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Survival of the Fittest: Here’s How Bitcoin’s Next Rally Hangs on Miner Capitulation

Bitcoin News

Amidst a backdrop of declining Bitcoin prices and economic uncertainty, renowned crypto analyst Willy Woo has potential gains on the horizon after some ‘inevitable’ turbulence. Bitcoin Rally Hangs On Miner Capitulation, How? Bitcoin’s current market behavior is largely influenced by its miners, whose actions can significantly impact its price. According to Willy Woo, the key…

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Bitcoin Analyst Claims BTC Consolidation Will Continue, Hedge Funds Throw In The Towel

Bitcoin

Bitcoin is trending lower at spot rates, sliding away from all-time highs. Looking at the performance in the daily chart, it looks like bears are stepping up, following the general inactivity in an overwhelmingly bearish trend. When writing, the coin is down 10% from March 2024 highs but steady. Will Bitcoin Consolidate For Two More…

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The Half-Million Dollar Bitcoin: Predictions Point To Monumental Price Surge In 18 Months

Bitcoin News

Bitcoin (BTC), the largest cryptocurrency in the market, recently touched the crucial $70,000 level, proving to be a significant hurdle for its price consolidation in recent months.  Despite surpassing its previous high and reaching a record all-time high (ATH) of $73,700 in March, BTC experienced a 20% price correction to around $56,500 at the beginning…

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Why The Bitcoin Halving Is Not Priced In And What’s Next: Expert

Bitcoin

In his latest took place on April 19. Drawing on historical data and patterns, Rekt Capital provided an in-depth analysis of the cyclical nature of Bitcoin’s price movements post-halving, suggesting that substantial growth phases still lie ahead. Why The Bitcoin Halving Is Not Priced In Rekt Capital began by revisiting the historical impact of Bitcoin…

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Bitcoin: Will Prices Easily “Explode” Past $74,000 Or Dump Due To Miner Capitulation?

Bitcoin News

Bitcoin prices have been trending lower in the past couple of weeks and generally remain within a bearish formation. Although momentum appears to be picking up, bulls are not out of the woods just yet. Analysts are not losing hope and remain overly upbeat, expecting a surge that would take the world’s most valuable coin…

Bitcoin: Will Prices Easily “Explode” Past $74,000 Or Dump Due To Miner Capitulation? Read More »

Is The Bitcoin Run Over? Analyst Anticipates Further Upside

Bitcoin

In the midst of recent market turbulence and widespread speculation about the future of Bitcoin, cryptocurrency analyst and trader, Crypto Jelle has offered an optimistic outlook for BTC, affirming that the crypto asset’s bull run is far from over, indicating its potential to rally even further in the upcoming months.  The Strength Of Bitcoin Is…

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Pantera Capital Predicts Bitcoin Price Surge To $117,000: Insight Into The Timing And Factors

Bitcoin News

The Bitcoin price has experienced heightened volatility over the past week. After recovering from a low of $56,500, the largest cryptocurrency in the market surged to $65,500 within four days. However, it has since retraced some of its gains and is currently testing the $61,000 support level.  Despite this volatility and the absence of strong…

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Bitcoin’s Significant Adjustment: Mining Difficulty Hits 18-Month Low – What’s Next For Miners?

Bitcoin News

The Bitcoin mining difficulty has experienced a significant decrease, the largest drop observed in the last 18 months. This change is directly tied to fluctuations in the network’s hash rate, which has dipped below 600 EH/s following the recent halving event. The adjustment, which marks a 5.7% fall in mining difficulty, brings the level down…

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Analyst Narrows Down Timeline For Bitcoin Peak This Bull Cycle

Bitcoin

Rekt Capital a popular cryptocurrency expert has Bitcoin Halving event. Bitcoin Peak On The Horizon Today, May 9, BTC’s price witnessed a drop below the $61,000 price level, demonstrating a potential move on the downside. However, Rekt Capital is unshaken by this move as he believes the more Bitcoin consolidates between current price levels and…

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Crypto Expert Weighs In On ETH/BTC Pair’s Recent Decline

Cryptocurrency Market News

Amid turbulence surrounding the crypto market, popular founder and Chief Executive Officer (CEO) of Into The Cryptoverse Benjamin Cowen has taken the spotlight to shed his insights on the recent downtrend observed in the Ethereum/Bitcoin (ETH/BTC) pair. Cowen’s views examine the complex relationship between Ethereum and Bitcoin pricing and the potential for further downside risk.…

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Bitcoin Local Bottom In? Analyst Offers Insights

Bitcoin

In an ever-evolving world of cryptocurrency markets, deciding the bottom of Bitcoin price correction is an endeavor that attracts interest from both investors and analysts. Joining the fray is cryptocurrency analyst and trader MilkyBull offering insights on the subject, claiming that Bitcoin’s local bottom has developed due to a certain development. Following its weekend recovery…

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