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Bitcoin – Page 4 – BitcoTasks BLOG
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Bitcoin Short-Term Holder Behavior Reminiscent Of 2019 As BTC Remains Below $60,000

Bitcoin

A recent Quicktake analysis on the on-chain analytics platform CryptoQuant highlighted how Bitcoin’s short-term holders’ (STH) behaviour is similar to that of 2019. This analysis comes as Bitcoin remains below $60,000, continuing the bearish September trend.  Peak In Bitcoin’s Short-Term Holders Similar To 2019 Structure CryptoQuant contributor Avocado_onchain noted that there had been a “small…

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Bitcoin Breakout: Pundit Shows Similarities Between 2023 And 2024

Bitcoin

A crypto pundit has identified striking similarities between the Bitcoin (BTC) market behavior in 2023 and 2024. Based on the analyst’s observation, he believes that Bitcoin is experiencing a comparable cycle of decline, characterized by widespread investor sell offs, which could precede a significant price breakout to new levels.  Comparing The Bitcoin Markets Of 2023…

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Analysts Predict Bitcoin Price Could Crash To $40,000, But There’s Good News

Bitcoin

Despite initial expectations of a steady price increase and a robust bull run this year, Bitcoin (BTC) has suffered severe declines, pushing its price below the $60,000 threshold. Due to the cryptocurrency’s prolonged bearish performance, a crypto analyst has warned that Bitcoin could decline even further, predicting a potential crash below $40,000. However, the analyst…

Analysts Predict Bitcoin Price Could Crash To $40,000, But There’s Good News Read More »

Bitcoin Decline Not A Cause For Alarm, $100,000 Still In The Cards, Analyst Says

Bitcoin

The Bitcoin recent price volatility, including a crash below $50,000 last month, has significantly slowed down the momentum of the bull run many analysts are anticipating. Despite the price lull, a certain crypto analyst believes that the Bitcoin bull run is still on track, predicting a sharp rise to over $100,000 once current price corrections…

Bitcoin Decline Not A Cause For Alarm, $100,000 Still In The Cards, Analyst Says Read More »

The Curse Of September: Is Another Massive Bitcoin Sell-Off Coming?

Bitcoin

significant drop in price. September To Witness Another Bitcoin Price Drop? A crypto analyst who goes username @thedefivillian on the X (formerly Twitter) platform outlined a possible price crash coming for Bitcoin. The crypto analyst points out that the last two months have seen massive drops in price for the pioneer cryptocurrency and September will…

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Bitcoin Price Under Pressure? Analyst Explains Why Retreat Below $66,000 Is Bad News

Bitcoin

A crypto analyst has pinpointed the $66,000 mark as a crucial level for the Bitcoin price and its trajectory over the coming weeks.  Bitcoin Price Needs To Climb Above $66,000 — Here’s Why Popular crypto pundit Ali Martinez took to the X platform to share an interesting on-chain observation for the price of Bitcoin. This…

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Bitcoin In ‘Neutral’ Zone: What This Means, According To Analyst

Bitcoin

Bitcoin, the crypto market leader and largest digital asset, currently trades at $58,877 following a rather negligent price movement in the last day. According to data from CoinMarketCap, the premier cryptocurrency saw more lows than highs in August, resulting in an 8.46% decline over the month. As September begins, a CryptoQuant analyst with the username…

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Bitcoin Set For Further Losses As Data Points To Stormy September – Details

Bitcoin

According to data from CoinMarketCap, Bitcoin has experienced a turbulent end to August, losing 7.75% of its market value in the final week. This price decline underscores the overall negative performance of the crypto market leader in the last month, with a recorded monthly price decline of 10.64%. Interestingly, amidst this downtrend, the asset’s historical…

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Bitcoin ‘Must Do This Now’, Says Crypto Analyst

Bitcoin

In a breakdown of Bitcoin’s current market dynamics, prominent crypto analyst Dan Gambardello, in his latest video titled “Bitcoin Must Do This Now,” addressed his 368,000 followers on YouTube regarding the critical resistance levels Bitcoin is currently testing. Gambardello emphasized the importance of these levels for both short-term price movements and broader market indicators. Why…

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