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Bitcoin News – Page 42 – BitcoTasks BLOG
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Major Bitcoin Metric Breaks 3-Month Downtrend Amid Bullish Network Recovery

Bitcoin

The Bitcoin on-chain metrics continue to show bullish signs that a parabolic breakout is imminent for the flagship crypto. The latest of these metrics is a significant turnaround in Bitcoin’s network activity, which could further provide bullish momentum for the crypto token.  Bitcoin Sees Surge In Network Activity  Crypto analyst Ali Martinez revealed in an…

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Buy Or Sell Bitcoin Now? Analyst Reveals Ultimate Bias Guide

Bitcoin

In an analysis released to his 280,000 followers on X, the renowned crypto analyst known as Cold Blooded Shiller (@ColdBloodShill) provided an in-depth look at the current state of Bitcoin amidst a volatile market environment. His commentary, titled “Ultimate BTC Simple Bias Guide,” unpacks the recent emotional reactions triggered by Bitcoin’s price movements and offers…

Buy Or Sell Bitcoin Now? Analyst Reveals Ultimate Bias Guide Read More »

Is A Bitcoin Crash Below $50,000 Still Possible? Crypto Analyst Shares The Possibilities

Bitcoin

The Bitcoin price has stalled after hitting the $71,000 level, floating in what is essentially a limbo of indecisiveness. Naturally, periods like these act as a predecessor to a massive move, but what direction the price might be headed in is another thing entirely. In an effort to pinpoint where Bitcoin is going, crypto analyst…

Is A Bitcoin Crash Below $50,000 Still Possible? Crypto Analyst Shares The Possibilities Read More »

Bitcoin & Ethereum On “Path To Acceleration,” CryptoQuant Explains Why

Bitcoin News

The on-chain analytics firm CryptoQuant has explained why Bitcoin and Ethereum have recently appeared to be on a path towards acceleration. Bitcoin & Ethereum Are Looking Bullish In On-Chain Metrics In a new thread on X, the official CryptoQuant handle discussed how some important on-chain indicators are looking for Bitcoin and Ethereum right now. The…

Bitcoin & Ethereum On “Path To Acceleration,” CryptoQuant Explains Why Read More »

Bitcoin Investors Beware: Extreme Greed Has Returned In Crypto

Bitcoin News

Data shows that cryptocurrency investors’ sentiment has surged to extreme greed recently, a sign that may not be ideal for Bitcoin. Bitcoin Fear & Greed Index Is In The Extreme Greed Territory Right Now The “Fear & Greed Index” is an indicator created by Alternative that keeps track of the average sentiment present among the…

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Bitcoin On The Verge As Global Liquidity Nears New $100 Million ATH

Bitcoin

Philip Swift, the founder of the on-chain analytics platform LookIntoBitcoin, recently highlighted the significant increase in global liquidity, which just hit a new all-time high (ATH). Swift suggested this was a crucial indicator of how Bitcoin can rise in this bull run.  The Most Important Indicator For Bitcoin Swift claimed that the global liquidity was…

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Bitcoin ETFs Witness 18 Straight Days Of Inflows, Options Traders Eye $100,000

Bitcoin News

US spot Bitcoin ETFs have experienced a noteworthy streak of net inflows for 18 consecutive days, contributing to the upward momentum of the leading cryptocurrency as it inches closer to its all-time high levels set in March.  According to Bloomberg data, these ETFs, managed by some of the world’s largest financial institutions, have attracted net…

Bitcoin ETFs Witness 18 Straight Days Of Inflows, Options Traders Eye $100,000 Read More »

VC Lists 2 Reasons Why Bitcoin Is Still Trending Below $100,000

Bitcoin News

Bitcoin traders are upbeat, confident that bulls have more legs to push prices above $72,000 and all-time highs. While the excitement about what lies ahead is primarily due to the mass inflow into spot Bitcoin exchange-traded funds (ETFs), Charles Edwards, the founder of Capriole Investments, has picked out multiple factors capping the current uptrend to…

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Bitcoin Coinbase Premium Index Has Turned Positive At 0.006, Why This Is Important

Bitcoin

The Bitcoin recent foray into $70,000 price territory has again become a hot topic among investors, with many looking at a positive price outlook. As a result of this fascinating price action, the vast majority of long-term holders have seen their holdings cross into profit zone. Particularly, the positive outlook seems to be positive among…

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Bitcoin Price Surge To $71,000 Sends All Long-Term Holders Into Profit, What About Short-Term Holders?

Bitcoin

Bitcoin long-term holders are back in profit following the flagship crypto’s recent price surge. However, the same can’t be said for most short-term holders yet, given the levels at which they purchased their Bitcoin holdings.  Only 0.03% Of Long-term Bitcoin Holder Supply In Loss In a recent market report, on-chain analytics platform Glassnode claimed that…

Bitcoin Price Surge To $71,000 Sends All Long-Term Holders Into Profit, What About Short-Term Holders? Read More »

Bitcoin Approaching All-Time Highs: Why Is Retail Interest Rapidly Declining?

Bitcoin News

Bitcoin is in an uptrend and will likely breach the all-important liquidation line at $72,000. At the spot rate, the coin is up approximately 25% from May lows and may rally, even breaking all-time highs of $73,800. Retail Interest In Bitcoin Falling Even As Prices Approach All-Time Highs Even as Bitcoin prints impressive higher highs,…

Bitcoin Approaching All-Time Highs: Why Is Retail Interest Rapidly Declining? Read More »

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