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Bitcoin – Page 18 – BitcoTasks BLOG
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Bitcoin Crash To $61,000 Drives 24-Hour Crypto Liquidations Toward $300 Million

Bitcoin

Early on Monday morning, the Bitcoin price crashed another 5% to drop to the $61,000 level. This drop, which was very sudden, has taken investors by surprise, triggering a massive wave of liquidations. As the volume continues to rise, the crypto liquidation figures have barreled toward $300 million in just 24 hours alone. 91,000 Crypto…

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Bitcoin Bears Target $60,000 Level As Price Continue To Decline

Bitcoin

Bitcoin is currently experiencing a notable decline, with its price steadily approaching the crucial $60,000 mark. The market sentiment has turned increasingly bearish, driven by a combination of macroeconomic factors and a recent surge in selling pressure.  This shift has seen Bitcoin struggling to maintain higher levels, triggering anxiety among investors and traders. As the…

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Bitcoin Crash: Crypto Analyst Reveals Why Price Could Drop To $52,000

Bitcoin

A crypto analyst has disclosed reasons why the price of Bitcoin could broken key support levels, which indicates a potential shift from a bullish to a bearish position.  Analyst Projects Bitcoin Crash To $52,000 In a Bitcoin could witness a price crash to key ranges between $52,000 and $54,000. He shared a price chart illustrating…

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Blockchain Firm Says Bitcoin Price Might Be Headed For $60,000 – Here’s Why

Bitcoin

The Bitcoin price performance over the past week failed to bring glory to the crypto market, as the leading cryptocurrency struggled once again. This trend was mirrored across almost all large-cap assets, many of which experienced significant losses. Unfortunately, recent price action data suggests that the Bitcoin price is not safe yet, as there is…

Blockchain Firm Says Bitcoin Price Might Be Headed For $60,000 – Here’s Why Read More »

Bitcoin Spot ETFs Effect: Bernstein Analysts Revise BTC Target To $200,000, Here’s When

Bitcoin

Analysts at global asset management firm Bernstein have revised their former Bitcoin target to $200,000, foreseeing the influx of Spot Bitcoin ETFs inflows catalyzing this massive price surge.  Bernstein Analysts Raise Bitcoin Target To $200,000 In a note to clients, Bernstein analysts, Gautam Chhugani and Mahika Sapra predicted that Bitcoin could reach $200,000 by the…

Bitcoin Spot ETFs Effect: Bernstein Analysts Revise BTC Target To $200,000, Here’s When Read More »

Bitcoin Drops Below $64,000, But Arthur Hayes Advocates ‘Buy The Dip’

Bitcoin

Bitcoin is experiencing a significant decline today, dipping below the $64,000 mark to a low of $63,564. This drop represents a 2.5% decrease in the last 24 hours and an overall 12% decline over the past two weeks. Amidst this downward trend, Arthur Hayes, the co-founder of BitMEX, is not only maintaining his bullish stance…

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3 Reasons To Invest In Ethereum, 1 To Stay Bitcoin-Only: Bitwise CIO

Bitcoin

In a recent commentary shared on X, Matt Hougan, Chief Investment Officer at Bitwise Asset Management, which ranks as the world’s largest provider of cryptocurrency index funds, detailed why investors should consider diversifying their cryptocurrency portfolio by adding Ethereum (ETH), alongside maintaining a position in Bitcoin (BTC). Hougan offered three compelling reasons for investors to…

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Bitcoin Crash Below $66,000 Stuns Market, Why A Drop To $54,930 Is Possible

Bitcoin

The Bitcoin price crash below $66,000 has taken the market by surprise, leading to over $90 million in liquidations in a 24-hour period. But even after dropping so much already, analysts do not believe that the worst is over. In particular, crypto analyst Ali Martinez has said that Bitcoin may still have a ways to…

Bitcoin Crash Below $66,000 Stuns Market, Why A Drop To $54,930 Is Possible Read More »

Bitcoin Analyst Claims BTC Consolidation Will Continue, Hedge Funds Throw In The Towel

Bitcoin

Bitcoin is trending lower at spot rates, sliding away from all-time highs. Looking at the performance in the daily chart, it looks like bears are stepping up, following the general inactivity in an overwhelmingly bearish trend. When writing, the coin is down 10% from March 2024 highs but steady. Will Bitcoin Consolidate For Two More…

Bitcoin Analyst Claims BTC Consolidation Will Continue, Hedge Funds Throw In The Towel Read More »

It’s ‘Do Or Die’ For Bitcoin Price Soon, Says Analyst

Bitcoin

Josh Olszewicz, a renowned crypto analyst, has recently shared critical insights into the immediate Bitcoin price future, employing two technical analysis frameworks: the Ichimoku Cloud and Bollinger Bands. These tools hint at pivotal moments that could shape the trajectory of the Bitcoin price in the near to medium term. Bitcoin Analysis Using The Ichimoku Cloud…

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Ikigai Founder Explains Why Bitcoin And Crypto Are ‘On The Verge Of Cannibalism’

Bitcoin

Travis Kling, Founder and Chief Investment Officer of Ikigai Asset Management, shared his insights on the current state of Bitcoin and the broader cryptocurrency ecosystem, which he described as following: “Bitcoin is ~10% off of ATHs and the timeline appears to be on the verge of cannibalism.” In a series of detailed posts on X,…

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