{"id":353921,"date":"2023-10-27T08:00:54","date_gmt":"2023-10-27T02:30:54","guid":{"rendered":"https:\/\/ambcrypto.com\/?p=353921"},"modified":"2024-02-22T13:19:51","modified_gmt":"2024-02-22T07:49:51","slug":"how-bitcoins-revival-to-35k-can-affect-its-upcoming-movement","status":"publish","type":"post","link":"https:\/\/ambcrypto.com\/how-bitcoins-revival-to-35k-can-affect-its-upcoming-movement\/","title":{"rendered":"How Bitcoin\u2019s revival to $35K can affect its upcoming movement"},"content":{"rendered":"<ul>\n<li><em>Bitcoin climbed above $35,000 for the second time in a few days as the iShares ETF got relisted.<\/em><\/li>\n<li><em>Greed in the market rose and BTC may be due for a pullback.<\/em><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">The price of <\/span><span style=\"font-weight: 400;\">Bitcoin [BTC]<\/span><span style=\"font-weight: 400;\"> climbed above $35,000 again after the king coin lost hold on the region a few days ago. According to Santiment, the recovery could be linked to the rising optimism in the market, caused by the re-listing of BlackRock\u2019s iShares ETF on the Depository Trust and Clearing Corporation (DTCC) market.<\/span><\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">\ud83d\udcf0 <a href=\"https:\/\/twitter.com\/hashtag\/Crypto?src=hash&amp;ref_src=twsrc%5Etfw\">#Crypto<\/a> markets have continued to stay high Wednesday. <a href=\"https:\/\/twitter.com\/hashtag\/Bitcoin?src=hash&amp;ref_src=twsrc%5Etfw\">#Bitcoin<\/a> and other prices are being fueled by optimism surrounding the impending exposure rise from probable <a href=\"https:\/\/twitter.com\/hashtag\/ETF?src=hash&amp;ref_src=twsrc%5Etfw\">#ETF<\/a> listings. With <a href=\"https:\/\/twitter.com\/hashtag\/Blackrock?src=hash&amp;ref_src=twsrc%5Etfw\">#Blackrock<\/a>&#39;s <a href=\"https:\/\/twitter.com\/hashtag\/iShares?src=hash&amp;ref_src=twsrc%5Etfw\">#iShares<\/a> relisted on the <a href=\"https:\/\/twitter.com\/hashtag\/DTCC?src=hash&amp;ref_src=twsrc%5Etfw\">#DTCC<\/a>, we saw yet another boost. \ud83d\udcc8\u2026 <a href=\"https:\/\/t.co\/XVfy7tKOBA\">pic.twitter.com\/XVfy7tKOBA<\/a><\/p>\n<p>&mdash; Santiment (@santimentfeed) <a href=\"https:\/\/twitter.com\/santimentfeed\/status\/1717232482712719506?ref_src=twsrc%5Etfw\">October 25, 2023<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<hr \/>\n<p style=\"text-align: center;\">Read\u00a0<a href=\"http:\/\/ambcrypto.com\/predictions\/bitcoin-price-prediction\" target=\"_blank\" rel=\"noopener\" data-wpel-link=\"internal\">Bitcoin [BTC] Price Prediction 2023-24<\/a><\/p>\n<hr \/>\n<h4><b>Reintroduced and revived<\/b><\/h4>\n<p><span style=\"font-weight: 400;\">For the unaccustomed, the DTCC is a US-based corporation providing clearing and settlement services for the financial market. Two days ago, the iShares ETF appeared on the DTCC market. This led market players to assume that the ETF application by the firm could be <\/span><a href=\"http:\/\/ambcrypto.com\/blackrocks-spot-bitcoin-etf-another-rumor-gets-dispelled\/\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">approved<\/span><\/a><span style=\"font-weight: 400;\"> sooner than initially projected.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">But, a few hours later, the listing was yanked off, and moments after, the U.S. SEC fined BlackRock $2.5 million. However, the fine was unrelated to the listing on the DTCC. Rather, it was a matter of the institution\u2019s<\/span><a href=\"https:\/\/www.reuters.com\/legal\/blackrock-pay-25-million-penalty-after-sec-disclosure-charges-2023-10-24\/\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\"> failure<\/span><\/a><span style=\"font-weight: 400;\"> to disclose some of its investments.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Although BTC was changing hands at $34,445 at press time, the fear and greed index had <\/span><span style=\"font-weight: 400;\">risen<\/span><span style=\"font-weight: 400;\"> to a value of 71. With a score from 0 to 10, the crypto fear and greed index is an indicator that helps to gauge market sentiment.