{"id":519685,"date":"2023-02-14T23:38:51","date_gmt":"2023-02-14T23:38:51","guid":{"rendered":"https:\/\/uniquehot.com\/?p=519685"},"modified":"2024-06-11T08:03:59","modified_gmt":"2024-06-11T08:03:59","slug":"forget-the-moon-bitcoin-could-target-the-cloud-at-40k","status":"publish","type":"post","link":"https:\/\/uniquehot.com\/news\/forget-the-moon-bitcoin-could-target-the-cloud-at-40k\/","title":{"rendered":"Forget The Moon: Bitcoin Could Target The \u201cCloud\u201d At $40K"},"content":{"rendered":"

Bitcoin bulls<\/a> are hoping the bottom is in and heads off onto another moon mission toward new all-time highs.\u00a0<\/span><\/p>\n

But before it gets there, if the bottom is indeed in, the top cryptocurrency by market cap could target the top of the weekly BTCUSD Ichimoku cloud next. Let\u2019s take a look.\u00a0<\/span><\/p>\n

Why Bitcoin Could Soon Target $40,000<\/h2>\n

The Ichimoku Kinko Hyo<\/a> was developed in the 1930s by Japanese journalist Goichi Hosoda, and is loosely translated to \u201cone glance equilibrium chart.\u201d<\/p>\n

Related Reading: Total Crypto Chart To Golden Cross Just Below $1 Trillion\u00a0<\/a><\/div>\n

The Ichimoku indicator is a unique tool, generating a \u201cgraphic environment\u201d with a variety of signals.\u00a0 <\/span>For example, Bitcoin is trading above the Tenkan-sen and Kijun-sen, which is a bullish signal. However, the two lines remain crossed bearish and the sideways action of the Kijin-sen suggests the market is lacking a clear trend direction.<\/p>\n

Bitcoin passing above the two lines in the past has put in a bottom on the one-week timeframe. If the bottom is indeed in, history then suggests that the next stop for BTCUSD would be the top of the Ichimoku cloud<\/a> located at roughly $40,000 per BTC.\u00a0<\/span><\/p>\n

\"BTCUSD_2023-02-14_18-27-24\"<\/p>\n

Could Bitcoin target the top of the cloud next? | BTCUSD on TradingView.com<\/a><\/pre>\n
BTCUSD History And The Ichimoku Cloud<\/h2>\n
Following Bitcoin\u2019s first ever 90% correction, the young cryptocurrency rebounded to the top of the cloud at around $16 in 2012 before climbing to over $1,000 per coin.\u00a0<\/span><\/p>\n
In 2015, BTCUSD bottomed at roughly $150, then bounced to the top of the cloud at roughly $400 in 2016 before blasting off to $20,000 in 2017.\u00a0<\/span>After the 2018 bottom was in, Bitcoin once again tapped the top of the cloud as its next stop at around $13,000 per BTC.\u00a0<\/span><\/p>\n
\"BTCUSD_2023-02-14_18-29-54\"<\/p>\n
History suggests the cloud it the target | BTCUSD on TradingView.com<\/a><\/pre>\n
Today, Bitcoin is trading at $22,000 and the top of the Ichimoku cloud is at roughly $43,000 per coin. If history repeats \u2013 and the cryptocurrency is currently three for three once the bottom was in \u2013 then Bitcoin could reach the target in a matter of months<\/a>.\u00a0<\/span><\/p>\n
The cloud, also called the kumo, is made up of Senkou span A and Senkou span B. The edges of the kumo identify possible areas of future<\/em> support and resistance.\u00a0<\/span><\/p>\n
Related Reading: Bitcoin Weekly RSI Reaches Line Between Bear & Bull Market<\/a><\/div>\n
Other signals the kumo can provide include measuring volatility by the narrowing or thickening of clouds, or potential trend changes when the cloud flips from red to green or vice versa.\u00a0<\/span><\/p>\n
After a large collapse and FTX-related volatility, the Ichimoku cloud is looking extra thick, but it could ultimately prove to be where Bitcoin targets next.\u00a0<\/span><\/p>\n
Follow @TonyTheBullBTC on Twitter<\/a> or join\u00a0the TonyTradesBTC Telegram<\/a> for exclusive daily market insights and technical analysis education. Please note: Content is\u00a0educational and should not be\u00a0considered investment advice. Featured image from iStockPhoto, Charts from TradingView.com<\/div>\n","protected":false},"excerpt":{"rendered":"
