{"id":569804,"date":"2024-01-16T20:30:09","date_gmt":"2024-01-16T20:30:09","guid":{"rendered":"https:\/\/uniquehot.com\/?p=569804"},"modified":"2024-06-11T09:19:38","modified_gmt":"2024-06-11T09:19:38","slug":"bitcoin-large-resistance-wall-ahead-level-watch","status":"publish","type":"post","link":"https:\/\/uniquehot.com\/news\/bitcoin-large-resistance-wall-ahead-level-watch\/","title":{"rendered":"Bitcoin Has Large Resistance Wall Ahead: Here’s The Level To Watch"},"content":{"rendered":"

On-chain data suggests Bitcoin has a large wall of resistance ahead of it currently. Here are the exact levels that make up this important range.<\/p>\n

A Large Amount Of Bitcoin Supply Was Purchased Between $42,700 & $44,000<\/h2>\n

According to data from the market intelligence platform IntoTheBlock<\/a>, BTC is sitting just below a significant on-chain resistance zone. In on-chain analysis<\/a>, the strength of any resistance or support level is defined based on the number of coins acquired by the investors there.<\/p>\n

To any holder, their cost basis<\/a> is naturally an important level; thus, they may be more prone to make some moves whenever the cryptocurrency’s spot price retests their profit-loss boundary.<\/p>\n

Related Reading: XRP Investors Become Fearful: Time To Buy?<\/a><\/div>\n

How the investors might react to such a retest can change depending on the direction of the retest. Holders at a loss can sometimes be desperate to exit the market, so if the price retests their cost basis (that is, the retest is happening from below), they might sell to at least be able to get back their investment.<\/p>\n

Such selling can provide resistance to the price. Only a few investors making such moves may not be relevant to the broader market. Still, if a significant number of traders acquired a large amount of BTC inside a narrow range, the reaction produced by a retest could be sizeable.<\/p>\n

On the other hand, investors who were in profit before the retest may look at dips in their cost basis as an opportunity to accumulate more, thinking that the price would go up again. This buying, when large enough, can support the asset.<\/p>\n

Now, here is a chart that shows how the various Bitcoin price ranges look like right now in terms of the amount of BTC that was acquired at them:<\/p>\n

