{"id":247117,"date":"2022-07-20T04:00:36","date_gmt":"2022-07-19T22:30:36","guid":{"rendered":"https:\/\/ambcrypto.com\/?p=247117"},"modified":"2022-07-19T13:27:03","modified_gmt":"2022-07-19T07:57:03","slug":"bitcoin-evaluating-if-btc-will-invalidate-its-current-bullish-bias","status":"publish","type":"post","link":"https:\/\/ambcrypto.com\/bitcoin-evaluating-if-btc-will-invalidate-its-current-bullish-bias\/","title":{"rendered":"Bitcoin: Evaluating if BTC will invalidate its current bullish bias"},"content":{"rendered":"<p><a href=\"http:\/\/ambcrypto.com\/category\/bitcoin-news\/\">Bitcoin [BTC]<\/a> has been making amends of late especially considering the king coin&#8217;s performance in the first half of 2022. BTC, at press time, was trading above the $21k mark after a period of redemption in the past week.<\/p>\n<p>The relief rally saw prices move upwards by 10% during the past seven days. But internal and external factors continue to push BTC below its realized price. There are also on-chain indicators suggesting a \u201cgenuine bottom formation\u201d could be underway.<\/p>\n<h3>As above so below<\/h3>\n<p>Glassnode\u2019s latest weekly <a href=\"https:\/\/insights.glassnode.com\/the-week-onchain-week-29-2022\/\">report<\/a> helped in providing data for this prediction. Bitcoin&#8217;s prices have traded below the realized price for more than a month now.<\/p>\n<p>The MVRV ratio is currently consolidating around 0.95 (-4.67% unrealized loss). While this looks concerning, it is not as bad as the average ratio of 0.85 (-15% unrealized loss) observed in previous bear cycles.<\/p>\n<p>This means that a further downslide or a cooldown may be required to establish a bottom.<\/p>\n<figure id=\"attachment_247123\" aria-describedby=\"caption-attachment-247123\" style=\"width: 1137px\" class=\"wp-caption aligncenter\"><a href=\"http:\/\/ambcrypto.com\/wp-content\/uploads\/2022\/07\/Screenshot-2022-07-19-at-11.10.37-AM.png\"><img decoding=\"async\" class=\"wp-image-247123 size-full\" src=\"http:\/\/ambcrypto.com\/wp-content\/uploads\/2022\/07\/Screenshot-2022-07-19-at-11.10.37-AM.png\" alt=\"\" width=\"1137\" height=\"522\" srcset=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2022\/07\/Screenshot-2022-07-19-at-11.10.37-AM.png 1137w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2022\/07\/Screenshot-2022-07-19-at-11.10.37-AM-300x138.png 300w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2022\/07\/Screenshot-2022-07-19-at-11.10.37-AM-1024x470.png 1024w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2022\/07\/Screenshot-2022-07-19-at-11.10.37-AM-768x353.png 768w\" sizes=\"(max-width: 1137px) 100vw, 1137px\" \/><\/a><figcaption id=\"caption-attachment-247123\" class=\"wp-caption-text\">Source: Glassnode<\/figcaption><\/figure>\n<p>Historically speaking, market bottoms are created after large positive swings in unrealized profit and loss.<\/p>\n<p>Well, this comes after capitulation and the emergence of new buyers in the market.<\/p>\n<p>It also goes on to confirm that the August-November rally was more of a &#8216;bear market relief&#8217; rally than the anticipation of an upcoming bull market.