{"id":351667,"date":"2023-10-18T21:00:42","date_gmt":"2023-10-18T15:30:42","guid":{"rendered":"https:\/\/ambcrypto.com\/?p=351667"},"modified":"2023-10-19T01:46:54","modified_gmt":"2023-10-18T20:16:54","slug":"is-bitcoin-on-the-cusp-of-a-new-uptrend","status":"publish","type":"post","link":"https:\/\/ambcrypto.com\/is-bitcoin-on-the-cusp-of-a-new-uptrend\/","title":{"rendered":"Is Bitcoin on the cusp of a new uptrend?"},"content":{"rendered":"<ul>\n<li><em>At its press time value, Bitcoin traded above its <span style=\"font-weight: 400;\">Warm Supply Realized Price.<\/span><\/em><\/li>\n<li><em>This is considered a bullish sign.<\/em><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">Bitcoin&#8217;s [BTC] price has rallied above its Warm Supply Realized Price, suggesting the start of a new uptrend, crypto analyst Ali Charts noted in a recent post on X (formerly Twitter).<\/span><\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\"><a href=\"https:\/\/twitter.com\/hashtag\/Bitcoin?src=hash&amp;ref_src=twsrc%5Etfw\">#Bitcoin<\/a> is now trading above its Warm Supply Realized Price at $28,150, which suggests the beginning of a new <a href=\"https:\/\/twitter.com\/search?q=%24BTC&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$BTC<\/a> uptrend as long as this level holds! <a href=\"https:\/\/t.co\/HJSR6QVzNI\">pic.twitter.com\/HJSR6QVzNI<\/a><\/p>\n<p>&mdash; Ali Charts (@alicharts) <a href=\"https:\/\/twitter.com\/alicharts\/status\/1714225487281615181?ref_src=twsrc%5Etfw\">October 17, 2023<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>&nbsp;<\/p>\n<hr \/>\n<p style=\"text-align: center;\">How much are\u00a01,10,100 BTCs worth today?<\/p>\n<hr \/>\n<p><span style=\"font-weight: 400;\">BTC\u2019s Warm Supply Realized Price metric tracks the average price at which the less active cohort of short-term (STH) BTC holders purchased their coins.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">When BTC\u2019s price rallies above this metric, it is considered a bullish signal, as it suggests that buyers are now willing to pay more to acquire BTC than they have in the past 30 days.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">At press time, BTC exchanged hands at $28,713, while data from <a href=\"https:\/\/glassnode.com\/\" target=\"_blank\" rel=\"noopener\">Glassnode<\/a> put its Warm Supply Realized Price at 28,150. This meant that at its current value, the leading coin traded at a relatively higher price than the recent average price at which the coin had been obtained.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">According to Ali, if BTC can hold above $28,150 in the coming days and weeks, it would further indicate that a new uptrend is underway. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">However, if its price falls below this metric, it would show that sellers have begun to sell their coins below their cost basis, suggesting the return of bearish sentiments.\u00a0<\/span><\/p>\n<h4><b>How profitable have BTC investments been in the past few days?<\/b><\/h4>\n<p><span style=\"font-weight: 400;\">According to data from <a href=\"https:\/\/app.santiment.net\/charts\/FoSzIDuW__sCl\" target=\"_blank\" rel=\"noopener\">Santiment<\/a>, the ratio of BTC\u2019s daily on-chain transaction volume in profit to loss observed on a seven-day moving average was 1.23 at press time. This meant that for every unit of BTC sold at a loss, there were 1.5 units sold at a profit.