Bitcoin bulls are hoping the bottom is in and heads off onto another moon mission toward new all-time highs.\u00a0 But before it gets there, if the bottom is indeed in, the top cryptocurrency by market cap could target the top of the weekly BTCUSD Ichimoku cloud next. Let\u2019s take a look.\u00a0 Why Bitcoin Could Soon Target $40,000 The Ichimoku Kinko Hyo was developed in the 1930s by Japanese journalist Goichi Hosoda, and is loosely translated to \u201cone glance equilibrium chart.\u201d Related Reading: Total Crypto Chart To Golden Cross Just Below $1 Trillion\u00a0 The Ichimoku indicator is a unique tool, generating a \u201cgraphic environment\u201d with a variety of signals.\u00a0 For example, Bitcoin is trading above the Tenkan-sen and Kijun-sen, which is a bullish signal. However, the two lines remain crossed bearish and the sideways action of the Kijin-sen suggests the market is lacking a clear trend direction. Bitcoin passing above the two lines in the past has put in a bottom on the one-week timeframe. If the bottom is indeed in, history then suggests that the next stop for BTCUSD would be the top of the Ichimoku cloud located at roughly $40,000 per BTC.\u00a0 Could Bitcoin target the top of the cloud next? | BTCUSD on TradingView.com BTCUSD History And The Ichimoku Cloud Following Bitcoin\u2019s first ever 90% correction, the young cryptocurrency rebounded to the top of the cloud at around $16 in 2012 before climbing to over $1,000 per coin.\u00a0 In 2015, BTCUSD bottomed at roughly $150, then bounced to the top of the cloud at roughly $400 in 2016 before blasting off to $20,000 in 2017.\u00a0After the 2018 bottom was in, Bitcoin once again tapped the top of the cloud as its next stop at around $13,000 per BTC.\u00a0 History suggests the cloud it the target | BTCUSD on TradingView.com Today, Bitcoin is trading at $22,000 and the top of the Ichimoku cloud is at roughly $43,000 per coin. If history repeats \u2013 and the cryptocurrency is currently three for three once the bottom was in \u2013 then Bitcoin could reach the target in a matter of months.\u00a0 The cloud, also called the kumo, is made up of Senkou span A and Senkou span B. The edges of the kumo identify possible areas of future support and resistance.\u00a0 Related Reading: Bitcoin Weekly RSI Reaches Line Between Bear & Bull Market Other signals the kumo can provide include measuring volatility by the narrowing or thickening of clouds, or potential trend changes when the cloud flips from red to green or vice versa.\u00a0 After a large collapse and FTX-related volatility, the Ichimoku cloud is looking extra thick, but it could ultimately prove to be where Bitcoin targets next.\u00a0 Follow @TonyTheBullBTC on Twitter or join\u00a0the TonyTradesBTC Telegram for exclusive daily market insights and technical analysis education. Please note: Content is\u00a0educational and should not be\u00a0considered investment advice. Featured image from iStockPhoto, Charts from TradingView.com<\/p>\n","protected":false},"author":517,"featured_media":519688,"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":[428,1119,1144,78790,6664,79529,4524,76835],"class_list":["post-519685","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-bitcoin","tag-btc","tag-btcusd","tag-btcusdt","tag-crypto","tag-ichimoku","tag-xbt","tag-xbtusd"],"acf":[],"yoast_head":"\nForget The Moon: Bitcoin Could Target The \u201cCloud\u201d At $40K<\/title>\n<meta name=\"description\" content=\"Bitcoin bulls are hoping the bottom is in and heads off onto another moon mission toward new all-time highs.