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Bitcoin Price Forecast: Trump Win Could Boost BTC To $125,000, Standard Chartered

Bitcoin News

Geoff Kendrick, the Head of Crypto Research at Standard Chartered Bank, has put forth bullish predictions regarding the Bitcoin price trajectory in the event of the 2024 US presidential election.  Bitcoin Price Predictions Soar According to a CNBC report, Kendrick posits that a potential re-election of Donald Trump could propel Bitcoin to a staggering $125,000…

Bitcoin Price Forecast: Trump Win Could Boost BTC To $125,000, Standard Chartered Read More »

Challenges Mount For Bitcoin Miners As Difficulty Surges To Record High

Bitcoin News

A recent report by Bloomberg highlights that the difficulty of mining Bitcoin has surged to a record high, reflecting increasing competition among cryptocurrency miners.  On Wednesday, mining difficulty rose by 3.5%, as reported by crypto-mining tracker CoinWarz. This metric, which has been climbing steadily, often aligns with market expectations for Bitcoin’s price movements. Post-Halving Challenges…

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11% Of Bitcoin Supply In Coinbase’s Hands: Analyzing The Potential Risks

Bitcoin News

A recent report by The Defiant reveals that Coinbase holds a substantial 11% of the total Bitcoin supply, amounting to approximately 2.275 million BTC worth around $129 billion.  As the fourth-largest cryptocurrency exchange globally, Coinbase commands significant trading volume—$1.5 billion in 24-hour transactions and 34 million monthly users—and acts as a custodian for major corporations,…

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Why Bitcoin Retesting $57,000 Is Good For The Price

Bitcoin

Bitcoin (BTC) is finally making a comeback, with recent price spikes signaling a potential start of the long-awaited market bull run. As the cryptocurrency retests the $57,000 level, this renewed momentum could ignite a positive price rally, potentially driving more gains for Bitcoin.  Bitcoin Retests New Levels At $57,000 On Tuesday, September 10, Santiment, a…

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Analyst Says Bitcoin Is In A ‘Healthier’ Place Now, Here’s Why

Bitcoin

Bitcoin might be stuck in a downtrend, but fundamental analysis suggests it is in a healthy position. According to a recent analysis by crypto analyst Kaleo, Bitcoin is currently putting up healthier dynamics than it did in the previous halving cycle. This intriguing outlook for Bitcoin comes amidst the cryptocurrency’s struggle to stand firm above…

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Bitcoin Recovery Path To $60,000: Analyst Reveals Why $55,881 Is Important

Bitcoin

The Bitcoin recovery at the beginning of the week has been a welcome development, especially given the incredibly bearish movements of the last month. However, even with the price on the up and up, there is still some danger lurking around that could stop the rally dead in its tracks. So, it has become important…

Bitcoin Recovery Path To $60,000: Analyst Reveals Why $55,881 Is Important Read More »

Bitcoin Price by 2030: Analyst Reveals What Happens If Donald Trump Or Kamala Harris Wins

Bitcoin

Crypto analyst Thomas has provided his Bitcoin price prediction for 2030 based on whether Donald Trump or Kamala Harris wins the US presidential elections. Crypto has become a major talking point ahead of the elections, and experts like Bernstein analysts have also suggested that the winner of the polls will determine Bitcoin’s future trajectory.  What…

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Bitcoin Price Battles to Extend Gains: Will It Clear $58K?

Btc

Bitcoin price started a decent increase above the $56,500 resistance. BTC is now struggling to clear the $58,000 resistance and is consolidating gains. Bitcoin is attempting a fresh increase from the $52,500 support zone. The price is trading above $56,500 and the 100 hourly Simple moving average. There is a connecting bullish trend line forming…

Bitcoin Price Battles to Extend Gains: Will It Clear $58K? Read More »

Bitcoin Sees 2 Consecutive Heikin Ashi Signals On The Weekly Chart, What This Means

Bitcoin

Crypto analyst Jesse Olson has highlighted the second consecutive Heikin Ashi signal on the Bitcoin (BTC) weekly chart. This comes despite Bitcoin’s recent rise to as high as $58,000, which suggests that a bullish reversal might be on the horizon.  What The Heikin Ashi Signal Means For Bitcoin While momentum to the downside. Based on…

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Bitcoin Shakeout Ahead: Analysts Predict Final Dip Before Bull Run Resumes

Breaking News Ticker

The Bitcoin market has seen some consolidation since Monday, maintaining a price above the $56,000 mark after a brief drop from $65,000 to around $52,600 last Friday.  However, one analyst suggests that the bearish sentiment may still be ongoing, with expectations of a potential revisit to lower levels before a significant upward movement. BTC’s Future…

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