their positions and avoid downside slippage. The firm stated: The more they attract, the more they can dump while minimizing slippage. Over the past 7 Days, Purple Whales have Market Bought ~$16M of #BTC and in 4 hours distributed ~$42M to the bidders they lured into the range. Regardless of whether you are bullish or bearish, there are #trading opportunities ahead, as this game appears to be on extended play mode. Related Reading: Crypto Analyst Who Sold The Bitcoin Top Reveals How To Buy And Sell At The Perfect Time In that sense, traders should expect further sideways price action as whales and mega whales take over the market. In the meantime, $40,000 and $35,000 are two critical areas that could hint at a change in the current market dynamic. Cover image from Unsplash, chart from Tradingview<\/p>\n","protected":false},"author":535,"featured_media":563222,"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":[428,6047,680,1119,1122,89713,78790],"class_list":["post-563221","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-bitcoin","tag-bitcoin-price-action","tag-bitcoin-price-analysis","tag-btc","tag-btc-price","tag-btc-price-chart","tag-btcusdt"],"acf":[],"yoast_head":"\nBitcoin Whales Ready To Push Price Above $40,000? Data Throws Clues<\/title>\n<meta name=\"description\" content=\"The Bitcoin price has been moving around its current range as 2023 comes to an end. Recent data cast light on the current market structure.\" \/>\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-whales-ready-to-push-price-above-40000-data-throws-clues\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Bitcoin Whales Ready To Push Price Above $40,000? Data Throws Clues\" \/>\n<meta property=\"og:description\" content=\"The Bitcoin price has been moving around its current range as 2023 comes to an end. Recent data cast light on the current market structure.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/ktsl888.com\/news\/bitcoin-whales-ready-to-push-price-above-40000-data-throws-clues\/\" \/>\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=\"2023-11-30T16:00:25+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-06-11T14:42:39+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/ktsl888.com\/wp-content\/uploads\/2023\/11\/Bitcoin-price-BTC-BTCUSDT-BTC-Price-1.jpg?fit=640%2C427\" \/>\n\t<meta property=\"og:image:width\" content=\"640\" \/>\n\t<meta property=\"og:image:height\" content=\"427\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Reynaldo Marquez\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@rl_m\" \/>\n<meta name=\"twitter:site\" content=\"@newsbtc\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Reynaldo 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:\/\/ktsl888.com\/news\/bitcoin-whales-ready-to-push-price-above-40000-data-throws-clues\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/ktsl888.com\/news\/bitcoin-whales-ready-to-push-price-above-40000-data-throws-clues\/\"},\"author\":{\"name\":\"Reynaldo Marquez\",\"@id\":\"https:\/\/ktsl888.com\/#\/schema\/person\/6b25e0bbb04d6129ebb4d\"},\"headline\":\"Bitcoin Whales Ready To Push Price Above $40,000? Data Throws Clues\",\"datePublished\":\"2023-11-30T16:00:25+00:00\",\"dateModified\":\"2024-06-11T14:42:39+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/ktsl888.com\/news\/bitcoin-whales-ready-to-push-price-above-40000-data-throws-clues\/\"},\"wordCount\":455,\"publisher\":{\"@id\":\"https:\/\/ktsl888.com\/#organization\"},\"image\":{\"@id\":\"https:\/\/ktsl888.com\/news\/bitcoin-whales-ready-to-push-price-above-40000-data-throws-clues\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/ktsl888.com\/wp-content\/uploads\/2023\/11\/Bitcoin-price-BTC-BTCUSDT-BTC-Price-1.jpg?fit=640%2C427\",\"keywords\":[\"bitcoin\",\"Bitcoin Price action\",\"Bitcoin price analysis\",\"btc\",\"btc price\",\"BTC price chart\",\"BTCUSDT\"],\"articleSection\":[\"Cryptocurrency Market News\"],\"inLanguage\":\"en-US\",\"copyrightYear\":\"2023\",\"copyrightHolder\":{\"@id\":\"https:\/\/ktsl888.com\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/ktsl888.com\/news\/bitcoin-whales-ready-to-push-price-above-40000-data-throws-clues\/\",\"url\":\"https:\/\/ktsl888.com\/news\/bitcoin-whales-ready-to-push-price-above-40000-data-throws-clues\/\",\"name\":\"Bitcoin Whales Ready To Push Price Above $40,000? Data Throws Clues\",\"isPartOf\":{\"@id\":\"https:\/\/ktsl888.