Bitcoin – Page 26 – BitcoTasks BLOG

This Crypto Expert Called The Bitcoin Top in 2021, Now He’s Calling The Bottom In 2024

May 14, 2024

As the Bitcoin price continues to fluctuate wildly, the question in every investor’s mouth right now is when the digital asset will find its bottom. For some, the bottom has already been met, while for others, there are still more price crashes to come. However, one analyst’s prediction in particular stands out and this is…

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Brace For Impact: Mt. Gox Set To Inject 142,000 BTC And 143,000 Bitcoin Cash Into The Market- Here’s When

May 14, 2024

Bitcoin

Tokyo-based Bitcoin exchange, Mt. Gox is preparing to release a substantial amount of Bitcoin (BTC) into the market, signaling the upcoming disbursement of payments to creditors who had been affected by its hack attack in 2011. Mt. Gox Set To Release 142,000 Bitcoin Into Market Reports from Reddit reveal that the Kraken Bitcoin (BTC) and…

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CPI Preview: Bitcoin Price Poised To Surge If Projections Hold True

May 14, 2024

Bitcoin

The US Consumer Price Index (CPI) data, set to be released tomorrow, May 15 (Wednesday), at 8:30 am ET, is anticipated to be a potentially significant catalyst for the Bitcoin price. This expectation stems particularly from Bitcoin’s recent trend of responding to macroeconomic news, indicating a heightened sensitivity to such data in influencing its market…

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Investment Firm Makes Bitcoin Its Strategic Reserve – Impact On Price

May 13, 2024

Bitcoin

Early-stage investment firm Metaplanet announced on Monday that it’s adopting Bitcoin (BTC) as its sole “strategic treasury reserve asset.” This audacious decision signals a growing confidence in the controversial cryptocurrency as a legitimate store of value and hedge against traditional economic woes. Yen Under Pressure, Bitcoin On The Rise Metaplanet’s decision comes amidst a backdrop…

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Is The Bitcoin Bottom In? Analyst Reveals Key Price Levels To Watch

May 13, 2024

Bitcoin

In his latest technical analysis, veteran crypto analyst Christopher Inks offers a detailed look at the current Bitcoin market structure through a comprehensive chart analysis. The chart, recently shared on X, shows Bitcoin’s price movements alongside several key technical indicators and levels that could signal a potential reversal from its bearish trend. The analyst illustrates…

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Is The Bitcoin Run Over? Analyst Anticipates Further Upside

May 13, 2024

Bitcoin

In the midst of recent market turbulence and widespread speculation about the future of Bitcoin, cryptocurrency analyst and trader, Crypto Jelle has offered an optimistic outlook for BTC, affirming that the crypto asset’s bull run is far from over, indicating its potential to rally even further in the upcoming months. The Strength Of Bitcoin Is…

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Analyst Points Out Level To Beat If Bitcoin Is To Reach $76,000

May 13, 2024

Bitcoin

Crypto analyst Ali Martinez has highlighted what needs to happen for Bitcoin to climb to $76,000. If that doesn’t happen, he noted that the flagship crypto risks dropping significantly to levels not seen since the start of the year. How Bitcoin Could Rise To $76,000 Martinez mentioned in an X (formerly Twitter) post that Bitcoin…

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Is The Bitcoin Bottom In? Buy The Dip Sentiment Erodes Amid Drop Toward $60,000

May 12, 2024

Bitcoin

Bitcoin has been sliding down since it reached its all-time high in March. This has largely led to a buy-the-dip sentiment among crypto traders, with many believing the correction would end as soon as it ended and Bitcoin would surge again to new all-time highs. According to crypto analytics platform Santiment, the thrill of scooping…

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Bitcoin On-Chain Activity Nearing Historic Lows – What This Means For BTC Price

May 12, 2024

Bitcoin

The price of Bitcoin has continued to move within a consolidation range since hitting a new all-time high in mid-March. This sluggish price action has been a source of worry to most investors, especially when the premier cryptocurrency recently lost its support at the $60,000 level. Interestingly, price is not the only Bitcoin metric that…

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US Mega Banks JP Morgan And Wells Fargo Unveil Bitcoin Exposure As BTC Drops To $60,000

May 12, 2024

Bitcoin

BTC’s price dipping slightly above $60,000. US Financial Banks Expose Spot Bitcoin ETF Holdings American financial services companies, Wells Fargo and JP Morgan, have revealed their exposure to BTC by disclosing their adoption of Spot Bitcoin ETFs in a recent filing. This decision to invest in BTC ETFs marks a notable change from the banks’…

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Ex-Twitter CEO Jack Dorsey Says Bitcoin Will Reach $1 Million, Here’s When

May 11, 2024

Bitcoin

Jack Dorsey, the former CEO of X (formerly Twitter) has predicted when Bitcoin will reach $1 million. The tech entrepreneur is a familiar figure in the crypto space and is known to be heavily invested in the flagship crypto. When Bitcoin Will Hit $1 Million In an interview with Pirate Wires, Dorsey mentioned that BTC…

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