\u00a0 But before it gets there, if the bottom is\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/uniquehot.com\/news\/forget-the-moon-bitcoin-could-target-the-cloud-at-40k\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Forget The Moon: Bitcoin Could Target The \u201cCloud\u201d At $40K\" \/>\n<meta property=\"og:description\" content=\"Bitcoin bulls are hoping the bottom is in and heads off onto another moon mission toward new all-time highs.\u00a0 But before it gets there, if the bottom is\" \/>\n<meta property=\"og:url\" content=\"https:\/\/uniquehot.com\/news\/forget-the-moon-bitcoin-could-target-the-cloud-at-40k\/\" \/>\n<meta property=\"og:site_name\" content=\"NewsBTC\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/newsbtc\" \/>\n<meta property=\"article:published_time\" content=\"2023-02-14T23:38:51+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-06-11T08:03:59+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/uniquehot.com\/wp-content\/uploads\/2023\/02\/iStock-1215280342.jpeg?fit=1254%2C837\" \/>\n\t<meta property=\"og:image:width\" content=\"1254\" \/>\n\t<meta property=\"og:image:height\" content=\"837\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Tony "El Toro" Severino\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@https:\/\/twitter.com\/tonythebullBTC\" \/>\n<meta name=\"twitter:site\" content=\"@newsbtc\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Tony "El Toro" Severino\" \/>\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:\/\/uniquehot.com\/news\/forget-the-moon-bitcoin-could-target-the-cloud-at-40k\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/uniquehot.com\/news\/forget-the-moon-bitcoin-could-target-the-cloud-at-40k\/\"},\"author\":{\"name\":\"Tony \\\"El Toro\\\" Severino\",\"@id\":\"https:\/\/uniquehot.com\/#\/schema\/person\/5322c9a09a6f19804bb578de17556a1d\"},\"headline\":\"Forget The Moon: Bitcoin Could Target The \u201cCloud\u201d At $40K\",\"datePublished\":\"2023-02-14T23:38:51+00:00\",\"dateModified\":\"2024-06-11T08:03:59+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/uniquehot.com\/news\/forget-the-moon-bitcoin-could-target-the-cloud-at-40k\/\"},\"wordCount\":455,\"publisher\":{\"@id\":\"https:\/\/uniquehot.com\/#organization\"},\"image\":{\"@id\":\"https:\/\/uniquehot.com\/news\/forget-the-moon-bitcoin-could-target-the-cloud-at-40k\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/uniquehot.com\/wp-content\/uploads\/2023\/02\/iStock-1215280342.jpeg?fit=1254%2C837\",\"keywords\":[\"bitcoin\",\"btc\",\"btcusd\",\"BTCUSDT\",\"crypto\",\"ichimoku\",\"xbt\",\"xbtusd\"],\"articleSection\":[\"Cryptocurrency Market News\"],\"inLanguage\":\"en-US\",\"copyrightYear\":\"2023\",\"copyrightHolder\":{\"@id\":\"https:\/\/uniquehot.com\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/uniquehot.com\/news\/forget-the-moon-bitcoin-could-target-the-cloud-at-40k\/\",\"url\":\"https:\/\/uniquehot.com\/news\/forget-the-moon-bitcoin-could-target-the-cloud-at-40k\/\",\"name\":\"Forget The Moon: Bitcoin Could Target The \u201cCloud\u201d At $40K\",\"isPartOf\":{\"@id\":\"https:\/\/uniquehot.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/uniquehot.com\/news\/forget-the-moon-bitcoin-could-target-the-cloud-at-40k\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/uniquehot.com\/news\/forget-the-moon-bitcoin-could-target-the-cloud-at-40k\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/uniquehot.com\/wp-content\/uploads\/2023\/02\/iStock-1215280342.jpeg?fit=1254%2C837\",\"datePublished\":\"2023-02-14T23:38:51+00:00\",\"dateModified\":\"2024-06-11T08:03:59+00:00\",\"description\":\"Bitcoin bulls are hoping the bottom is in and heads off onto another moon mission toward new all-time highs.