\"Bitcoin<\/p>\n

The density of cost basis at the different price ranges above and below the current value of the asset | Source: IntoTheBlock on X<\/a><\/pre>\n
As is apparent from the graph, the $42,700 to $44,000 range hosts the cost basis of 2.68 million addresses, which acquired a total of 1.02 million BTC inside it. The average price of this range is around $43,400, which is above the current spot price of the cryptocurrency.<\/p>\n
“Uncertainty can cause these holders to sell into their break-even point, increasing resistance in a move up,” explains the analytics firm. If Bitcoin can break through this resistance, though, it may have an easier time exploring higher levels, as it offers less resistance.<\/p>\n
Related Reading: Dogecoin To See 24% Rally To $0.100 If This Holds: Analyst<\/a><\/div>\n
The chart shows that below the current spot price is the substantial $41,400 to $42,700 support range, which has helped cushion Bitcoin’s fall during the recent correction<\/a>. Thus, even if the resistance zone rejects BTC, this support area may at least help it return for another go.<\/p>\n
BTC Price<\/h2>\n
At the time of writing, Bitcoin is trading around the $43,200 level, down 8% in the past week.<\/p>\n
\"Bitcoin<\/p>\n
BTC has displayed boring price action in the last few days | Source: BTCUSD on TradingView<\/a><\/pre>\n
Featured image from Kanchanara on Unsplash.com, charts from TradingView.com, IntoTheBlock.com<\/div>\n","protected":false},"excerpt":{"rendered":"
On-chain data suggests Bitcoin has a large wall of resistance ahead of it currently. Here are the exact levels that make up this important range. A Large Amount Of Bitcoin Supply Was Purchased Between $42,700 & $44,000 According to data from the market intelligence platform IntoTheBlock, BTC is sitting just below a significant on-chain resistance zone. In on-chain analysis, the strength of any resistance or support level is defined based on the number of coins acquired by the investors there. To any holder, their cost basis is naturally an important level; thus, they may be more prone to make some moves whenever the cryptocurrency’s spot price retests their profit-loss boundary. Related Reading: XRP Investors Become Fearful: Time To Buy? How the investors might react to such a retest can change depending on the direction of the retest. Holders at a loss can sometimes be desperate to exit the market, so if the price retests their cost basis (that is, the retest is happening from below), they might sell to at least be able to get back their investment. Such selling can provide resistance to the price. Only a few investors making such moves may not be relevant to the broader market. Still, if a significant number of traders acquired a large amount of BTC inside a narrow range, the reaction produced by a retest could be sizeable. On the other hand, investors who were in profit before the retest may look at dips in their cost basis as an opportunity to accumulate more, thinking that the price would go up again. This buying, when large enough, can support the asset. Now, here is a chart that shows how the various Bitcoin price ranges look like right now in terms of the amount of BTC that was acquired at them: The density of cost basis at the different price ranges above and below the current value of the asset | Source: IntoTheBlock on X As is apparent from the graph, the $42,700 to $44,000 range hosts the cost basis of 2.68 million addresses, which acquired a total of 1.02 million BTC inside it. The average price of this range is around $43,400, which is above the current spot price of the cryptocurrency. “Uncertainty can cause these holders to sell into their break-even point, increasing resistance in a move up,” explains the analytics firm. If Bitcoin can break through this resistance, though, it may have an easier time exploring higher levels, as it offers less resistance. Related Reading: Dogecoin To See 24% Rally To $0.100 If This Holds: Analyst The chart shows that below the current spot price is the substantial $41,400 to $42,700 support range, which has helped cushion Bitcoin’s fall during the recent correction. Thus, even if the resistance zone rejects BTC, this support area may at least help it return for another go. BTC Price At the time of writing, Bitcoin is trading around the $43,200 level, down 8% in the past week. BTC has displayed boring price action in the last few days | Source: BTCUSD on TradingView Featured image from Kanchanara on Unsplash.com, charts from TradingView.com, IntoTheBlock.com<\/p>\n","protected":false},"author":542,"featured_media":569808,"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":[428,91197,717,91196,1119,1144],"class_list":["post-569804","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-bitcoin","tag-bitcoin-on-chain-resistance","tag-bitcoin-resistance","tag-bitcoin-resistance-wall","tag-btc","tag-btcusd"],"acf":[],"yoast_head":"\nBitcoin Has Large Resistance Wall Ahead: Here's The Level To Watch<\/title>\n<meta name=\"description\" content=\"On-chain data suggests Bitcoin has a large wall of resistance ahead of it currently. Here are the exact levels that make up this range.