{"id":609502,"date":"2024-05-24T04:00:07","date_gmt":"2024-05-24T04:00:07","guid":{"rendered":"https:\/\/ktsl888.com\/?p=609502"},"modified":"2024-06-11T07:09:54","modified_gmt":"2024-06-11T07:09:54","slug":"analyst-says-time-before-bitcoin-flies-past-ath","status":"publish","type":"post","link":"https:\/\/ktsl888.com\/news\/analyst-says-time-before-bitcoin-flies-past-ath\/","title":{"rendered":"Analyst Says “Only A Matter Of Time” Before Bitcoin Flies Past ATH"},"content":{"rendered":"

An analyst explained how Bitcoin’s availability for trading has quietly declined during the asset’s recent consolidation phase.<\/p>\n

Bitcoin May Be In A Good Position To Set New All-Time Highs<\/h2>\n

In a new post<\/a> on X, analyst Willy Woo discusses the recent trend in the Bitcoin inventory sitting on centralized exchange platforms<\/a>.<\/p>\n

Related Reading: Is $77,600 The Next Step For Bitcoin? On-Chain Pricing Model Hints So<\/a><\/div>\n

The chart below shows how the spot and paper BTC reserves have changed over the past few years.<\/p>\n

\"Bitcoin
Looks like both of these metrics have registered a decline recently | Source: @woonomic on X<\/a><\/figcaption><\/figure>\n

As the graph shows, the Bitcoin sitting in spot wallets has been declining over the last couple of months. The total amount of such BTC in the custody of central entities has now dropped to just 2.3 million.<\/p>\n

It’s also apparent that the total sum of the spot and “paper” BTC (highlighted in purple) has declined at the same time. Paper BTC here refers to derivatives products related to cryptocurrency that don’t actually require\u00a0investors to own the asset.<\/p>\n

Thus, given that the combined sum of the exchange inventory has gone down for the cryptocurrency, it would appear that the decrease in the spot BTC isn’t because paper BTC has replaced it.<\/p>\n

Generally, the supply of exchanges is considered part of the Bitcoin supply, which is “available” for trading. As such, due to how supply-demand dynamics work, less of this available supply may be a constructive sign for the cryptocurrency.<\/p>\n

From the graph, it’s visible that this decline in the exchange inventory has come during a period where the price of the cryptocurrency has struggled after setting a new all-time high (ATH). As Woo notes,<\/p>\n

While everyone was freaking out that Bitcoin<\/span>\u00a0price was not rising the last 2 months, available BTC was quietly being scooped up, and importantly without paper BTC printed in its place.<\/span><\/p><\/blockquote>\n

Thus, the fact that the available supply has gone down during such a period could be a bullish sign for the coin. “It’s only a matter of time before BTC squeezes past all-time highs,” says the analyst.<\/p>\n

Related Reading: Ethereum Whales Come Alive: Are They Buying Or Selling?<\/a><\/div>\n

In another X post<\/a>, Woo also discussed how capital inflows into Bitcoin have just started to pick up again after registering a steep drop earlier.<\/p>\n

\"Bitcoin
The value of the metric appears to have been rising in recent days | Source: @woonomic on X<\/a><\/figcaption><\/figure>\n

As the chart shows, network inflows spiked alongside the all-time high, but they observed a major slowdown in the consolidation that followed.<\/p>\n

The inflows from spot exchange-traded funds (ETFs)<\/a>, highlighted in light green, also disappeared earlier, but they have now made a comeback alongside these fresh capital inflows.<\/p>\n

BTC Price<\/h2>\n

Bitcoin had recovered as high as $71,000 earlier but appears to have slipped off over the last few days as it has now returned below the $68,000 level.<\/p>\n

\"Bitcoin
The price of the asset seems to have plunged during the past 24 hours | Source: BTCUSD on TradingView<\/a><\/figcaption><\/figure>\n
Featured image from Shutterstock.com, woocharts.com, chart from TradingView.com<\/div>\n","protected":false},"excerpt":{"rendered":"