<\/p>\n<figure id=\"attachment_247122\" aria-describedby=\"caption-attachment-247122\" style=\"width: 1140px\" class=\"wp-caption aligncenter\"><a href=\"http:\/\/ambcrypto.com\/wp-content\/uploads\/2022\/07\/Screenshot-2022-07-19-at-11.09.29-AM.png\"><img decoding=\"async\" class=\"wp-image-247122 size-full\" src=\"http:\/\/ambcrypto.com\/wp-content\/uploads\/2022\/07\/Screenshot-2022-07-19-at-11.09.29-AM.png\" alt=\"\" width=\"1140\" height=\"521\" srcset=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2022\/07\/Screenshot-2022-07-19-at-11.09.29-AM.png 1140w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2022\/07\/Screenshot-2022-07-19-at-11.09.29-AM-300x137.png 300w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2022\/07\/Screenshot-2022-07-19-at-11.09.29-AM-1024x468.png 1024w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2022\/07\/Screenshot-2022-07-19-at-11.09.29-AM-768x351.png 768w\" sizes=\"(max-width: 1140px) 100vw, 1140px\" \/><\/a><figcaption id=\"caption-attachment-247122\" class=\"wp-caption-text\">Source: Glassnode<\/figcaption><\/figure>\n<p>Notably, when the BTC price dropped to $17.6k, a total of 9.21 million BTC were under unrealized losses.<\/p>\n<p>A month-long recovery and a relief rally to $21.2k reduced the total volume to 7.68 million BTC. It indicates that around 8% of the circulating supply has changed hands in this price range.<\/p>\n<figure id=\"attachment_247121\" aria-describedby=\"caption-attachment-247121\" style=\"width: 1139px\" class=\"wp-caption aligncenter\"><a href=\"http:\/\/ambcrypto.com\/wp-content\/uploads\/2022\/07\/Screenshot-2022-07-19-at-11.09.02-AM.png\"><img decoding=\"async\" class=\"wp-image-247121 size-full\" src=\"http:\/\/ambcrypto.com\/wp-content\/uploads\/2022\/07\/Screenshot-2022-07-19-at-11.09.02-AM.png\" alt=\"\" width=\"1139\" height=\"524\" srcset=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2022\/07\/Screenshot-2022-07-19-at-11.09.02-AM.png 1139w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2022\/07\/Screenshot-2022-07-19-at-11.09.02-AM-300x138.png 300w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2022\/07\/Screenshot-2022-07-19-at-11.09.02-AM-1024x471.png 1024w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2022\/07\/Screenshot-2022-07-19-at-11.09.02-AM-768x353.png 768w\" sizes=\"(max-width: 1139px) 100vw, 1139px\" \/><\/a><figcaption id=\"caption-attachment-247121\" class=\"wp-caption-text\">Source: Glassnode<\/figcaption><\/figure>\n<p>As observed in previous bear cycles, short-term holders (STH) usually go under first as markets go below their cost prices.<\/p>\n<p>To find signals of market recovery, one should observe STH&#8217;s holdings in profits.<\/p>\n<p>Such events usually follow bear market floors as capitulated investors transfer their coins to new holders.<\/p>\n<figure id=\"attachment_247119\" aria-describedby=\"caption-attachment-247119\" style=\"width: 1142px\" class=\"wp-caption aligncenter\"><a href=\"http:\/\/ambcrypto.com\/wp-content\/uploads\/2022\/07\/Screenshot-2022-07-19-at-11.08.48-AM.png\"><img decoding=\"async\" class=\"wp-image-247119 size-full\" src=\"http:\/\/ambcrypto.com\/wp-content\/uploads\/2022\/07\/Screenshot-2022-07-19-at-11.08.48-AM.png\" alt=\"\" width=\"1142\" height=\"526\" srcset=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2022\/07\/Screenshot-2022-07-19-at-11.08.48-AM.png 1142w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2022\/07\/Screenshot-2022-07-19-at-11.08.48-AM-300x138.png 300w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2022\/07\/Screenshot-2022-07-19-at-11.08.48-AM-1024x472.png 1024w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2022\/07\/Screenshot-2022-07-19-at-11.08.48-AM-768x354.png 768w\" sizes=\"(max-width: 1142px) 100vw, 1142px\" \/><\/a><figcaption id=\"caption-attachment-247119\" class=\"wp-caption-text\">Source: Glassnode<\/figcaption><\/figure>\n<p>Thus, the question is- Can we expect an imminent capitulation in the markets just weeks after a mini rally?<\/p>\n<p>It&#8217;s hard to say as this would be very disruptive to the market sentiment. Investors seemingly just escaped the bear carnage of Q1 and Q2 of 2022 in massive losses.