Bitcoin – Page 3 – BitcoTasks BLOG

Glassnode Founders Say Bitcoin Crash To $37,000 Wouldn’t Be A Bad Thing, Here’s Why

September 16, 2024

Glassnode co-founders Jan Happel and Yann Allemann recently indicated that a Bitcoin crash to $37,000 would be a good thing. They also explained why they wouldn’t be sad about such a massive price decline for the flagship crypto. Bitcoin Dropping To $37,000 Would Be A Steal Happel and Allemann mentioned in an X (formerly Twitter)…

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Bitcoin Price Flashes Downside Break: Will Bears Take Over?

September 16, 2024

Btc

Bitcoin price failed to clear the $60,650 resistance. BTC is now correcting gains and might decline toward the $57,500 support zone. Bitcoin is correcting gains and trading well below the $60,000 level. The price is trading below $58,800 and the 100 hourly Simple moving average. There was a break below a key bullish trend line…

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Analyst Says Bitcoin Will Reach $68,000 By End Of September, $90,000 In December

September 15, 2024

Cryptocurrency Market News

Bitcoin has once again surged past the critical $60,000 threshold, signaling a potential shift in market sentiment as selling pressure appears to be subsiding. This development follows a period of volatility, where Bitcoin experienced a significant dip, but data from CoinMarketCap now shows that the cryptocurrency has made a remarkable 15% rebound. Bitcoin hit a…

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On-Chain Data Suggests Bitcoin Price Trend Reversal Is Yet To Occur — What’s Happening?

September 15, 2024

Bitcoin

The price of Bitcoin (BTC) ended the week on a good note after making a late rally on Friday, September 13. This recent price upswing has led to talks about the Bitcoin price making a comeback following a horrendous start to September. Interestingly, the latest on-chain data suggests that the ongoing price recovery might not…

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FET: 30% Breakthrough Draws Investor Attention As New Developments Roll Out

September 15, 2024

Cryptocurrency Market News

The Artificial Superintelligence Alliance (FET) has gained ground after the market returned to pre-September levels. CoinGecko notes that FET, the native token of the merger, has risen by 30% since last week, representing a huge jump in investor sentiment. This was due to several on-chain developments this week, supported by an even greater bullish market…

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Bitcoin At A Crossroads: Bullish Momentum Meets Selling Pressure – Details

September 15, 2024

Bitcoin

Bitcoin gained by over 10% in the past week as it reclaimed the $60,000 price mark on Friday. Following an initially negative performance in September, this recent price rise by the crypto market leader has elicited much positive sentiments from investors. However, a Cryptoquant analyst with the username CRYPTOHELL reports that this bullish momentum is…

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3-Year Cup-And-Handle Pattern Promises To Send Bitcoin Above $100,000

September 15, 2024

Bitcoin

Crypto analyst Jelle has highlighted a bullish pattern that has been forming on the Bitcoin chart for the last three years. The analyst suggested that it could soon be time for the pattern to play out, with a price target of $100,000 and above in sight if it does. 3-Year Cup And Handle Pattern Could…

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Shiba Inu Seen Exploding 1,000%-7,300%: Bold Predictions Signal Massive Growth

September 14, 2024

Cryptocurrency Market News

Once more making waves with some fascinating predictions is Shiba Inu (SHIB). Top trader Dexter has set an ambitious long-term target for the meme coin despite market volatility, expecting it may rise from $0.00001389 to $0.00015, which is almost a 1,000% increase. SHIB is exhibiting a 1.27% growth over the previous 24 hours, and over…

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Bitcoin Hits $60,000 As Market Conditions Align For Crypto Price Surge: Santiment

September 14, 2024

Bitcoin

Bitcoin has hit the $60,000 price mark, recovering a price level last seen since August 29. Based on data from CoinMarketCap, The crypto market leader moved by 3.98% on Friday, capping off a rather impressive weekly performance. Commenting on this price gain, prominent blockchain analytics company Santiment has provided insight into shifting market dynamics that…

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Bitcoin Price Recovery Hinges On This Key Market Indicator, Reveals Analyst

September 14, 2024

Bitcoin News

The crypto market has recently seen some ups and downs, with Bitcoin facing many fluctuations. According to a recent post by a CryptoQuant analyst known as ‘Kripto Mevsimi,’ the Bitcoin Market Value to Realized Value (MVRV) ratio has dipped below its 365-day moving average. This specific indicator often identifies potential market bottoms and zones where…

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Bitcoin’s Momentum Builds, But Reclaiming $60,000 is Crucial, Says Analyst

September 14, 2024

Bitcoin News

Bitcoin continues to show volatility in the market, with bulls slowly gaining momentum, but key resistance levels remain a challenge. $90,000 Is In Play, But This First Renowned crypto analyst Captain Faibik recently shared his bullish outlook for Bitcoin, forecasting that the asset could touch $68,000 by the end of this month if it successfully…

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