An analyst explained how Bitcoin’s availability for trading has quietly declined during the asset’s recent consolidation phase. Bitcoin May Be In A Good Position To Set New All-Time Highs In a new post on X, analyst Willy Woo discusses the recent trend in the Bitcoin inventory sitting on centralized exchange platforms. Related Reading: Is $77,600 The Next Step For Bitcoin? On-Chain Pricing Model Hints So The chart below shows how the spot and paper BTC reserves have changed over the past few years. As the graph shows, the Bitcoin sitting in spot wallets has been declining over the last couple of months. The total amount of such BTC in the custody of central entities has now dropped to just 2.3 million. It’s also apparent that the total sum of the spot and “paper” BTC (highlighted in purple) has declined at the same time. Paper BTC here refers to derivatives products related to cryptocurrency that don’t actually require\u00a0investors to own the asset. Thus, given that the combined sum of the exchange inventory has gone down for the cryptocurrency, it would appear that the decrease in the spot BTC isn’t because paper BTC has replaced it. Generally, the supply of exchanges is considered part of the Bitcoin supply, which is “available” for trading. As such, due to how supply-demand dynamics work, less of this available supply may be a constructive sign for the cryptocurrency. From the graph, it’s visible that this decline in the exchange inventory has come during a period where the price of the cryptocurrency has struggled after setting a new all-time high (ATH). As Woo notes, While everyone was freaking out that Bitcoin\u00a0price was not rising the last 2 months, available BTC was quietly being scooped up, and importantly without paper BTC printed in its place. Thus, the fact that the available supply has gone down during such a period could be a bullish sign for the coin. “It’s only a matter of time before BTC squeezes past all-time highs,” says the analyst. Related Reading: Ethereum Whales Come Alive: Are They Buying Or Selling? In another X post, Woo also discussed how capital inflows into Bitcoin have just started to pick up again after registering a steep drop earlier. As the chart shows, network inflows spiked alongside the all-time high, but they observed a major slowdown in the consolidation that followed. The inflows from spot exchange-traded funds (ETFs), highlighted in light green, also disappeared earlier, but they have now made a comeback alongside these fresh capital inflows. BTC Price Bitcoin had recovered as high as $71,000 earlier but appears to have slipped off over the last few days as it has now returned below the $68,000 level. Featured image from Shutterstock.com, woocharts.com, chart from TradingView.com<\/p>\n","protected":false},"author":542,"featured_media":609541,"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":[428,11650,11680,85003,6481,89523,1119,1144],"class_list":["post-609502","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-bitcoin","tag-bitcoin-all-time-high","tag-bitcoin-bullish","tag-bitcoin-exchange-supply","tag-bitcoin-rally","tag-bitcoin-surge","tag-btc","tag-btcusd"],"acf":[],"yoast_head":"\nAnalyst Says "Only A Matter Of Time" Before Bitcoin Flies Past ATH<\/title>\n<meta name=\"description\" content=\"An analyst has explained how the Bitcoin available for trading has quietly been going down during the asset's recent phase of consolidation.\" \/>\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\/analyst-says-time-before-bitcoin-flies-past-ath\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Analyst Says "Only A Matter Of Time" Before Bitcoin Flies Past ATH\" \/>\n<meta property=\"og:description\" content=\"An analyst has explained how the Bitcoin available for trading has quietly been going down during the asset's recent phase of consolidation.