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Bitcoin News – Page 22 – BitcoTasks BLOG
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Bitcoin ETFs On A Buying Spree, Scoop Up Nearly 300,000 BTC Since January

Bitcoin News

Regulated spot Bitcoin ETFs (exchange-traded funds) in the United States have seen a resurgence in inflows following significant selling pressure over the past two months that sent the largest cryptocurrency on the market to a 6-month low of $53,500 on July 5. Bitcoin ETFs And Institutions Now Control 9% Of Total Supply Data from analytics…

Bitcoin ETFs On A Buying Spree, Scoop Up Nearly 300,000 BTC Since January Read More »

Would Bitcoin Fall Below $60,000 Again? Analyst Reveals A Concerning Trend For BTC

Bitcoin News

Amid the continuous blend of bulls and bears from Bitcoin in recent months, Trading Guru Peter Brandt has shared in his latest downward trend. The legendary trader said in a recent post on Elon Musk’s social media platform X: “The series of lower highs and lower lows continues.” What Are the Implications Of This Pattern…

Would Bitcoin Fall Below $60,000 Again? Analyst Reveals A Concerning Trend For BTC Read More »

Why Did This Crypto Whale Spend $400 Million Buying Bitcoin Yesterday?

Bitcoin

On-chain data shows a particular Bitcoin whale who accumulated almost $400 million between July 30 and 31. This whale is believed to have purchased the flagship crypto, having seen an opportunity to profit massively thanks to Bitcoin’s recent price action.  Bitcoin Whale Purchases Almost $400 Million Worth Of BTC On-chain analytics platform Lookonchain revealed in…

Why Did This Crypto Whale Spend $400 Million Buying Bitcoin Yesterday? Read More »

Bitcoin’s Price Potential: Analyst Maps Path To $700,000 And Beyond

Bitcoin News

Bitcoin has been on a rollercoaster ride ever since it reached its all-time high (ATH) of $73,737 back in March. However, regardless of that, several analysts and traders in the crypto community remain persistent in their bullish outlook for the asset. An example is Willy Woo, a well-known figure in the crypto sector. Earlier today,…

Bitcoin’s Price Potential: Analyst Maps Path To $700,000 And Beyond Read More »

Bitcoin Makes Third Retest Of Historical Support, Analyst Sounds Alarm

Bitcoin News

An analyst has warned that support levels weaken the more they are retested and Bitcoin is now doing a third consecutive retest of a major such level. Bitcoin Is Again Retesting The Short-Term Holder Realized Price As explained by CryptoQuant community manager Maartunn in a new Realized Price” here refers to an indicator that, in…

Bitcoin Makes Third Retest Of Historical Support, Analyst Sounds Alarm Read More »

Bitwise CIO On Bitcoin: ‘We’re Not Bullish Enough’ – Here’s Why

Bitcoin News

Matt Hougan, Chief Investment Officer (CIO) of Bitwise, claims in a new memo to investors following the 2024 Bitcoin Conference that the market may not be bullish enough about the future of BTC. The conference was a watershed moment that attracted massive political attention and could influence the future trajectory of Bitcoin heavily. Why You…

Bitwise CIO On Bitcoin: ‘We’re Not Bullish Enough’ – Here’s Why Read More »

Bitcoin Holds Ground At $65,700 Amid Unchanged Fed Rates, Anticipating September Moves

Bitcoin News

In the wake of the highly anticipated address by Federal Reserve Chair Jerome Powell, Bitcoin (BTC) maintained a steady course on Wednesday as the Fed opted to keep interest rates unchanged at 5.25%-5.50%.  Crypto Market Awaits Fed’s Next Move Powell, speaking at a press conference in Washington DC, hinted at the possibility of rate reductions…

Bitcoin Holds Ground At $65,700 Amid Unchanged Fed Rates, Anticipating September Moves Read More »

Is Bitcoin Poised for a September Price Surge? What Traders Need to Know

Bitcoin News

As summer is currently fast approaching, several crypto traders and analysts have cranked up their optimism for Bitcoin price trajectory. Among them is well-known crypto analyst, Rekt Capital, who has recently analyzing recent trends and historical data. What the Bullish September Sentiment Is Based On Rekt Capital pointed out that despite Bitcoin’s failure to break…

Is Bitcoin Poised for a September Price Surge? What Traders Need to Know Read More »

Hedge Fund Manager Says Bitcoin Price Will Reach $428,000 If This Happens

Bitcoin

Hedge fund manager James Lavish has predicted that Bitcoin could rise to $428,000 at some point. He also mentioned what needs to happen for the flagship crypto to reach such an ambitious price target.  How Bitcoin Could Rise To $428,000 Lavish mentioned in an X (formerly Twitter) Bitcoin would rise to $428,000 when it becomes…

Hedge Fund Manager Says Bitcoin Price Will Reach $428,000 If This Happens Read More »

Elliot Wave Theory Suggests Bitcoin Price will Crash Below $40,000

Bitcoin

The Elliot Wave theory has become very popular among Bitcoin analysts, given its effectiveness in helping to estimate where the cryptocurrency’s price is headed next. Using this same theory, pseudonymous crypto analyst XForceGlobal has estimated what could happen next for the Bitcoin price. Elliot Wave Theory Points To A Recovery In the analysis Elliot Wave…

Elliot Wave Theory Suggests Bitcoin Price will Crash Below $40,000 Read More »

Is A Major Bitcoin Dip Coming? What the Coinbase Index Tells Us

Bitcoin News

An analyst from the CryptoQuant QuickTake platform has now grim move brewing for Bitcoin. This indicator, when placed with its Simple Moving Average over 14 days (SMA14), has often shown a significant correlation with Bitcoin’s selling pressure, shedding light on how crucial its impact is on the market. Bull or Bear: What the Coinbase Index…

Is A Major Bitcoin Dip Coming? What the Coinbase Index Tells Us Read More »

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