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">It can also be helpful in identifying entry and exit in the market. Values below 50 signify fear. And at times, a neutral position. Values between 50 and 74 indicate greed while those from 75 and above show extreme greed.<\/span><\/p>\n<p><a href=\"http:\/\/ambcrypto.com\/wp-content\/uploads\/2023\/10\/Screenshot-2023-10-26-at-11.37.37.png\"><img decoding=\"async\" class=\"wp-image-353926 size-full aligncenter\" src=\"http:\/\/ambcrypto.com\/wp-content\/uploads\/2023\/10\/Screenshot-2023-10-26-at-11.37.37.png\" alt=\"Crypto fear and greed index\" width=\"837\" height=\"270\" srcset=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2023\/10\/Screenshot-2023-10-26-at-11.37.37.png 837w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2023\/10\/Screenshot-2023-10-26-at-11.37.37-300x97.png 300w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2023\/10\/Screenshot-2023-10-26-at-11.37.37-768x248.png 768w\" sizes=\"(max-width: 837px) 100vw, 837px\" \/><\/a><\/p>\n<p><span style=\"font-weight: 400;\">The value of the coveted index mentioned above means that there was enough profit in the market. It also infers that the BTC price could be due for a correction. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">Previously, AMBCrypto <\/span><a href=\"http:\/\/ambcrypto.com\/how-fomo-around-bitcoin-etfs-can-change-the-tides\/\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">reported<\/span><\/a><span style=\"font-weight: 400;\"> how the king coin may not follow historical trends where a heated market leads to a significant drawdown.\u00a0<\/span><\/p>\n<h4><b>Hold on! A correction could be coming<\/b><\/h4>\n<p><span style=\"font-weight: 400;\">But now the market seems to agree that a pullback might be possible. This was also reinforced by the <\/span><a href=\"https:\/\/app.santiment.net\/charts\/qGPIXeU7__sCl\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">weighted sentiment<\/span><\/a><span style=\"font-weight: 400;\"> which had declined to -0.071. As a measure of the positive\/negative commentary, the negative value of the weighted sentiment means correction could actually be on the cards.<\/span><\/p>\n<figure id=\"attachment_353925\" aria-describedby=\"caption-attachment-353925\" style=\"width: 2560px\" class=\"wp-caption aligncenter\"><a href=\"http:\/\/ambcrypto.com\/wp-content\/uploads\/2023\/10\/Bitcoin-BTC-11.50.53-26-Oct-2023.png\"><img decoding=\"async\" class=\"size-full wp-image-353925\" src=\"http:\/\/ambcrypto.com\/wp-content\/uploads\/2023\/10\/Bitcoin-BTC-11.50.53-26-Oct-2023.png\" alt=\"BTC price and Bitcoin weighted sentiment\" width=\"2560\" height=\"867\" srcset=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2023\/10\/Bitcoin-BTC-11.50.53-26-Oct-2023.png 2560w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2023\/10\/Bitcoin-BTC-11.50.53-26-Oct-2023-300x102.png 300w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2023\/10\/Bitcoin-BTC-11.50.53-26-Oct-2023-1024x347.png 1024w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2023\/10\/Bitcoin-BTC-11.50.53-26-Oct-2023-768x260.png 768w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2023\/10\/Bitcoin-BTC-11.50.53-26-Oct-2023-1536x520.png 1536w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2023\/10\/Bitcoin-BTC-11.50.53-26-Oct-2023-2048x693.png 2048w\" sizes=\"(max-width: 2560px) 100vw, 2560px\" \/><\/a><figcaption id=\"caption-attachment-353925\" class=\"wp-caption-text\">Source: Santiment<\/figcaption><\/figure>\n<p><span style=\"font-weight: 400;\">Analyst and trader Ali Martinez also shared the same opinion via his post on X (formerly Twitter). According to Martinez, BTC could experience a 5% correction down to $33,000. However, he also noted that the pullback could drive another Year-To-Date (YTD) high for the coin.<\/span><\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\"><a href=\"https:\/\/twitter.com\/hashtag\/Bitcoin?src=hash&amp;ref_src=twsrc%5Etfw\">#Bitcoin<\/a> looks like it wants to pull back before advancing higher!