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/ktsl888.com\/news\/analyst-says-time-before-bitcoin-flies-past-ath\/\" \/>\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=\"2024-05-24T04:00:07+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-06-11T07:09:54+00:00\" \/>\n<meta name=\"author\" content=\"Keshav Verma\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:image\" content=\"https:\/\/ktsl888.com\/wp-content\/uploads\/2024\/05\/shutterstock_1697879809.jpg?fit=7360%2C4912\" \/>\n<meta name=\"twitter:creator\" content=\"@https:\/\/twitter.com\/keshavvarma29\" \/>\n<meta name=\"twitter:site\" content=\"@newsbtc\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Keshav Verma\" \/>\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\/analyst-says-time-before-bitcoin-flies-past-ath\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/ktsl888.com\/news\/analyst-says-time-before-bitcoin-flies-past-ath\/\"},\"author\":{\"name\":\"Keshav Verma\",\"@id\":\"https:\/\/ktsl888.com\/#\/schema\/person\/bdb6d57b7ea5cc00981204795656d1a6\"},\"headline\":\"Analyst Says “Only A Matter Of Time” Before Bitcoin Flies Past ATH\",\"datePublished\":\"2024-05-24T04:00:07+00:00\",\"dateModified\":\"2024-06-11T07:09:54+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/ktsl888.com\/news\/analyst-says-time-before-bitcoin-flies-past-ath\/\"},\"wordCount\":542,\"publisher\":{\"@id\":\"https:\/\/ktsl888.com\/#organization\"},\"image\":{\"@id\":\"https:\/\/ktsl888.com\/news\/analyst-says-time-before-bitcoin-flies-past-ath\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/ktsl888.com\/wp-content\/uploads\/2024\/05\/shutterstock_1697879809.jpg?fit=7360%2C4912\",\"keywords\":[\"bitcoin\",\"Bitcoin all-time high\",\"Bitcoin Bullish\",\"Bitcoin Exchange Supply\",\"bitcoin rally\",\"Bitcoin Surge\",\"btc\",\"btcusd\"],\"articleSection\":[\"Cryptocurrency Market News\"],\"inLanguage\":\"en-US\",\"copyrightYear\":\"2024\",\"copyrightHolder\":{\"@id\":\"https:\/\/ktsl888.com\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/ktsl888.com\/news\/analyst-says-time-before-bitcoin-flies-past-ath\/\",\"url\":\"https:\/\/ktsl888.com\/news\/analyst-says-time-before-bitcoin-flies-past-ath\/\",\"name\":\"Analyst Says \\\"Only A Matter Of Time\\\" Before Bitcoin Flies Past ATH\",\"isPartOf\":{\"@id\":\"https:\/\/ktsl888.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/ktsl888.com\/news\/analyst-says-time-before-bitcoin-flies-past-ath\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/ktsl888.com\/news\/analyst-says-time-before-bitcoin-flies-past-ath\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/ktsl888.com\/wp-content\/uploads\/2024\/05\/shutterstock_1697879809.jpg?fit=7360%2C4912\",\"datePublished\":\"2024-05-24T04:00:07+00:00\",\"dateModified\":\"2024-06-11T07:09:54+00:00\",\"description\":\"An analyst has explained how the Bitcoin available for trading has quietly been going down during the asset's recent phase of consolidation.\",\"breadcrumb\":{\"@id\":\"https:\/\/ktsl888.com\/news\/analyst-says-time-before-bitcoin-flies-past-ath\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/ktsl888.com\/news\/analyst-says-time-before-bitcoin-flies-past-ath\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/ktsl888.com\/news\/analyst-says-time-before-bitcoin-flies-past-ath\/#primaryimage\",\"url\":\"https:\/\/ktsl888.com\/wp-content\/uploads\/2024\/05\/shutterstock_1697879809.jpg?fit=7360%2C4912\",\"contentUrl\":\"https:\/\/ktsl888.com\/wp-content\/uploads\/2024\/05\/shutterstock_1697879809.jpg?fit=7360%2C4912\",\"width\":7360,\"height\":4912,\"caption\":\"Bitcoin Bull\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/ktsl888.com\/news\/analyst-says-time-before-bitcoin-flies-past-ath\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/ktsl888.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Analyst Says “Only A Matter Of Time” Before Bitcoin Flies Past ATH\"}]},{\"@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\/bdb6d57b7ea5cc00981204795656d1a6\",\"name\":\"Keshav Verma\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/ktsl888.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/3d9c67b0b4a94fb480d44f29de96266e?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/3d9c67b0b4a94fb480d44f29de96266e?s=96&d=mm&r=g\",\"caption\":\"Keshav Verma\"},\"description\":\"Keshav is currently a senior writer at NewsBTC and has been attached to the website since June 14, 2021. Keshav has been writing for many years, first as a hobbyist and later as a freelancer. He has experience working in a variety of niches, even fiction at one point, but the cryptocurrency industry has been the longest he has been attached to. In terms of official educational qualifications, Keshav holds a bachelor\u2019s degree in Physics from one of the premier institutes of India, the University of Delhi (DU). He started the degree with an aim of eventually making a career in Physics, but the onset of COVID led to a shift in plans. The virus meant that the college classes had to be delivered in the online-mode and with it came free time for him to explore other passions. Initially only seeking to make some beer money, Keshav