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Bitcoin – Page 34 – BitcoTasks BLOG
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Historical Trends Show What To Expect For Bitcoin Price Following The Halving

Bitcoin

The 2024 Bitcoin halving is only two days away, and there are already varying expectations of what might happen to the BTC price once the event is completed. One way to get an idea of how it could play out for the Bitcoin price, though, is through historical data and how the cryptocurrency has performed…

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Crypto Exchanges Bitcoin Supply Can Only Last For 9 Months, ByBit Report

Bitcoin

Cryptocurrency exchange and trading platform, upcoming Bitcoin halving event on the supply dynamics of Bitcoin within exchanges in the crypto space. The crypto firm has provided valuable insights on how the halving event would enhance scarcity and considerably influence the price of BTC.  Exchanges Set To Face Bitcoin Supply Crunch On Tuesday, April 16, Bybit…

Crypto Exchanges Bitcoin Supply Can Only Last For 9 Months, ByBit Report Read More »

Bitcoin Could Hit $86,000 If This Key Level Is Surpassed: Analyst

Bitcoin

In a compelling forecast for Bitcoin, Ali Martinez, a well-known cryptocurrency expert and trader, has pointed out a possible development that could propel the crypto asset’s price to the $86,000 threshold in the foreseeable future. Bitcoin Movement Determined By Key Levels The analyst’s positive perspective highlights the possibility of a large upward shift in the…

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Bitcoin Displays Bullish Adam And Eve Double Bottom: What It Means

Bitcoin

In his latest technical analysis, Christopher Inks, a recognized figure in the field of crypto analysis, points to the possible formation of a bullish Adam and Eve double bottom pattern for Bitcoin. This formation is spotted on the BTC/USD 1-hour chart and has significant implications for the cryptocurrency’s short-term price action. The chart depicts Bitcoin’s…

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Crypto Expert Predicts Bitcoin Will Reach $650,000 Due To This Reason

Bitcoin

A crypto analyst has made a bold prediction about Bitcoin, anticipating that the pioneer cryptocurrency could surge to $650,000 as the Spot Bitcoin ETF market continues to grow.  BTC’s Next Price Target Expected At $650,000 In an X (formerly Twitter) post published on Monday, Willy Woo, a popular analyst and crypto expert with over 1…

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Analyst Points To Possible 30% Bitcoin Correction, Calls For Caution

Bitcoin

Popular cryptocurrency expert Cold Blooded Shiller has made a grim prediction that Bitcoin may be on the verge of a significant correction and could crash as low as 30%, given the current heightened volatility in the market.  Bitcoin Could Be Poised For 30% Pullback Cold Blooded Shiller believes it is important to note that Bitcoin…

Analyst Points To Possible 30% Bitcoin Correction, Calls For Caution Read More »

Bitcoin Investors In The Red: Losses Trump Profits As Ratio Dips Below 1

Bitcoin

Investors are bracing themselves for a rollercoaster ride as Bitcoin, the flagship digital asset, navigates through choppy waters. Recent data from Glassnode has revealed a noteworthy development: the Realized Profit/Loss Ratio for Bitcoin has dipped below one. This crucial metric, which compares the sell value of Bitcoin with the price at which it was bought,…

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Why The Bitcoin Halving Matters, But Not The Way You Think: Expert

Bitcoin

David Lawant, Head of Research at FalconX, a digital assets prime brokerage with trading, financing, and custody for leading financial institutions, recently offered an analysis on X (formerly Twitter) regarding the evolving role of Bitcoin halvings in market dynamics. This analysis challenges the traditional view that halvings directly and significantly affect Bitcoin’s price, instead highlighting a…

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Bitcoin Peak Pre-Halving Doesn’t Guarantee Further Gains: Analyst

Bitcoin

With the fourth Bitcoin Halving just around the corner, Lady of Crypto, a market analyst and trader, has weighed in on claims concerning this bull cycle.  The crypto analyst shared her insights after analyzing the recent market decline and the impending Bitcoin halving this month. According to the expert, there have been speculations that since…

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Bitcoin Miners To Lose A Whopping $10 Billion Following The Halving – Here’s Why

Bitcoin

The Bitcoin Halving is set to take place this week. Miners’ rewards will be cut in half from 6.25 BTC to 3.125. This event is expected to have far-reaching effects on the miners themselves, as they are bound to lose a significant amount of revenue once the halving occurs. Bitcoin Miners Could Lose Up To…

Bitcoin Miners To Lose A Whopping $10 Billion Following The Halving – Here’s Why Read More »

Bitcoin Completes ‘End Run,’ Analyst Says – Here’s What It Means

Bitcoin

Bitcoin (BTC) took a nasty spill over the weekend. Plunging to a gut-wrenching $60,850 before staging a partial recovery to hover around $64,500, this sudden price drop has left the crypto community scrambling for answers. Veteran trader Peter Brandt, known for his eagle eye on market patterns, has stepped into the ring to offer his…

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