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Bitcoin News – Page 18 – BitcoTasks BLOG
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Bitcoin Traders Cautious Despite Massive Stablecoin Inflow: What’s Next For BTC?

Bitcoin News

Bitcoin buyers might be upbeat after the uptick on August 8. While traders are waiting for a conclusive close above $63,000, confirming bulls of the second half of last week, on-chain data points to risk and traders staying on the sidelines. Traders Cautious: Will The Bitcoin Consolidation Continue? Taking to X, one on-chain analyst said.…

Bitcoin Traders Cautious Despite Massive Stablecoin Inflow: What’s Next For BTC? Read More »

Crypto Analyst Says End Of This Bitcoin Bear Trap Could Drive Price To $72,000

Bitcoin

A crypto analyst has unveiled a highly optimistic forecast for Bitcoin (BTC), suggesting that the end of the supposed Bitcoin bear trap could propel the price of the cryptocurrency to new highs, potentially reaching $72,000.  Bitcoin Set To Hit $72,000 In a recent X (formerly Twitter) Bitcoin will surge to $72,000 soon. The analyst shared…

Crypto Analyst Says End Of This Bitcoin Bear Trap Could Drive Price To $72,000 Read More »

Bitcoin Investors Again Show Extreme Fear As BTC Slips To $59,000

Bitcoin News

Data shows the Bitcoin market sentiment has taken to extreme fear again as the asset’s price has seen a retrace to the $59,000 mark. Bitcoin Fear & Greed Index Suggests Market Now Extremely Fearful The “Fear & Greed Index” is an indicator created by Alternative that tells us about the average sentiment that’s currently present…

Bitcoin Investors Again Show Extreme Fear As BTC Slips To $59,000 Read More »

Legendary Fibonacci Extension Reveals When Bitcoin Will Reach $109,000

Bitcoin

Crypto analyst CryptoCon has highlighted a technical indicator that has always accurately predicted each local high for Bitcoin in this bull run. Once again, this indicator has revealed the next local high for Bitcoin and when it will happen.  When Bitcoin Will Reach A Local High Of $109,000 CryptoCon predicted in an X (formerly Twitter)…

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Is Bitcoin Headed For A Rally Or Ruin? This Key Price Point Could Decide

Bitcoin News

Although Bitcoin has seen a noticeable rebound following its negative price performance on the red Monday witnessed this week, the asset now appears to be at a critical juncture, according to prominent crypto analyst Benjamin Cowen. Cowen disclosed in a series of potential recovery or further losses. However, BTC’s only ability to avoid the further plunge…

Is Bitcoin Headed For A Rally Or Ruin? This Key Price Point Could Decide Read More »

Grayscale Forecasts Bitcoin To Retest All-Time Highs By 2024 End If US Avoids Recession

Bitcoin News

The Bitcoin market experienced a major downturn earlier this week attributed to concerns regarding the US economic outlook and increased volatility in the broader financial markets. Notably, Ethereum’s performance lagged, potentially influenced by heightened futures market activity and selling pressure from select large holders. Despite these challenges, asset manager and exchange-traded fund (ETF) issuer Grayscale…

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Bitcoin Makes Sharp Recovery, But Watch Out For Resistance At $64,000

Bitcoin News

On-chain data shows that the Bitcoin short-term holder whales have a cost base above $64,000, which could be a potential resistance point for BTC. Bitcoin Is Not Far From Realized Price Of Short-Term Holder Whales After Rally As pointed out by an analyst in a CryptoQuant Quicktake Realized Price” here refers to an indicator that…

Bitcoin Makes Sharp Recovery, But Watch Out For Resistance At $64,000 Read More »

XRP Has Surpassed Bitcoin, Ethereum, And Solana Combined In This Metric

Xrp

The long-standing legal battle between Ripple and the US Securities and Exchange Commission (SEC) has finally made significant progress in court, and the case may be nearing its end, with a surge for XRP. As expected, this development revitalized interest in XRP, Ripple’s native cryptocurrency, which in turn led to a noticeable surge in XRP’s…

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Bitcoin Nears $60,000 As Putin Signs Law Legalizing Crypto Mining In Russia

Bitcoin News

In a significant boost for the largest cryptocurrency on the market, Bitcoin (BTC) has surged nearly 9% in the last 24 hours, inching closer to the coveted $60,000 milestone. This price rally comes after BTC hit a 7-month low of $49,000 earlier this week amid broader market uncertainty. Fueling this crypto resurgence is a significant…

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Bitcoin NVT Golden Cross Gives Bottom Signal: What Happened Last 2 Times

Bitcoin News

On-chain data shows that the Bitcoin Network Value to Transactions (NVT) Golden Cross has dipped into the bottom region, which may be bullish for the asset’s price. Bitcoin NVT Golden Cross Has Seen A Sharp Decline Recently As an analyst in a CryptoQuant Quicktake NVT ratio” is an on-chain metric that keeps track of the ratio between…

Bitcoin NVT Golden Cross Gives Bottom Signal: What Happened Last 2 Times Read More »

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