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Bitcoin – Page 37 – BitcoTasks BLOG
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Bitcoin Eyes $63,000: Key Indicators Signal Further Decline – Time To Sell?

Btc

Bitcoin (BTC) is currently experiencing increasing bearish pressure, with technical indicators suggesting a potential decline toward the $63,316 mark. This price drop is driven by factors such as weakening momentum and decreasing trading volume. As Bitcoin targets the $63,316 mark, Investors and analysts are closely monitoring this development, as it may indicate further declines and…

Bitcoin Eyes $63,000: Key Indicators Signal Further Decline – Time To Sell? Read More »

Bitcoin ‘Back On Radar’ To Hit $80,000, Then New ATH, Analyst Says

Cryptocurrency Market News

The most often used cryptocurrency worldwide, Bitcoin, has had an impressive price rise over the past few weeks, considerably raising trader confidence. The bigger cryptocurrency market still exhibits volatility even with Bitcoin’s recent rallies. Thanks to Ethereum ETFs, which have created conditions perfect for significant price movements, the market is today far more liquid. As…

Bitcoin ‘Back On Radar’ To Hit $80,000, Then New ATH, Analyst Says Read More »

Bitcoin Open Interest Taps New $39.5 Billion ATH, What’s Next For Price?

Bitcoin

The Bitcoin open interest is a good indicator of how investors are viewing the cryptocurrency and what bets they’re making. This is why the metric hitting a new all-time high is a big deal, carrying serious implications for the market. Once again, the Bitcoin open interest has set a new record and this could spell…

Bitcoin Open Interest Taps New $39.5 Billion ATH, What’s Next For Price? Read More »

Optimism Drops 12%: Should Investors Still Be Optimistic? These Metrics Say Yes

Cryptocurrency Market News

Optimism has been seeing bearish action since the start of this month. But this week, it has been much worse for investors and traders. According to Coingecko, the token is down more than 12% since last week.  With a market correction underway, more pain can come to all portfolios carrying OP. However, there are several…

Optimism Drops 12%: Should Investors Still Be Optimistic? These Metrics Say Yes Read More »

Minimal Bitcoin On-Chain Resistance Ahead: Price Set For New ATH?

Bitcoin News

On-chain data suggests minimal resistance for Bitcoin, which could facilitate a rally toward a new all-time high (ATH). Almost All Bitcoin Investors Are Back In The Green With Latest Recovery According to data from the market intelligence platform on-chain analysis, the strength of support and resistance levels is based on the number of investors who…

Minimal Bitcoin On-Chain Resistance Ahead: Price Set For New ATH? Read More »

Bitcoin Price Pulls Back: Will Bulls Conquer the Selling Pressure?

Btc

Bitcoin price started a downside correction from the $70,000 resistance. BTC is now correcting gains and might extend losses if it trades below $66,000. Bitcoin struggled near $70,000 and started a downside correction. The price is trading below $68,500 and the 100 hourly Simple moving average. There was a break below a key bullish trend…

Bitcoin Price Pulls Back: Will Bulls Conquer the Selling Pressure? Read More »

Dogecoin Ready For $0.3? Analysts Bullish On DOGE Price Breakout Attempt

Cryptocurrency Market News

Over the weekend, Dogecoin (DOGE) soared 11% after the general market performance. The price surge led the dog-themed token to retest key resistance levels, which fueled a bullish prediction by crypto analysts. Investors also shared a positive sentiment following Elon Musk’s recent comments regarding cryptocurrencies and the largest memecoin by market capitalization. Dogecoin Attempts To…

Dogecoin Ready For $0.3? Analysts Bullish On DOGE Price Breakout Attempt Read More »

Bitcoin Analyst Predicts Super Cycle With A Target Of $220,000, But This Must Happen First

Bitcoin News

Following the highly anticipated 2024 Bitcoin Conference in Nashville, Tennessee, over the weekend, a notable spike in positive market sentiment drove the Bitcoin price to a one-month high of $70,000 on Monday.  Analysts are now eyeing the potential for an extended super-cycle, with market expert Doctor Profit suggesting that the recent rally could begin a…

Bitcoin Analyst Predicts Super Cycle With A Target Of $220,000, But This Must Happen First Read More »

Bitcoin, Ethereum, And Solana On Traders’ Radar: What’s Going On?

Altcoin

After a drab week characterized by Bitcoin, Ethereum, and Solana prices either dumping or moving sideways, prices bounced off strongly by the end of last week. Of note, losses in Ethereum were arrested as prices recovered, rising from around $3,000. At the same time, Bitcoin and Solana pushed higher, closing in on $70,000 and $200,…

Bitcoin, Ethereum, And Solana On Traders’ Radar: What’s Going On? Read More »

Bitcoin Cash (BCH) Leads Altcoin Market With Solid 16% Gain – Here’s Why

Cryptocurrency Market News

Altcoins offer investors and traders an alternative to big cryptocurrencies within the market. Since the start of this week, these major cryptocurrencies like Bitcoin and Ethereum have continued to rocket upwards, pulling the majority of the market with them. Bitcoin Cash, a direct fork of Bitcoin, is seeing success after today’s 3% increase in total…

Bitcoin Cash (BCH) Leads Altcoin Market With Solid 16% Gain – Here’s Why Read More »

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