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Bitcoin News – Page 47 – BitcoTasks BLOG
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Bitcoin ETF Inflows Soar To Highest Level In Months As BTC Price Surges Past $68,000

Bitcoin News

After enduring a significant 20% price correction earlier this month that saw Bitcoin fall below $56,400 and increased outflows from the Bitcoin ETF market, the world’s largest cryptocurrency has managed to stage a strong comeback. It has broken above the key $66,000 resistance level and turned it into a new support zone. BTC Bounces Back…

Bitcoin ETF Inflows Soar To Highest Level In Months As BTC Price Surges Past $68,000 Read More »

Bitcoin Price Mirrors Historical Pattern That Led To $1,200 Surge, Will History Repeat Itself?

Bitcoin

Crypto analyst TechDev has provided insights into the flagship crypto was currently mirroring its price action in 2017 and could soon make a parabolic rise like it did back then.  History Could Repeat Itself  TechDev shared a chart on his X (formerly Twitter) platform with the caption, “The more things change, the more they stay…

Bitcoin Price Mirrors Historical Pattern That Led To $1,200 Surge, Will History Repeat Itself? Read More »

Bitcoin “Profit-Taking Has Completed,” Top Analyst Reveals

Bitcoin News

An analyst has explained how profit-taking looks to have finished for Bitcoin in what has been a “very healthy reset” for the market. Bitcoin SOPR Suggests Profit-Taking From Investors Has Cooled Off In a new Spent Output Profit Ratio (SOPR). The SOPR is an on-chain indicator that basically tells us about whether the Bitcoin investors…

Bitcoin “Profit-Taking Has Completed,” Top Analyst Reveals Read More »

Bitcoin Whales Are Not Selling, BTC Has Strong Support Above $60,000

Bitcoin News

Bitcoin is rising, recently breaking above $67,000, and heading towards the all-important $70,000, a psychological round number. One analyst took to X amid this uptick, noting that whales holding over 1,000 BTC are not moving their coins to exchanges. Instead, they likely expect prices to spike higher in the coming days and weeks. Though movements…

Bitcoin Whales Are Not Selling, BTC Has Strong Support Above $60,000 Read More »

Bitcoin Retail Investors Are Dumping Amid Jump To $67,000, Why This Is Good For Price

Bitcoin

The bullish for the Bitcoin price. Bitcoin Retail Are Dumping Their Bags In a report on X (formerly Twitter), the on-chain data tracker Santiment revealed an interesting trend among small-time Bitcoin investors. As the price of Bitcoin rallied past $67,000 over the weekend, these small wallets took this as the time to sell and secure…

Bitcoin Retail Investors Are Dumping Amid Jump To $67,000, Why This Is Good For Price Read More »

Bitcoin Rally Incoming: This Major BTC Metric Just Turned Bullish Once Again

Bitcoin

A crucial Bitcoin metric has just turned bullish, sparking optimism from a crypto analyst regarding an impending rally for Bitcoin. This unique technical pattern suggests that the world’s largest cryptocurrency could see its price ascending further, potentially kick-starting a highly welcomed bull run this cycle.  Bitcoin Technical Pattern Flips Bullish Bitcoin’s price has often followed…

Bitcoin Rally Incoming: This Major BTC Metric Just Turned Bullish Once Again Read More »

4 Key Reasons Why The Bitcoin Bull Run Is Far From Over

Bitcoin

In an analysis shared via X, renowned crypto analyst Ted (@tedtalksmacro) has provided compelling evidence to support his assertion that the current Bitcoin bull run is far from over. Ted’s insights are based on four critical indicators related to traditional finance and crypto liquidity, each pointing to sustained growth in the near future. Here’s a…

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Unstoppable Bitcoin? CryptoQuant’s CEO Foresees Bull Run Extending To 2025

Bitcoin News

According to Ki Young Ju, CEO of CryptoQuant, the Bitcoin current market dynamics suggest a bullish phase that could extend well into April 2025. Ju’s analysis comes amid BTC’s current uptrend, which appears to be a continuation of that seen in March, when BTC achieved a new all-time high, surging above $73,000 for the first…

Unstoppable Bitcoin? CryptoQuant’s CEO Foresees Bull Run Extending To 2025 Read More »

Bitcoin Whales Quiet Down – Here’s Why And What It Means For The Market

Bitcoin News

Recent data from Santiment indicates a noticeable decrease in Bitcoin whale activity, reaching the lowest levels seen in 2024. This trend shows that holders of large amounts of Bitcoin, known as whales, are drifting away from active trading. While this could signal a negative trend, the situation presents a complex picture of the cryptocurrency’s market…

Bitcoin Whales Quiet Down – Here’s Why And What It Means For The Market Read More »

Bitcoin Bulls “Warming Up” As Spot ETF Inflows Exceeds $1.3 Billion In 2 Weeks

Bitcoin News

Even after the upswing mid-this week, Bitcoin prices remain wavy, considering price action in lower time frames. The coin is retesting $66,000 at spot rates, but traders expect the breakout to have been confirmed, pushing BTC prices toward $70,000. Since the surge to all-time highs in March, the coin has been on a steady downtrend,…

Bitcoin Bulls “Warming Up” As Spot ETF Inflows Exceeds $1.3 Billion In 2 Weeks Read More »

Bitcoin To $100,000: Infamous Head And Shoulders Pattern Appears To Signal The Start Of Another Rally

Bitcoin

Crypto analyst Crypto Jebb recently highlighted an inverse price to $100,000.  How Could Bitcoin Could Rise To $100,000 Crypto Jebb revealed in a sending Bitcoin’s price to $70,000. The analyst also noted that the price target of the bullish pattern is at $75,000, which indicates that Bitcoin could hit a new all-time high (ATH) on…

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