<a href=\"https:\/\/twitter.com\/search?q=%24BTC&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$BTC<\/a> appears to have formed an ascending triangle on the hourly chart. As <a href=\"https:\/\/twitter.com\/hashtag\/BTC?src=hash&amp;ref_src=twsrc%5Etfw\">#BTC<\/a> trades below the hypotenuse, the odds increase for a 5% correction toward $33,000.<\/p>\n<p>You can try this trading strategy at @bytradeio.\u2026 <a href=\"https:\/\/t.co\/IOPjq61oEq\">pic.twitter.com\/IOPjq61oEq<\/a><\/p>\n<p>&mdash; Ali Charts (@alicharts) <a href=\"https:\/\/twitter.com\/alicharts\/status\/1717487765321822257?ref_src=twsrc%5Etfw\">October 26, 2023<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p><span style=\"font-weight: 400;\">One tool that could be useful in identifying how far Bitcoin might pull back is the <\/span><a href=\"https:\/\/hyblockcapital.com\/liquidationlevel-heatmap\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">liquidation heatmap<\/span><\/a><span style=\"font-weight: 400;\">. This indicator tells traders the certain regions where there could be high levels of liquidations.<\/span><\/p>\n<hr \/>\n<p style=\"text-align: center;\"><span style=\"font-weight: 400;\">Is your portfolio green? Check the <\/span><a href=\"http:\/\/ambcrypto.com\/calculator\/bitcoin-profit-calculator\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">Bitcoin Profit Calculator<\/span><\/a><\/p>\n<hr \/>\n<p><span style=\"font-weight: 400;\">The colors of this indicator range from purple to yellow, with the latter being the levels with the highest level of possible liquidations. From HyblockCapital\u2019s data, BTC\u2019s high level of liquidation could be between $30,750 and $33,172.<\/span><\/p>\n<figure id=\"attachment_353927\" aria-describedby=\"caption-attachment-353927\" style=\"width: 1171px\" class=\"wp-caption aligncenter\"><a href=\"http:\/\/ambcrypto.com\/wp-content\/uploads\/2023\/10\/Screenshot-2023-10-26-at-11.59.19.png\"><img decoding=\"async\" class=\"size-full wp-image-353927\" src=\"http:\/\/ambcrypto.com\/wp-content\/uploads\/2023\/10\/Screenshot-2023-10-26-at-11.59.19.png\" alt=\"Bitcoin liquidation heatmap\" width=\"1171\" height=\"662\" srcset=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2023\/10\/Screenshot-2023-10-26-at-11.59.19.png 1171w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2023\/10\/Screenshot-2023-10-26-at-11.59.19-300x170.png 300w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2023\/10\/Screenshot-2023-10-26-at-11.59.19-1024x579.png 1024w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2023\/10\/Screenshot-2023-10-26-at-11.59.19-768x434.png 768w\" sizes=\"(max-width: 1171px) 100vw, 1171px\" \/><\/a><figcaption id=\"caption-attachment-353927\" class=\"wp-caption-text\">Source: HyblockCapital<\/figcaption><\/figure>\n<p><span style=\"font-weight: 400;\">Therefore, traders with short positions and expecting a long period of profit-taking that could plunge the Bitcoin price may be at risk. For those with long positions, watching out for where to keep Stop Loss (SL) remains important.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>While Bitcoin price jumped, a correction to $33,000 could be likely. The sentiment around the market seems to have dampened but a new high could also be hit in a few weeks.<\/p>\n","protected":false},"author":72,"featured_media":353923,"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-353921","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>How Bitcoin\u2019s revival to $35K can affect its upcoming movement - AMBCrypto<\/title>\n<meta name=\"description\" content=\"The price of Bitcoin [BTC] climbed above $35,000 again after the king coin lost hold on the region a few days ago. According to\" \/>\n<meta name=\"robots\" content=\"index, follow, max-image-preview:large\" \/>\n<link rel=\"canonical\" href=\"https:\/\/ambcrypto.com\/how-bitcoins-revival-to-35k-can-affect-its-upcoming-movement\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"How Bitcoin\u2019s revival to $35K can affect its upcoming movement - AMBCrypto\" \/>\n<meta property=\"og:description\" content=\"While Bitcoin price jumped, a correction to $33,000 could be likely. The sentiment around the market seems to have dampened but a new high could also be hit in a few weeks.