Bitcoin – Page 40 – BitcoTasks BLOG

Bitcoin Whales Remove A Staggering $2.3 Billion From Exchanges, Is It Time To Buy?

March 26, 2024

Bitcoin whales have been very active in the past few days as the crypto continues to trade below $68,000. Notably, on-chain data has shown a trend of accumulation among Bitcoin whales, with large bouts of the cryptocurrency leaving crypto exchanges into private wallets. These massive transfers appear to have piqued the interest of a few…

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To Infinity And Beyond: Analyst Forecasts Bitcoin To Hit $100,000 In High-Speed

March 26, 2024

Bitcoin

Cryptocurrency expert and analyst Doctor Profit has identified regions that are vital for Bitcoin (BTC) presently, which could possibly propel the crypto asset’s price to unprecedented heights at a very fast pace. For the most part, the cryptocurrency community is concerned about the way that Bitcoin’s price has performed during the last week. Nonetheless, Doctor…

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Bitcoin To $50,000 Or $80,000? Crypto Expert Predicts Where Price Is Headed Next

March 26, 2024

Bitcoin

Crypto expert popularly known as KSI has shared his thoughts on how the significant dips on its way to a new all-time high of $100,000. $80,000 Could Be Next For Bitcoin KSI mentioned in an X (formerly Twitter) correction could quickly follow, as the crypto analyst remarked that Bitcoin would drop to between $50,000 and…

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Bitcoin ‘Real Pump’ Nears New All-Time Highs, Analyst Says

March 25, 2024

Bitcoin

Bitcoin, the ever-enigmatic digital currency, has analysts locked in a heated debate about its 2024 price trajectory. Will it soar to new heights, fueled by institutional adoption and mainstream acceptance, or will it face a reality check and revisit recent lows? Bullish Vs. Bearish Perspectives On Bitcoin The optimists, led by the prominent crypto analyst…

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Bitcoin ETFs Bleed For One Week Straight – Can Price Recover To $73,000?

March 24, 2024

Bitcoin

Last week was rough for Spot Bitcoin ETFs as they failed to attract strong inflows day after day. As a result, these Spot Bitcoin ETFs witnessed consecutive daily outflows every day last week, indicating the bullish sentiment among institutional traders might actually be waning. This seems to have been reflected in the price of Bitcoin,…

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Bitcoin ETF Netflows May Experience Rebound If This Price Is Attained, Analyst Explains

March 24, 2024

Bitcoin

In line with the decline in Bitcoin’s price, the spot Bitcoin ETF market has appeared rather gloomy in recent days. According to data from analytics firm BitMEX Research, these BTC ETFs have recorded a negative netflow for the last four trading sessions. This situation has been marked by large levels of Grayscale’s GBTC outflows and…

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Bitcoin Addresses Add $1.6 Billion In BTC In A Single Day – Price Recovery Soon?

March 24, 2024

Bitcoin

The price performance of Bitcoin over the past week has been a source of concern for the majority of the crypto community. This has pretty much been the case for other cryptocurrencies in the market, with several large-cap tokens reversing their recently-accrued profits. However, some investors are treating the recent price decline as a rare…

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