\" \/>\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\/bitcoin-large-resistance-wall-ahead-level-watch\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Bitcoin Has Large Resistance Wall Ahead: Here's The Level To Watch\" \/>\n<meta property=\"og:description\" content=\"On-chain data suggests Bitcoin has a large wall of resistance ahead of it currently. Here are the exact levels that make up this range.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/uniquehot.com\/news\/bitcoin-large-resistance-wall-ahead-level-watch\/\" \/>\n<meta property=\"og:site_name\" content=\"NewsBTC\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/newsbtc\" \/>\n<meta property=\"article:published_time\" content=\"2024-01-16T20:30:09+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-06-11T09:19:38+00:00\" \/>\n<meta name=\"author\" content=\"Keshav Verma\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:image\" content=\"https:\/\/uniquehot.com\/wp-content\/uploads\/2024\/01\/kanchanara-Lta5b8mPytw-unsplash.jpg?fit=6048%2C4024\" \/>\n<meta name=\"twitter:creator\" content=\"@https:\/\/twitter.com\/keshavvarma29\" \/>\n<meta name=\"twitter:site\" content=\"@newsbtc\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Keshav Verma\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"NewsArticle\",\"@id\":\"https:\/\/uniquehot.com\/news\/bitcoin-large-resistance-wall-ahead-level-watch\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/uniquehot.com\/news\/bitcoin-large-resistance-wall-ahead-level-watch\/\"},\"author\":{\"name\":\"Keshav Verma\",\"@id\":\"https:\/\/uniquehot.com\/#\/schema\/person\/bdb6d57b7ea5cc00981204795656d1a6\"},\"headline\":\"Bitcoin Has Large Resistance Wall Ahead: Here’s The Level To Watch\",\"datePublished\":\"2024-01-16T20:30:09+00:00\",\"dateModified\":\"2024-06-11T09:19:38+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/uniquehot.com\/news\/bitcoin-large-resistance-wall-ahead-level-watch\/\"},\"wordCount\":484,\"publisher\":{\"@id\":\"https:\/\/uniquehot.com\/#organization\"},\"image\":{\"@id\":\"https:\/\/uniquehot.com\/news\/bitcoin-large-resistance-wall-ahead-level-watch\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/uniquehot.com\/wp-content\/uploads\/2024\/01\/kanchanara-Lta5b8mPytw-unsplash.jpg?fit=6048%2C4024\",\"keywords\":[\"bitcoin\",\"Bitcoin On-Chain Resistance\",\"bitcoin resistance\",\"Bitcoin Resistance Wall\",\"btc\",\"btcusd\"],\"articleSection\":[\"Cryptocurrency Market News\"],\"inLanguage\":\"en-US\",\"copyrightYear\":\"2024\",\"copyrightHolder\":{\"@id\":\"https:\/\/uniquehot.com\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/uniquehot.com\/news\/bitcoin-large-resistance-wall-ahead-level-watch\/\",\"url\":\"https:\/\/uniquehot.com\/news\/bitcoin-large-resistance-wall-ahead-level-watch\/\",\"name\":\"Bitcoin Has Large Resistance Wall Ahead: Here's The Level To Watch\",\"isPartOf\":{\"@id\":\"https:\/\/uniquehot.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/uniquehot.com\/news\/bitcoin-large-resistance-wall-ahead-level-watch\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/uniquehot.com\/news\/bitcoin-large-resistance-wall-ahead-level-watch\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/uniquehot.com\/wp-content\/uploads\/2024\/01\/kanchanara-Lta5b8mPytw-unsplash.jpg?fit=6048%2C4024\",\"datePublished\":\"2024-01-16T20:30:09+00:00\",\"dateModified\":\"2024-06-11T09:19:38+00:00\",\"description\":\"On-chain data suggests Bitcoin has a large wall of resistance ahead of it currently. Here are the exact levels that make up this range.\",\"breadcrumb\":{\"@id\":\"https:\/\/uniquehot.com\/news\/bitcoin-large-resistance-wall-ahead-level-watch\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/uniquehot.com\/news\/bitcoin-large-resistance-wall-ahead-level-watch\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/uniquehot.com\/news\/bitcoin-large-resistance-wall-ahead-level-watch\/#primaryimage\",\"url\":\"https:\/\/uniquehot.com\/wp-content\/uploads\/2024\/01\/kanchanara-Lta5b8mPytw-unsplash.jpg?fit=6048%2C4024\",\"contentUrl\":\"https:\/\/uniquehot.com\/wp-content\/uploads\/2024\/01\/kanchanara-Lta5b8mPytw-unsplash.jpg?fit=6048%2C4024\",\"width\":6048,\"height\":4024,\"caption\":\"Bitcoin\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/uniquehot.com\/news\/bitcoin-large-resistance-wall-ahead-level-watch\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/uniquehot.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Bitcoin Has Large Resistance Wall Ahead: Here’s The Level To Watch\"}]},{\"@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\/bdb6d57b7ea5cc00981204795656d1a6\",\"name\":\"Keshav Verma\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/uniquehot.