BTCUSDT – Page 21 – BitcoTasks BLOG

Bitcoin Crash: Analyst Says A Break Above This Level Will Trigger FOMO

August 5, 2024

A popular Bitcoin analyst has suggested a key breakout point for Bitcoin amidst a bearish market price action. While Bitcoin’s price has been experiencing a downward trend, dynamics and movements over the past few months have established several significant price levels. These levels might offer traders valuable insights into Bitcoin’s potential future actions. The $65,000…

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Bitcoin RSI Goes Bearish For The First Time Since August 2023, Will It Crash Below $40,000?

August 5, 2024

Bitcoin

The Relative Strength Index (RSI) is an important indicator for any cryptocurrency, and Bitcoin is no different. Given that the pioneer cryptocurrency has been around the longest, the abundance of data makes it possible to use this indicator in an attempt to pinpoint where the price might be headed next. This time around, the indicator…

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Bitcoin Loses Crucial Support, Poised For Return To $54,000 – Analyst

August 4, 2024

Bitcoin

The price of Bitcoin has maintained a consistent decline over the past week following several economic and market developments. According to data from CoinMarketCap, the premier cryptocurrency currently hovers around the $60,000 price zone, having lost over 11.17% of its market value in the last seven days. As many crypto enthusiasts may hope Bitcoin finds…

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Bitcoin Triple Threat: Analyst Identifies Three Signals For BTC Price Rebound

August 4, 2024

Bitcoin

A popular crypto analyst on the X platform has sounded the buy alarm for Bitcoin after the premier cryptocurrency fell to the $60,000 level this weekend. Can Bitcoin Price Make A Return To $67,000? In a recent post on X, popular crypto pundit Ali Martinez shared an exciting analysis of the price of BTC over…

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Wondering When To Buy Bitcoin? Here Are The Levels To Watch

August 4, 2024

Bitcoin

Due to market volatility and Bitcoin (BTC) price fluctuations, identifying the best times to buy the pioneer cryptocurrency can be challenging. Taking this into consideration, a crypto analyst has pinpointed key price levels for investors to monitor for potential buying opportunities. Buy Levels To Watch For The Bitcoin Price A crypto analyst identified as ‘Stockmoney…

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Bitcoin Hashrate Nears Record Levels Amidst Price Decline – Details

August 3, 2024

Bitcoin

According to data from CoinMarketCap, the price of Bitcoin (BTC) has taken a nosedive this week falling by 9.03% to trade below the $62,000 price mark. This negative price action brings the asset’s net gain over the last month to a mere 0.20%, indicating a period equally influenced by both buyers and sellers. As Bitcoin now…

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Trump Floats Bitcoin Payments As Solution To $35 Trillion US Debt Crisis

August 3, 2024

Bitcoin News

In a recent interview with Fox News, former President Donald Trump voiced support for using Bitcoin as a tool to help pay down the United States’ $35 trillion national debt as he positions himself for a potential 2024 presidential re-election, while also signaling a notable shift in the Republican party’s stance on digital assets. Trump’s…

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Will August Again Be A Drag For Bitcoin? Here’s What Historical Data Says

August 3, 2024

Bitcoin News

In the Bitcoin and the overall crypto market, August has long been observed as a quieter month, with historical data showing a consistent downturn in both activity and asset value during this time of the year. Coinbase’s decrease in the market’s dynamism that characterizes the month. An Impending Major Dip For Bitcoin In August? The…

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Morgan Stanley Authorizes Advisors To Offer Bitcoin ETF Products, Report

August 3, 2024

Bitcoin News

Morgan Stanley, one of the largest investment banks in the United States, has announced that it will soon allow its 15,000 financial advisors to offer Bitcoin ETF (exchange-traded fund) products to eligible clients. Interestingly, this is the first time a major Wall Street bank has given its wealth management division the green light to promote…

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Could Bitcoin Outshine Gold? Trading Guru Weighs In On The Historic Financial Duel

August 3, 2024

Bitcoin News

In the digital asset world, the only valid rival for Bitcoin asides Ethereum is often regarded as Gold. So far, many analysts and experts have continued to make comparisons between these two assets especially to see what price Bitcoin could trade at if it had the same market cap as Gold. Speaking on a similar…

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Crypto Analyst Warns That Bitcoin Could Crash To $42,000 If This Happens

August 3, 2024

Bitcoin

In a recent price analysis, a crypto analyst has highlighted a crucial support level for Bitcoin (BTC), emphasizing the possibility for the pioneer cryptocurrency to plummet significantly to new lows if it fails to maintain certain key levels. Bitcoin Risks Crash To $42,000 On August 1, the pseudonymous crypto analyst DonAlt price analysis and future…

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