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bitcoin [BTC] has been making amends of late especially considering the king coin&#8217;s performance in the first half of 2022. BTC, at press time, was trading above the $21k mark after a period of redemption in the past week. The relief rally saw prices move upwards by 10% during the past seven days. But internal<a href=\"https:\/\/ambcrypto.com\/bitcoin-evaluating-if-btc-will-invalidate-its-current-bullish-bias\/\">Continue reading <span class=\"sr-only\">&#8220;Bitcoin: Evaluating if BTC will invalidate its current bullish bias&#8221;<\/span><\/a><\/p>\n","protected":false},"author":61,"featured_media":247118,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"om_disable_all_campaigns":false,"footnotes":""},"categories":[35,360,66,3,4,20],"tags":[],"class_list":["post-247117","post","type-post","status-publish","format-standard","has-post-thumbnail","category-bitcoin-news","category-btc-trading-view","category-new-news","category-news","category-social","category-trading-view"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.0 (Yoast SEO v28.4) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Bitcoin: Evaluating if BTC will invalidate its current bullish bias - AMBCrypto<\/title>\n<meta name=\"description\" content=\"Bitcoin has been making amends recently for its performance during the first half of 2022. BTC is now trading above the $22k\" \/>\n<meta name=\"robots\" content=\"index, follow, max-image-preview:large\" \/>\n<link rel=\"canonical\" href=\"https:\/\/ambcrypto.com\/bitcoin-evaluating-if-btc-will-invalidate-its-current-bullish-bias\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Bitcoin: Evaluating if BTC will invalidate its current bullish bias - AMBCrypto\" \/>\n<meta property=\"og:description\" content=\"Bitcoin has been making amends of late especially considering the king coin&#039;s performance in the first half of 2022. BTC, at press time, was trading above\" \/>\n<meta property=\"og:url\" content=\"https:\/\/ambcrypto.com\/bitcoin-evaluating-if-btc-will-invalidate-its-current-bullish-bias\/\" \/>\n<meta property=\"og:site_name\" content=\"AMBCrypto\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/cryptoamb\" \/>\n<meta property=\"article:published_time\" content=\"2022-07-19T22:30:36+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2022\/07\/bitcoin-gfd6c8d92b_1280-e1658211561720.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"794\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Kanav Jain\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@https:\/\/twitter.com\/kanavjain101\" \/>\n<meta name=\"twitter:site\" content=\"@CryptoAmb\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Kanav Jain\" \/>\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:\\\/\\\/ambcrypto.com\\\/bitcoin-evaluating-if-btc-will-invalidate-its-current-bullish-bias\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/bitcoin-evaluating-if-btc-will-invalidate-its-current-bullish-bias\\\/\"},\"author\":{\"name\":\"Kanav Jain\",\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/#\\\/schema\\\/person\\\/5d5c4adae93dab23234d98e86a1169ae\"},\"headline\":\"Bitcoin: Evaluating if BTC will invalidate its current bullish bias\",\"datePublished\":\"2022-07-19T22:30:36+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/bitcoin-evaluating-if-btc-will-invalidate-its-current-bullish-bias\\\/\"},\"wordCount\":405,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/bitcoin-evaluating-if-btc-will-invalidate-its-current-bullish-bias\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/ambcrypto.com\\\/wp-content\\\/uploads\\\/2022\\\/07\\\/bitcoin-gfd6c8d92b_1280-e1658211561720.jpg\",\"articleSection\":[\"Bitcoin\",\"BTC