\u00a0 But before it gets there, if the bottom is\",\"breadcrumb\":{\"@id\":\"https:\/\/uniquehot.com\/news\/forget-the-moon-bitcoin-could-target-the-cloud-at-40k\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/uniquehot.com\/news\/forget-the-moon-bitcoin-could-target-the-cloud-at-40k\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/uniquehot.com\/news\/forget-the-moon-bitcoin-could-target-the-cloud-at-40k\/#primaryimage\",\"url\":\"https:\/\/uniquehot.com\/wp-content\/uploads\/2023\/02\/iStock-1215280342.jpeg?fit=1254%2C837\",\"contentUrl\":\"https:\/\/uniquehot.com\/wp-content\/uploads\/2023\/02\/iStock-1215280342.jpeg?fit=1254%2C837\",\"width\":1254,\"height\":837},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/uniquehot.com\/news\/forget-the-moon-bitcoin-could-target-the-cloud-at-40k\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/uniquehot.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Forget The Moon: Bitcoin Could Target The \u201cCloud\u201d At $40K\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/uniquehot.com\/#website\",\"url\":\"https:\/\/uniquehot.com\/\",\"name\":\"NewsBTC\",\"description\":\"Bitcoin & Cryptocurrency News Today\",\"publisher\":{\"@id\":\"https:\/\/uniquehot.com\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/uniquehot.com\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/uniquehot.com\/#organization\",\"name\":\"NewsBTC\",\"url\":\"https:\/\/uniquehot.com\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/uniquehot.com\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/uniquehot.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46\",\"contentUrl\":\"https:\/\/uniquehot.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46\",\"width\":157,\"height\":46,\"caption\":\"NewsBTC\"},\"image\":{\"@id\":\"https:\/\/uniquehot.com\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/www.facebook.com\/newsbtc\",\"https:\/\/x.com\/newsbtc\",\"https:\/\/www.youtube.com\/channel\/UC9v9erBEru5y4c3FA0wehEw\"]},{\"@type\":\"Person\",\"@id\":\"https:\/\/uniquehot.com\/#\/schema\/person\/5322c9a09a6f19804bb578de17556a1d\",\"name\":\"Tony \\\"El Toro\\\" Severino\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/uniquehot.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/129b75c18bdea8b048f1d7d526df61d7?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/129b75c18bdea8b048f1d7d526df61d7?s=96&d=mm&r=g\",\"caption\":\"Tony \\\"El Toro\\\" Severino\"},\"description\":\"Tony \\\"The Bull\\\" Severino, CMT, is a distinguished figure in the cryptocurrency analysis sector, renowned for his in-depth technical expertise and innovative approach to market trends. As the Head of Research at NewsBTC, Tony leads a team dedicated to providing cutting-edge insights and forecasts, helping both novice and experienced traders navigate the complexities of the crypto market. A seasoned Chartered Market Technician, Tony's prowess in identifying and capitalizing on market patterns is unmatched. His academic and professional journey in market analysis has firmly established him as a leading authority in technical trading strategies. Tony\u2019s approach is heavily influenced by the principles of Elliott Wave Theory, a method known for its rigorous assessment of investor psychology and price movements. Beyond his role at NewsBTC, Tony is the visionary founder of CoinChartist.io, an educational platform aimed at demystifying the nuances of cryptocurrency trading. CoinChartist.io serves as a valuable resource for traders seeking to enhance their technical analysis skills. The platform offers a range of learning tools and resources designed to empower traders with the knowledge to make informed trading decisions. In addition to his educational initiatives, Tony is a prolific author and a dominant voice in the crypto community. He writes the CoinChartist VIP newsletter, a weekly dispatch that has become a staple among crypto enthusiasts, revered