\u00a0<\/span><\/p>\n<figure id=\"attachment_351669\" aria-describedby=\"caption-attachment-351669\" style=\"width: 2560px\" class=\"wp-caption aligncenter\"><a href=\"http:\/\/ambcrypto.com\/wp-content\/uploads\/2023\/10\/Bitcoin-BTC-07.02.14-18-Oct-2023.png\"><img decoding=\"async\" class=\"size-full wp-image-351669\" src=\"http:\/\/ambcrypto.com\/wp-content\/uploads\/2023\/10\/Bitcoin-BTC-07.02.14-18-Oct-2023.png\" alt=\"\" width=\"2560\" height=\"867\" srcset=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2023\/10\/Bitcoin-BTC-07.02.14-18-Oct-2023.png 2560w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2023\/10\/Bitcoin-BTC-07.02.14-18-Oct-2023-300x102.png 300w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2023\/10\/Bitcoin-BTC-07.02.14-18-Oct-2023-1024x347.png 1024w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2023\/10\/Bitcoin-BTC-07.02.14-18-Oct-2023-768x260.png 768w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2023\/10\/Bitcoin-BTC-07.02.14-18-Oct-2023-1536x520.png 1536w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2023\/10\/Bitcoin-BTC-07.02.14-18-Oct-2023-2048x693.png 2048w\" sizes=\"(max-width: 2560px) 100vw, 2560px\" \/><\/a><figcaption id=\"caption-attachment-351669\" class=\"wp-caption-text\">Source: Santiment<\/figcaption><\/figure>\n<p><span style=\"font-weight: 400;\">This is a bullish signal, suggesting that more traders are selling their holdings at a profit than a loss.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">A further look at its spent output profit ratio (SOPR) showed that BTC\u2019s STHs have seen more profits on their investments than those that have held for more extended periods.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">According to <\/span><a href=\"https:\/\/academy.glassnode.com\/indicators\/sopr\/sopr-spent-output-profit-ratio\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">Glassnode academy<\/span><\/a><span style=\"font-weight: 400;\">, an asset\u2019s SOPR measures the degree of profit and losses incurred by its holders over a given period of time.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">When an asset\u2019s SOPR is higher than one within a particular period, this means that those that sold at the current price sold at a profit. Conversely, when an asset\u2019s SOPR is less than one within a specified window period, those that sold within that time frame incurred losses.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">At press time, the STH-SOPR was 1.01. Data tracked by <\/span><a href=\"https:\/\/cryptoquant.com\/asset\/btc\/chart\/market-indicator\/short-term-holder-sopr?window=DAY&amp;sma=0&amp;ema=0&amp;priceScale=log&amp;metricScale=log&amp;chartStyle=line\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">CryptoQuant<\/span><\/a><span style=\"font-weight: 400;\"> showed that this has climbed steadily in the past three days, suggesting all transactions made by investors that have held BTC for less than 155 days have returned a profit.<\/span><\/p>\n<figure id=\"attachment_351670\" aria-describedby=\"caption-attachment-351670\" style=\"width: 2560px\" class=\"wp-caption aligncenter\"><a href=\"http:\/\/ambcrypto.com\/wp-content\/uploads\/2023\/10\/Bitcoin-Short-Term-Holder-SOPR.png\"><img decoding=\"async\" class=\"size-full wp-image-351670\" src=\"http:\/\/ambcrypto.com\/wp-content\/uploads\/2023\/10\/Bitcoin-Short-Term-Holder-SOPR.png\" alt=\"\" width=\"2560\" height=\"1612\" srcset=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2023\/10\/Bitcoin-Short-Term-Holder-SOPR.png 2560w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2023\/10\/Bitcoin-Short-Term-Holder-SOPR-300x189.png 300w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2023\/10\/Bitcoin-Short-Term-Holder-SOPR-1024x645.png 