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Bitcoin – Page 70 – BitcoTasks BLOG
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Major Bitcoin Metric Breaks 3-Month Downtrend Amid Bullish Network Recovery

Bitcoin

The Bitcoin on-chain metrics continue to show bullish signs that a parabolic breakout is imminent for the flagship crypto. The latest of these metrics is a significant turnaround in Bitcoin’s network activity, which could further provide bullish momentum for the crypto token.  Bitcoin Sees Surge In Network Activity  Crypto analyst Ali Martinez revealed in an…

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Ready To Strike? Bitcoin Poised For A Big Move After Major Consolidation

Cryptocurrency Market News

Bitcoin (BTC) seems poised for a major breakout, if prominent analysts are to be believed. The world’s most popular cryptocurrency has been stuck in a consolidation phase for a record-breaking 87 days, but experts say this slumbering giant might be about to awaken with a vengeance. Charting A Course For Breakout Faibik, a well-known crypto…

Ready To Strike? Bitcoin Poised For A Big Move After Major Consolidation Read More »

Buy Or Sell Bitcoin Now? Analyst Reveals Ultimate Bias Guide

Bitcoin

In an analysis released to his 280,000 followers on X, the renowned crypto analyst known as Cold Blooded Shiller (@ColdBloodShill) provided an in-depth look at the current state of Bitcoin amidst a volatile market environment. His commentary, titled “Ultimate BTC Simple Bias Guide,” unpacks the recent emotional reactions triggered by Bitcoin’s price movements and offers…

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Bitcoin Buoyed By Big Money: Whales Gobble More BTC, Signaling Bullish Outlook

Bitcoin

Bitcoin (BTC) finds itself in a curious position, caught in a tug-of-war between the bullish conviction of whales (large investors) and the jittery hands of short-term holders. The world’s top cryptocurrency recently surged to within a hair’s breadth of its all-time high, fueled by a buying spree from whales. However, lurking beneath the surface are…

Bitcoin Buoyed By Big Money: Whales Gobble More BTC, Signaling Bullish Outlook Read More »

Is A Bitcoin Crash Below $50,000 Still Possible? Crypto Analyst Shares The Possibilities

Bitcoin

The Bitcoin price has stalled after hitting the $71,000 level, floating in what is essentially a limbo of indecisiveness. Naturally, periods like these act as a predecessor to a massive move, but what direction the price might be headed in is another thing entirely. In an effort to pinpoint where Bitcoin is going, crypto analyst…

Is A Bitcoin Crash Below $50,000 Still Possible? Crypto Analyst Shares The Possibilities Read More »

Bitcoin & Ethereum On “Path To Acceleration,” CryptoQuant Explains Why

Bitcoin News

The on-chain analytics firm CryptoQuant has explained why Bitcoin and Ethereum have recently appeared to be on a path towards acceleration. Bitcoin & Ethereum Are Looking Bullish In On-Chain Metrics In a new thread on X, the official CryptoQuant handle discussed how some important on-chain indicators are looking for Bitcoin and Ethereum right now. The…

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Bitcoin’s Stubborn Stand Below $100K: What’s Holding It Back?

Bitcoin

Bitcoin continues to be the market leader. However, despite significant developments, such as the introduction of spot Bitcoin Exchange-Traded Funds (ETFs), the anticipated price surge to $100,000 remains ‘unrealized.’ Charles Edwards, founder of Capriole Investments, commented on this and took to Elon Musk’s social media platform X to explain the hurdles preventing Bitcoin from achieving…

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Bitcoin Investors Beware: Extreme Greed Has Returned In Crypto

Bitcoin News

Data shows that cryptocurrency investors’ sentiment has surged to extreme greed recently, a sign that may not be ideal for Bitcoin. Bitcoin Fear & Greed Index Is In The Extreme Greed Territory Right Now The “Fear & Greed Index” is an indicator created by Alternative that keeps track of the average sentiment present among the…

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Bitcoin On The Verge As Global Liquidity Nears New $100 Million ATH

Bitcoin

Philip Swift, the founder of the on-chain analytics platform LookIntoBitcoin, recently highlighted the significant increase in global liquidity, which just hit a new all-time high (ATH). Swift suggested this was a crucial indicator of how Bitcoin can rise in this bull run.  The Most Important Indicator For Bitcoin Swift claimed that the global liquidity was…

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Bitcoin ETFs Witness 18 Straight Days Of Inflows, Options Traders Eye $100,000

Bitcoin News

US spot Bitcoin ETFs have experienced a noteworthy streak of net inflows for 18 consecutive days, contributing to the upward momentum of the leading cryptocurrency as it inches closer to its all-time high levels set in March.  According to Bloomberg data, these ETFs, managed by some of the world’s largest financial institutions, have attracted net…

Bitcoin ETFs Witness 18 Straight Days Of Inflows, Options Traders Eye $100,000 Read More »

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