for its insightful analysis and actionable trading advice. This newsletter has consistently ranked as a best-seller on SubStack, boasting thousands of subscribers who rely on Tony\u2019s expertise to guide their trading strategies. Tony is also celebrated for his literary contributions to the field. He is the author of the highest-rated Crypto Trading Journal on Amazon.com, a testament to his ability to communicate complex trading concepts in an accessible manner. This journal is widely regarded as an essential tool for traders aiming to track their progress and refine their strategies. Before his ascent in the financial analysis world, Tony honed his skills in journalism. His background in this field has endowed him with a unique ability to present intricate market dynamics in a clear and compelling manner, making his insights highly sought after by a broad audience that ranges from casual readers to professional traders. His professional affiliations underscore his commitment to excellence and continuous learning. As a partner of Elliott Wave International and TradingView, Tony collaborates with other leading experts to enhance his knowledge and skills. His active membership in the CMT Association further aligns him with the highest standards of industry practices and ethics. Tony\u2019s nickname, \\\"The Bull,\\\" aptly reflects his aggressive and optimistic outlook on the cryptocurrency markets. His forecasts often anticipate significant upturns, earning him a reputation for bullish predictions that have frequently led to lucrative outcomes for those who follow his advice. In summary, Tony \\\"The Bull\\\" Severino, CMT, is more than just a technical analyst; he is a mentor, educator, and innovator whose influence in the cryptocurrency space continues to grow. His dedication to advancing the understanding of market forces and his commitment to providing high-quality, reliable analysis make him a pivotal figure in the world of cryptocurrency trading.\",\"sameAs\":[\"https:\/\/coinchartist.io\/\",\"https:\/\/www.instagram.com\/coinchartist_io\/\",\"https:\/\/x.com\/https:\/\/twitter.com\/tonythebullBTC\",\"https:\/\/www.youtube.com\/@coinchartist_io\"],\"url\":\"https:\/\/uniquehot.com\/author\/tonymspilotro\/\"}]}<\/script>\n","yoast_head_json":{"title":"Forget The Moon: Bitcoin Could Target The \u201cCloud\u201d At $40K","description":"Bitcoin bulls are hoping the bottom is in and heads off onto another moon mission toward new all-time highs.\u00a0 But before it gets there, if the bottom is","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:\/\/uniquehot.com\/news\/forget-the-moon-bitcoin-could-target-the-cloud-at-40k\/","og_locale":"en_US","og_type":"article","og_title":"Forget The Moon: Bitcoin Could Target The \u201cCloud\u201d At $40K","og_description":"Bitcoin bulls are hoping the bottom is in and heads off onto another moon mission toward new all-time highs.\u00a0 But before it gets there, if the bottom is","og_url":"https:\/\/uniquehot.com\/news\/forget-the-moon-bitcoin-could-target-the-cloud-at-40k\/","og_site_name":"NewsBTC","article_publisher":"https:\/\/www.facebook.com\/newsbtc","article_published_time":"2023-02-14T23:38:51+00:00","article_modified_time":"2024-06-11T08:03:59+00:00","og_image":[{"width":1254,"height":837,"url":"https:\/\/uniquehot.com\/wp-content\/uploads\/2023\/02\/iStock-1215280342.jpeg?fit=1254%2C837","type":"image\/jpeg"}],"author":"Tony \"El Toro\" Severino","twitter_card":"summary_large_image","twitter_creator":"@https:\/\/twitter.com\/tonythebullBTC","twitter_site":"@newsbtc","twitter_misc":{"Written by":"Tony \"El Toro\" Severino","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"NewsArticle","@id":"https:\/\/uniquehot.com\/news\/forget-the-moon-bitcoin-could-target-the-cloud-at-40k\/#article","isPartOf":{"@id":"https:\/\/uniquehot.com\/news\/forget-the-moon-bitcoin-could-target-the-cloud-at-40k\/"},"author":{"name":"Tony \"El Toro\" Severino","@id":"https:\/\/uniquehot.com\/#\/schema\/person\/5322c9a09a6f19804bb578de17556a1d"},"headline":"Forget The Moon: Bitcoin Could Target The \u201cCloud\u201d At $40K","datePublished":"2023-02-14T23:38:51+00:00","dateModified":"2024-06-11T08:03:59+00:00","mainEntityOfPage":{"@id":"https:\/\/uniquehot.com\/news\/forget-the-moon-bitcoin-could-target-the-cloud-at-40k\/"},"wordCount":455,"publisher":{"@id":"https:\/\/uniquehot.com\/#organization"},"image":{"@id":"https:\/\/uniquehot.com\/news\/forget-the-moon-bitcoin-could-target-the-cloud-at-40k\/#primaryimage"},"thumbnailUrl":"https:\/\/uniquehot.com\/wp-content\/uploads\/2023\/02\/iStock-1215280342.jpeg?fit=1254%2C837","keywords":["bitcoin","btc","btcusd","BTCUSDT","crypto","ichimoku","xbt","xbtusd"],"articleSection":["Cryptocurrency Market News"],"inLanguage":"en-US","copyrightYear":"2023","copyrightHolder":{"@id":"https:\/\/uniquehot.com\/#organization"}},{"@type":"WebPage","@id":"https:\/\/uniquehot.com\/news\/forget-the-moon-bitcoin-could-target-the-cloud-at-40k\/","url":"https:\/\/uniquehot.com\/news\/forget-the-moon-bitcoin-could-target-the-cloud-at-40k\/","name":"Forget The Moon: Bitcoin Could Target The \u201cCloud\u201d At $40K","isPartOf":{"@id":"https:\/\/uniquehot.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/uniquehot.com\/news\/forget-the-moon-bitcoin-could-target-the-cloud-at-40k\/#primaryimage"},"image":{"@id":"https:\/\/uniquehot.com\/news\/forget-the-moon-bitcoin-could-target-the-cloud-at-40k\/#primaryimage"},"thumbnailUrl":"https:\/\/uniquehot.com\/wp-content\/uploads\/2023\/02\/iStock-1215280342.jpeg?fit=1254%2C837","datePublished":"2023-02-14T23:38:51+00:00","dateModified":"2024-06-11T08:03:59+00:00","description":"Bitcoin bulls are hoping the bottom is in and heads off onto another moon mission toward new all-time highs.\u00a0 But before it gets there, if the bottom is","breadcrumb":{"@id":"https:\/\/uniquehot.com\/news\/forget-the-moon-bitcoin-could-target-the-cloud-at-40k\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/uniquehot.com\/news\/forget-the-moon-bitcoin-could-target-the-cloud-at-40k\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/uniquehot.com\/news\/forget-the-moon-bitcoin-could-target-the-cloud-at-40k\/#primaryimage","url":"https:\/\/uniquehot.com\/wp-content\/uploads\/2023\/02\/iStock-1215280342.jpeg?fit=1254%2C837","contentUrl":"https:\/\/uniquehot.com\/wp-content\/uploads\/2023\/02\/iStock-1215280342.jpeg?fit=1254%2C837","width":1254,"height":837},{"@type":"BreadcrumbList","@id":"https:\/\/uniquehot.com\/news\/forget-the-moon-bitcoin-could-target-the-cloud-at-40k\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/uniquehot.com\/"},{"@type":"ListItem","position":2,"name":"Forget The Moon: Bitcoin Could Target The \u201cCloud\u201d At $40K"}]},{"@type":"WebSite","@id":"https:\/\/uniquehot.com\/#website","url":"https:\/\/uniquehot.com\/","name":"NewsBTC","description":"Bitcoin & Cryptocurrency News Today","publisher":{"@id":"https:\/\/uniquehot.com\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/uniquehot.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/uniquehot.com\/#organization","name":"NewsBTC","url":"https:\/\/uniquehot.com\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/uniquehot.com\/#\/schema\/logo\/image\/","url":"https:\/\/uniquehot.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46","contentUrl":"https:\/\/uniquehot.