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/ktsl888.com\/news\/bitcoin-whales-ready-to-push-price-above-40000-data-throws-clues\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/ktsl888.com\/news\/bitcoin-whales-ready-to-push-price-above-40000-data-throws-clues\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/ktsl888.com\/wp-content\/uploads\/2023\/11\/Bitcoin-price-BTC-BTCUSDT-BTC-Price-1.jpg?fit=640%2C427\",\"datePublished\":\"2023-11-30T16:00:25+00:00\",\"dateModified\":\"2024-06-11T14:42:39+00:00\",\"description\":\"The Bitcoin price has been moving around its current range as 2023 comes to an end. Recent data cast light on the current market structure.\",\"breadcrumb\":{\"@id\":\"https:\/\/ktsl888.com\/news\/bitcoin-whales-ready-to-push-price-above-40000-data-throws-clues\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/ktsl888.com\/news\/bitcoin-whales-ready-to-push-price-above-40000-data-throws-clues\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/ktsl888.com\/news\/bitcoin-whales-ready-to-push-price-above-40000-data-throws-clues\/#primaryimage\",\"url\":\"https:\/\/ktsl888.com\/wp-content\/uploads\/2023\/11\/Bitcoin-price-BTC-BTCUSDT-BTC-Price-1.jpg?fit=640%2C427\",\"contentUrl\":\"https:\/\/ktsl888.com\/wp-content\/uploads\/2023\/11\/Bitcoin-price-BTC-BTCUSDT-BTC-Price-1.jpg?fit=640%2C427\",\"width\":640,\"height\":427,\"caption\":\"Image by: Mike Doherty - Unsplash\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/ktsl888.com\/news\/bitcoin-whales-ready-to-push-price-above-40000-data-throws-clues\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/ktsl888.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Bitcoin Whales Ready To Push Price Above $40,000? Data Throws Clues\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/ktsl888.com\/#website\",\"url\":\"https:\/\/ktsl888.com\/\",\"name\":\"NewsBTC\",\"description\":\"Bitcoin & Cryptocurrency News Today\",\"publisher\":{\"@id\":\"https:\/\/ktsl888.com\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/ktsl888.com\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/ktsl888.com\/#organization\",\"name\":\"NewsBTC\",\"url\":\"https:\/\/ktsl888.com\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/ktsl888.com\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/ktsl888.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46\",\"contentUrl\":\"https:\/\/ktsl888.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46\",\"width\":157,\"height\":46,\"caption\":\"NewsBTC\"},\"image\":{\"@id\":\"https:\/\/ktsl888.com\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/www.facebook.com\/newsbtc\",\"https:\/\/x.com\/newsbtc\",\"https:\/\/www.youtube.com\/channel\/UC9v9erBEru5y4c3FA0wehEw\"]},{\"@type\":\"Person\",\"@id\":\"https:\/\/ktsl888.com\/#\/schema\/person\/6b25e0bbb04d6129ebb4d\",\"name\":\"Reynaldo Marquez\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/ktsl888.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/036a3927a22f63e491c08a08c3641ece?