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/ambcrypto.com\/how-bitcoins-revival-to-35k-can-affect-its-upcoming-movement\/\" \/>\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=\"2023-10-27T02:30:54+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-02-22T07:49:51+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2023\/10\/Bitcoin_BlackRock_1200x900.webp\" \/>\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\/webp\" \/>\n<meta name=\"author\" content=\"Victor Olanrewaju\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@https:\/\/twitter.com\/vic_olanrewaju\" \/>\n<meta name=\"twitter:site\" content=\"@CryptoAmb\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Victor Olanrewaju\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"AnalysisNewsArticle\",\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/how-bitcoins-revival-to-35k-can-affect-its-upcoming-movement\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/how-bitcoins-revival-to-35k-can-affect-its-upcoming-movement\\\/\"},\"author\":{\"name\":\"Victor Olanrewaju\",\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/#\\\/schema\\\/person\\\/adb85c1ce0574a1ee41039ff452315e5\"},\"headline\":\"How Bitcoin\u2019s revival to $35K can affect its upcoming movement\",\"datePublished\":\"2023-10-27T02:30:54+00:00\",\"dateModified\":\"2024-02-22T07:49:51+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/how-bitcoins-revival-to-35k-can-affect-its-upcoming-movement\\\/\"},\"wordCount\":580,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/how-bitcoins-revival-to-35k-can-affect-its-upcoming-movement\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/ambcrypto.com\\\/wp-content\\\/uploads\\\/2023\\\/10\\\/Bitcoin_BlackRock_1200x900.webp\",\"articleSection\":[\"Bitcoin\",\"BTC Trading View\",\"News\",\"News 1\",\"Social\",\"Trading View\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/ambcrypto.com\\\/how-bitcoins-revival-to-35k-can-affect-its-upcoming-movement\\\/#respond\"]}],\"copyrightYear\":\"2023\",\"copyrightHolder\":{\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/how-bitcoins-revival-to-35k-can-affect-its-upcoming-movement\\\/\",\"url\":\"https:\\\/\\\/ambcrypto.com\\\/how-bitcoins-revival-to-35k-can-affect-its-upcoming-movement\\\/\",\"name\":\"How Bitcoin\u2019s revival to $35K can affect its upcoming movement - AMBCrypto\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/how-bitcoins-revival-to-35k-can-affect-its-upcoming-movement\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/how-bitcoins-revival-to-35k-can-affect-its-upcoming-movement\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/ambcrypto.com\\\/wp-content\\\/uploads\\\/2023\\\/10\\\/Bitcoin_BlackRock_1200x900.webp\",\"datePublished\":\"2023-10-27T02:30:54+00:00\",\"dateModified\":\"2024-02-22T07:49:51+00:00\",\"description\":\"The price of Bitcoin [BTC] climbed above $35,000 again after the king coin lost hold on the region a few days ago. According to\",\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/ambcrypto.com\\\/how-bitcoins-revival-to-35k-can-affect-its-upcoming-movement\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/how-bitcoins-revival-to-35k-can-affect-its-upcoming-movement\\\/#primaryimage\",\"url\":\"https:\\\/\\\/ambcrypto.com\\\/wp-content\\\/uploads\\\/2023\\\/10\\\/Bitcoin_BlackRock_1200x900.webp\",\"contentUrl\":\"https:\\\/\\\/ambcrypto.com\\\/wp-content\\\/uploads\\\/2023\\\/10\\\/Bitcoin_BlackRock_1200x900.webp\",\"width\":1200,\"height\":900,\"caption\":\"Bitcoin news\"},{\"@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\\\/adb85c1ce0574a1ee41039ff452315e5\",\"name\":\"Victor