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Bitcoin News – Page 62 – BitcoTasks BLOG
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Bitcoin Stays Sub $70,000 As Hong Kong Readies April-End ETF Launch

Bitcoin

The Bitcoin price has seen a notable fluctuation, briefly surpassing $72,500 on Monday before dipping below the $70,000 threshold on Tuesday. This movement can be attributed to a risk-off sentiment among investors, largely in anticipation of the latest US Consumer Price Index (CPI) figures today. Following a low of $68,200 on Tuesday, Bitcoin managed a…

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Bitcoin Nears Two Important On-Chain Levels: What Happened Last Time

Bitcoin News

Data shows Bitcoin is currently nearing two notable on-chain price levels. Here’s what happened the last time BTC broke above them. Bitcoin Is Approaching Vaulted Price & MVRV +1SD Currently In a new post on X, Glassnode leads on-chain analyst Checkmate points out that BTC has been near two on-chain price levels recently. The first…

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Bitcoin To Go ‘Ballistic’ After Halving, Says Top Analyst – Here’s Why

Bitcoin News

As the crypto space eagerly awaits the highly anticipated Bitcoin halving event, top crypto analyst Willy Woo has emerged with a bullish prediction that has stirred considerable excitement among enthusiasts. Woo particularly underscored the potential for Bitcoin’s price to surge dramatically, using the term “ballistic” to describe the expected trajectory post-Halving. Notably, Bitcoin’s Halving is…

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Ethena’s (ENA) Crucial Role In Bitcoin Bull Market: Expert Identifies Critical Factors For Sustainable Growth

Bitcoin News

The recent volatility in the Bitcoin (BTC) price and its struggle to consolidate above the $70,000 mark has raised questions about the sustainability of its ongoing bull run. However, market expert Charles Edwards, co-founder of Capriole Invest, believes that the decentralized finance (DeFi) protocol Ethena Labs (ENA) could significantly extend and boost Bitcoin’s bull market…

Ethena’s (ENA) Crucial Role In Bitcoin Bull Market: Expert Identifies Critical Factors For Sustainable Growth Read More »

Crypto Prophet Jeremy DaVinci Predicts Bitcoin Surge: Are We Headed For $130,000?

Bitcoin News

Amidst the recent market retracement, notable crypto enthusiast and YouTuber Jeremy DaVinci has sparked optimism in the Bitcoin community. DaVinci’s analysis revolves around a technical indicator, the Bollinger Bands, suggesting a potential rally in Bitcoin’s price trajectory. Where Are We Headed To? According to DaVinci, Bitcoin has closed above the upper Bollinger Bands indicator for…

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Are The Odds In Bitcoin Bulls Favor? These Analysts Forecast BTC’s Future

Bitcoin News

As the Bitcoin (BTC) “Halving” approaches, expectations increase about how the flagship cryptocurrency will perform. Bitcoin (BTC) is recovering momentum after facing a significant correction in the first few days of Q2, and some analysts are forecasting new heights for the number one cryptocurrency soon. Are The Odds In The Bulls Or Bears Favor? Bitcoin…

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Bitcoin To $150,000 Is “Programmed” With Halving Approaching: Analyst

Bitcoin News

With Bitcoin ripping higher and closing in on breaking all-time highs, one analyst on X thinks $150,000 post-halving is “programmed.” The analyst remains upbeat in a post, highlighting several fundamental developments that could drive the world’s most valuable coin to new valuation and more than 2X from spot rates.  Currently, the path of least resistance remains northward.…

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Crypto Founder Warns Of Burgeoning Bitcoin Fire Sale, Here’s What It Means

Bitcoin

BitMEX has released another blog post, predicting a major fire sale and a potential price decline for Bitcoin, the world’s largest cryptocurrency.  Bitcoin Fire Sale Imminent In his affect the price of the cryptocurrency.  The Bitcoin halving is an occurrence that takes place every four years which reduces Bitcoin miner block rewards by half. This,…

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Bitcoin Q1 Performance Digest: 70% Price Surge, Inflows Into ETFs, And Expansion Of Layer TVL Revealed

Bitcoin News

Bitcoin (BTC) has shown an impressive performance in the first quarter (Q1) of 2024, as highlighted in a recent report by market intelligence data research firm Messari. The research firm finds key factors contributing to Bitcoin’s price increase, market cap dominance, and the emergence of new trends in the cryptocurrency ecosystem. Inscription Activities Drive Bitcoin…

Bitcoin Q1 Performance Digest: 70% Price Surge, Inflows Into ETFs, And Expansion Of Layer TVL Revealed Read More »

Bitcoin 40% Of Way Through Bull Run If This Metric Is To Go By

Bitcoin News

A pattern in the holdings of the Bitcoin long-term holders may suggest that the current bull run is 40% of the way to completion. Bitcoin Long-Term Holders Have Been Distributing Recently In a new long-term holders” (LTHs) here refer to the BTC investors who have been holding onto their coins for over six months. Statistically,…

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Beyond Halving: Expert Predicts Bitcoin To Soar Above $200,000 With Surprising Catalyst

Bitcoin News

Global investor Dan Tapiero recently shared his optimistic outlook for Bitcoin (BTC), suggesting that the leading cryptocurrency soars above the $200,000 mark might be on the horizon. Tapiero, known for his investment insights and co-founding roles in Gold Bullion International and 10T Holdings, took to X to express this bullish sentiment. Catalyst That Could Drive…

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