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/3d9c67b0b4a94fb480d44f29de96266e?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/3d9c67b0b4a94fb480d44f29de96266e?s=96&d=mm&r=g\",\"caption\":\"Keshav Verma\"},\"description\":\"Keshav is currently a senior writer at NewsBTC and has been attached to the website since June 14, 2021. Keshav has been writing for many years, first as a hobbyist and later as a freelancer. He has experience working in a variety of niches, even fiction at one point, but the cryptocurrency industry has been the longest he has been attached to. In terms of official educational qualifications, Keshav holds a bachelor\u2019s degree in Physics from one of the premier institutes of India, the University of Delhi (DU). He started the degree with an aim of eventually making a career in Physics, but the onset of COVID led to a shift in plans. The virus meant that the college classes had to be delivered in the online-mode and with it came free time for him to explore other passions. Initially only seeking to make some beer money, Keshav unexpectedly landed clients offering real projects, after which there was no looking back. Writing was something he had always enjoyed and to be able to do it for a living was like a dream come true. Keshav completed his Physics degree in 2022 and has been focusing on his writing career since, but that doesn\u2019t mean his passion for Physics has ended. He eventually plans to re-enter university to obtain a masters degree in the same field, but perhaps only to satiate his own interest rather than for using it as a means to find employment.. Keshav has found blockchain and its concepts fascinating ever since he started going down the rabbit-hole back in 2020. On-chain analysis in particular has been something he likes to research more about, which is why his NewsBTC pieces tend to involve it in some form. Being of the science background, Keshav likes if concepts are clear and consistent, so he generally explains the indicators he talks about in a bit of detail so that the readers can perhaps come out having understood and learnt something new. As for hobbies, Keshav is super into football, anime, and videogames. He enjoys football not only as a watcher, but also as a player. For games, Keshav generally tends towards enjoying singleplayer adventures, with EA FC (formerly FIFA) being the only online game he is active in. Though, perhaps due to being ultra-focused on the game, he is today a semi-pro on the EA FC scene, regularly participating in tournaments and sometimes even taking back prize money. Because of his enthusiasm for anime and games, he also self-learned Japanese along the way to consume some of the untranslated gems out there. The skill didn\u2019t merely remain as just a hobby, either, as he put it to productive use during his exploration for small-time gigs at the start of COVID, fulfilling a couple of Japanese-to-English translation jobs. Keshav is also big into fitness, with agility and acceleration-related workouts making a big part of his program due to the relevance they have in football. On top of that, he also has a more traditional strength based program for the gym, which he does to maintain an overall fitness level of his body.\",\"sameAs\":[\"https:\/\/www.linkedin.com\/in\/keshavverma29\/\",\"https:\/\/x.com\/https:\/\/twitter.com\/keshavvarma29\"],\"url\":\"https:\/\/uniquehot.com\/author\/hououinkyouma29\/\"}]}<\/script>\n","yoast_head_json":{"title":"Bitcoin Has Large Resistance Wall Ahead: Here's The Level To Watch","description":"On-chain data suggests Bitcoin has a large wall of resistance ahead of it currently. Here are the exact levels that make up this range.","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\/bitcoin-large-resistance-wall-ahead-level-watch\/","og_locale":"en_US","og_type":"article","og_title":"Bitcoin Has Large Resistance Wall Ahead: Here's The Level To Watch","og_description":"On-chain data suggests Bitcoin has a large wall of resistance ahead of it currently. Here are the exact levels that make up this range.","og_url":"https:\/\/uniquehot.com\/news\/bitcoin-large-resistance-wall-ahead-level-watch\/","og_site_name":"NewsBTC","article_publisher":"https:\/\/www.facebook.com\/newsbtc","article_published_time":"2024-01-16T20:30:09+00:00","article_modified_time":"2024-06-11T09:19:38+00:00","author":"Keshav Verma","twitter_card":"summary_large_image","twitter_image":"https:\/\/uniquehot.com\/wp-content\/uploads\/2024\/01\/kanchanara-Lta5b8mPytw-unsplash.jpg?fit=6048%2C4024","twitter_creator":"@https:\/\/twitter.com\/keshavvarma29","twitter_site":"@newsbtc","twitter_misc":{"Written by":"Keshav Verma","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"NewsArticle","@id":"https:\/\/uniquehot.com\/news\/bitcoin-large-resistance-wall-ahead-level-watch\/#article","isPartOf":{"@id":"https:\/\/uniquehot.com\/news\/bitcoin-large-resistance-wall-ahead-level-watch\/"},"author":{"name":"Keshav