1024w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2023\/10\/Bitcoin-Short-Term-Holder-SOPR-768x484.png 768w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2023\/10\/Bitcoin-Short-Term-Holder-SOPR-1536x967.png 1536w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2023\/10\/Bitcoin-Short-Term-Holder-SOPR-2048x1290.png 2048w\" sizes=\"(max-width: 2560px) 100vw, 2560px\" \/><\/a><figcaption id=\"caption-attachment-351670\" class=\"wp-caption-text\">Source: CryptoQuant<\/figcaption><\/figure>\n<hr \/>\n<p style=\"text-align: center;\">Is your portfolio green? Check out the\u00a0<a href=\"http:\/\/ambcrypto.com\/calculator\/bitcoin-profit-calculator\" target=\"_blank\" rel=\"noopener\" data-wpel-link=\"internal\">BTC Profit Calculator<\/a><\/p>\n<hr \/>\n<p><span style=\"font-weight: 400;\">On the other hand, the coin\u2019s long-term holders (LTH) have not been as lucky. At press time, the coin\u2019s LTH-SOPR trended downwards after breaching its zero line on 16 October. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">At 0.96 as of this writing, transactions completed by this cohort of investors in the past two days have mostly resulted in losses.\u00a0<\/span><\/p>\n<figure id=\"attachment_351671\" aria-describedby=\"caption-attachment-351671\" style=\"width: 4287px\" class=\"wp-caption aligncenter\"><a href=\"http:\/\/ambcrypto.com\/wp-content\/uploads\/2023\/10\/Bitcoin-Long-Term-Holder-SOPR.png\"><img decoding=\"async\" class=\"size-full wp-image-351671\" src=\"http:\/\/ambcrypto.com\/wp-content\/uploads\/2023\/10\/Bitcoin-Long-Term-Holder-SOPR.png\" alt=\"\" width=\"4287\" height=\"2700\" srcset=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2023\/10\/Bitcoin-Long-Term-Holder-SOPR.png 2560w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2023\/10\/Bitcoin-Long-Term-Holder-SOPR-300x189.png 300w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2023\/10\/Bitcoin-Long-Term-Holder-SOPR-1024x645.png 1024w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2023\/10\/Bitcoin-Long-Term-Holder-SOPR-768x484.png 768w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2023\/10\/Bitcoin-Long-Term-Holder-SOPR-1536x967.png 1536w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2023\/10\/Bitcoin-Long-Term-Holder-SOPR-2048x1290.png 2048w\" sizes=\"(max-width: 4287px) 100vw, 4287px\" \/><\/a><figcaption id=\"caption-attachment-351671\" class=\"wp-caption-text\">Source: CryptoQuant<\/figcaption><\/figure>\n","protected":false},"excerpt":{"rendered":"<p>At its current price of $28,713, BTC has rallied above its Warm Supply Realized Price of $28,150, suggesting the return of bullish sentiment into the market.<\/p>\n","protected":false},"author":64,"featured_media":351673,"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-351667","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>Is Bitcoin on the cusp of a new uptrend? - AMBCrypto<\/title>\n<meta name=\"description\" content=\"The price per Bitcoin&#039;s [BTC]\u00a0 price has rallied above its Warm Supply Realized Price, suggesting the start of a new uptrend.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-image-preview:large\" \/>\n<link rel=\"canonical\" href=\"https:\/\/ambcrypto.com\/is-bitcoin-on-the-cusp-of-a-new-uptrend\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Is Bitcoin on the cusp of a new uptrend? - AMBCrypto\" \/>\n<meta property=\"og:description\" content=\"At its current price of $28,713, BTC has rallied above its Warm Supply Realized Price of $28,150, suggesting the return of bullish sentiment into the market.