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46","width":157,"height":46,"caption":"NewsBTC"},"image":{"@id":"https:\/\/uniquehot.com\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/newsbtc","https:\/\/x.com\/newsbtc","https:\/\/www.youtube.com\/channel\/UC9v9erBEru5y4c3FA0wehEw"]},{"@type":"Person","@id":"https:\/\/uniquehot.com\/#\/schema\/person\/5322c9a09a6f19804bb578de17556a1d","name":"Tony \"El Toro\" Severino","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/uniquehot.com\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/129b75c18bdea8b048f1d7d526df61d7?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/129b75c18bdea8b048f1d7d526df61d7?s=96&d=mm&r=g","caption":"Tony \"El Toro\" Severino"},"description":"Tony \"The Bull\" Severino, CMT, is a distinguished figure in the cryptocurrency analysis sector, renowned for his in-depth technical expertise and innovative approach to market trends. As the Head of Research at NewsBTC, Tony leads a team dedicated to providing cutting-edge insights and forecasts, helping both novice and experienced traders navigate the complexities of the crypto market. A seasoned Chartered Market Technician, Tony's prowess in identifying and capitalizing on market patterns is unmatched. His academic and professional journey in market analysis has firmly established him as a leading authority in technical trading strategies. Tony\u2019s approach is heavily influenced by the principles of Elliott Wave Theory, a method known for its rigorous assessment of investor psychology and price movements. Beyond his role at NewsBTC, Tony is the visionary founder of CoinChartist.io, an educational platform aimed at demystifying the nuances of cryptocurrency trading. CoinChartist.io serves as a valuable resource for traders seeking to enhance their technical analysis skills. The platform offers a range of learning tools and resources designed to empower traders with the knowledge to make informed trading decisions. In addition to his educational initiatives, Tony is a prolific author and a dominant voice in the crypto community. He writes the CoinChartist VIP newsletter, a weekly dispatch that has become a staple among crypto enthusiasts, revered for its insightful analysis and actionable trading advice. This newsletter has consistently ranked as a best-seller on SubStack, boasting thousands of subscribers who rely on Tony\u2019s expertise to guide their trading strategies. Tony is also celebrated for his literary contributions to the field. He is the author of the highest-rated Crypto Trading Journal on Amazon.com, a testament to his ability to communicate complex trading concepts in an accessible manner. This journal is widely regarded as an essential tool for traders aiming to track their progress and refine their strategies. Before his ascent in the financial analysis world, Tony honed his skills in journalism. His background in this field has endowed him with a unique ability to present intricate market dynamics in a clear and compelling manner, making his insights highly sought after by a broad audience that ranges from casual readers to professional traders. His professional affiliations underscore his commitment to excellence and continuous learning. As a partner of Elliott Wave International and TradingView, Tony collaborates with other leading experts to enhance his knowledge and skills. His active membership in the CMT Association further aligns him with the highest standards of industry practices and ethics. Tony\u2019s nickname, \"The Bull,\" aptly reflects his aggressive and optimistic outlook on the cryptocurrency markets. His forecasts often anticipate significant upturns, earning him a reputation for bullish predictions that have frequently led to lucrative outcomes for those who follow his advice. In summary, Tony \"The Bull\" Severino, CMT, is more than just a technical analyst; he is a mentor, educator, and innovator whose influence in the cryptocurrency space continues to grow. His dedication to