bitcoin price – Page 61 – BitcoTasks BLOG

Bitcoin Held On Coinbase Exchange Reach 9-Year Low, Can Bitcoin Reach $75,000?

March 26, 2024

In a recent development, data from crypto analytics firm Glassnode shows that the amount of Bitcoin held on Coinbase has reached a 9-year low. This has raised the possibility of the flagship crypto rising to a new all-time high (ATH) of $75,000 soon enough. BTC Held On Coinbase Drops Significantly According to Glassnode, the Bitcoin…

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Crypto Outflows Reach New Record High, Will The Bitcoin Decline Continue?

March 26, 2024

Bitcoin

Crypto investment products have finally registered a week of outflows after seven weeks of consecutive strong inflows and two weeks of breaking records after records. In fact, data has shown that these investment products have now set a new record for the most outflows in a week, extending the run of record creation. According to…

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Bitcoin Price Surges Past $71,000: 4 Key Reasons Behind The Rally

March 26, 2024

Bitcoin

The Bitcoin price has soared past the $71,000 mark. In the past 24 hours alone, the price of Bitcoin surged by 6.5%, climbing from just below $65,500 to reach $71,491. This remarkable rally can be attributed to a combination of factors that have collectively contributed to the upward trajectory of the world’s leading cryptocurrency. Here’s…

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Bitcoin Price Reclaims $70K And Signals Fresh Surge To $75K

March 26, 2024

Btc

Bitcoin price is rising and now trading above $70,000 resistance zone. BTC could continue to rise toward the $73,000 and $75,000 levels in the near term. Bitcoin price remained in a positive zone above the $66,500 level. The price is trading above $70,000 and the 100 hourly Simple moving average. There is a connecting bullish…

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Bitcoin Whales Remove A Staggering $2.3 Billion From Exchanges, Is It Time To Buy?

March 26, 2024

Bitcoin

Bitcoin whales have been very active in the past few days as the crypto continues to trade below $68,000. Notably, on-chain data has shown a trend of accumulation among Bitcoin whales, with large bouts of the cryptocurrency leaving crypto exchanges into private wallets. These massive transfers appear to have piqued the interest of a few…

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Bitcoin is “Overheating” For The First Time Ever Before Halving

March 26, 2024

Bitcoin News

Bitcoin, the world’s most valuable coin, is once again deviating from historical norms. According to an analysis by one crypto analyst, the coin is in the “overbought” territory of the Relative Strength Index (RSI) for the first time in the lead-up to halving. The RSI is a popular technical indicator analysts use to gauge the price momentum…

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Bitcoin To $50,000 Or $80,000? Crypto Expert Predicts Where Price Is Headed Next

March 26, 2024

Bitcoin

Crypto expert popularly known as KSI has shared his thoughts on how the significant dips on its way to a new all-time high of $100,000. $80,000 Could Be Next For Bitcoin KSI mentioned in an X (formerly Twitter) correction could quickly follow, as the crypto analyst remarked that Bitcoin would drop to between $50,000 and…

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Bitcoin Price Aims Key Upside Break As Dips Turn Attractive

March 25, 2024

Btc

Bitcoin price is again attempting an upside break above $68,000 resistance zone. BTC could rally if it clears $67,500 and $68,000 in the near term. Bitcoin price started a decent increase above the $65,000 zone. The price is trading below $65,000 and the 100 hourly Simple moving average. There is a key bullish trend line…

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Bitcoin Long-Term Holders & Price Top: Glassnode Reveals Pattern

March 24, 2024

Bitcoin News

The on-chain analytics firm Glassnode has explained that Bitcoin tends to reach a potential top when the long-term holders show this pattern. Bitcoin Long-Term Holders Have Been Ramping Up Distribution In a new report, Glassnode discussed the influence that the BTC long-term holders have on the cryptocurrency’s supply dynamics. The “long-term holders” (LTHs) here refer…

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Bitcoin Addresses Add $1.6 Billion In BTC In A Single Day – Price Recovery Soon?

March 24, 2024

Bitcoin

The price performance of Bitcoin over the past week has been a source of concern for the majority of the crypto community. This has pretty much been the case for other cryptocurrencies in the market, with several large-cap tokens reversing their recently-accrued profits. However, some investors are treating the recent price decline as a rare…

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