Analyst Warns of 10% Bitcoin Correction Before $100K Surge
Bitcoin’s recent price action has captured the attention of investors worldwide, as the leading cryptocurrency hovers within a consolidation phase.
Bitcoin (BTC) is the pioneer cryptocurrency launched by pseudonymous Satoshi Nakamoto in 2009. While Bitcoin remained an alien in the initial phase without much recognition, it soon emerged as a game changer that revolutionized the financial sector.
Bitcoin introduced the idea of a decentralized payment network that eliminates the need for a third party. Bitcoins are created, distributed, and stored on a decentralized ledger called blockchain. Leveraging the peer-to-peer (p2p) technology eliminates the presence of a central authority such as banks; bitcoin is open-source.
The smallest unit of Bitcoin is named by the inventor’s name- satoshi. Notably, 1 satoshi is 0.00000001 BTC. BTC has a maximum supply of 21 million tokens and the Bitcoin Halving event controls the rate at whch new tokens injected.
Bitcoin is not only known as a pioneer crypto, but it is also praised by many experts for its store of value and is considered a hedge against inflation. Read more on CryptoTale to learn how Bitcoin influences the crypto market and the global economy.
Bitcoin’s recent price action has captured the attention of investors worldwide, as the leading cryptocurrency hovers within a consolidation phase.
Grayscale’s recent sell-off has spotlighted a key Bitcoin metric, shaking expectations as the cryptocurrency world edges closer to its next
Santiment, a behavior analytics firm, has shared insights into the volatile sentiment surrounding Bitcoin and the broader crypto markets via
Renowned analytical platform CryptoQuant has illuminated an intriguing aspect of Bitcoin’s market dynamics. The focus of their examination was on
In an insightful analysis of Bitcoin’s market cycle, data from IntoTheBlock reveals a significant correlation between holder profitability and market
Bitcoin’s journey through market cycles continues to fascinate and intrigue investors worldwide. As per crypto analyst Egrag Crypto, a sense
Bitcoin has stood out with its recent price movements, according to market experts’ analysis. Captain Faibik, a notable figure in
Crypto analyst Michael van de Poppe shared his forecast on Bitcoin’s price trends, emphasizing the ongoing consolidation phase and its
Bitcoin (BTC) outflows from Cathie Wood’s ARK 21Shares exchange-traded fund (ARKB) surpassed those of Grayscale’s Bitcoin Trust (GBTC) for the
Bitcoin is currently the focal point of a nuanced analysis conducted by a crypto market analyst, Crypto Faibik. This analysis
Amid the ongoing market consolidation, Bitcoin’s spot price remains below the newly achieved all-time high (ATH) of $73,000. This phase
Bitcoin, the leading cryptocurrency, is currently navigating a crucial phase following its recent breakout attempt. With a price currently hovering
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