Olanrewaju\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/wp-content\\\/uploads\\\/2023\\\/03\\\/IMG-9126-scaled-e1677641698928-150x150.jpg\",\"url\":\"https:\\\/\\\/ambcrypto.com\\\/wp-content\\\/uploads\\\/2023\\\/03\\\/IMG-9126-scaled-e1677641698928-150x150.jpg\",\"contentUrl\":\"https:\\\/\\\/ambcrypto.com\\\/wp-content\\\/uploads\\\/2023\\\/03\\\/IMG-9126-scaled-e1677641698928-150x150.jpg\",\"caption\":\"Victor Olanrewaju\"},\"description\":\"Victor Olanrewaju is a full-time journalist at AMBCrypto. Settled in Lagos, his fascination with blockchain technology and the cryptocurrency market arose out of his love of freedom and everything free. As a Nigerian, Victor understands the impact unfounded financial restrictions have on a population. He sees Bitcoin and cryptos as a way to circumvent these obstacles, as a tool for value creation despite all the setbacks. A graduate in Physics, Victor previously worked as a Senior Marketer at Melange Technologies. Before that, he dealt with crypto-marketers on a regular basis in his capacity as Copywriter at Ventrix Media. At AMBCrypto, Victor\u2019s focus is on assessing the real effectiveness of both on-chain and off-chain developments on a project and its community sentiment.\",\"sameAs\":[\"https:\\\/\\\/www.linkedin.com\\\/in\\\/victor-olanrewaju\\\/\",\"https:\\\/\\\/x.com\\\/https:\\\/\\\/twitter.com\\\/vic_olanrewaju\"],\"knowsAbout\":[\"Technical Analysis\",\"Crypto Market Trends\",\"Crypto Market Analysis\"],\"jobTitle\":\"Journalist\",\"worksFor\":\"AMBCrypto\",\"url\":\"https:\\\/\\\/ambcrypto.com\\\/author\\\/victor-olanrewaju\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"How Bitcoin\u2019s revival to $35K can affect its upcoming movement - AMBCrypto","description":"The price of Bitcoin [BTC] climbed above $35,000 again after the king coin lost hold on the region a few days ago. According to","robots":{"index":"index","follow":"follow","max-image-preview":"max-image-preview:large"},"canonical":"https:\/\/ambcrypto.com\/how-bitcoins-revival-to-35k-can-affect-its-upcoming-movement\/","og_locale":"en_US","og_type":"article","og_title":"How Bitcoin\u2019s revival to $35K can affect its upcoming movement - AMBCrypto","og_description":"While Bitcoin price jumped, a correction to $33,000 could be likely. The sentiment around the market seems to have dampened but a new high could also be hit in a few weeks.","og_url":"https:\/\/ambcrypto.com\/how-bitcoins-revival-to-35k-can-affect-its-upcoming-movement\/","og_site_name":"AMBCrypto","article_publisher":"https:\/\/www.facebook.com\/cryptoamb","article_published_time":"2023-10-27T02:30:54+00:00","article_modified_time":"2024-02-22T07:49:51+00:00","og_image":[{"width":1200,"height":900,"url":"https:\/\/ambcrypto.com\/wp-content\/uploads\/2023\/10\/Bitcoin_BlackRock_1200x900.webp","type":"image\/webp"}],"author":"Victor Olanrewaju","twitter_card":"summary_large_image","twitter_creator":"@https:\/\/twitter.com\/vic_olanrewaju","twitter_site":"@CryptoAmb","twitter_misc":{"Written by":"Victor Olanrewaju","Est. reading time":"4 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"AnalysisNewsArticle","@id":"https:\/\/ambcrypto.com\/how-bitcoins-revival-to-35k-can-affect-its-upcoming-movement\/#article","isPartOf":{"@id":"https:\/\/ambcrypto.com\/how-bitcoins-revival-to-35k-can-affect-its-upcoming-movement\/"},"author":{"name":"Victor Olanrewaju","@id":"https:\/\/ambcrypto.com\/#\/schema\/person\/adb85c1ce0574a1ee41039ff452315e5"},"headline":"How Bitcoin\u2019s revival to $35K can affect its upcoming movement","datePublished":"2023-10-27T02:30:54+00:00","dateModified":"2024-02-22T07:49:51+00:00","mainEntityOfPage":{"@id":"https:\/\/ambcrypto.com\/how-bitcoins-revival-to-35k-can-affect-its-upcoming-movement\/"},"wordCount":580,"commentCount":0,"publisher":{"@id":"https:\/\/ambcrypto.com\/#organization"},"image":{"@id":"https:\/\/ambcrypto.com\/how-bitcoins-revival-to-35k-can-affect-its-upcoming-movement\/#primaryimage"},"thumbnailUrl":"https:\/\/ambcrypto.com\/wp-content\/uploads\/2023\/10\/Bitcoin_BlackRock_1200x900.webp","articleSection":["Bitcoin","BTC Trading View","News","News 1","Social","Trading View"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/ambcrypto.com\/how-bitcoins-revival-to-35k-can-affect-its-upcoming-movement\/#respond"]}],"copyrightYear":"2023","copyrightHolder":{"@id":"https:\/\/ambcrypto.com\/#organization"}},{"@type":"WebPage","@id":"https:\/\/ambcrypto.com\/how-bitcoins-revival-to-35k-can-affect-its-upcoming-movement\/","url":"https:\/\/ambcrypto.com\/how-bitcoins-revival-to-35k-can-affect-its-upcoming-movement\/","name":"How Bitcoin\u2019s revival to $35K can affect its upcoming movement - AMBCrypto","isPartOf":{"@id":"https:\/\/ambcrypto.