Crypto Analyst Forecasts Bitcoin’s Cycle Peak with Potential $200,000 Price Target
Egrag Crypto, a prominent voice in the cryptocurrency space, recently advised against shorting Bitcoin (BTC), noting that attempts to bet
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.
Egrag Crypto, a prominent voice in the cryptocurrency space, recently advised against shorting Bitcoin (BTC), noting that attempts to bet
The cryptocurrency market has witnessed a historic breakthrough as TOTAL3 Market Cap that shows the total market capitalization of the
Bitcoin Cash (BCH) is causing a stir in the crypto market, with its price skyrocketing and causing ripples throughout the
Bitcoin (BTC) is currently on the cusp of a significant market movement with a resistance level at $64k. CryptoBusy, a
Bitcoin has recently exhibited a trend that could signal significant changes on the horizon. As per MikybullCrypto, an analyst, over
Bitcoin whales are making significant moves in the crypto market, prompting caution among investors. According to data from Santiment, a
The Bitcoin market is buzzing again as traders closely monitor the recent signals flashing on the Technical Analysis charts. As
Bitcoin’s trade volume soared to an astonishing $34 billion yesterday, marking its highest level since the FTX collapse. This surge
Bitcoin’s value soared to a $64,000 peak today, marking a significant milestone in the cryptocurrency’s history. As highlighted by Santiment,
Bitcoin (BTC) traders are closely monitoring the market as indicators suggest a potential price correction amidst a surge in trading
Bitcoin continues its upward trajectory, breaking the $57,000 mark and instilling confidence in the cryptocurrency market. As highlighted by CryptoRank,
Washigorira, an analyst, has recently speculated about the potential duration of Bitcoin’s bullish cycle, highlighting the current positive momentum in
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