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Bitcoin News – Page 9 – BitcoTasks BLOG
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Will Bitcoin Repeat History? Analyst Sees This 2019 Pattern In Current Market

Bitcoin News

Following its renewed peak above $73,000 back in March, Bitcoin has been experiencing a prolonged period of price stagnation ever since, leaving many investors wondering about the potential for future movements. According to a recent analysis by a CryptoQuant analyst under the pseudonym ‘Avocado,’ this stagnation may bear a resemblance to a similar pattern observed…

Will Bitcoin Repeat History? Analyst Sees This 2019 Pattern In Current Market Read More »

Bitcoin Price Drops Below $58K Again, BTC To Make A Comeback Says Key Metric

Bitcoin News

After briefly trading above $59,000 in the early hours of Tuesday, Bitcoin price has now seen a significant retracement, dropping below the $58,000 price mark once again. However, despite this struggle to rally, a CryptoQuant analyst named Kripto Mevsimi recently shared an intriguing observation regarding Bitcoin price on the CryptoQuant QuickTake platform. Bitcoin’s Sharpe Ratio…

Bitcoin Price Drops Below $58K Again, BTC To Make A Comeback Says Key Metric Read More »

Bitcoin, XRP See Declining Whale Activity: What It Means

Bitcoin News

On-chain data shows Bitcoin, XRP, and other top cryptocurrencies have been witnessing notably lesser activity from the whales recently as compared to earlier in the year. Bitcoin, XRP Among Assets Observing A Decline In Whale Transactions In a new post on X, the on-chain analytics firm Santiment has discussed about how the latest trend in…

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Analysts Predict Bitcoin Price Could Crash To $40,000, But There’s Good News

Bitcoin

Despite initial expectations of a steady price increase and a robust bull run this year, Bitcoin (BTC) has suffered severe declines, pushing its price below the $60,000 threshold. Due to the cryptocurrency’s prolonged bearish performance, a crypto analyst has warned that Bitcoin could decline even further, predicting a potential crash below $40,000. However, the analyst…

Analysts Predict Bitcoin Price Could Crash To $40,000, But There’s Good News Read More »

Bitcoin Price Prediction: VanEck Envisions $2.9 Million BTC By 2050

Bitcoin News

Amid ongoing volatility for the Bitcoin price, which has struggled to reclaim its all-time high of $73,700, bullish predictions continue to emerge for the leading cryptocurrency. The latest forecast comes from VanEck, asset manager and Bitcoin ETF issuer with over $100 billion in assets under management. Bitcoin Price Projection In a recent update, VanEck projected…

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Bitcoin Eyes $68,000 In September: Could This Be The Turning Point?

Bitcoin News

Bitcoin, after experiencing a blood bath last Month, several analysts have re-analyzed its price action to see what this new month of September might hold for the Bitcoin Market. Amongst them, a renowned crypto analyst known as Mags on X has recently shared an insightful perspective on Bitcoin’s current market behavior in one of his…

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Bitcoin Needs To Break $70,000 For The Uptrend To Continue, Here’s Why

Bitcoin News

Bitcoin traders are upbeat, expecting prices to shake off recent weakness and soar above the local resistances to as high as $73,800. Even so, before the coin breaks above these liquidation regions, buyers must have conviction. Moreover, the leg up must be sustained by a fresh influx of new capital, ideally from investors fearing they…

Bitcoin Needs To Break $70,000 For The Uptrend To Continue, Here’s Why Read More »

Bitcoin Decline Not A Cause For Alarm, $100,000 Still In The Cards, Analyst Says

Bitcoin

The Bitcoin recent price volatility, including a crash below $50,000 last month, has significantly slowed down the momentum of the bull run many analysts are anticipating. Despite the price lull, a certain crypto analyst believes that the Bitcoin bull run is still on track, predicting a sharp rise to over $100,000 once current price corrections…

Bitcoin Decline Not A Cause For Alarm, $100,000 Still In The Cards, Analyst Says Read More »

Bitcoin Ends August Down 8%: What To Expect From Historically Bearish September

Bitcoin News

The Bitcoin (BTC) price performance in August resulted in losses of 8.6% for the largest cryptocurrency, exacerbating the bearish sentiment in the market since reaching all-time highs of $73,7000 in March of this year. Since then, BTC has been unable to consolidate above key levels.  However, this may not be the end of the bearish…

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Bitcoin At Risk Of Continued Selling Pressure Amid Market Volatility, Here’s Why

Bitcoin News

As September, often seen as a negative month for Bitcoin, kicks off, a crypto expert has pointed out that the digital asset is at risk of experiencing extended selling pressure amid recent market volatility and uncertainty. Recent data suggests that negative sentiment is growing, as more investors may want to sell their BTC in response…

Bitcoin At Risk Of Continued Selling Pressure Amid Market Volatility, Here’s Why Read More »

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