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News – Page 227 – BitcoTasks BLOG
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Is Ethereum’s Price Under Pressure? Here Is What Futures Data Signals

Ethereum

Recent data from CryptoQuant has revealed a bearish phase for Ethereum (ETH), as futures traders exhibit strong selling activity. The crypto community closely monitors these developments, especially with Ethereum struggling to hold above the $3,500 mark, adding tension to an already volatile market. Ethereum Market Sentiments And Technical Indicators Data from CryptoQuant has shed light…

Is Ethereum’s Price Under Pressure? Here Is What Futures Data Signals Read More »

Bitcoin Turns Weakness Into Strength: Analyst Identifies Major Liquidity Zone At $73,000

Bitcoin

Crypto analyst Dippy has laid a bullish narrative for the Bitcoin’s recent drop below $68,000.   Bitcoin Could Experience A Massive Pump Above $73,000 Dippy suggested in an X (formerly Twitter) post that Bitcoin could enjoy a price pump once it reaches the liquidity zone around $73,000. He noted that many short traders have their stop…

Bitcoin Turns Weakness Into Strength: Analyst Identifies Major Liquidity Zone At $73,000 Read More »

Is Now The Time To Buy Bitcoin? Latest Chart Analysis Says Yes – Here’s Why

Bitcoin News

Bitcoin has recently been spotlighted due to an intriguing buy signal identified on its hourly chart. This indication emerges amidst a notable fluctuation in Bitcoin’s price, setting the stage for potential short-term gains. Renowned crypto analyst Ali has highlighted a significant development on the hourly chart of Bitcoin, specifically noting a ‘buy signal’ detected by…

Is Now The Time To Buy Bitcoin? Latest Chart Analysis Says Yes – Here’s Why Read More »

Bitcoin Slips Under $67,000: Can BTC Rely On This Historical Support Again?

Bitcoin News

Bitcoin has observed a plunge during the past day, taking the asset’s price under $67,000. Here’s the historical support level that the asset could visit next. Bitcoin Is Now Not Far From The Short-Term Holder Realized Price As analyst James Van Straten pointed out in a post on X, the Realized Price of the Bitcoin…

Bitcoin Slips Under $67,000: Can BTC Rely On This Historical Support Again? Read More »

Ethereum Buying Pressure Reaches Critical Level Amid Massive Whale Buying

Ethereum

Institutional investors have been accumulating Ethereum at a rapid pace after the SEC’s recent approval of Spot Ethereum ETFs. Crypto analyst Ali Martinez noted that this accumulation trend has created buying pressure that could be the much-needed catalyst for Ethereum to break above the $4,000 price mark. According to a social media post by Ali…

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Is Bitcoin Crashing Because Of Miner Capitulation And Speculative BTC Bets?

Bitcoin News

Bitcoin is dumping when writing, cooling off from May highs of nearly $72,000. Down roughly 10% from all-time highs, there could be more losses on the way, at least looking at the candlestick arrangement in the daily chart. Now, Willy Woo, a Bitcoin on-chain analyst, thinks the drop is primarily because of the ongoing “miner…

Is Bitcoin Crashing Because Of Miner Capitulation And Speculative BTC Bets? Read More »

Bitcoin Crash Below $67,000 Sends Market Spiraling, Here Are The Levels To Watch

Bitcoin

The new week has been quite bearish for bitcoin, with the price witnessing major crashes below multiple support levels. After losing its footing above $71,000, it has plunged further below $67,000, signaling the start of a downtrend. Amid the uncertainty, a crypto analyst has presented the important levels to watch as Bitcoin makes it descent,…

Bitcoin Crash Below $67,000 Sends Market Spiraling, Here Are The Levels To Watch Read More »

Bitcoin Set for Further Decline As Bearish Sentiment Intensifies

Bitcoin

Bitcoin (BTC), the leading cryptocurrency by market capitalization, appears to be heading for further declines as market sentiment turns increasingly bearish. Recent analysis shows that BTC is struggling to maintain key support levels, and the overall mood among traders and investors is shifting towards caution. Several factors such as macroeconomic pressures, regulatory concerns, and technical…

Bitcoin Set for Further Decline As Bearish Sentiment Intensifies Read More »

Blood In The Water? Ethereum Whales Circle As Price Drops

Cryptocurrency Market News

Ethereum (ETH), the world’s second-largest cryptocurrency by market capitalization, has created a perplexing scenario for investors recently. Despite a noticeable decline in its price, on-chain data reveals that large investors, often referred to as “whales,” are accumulating ETH. This could signal a potential buying opportunity, though technical indicators suggest a weakening uptrend, leaving Ethereum’s near-term…

Blood In The Water? Ethereum Whales Circle As Price Drops Read More »

$2 Billion Crypto Funds Flow Into Market On Rate Cut Buzz

Cryptocurrency Market News

The cryptocurrency market is buzzing with renewed optimism as investment funds witness a historic inflow surge. CoinShares, a leading digital asset manager, reported a record-breaking $2 billion influx into crypto funds in just one week, surpassing the entire month of May’s net inflows. This positive trend, now spanning five consecutive weeks, has propelled total assets…

$2 Billion Crypto Funds Flow Into Market On Rate Cut Buzz Read More »

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