bitcoin price – Page 44 – BitcoTasks BLOG

This Crypto Expert Called The Bitcoin Top in 2021, Now He’s Calling The Bottom In 2024

May 14, 2024

As the Bitcoin price continues to fluctuate wildly, the question in every investor’s mouth right now is when the digital asset will find its bottom. For some, the bottom has already been met, while for others, there are still more price crashes to come. However, one analyst’s prediction in particular stands out and this is…

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Brace For Impact: Mt. Gox Set To Inject 142,000 BTC And 143,000 Bitcoin Cash Into The Market- Here’s When

May 14, 2024

Bitcoin

Tokyo-based Bitcoin exchange, Mt. Gox is preparing to release a substantial amount of Bitcoin (BTC) into the market, signaling the upcoming disbursement of payments to creditors who had been affected by its hack attack in 2011. Mt. Gox Set To Release 142,000 Bitcoin Into Market Reports from Reddit reveal that the Kraken Bitcoin (BTC) and…

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CPI Preview: Bitcoin Price Poised To Surge If Projections Hold True

May 14, 2024

Bitcoin

The US Consumer Price Index (CPI) data, set to be released tomorrow, May 15 (Wednesday), at 8:30 am ET, is anticipated to be a potentially significant catalyst for the Bitcoin price. This expectation stems particularly from Bitcoin’s recent trend of responding to macroeconomic news, indicating a heightened sensitivity to such data in influencing its market…

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Bitcoin Price Stuck In Key Range, What Could Spark Major Move?

May 14, 2024

Btc

Bitcoin price managed to stay above the $60,000 support. BTC recovered and is now facing hurdles near the $63,500 resistance zone. Bitcoin seems to be trading in a range between $60,000 and $63,500. The price is trading above $61,800 and the 100 hourly Simple moving average. There was a break above a major bearish trend…

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Buy Or Sell Bitcoin? Quant Reveals What Leading Metric Says

May 14, 2024

Bitcoin News

A quant has explained what a potential leading Bitcoin indicator could say about what’s next for the cryptocurrency’s price. Bitcoin Coinbase Premium May Hold The Answer To Where BTC Goes Next In a CryptoQuant Quicktake post, an analyst has talked about the trend currently taking place in the Bitcoin Coinbase Premium. “We can use the…

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Bitcoin Long-Term Holders Accumulating Like In 2021: Is BTC Ready For A 15X?

May 13, 2024

Bitcoin News

Bitcoin is moving sideways, posting drab price action, forcing participation to taper. But amid this consolidation and even fear of more losses, one analyst has shared data suggesting that long-term holders are accumulating at spot rates. Are We Back To 2021? Bitcoin Long-Term Holders Accumulating In a post on X, the analyst noted that this re-accumulating pace…

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Is The Bitcoin Bottom In? Analyst Reveals Key Price Levels To Watch

May 13, 2024

Bitcoin

In his latest technical analysis, veteran crypto analyst Christopher Inks offers a detailed look at the current Bitcoin market structure through a comprehensive chart analysis. The chart, recently shared on X, shows Bitcoin’s price movements alongside several key technical indicators and levels that could signal a potential reversal from its bearish trend. The analyst illustrates…

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Analyst Points Out Level To Beat If Bitcoin Is To Reach $76,000

May 13, 2024

Bitcoin

Crypto analyst Ali Martinez has highlighted what needs to happen for Bitcoin to climb to $76,000. If that doesn’t happen, he noted that the flagship crypto risks dropping significantly to levels not seen since the start of the year. How Bitcoin Could Rise To $76,000 Martinez mentioned in an X (formerly Twitter) post that Bitcoin…

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Bitcoin Price Signals Bearish Continuation, Why BTC Could Drop Below $60K

May 13, 2024

Btc

Bitcoin price started a fresh decline from the $62,000 resistance zone. BTC is declining and remains at a risk of more losses below the $60,000 level. Bitcoin started a fresh decline after it failed near $62,000. The price is trading below $61,000 and the 100 hourly Simple moving average. There was a break below a…

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Bitcoin On-Chain Activity Nearing Historic Lows – What This Means For BTC Price

May 12, 2024

Bitcoin

The price of Bitcoin has continued to move within a consolidation range since hitting a new all-time high in mid-March. This sluggish price action has been a source of worry to most investors, especially when the premier cryptocurrency recently lost its support at the $60,000 level. Interestingly, price is not the only Bitcoin metric that…

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US Mega Banks JP Morgan And Wells Fargo Unveil Bitcoin Exposure As BTC Drops To $60,000

May 12, 2024

Bitcoin

BTC’s price dipping slightly above $60,000. US Financial Banks Expose Spot Bitcoin ETF Holdings American financial services companies, Wells Fargo and JP Morgan, have revealed their exposure to BTC by disclosing their adoption of Spot Bitcoin ETFs in a recent filing. This decision to invest in BTC ETFs marks a notable change from the banks’…

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