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BTCUSDT – Page 35 – BitcoTasks BLOG
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Longest Miner Capitulation Since 2022 Signals Potential Bitcoin Rally Ahead

Bitcoin News

Bitcoin (BTC) has recently struggled to regain bullish momentum, remaining in a consolidation phase just above the crucial $60,000 support. Despite reaching an all-time high three months ago, the largest cryptocurrency witnessed a dip to as low as $59,500 on Wednesday due to increased selling pressure from miners. BTC Selling Spree The ongoing miner capitulation,…

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British Mega Bank Standard Chartered Says Bitcoin Will Hit $100,000, Here’s When

Bitcoin

British mega bank Standard Chartered has made a bullish prediction for Bitcoin (BTC), the world’s largest cryptocurrency. The multinational bank has projected that Bitcoin will surge as high as $100,000 from its current price of above $60,000. Bitcoin To Reach $100,000 By US Election Day In a Tuesday note, Standard Chartered’s head of forex and…

British Mega Bank Standard Chartered Says Bitcoin Will Hit $100,000, Here’s When Read More »

Analyst Says Bitcoin Is Hitting Range Bottom, “Right Before The Fireworks”

Bitcoin

Crypto analyst Quinten François has provided an ultra-bullish narrative for the Bitcoin future trajectory. The analyst suggested that things are about to get interesting for the flagship crypto, predicting it could rise to as high as $4.5 million.  The “Fireworks” Are Just About To Begin For Bitcoin While highlighting the significance of Bitcoin’s fourth halving,…

Analyst Says Bitcoin Is Hitting Range Bottom, “Right Before The Fireworks” Read More »

Fundstrat’s Head Of Research Says Bitcoin Will Reach $150,000, Here’s When

Bitcoin

Fundstrat’s head of research, Tom Lee has doubled down on his initial Bitcoin prediction, strongly emphasizing that the pioneer cryptocurrency will surge to $150,000. The Wall Street strategist highlighted Bitcoin’s strong bullish outlook, believing that the cryptocurrency will eventually pull out of bearish trends soon. Bitcoin To Hit $150,000 In 2024 In a recent Bitcoin’s…

Fundstrat’s Head Of Research Says Bitcoin Will Reach $150,000, Here’s When Read More »

Bitcoin Price Takes a Step Back: Analyzing The Recent Correction

Btc

Bitcoin price failed to continue higher above the $63,650 resistance zone. BTC is now correcting gains and might revisit the $60,850 support. Bitcoin started a downside correction from the $63,650 resistance zone. The price is trading below $62,500 and the 100 hourly Simple moving average. There is a connecting bearish trend line forming with resistance…

Bitcoin Price Takes a Step Back: Analyzing The Recent Correction Read More »

Buckle Up: Here Is Why Bitcoin Might Just Be Gearing Up For a 200% Surge

Bitcoin News

Amid the current Bitcoin market performance suggesting signs of a rebound, prominent crypto analyst Wise Advice has highlighted a critical indicator in Bitcoin’s trading pattern. Bollinger Bands Signal 200% Bitcoin Surge According to the analyst, the Bitcoin weekly Bollinger Band, a statistical chart characterizing the prices and volatility over time, has shrunk to its second-lowest width…

Buckle Up: Here Is Why Bitcoin Might Just Be Gearing Up For a 200% Surge Read More »

Bullish Reversal For Bitcoin? Retail Investors Flood Back As New Addresses Reach 4-Month Peak

Bitcoin News

Recently, the price of Bitcoin (BTC) has entered a consolidation phase, fluctuating between $61,000 and $62,000 after a brief drop to $58,000 on June 24. While retail investors have shown renewed interest alongside institutional counterparts, the market faces a mix of bullish signs and potential headwinds. Retail Investors Return To Bitcoin  In a recent social…

Bullish Reversal For Bitcoin? Retail Investors Flood Back As New Addresses Reach 4-Month Peak Read More »

Bitcoin Miners Slow Down Selling In July, What This Could Mean For Price

Bitcoin

On-chain data shows that selling pressure from Bitcoin miners has recently slowed down. This is significant considering the impact it could have on Bitcoin’s price heading into the third quarter of the year.  Bitcoin Miners’ Selling Pressure Has Significantly Declined Referencing data from the on-chain analytics platform CryptoQuant, crypto analyst Crypto Dan noted that selling…

Bitcoin Miners Slow Down Selling In July, What This Could Mean For Price Read More »

Crypto Analyst Predicts 45% Drop For Bitcoin, But Says It Won’t Go Below This Level

Bitcoin

Bitcoin has been in a notable state of flux recently after recovering from the crash below $60,000 and establishing support above $61,000. However, with the pioneer cryptocurrency failing to completely beat important resistance points such as $63,500, bearish sentiment continues to dominate the market. Amid this, one crypto analyst has predicted that the Bitcoin crash…

Crypto Analyst Predicts 45% Drop For Bitcoin, But Says It Won’t Go Below This Level Read More »

Bitcoin Price Challenge: Can It Break Through and Resume Climbing?

Btc

Bitcoin price recovered and tested the $63,650 resistance zone. BTC is now consolidating gains and might make another attempt to surpass $63,650. Bitcoin started a decent increase above the $62,500 and $63,000 levels. The price is trading above $62,250 and the 100 hourly Simple moving average. There is a connecting bullish trend line forming with…

Bitcoin Price Challenge: Can It Break Through and Resume Climbing? Read More »

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