Verma","@id":"https:\/\/uniquehot.com\/#\/schema\/person\/bdb6d57b7ea5cc00981204795656d1a6"},"headline":"Bitcoin Has Large Resistance Wall Ahead: Here’s The Level To Watch","datePublished":"2024-01-16T20:30:09+00:00","dateModified":"2024-06-11T09:19:38+00:00","mainEntityOfPage":{"@id":"https:\/\/uniquehot.com\/news\/bitcoin-large-resistance-wall-ahead-level-watch\/"},"wordCount":484,"publisher":{"@id":"https:\/\/uniquehot.com\/#organization"},"image":{"@id":"https:\/\/uniquehot.com\/news\/bitcoin-large-resistance-wall-ahead-level-watch\/#primaryimage"},"thumbnailUrl":"https:\/\/uniquehot.com\/wp-content\/uploads\/2024\/01\/kanchanara-Lta5b8mPytw-unsplash.jpg?fit=6048%2C4024","keywords":["bitcoin","Bitcoin On-Chain Resistance","bitcoin resistance","Bitcoin Resistance Wall","btc","btcusd"],"articleSection":["Cryptocurrency Market News"],"inLanguage":"en-US","copyrightYear":"2024","copyrightHolder":{"@id":"https:\/\/uniquehot.com\/#organization"}},{"@type":"WebPage","@id":"https:\/\/uniquehot.com\/news\/bitcoin-large-resistance-wall-ahead-level-watch\/","url":"https:\/\/uniquehot.com\/news\/bitcoin-large-resistance-wall-ahead-level-watch\/","name":"Bitcoin Has Large Resistance Wall Ahead: Here's The Level To Watch","isPartOf":{"@id":"https:\/\/uniquehot.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/uniquehot.com\/news\/bitcoin-large-resistance-wall-ahead-level-watch\/#primaryimage"},"image":{"@id":"https:\/\/uniquehot.com\/news\/bitcoin-large-resistance-wall-ahead-level-watch\/#primaryimage"},"thumbnailUrl":"https:\/\/uniquehot.com\/wp-content\/uploads\/2024\/01\/kanchanara-Lta5b8mPytw-unsplash.jpg?fit=6048%2C4024","datePublished":"2024-01-16T20:30:09+00:00","dateModified":"2024-06-11T09:19:38+00:00","description":"On-chain data suggests Bitcoin has a large wall of resistance ahead of it currently. Here are the exact levels that make up this range.","breadcrumb":{"@id":"https:\/\/uniquehot.com\/news\/bitcoin-large-resistance-wall-ahead-level-watch\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/uniquehot.com\/news\/bitcoin-large-resistance-wall-ahead-level-watch\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/uniquehot.com\/news\/bitcoin-large-resistance-wall-ahead-level-watch\/#primaryimage","url":"https:\/\/uniquehot.com\/wp-content\/uploads\/2024\/01\/kanchanara-Lta5b8mPytw-unsplash.jpg?fit=6048%2C4024","contentUrl":"https:\/\/uniquehot.com\/wp-content\/uploads\/2024\/01\/kanchanara-Lta5b8mPytw-unsplash.jpg?fit=6048%2C4024","width":6048,"height":4024,"caption":"Bitcoin"},{"@type":"BreadcrumbList","@id":"https:\/\/uniquehot.com\/news\/bitcoin-large-resistance-wall-ahead-level-watch\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/uniquehot.com\/"},{"@type":"ListItem","position":2,"name":"Bitcoin Has Large Resistance Wall Ahead: Here’s The Level To Watch"}]},{"@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\/bdb6d57b7ea5cc00981204795656d1a6","name":"Keshav Verma","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/uniquehot.com\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/3d9c67b0b4a94fb480d44f29de96266e?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/3d9c67b0b4a94fb480d44f29de96266e?s=96&d=mm&r=g","caption":"Keshav Verma"},"description":"Keshav is currently a senior writer at NewsBTC and has been attached to the website since June 14, 2021. Keshav has been writing for many years, first as a hobbyist and later as a freelancer. He has experience working in a variety of niches, even fiction at one point, but the cryptocurrency industry has been the longest he has been attached to. In terms of official educational qualifications, Keshav holds a bachelor\u2019s degree in Physics from one of the premier institutes of India, the University of Delhi (DU). He started the degree with an aim of eventually making a career in Physics, but the onset of COVID led to a shift in plans. The virus meant that the college classes had to be delivered in the online-mode and with it came free time for him to explore other passions. Initially only seeking to make some beer money, Keshav unexpectedly landed clients offering real projects, after which there was no looking back. Writing was something he had always enjoyed and to be able to do it for a living was like a dream come true. Keshav completed his Physics degree in 2022 and has been focusing on his writing career since, but that doesn\u2019t mean his passion for Physics has ended. He eventually plans to re-enter university to obtain a masters degree in the same field, but perhaps only to satiate his own interest rather than for using it as a means to find employment.. Keshav has found blockchain and its concepts fascinating ever since he started going down the rabbit-hole back in 2020. On-chain analysis in particular has been something he