unexpectedly landed clients offering real projects, after which there was no looking back. Writing was something he had always enjoyed and to be able to do it for a living was like a dream come true. Keshav completed his Physics degree in 2022 and has been focusing on his writing career since, but that doesn\u2019t mean his passion for Physics has ended. He eventually plans to re-enter university to obtain a masters degree in the same field, but perhaps only to satiate his own interest rather than for using it as a means to find employment.. Keshav has found blockchain and its concepts fascinating ever since he started going down the rabbit-hole back in 2020. On-chain analysis in particular has been something he likes to research more about, which is why his NewsBTC pieces tend to involve it in some form. Being of the science background, Keshav likes if concepts are clear and consistent, so he generally explains the indicators he talks about in a bit of detail so that the readers can perhaps come out having understood and learnt something new. As for hobbies, Keshav is super into football, anime, and videogames. He enjoys football not only as a watcher, but also as a player. For games, Keshav generally tends towards enjoying singleplayer adventures, with EA FC (formerly FIFA) being the only online game he is active in. Though, perhaps due to being ultra-focused on the game, he is today a semi-pro on the EA FC scene, regularly participating in tournaments and sometimes even taking back prize money. Because of his enthusiasm for anime and games, he also self-learned Japanese along the way to consume some of the untranslated gems out there. The skill didn\u2019t merely remain as just a hobby, either, as he put it to productive use during his exploration for small-time gigs at the start of COVID, fulfilling a couple of Japanese-to-English translation jobs. Keshav is also big into fitness, with agility and acceleration-related workouts making a big part of his program due to the relevance they have in football. On top of that, he also has a more traditional strength based program for the gym, which he does to maintain an overall fitness level of his body.\",\"sameAs\":[\"https:\/\/www.linkedin.com\/in\/keshavverma29\/\",\"https:\/\/x.com\/https:\/\/twitter.com\/keshavvarma29\"],\"url\":\"https:\/\/ktsl888.com\/author\/hououinkyouma29\/\"}]}<\/script>\n","yoast_head_json":{"title":"Analyst Says \"Only A Matter Of Time\" Before Bitcoin Flies Past ATH","description":"An analyst has explained how the Bitcoin available for trading has quietly been going down during the asset's recent phase of consolidation.","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\/analyst-says-time-before-bitcoin-flies-past-ath\/","og_locale":"en_US","og_type":"article","og_title":"Analyst Says \"Only A Matter Of Time\" Before Bitcoin Flies Past ATH","og_description":"An analyst has explained how the Bitcoin available for trading has quietly been going down during the asset's recent phase of consolidation.","og_url":"https:\/\/ktsl888.com\/news\/analyst-says-time-before-bitcoin-flies-past-ath\/","og_site_name":"NewsBTC","article_publisher":"https:\/\/www.facebook.com\/newsbtc","article_published_time":"2024-05-24T04:00:07+00:00","article_modified_time":"2024-06-11T07:09:54+00:00","author":"Keshav Verma","twitter_card":"summary_large_image","twitter_image":"https:\/\/ktsl888.com\/wp-content\/uploads\/2024\/05\/shutterstock_1697879809.jpg?fit=7360%2C4912","twitter_creator":"@https:\/\/twitter.com\/keshavvarma29","twitter_site":"@newsbtc","twitter_misc":{"Written by":"Keshav Verma","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"NewsArticle","@id":"https:\/\/ktsl888.com\/news\/analyst-says-time-before-bitcoin-flies-past-ath\/#article","isPartOf":{"@id":"https:\/\/ktsl888.com\/news\/analyst-says-time-before-bitcoin-flies-past-ath\/"},"author":{"name":"Keshav Verma","@id":"https:\/\/ktsl888.com\/#\/schema\/person\/bdb6d57b7ea5cc00981204795656d1a6"},"headline":"Analyst Says “Only A Matter Of Time” Before Bitcoin Flies Past ATH","datePublished":"2024-05-24T04:00:07+00:00","dateModified":"2024-06-11T07:09:54+00:00","mainEntityOfPage":{"@id":"https:\/\/ktsl888.com\/news\/analyst-says-time-before-bitcoin-flies-past-ath\/"},"wordCount":542,"publisher":{"@id":"https:\/\/ktsl888.com\/#organization"},"image":{"@id":"https:\/\/ktsl888.com\/news\/analyst-says-time-before-bitcoin-flies-past-ath\/#primaryimage"},"thumbnailUrl":"https:\/\/ktsl888.com\/wp-content\/uploads\/2024\/05\/shutterstock_1697879809.jpg?fit=7360%2C4912","keywords":["bitcoin","Bitcoin all-time high","Bitcoin Bullish","Bitcoin Exchange Supply","bitcoin rally","Bitcoin Surge","btc","btcusd"],"articleSection":["Cryptocurrency Market News"],"inLanguage":"en-US","copyrightYear":"2024","copyrightHolder":{"@id":"https:\/\/ktsl888.com\/#organization"}},{"@type":"WebPage","@id":"https:\/\/ktsl888.com\/news\/analyst-says-time-before-bitcoin-flies-past-ath\/","url":"https:\/\/ktsl888.com\/news\/analyst-says-time-before-bitcoin-flies-past-ath\/","name":"Analyst Says \"Only A Matter Of Time\" Before Bitcoin Flies Past ATH","isPartOf":{"@id":"https:\/\/ktsl888.