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Bitcoin News – Page 58 – BitcoTasks BLOG
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Bitcoin Trader Selling Pressure Declining, CryptoQuant Head Explains Why

Bitcoin News

The head of research at the on-chain analytics firm CryptoQuant has explained why selling pressure from Bitcoin traders may be declining. Bitcoin Short-Term Holder Realized Price Has Risen To $60,000 In a new short-term holders” (STHs) refer to the Bitcoin investors who have been holding onto their coins since less than 155 days ago. The…

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Bitcoin Accumulation: You Won’t Believe How Much BTC Holders Have Bought Since The Crash

Bitcoin

Bitcoin holders have again reaffirmed their faith in the flagship crypto despite its recent price declines. This follows recent data showing that Bitcoin accumulation addresses recorded a new all-time high (ATH) amidst the current market downward trend.  Accumulation Addresses Record New All-Time High Of Bitcoin Inflows accumulation addresses between April 16 and 17. This is…

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Bitcoin Halving: Anticipating Price Impact, Miner Challenges, And Long-Term Outlook

Bitcoin News

The highly anticipated Bitcoin Halving event is close, bringing with it heightened expectations regarding the long-term impact on the Bitcoin price.  There are concerns, however, that this quadrennial event may already be priced in, as Bitcoin recently reached an unprecedented all-time high of $73,700 on March 14. This surge broke the pattern of previous Halvings,…

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Bitcoin’s Next Move Revealed: Trading Guru Reveals This Cryptic Chart Pattern, Here’s What It Says

Bitcoin News

Legendary trader Peter Brandt has recently significant market move for the crypto asset. This insight comes as Bitcoin appears to be recovering slightly from its week-long decline. The asset is up nearly 5% over the past 24 hours, with a current trading price of $64,968 at the time of writing. Bitcoin Next Move According To…

Bitcoin’s Next Move Revealed: Trading Guru Reveals This Cryptic Chart Pattern, Here’s What It Says Read More »

Bitcoin Set To Soar To $200,000 Post-Halving: Skybridge Founder

Bitcoin

In a recent interview on the future of Bitcoin, Anthony Scaramucci, the founder and managing partner of Skybridge Capital, has made a compelling prediction that the Bitcoin price could potentially reach $200,000 following its forthcoming halving event. This forecast comes at a time of considerable volatility within the crypto markets, exacerbated by recent geopolitical tensions…

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Bitcoin Miners Always Sell Into Halvings, Is This Time Any Different?

Bitcoin News

On-chain data shows Bitcoin miners have always sold as Halvings have occurred. With the next one just around the corner, how are miners behaving this time? Next Bitcoin Halving Is Less Than Two Days Away Now In a CryptoQuant Quicktake post, an analyst discussed Bitcoin miners’ behavior in the build-up to the next Halving. The…

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Bitcoin: Expect The Unexpected – Analyst Sees Unconventional Bull Run Post-Halving

Bitcoin News

Bitcoin has been moving lower ahead of the Halving event, going against analysts’ expectations. This price action has been unexpected and shows how the coin tends to go against predictions, basically charting its path.  Bitcoin Breaking The Mold In light of Bitcoin’s randomness, especially in the past few months following the approval of spot exchange-traded…

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Goldman Sachs On Bitcoin Halving: ‘It doesn’t Matter If It’s A Buy The Rumor, Sell The News Event’

Bitcoin

Analysts at Bitcoin halving is a noteworthy event, other major factors will likely exert greater influence on Bitcoin’s future value.  Bitcoin Halving To Play Lesser Role In BTC’s Outlook In a note to clients, Goldman Sach’s analysts have cautioned against reading too much into the past Bitcoin halving cycles and their impact on the cryptocurrency.…

Goldman Sachs On Bitcoin Halving: ‘It doesn’t Matter If It’s A Buy The Rumor, Sell The News Event’ Read More »

Here’s What Would Happen If The Bitcoin Price Fell Below $58,000

Bitcoin

Crypto analyst Crypto Rover has provided insights into what could happen if the Bitcoin price drops below $58,000. The flagship crypto has continued to suffer price declines lately and risks dropping to that price level if it manages to break the crucial $60,000 support level.  What A Drop Below $58,000 Would Mean For The Bitcoin…

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