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Bitcoin – Page 55 – BitcoTasks BLOG
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Longest Miner Capitulation Since 2022 Signals Potential Bitcoin Rally Ahead

Bitcoin News

Bitcoin (BTC) has recently struggled to regain bullish momentum, remaining in a consolidation phase just above the crucial $60,000 support. Despite reaching an all-time high three months ago, the largest cryptocurrency witnessed a dip to as low as $59,500 on Wednesday due to increased selling pressure from miners. BTC Selling Spree The ongoing miner capitulation,…

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British Mega Bank Standard Chartered Says Bitcoin Will Hit $100,000, Here’s When

Bitcoin

British mega bank Standard Chartered has made a bullish prediction for Bitcoin (BTC), the world’s largest cryptocurrency. The multinational bank has projected that Bitcoin will surge as high as $100,000 from its current price of above $60,000. Bitcoin To Reach $100,000 By US Election Day In a Tuesday note, Standard Chartered’s head of forex and…

British Mega Bank Standard Chartered Says Bitcoin Will Hit $100,000, Here’s When Read More »

Analyst Says Bitcoin Is Hitting Range Bottom, “Right Before The Fireworks”

Bitcoin

Crypto analyst Quinten François has provided an ultra-bullish narrative for the Bitcoin future trajectory. The analyst suggested that things are about to get interesting for the flagship crypto, predicting it could rise to as high as $4.5 million.  The “Fireworks” Are Just About To Begin For Bitcoin While highlighting the significance of Bitcoin’s fourth halving,…

Analyst Says Bitcoin Is Hitting Range Bottom, “Right Before The Fireworks” Read More »

Market Expert Sees Big Things For LDO: $6 Price Increase On The Horizon?

Cryptocurrency Market News

Lido DAO (LDO), the innovative liquid staking solution on the Ethereum network, has been on a wild ride lately. After a stellar run, the past week saw LDO plummet 24%, mirroring the broader cryptocurrency market’s turbulence. However, amidst the dip, a sense of cautious optimism flickers among investors, fueled by potential market shifts and bullish…

Market Expert Sees Big Things For LDO: $6 Price Increase On The Horizon? Read More »

Crypto Analyst Says Next Bitcoin Target Is $78,700 If BTC Breaks This Resistance

Bitcoin News

An analyst explained that the next target for Bitcoin could be $78,700 if BTC could cross this resistance level of an on-chain pricing model. Bitcoin MVRV Extreme Deviation Pricing Bands Put Resistance At $65,800 In a new Market Value to Realized Value (MVRV) ratio. The MVRV ratio is a popular indicator that, in short, keeps…

Crypto Analyst Says Next Bitcoin Target Is $78,700 If BTC Breaks This Resistance Read More »

Fundstrat’s Head Of Research Says Bitcoin Will Reach $150,000, Here’s When

Bitcoin

Fundstrat’s head of research, Tom Lee has doubled down on his initial Bitcoin prediction, strongly emphasizing that the pioneer cryptocurrency will surge to $150,000. The Wall Street strategist highlighted Bitcoin’s strong bullish outlook, believing that the cryptocurrency will eventually pull out of bearish trends soon. Bitcoin To Hit $150,000 In 2024 In a recent Bitcoin’s…

Fundstrat’s Head Of Research Says Bitcoin Will Reach $150,000, Here’s When Read More »

Bitcoin Price Takes a Step Back: Analyzing The Recent Correction

Btc

Bitcoin price failed to continue higher above the $63,650 resistance zone. BTC is now correcting gains and might revisit the $60,850 support. Bitcoin started a downside correction from the $63,650 resistance zone. The price is trading below $62,500 and the 100 hourly Simple moving average. There is a connecting bearish trend line forming with resistance…

Bitcoin Price Takes a Step Back: Analyzing The Recent Correction Read More »

Buckle Up: Here Is Why Bitcoin Might Just Be Gearing Up For a 200% Surge

Bitcoin News

Amid the current Bitcoin market performance suggesting signs of a rebound, prominent crypto analyst Wise Advice has highlighted a critical indicator in Bitcoin’s trading pattern. Bollinger Bands Signal 200% Bitcoin Surge According to the analyst, the Bitcoin weekly Bollinger Band, a statistical chart characterizing the prices and volatility over time, has shrunk to its second-lowest width…

Buckle Up: Here Is Why Bitcoin Might Just Be Gearing Up For a 200% Surge Read More »

Bullish Reversal For Bitcoin? Retail Investors Flood Back As New Addresses Reach 4-Month Peak

Bitcoin News

Recently, the price of Bitcoin (BTC) has entered a consolidation phase, fluctuating between $61,000 and $62,000 after a brief drop to $58,000 on June 24. While retail investors have shown renewed interest alongside institutional counterparts, the market faces a mix of bullish signs and potential headwinds. Retail Investors Return To Bitcoin  In a recent social…

Bullish Reversal For Bitcoin? Retail Investors Flood Back As New Addresses Reach 4-Month Peak Read More »

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