likes to research more about, which is why his NewsBTC pieces tend to involve it in some form. Being of the science background, Keshav likes if concepts are clear and consistent, so he generally explains the indicators he talks about in a bit of detail so that the readers can perhaps come out having understood and learnt something new. As for hobbies, Keshav is super into football, anime, and videogames. He enjoys football not only as a watcher, but also as a player. For games, Keshav generally tends towards enjoying singleplayer adventures, with EA FC (formerly FIFA) being the only online game he is active in. Though, perhaps due to being ultra-focused on the game, he is today a semi-pro on the EA FC scene, regularly participating in tournaments and sometimes even taking back prize money. Because of his enthusiasm for anime and games, he also self-learned Japanese along the way to consume some of the untranslated gems out there. The skill didn\u2019t merely remain as just a hobby, either, as he put it to productive use during his exploration for small-time gigs at the start of COVID, fulfilling a couple of Japanese-to-English translation jobs. Keshav is also big into fitness, with agility and acceleration-related workouts making a big part of his program due to the relevance they have in football. On top of that, he also has a more traditional strength based program for the gym, which he does to maintain an overall fitness level of his body.","sameAs":["https:\/\/www.linkedin.com\/in\/keshavverma29\/","https:\/\/x.com\/https:\/\/twitter.com\/keshavvarma29"],"url":"https:\/\/uniquehot.com\/author\/hououinkyouma29\/"}]}},"parsely":{"version":"1.1.0","meta":{"@context":"https:\/\/schema.org","@type":"NewsArticle","headline":"Bitcoin Has Large Resistance Wall Ahead: Here’s The Level To Watch","url":"http:\/\/uniquehot.com\/news\/bitcoin-large-resistance-wall-ahead-level-watch\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/uniquehot.com\/news\/bitcoin-large-resistance-wall-ahead-level-watch\/"},"thumbnailUrl":"https:\/\/uniquehot.com\/wp-content\/uploads\/2024\/01\/kanchanara-Lta5b8mPytw-unsplash.jpg?resize=200%2C200","image":{"@type":"ImageObject","url":"https:\/\/uniquehot.com\/wp-content\/uploads\/2024\/01\/kanchanara-Lta5b8mPytw-unsplash.jpg?fit=6048%2C4024"},"articleSection":"Cryptocurrency Market News","author":[{"@type":"Person","name":"Keshav Verma"}],"creator":["Keshav Verma"],"publisher":{"@type":"Organization","name":"NewsBTC","logo":"https:\/\/uniquehot.com\/wp-content\/uploads\/2020\/06\/cropped-cropped-cropped-favicon.png?w=32"},"keywords":["bitcoin","bitcoin on-chain resistance","bitcoin resistance","bitcoin resistance wall","btc","btcusd"],"dateCreated":"2024-01-16T20:30:09Z","datePublished":"2024-01-16T20:30:09Z","dateModified":"2024-06-11T09:19:38Z"},"rendered":"<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"NewsArticle\",\"headline\":\"Bitcoin Has Large Resistance Wall Ahead: Here’s The Level To Watch\",\"url\":\"http:\\\/\\\/uniquehot.com\\\/news\\\/bitcoin-large-resistance-wall-ahead-level-watch\\\/\",\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/uniquehot.com\\\/news\\\/bitcoin-large-resistance-wall-ahead-level-watch\\\/\"},\"thumbnailUrl\":\"https:\\\/\\\/uniquehot.com\\\/wp-content\\\/uploads\\\/2024\\\/01\\\/kanchanara-Lta5b8mPytw-unsplash.jpg?resize=200%2C200\",\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/uniquehot.com\\\/wp-content\\\/uploads\\\/2024\\\/01\\\/kanchanara-Lta5b8mPytw-unsplash.jpg?fit=6048%2C4024\"},\"articleSection\":\"Cryptocurrency Market News\",\"author\":[{\"@type\":\"Person\",\"name\":\"Keshav Verma\"}],\"creator\":[\"Keshav Verma\"],\"publisher\":{\"@type\":\"Organization\",\"name\":\"NewsBTC\",\"logo\":\"https:\\\/\\\/uniquehot.com\\\/wp-content\\\/uploads\\\/2020\\\/06\\\/cropped-cropped-cropped-favicon.png?w=32\"},\"keywords\":[\"bitcoin\",\"bitcoin on-chain resistance\",\"bitcoin resistance\",\"bitcoin resistance wall\",\"btc\",\"btcusd\"],\"dateCreated\":\"2024-01-16T20:30:09Z\",\"datePublished\":\"2024-01-16T20:30:09Z\",\"dateModified\":\"2024-06-11T09:19:38Z\"}<\/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\/2024\/01\/kanchanara-Lta5b8mPytw-unsplash.jpg?fit=6048%2C4024","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/posts\/569804"}],"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\/542"}],"replies":[{"embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/comments?post=569804"}],"version-history":[{"count":0,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/posts\/569804\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/media\/569808"}],"wp:attachment":[{"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/media?parent=569804"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/categories?post=569804"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/tags?post=569804"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}