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Bitcoin – Page 20 – BitcoTasks BLOG
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Bitcoin on the Verge of a Breakout? Economist Refines Price Target To $120,000

Bitcoin News

Economist and market analyst Henrik Zeberg has made an updated bullish forecast for Bitcoin, predicting that the leading cryptocurrency could surge between $115,000 and $120,000. Zeberg, who forecasted a rise to $95,000-$100,000 in December 2022, revised his prediction based on his Business Cycle Model. Bitcoin On The Verge Of A Breakout? Despite a generally bearish…

Bitcoin on the Verge of a Breakout? Economist Refines Price Target To $120,000 Read More »

Bitcoin Poised for a 200% Rally as Analyst Spot Rare Bullish Pattern

Bitcoin News

Amid Bitcoin’s current gradual recovery in price, attention has been drawn towards the asset as it prepares to be on the verge of closing its seventh consecutive monthly candle above the all-time high (ATH) of 2021. Renowned crypto analyst Moustache recently took to X to highlight this key milestone, emphasizing the importance of higher timeframes…

Bitcoin Poised for a 200% Rally as Analyst Spot Rare Bullish Pattern Read More »

Bitcoin Analyst Expects Bulls To Break $74,000 Within Two Months, History Favors BTC In Q4 2024

Bitcoin News

The rejection of lower prices after the climactic drop in early August assuaged trades. Despite the welcomed recovery, Bitcoin bulls are yet to build on the momentum and break above the local resistance levels. Even so, traders are optimistic, expecting buyers to take charge and resume the uptrend set in motion in Q1 2024. In…

Bitcoin Analyst Expects Bulls To Break $74,000 Within Two Months, History Favors BTC In Q4 2024 Read More »

Bitcoin Price Breaches $62,000: Market Reacts To Powell’s Speech

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In a week marked by economic anticipation and turbulence, the crypto market experienced a rollercoaster ride as the Bitcoin price surged and retreated in response to Federal Reserve Chair Jerome Powell’s remarks at the Jackson Hole Economic Symposium. Bitcoin Price Rallies On Powell’s Dovish Tones Powell’s risk assets like Bitcoin, as it signals a more…

Bitcoin Price Breaches $62,000: Market Reacts To Powell’s Speech Read More »

Bitcoin Investors Are Still Fearful: What Needs To Happen For A Turnaround?

Bitcoin News

Data shows that Bitcoin investors still hold a sentiment of fear as the cryptocurrency’s price continues to consolidate. Bitcoin Fear & Greed Index Is Currently Pointing At ‘Fear’ The “Fear & Greed Index” is an indicator created by Alternative that, in short, tells us about the general sentiment present among the traders in the Bitcoin…

Bitcoin Investors Are Still Fearful: What Needs To Happen For A Turnaround? Read More »

Top Economist Predicts Bitcoin Price Top Before Worst Recession Since 1929

Bitcoin

Henrik Zeberg, Head Macro Economist at Swissblock, has reasserted his prediction that a US recession is inevitable, but not before a dramatic upswing in financial markets, including a substantial rally for Bitcoin to heights between $115,000 and $120,000. In his most recent analysis posted on X, Zeberg expounded upon the cyclical nature of markets and…

Top Economist Predicts Bitcoin Price Top Before Worst Recession Since 1929 Read More »

Investors Buying Bitcoin (BTC) Over Ethereum (ETH): Key Data Reveals

Bitcoin News

The market is facing severe volatility as the two main assets, Bitcoin (BTC) and Ethereum (ETH), are in crucial accumulation phases. However, Bitcoin has performed better over the past ten days, standing out amid the fluctuations.  The ETH/BTC chart reveals this shift. At the time of writing, Ethereum’s price in Bitcoin terms was 0.043, its…

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These Are The Biggest Bitcoin Support & Resistance Zones, Analyst Reveals

Bitcoin News

An analyst has revealed the Bitcoin price zones that could act as major support and resistance centers for the cryptocurrency. A Large Number Of Investors Bought Bitcoin Inside These Zones In a new on-chain analysis, the potential for any price level to behave in this manner lies in the amount of tokens purchased. Below is…

These Are The Biggest Bitcoin Support & Resistance Zones, Analyst Reveals Read More »

Bitcoin And NASDAQ Show Tight Correlation: What Does This Mean For BTC?

Bitcoin News

Bitcoin, although starting the year with a bang has now been quiet so far in terms of performance, especially following its peak back in March. Despite the halving in April of this year, Bitcoin has experienced modest gains compared to the excitement of previous years. According to Ecoinmetrics, a platform known for providing insights into…

Bitcoin And NASDAQ Show Tight Correlation: What Does This Mean For BTC? Read More »

Will Bitcoin Perform Better In September Compared To August? Here’s What The Data Says

Bitcoin

With each month, the Bitcoin performance can vary widely depending on how investors are feeling toward the market. Years of monthly return data available for the cryptocurrency have led to investors and analysts trying to pinpoint the cryptocurrency’s next move based on historical performance. As the month of August draws to a close, Bitcoin investors…

Will Bitcoin Perform Better In September Compared To August? Here’s What The Data Says Read More »

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