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/036a3927a22f63e491c08a08c3641ece?s=96&d=mm&r=g\",\"caption\":\"Reynaldo Marquez\"},\"description\":\"A literature major, Reynaldo M\u00e1rquez has been deeply immersed in the crypto industry since 2017. His journey began with translating articles for various crypto news outlets, a role he took on with zeal. In 2018, amidst a challenging market, he embraced his first writing assignment, demonstrating his unwavering commitment to the nascent industry and the promise of change it bears for many people worldwide. In March 2021, he joined the prestigious crypto news outlet NewsBTC and Bitcoinist, where he not only reported on the latest crypto news but also had the privilege of interviewing some of the industry's most influential figures. A year later, his dedication and hard work were recognized, and he was promoted to Managing Editor, a position he currently holds with pride. He believes in honesty, good communication, hard work, and the power of cryptocurrency and its potential to transform people's lives, especially those alienated by the legacy financial system. Born in 1992 in Venezuela, Reynaldo is familiar with how governments and central banks can negatively affect people, their everyday lives, and their futures by creating inflation and erasing their hopes for a better future. Thus, like many Venezuelans, he embraced this new technology to help him and his family navigate difficult times. In another life, Reynaldo would have pursued a career as an investigator, most likely tracking down the origins of the Cyberpunk movement with the publication of William Gibson\u2019s \u2018Neuromancer.\u2019 The intersection between fiction and reality, with the materialization of Bitcoin in 2009, would have allowed him to dive deep into the crypto sphere as something more than a financial phenomenon but also a cultural shift in society that was brewing since the XX century, and maybe even sooner, in the XIX century with the publication of Henry David Thoreau\u2019s \u2018Civil Disobedience.\u2019 But that\u2019s for another life. In this one, Reynaldo has been trading to improve his trading skills. Since 2023, he has been trying to learn Python to create successful strategies and find ways to execute them. It is a difficult task, which continues to keep him busy today and will most likely continue to keep him busy in the near and long term. In his free time, he enjoys lifting heavy objects, reading, watching movies, and listening to his favorite music. Some of his favorite authors are Walt Whitman, William Faulkner, Allen Ginsberg, James Baldwin, Raymond Carver, Ray Bradbury, George Orwell, Mario Vargas Llosa, Reinaldo Arenas, Rafael Cadenas, and many others. Lately, he has been primarily interested in reading about dystopic societies, a topic that deeply resonates with the crypto industry. Since 2023, he has lived in Spain with his wife. He loves the weather, the food, and the people and their culture. They both expect to travel much more within the country they now call home and beyond its border. He hopes to retire with his wife, maybe in a quiet place near a beach, but most likely in a city close to a library and a university with his kids and, hopefully, grandkids.\",\"sameAs\":[\"https:\/\/www.linkedin.com\/in\/reynaldo-mrquez-2ab111190\/\",\"https:\/\/x.com\/rl_m\"],\"url\":\"https:\/\/ktsl888.com\/author\/reynaldomarquez\/\"}]}<\/script>\n","yoast_head_json":{"title":"Bitcoin Whales Ready To Push Price Above $40,000? Data Throws Clues","description":"The Bitcoin price has been moving around its current range as 2023 comes to an end. Recent data cast light on the current market structure.","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:\/\/ktsl888.com\/news\/bitcoin-whales-ready-to-push-price-above-40000-data-throws-clues\/","og_locale":"en_US","og_type":"article","og_title":"Bitcoin Whales Ready To Push Price Above $40,000? Data Throws Clues","og_description":"The Bitcoin price has been moving around its current range as 2023 comes to an end. Recent data cast light on the current market