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/ambcrypto.com\/is-bitcoin-on-the-cusp-of-a-new-uptrend\/\" \/>\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=\"2023-10-18T15:30:42+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-10-18T20:16:54+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2023\/10\/ambcrypto_Prompt_-_An_animated_chart_of_a_Bitcoin_price_graph_w_d2381930-6b84-415a-afca-fa341d707539.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"900\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Abiodun Oladokun\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@https:\/\/twitter.com\/0xAbiodun\" \/>\n<meta name=\"twitter:site\" content=\"@CryptoAmb\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Abiodun Oladokun\" \/>\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\":\"AnalysisNewsArticle\",\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/is-bitcoin-on-the-cusp-of-a-new-uptrend\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/is-bitcoin-on-the-cusp-of-a-new-uptrend\\\/\"},\"author\":{\"name\":\"Abiodun Oladokun\",\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/#\\\/schema\\\/person\\\/448f3184b94221384fedfce7a5981ea2\"},\"headline\":\"Is Bitcoin on the cusp of a new uptrend?\",\"datePublished\":\"2023-10-18T15:30:42+00:00\",\"dateModified\":\"2023-10-18T20:16:54+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/is-bitcoin-on-the-cusp-of-a-new-uptrend\\\/\"},\"wordCount\":546,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/is-bitcoin-on-the-cusp-of-a-new-uptrend\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/ambcrypto.com\\\/wp-content\\\/uploads\\\/2023\\\/10\\\/ambcrypto_Prompt_-_An_animated_chart_of_a_Bitcoin_price_graph_w_d2381930-6b84-415a-afca-fa341d707539.jpg\",\"articleSection\":[\"Bitcoin\",\"BTC Trading View\",\"News\",\"News 1\",\"Social\",\"Trading View\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/ambcrypto.com\\\/is-bitcoin-on-the-cusp-of-a-new-uptrend\\\/#respond\"]}],\"copyrightYear\":\"2023\",\"copyrightHolder\":{\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/is-bitcoin-on-the-cusp-of-a-new-uptrend\\\/\",\"url\":\"https:\\\/\\\/ambcrypto.com\\\/is-bitcoin-on-the-cusp-of-a-new-uptrend\\\/\",\"name\":\"Is Bitcoin on the cusp of a new uptrend? - AMBCrypto\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/is-bitcoin-on-the-cusp-of-a-new-uptrend\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/is-bitcoin-on-the-cusp-of-a-new-uptrend\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/ambcrypto.com\\\/wp-content\\\/uploads\\\/2023\\\/10\\\/ambcrypto_Prompt_-_An_animated_chart_of_a_Bitcoin_price_graph_w_d2381930-6b84-415a-afca-fa341d707539.jpg\",\"datePublished\":\"2023-10-18T15:30:42+00:00\",\"dateModified\":\"2023-10-18T20:16:54+00:00\",\"description\":\"The price per Bitcoin's [BTC]\u00a0 price has rallied above its Warm Supply Realized Price, suggesting the start of a new uptrend.\",\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/ambcrypto.com\\\/is-bitcoin-on-the-cusp-of-a-new-uptrend\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/is-bitcoin-on-the-cusp-of-a-new-uptrend\\\/#primaryimage\",\"url\":\"https:\\\/\\\/ambcrypto.com\\\/wp-content\\\/uploads\\\/2023\\\/10\\\/ambcrypto_Prompt_-_An_animated_chart_of_a_Bitcoin_price_graph_w_d2381930-6b84-415a-afca-fa341d707539.jpg\",\"contentUrl\":\"https:\\\/\\\/ambcrypto.com\\\/wp-content\\\/uploads\\\/2023\\\/10\\\/ambcrypto_Prompt_-_An_animated_chart_of_a_Bitcoin_price_graph_w_d2381930-6b84-415a-afca-fa341d707539.jpg\",\"width\":1200,\"height\":900,\"caption\":\"Is Bitcoin on the cusp of a new uptrend?