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Bitcoin Price Losing Steam: Market Momentum Slows Amid Trading Hesitation

Btc

Bitcoin price is slowly losing momentum and struggling below $70,000. BTC is now consolidating and facing hurdles near the $69,500 resistance zone. Bitcoin is facing many key hurdles near the $70,000 zone. The price is trading above $69,500 and the 100 hourly Simple moving average. There is a key bearish trend line forming with resistance…

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Bitcoin Price Enters Make Or Break Zone: Analyst Reveals Important Levels To Watch

Bitcoin

The Bitcoin price is now back down to $67,000 after touching above $71,000 earlier in the week. Given the circumstances surrounding the price recovery and subsequent decline, it has led to crypto analysts breaking out the technical indicators to figure out where the price is headed next. One crypto analyst, in particular, has identified that…

Bitcoin Price Enters Make Or Break Zone: Analyst Reveals Important Levels To Watch Read More »

Bitcoin Whales Buy Up $1.4 Billion Worth Of BTC Amid Heightened Volatility

Bitcoin

Bitcoin whales have continued to show their resilience and unwavering bullishness on the flagship crypto. This category of investors has accumulated a significant amount of the crypto token in the last seven days amid heightened volatility in Bitcoin’s price.  Bitcoin Whales Accumulate $1.4 Worth Of BTC Bitcoin’s recent price surge above $70,000.  Furthermore, these whales’…

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Bitcoin Disappoints With Fall To $67,000, But Analyst Says Investors Should Not Be Fazed. Here’s Why

Bitcoin

Bitcoin has dropped from its weekly high of $71,980, recorded on May 21, to as low as $67,000, raising concerns amongst crypto investors. However, crypto analyst Jelle has suggested that there is no need to be worried about the flagship crypto’s price action.  Why Investors Shouldn’t Be Worried About The Bitcoin Price Jelle noted in…

Bitcoin Disappoints With Fall To $67,000, But Analyst Says Investors Should Not Be Fazed. Here’s Why Read More »

Analyst Says “Only A Matter Of Time” Before Bitcoin Flies Past ATH

Bitcoin News

An analyst explained how Bitcoin’s availability for trading has quietly declined during the asset’s recent consolidation phase. Bitcoin May Be In A Good Position To Set New All-Time Highs In a new centralized exchange platforms. The chart below shows how the spot and paper BTC reserves have changed over the past few years. As the…

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Bitcoin Price Dips Again: Market Fluctuation or Start of a Correction?

Btc

Bitcoin price extended losses and traded below $68,800 support. BTC is now consolidating and facing hurdles near the $70,000 resistance zone. Bitcoin extended its decline below the $68,800 support zone. The price is trading below $69,000 and the 100 hourly Simple moving average. There is a key bearish trend line forming with resistance at $69,200…

Bitcoin Price Dips Again: Market Fluctuation or Start of a Correction? Read More »

Analyst Predicts An “Ultra Bull” Scenario For Bitcoin That Could Send Price To $80,000

Bitcoin

A crypto analyst has forecasted an “ultra bull scenario” for Bitcoin, highlighting key support levels and technical patterns that suggest a price rally above $80,000 in this market cycle.  Bitcoin Could See Upside Above $80,000 In a recent X (formerly Twitter) post, a crypto analyst identified as ‘CrediBullCrypto’ has doubled down on his previous prediction…

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Bitcoin Price Drop Below $70,000 Apparently Driven By Lack Of Interest, Glassnode Data Shows

Bitcoin

recently dropped below $70,000. The platform suggested that the flagship isn’t yet seeing enough demand, which could send its price to new highs.  Demand For Bitcoin Is Still Modest In one of its latest market reports, Glassnode mentioned that “the rate at which new capital is flowing into the Bitcoin network has slowed down considerably…

Bitcoin Price Drop Below $70,000 Apparently Driven By Lack Of Interest, Glassnode Data Shows Read More »

Bitcoin Expected To Peak Soon? Analyst Forecasts Timeline, Here’s When

Bitcoin

As the cryptocurrency market continues to witness heightened optimism and confidence from investors, Crypto Con, a popular crypto analyst, and enthusiast has predicted the timeline for Bitcoin to reach its peak in the ongoing bull cycle, based on past BTC runs and their cumulative peaks. Bitcoin Peak To Happen Less Than A Year By analyzing…

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Déjà Vu? Bitcoin Price Eyes Repeat Performance, Could Hit $140,000 By August – Analyst

Cryptocurrency Market News

Recent bitcoin analysis and predictions from leading experts shed light on the potential trajectory of the top crypto asset’s price in the coming months, with a focus on 2024 and beyond. Market Insights And Price Forecasts For Bitcoin As the crypto community eagerly anticipates the future of Bitcoin, a diverse range of price predictions has…

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