Ad Blocker Detected!!.
Please consider supporting us by disabling your ad blocker.

Disable Adblocker and Refresh.
Bitcoin – Page 25 – BitcoTasks BLOG
bitcotasks.com
Loading ...

Analyst Utilizes Supply And Demand Principles To Determine Bitcoin Price

Bitcoin

For analysts and investors alike, comprehending the variables that influence price action in the complex world of cryptocurrency markets is essential. Ali Martinez, a well-known cryptocurrency expert, has recently provided insights into the fluctuations in the price of Bitcoin by applying the basic economic theory of supply and demand.  Understanding Bitcoin Prices Through Supply And…

Analyst Utilizes Supply And Demand Principles To Determine Bitcoin Price Read More »

Bitcoin To $100,000: Infamous Head And Shoulders Pattern Appears To Signal The Start Of Another Rally

Bitcoin

Crypto analyst Crypto Jebb recently highlighted an inverse price to $100,000.  How Could Bitcoin Could Rise To $100,000 Crypto Jebb revealed in a sending Bitcoin’s price to $70,000. The analyst also noted that the price target of the bullish pattern is at $75,000, which indicates that Bitcoin could hit a new all-time high (ATH) on…

Bitcoin To $100,000: Infamous Head And Shoulders Pattern Appears To Signal The Start Of Another Rally Read More »

The Hidden Forces Behind Bitcoin Price: Latest Insights From On-Chain Data

Bitcoin

Leading on-chain analyst James Check, popularly known as Checkmatey, has recently delved into the intricacies of Bitcoin’s market dynamics, offering a detailed on-chain data analysis that sheds light on the forces driving Bitcoin prices. His latest insights highlight a period he describes as “Quiet and Trending,” suggesting a robust underpinning despite significant sell-side pressures and…

The Hidden Forces Behind Bitcoin Price: Latest Insights From On-Chain Data Read More »

Red Alert For Bitcoin: Network Hashrate Takes A 20% Dive

Bitcoin

The post-halving world of Bitcoin continues to throw curveballs. After a hashrate surge to celebrate the block reward reduction in April, Bitcoin’s computational power has taken a nosedive, dropping 20% in recent weeks. This unexpected decline has ignited a debate among analysts, with some sniffing out a fire sale and others urging caution. Bitcoin: Hashrate…

Red Alert For Bitcoin: Network Hashrate Takes A 20% Dive Read More »

Most Important Bitcoin Indicator Nears Bullish Flip: $150,000 Soon?

Bitcoin

In a recent analysis, James Coutts, Chief Crypto Analyst at Realvision, signaled a potential bullish turn in Bitcoin’s near future, attributing the forecasted change to shifts in global liquidity measures, specifically the Global Money Supply (M2) index which is widely seen as most important price catalyst. Coutts detailed this anticipation in a thread on X,…

Most Important Bitcoin Indicator Nears Bullish Flip: $150,000 Soon? Read More »

Market Expert Who Predicted Bitcoin’s Rise above $69,000 Unveils New Target

Bitcoin

The Bitcoin rise above $69,000 before the fourth halving to reach a new all-time high of $73,000 in 2024 took many by surprise. However, crypto analyst BitQuant was not one of those people. In 2023, the analyst had correctly predicted that the BTC price would reach a new all-time high before the halving was completed.…

Market Expert Who Predicted Bitcoin’s Rise above $69,000 Unveils New Target Read More »

Bitcoin Long-Term Holders Buy The Blood, Snatch Up 70,000 BTC

Bitcoin

Glassnode Bitcoin long-term holders are taking advantage of the cryptocurrency’s lower price to significantly increase their holdings. This accumulation further strengthens the belief that this group of Bitcoin investors anticipate a potential upside for Bitcoin despite its recent volatility.  Long-Term Holders Pay $4.3 Billion For 70,000 BTC According to Glassnode, long-term Bitcoin holders who had…

Bitcoin Long-Term Holders Buy The Blood, Snatch Up 70,000 BTC Read More »

$291 Billion Asset Manager Founder Predicts Bitcoin Will Hit $420,000

Bitcoin

In an interview with Yahoo Finance’s “Wealth,” Ric Edelman, founder of the Digital Assets Council of Financial Professionals and $291 billion asset manager Edelman Financial Services, provided a striking forecast for the Bitcoin price. Edelman argued that Bitcoin’s price could surge to $420,000, attributing this potential rise to a modest global asset allocation towards Bitcoin.…

$291 Billion Asset Manager Founder Predicts Bitcoin Will Hit $420,000 Read More »

Analyst Pinpoints $61,500 As Critical Bitcoin Price Level To Monitor

Bitcoin

Amidst the recent decline in Bitcoin’s price and the general cryptocurrency market, popular cryptocurrency analyst and enthusiast Titan of Crypto has highlighted the $61,500 price level as a crucial threshold to watch for the largest cryptocurrency. Titan of Crypto analysis examines the aforementioned level as a pivotal point for Bitcoin that could determine the coin’s…

Analyst Pinpoints $61,500 As Critical Bitcoin Price Level To Monitor Read More »

Scroll to Top