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/ktsl888.com\/news\/analyst-says-time-before-bitcoin-flies-past-ath\/#primaryimage"},"image":{"@id":"https:\/\/ktsl888.com\/news\/analyst-says-time-before-bitcoin-flies-past-ath\/#primaryimage"},"thumbnailUrl":"https:\/\/ktsl888.com\/wp-content\/uploads\/2024\/05\/shutterstock_1697879809.jpg?fit=7360%2C4912","datePublished":"2024-05-24T04:00:07+00:00","dateModified":"2024-06-11T07:09:54+00:00","description":"An analyst has explained how the Bitcoin available for trading has quietly been going down during the asset's recent phase of consolidation.","breadcrumb":{"@id":"https:\/\/ktsl888.com\/news\/analyst-says-time-before-bitcoin-flies-past-ath\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/ktsl888.com\/news\/analyst-says-time-before-bitcoin-flies-past-ath\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/ktsl888.com\/news\/analyst-says-time-before-bitcoin-flies-past-ath\/#primaryimage","url":"https:\/\/ktsl888.com\/wp-content\/uploads\/2024\/05\/shutterstock_1697879809.jpg?fit=7360%2C4912","contentUrl":"https:\/\/ktsl888.com\/wp-content\/uploads\/2024\/05\/shutterstock_1697879809.jpg?fit=7360%2C4912","width":7360,"height":4912,"caption":"Bitcoin Bull"},{"@type":"BreadcrumbList","@id":"https:\/\/ktsl888.com\/news\/analyst-says-time-before-bitcoin-flies-past-ath\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/ktsl888.com\/"},{"@type":"ListItem","position":2,"name":"Analyst Says “Only A Matter Of Time” Before Bitcoin Flies Past ATH"}]},{"@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\/bdb6d57b7ea5cc00981204795656d1a6","name":"Keshav Verma","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/ktsl888.com\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/3d9c67b0b4a94fb480d44f29de96266e?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/3d9c67b0b4a94fb480d44f29de96266e?s=96&d=mm&r=g","caption":"Keshav Verma"},"description":"Keshav is currently a senior writer at NewsBTC and has been attached to the website since June 14, 2021. Keshav has been writing for many years, first as a hobbyist and later as a freelancer. He has experience working in a variety of niches, even fiction at one point, but the cryptocurrency industry has been the longest he has been attached to. In terms of official educational qualifications, Keshav holds a bachelor\u2019s degree in Physics from one of the premier institutes of India, the University of Delhi (DU). He started the degree with an aim of eventually making a career in Physics, but the onset of COVID led to a shift in plans. The virus meant that the college classes had to be delivered in the online-mode and with it came free time for him to explore other passions. Initially only seeking to make some beer money, Keshav unexpectedly landed clients offering real projects, after which there was no looking back. Writing was something he had always enjoyed and to be able to do it for a living was like a dream come true. Keshav completed his Physics degree in 2022 and has been focusing on his writing career since, but that doesn\u2019t mean his passion for Physics has ended. He eventually plans to re-enter university to obtain a masters degree in the same field, but perhaps only to satiate his own interest rather than for using it as a means to find employment.. Keshav has found blockchain and its concepts fascinating ever since he started going down the rabbit-hole back in 2020. On-chain analysis in particular has been something he likes to research more about, which is why his NewsBTC pieces tend to involve it in some form. Being of the science background, Keshav likes if concepts are clear and consistent, so he generally explains the indicators he talks about in a bit of detail so that the readers can perhaps come out having understood and learnt something new. As for hobbies, Keshav is super into football, anime, and