bitcoin price – Page 4 – BitcoTasks BLOG

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

September 10, 2024

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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Analysts Say Bitcoin Will Break $90,000 In Q4 2024 But This Must Happen First

September 10, 2024

Bitcoin

Predictions for the Bitcoin price have been all over the place, especially when it comes to whether the cryptocurrency can hit a new all-time high after the crash. While bearish sentiments remain strong, there are still analysts who believe that bullish times are on the way for the pioneer cryptocurrency. Bernstein analysts have fallen into…

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Bitcoin Price Could Extend Gains: Will Bulls Stay in Control?

September 10, 2024

Btc

Bitcoin price started a decent increase above the $55,500 resistance. BTC is consolidating and might aim for more gains if it clears the $58,000 resistance. Bitcoin is rising from the $52,500 support zone. The price is trading above $55,500 and the 100 hourly Simple moving average. There was a break above a key bearish trend…

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Michael Saylor Predicts Bitcoin Will Hit $13 Million, Reveals Expected Date

September 10, 2024

Bitcoin News

Michael Saylor, co-founder and Executive Chairman of the business intelligence firm MicroStrategy and a well-known Bitcoin advocate, recently reiterated his bullish stance on the leading cryptocurrency during an exclusive interview with CNBC on Monday. Saylor’s Bitcoin Price Forecast Saylor, recognized for steering his company towards significant BTC investments to capitalize on its continuous growth, projected…

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Crypto Research Firm Identifies Why The Bitcoin Price Could Crash To $45,000

September 10, 2024

Bitcoin

10x Research, a digital asset research platform for traders and institutions, has unveiled a foreboding forecast for the price of Bitcoin (BTC). Highlighting current market conditions and Bitcoin’s recent price dynamics, the research firm projects a massive price crash to $45,000 soon. Bitcoin $45,000 Price Crash Incoming 10x Research has released a report outlining several market…

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Bitcoin Leveraged Positions Building Up: BTC To $50,000 Or $60,000?

September 9, 2024

Bitcoin News

Bitcoin is firm at spot rates, looking at the development in the daily chart. Even so, the downtrend remains, and price action remains within a bearish breakout formation. This outlook follows the dump on September 7 that saw the world’s most valuable coin plunge, approaching the all-important round number, $50,000. Bitcoin Leveraged Positions Building Up…

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Bitcoin Support Retests Reflect September 2023 Patterns: Is Another Bull Run Coming?

September 9, 2024

Breaking News Ticker

Bitcoin has faced significant price fluctuations marked by a notable crash on August 5 that saw its value dip to $49,000. This was followed by a rebound to approximately $65,000, only to experience another decline to around $52,000 last Friday. Despite these challenges, the largest cryptocurrency by market capitalization is undergoing crucial support retests, reminiscent…

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Bitcoin Rainbow Chart Forecasts An End To Bearish Headwinds With $60,000+ Target

September 9, 2024

Bitcoin

Crypto analyst Daan Crypto has highlighted a Bitcoin Rainbow Chart, which has provided insights into the crypto’s current price action. The analyst also suggested that Bitcoin needs to hold above $60,000 to make a bullish reversal. Bitcoin Needs To Break Above $60,000 In an X (formerly Twitter) post, Daan Crypto suggested that Bitcoin needs to…

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Bitcoin Price Rebounds, But Could the Downtrend Return?

September 9, 2024

Btc

Bitcoin price remained supported near the $52,500 zone. BTC is recovering losses and facing hurdles near the $55,200 and $55,500 levels. Bitcoin is struggling to recover above the $55,500 zone. The price is trading below $55,200 and the 100 hourly Simple moving average. There is a key bearish trend line forming with resistance at $55,200…

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Bitcoin Flashes On-Chain Signal That Triggered A 175% Rally The Last Time

September 7, 2024

Bitcoin

A crypto analyst has revealed that the price of Bitcoin might be gearing for a fresh rally after the appearance of a bullish on-chain signal. Bitcoin UTXOs In Profit At Lowest Level Since 2023 — Here’s Why In a QuickTake post on the CryptoQuant platform, an analyst with the pseudonym EgyHash shared an interesting on-chain…

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Bitcoin Fear & Greed Index Falls To Extreme Fear, Is The Bottom Close?

September 7, 2024

Bitcoin

The recent Bitcoin and crypto market crash has seen prices plunge into the red across the board. As a result, sentiment among crypto investors has plunged rapidly and this has caused the Fear & Greed Index to plunge into the Extreme Fear territory. This suggests that investors are less likely to put money into the…

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