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Bitcoin – Page 47 – BitcoTasks BLOG
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Bullish Bitcoin Indicator Which Led To A Reversal Has Returned, Is $70,000 Possible?

Bitcoin

Jamie Coutts, the chief crypto analyst at Real Vision, has highlighted an indicator that paints a bullish picture for Bitcoin (BTC). Based on this indicator, the crypto analyst suggested that a reversal might already be on the horizon for the flagship crypto.  Bitcoin Hashrate Decline Is Slowing Coutts mentioned in an X (formerly Twitter) post…

Bullish Bitcoin Indicator Which Led To A Reversal Has Returned, Is $70,000 Possible? Read More »

Is Altcoin Season Around the Corner? Bitcoin Halving Points to Potential Boom, Analyst Reveals

Bitcoin News

Although Bitcoin recent price plunge has sent several Altcoins on a free fall, with declines ranging from 30% to 70%, there appears to be a beacon of hope set to shine through the murk. The recent Bitcoin Halving in April is what the altcoin market needs to recover and surge beyond its highest levels. Bitcoin…

Is Altcoin Season Around the Corner? Bitcoin Halving Points to Potential Boom, Analyst Reveals Read More »

Total Depletion Of German Bitcoin Reserves: Wallet Left With Zero BTC

Bitcoin News

In what is being hailed as a significant victory for the Bitcoin market, the German government has officially depleted its Bitcoin reserves after holding 50,000 BTC in its wallet just months ago. Bitcoin Wallet Now Empty After Massive Selling Spree Data from market intelligence firm Arkham shows that the German government recently transferred the remainder…

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Bitcoin Price Trajectory Remains Bearish, $49,000 Liquidity Zone Looms As Next Downside Target

Bitcoin News

The Bitcoin price has recently shown signs of recovery, climbing back to the $58,000 level after hitting a five-month low of $53,500. However, technical analysis suggests that the digital asset may struggle to surpass crucial indicators, potentially revisiting lower price levels.  In a recent post on social media platform X (formerly Twitter), market expert Jackis…

Bitcoin Price Trajectory Remains Bearish, $49,000 Liquidity Zone Looms As Next Downside Target Read More »

Institutions Grab Over $5 Billion Bitcoin in a Week: Are They Predicting a Mega Rally?

Bitcoin News

A recent analysis from CryptoQuant has revealed that institutional investors have shown a notable level of activity in the Bitcoin market, snapping up a substantial 100,000 BTC over just one week. Particularly, in the past month, these entities with wallets holding 1,000 to 10,000 BTC  have shown massive inflow levels that effectively match what was…

Institutions Grab Over $5 Billion Bitcoin in a Week: Are They Predicting a Mega Rally? Read More »

Crypto Analyst Predicts Bitcoin Decline From Here, But What Happens Next?

Bitcoin

The Bitcoin price has crashed back toward the $56,000 level after a brief pump triggered by the CPI data release on Thursday, showing that inflation rates came out at 3%, lower than expected. This bearish trend has continued despite desperate attempts from bulls to keep the price up. Even then, one crypto analyst does not…

Crypto Analyst Predicts Bitcoin Decline From Here, But What Happens Next? Read More »

Is Ethereum (ETH) About To Retest $4,000? Analyst Foresees 3x Rally

Cryptocurrency Market News

Amid the market slowdown, crypto analysts believe Ethereum (ETH) might be ready to retest key resistance levels again. Meanwhile, investors are expectant about the second-largest cryptocurrency performance as the final approval of spot ETH ETFs (exchange-traded funds) approaches. Is Ethereum ETFs Approval Already Priced In? The upcoming approval of spot Ethereum ETFs has crypto investors…

Is Ethereum (ETH) About To Retest $4,000? Analyst Foresees 3x Rally Read More »

Bitcoin Recovery Stalls As HODLers Apply Selling Pressure

Bitcoin News

On-chain data shows that Bitcoin long-term holders have potentially been selling recently, something that may explain BTC’s continued bearish momentum. Bitcoin Exchange Inflow CDD Has Registered Huge Spikes Recently As an analyst in a CryptoQuant Quicktake post explained, old cryptocurrency tokens have recently been deposited in large quantities in centralized exchanges. The on-chain metric of…

Bitcoin Recovery Stalls As HODLers Apply Selling Pressure Read More »

Is $73,000 The Top For Bitcoin? Analyst Identifies Where BTC Is In This Cycle

Bitcoin

In March, Bitcoin hit an all-time high above $73,000, sparking debates amongst market watchers and analysts about whether the cryptocurrency  has hit its top this cycle. However, a crypto analyst has provided an in-depth analysis of Bitcoin’s recent price movements and future outlook, suggesting that the pioneer cryptocurrency still has substantial upside momentum ahead.  Analyst…

Is $73,000 The Top For Bitcoin? Analyst Identifies Where BTC Is In This Cycle Read More »

Litecoin Is A Hub Of Whales: Over $2.85 Billion Of $100,000 Transactions Processed

Litecoin

Litecoin has been under intense selling pressure in the past few months. After peaking in April, the coin has been trending lower, looking at the arrangement in the daily chart. There is strength at spot rates. So far, LTC is up 20% from July lows and continues to peel back losses. The expansion in price…

Litecoin Is A Hub Of Whales: Over $2.85 Billion Of $100,000 Transactions Processed Read More »

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