videogames. He enjoys football not only as a watcher, but also as a player. For games, Keshav generally tends towards enjoying singleplayer adventures, with EA FC (formerly FIFA) being the only online game he is active in. Though, perhaps due to being ultra-focused on the game, he is today a semi-pro on the EA FC scene, regularly participating in tournaments and sometimes even taking back prize money. Because of his enthusiasm for anime and games, he also self-learned Japanese along the way to consume some of the untranslated gems out there. The skill didn\u2019t merely remain as just a hobby, either, as he put it to productive use during his exploration for small-time gigs at the start of COVID, fulfilling a couple of Japanese-to-English translation jobs. Keshav is also big into fitness, with agility and acceleration-related workouts making a big part of his program due to the relevance they have in football. On top of that, he also has a more traditional strength based program for the gym, which he does to maintain an overall fitness level of his body.","sameAs":["https:\/\/www.linkedin.com\/in\/keshavverma29\/","https:\/\/x.com\/https:\/\/twitter.com\/keshavvarma29"],"url":"https:\/\/ktsl888.com\/author\/hououinkyouma29\/"}]}},"parsely":{"version":"1.1.0","meta":{"@context":"https:\/\/schema.org","@type":"NewsArticle","headline":"Analyst Says “Only A Matter Of Time” Before Bitcoin Flies Past ATH","url":"http:\/\/ktsl888.com\/news\/analyst-says-time-before-bitcoin-flies-past-ath\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/ktsl888.com\/news\/analyst-says-time-before-bitcoin-flies-past-ath\/"},"thumbnailUrl":"https:\/\/ktsl888.com\/wp-content\/uploads\/2024\/05\/shutterstock_1697879809.jpg?resize=200%2C200","image":{"@type":"ImageObject","url":"https:\/\/ktsl888.com\/wp-content\/uploads\/2024\/05\/shutterstock_1697879809.jpg?fit=7360%2C4912"},"articleSection":"Cryptocurrency Market News","author":[{"@type":"Person","name":"Keshav Verma"}],"creator":["Keshav Verma"],"publisher":{"@type":"Organization","name":"NewsBTC","logo":"https:\/\/ktsl888.com\/wp-content\/uploads\/2020\/06\/cropped-cropped-cropped-favicon.png?w=32"},"keywords":["bitcoin","bitcoin all-time high","bitcoin bullish","bitcoin exchange supply","bitcoin rally","bitcoin surge","btc","btcusd"],"dateCreated":"2024-05-24T04:00:07Z","datePublished":"2024-05-24T04:00:07Z","dateModified":"2024-06-11T07:09:54Z"},"rendered":"<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"NewsArticle\",\"headline\":\"Analyst Says “Only A Matter Of Time” Before Bitcoin Flies Past ATH\",\"url\":\"http:\\\/\\\/ktsl888.com\\\/news\\\/analyst-says-time-before-bitcoin-flies-past-ath\\\/\",\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/ktsl888.com\\\/news\\\/analyst-says-time-before-bitcoin-flies-past-ath\\\/\"},\"thumbnailUrl\":\"https:\\\/\\\/ktsl888.com\\\/wp-content\\\/uploads\\\/2024\\\/05\\\/shutterstock_1697879809.jpg?resize=200%2C200\",\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/ktsl888.com\\\/wp-content\\\/uploads\\\/2024\\\/05\\\/shutterstock_1697879809.jpg?fit=7360%2C4912\"},\"articleSection\":\"Cryptocurrency Market News\",\"author\":[{\"@type\":\"Person\",\"name\":\"Keshav Verma\"}],\"creator\":[\"Keshav Verma\"],\"publisher\":{\"@type\":\"Organization\",\"name\":\"NewsBTC\",\"logo\":\"https:\\\/\\\/ktsl888.com\\\/wp-content\\\/uploads\\\/2020\\\/06\\\/cropped-cropped-cropped-favicon.png?w=32\"},\"keywords\":[\"bitcoin\",\"bitcoin all-time high\",\"bitcoin bullish\",\"bitcoin exchange supply\",\"bitcoin rally\",\"bitcoin surge\",\"btc\",\"btcusd\"],\"dateCreated\":\"2024-05-24T04:00:07Z\",\"datePublished\":\"2024-05-24T04:00:07Z\",\"dateModified\":\"2024-06-11T07:09:54Z\"}<\/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\/2024\/05\/shutterstock_1697879809.jpg?fit=7360%2C4912","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/posts\/609502"}],"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\/542"}],"replies":[{"embeddable":true,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/comments?post=609502"}],"version-history":[{"count":0,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/posts\/609502\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/media\/609541"}],"wp:attachment":[{"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/media?parent=609502"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/categories?post=609502"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/tags?post=609502"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}