Trading View\",\"News\",\"News 1\",\"Social\",\"Trading View\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/ambcrypto.com\\\/bitcoin-evaluating-if-btc-will-invalidate-its-current-bullish-bias\\\/#respond\"]}],\"copyrightYear\":\"2022\",\"copyrightHolder\":{\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/bitcoin-evaluating-if-btc-will-invalidate-its-current-bullish-bias\\\/\",\"url\":\"https:\\\/\\\/ambcrypto.com\\\/bitcoin-evaluating-if-btc-will-invalidate-its-current-bullish-bias\\\/\",\"name\":\"Bitcoin: Evaluating if BTC will invalidate its current bullish bias - AMBCrypto\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/bitcoin-evaluating-if-btc-will-invalidate-its-current-bullish-bias\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/bitcoin-evaluating-if-btc-will-invalidate-its-current-bullish-bias\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/ambcrypto.com\\\/wp-content\\\/uploads\\\/2022\\\/07\\\/bitcoin-gfd6c8d92b_1280-e1658211561720.jpg\",\"datePublished\":\"2022-07-19T22:30:36+00:00\",\"description\":\"Bitcoin has been making amends recently for its performance during the first half of 2022. BTC is now trading above the $22k\",\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/ambcrypto.com\\\/bitcoin-evaluating-if-btc-will-invalidate-its-current-bullish-bias\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/bitcoin-evaluating-if-btc-will-invalidate-its-current-bullish-bias\\\/#primaryimage\",\"url\":\"https:\\\/\\\/ambcrypto.com\\\/wp-content\\\/uploads\\\/2022\\\/07\\\/bitcoin-gfd6c8d92b_1280-e1658211561720.jpg\",\"contentUrl\":\"https:\\\/\\\/ambcrypto.com\\\/wp-content\\\/uploads\\\/2022\\\/07\\\/bitcoin-gfd6c8d92b_1280-e1658211561720.jpg\",\"width\":1200,\"height\":794},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/#website\",\"url\":\"https:\\\/\\\/ambcrypto.com\\\/\",\"name\":\"AMBCrypto\",\"description\":\"Stay Ahead!\",\"publisher\":{\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/#organization\"},\"alternateName\":\"AMBCrypto News\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/ambcrypto.com\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/#organization\",\"name\":\"AMBCrypto\",\"alternateName\":\"AMBCrypto News\",\"url\":\"https:\\\/\\\/ambcrypto.com\\\/\",\"logo\":{\"@type\":\"ImageObject\",\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/#\\\/schema\\\/logo\\\/image\\\/\",\"url\":\"https:\\\/\\\/ambcrypto.com\\\/wp-content\\\/uploads\\\/2026\\\/04\\\/amb-wide.jpg\",\"width\":600,\"height\":60,\"caption\":\"AMBCrypto\"},\"image\":{\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/#\\\/schema\\\/logo\\\/image\\\/\"},\"sameAs\":[\"https:\\\/\\\/www.facebook.com\\\/cryptoamb\",\"https:\\\/\\\/x.com\\\/CryptoAmb\",\"https:\\\/\\\/www.linkedin.com\\\/company\\\/13629485\\\/\"]},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/#\\\/schema\\\/person\\\/5d5c4adae93dab23234d98e86a1169ae\",\"name\":\"Kanav Jain\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/wp-content\\\/uploads\\\/2022\\\/03\\\/D4598192-E39A-464E-A31E-7DFCF8658014-150x150.jpg\",\"url\":\"https:\\\/\\\/ambcrypto.com\\\/wp-content\\\/uploads\\\/2022\\\/03\\\/D4598192-E39A-464E-A31E-7DFCF8658014-150x150.jpg\",\"contentUrl\":\"https:\\\/\\\/ambcrypto.com\\\/wp-content\\\/uploads\\\/2022\\\/03\\\/D4598192-E39A-464E-A31E-7DFCF8658014-150x150.jpg\",\"caption\":\"Kanav Jain\"},\"description\":\"Kanav is a journalist at AMBCrypto. He has a Masters in Media and International Conflict and is interested in areas of digital society, crypto developments in the political sphere and the socio-cultural impact of a crypto-society.