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BTCUSDT – Page 31 – BitcoTasks BLOG
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Bitcoin Bullish Momentum Above Bearish Trendline: Is $60,152 Mark Within Reach?

Bitcoin

Bitcoin (BTC) after a successful break above its bearish trendline recently has continued to show strong bullish momentum which may mark a significant shift in market sentiment. As the digital asset continues to strive above the bearish trendline, it has stirred up optimism among traders and investors alike as to whether it can sustain its…

Bitcoin Bullish Momentum Above Bearish Trendline: Is $60,152 Mark Within Reach? Read More »

German Government Unloads 80% Of Bitcoin Holdings, Leaving Only $890M Behind

Bitcoin News

In recent weeks, German authorities have stepped up the sale of significant amounts of Bitcoin (BTC), resulting in increased selling pressure on the world’s largest cryptocurrency, which has fallen over 20% in the past month.  Bitcoin Reserves On The Brink Of Exhaustion The selling spree began last month when the German government initiated the sale…

German Government Unloads 80% Of Bitcoin Holdings, Leaving Only $890M Behind Read More »

Bitcoin Forms Double Top Pattern On 4-Hour Chart, Analyst Reveals Targets

Btc

The Bitcoin recovery has not been as impactful as expected, failing to break $60,000 even after a return of bullish momentum. Given this, expectations of a bearish reversal have become the norm as analysts do not believe that the pioneer cryptocurrency has enough steam to sustain the current momentum. One of the analysts who believe…

Bitcoin Forms Double Top Pattern On 4-Hour Chart, Analyst Reveals Targets Read More »

Goldman Sachs Embraces Crypto With Three New Initiatives In The Pipeline

Cryptocurrency Market News

To capitalize on the growing interest in the crypto industry, banking giant Goldman Sachs is preparing to enter the tokenization sector, with three offerings expected to launch later this year.  Goldman Sachs Aims To Capitalize On Tokenization Trend According to a Fortune report, Mathew McDermott, Global Head of Digital Assets at Goldman Sachs, revealed the…

Goldman Sachs Embraces Crypto With Three New Initiatives In The Pipeline Read More »

Drake Loses Bitcoin Bet Following Canada’s Copa America Exit, ARG Fan Token Soars 40%

Cryptocurrency Market News

Canadian rapper Drake lost another Bitcoin bet after Argentina beat Canada 2-0 in the Copa America semifinals. The Argentine Football Association (AFA) fan token soared over 40% following the victory. Bitcoin Bet Lost: Did The ‘Drake Curse’ Do It Again? On Monday, Drake shared on Instagram that he had bet against the Argentina National Football…

Drake Loses Bitcoin Bet Following Canada’s Copa America Exit, ARG Fan Token Soars 40% Read More »

Crypto Analyst Says Bitcoin Could Reach $100,000, But What About Altcoins?

Altcoin

A crypto analyst has predicted that altcoins to embark on a similar bullish trajectory to new highs.   Bitcoin Anticipated To Hit $100,000 In an X (formerly Twitter) post on June 8, a crypto analyst identified as ‘DonAlt,’ disclosed that he was more pessimistic on altcoins than Bitcoin, the world’s largest cryptocurrency. DonAlt believes that Bitcoin…

Crypto Analyst Says Bitcoin Could Reach $100,000, But What About Altcoins? Read More »

Bitcoin Traders Beware: Analyst Warns Of Potential Traps Amid Price Fluctuations

Bitcoin News

In a recent episode of Crypto Banter’s “The Sniper Trading Show,” the analyst dissected Bitcoin, discussing various hurdles and approaches to handle trading through these challenges. With Bitcoin currently teetering around the $57,403 mark, up by 2.4% in the past 24 hours yet still down 21.9% from its March peak, the market sentiment is cautiously…

Bitcoin Traders Beware: Analyst Warns Of Potential Traps Amid Price Fluctuations Read More »

Bitcoin Loses Correlation With US Equities As Supply Challenges Mount

Bitcoin News

In recent months, the correlation between surging US equities and Bitcoin (BTC) has shown signs of collapse, as the cryptocurrency faces a combination of excess supply and weakened demand that has led to an over 20% price drop from June highs above $70,000 for the largest cryptocurrency on the market.  Bitcoin Correlation With Nasdaq 100…

Bitcoin Loses Correlation With US Equities As Supply Challenges Mount Read More »

Bitcoin to the Moon? 300% Growth Predicted By This Latest Crypto Analysis

Bitcoin News

Bitcoin is preparing itself for a substantial bull run in the years ahead. One of the latest price trend models predicts significant gains by late 2025 from an analysis rooted in ‘power law,’ a statistical method that has historically proven to be a solid support band for Bitcoin’s value. Revisiting the theory, an engineer named…

Bitcoin to the Moon? 300% Growth Predicted By This Latest Crypto Analysis Read More »

83% Of All Bitcoin Holders Still In Profit Despite Drop Below $60,000

Bitcoin

Over the weekend, the Bitcoin price dropped below $60,000 amid rapid selling by major holders such as the German and US governments. This led to one of the largest drops seen for the pioneer cryptocurrency in the last two years, costing the market billions of dollars. However, despite this, Bitcoin holders are still seeing major…

83% Of All Bitcoin Holders Still In Profit Despite Drop Below $60,000 Read More »

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