structure.","og_url":"https:\/\/ktsl888.com\/news\/bitcoin-whales-ready-to-push-price-above-40000-data-throws-clues\/","og_site_name":"NewsBTC","article_publisher":"https:\/\/www.facebook.com\/newsbtc","article_published_time":"2023-11-30T16:00:25+00:00","article_modified_time":"2024-06-11T14:42:39+00:00","og_image":[{"width":640,"height":427,"url":"https:\/\/ktsl888.com\/wp-content\/uploads\/2023\/11\/Bitcoin-price-BTC-BTCUSDT-BTC-Price-1.jpg?fit=640%2C427","type":"image\/jpeg"}],"author":"Reynaldo Marquez","twitter_card":"summary_large_image","twitter_creator":"@rl_m","twitter_site":"@newsbtc","twitter_misc":{"Written by":"Reynaldo Marquez","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"NewsArticle","@id":"https:\/\/ktsl888.com\/news\/bitcoin-whales-ready-to-push-price-above-40000-data-throws-clues\/#article","isPartOf":{"@id":"https:\/\/ktsl888.com\/news\/bitcoin-whales-ready-to-push-price-above-40000-data-throws-clues\/"},"author":{"name":"Reynaldo Marquez","@id":"https:\/\/ktsl888.com\/#\/schema\/person\/6b25e0bbb04d6129ebb4d"},"headline":"Bitcoin Whales Ready To Push Price Above $40,000? Data Throws Clues","datePublished":"2023-11-30T16:00:25+00:00","dateModified":"2024-06-11T14:42:39+00:00","mainEntityOfPage":{"@id":"https:\/\/ktsl888.com\/news\/bitcoin-whales-ready-to-push-price-above-40000-data-throws-clues\/"},"wordCount":455,"publisher":{"@id":"https:\/\/ktsl888.com\/#organization"},"image":{"@id":"https:\/\/ktsl888.com\/news\/bitcoin-whales-ready-to-push-price-above-40000-data-throws-clues\/#primaryimage"},"thumbnailUrl":"https:\/\/ktsl888.com\/wp-content\/uploads\/2023\/11\/Bitcoin-price-BTC-BTCUSDT-BTC-Price-1.jpg?fit=640%2C427","keywords":["bitcoin","Bitcoin Price action","Bitcoin price analysis","btc","btc price","BTC price chart","BTCUSDT"],"articleSection":["Cryptocurrency Market News"],"inLanguage":"en-US","copyrightYear":"2023","copyrightHolder":{"@id":"https:\/\/ktsl888.com\/#organization"}},{"@type":"WebPage","@id":"https:\/\/ktsl888.com\/news\/bitcoin-whales-ready-to-push-price-above-40000-data-throws-clues\/","url":"https:\/\/ktsl888.com\/news\/bitcoin-whales-ready-to-push-price-above-40000-data-throws-clues\/","name":"Bitcoin Whales Ready To Push Price Above $40,000? Data Throws Clues","isPartOf":{"@id":"https:\/\/ktsl888.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/ktsl888.com\/news\/bitcoin-whales-ready-to-push-price-above-40000-data-throws-clues\/#primaryimage"},"image":{"@id":"https:\/\/ktsl888.com\/news\/bitcoin-whales-ready-to-push-price-above-40000-data-throws-clues\/#primaryimage"},"thumbnailUrl":"https:\/\/ktsl888.com\/wp-content\/uploads\/2023\/11\/Bitcoin-price-BTC-BTCUSDT-BTC-Price-1.jpg?fit=640%2C427","datePublished":"2023-11-30T16:00:25+00:00","dateModified":"2024-06-11T14:42:39+00:00","description":"The Bitcoin price has been moving around its current range as 2023 comes to an end. Recent data cast light on the current market structure.","breadcrumb":{"@id":"https:\/\/ktsl888.com\/news\/bitcoin-whales-ready-to-push-price-above-40000-data-throws-clues\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/ktsl888.com\/news\/bitcoin-whales-ready-to-push-price-above-40000-data-throws-clues\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/ktsl888.com\/news\/bitcoin-whales-ready-to-push-price-above-40000-data-throws-clues\/#primaryimage","url":"https:\/\/ktsl888.com\/wp-content\/uploads\/2023\/11\/Bitcoin-price-BTC-BTCUSDT-BTC-Price-1.jpg?fit=640%2C427","contentUrl":"https:\/\/ktsl888.com\/wp-content\/uploads\/2023\/11\/Bitcoin-price-BTC-BTCUSDT-BTC-Price-1.jpg?fit=640%2C427","width":640,"height":427,"caption":"Image by: Mike Doherty - Unsplash"},{"@type":"BreadcrumbList","@id":"https:\/\/ktsl888.com\/news\/bitcoin-whales-ready-to-push-price-above-40000-data-throws-clues\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/ktsl888.com\/"},{"@type":"ListItem","position":2,"name":"Bitcoin Whales Ready To Push Price Above $40,000? Data Throws Clues"}]},{"@type":"WebSite","@id":"https:\/\/ktsl888.com\/#website","url":"https:\/\/ktsl888.com\/","name":"NewsBTC","description":"Bitcoin & Cryptocurrency News Today","publisher":{"@id":"https:\/\/ktsl888.com\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/ktsl888.