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/ambcrypto.com\/how-bitcoins-revival-to-35k-can-affect-its-upcoming-movement\/#primaryimage"},"image":{"@id":"https:\/\/ambcrypto.com\/how-bitcoins-revival-to-35k-can-affect-its-upcoming-movement\/#primaryimage"},"thumbnailUrl":"https:\/\/ambcrypto.com\/wp-content\/uploads\/2023\/10\/Bitcoin_BlackRock_1200x900.webp","datePublished":"2023-10-27T02:30:54+00:00","dateModified":"2024-02-22T07:49:51+00:00","description":"The price of Bitcoin [BTC] climbed above $35,000 again after the king coin lost hold on the region a few days ago. According to","inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/ambcrypto.com\/how-bitcoins-revival-to-35k-can-affect-its-upcoming-movement\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/ambcrypto.com\/how-bitcoins-revival-to-35k-can-affect-its-upcoming-movement\/#primaryimage","url":"https:\/\/ambcrypto.com\/wp-content\/uploads\/2023\/10\/Bitcoin_BlackRock_1200x900.webp","contentUrl":"https:\/\/ambcrypto.com\/wp-content\/uploads\/2023\/10\/Bitcoin_BlackRock_1200x900.webp","width":1200,"height":900,"caption":"Bitcoin news"},{"@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\/adb85c1ce0574a1ee41039ff452315e5","name":"Victor Olanrewaju","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/ambcrypto.com\/wp-content\/uploads\/2023\/03\/IMG-9126-scaled-e1677641698928-150x150.jpg","url":"https:\/\/ambcrypto.com\/wp-content\/uploads\/2023\/03\/IMG-9126-scaled-e1677641698928-150x150.jpg","contentUrl":"https:\/\/ambcrypto.com\/wp-content\/uploads\/2023\/03\/IMG-9126-scaled-e1677641698928-150x150.jpg","caption":"Victor Olanrewaju"},"description":"Victor Olanrewaju is a full-time journalist at AMBCrypto. Settled in Lagos, his fascination with blockchain technology and the cryptocurrency market arose out of his love of freedom and everything free. As a Nigerian, Victor understands the impact unfounded financial restrictions have on a population. He sees Bitcoin and cryptos as a way to circumvent these obstacles, as a tool for value creation despite all the setbacks. A graduate in Physics, Victor previously worked as a Senior Marketer at Melange Technologies. Before that, he dealt with crypto-marketers on a regular basis in his capacity as Copywriter at Ventrix Media. At AMBCrypto, Victor\u2019s focus is on assessing the real effectiveness of both on-chain and off-chain developments on a project and its community sentiment.","sameAs":["https:\/\/www.linkedin.com\/in\/victor-olanrewaju\/","https:\/\/x.com\/https:\/\/twitter.com\/vic_olanrewaju"],"knowsAbout":["Technical Analysis","Crypto Market Trends","Crypto Market Analysis"],"jobTitle":"Journalist","worksFor":"AMBCrypto","url":"https:\/\/ambcrypto.com\/author\/victor-olanrewaju\/"}]}},"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/ambcrypto.com\/wp-json\/wp\/v2\/posts\/353921","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\/72"}],"replies":[{"embeddable":true,"href":"https:\/\/ambcrypto.com\/wp-json\/wp\/v2\/comments?post=353921"}],"version-history":[{"count":0,"href":"https:\/\/ambcrypto.com\/wp-json\/wp\/v2\/posts\/353921\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ambcrypto.com\/wp-json\/wp\/v2\/media\/353923"}],"wp:attachment":[{"href":"https:\/\/ambcrypto.com\/wp-json\/wp\/v2\/media?parent=353921"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ambcrypto.com\/wp-json\/wp\/v2\/categories?post=353921"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ambcrypto.com\/wp-json\/wp\/v2\/tags?post=353921"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}