\"},{\"@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\\\/448f3184b94221384fedfce7a5981ea2\",\"name\":\"Abiodun Oladokun\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/wp-content\\\/uploads\\\/2022\\\/04\\\/image-150x150.jpeg\",\"url\":\"https:\\\/\\\/ambcrypto.com\\\/wp-content\\\/uploads\\\/2022\\\/04\\\/image-150x150.jpeg\",\"contentUrl\":\"https:\\\/\\\/ambcrypto.com\\\/wp-content\\\/uploads\\\/2022\\\/04\\\/image-150x150.jpeg\",\"caption\":\"Abiodun Oladokun\"},\"description\":\"Abiodun is a freelancer writer working with AMBCrypto. He is also a lawyer with over 2 years of experience. With a keen interest in blockchain technology and its limitless possibilities, Abiodun spends his time understanding the technology, building projects, and educating people about it.\",\"sameAs\":[\"https:\\\/\\\/www.linkedin.com\\\/in\\\/abiodun-oladokun-068808168\\\/\",\"https:\\\/\\\/x.com\\\/https:\\\/\\\/twitter.com\\\/0xAbiodun\"],\"knowsAbout\":[\"Technical Analysis\",\"Crypto Market Trends\",\"Crypto Market Analysis\"],\"jobTitle\":\"Journalist\",\"worksFor\":\"AMBCrypto\",\"url\":\"https:\\\/\\\/ambcrypto.com\\\/author\\\/abiodun-oladokun\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Is Bitcoin on the cusp of a new uptrend? - AMBCrypto","description":"The price per Bitcoin's [BTC]\u00a0 price has rallied above its Warm Supply Realized Price, suggesting the start of a new uptrend.","robots":{"index":"index","follow":"follow","max-image-preview":"max-image-preview:large"},"canonical":"https:\/\/ambcrypto.com\/is-bitcoin-on-the-cusp-of-a-new-uptrend\/","og_locale":"en_US","og_type":"article","og_title":"Is Bitcoin on the cusp of a new uptrend? - AMBCrypto","og_description":"At its current price of $28,713, BTC has rallied above its Warm Supply Realized Price of $28,150, suggesting the return of bullish sentiment into the market.","og_url":"https:\/\/ambcrypto.com\/is-bitcoin-on-the-cusp-of-a-new-uptrend\/","og_site_name":"AMBCrypto","article_publisher":"https:\/\/www.facebook.com\/cryptoamb","article_published_time":"2023-10-18T15:30:42+00:00","article_modified_time":"2023-10-18T20:16:54+00:00","og_image":[{"width":1200,"height":900,"url":"https:\/\/ambcrypto.com\/wp-content\/uploads\/2023\/10\/ambcrypto_Prompt_-_An_animated_chart_of_a_Bitcoin_price_graph_w_d2381930-6b84-415a-afca-fa341d707539.jpg","type":"image\/jpeg"}],"author":"Abiodun Oladokun","twitter_card":"summary_large_image","twitter_creator":"@https:\/\/twitter.com\/0xAbiodun","twitter_site":"@CryptoAmb","twitter_misc":{"Written by":"Abiodun Oladokun","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"AnalysisNewsArticle","@id":"https:\/\/ambcrypto.com\/is-bitcoin-on-the-cusp-of-a-new-uptrend\/#article","isPartOf":{"@id":"https:\/\/ambcrypto.com\/is-bitcoin-on-the-cusp-of-a-new-uptrend\/"},"author":{"name":"Abiodun Oladokun","@id":"https:\/\/ambcrypto.com\/#\/schema\/person\/448f3184b94221384fedfce7a5981ea2"},"headline":"Is Bitcoin on the cusp of a new uptrend?","datePublished":"2023-10-18T15:30:42+00:00","dateModified":"2023-10-18T20:16:54+00:00","mainEntityOfPage":{"@id":"https:\/\/ambcrypto.com\/is-bitcoin-on-the-cusp-of-a-new-uptrend\/"},"wordCount":546,"commentCount":0,"publisher":{"@id":"https:\/\/ambcrypto.com\/#organization"},"image":{"@id":"https:\/\/ambcrypto.com\/is-bitcoin-on-the-cusp-of-a-new-uptrend\/#primaryimage"},"thumbnailUrl":"https:\/\/ambcrypto.com\/wp-content\/uploads\/2023\/10\/ambcrypto_Prompt_-_An_animated_chart_of_a_Bitcoin_price_graph_w_d2381930-6b84-415a-afca-fa341d707539.jpg","articleSection":["Bitcoin","BTC Trading View","News","News 1","Social","Trading View"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/ambcrypto.com\/is-bitcoin-on-the-cusp-of-a-new-uptrend\/#respond"]}],"copyrightYear":"2023","copyrightHolder":{"@id":"https:\/\/ambcrypto.com\/#organization"}},{"@type":"WebPage","@id":"https:\/\/ambcrypto.com\/is-bitcoin-on-the-cusp-of-a-new-uptrend\/","url":"https:\/\/ambcrypto.com\/is-bitcoin-on-the-cusp-of-a-new-uptrend\/","name":"Is Bitcoin on the cusp of a new uptrend? - AMBCrypto","isPartOf":{"@id":"https:\/\/ambcrypto.