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/ktsl888.com\/#organization","name":"NewsBTC","url":"https:\/\/ktsl888.com\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/ktsl888.com\/#\/schema\/logo\/image\/","url":"https:\/\/ktsl888.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46","contentUrl":"https:\/\/ktsl888.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46","width":157,"height":46,"caption":"NewsBTC"},"image":{"@id":"https:\/\/ktsl888.com\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/newsbtc","https:\/\/x.com\/newsbtc","https:\/\/www.youtube.com\/channel\/UC9v9erBEru5y4c3FA0wehEw"]},{"@type":"Person","@id":"https:\/\/ktsl888.com\/#\/schema\/person\/6b25e0bbb04d6129ebb4d","name":"Reynaldo Marquez","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/ktsl888.com\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/036a3927a22f63e491c08a08c3641ece?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/036a3927a22f63e491c08a08c3641ece?s=96&d=mm&r=g","caption":"Reynaldo Marquez"},"description":"A literature major, Reynaldo M\u00e1rquez has been deeply immersed in the crypto industry since 2017. His journey began with translating articles for various crypto news outlets, a role he took on with zeal. In 2018, amidst a challenging market, he embraced his first writing assignment, demonstrating his unwavering commitment to the nascent industry and the promise of change it bears for many people worldwide. In March 2021, he joined the prestigious crypto news outlet NewsBTC and Bitcoinist, where he not only reported on the latest crypto news but also had the privilege of interviewing some of the industry's most influential figures. A year later, his dedication and hard work were recognized, and he was promoted to Managing Editor, a position he currently holds with pride. He believes in honesty, good communication, hard work, and the power of cryptocurrency and its potential to transform people's lives, especially those alienated by the legacy financial system. Born in 1992 in Venezuela, Reynaldo is familiar with how governments and central banks can negatively affect people, their everyday lives, and their futures by creating inflation and erasing their hopes for a better future. Thus, like many Venezuelans, he embraced this new technology to help him and his family navigate difficult times. In another life, Reynaldo would have pursued a career as an investigator, most likely tracking down the origins of the Cyberpunk movement with the publication of William Gibson\u2019s \u2018Neuromancer.\u2019 The intersection between fiction and reality, with the materialization of Bitcoin in 2009, would have allowed him to dive deep into the crypto sphere as something more than a financial phenomenon but also a cultural shift in society that was brewing since the XX century, and maybe even sooner, in the XIX century with the publication of Henry David Thoreau\u2019s \u2018Civil Disobedience.\u2019 But that\u2019s for another life. In this one, Reynaldo has been trading to improve his trading skills. Since 2023, he has been trying to learn Python to create successful strategies and find ways to execute them. It is a difficult task, which continues to keep him busy today and will most likely continue to keep him busy in the near and long term. In his free time, he enjoys lifting heavy objects, reading, watching movies, and listening to his favorite music. Some of his favorite authors are Walt Whitman, William Faulkner, Allen Ginsberg, James Baldwin, Raymond Carver, Ray Bradbury, George Orwell, Mario Vargas Llosa, Reinaldo Arenas, Rafael Cadenas, and many others. Lately, he has been primarily interested in reading about dystopic societies, a topic that deeply resonates with the crypto industry. Since 2023, he has