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Bitcoin – Page 8 – BitcoTasks BLOG
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Analyst Says Bitcoin Bottom Is Not In, Will Price Crash Below $50,000 Again?

Bitcoin

Crypto analyst Altcoin Sherpa recently suggested that the Bitcoin bottom isn’t yet in and that the flagship crypto could still drop to new lows. Meanwhile, other crypto analysts like Mikybull Cypto have made a case for why the bottom is in and suggested that it is unlikely that Bitcoin will drop below $50,000 again.  Bitcoin…

Analyst Says Bitcoin Bottom Is Not In, Will Price Crash Below $50,000 Again? Read More »

Bitcoin Bull Run Still Intact? Here’s What On-Chain Data Says

Bitcoin

After Monday’s market crash, concerns about the stability of Bitcoin’s bull run have emerged. Yet, Ki Young Ju, founder and CEO of CryptoQuant, a leading blockchain analytics firm, maintains a positive outlook. He suggests that, despite the recent crash, on-chain data continues to support the notion that the bull market for Bitcoin remains intact. Bitcoin…

Bitcoin Bull Run Still Intact? Here’s What On-Chain Data Says Read More »

Bitcoin Sellers Running Out Of Coins As Dominance Hits 3-Year High

Bitcoin

Bitcoin’s dominance. Bitcoin Seller Exhaustion Is At Its Peak In an X (formerly Twitter) post, Rekt Capital mentioned that “the sell-side volume has reached and even dramatically eclipsed Seller Exhaustion levels seen at previous price reversals to the upside.” The analyst added that Bitcoin hasn’t seen this level of sell-side volume since the Halving event…

Bitcoin Sellers Running Out Of Coins As Dominance Hits 3-Year High Read More »

VanEck CEO Compares Bitcoin Adoption To Gold, Reveals Why Price Will Touch $350,000

Bitcoin

Bitcoin (BTC), the world’s largest cryptocurrency. According to the popular CEO, Bitcoin is set to witness an exponential surge to $350,000, driven by an adoption rate on par with gold. Bitcoin Set To Hit Ambitious $350,000 Target In an exclusive issuers of Spot Bitcoin ETFs, Van Eck is keenly aware of the volatility in the…

VanEck CEO Compares Bitcoin Adoption To Gold, Reveals Why Price Will Touch $350,000 Read More »

Bitcoin Crash: Analyst Says A Break Above This Level Will Trigger FOMO

Bitcoin

A popular Bitcoin analyst has suggested a key breakout point for Bitcoin amidst a bearish market price action. While Bitcoin’s price has been experiencing a downward trend, dynamics and movements over the past few months have established several significant price levels. These levels might offer traders valuable insights into Bitcoin’s potential future actions. The $65,000…

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Bitcoin RSI Goes Bearish For The First Time Since August 2023, Will It Crash Below $40,000?

Bitcoin

The Relative Strength Index (RSI) is an important indicator for any cryptocurrency, and Bitcoin is no different. Given that the pioneer cryptocurrency has been around the longest, the abundance of data makes it possible to use this indicator in an attempt to pinpoint where the price might be headed next. This time around, the indicator…

Bitcoin RSI Goes Bearish For The First Time Since August 2023, Will It Crash Below $40,000? Read More »

Bitcoin Loses Crucial Support, Poised For Return To $54,000 – Analyst

Bitcoin

The price of Bitcoin has maintained a consistent decline over the past week following several economic and market developments. According to data from CoinMarketCap, the premier cryptocurrency currently hovers around the $60,000 price zone, having lost over 11.17% of its market value in the last seven days. As many crypto enthusiasts may hope Bitcoin finds…

Bitcoin Loses Crucial Support, Poised For Return To $54,000 – Analyst Read More »

Bitcoin Triple Threat: Analyst Identifies Three Signals For BTC Price Rebound

Bitcoin

A popular crypto analyst on the X platform has sounded the buy alarm for Bitcoin after the premier cryptocurrency fell to the $60,000 level this weekend. Can Bitcoin Price Make A Return To $67,000? In a recent post on X, popular crypto pundit Ali Martinez shared an exciting analysis of the price of BTC over…

Bitcoin Triple Threat: Analyst Identifies Three Signals For BTC Price Rebound Read More »

Wondering When To Buy Bitcoin? Here Are The Levels To Watch

Bitcoin

Due to market volatility and Bitcoin (BTC) price fluctuations, identifying the best times to buy the pioneer cryptocurrency can be challenging. Taking this into consideration, a crypto analyst has pinpointed key price levels for investors to monitor for potential buying opportunities.  Buy Levels To Watch For The Bitcoin Price A crypto analyst identified as ‘Stockmoney…

Wondering When To Buy Bitcoin? Here Are The Levels To Watch Read More »

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