Crypto Experts Warn: Bitcoin Correction Imminent After Recent Surge
Bitcoin’s recent surge has captivated the attention of investors worldwide, but amidst the excitement, signs of a looming correction are
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 surge has captivated the attention of investors worldwide, but amidst the excitement, signs of a looming correction are
In a recent discourse by Nic Puckrin, CEO & Co-founder of Coin Bureau, the underlying forces driving Bitcoin’s price were
According to IntoTheBlock, over 662,000 holders of tokenized Bitcoin in DeFi collectively possess 0.82% of the Bitcoin supply. This significant
Bitcoin’s sell-side liquidity has reached historic lows as highlighted by Ki Young Ju, Founder & CEO of CryptoQuant, signaling a
Bitcoin has witnessed significant activity in the past few weeks, drawing attention from investors and analysts. Notably, the third-largest transaction
The fifth richest Bitcoin address recently transferred a staggering $6 billion worth of BTC to a trio of new addresses.
Amidst recent fluctuations in the cryptocurrency market, Bitcoin has shown signs of resilience as key indicators point towards a resurgence
In a riveting update that’s set the cryptocurrency community abuzz, renowned crypto analyst, Sheldon The Sniper, unveiled his latest Bitcoin
Bitcoin traders are closely observing the hourly chart as the TD Sequential indicator flashes a sell signal, hinting at a
Crypto analyst Jelle recently highlighted the current patterns in Bitcoin’s pricing, emphasizing the importance of maintaining strategic discipline. Jelle advises
Bitcoin (BTC), a leading cryptocurrency, has witnessed a significant price increase, reaching new highs above $70,000. Despite this bullish momentum,
As Bitcoin approaches its halving event, the cryptocurrency market appears to be experiencing a period of weekly consolidation, as highlighted
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