lived in Spain with his wife. He loves the weather, the food, and the people and their culture. They both expect to travel much more within the country they now call home and beyond its border. He hopes to retire with his wife, maybe in a quiet place near a beach, but most likely in a city close to a library and a university with his kids and, hopefully, grandkids.","sameAs":["https:\/\/www.linkedin.com\/in\/reynaldo-mrquez-2ab111190\/","https:\/\/x.com\/rl_m"],"url":"https:\/\/ktsl888.com\/author\/reynaldomarquez\/"}]}},"parsely":{"version":"1.1.0","meta":{"@context":"https:\/\/schema.org","@type":"NewsArticle","headline":"Bitcoin Whales Ready To Push Price Above $40,000? Data Throws Clues","url":"http:\/\/ktsl888.com\/news\/bitcoin-whales-ready-to-push-price-above-40000-data-throws-clues\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/ktsl888.com\/news\/bitcoin-whales-ready-to-push-price-above-40000-data-throws-clues\/"},"thumbnailUrl":"https:\/\/ktsl888.com\/wp-content\/uploads\/2023\/11\/Bitcoin-price-BTC-BTCUSDT-BTC-Price-1.jpg?resize=200%2C200","image":{"@type":"ImageObject","url":"https:\/\/ktsl888.com\/wp-content\/uploads\/2023\/11\/Bitcoin-price-BTC-BTCUSDT-BTC-Price-1.jpg?fit=640%2C427"},"articleSection":"Cryptocurrency Market News","author":[{"@type":"Person","name":"Reynaldo Marquez"}],"creator":["Reynaldo Marquez"],"publisher":{"@type":"Organization","name":"NewsBTC","logo":"https:\/\/ktsl888.com\/wp-content\/uploads\/2020\/06\/cropped-cropped-cropped-favicon.png?w=32"},"keywords":["bitcoin","bitcoin price action","bitcoin price analysis","btc","btc price","btc price chart","btcusdt"],"dateCreated":"2023-11-30T16:00:25Z","datePublished":"2023-11-30T16:00:25Z","dateModified":"2024-06-11T14:42:39Z"},"rendered":"<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"NewsArticle\",\"headline\":\"Bitcoin Whales Ready To Push Price Above $40,000? Data Throws Clues\",\"url\":\"http:\\\/\\\/ktsl888.com\\\/news\\\/bitcoin-whales-ready-to-push-price-above-40000-data-throws-clues\\\/\",\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/ktsl888.com\\\/news\\\/bitcoin-whales-ready-to-push-price-above-40000-data-throws-clues\\\/\"},\"thumbnailUrl\":\"https:\\\/\\\/ktsl888.com\\\/wp-content\\\/uploads\\\/2023\\\/11\\\/Bitcoin-price-BTC-BTCUSDT-BTC-Price-1.jpg?resize=200%2C200\",\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/ktsl888.com\\\/wp-content\\\/uploads\\\/2023\\\/11\\\/Bitcoin-price-BTC-BTCUSDT-BTC-Price-1.jpg?fit=640%2C427\"},\"articleSection\":\"Cryptocurrency Market News\",\"author\":[{\"@type\":\"Person\",\"name\":\"Reynaldo Marquez\"}],\"creator\":[\"Reynaldo Marquez\"],\"publisher\":{\"@type\":\"Organization\",\"name\":\"NewsBTC\",\"logo\":\"https:\\\/\\\/ktsl888.com\\\/wp-content\\\/uploads\\\/2020\\\/06\\\/cropped-cropped-cropped-favicon.png?w=32\"},\"keywords\":[\"bitcoin\",\"bitcoin price action\",\"bitcoin price analysis\",\"btc\",\"btc price\",\"btc price chart\",\"btcusdt\"],\"dateCreated\":\"2023-11-30T16:00:25Z\",\"datePublished\":\"2023-11-30T16:00:25Z\",\"dateModified\":\"2024-06-11T14:42:39Z\"}<\/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\/2023\/11\/Bitcoin-price-BTC-BTCUSDT-BTC-Price-1.jpg?fit=640%2C427","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/posts\/563221"}],"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\/535"}],"replies":[{"embeddable":true,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/comments?post=563221"}],"version-history":[{"count":0,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/posts\/563221\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/media\/563222"}],"wp:attachment":[{"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/media?parent=563221"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/categories?post=563221"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/tags?post=563221"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}