\",\"sameAs\":[\"https:\\\/\\\/www.linkedin.com\\\/in\\\/kanav-jain-0282a31b7\\\/\",\"https:\\\/\\\/x.com\\\/https:\\\/\\\/twitter.com\\\/kanavjain101\"],\"url\":\"https:\\\/\\\/ambcrypto.com\\\/author\\\/kanav-jain\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Bitcoin: Evaluating if BTC will invalidate its current bullish bias - AMBCrypto","description":"Bitcoin has been making amends recently for its performance during the first half of 2022. BTC is now trading above the $22k","robots":{"index":"index","follow":"follow","max-image-preview":"max-image-preview:large"},"canonical":"https:\/\/ambcrypto.com\/bitcoin-evaluating-if-btc-will-invalidate-its-current-bullish-bias\/","og_locale":"en_US","og_type":"article","og_title":"Bitcoin: Evaluating if BTC will invalidate its current bullish bias - AMBCrypto","og_description":"Bitcoin has been making amends of late especially considering the king coin's performance in the first half of 2022. BTC, at press time, was trading above","og_url":"https:\/\/ambcrypto.com\/bitcoin-evaluating-if-btc-will-invalidate-its-current-bullish-bias\/","og_site_name":"AMBCrypto","article_publisher":"https:\/\/www.facebook.com\/cryptoamb","article_published_time":"2022-07-19T22:30:36+00:00","og_image":[{"width":1200,"height":794,"url":"https:\/\/ambcrypto.com\/wp-content\/uploads\/2022\/07\/bitcoin-gfd6c8d92b_1280-e1658211561720.jpg","type":"image\/jpeg"}],"author":"Kanav Jain","twitter_card":"summary_large_image","twitter_creator":"@https:\/\/twitter.com\/kanavjain101","twitter_site":"@CryptoAmb","twitter_misc":{"Written by":"Kanav Jain","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"NewsArticle","@id":"https:\/\/ambcrypto.com\/bitcoin-evaluating-if-btc-will-invalidate-its-current-bullish-bias\/#article","isPartOf":{"@id":"https:\/\/ambcrypto.com\/bitcoin-evaluating-if-btc-will-invalidate-its-current-bullish-bias\/"},"author":{"name":"Kanav Jain","@id":"https:\/\/ambcrypto.com\/#\/schema\/person\/5d5c4adae93dab23234d98e86a1169ae"},"headline":"Bitcoin: Evaluating if BTC will invalidate its current bullish bias","datePublished":"2022-07-19T22:30:36+00:00","mainEntityOfPage":{"@id":"https:\/\/ambcrypto.com\/bitcoin-evaluating-if-btc-will-invalidate-its-current-bullish-bias\/"},"wordCount":405,"commentCount":0,"publisher":{"@id":"https:\/\/ambcrypto.com\/#organization"},"image":{"@id":"https:\/\/ambcrypto.com\/bitcoin-evaluating-if-btc-will-invalidate-its-current-bullish-bias\/#primaryimage"},"thumbnailUrl":"https:\/\/ambcrypto.com\/wp-content\/uploads\/2022\/07\/bitcoin-gfd6c8d92b_1280-e1658211561720.jpg","articleSection":["Bitcoin","BTC Trading View","News","News 1","Social","Trading View"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/ambcrypto.com\/bitcoin-evaluating-if-btc-will-invalidate-its-current-bullish-bias\/#respond"]}],"copyrightYear":"2022","copyrightHolder":{"@id":"https:\/\/ambcrypto.com\/#organization"}},{"@type":"WebPage","@id":"https:\/\/ambcrypto.com\/bitcoin-evaluating-if-btc-will-invalidate-its-current-bullish-bias\/","url":"https:\/\/ambcrypto.com\/bitcoin-evaluating-if-btc-will-invalidate-its-current-bullish-bias\/","name":"Bitcoin: Evaluating if BTC will invalidate its current bullish bias - AMBCrypto","isPartOf":{"@id":"https:\/\/ambcrypto.