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/ambcrypto.com\/is-bitcoin-on-the-cusp-of-a-new-uptrend\/#primaryimage"},"image":{"@id":"https:\/\/ambcrypto.com\/is-bitcoin-on-the-cusp-of-a-new-uptrend\/#primaryimage"},"thumbnailUrl":"https:\/\/ambcrypto.com\/wp-content\/uploads\/2023\/10\/ambcrypto_Prompt_-_An_animated_chart_of_a_Bitcoin_price_graph_w_d2381930-6b84-415a-afca-fa341d707539.jpg","datePublished":"2023-10-18T15:30:42+00:00","dateModified":"2023-10-18T20:16:54+00:00","description":"The price per Bitcoin's [BTC]\u00a0 price has rallied above its Warm Supply Realized Price, suggesting the start of a new uptrend.","inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/ambcrypto.com\/is-bitcoin-on-the-cusp-of-a-new-uptrend\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/ambcrypto.com\/is-bitcoin-on-the-cusp-of-a-new-uptrend\/#primaryimage","url":"https:\/\/ambcrypto.com\/wp-content\/uploads\/2023\/10\/ambcrypto_Prompt_-_An_animated_chart_of_a_Bitcoin_price_graph_w_d2381930-6b84-415a-afca-fa341d707539.jpg","contentUrl":"https:\/\/ambcrypto.com\/wp-content\/uploads\/2023\/10\/ambcrypto_Prompt_-_An_animated_chart_of_a_Bitcoin_price_graph_w_d2381930-6b84-415a-afca-fa341d707539.jpg","width":1200,"height":900,"caption":"Is Bitcoin on the cusp of a new uptrend?"},{"@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\/448f3184b94221384fedfce7a5981ea2","name":"Abiodun Oladokun","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/ambcrypto.com\/wp-content\/uploads\/2022\/04\/image-150x150.jpeg","url":"https:\/\/ambcrypto.com\/wp-content\/uploads\/2022\/04\/image-150x150.jpeg","contentUrl":"https:\/\/ambcrypto.com\/wp-content\/uploads\/2022\/04\/image-150x150.jpeg","caption":"Abiodun Oladokun"},"description":"Abiodun is a freelancer writer working with AMBCrypto. He is also a lawyer with over 2 years of experience. With a keen interest in blockchain technology and its limitless possibilities, Abiodun spends his time understanding the technology, building projects, and educating people about it.","sameAs":["https:\/\/www.linkedin.com\/in\/abiodun-oladokun-068808168\/","https:\/\/x.com\/https:\/\/twitter.com\/0xAbiodun"],"knowsAbout":["Technical Analysis","Crypto Market Trends","Crypto Market Analysis"],"jobTitle":"Journalist","worksFor":"AMBCrypto","url":"https:\/\/ambcrypto.com\/author\/abiodun-oladokun\/"}]}},"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/ambcrypto.com\/wp-json\/wp\/v2\/posts\/351667","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\/64"}],"replies":[{"embeddable":true,"href":"https:\/\/ambcrypto.com\/wp-json\/wp\/v2\/comments?post=351667"}],"version-history":[{"count":0,"href":"https:\/\/ambcrypto.com\/wp-json\/wp\/v2\/posts\/351667\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ambcrypto.com\/wp-json\/wp\/v2\/media\/351673"}],"wp:attachment":[{"href":"https:\/\/ambcrypto.com\/wp-json\/wp\/v2\/media?parent=351667"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ambcrypto.com\/wp-json\/wp\/v2\/categories?post=351667"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ambcrypto.com\/wp-json\/wp\/v2\/tags?post=351667"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}