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Bitcoin News – Page 13 – BitcoTasks BLOG
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Top Economist Predicts Bitcoin Price Top Before Worst Recession Since 1929

Bitcoin

Henrik Zeberg, Head Macro Economist at Swissblock, has reasserted his prediction that a US recession is inevitable, but not before a dramatic upswing in financial markets, including a substantial rally for Bitcoin to heights between $115,000 and $120,000. In his most recent analysis posted on X, Zeberg expounded upon the cyclical nature of markets and…

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Investors Buying Bitcoin (BTC) Over Ethereum (ETH): Key Data Reveals

Bitcoin News

The market is facing severe volatility as the two main assets, Bitcoin (BTC) and Ethereum (ETH), are in crucial accumulation phases. However, Bitcoin has performed better over the past ten days, standing out amid the fluctuations.  The ETH/BTC chart reveals this shift. At the time of writing, Ethereum’s price in Bitcoin terms was 0.043, its…

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These Are The Biggest Bitcoin Support & Resistance Zones, Analyst Reveals

Bitcoin News

An analyst has revealed the Bitcoin price zones that could act as major support and resistance centers for the cryptocurrency. A Large Number Of Investors Bought Bitcoin Inside These Zones In a new on-chain analysis, the potential for any price level to behave in this manner lies in the amount of tokens purchased. Below is…

These Are The Biggest Bitcoin Support & Resistance Zones, Analyst Reveals Read More »

Bitcoin And NASDAQ Show Tight Correlation: What Does This Mean For BTC?

Bitcoin News

Bitcoin, although starting the year with a bang has now been quiet so far in terms of performance, especially following its peak back in March. Despite the halving in April of this year, Bitcoin has experienced modest gains compared to the excitement of previous years. According to Ecoinmetrics, a platform known for providing insights into…

Bitcoin And NASDAQ Show Tight Correlation: What Does This Mean For BTC? Read More »

Will Bitcoin Perform Better In September Compared To August? Here’s What The Data Says

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With each month, the Bitcoin performance can vary widely depending on how investors are feeling toward the market. Years of monthly return data available for the cryptocurrency have led to investors and analysts trying to pinpoint the cryptocurrency’s next move based on historical performance. As the month of August draws to a close, Bitcoin investors…

Will Bitcoin Perform Better In September Compared To August? Here’s What The Data Says Read More »

Is Bitcoin Ready to Soar? Key Indicators Signal Potential $72K Target

Bitcoin News

Bitcoin is seeing an uptick following its recent reclaim above the $60,000 mark in the past day. Amid this price performance, renowned crypto analyst Mags on Elon Musk’s social media platform X shared his latest asset analysis. According to Mags, Bitcoin could be poised for a major rally, driven by factors related to the USDT dominance (USDT.D)…

Is Bitcoin Ready to Soar? Key Indicators Signal Potential $72K Target Read More »

Bitcoin Could Target $63,000 But Must First Clear This Vital Resistance Level

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After experiencing a significant 25% pullback earlier this month, plunging to the $49,000 level, the king of cryptocurrencies, Bitcoin (BTC), has managed to consolidate above the crucial $60,000 support for the last 24 hours. However, Bitcoin’s journey toward further price appreciation has been without obstacles. The digital asset has been unable to surpass higher resistance…

Bitcoin Could Target $63,000 But Must First Clear This Vital Resistance Level Read More »

September 10: A Bitcoin Game Changer, Says Hedge Fund Founder

Bitcoin

Travis Kling, the founder and Chief Investment Officer of Ikigai Asset Management, is proposing a direct link between the US presidential election outcomes and the Bitcoin price. Via X, Kling delves into the political dynamics and their perceived implications for crypto markets, particularly focusing on the potential re-election of Donald Trump. Why September 10 Could…

September 10: A Bitcoin Game Changer, Says Hedge Fund Founder Read More »

Bitcoin’s MVRV Ratio Nears Critical Death Cross: Will The Market See A Bearish Shift?

Bitcoin News

A recent analysis from a CryptoQuant analyst has raised concerns over Bitcoin MVRV Ratio Momentum. The MVRV ratio, a critical indicator in on-chain analysis, represents the ratio between Bitcoin’s realized and market values. It serves as a tool to assess whether the market is overvalued or undervalued. By applying 30-day and 365-day moving averages (DMA)…

Bitcoin’s MVRV Ratio Nears Critical Death Cross: Will The Market See A Bearish Shift? Read More »

Where Is Bitcoin And Ethereum Headed? Analyst Reveals Key Levels to Watch

Bitcoin News

Amid Bitcoin’s continuous consolidation below the $61,000 price mark over the past weeks, renowned trading guru Peter Brandt, with decades of experience in the financial markets, has recently shared an update on his outlook for Bitcoin and Ethereum. His analysis comes at a time when both of these assets have been unable to maintain a…

Where Is Bitcoin And Ethereum Headed? Analyst Reveals Key Levels to Watch Read More »

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