After the sharp decline in Bitcoin, analysts drew attention to this level!

After the sharp decline in Bitcoin, analysts drew attention to this level!   en.bitcoinsistemi.com 06 August 2024 15:20, UTC Bitcoin (BTC) is approaching a technical event known as a “death cross,” a signal that often raises significant concern among investors despite its historically unreliable predictive power. This event occurs when an asset’s 50-day simple moving…

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Will Bitcoin Eat Everything Else? Jurrien Timmer Doesn’t See BTC Priced in Millions of Dollars – Here’s Why

Will Bitcoin Eat Everything Else? Jurrien Timmer Doesn’t See BTC Priced in Millions of Dollars – Here’s Why   dailyhodl.com 06 August 2024 15:45, UTC Fidelity Investments’ global macro director Jurrien Timmer predicts that Bitcoin (BTC) will never reach millions of dollars in value for one key reason. In a new interview with Scott Melker,…

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Bitcoin Faces 'Mid-Cycle Wipeout' as Markets Plunge: Glassnode Report

Bitcoin Faces 'Mid-Cycle Wipeout' as Markets Plunge: Glassnode Report   news.bitcoin.com 07 August 2024 14:39, UTC The latest report from onchain analysis firm Glassnode highlights a significant market downturn, marked by a 32% decline in bitcoin’s value, the largest drawdown of the current cycle. The study underscores the critical impact of this downturn on investor…

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