btcusd – Page 57 – BitcoTasks BLOG

Bitcoin To $455,000: Expert Echoes Previous Halving Pattern

April 18, 2024

In the ever-evolving world of cryptocurrency, Marcel Knobloch also known as Collin Brown, a crypto expert has offered an audacious prediction for Bitcoin, foreseeing a significant rally to unprecedented heights post-BTC Halving event scheduled to take happen this month. Bitcoin Poised For Massive Growth Post-Halving According to Collin Brown, the fourth mining reward Halving for…

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Here’s The Bitcoin Whale Who Dumped $1 Billion In BTC On Binance

April 18, 2024

Bitcoin

Bitcoin has seen its price suffer from the tremendous selling pressure that has filled the market over the last few weeks. However, as investors hope for relief, it seems that the sellers are far from done, with one notable Bitcoin sell transaction in particular sending the market into a frenzy. Whale Dumps $1 Billion Worth…

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No Fed Rate Cuts? No Worries For Bitcoin, Says Research Firm

April 18, 2024

Bitcoin

As the US economy grapples with rising inflation expectations and scaled-back forecasts for Federal Reserve rate cuts, the Bitcoin market remains buoyant, according to a detailed analysis by Reflexivity Research. With the US CPI headline inflation projected to accelerate to 4.8% by the November 2024 elections, according to Bank of America, conditions are seemingly unfavorable…

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Bitcoin Price At Make-Or-Break Moment, Key Levels To Watch

April 18, 2024

Btc

Bitcoin price is still struggling below the $65,000 resistance zone. BTC must stay above the $60,000 support zone to avoid a major decline. Bitcoin is still struggling to gain pace for a move above the $65,000 resistance zone. The price is trading below $63,000 and the 100 hourly Simple moving average. There is a key…

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Pre-Halving Jitters: Bitcoin Price Briefly Slips Below $60,000

April 18, 2024

Bitcoin News

The Bitcoin price has recently experienced heightened volatility, causing the largest cryptocurrency in the market to briefly drop below the significant threshold of $60,000 for the first time since March 5. This price decrease comes just days before the highly anticipated Halving event scheduled for Friday. This event has traditionally been viewed as a positive…

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Historical Trends Show What To Expect For Bitcoin Price Following The Halving

April 17, 2024

Bitcoin

The 2024 Bitcoin halving is only two days away, and there are already varying expectations of what might happen to the BTC price once the event is completed. One way to get an idea of how it could play out for the Bitcoin price, though, is through historical data and how the cryptocurrency has performed…

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Crypto Exchanges Bitcoin Supply Can Only Last For 9 Months, ByBit Report

April 17, 2024

Bitcoin

Cryptocurrency exchange and trading platform, upcoming Bitcoin halving event on the supply dynamics of Bitcoin within exchanges in the crypto space. The crypto firm has provided valuable insights on how the halving event would enhance scarcity and considerably influence the price of BTC. Exchanges Set To Face Bitcoin Supply Crunch On Tuesday, April 16, Bybit…

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Bitcoin Could Hit $86,000 If This Key Level Is Surpassed: Analyst

April 17, 2024

Bitcoin

In a compelling forecast for Bitcoin, Ali Martinez, a well-known cryptocurrency expert and trader, has pointed out a possible development that could propel the crypto asset’s price to the $86,000 threshold in the foreseeable future. Bitcoin Movement Determined By Key Levels The analyst’s positive perspective highlights the possibility of a large upward shift in the…

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Bitcoin Displays Bullish Adam And Eve Double Bottom: What It Means

April 17, 2024

Bitcoin

In his latest technical analysis, Christopher Inks, a recognized figure in the field of crypto analysis, points to the possible formation of a bullish Adam and Eve double bottom pattern for Bitcoin. This formation is spotted on the BTC/USD 1-hour chart and has significant implications for the cryptocurrency’s short-term price action. The chart depicts Bitcoin’s…

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Cardano’s Dark Hour: Panic Grips Investors As ADA Loses 22% Of Its Value

April 17, 2024

Cryptocurrency Market News

As the cryptocurrency market experiences heightened volatility, one digital asset, in particular, finds itself under the microscope: Cardano (ADA). At the time of writing, ADA was trading at $0.45, down 1.8% and 21.9% in daily and weekly timeframes, data from Coingecko shows. With prices fluctuating and investors on edge, analysts are closely scrutinizing ADA’s movements…

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Bitcoin Price Consolidates Below Hurdles, Can BTC Bounce Back?

April 17, 2024

Btc

Bitcoin price is consolidating below the $65,000 resistance zone. BTC must surpass $65,000 and $67,000 to move into a bullish zone again. Bitcoin is struggling to gain pace for a move above the $65,000 resistance zone. The price is trading below $65,000 and the 100 hourly Simple moving average. There was a break above a…

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