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Analysts Predict Bitcoin Price Could Crash To $40,000, But There’s Good News

Bitcoin

Despite initial expectations of a steady price increase and a robust bull run this year, Bitcoin (BTC) has suffered severe declines, pushing its price below the $60,000 threshold. Due to the cryptocurrency’s prolonged bearish performance, a crypto analyst has warned that Bitcoin could decline even further, predicting a potential crash below $40,000. However, the analyst…

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Bitcoin Price Prediction: VanEck Envisions $2.9 Million BTC By 2050

Bitcoin News

Amid ongoing volatility for the Bitcoin price, which has struggled to reclaim its all-time high of $73,700, bullish predictions continue to emerge for the leading cryptocurrency. The latest forecast comes from VanEck, asset manager and Bitcoin ETF issuer with over $100 billion in assets under management. Bitcoin Price Projection In a recent update, VanEck projected…

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Bitcoin Decline Not A Cause For Alarm, $100,000 Still In The Cards, Analyst Says

Bitcoin

The Bitcoin recent price volatility, including a crash below $50,000 last month, has significantly slowed down the momentum of the bull run many analysts are anticipating. Despite the price lull, a certain crypto analyst believes that the Bitcoin bull run is still on track, predicting a sharp rise to over $100,000 once current price corrections…

Bitcoin Decline Not A Cause For Alarm, $100,000 Still In The Cards, Analyst Says Read More »

Bitcoin Ends August Down 8%: What To Expect From Historically Bearish September

Bitcoin News

The Bitcoin (BTC) price performance in August resulted in losses of 8.6% for the largest cryptocurrency, exacerbating the bearish sentiment in the market since reaching all-time highs of $73,7000 in March of this year. Since then, BTC has been unable to consolidate above key levels.  However, this may not be the end of the bearish…

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The Curse Of September: Is Another Massive Bitcoin Sell-Off Coming?

Bitcoin

significant drop in price. September To Witness Another Bitcoin Price Drop? A crypto analyst who goes username @thedefivillian on the X (formerly Twitter) platform outlined a possible price crash coming for Bitcoin. The crypto analyst points out that the last two months have seen massive drops in price for the pioneer cryptocurrency and September will…

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Bitcoin Price Under Pressure? Analyst Explains Why Retreat Below $66,000 Is Bad News

Bitcoin

A crypto analyst has pinpointed the $66,000 mark as a crucial level for the Bitcoin price and its trajectory over the coming weeks.  Bitcoin Price Needs To Climb Above $66,000 — Here’s Why Popular crypto pundit Ali Martinez took to the X platform to share an interesting on-chain observation for the price of Bitcoin. This…

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How Will The US Upcoming Fed Rate Cut Impact Bitcoin? QCP Analysts Weigh In

Bitcoin News

As the United States Federal rate cut is fast approaching, analysts at QCP Capital, a global digital asset trading firm and market maker has now shared their prediction on how this development could impact Bitcoin price. According to the analysts, the upcoming U.S. non-farm payroll report and Friday’s GDP data will play crucial roles in…

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Bitcoin ‘Must Do This Now’, Says Crypto Analyst

Bitcoin

In a breakdown of Bitcoin’s current market dynamics, prominent crypto analyst Dan Gambardello, in his latest video titled “Bitcoin Must Do This Now,” addressed his 368,000 followers on YouTube regarding the critical resistance levels Bitcoin is currently testing. Gambardello emphasized the importance of these levels for both short-term price movements and broader market indicators. Why…

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Bullish Bitcoin News? US Federal Reserve Set To Implement Three Rate Cuts This Year

Bitcoin News

As global economic uncertainty looms, Bitcoin (BTC) has experienced increased volatility and is struggling to maintain its footing above critical resistance levels lost over the past month. The largest cryptocurrency on the market remains in a precarious position, but emerging signs could bode well for the BTC price and the broader crypto ecosystem. Fed’s Rate…

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Bitcoin Forecast: Expert Reveals 4 Reasons To Be Bullish On Q4

Bitcoin

In his latest market analysis titled “Sugar High”, BitMEX founder Arthur Hayes lists four reasons to be bullish on Bitcoin and the broader crypto market in the final quarter of 2024. Hayes opens his analysis with a metaphorical comparison of his skiing diet to the fiscal approaches of major central banks. He likens quick energy…

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