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Bitcoin – Page 64 – BitcoTasks BLOG
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Bitcoin Price Could Attempt to Recover Lost Ground But Faces Many Hurdles

Btc

Bitcoin price is consolidating above the $64,000 level. BTC could try to follow Ethereum and recover if it manages to clear the $65,650 resistance zone. Bitcoin started a minor recovery wave above the $65,000 level. The price is trading below $65,500 and the 100 hourly Simple moving average. There is a short-term contracting triangle forming…

Bitcoin Price Could Attempt to Recover Lost Ground But Faces Many Hurdles Read More »

Bitcoin And Solana Brace For Quiet Q3: What Crypto Traders Should Know

Bitcoin News

As summer unfolds, the cryptocurrency market is showing little upward momentum. Particularly, crypto analyst Ansem has recently projected a steady course for Bitcoin (BTC) and Solana (SOL) in the coming months. This forecast is grounded in a detailed analysis shared on Elon Musk’s social platform X, where Ansem highlighted potential trends and key scenarios that could…

Bitcoin And Solana Brace For Quiet Q3: What Crypto Traders Should Know Read More »

Bitcoin Market Alert: German Government Agency Sends $425M Worth Of BTC To Exchanges

Bitcoin News

Bitcoin (BTC) recently plunged to a one-month low of $64,000, causing concern among bullish investors who now fear impending selling pressure and a potential retest of lower support levels.  Adding to these concerns, it has come to light that a wallet belonging to the German police has moved $425 million worth of BTC to cryptocurrency…

Bitcoin Market Alert: German Government Agency Sends $425M Worth Of BTC To Exchanges Read More »

Whales Dump Over $1 Billion In Bitcoin: Fire Sale Or Foreshadowing?

Cryptocurrency Market News

Bitcoin seems to be hitting an air pocket. Over the past two weeks, whales have been shedding their digital assets in large amounts. This exodus, totaling over $1.2 billion according to CryptoQuant, has been a cause for concern for many landlocked investor. Where The Whales Go, The Market May Follow The reasons for this sudden…

Whales Dump Over $1 Billion In Bitcoin: Fire Sale Or Foreshadowing? Read More »

Ikigai Founder Explains Why Bitcoin And Crypto Are ‘On The Verge Of Cannibalism’

Bitcoin

Travis Kling, Founder and Chief Investment Officer of Ikigai Asset Management, shared his insights on the current state of Bitcoin and the broader cryptocurrency ecosystem, which he described as following: “Bitcoin is ~10% off of ATHs and the timeline appears to be on the verge of cannibalism.” In a series of detailed posts on X,…

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Bitcoin Takes Control In Market Meltdown, Dominance Climbs To 9-Week Peak

Bitcoin

The cryptocurrency market is currently experiencing significant turbulence, prompting a shift in investor behavior towards Bitcoin, which has traditionally been seen as the safest asset within the digital currency ecosystem. This shift has resulted in Bitcoin’s dominance climbing to a nine-week high of 57%. Amidst the market chaos, Bitcoin has emerged as a beacon of…

Bitcoin Takes Control In Market Meltdown, Dominance Climbs To 9-Week Peak Read More »

Bitcoin Battles $64,515 Support Level, Can It Hold or Will Bears Prevail?

Bitcoin

Bitcoin current position at the $64,515 support level has sparked significant interest among traders and analysts. This key threshold is seen as a critical juncture that could dictate the cryptocurrency’s near-term trajectory. On the one hand, bullish proponents argue that robust fundamentals and renewed investor interest could propel Bitcoin higher. On the other hand, bearish sentiment driven…

Bitcoin Battles $64,515 Support Level, Can It Hold or Will Bears Prevail? Read More »

Altcoin Massacre? Prices Plummet 40-90%, Recovery Stalled — Analyst

Cryptocurrency Market News

The once-sizzling altcoin market is facing a harsh reality check. Prices have plummeted a staggering 40-90% in recent months, mirroring past crashes but with a glacial pace that’s leaving investors numb. Renowned crypto analyst Daan Crypto sees this as a necessary correction, albeit a slow and potentially painful one. Echoes Of Crashes Past, But With…

Altcoin Massacre? Prices Plummet 40-90%, Recovery Stalled — Analyst Read More »

Bitcoin Month-Long Rally Comes To An End: Price Plunges Below $65,000 – What’s Next For BTC?

Bitcoin News

Bitcoin (BTC), the largest cryptocurrency by market capitalization, experienced a significant decline on Tuesday, echoing the broader downtrend in the cryptocurrency market. Fueled by worries about the global economy and reduced summer liquidity, Bitcoin dropped below the $65,000 mark for the first time since May 16.  Notably, Ethereum (ETH) also faced a 4% loss, trading…

Bitcoin Month-Long Rally Comes To An End: Price Plunges Below $65,000 – What’s Next For BTC? Read More »

Hard To Be “Too Scared Of Bitcoin Price Action,” Says Analyst. Here’s Why

Bitcoin News

Bitcoin has been having a bad time recently, but this analyst isn’t too worried about it, based on the recent trend in an on-chain indicator. Bitcoin Unrealized Loss Has Been At Low Levels Recently In a new post on X, on-chain analyst Checkmate talked about how the latest price action of the cryptocurrency isn’t too…

Hard To Be “Too Scared Of Bitcoin Price Action,” Says Analyst. Here’s Why Read More »

Bitcoin Price Remains at Risk Despite Recent Moves, Indicators Turn Bearish

Btc

Bitcoin price extended its losses and traded below the $64,500 level. BTC is correcting losses, but the bears are still in control and aim for more losses. Bitcoin remained in a bearish zone and traded below $64,500. The price is trading below $65,500 and the 100 hourly Simple moving average. There is a connecting trend…

Bitcoin Price Remains at Risk Despite Recent Moves, Indicators Turn Bearish Read More »

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