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/ambcrypto.com\/bitcoin-evaluating-if-btc-will-invalidate-its-current-bullish-bias\/#primaryimage"},"image":{"@id":"https:\/\/ambcrypto.com\/bitcoin-evaluating-if-btc-will-invalidate-its-current-bullish-bias\/#primaryimage"},"thumbnailUrl":"https:\/\/ambcrypto.com\/wp-content\/uploads\/2022\/07\/bitcoin-gfd6c8d92b_1280-e1658211561720.jpg","datePublished":"2022-07-19T22:30:36+00:00","description":"Bitcoin has been making amends recently for its performance during the first half of 2022. BTC is now trading above the $22k","inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/ambcrypto.com\/bitcoin-evaluating-if-btc-will-invalidate-its-current-bullish-bias\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/ambcrypto.com\/bitcoin-evaluating-if-btc-will-invalidate-its-current-bullish-bias\/#primaryimage","url":"https:\/\/ambcrypto.com\/wp-content\/uploads\/2022\/07\/bitcoin-gfd6c8d92b_1280-e1658211561720.jpg","contentUrl":"https:\/\/ambcrypto.com\/wp-content\/uploads\/2022\/07\/bitcoin-gfd6c8d92b_1280-e1658211561720.jpg","width":1200,"height":794},{"@type":"WebSite","@id":"https:\/\/ambcrypto.com\/#website","url":"https:\/\/ambcrypto.com\/","name":"AMBCrypto","description":"Stay Ahead!","publisher":{"@id":"https:\/\/ambcrypto.com\/#organization"},"alternateName":"AMBCrypto News","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/ambcrypto.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/ambcrypto.com\/#organization","name":"AMBCrypto","alternateName":"AMBCrypto News","url":"https:\/\/ambcrypto.com\/","logo":{"@type":"ImageObject","@id":"https:\/\/ambcrypto.com\/#\/schema\/logo\/image\/","url":"https:\/\/ambcrypto.com\/wp-content\/uploads\/2026\/04\/amb-wide.jpg","width":600,"height":60,"caption":"AMBCrypto"},"image":{"@id":"https:\/\/ambcrypto.com\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/cryptoamb","https:\/\/x.com\/CryptoAmb","https:\/\/www.linkedin.com\/company\/13629485\/"]},{"@type":"Person","@id":"https:\/\/ambcrypto.com\/#\/schema\/person\/5d5c4adae93dab23234d98e86a1169ae","name":"Kanav Jain","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/ambcrypto.com\/wp-content\/uploads\/2022\/03\/D4598192-E39A-464E-A31E-7DFCF8658014-150x150.jpg","url":"https:\/\/ambcrypto.com\/wp-content\/uploads\/2022\/03\/D4598192-E39A-464E-A31E-7DFCF8658014-150x150.jpg","contentUrl":"https:\/\/ambcrypto.com\/wp-content\/uploads\/2022\/03\/D4598192-E39A-464E-A31E-7DFCF8658014-150x150.jpg","caption":"Kanav Jain"},"description":"Kanav is a journalist at AMBCrypto. He has a Masters in Media and International Conflict and is interested in areas of digital society, crypto developments in the political sphere and the socio-cultural impact of a crypto-society.","sameAs":["https:\/\/www.linkedin.com\/in\/kanav-jain-0282a31b7\/","https:\/\/x.com\/https:\/\/twitter.com\/kanavjain101"],"url":"https:\/\/ambcrypto.com\/author\/kanav-jain\/"}]}},"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/ambcrypto.com\/wp-json\/wp\/v2\/posts\/247117","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ambcrypto.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ambcrypto.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ambcrypto.com\/wp-json\/wp\/v2\/users\/61"}],"replies":[{"embeddable":true,"href":"https:\/\/ambcrypto.com\/wp-json\/wp\/v2\/comments?post=247117"}],"version-history":[{"count":0,"href":"https:\/\/ambcrypto.com\/wp-json\/wp\/v2\/posts\/247117\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ambcrypto.com\/wp-json\/wp\/v2\/media\/247118"}],"wp:attachment":[{"href":"https:\/\/ambcrypto.com\/wp-json\/wp\/v2\/media?parent=247117"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ambcrypto.com\/wp-json\/wp\/v2\/categories?post=247117"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ambcrypto.com\/wp-json\/wp\/v2\/tags?post=247117"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}