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Bitcoin – Page 36 – BitcoTasks BLOG
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What to expect after the Bitcoin Halving: a look at post-halving performance

Bitcoin

The Bitcoin Halving is almost here, bringing about the most significant event in the Cryptocurrency market ever. Each event has had a dramatic impact on supply, demand, and price appreciation post-halving. But with Bitcoin price already setting a new all-time high before the halving for the first time ever, how might this change post-halving performance?…

What to expect after the Bitcoin Halving: a look at post-halving performance Read More »

Bitcoin To $100,000: Can Hong Kong’s Spot ETFs Make It Happen?

Bitcoin

In a recent analysis, Stanislas Bernard, the founder of Sinz 21st.Capital, delved into the complexities surrounding Hong Kong’s consideration to approve spot Bitcoin ETFs against the backdrop of China’s escalating economic crisis. With the nation grappling with a record debt-to-GDP ratio of 288% in 2023, and witnessing one of the most severe housing market collapses…

Bitcoin To $100,000: Can Hong Kong’s Spot ETFs Make It Happen? Read More »

Analyst Says Bitcoin Halving Influence Is No Longer Driving Price, Here’s What Is

Bitcoin

Analysts from CryptoQuant have revealed that the influence of the 2024 Bitcoin halving on the price of BTC has notably diminished. According to the crypto analytics firm, the highly anticipated halving event is no longer the key driver for a bullish momentum in BTC.  Bitcoin Halving Effects On Prices Is Fading CryptoQuant wrote in a…

Analyst Says Bitcoin Halving Influence Is No Longer Driving Price, Here’s What Is Read More »

Bitcoin Below $70,000: Is $80K Still Possible, Or Is The Rally Over?

Bitcoin

Bitcoin, the undisputed king of cryptocurrencies, is once again on a wild ride. After a surge over the weekend that brought it close to shattering its all-time high, the digital asset has dipped back below the crucial $70,000 mark in the last 24 hours. This sudden correction has left investors wondering if the predicted surge…

Bitcoin Below $70,000: Is $80K Still Possible, Or Is The Rally Over? Read More »

Bitcoin Stays Sub $70,000 As Hong Kong Readies April-End ETF Launch

Bitcoin

The Bitcoin price has seen a notable fluctuation, briefly surpassing $72,500 on Monday before dipping below the $70,000 threshold on Tuesday. This movement can be attributed to a risk-off sentiment among investors, largely in anticipation of the latest US Consumer Price Index (CPI) figures today. Following a low of $68,200 on Tuesday, Bitcoin managed a…

Bitcoin Stays Sub $70,000 As Hong Kong Readies April-End ETF Launch Read More »

Is Bitcoin Headed For A Crash? Analysts Cite Possible Downtrend

Bitcoin

Investors in the cryptocurrency space are eagerly awaiting the halving of Bitcoin in order to fuel future market growth. However, top cryptocurrency expert and trader Benjamin Cowen cautions that if the price of BTC follows a previous pattern, there may be a correction. Bitcoin Halving Could Impact Price Negatively Cowen has highlighted a trend that…

Is Bitcoin Headed For A Crash? Analysts Cite Possible Downtrend Read More »

Crypto Founder Warns Of Burgeoning Bitcoin Fire Sale, Here’s What It Means

Bitcoin

BitMEX has released another blog post, predicting a major fire sale and a potential price decline for Bitcoin, the world’s largest cryptocurrency.  Bitcoin Fire Sale Imminent In his affect the price of the cryptocurrency.  The Bitcoin halving is an occurrence that takes place every four years which reduces Bitcoin miner block rewards by half. This,…

Crypto Founder Warns Of Burgeoning Bitcoin Fire Sale, Here’s What It Means Read More »

Skybridge CEO Says Bitcoin Can Reach Half Of Gold Market, How Much Will BTC Be?

Bitcoin

The future price and valuation of Bitcoin is a hot topic of debate, with varying predictions from different camps. One sentiment is maintained by most, though, and that is the fact that the cryptocurrency is going to trade at a much higher valuation than it is currently. Skybridge Capital CEO Anthony Scaramucci shares this sentiment,…

Skybridge CEO Says Bitcoin Can Reach Half Of Gold Market, How Much Will BTC Be? Read More »

Analyst Cites Favorable Market Trends That Could See Bitcoin Touch $300,000 This Cycle

Bitcoin

Amid the renewed strength recently displayed by Bitcoin, Michael Van De Poppe, a recognized cryptocurrency analyst and trader has offered an intriguing prediction for BTC, highlighting that the crypto asset is likely to reach the $300,000 threshold in this bull cycle. Bitcoin Price Targetted At Unprecedented Heights This Cycle Over the past month, the price…

Analyst Cites Favorable Market Trends That Could See Bitcoin Touch $300,000 This Cycle Read More »

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