• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M
Expert opinion: The price of bitcoin will reach above $50,000 before the halving.

Expert opinion: The price of bitcoin will reach above $50,000 before the halving.

user avatar

by Max Nevskyi

2 years ago


On Friday, the price of bitcoin (BTC) reached $46,457, while altcoins also showed strong growth based on the return of capital to stock markets.

An increase in investor sentiment occurred after the announcement by the International Monetary Fund of a gradual recovery in the global economy.

A decrease in the negative impact of local political and financial crises on global processes is noted. Production activity is starting to grow, and logistics chains are recovering.

Caroline Mauron, co-founder of Orbit Markets, considers the strengthening of bitcoin to be confirmation of a global positive trend.

The launch of spot crypto funds and bitcoin ETFs in the United States reflects the growing interest of institutional investors in the digital currency market.

Crypto funds ETFs raised $8 billion in a month, while the outflow of funds from the GBTC trust decreased to $6 billion.

According to Caroline Mauron, the bitcoin exchange rate may reach the $50,000 mark before the April halving.

The expert does not exclude the possibility of exceeding this level by the BTC exchange rate in the coming weeks, provided that support remains, which may lead to even higher indicators.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

Tesla Overcomes Thermal Wall Challenge for Optimus Robots

chest

Tesla has solved the thermal wall problem, enabling Optimus robots to operate for up to 8 hours without overheating.

user avatarMaria Gutierrez

Bitcoin Exhibits Kimchi Premium in South Korean Market.

chest

On January 18, Bitcoin exhibited a kimchi premium of 0.11 million KRW in South Korea.

user avatarDavid Robinson

Tesla Introduces Groundbreaking MixedPrecision Bridge Technology

chest

Tesla has introduced the MixedPrecision Bridge, a technology that enhances AI processing capabilities while reducing energy consumption.

user avatarLuis Flores

Ethereum Validators Face Withdrawal Queue Challenges

chest

Ethereum's architecture prevents rapid exits by capping validator withdrawals, ensuring network security during transition periods.

user avatarAndrew Smith

Bitcoin World Implements Selective Coverage Protocol for Breaking News

chest

Bitcoin World has introduced a selective coverage protocol for major breaking news during its scheduled breaks from 3:00 PM UTC on Saturday to 10:00 PM UTC on Sunday.

user avatarSon Min-ho

Political Pressure Cannot Reopen Closed Legal Cases

chest

Legal experts clarify that political discussions cannot override established legal procedures.

user avatarZainab Kamara

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.