Critical Support Levels Revealed: Is Bitcoin Headed for a Correction?
Bitcoin has once again found itself hovering around the $65,000 mark after a swift rejection from its all-time high, as
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 has once again found itself hovering around the $65,000 mark after a swift rejection from its all-time high, as
A recent X post by Vetle Lunde, a Senior Analyst at K33 Research, offered a fresh take on the surge
In the crypto market, Bitcoin appears to be mirroring its 2020 breakout behavior, as noted by Jelle, a cryptocurrency analyst
The surge in Bitcoin’s price to a staggering $69,000 has been met with genuine interest from institutional investors, driving inflows
Bitcoin’s trading arena witnessed a monumental surge, with trade volumes eclipsing the $46 billion mark, a peak untouched since 2021.
Bitcoin, the crypto heavyweight, witnessed a rollercoaster ride recently, leaving traders on the edge. Crypto analyst CryptoBusy pointed out the
Bitcoin has witnessed a significant price drop from its ATH, prompting a wave of activity in the crypto trading community.
Bitcoin is on the cusp of breaking its all-time high (ATH), heralding a potential surge in its price trajectory. As
Amidst recent Bitcoin surges, bears find themselves in shock and disbelief after their three consecutive bets on a price drop
Bitcoin stands a mere 0.9% away from eclipsing its $68.6K all-time high, currently valued at $68.0K. This development occurs amidst
As Bitcoin surges past the $68,000 mark, many investors speculate whether this rally signifies the beginning of a full-fledged bull
Bitcoin’s recent surge in new investors, marking a 10.62% increase in the last week alone, has set the stage for
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