advancing the understanding of market forces and his commitment to providing high-quality, reliable analysis make him a pivotal figure in the world of cryptocurrency trading.","sameAs":["https:\/\/coinchartist.io\/","https:\/\/www.instagram.com\/coinchartist_io\/","https:\/\/x.com\/https:\/\/twitter.com\/tonythebullBTC","https:\/\/www.youtube.com\/@coinchartist_io"],"url":"https:\/\/uniquehot.com\/author\/tonymspilotro\/"}]}},"parsely":{"version":"1.1.0","meta":{"@context":"https:\/\/schema.org","@type":"NewsArticle","headline":"Forget The Moon: Bitcoin Could Target The \u201cCloud\u201d At $40K","url":"http:\/\/uniquehot.com\/news\/forget-the-moon-bitcoin-could-target-the-cloud-at-40k\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/uniquehot.com\/news\/forget-the-moon-bitcoin-could-target-the-cloud-at-40k\/"},"thumbnailUrl":"https:\/\/uniquehot.com\/wp-content\/uploads\/2023\/02\/iStock-1215280342.jpeg?resize=200%2C200","image":{"@type":"ImageObject","url":"https:\/\/uniquehot.com\/wp-content\/uploads\/2023\/02\/iStock-1215280342.jpeg?fit=1254%2C837"},"articleSection":"Cryptocurrency Market News","author":[{"@type":"Person","name":"Tony \"El Toro\" Severino"}],"creator":["Tony \"El Toro\" Severino"],"publisher":{"@type":"Organization","name":"NewsBTC","logo":"https:\/\/uniquehot.com\/wp-content\/uploads\/2020\/06\/cropped-cropped-cropped-favicon.png?w=32"},"keywords":["bitcoin","btc","btcusd","btcusdt","crypto","ichimoku","xbt","xbtusd"],"dateCreated":"2023-02-14T23:38:51Z","datePublished":"2023-02-14T23:38:51Z","dateModified":"2024-06-11T08:03:59Z"},"rendered":"<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"NewsArticle\",\"headline\":\"Forget The Moon: Bitcoin Could Target The \\u201cCloud\\u201d At $40K\",\"url\":\"http:\\\/\\\/uniquehot.com\\\/news\\\/forget-the-moon-bitcoin-could-target-the-cloud-at-40k\\\/\",\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/uniquehot.com\\\/news\\\/forget-the-moon-bitcoin-could-target-the-cloud-at-40k\\\/\"},\"thumbnailUrl\":\"https:\\\/\\\/uniquehot.com\\\/wp-content\\\/uploads\\\/2023\\\/02\\\/iStock-1215280342.jpeg?resize=200%2C200\",\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/uniquehot.com\\\/wp-content\\\/uploads\\\/2023\\\/02\\\/iStock-1215280342.jpeg?fit=1254%2C837\"},\"articleSection\":\"Cryptocurrency Market News\",\"author\":[{\"@type\":\"Person\",\"name\":\"Tony \\\"El Toro\\\" Severino\"}],\"creator\":[\"Tony \\\"El Toro\\\" Severino\"],\"publisher\":{\"@type\":\"Organization\",\"name\":\"NewsBTC\",\"logo\":\"https:\\\/\\\/uniquehot.com\\\/wp-content\\\/uploads\\\/2020\\\/06\\\/cropped-cropped-cropped-favicon.png?w=32\"},\"keywords\":[\"bitcoin\",\"btc\",\"btcusd\",\"btcusdt\",\"crypto\",\"ichimoku\",\"xbt\",\"xbtusd\"],\"dateCreated\":\"2023-02-14T23:38:51Z\",\"datePublished\":\"2023-02-14T23:38:51Z\",\"dateModified\":\"2024-06-11T08:03:59Z\"}<\/script>","tracker_url":"https:\/\/cdn.parsely.com\/keys\/uniquehot.com\/p.js"},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/uniquehot.com\/wp-content\/uploads\/2023\/02\/iStock-1215280342.jpeg?fit=1254%2C837","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/posts\/519685"}],"collection":[{"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/users\/517"}],"replies":[{"embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/comments?post=519685"}],"version-history":[{"count":0,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/posts\/519685\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/media\/519688"}],"wp:attachment":[{"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/media?parent=519685"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/categories?post=519685"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/tags?post=519685"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}