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Bitcoin – Page 19 – BitcoTasks BLOG
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Bitcoin Takes Control In Market Meltdown, Dominance Climbs To 9-Week Peak

Bitcoin

The cryptocurrency market is currently experiencing significant turbulence, prompting a shift in investor behavior towards Bitcoin, which has traditionally been seen as the safest asset within the digital currency ecosystem. This shift has resulted in Bitcoin’s dominance climbing to a nine-week high of 57%. Amidst the market chaos, Bitcoin has emerged as a beacon of…

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Bitcoin Battles $64,515 Support Level, Can It Hold or Will Bears Prevail?

Bitcoin

Bitcoin current position at the $64,515 support level has sparked significant interest among traders and analysts. This key threshold is seen as a critical juncture that could dictate the cryptocurrency’s near-term trajectory. On the one hand, bullish proponents argue that robust fundamentals and renewed investor interest could propel Bitcoin higher. On the other hand, bearish sentiment driven…

Bitcoin Battles $64,515 Support Level, Can It Hold or Will Bears Prevail? Read More »

Analyst’s Bullish Call: Bitcoin Primed For Massive Jump To $127,000

Bitcoin

Bitcoin, the undisputed king of cryptocurrencies, finds itself in a tug-of-war between bullish whispers and bearish roars. While some analysts point to technical indicators hinting at a price surge, others warn of potential pitfalls lurking beneath the surface. Bulls See Bullish Flags And Futures Technical analysts are a curious breed. They speak in a language…

Analyst’s Bullish Call: Bitcoin Primed For Massive Jump To $127,000 Read More »

Bitcoin Price Drops Below Critical Support Level Following Rejection At $70,000

Bitcoin

Bitcoin recently dropped $70,000 price level successfully. Based on crypto analyst Josh’s analysis, the flagship crypto needs to climb above this critical support level soon enough or risk flipping into a bearish trend.  Bitcoin Needs To Climb Above $68,000 Josh mentioned in a $67,000 and $68,000 is now an area of strong resistance and one…

Bitcoin Price Drops Below Critical Support Level Following Rejection At $70,000 Read More »

Bitcoin, Solana Suffer As Institutional Investors Pull $600 Million Out Of Crypto Funds

Bitcoin

Crypto funds witnessed outflows last week after recording five weeks of consecutive inflows. According to drop in the price of Bitcoin throughout the week and a more hawkish-than-expected Federal Open Market Committee (FOMC) meeting held during the week. Crypto Funds Bleed Largest Since March, With Bitcoin In The Lead Crypto funds witnessed outflows of $600…

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Metrics Signal Bitcoin Price Increase – But When Is Anyone’s Guess

Bitcoin

Bitcoin has been on a bumpy ride in recent days. The world’s most popular cryptocurrency has seen its price steadily decline, raising concerns about a prolonged bear market. However, beneath the surface, some analysts are detecting faint bullish whispers that could signal a potential reversal. Buying Pressure Emerges, But Can It Overcome The Downtrend? One…

Metrics Signal Bitcoin Price Increase – But When Is Anyone’s Guess Read More »

Bitcoin Price Faces Crucial Test: Here’s What At Stake This Week

Bitcoin

As Bitcoin enters a pivotal week, market participants are closely monitoring several key indicators and events that could determine its near-term trajectory. Renowned crypto analyst Ted (@tedtalksmacro) has provided an in-depth analysis, highlighting the critical factors at play. Weekly Bitcoin Preview Ted’s analysis begins by contextualizing the broader macroeconomic environment. Last week’s US Consumer Price…

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Bernstein Analysts Revise Bitcoin Target, $200,000 And $1 Million Become Main Focus

Bitcoin

Bernstein analysts Gautam Chhugani and Mahika Sapra recently revised their price targets for Bitcoin in their latest market report, which also initiated coverage on MicroStrategy. These analysts also outlined factors that they believe could contribute to BTC’s exponential price surge.  Bitcoin To Hit $200,000 And Then $1 Million Chhugani and Sapra predicted in the report…

Bernstein Analysts Revise Bitcoin Target, $200,000 And $1 Million Become Main Focus Read More »

Unveiling Bitcoin’s Drop To $65,000: Here’s How Much BTC Miners Sold

Bitcoin

Bitcoin has faced a significant amount of selling pressure over the past week, according to the latest on-chain data. Expectedly, this bearish pressure has had a notable impact on the price of the premier cryptocurrency. According to data from CoinGecko, the value of Bitcoin has declined by nearly 5% in the past seven days. On…

Unveiling Bitcoin’s Drop To $65,000: Here’s How Much BTC Miners Sold Read More »

Analyst Who Correctly Predicted Bitcoin’s Surge And Crash Reveals Where Price Is Headed Next

Bitcoin

Crypto analyst TechDev has provided insights into the Bitcoin future trajectory. The analyst suggested that the flagship crypto has yet to reach its full potential in this market cycle and that more price surges lie ahead for the crypto token.   Not Yet Time For A Bitcoin Blowoff Top TechDev remarked in an X (formerly Twitter)…

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