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

3 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.

Tier I

Sector: #18291

Sealed Hiding Place Room

Resource Cache

Resource Cache

Tier I

Requires 25% Tier Progress to Claim
Meme Cache

Meme Cache

Tier I

Requires 50% Tier Progress to Claim
Equipment Cache

Equipment Cache

Tier I

Requires 75% Tier Progress to Claim

After collecting, hiding places will be stored in your inventory and can be opened with Keys.

Other news

Bitcoin's Price Volatility Linked to Federal Reserve's Interest Rate Decisions

Bitcoin's price volatility is influenced by the Federal Reserve's interest rate decisions, with current prices around $80,000 after a turbulent week.

user avatarDavid Robinson

Liquidity Concerns Pressure Datavault AI's Financial Outlook

Datavault AI is reassessing its liquidity and financing requirements following the Bitcoin access issues.

user avatarJacob Williams

Datavault AI Faces Major Investor Backlash Over Bitcoin Access Issues

Datavault AI's shares dropped nearly 50% due to issues accessing Bitcoin linked to a $150 million investment agreement.

user avatarSon Min-ho

Third-Party Bitcoin Custody Raises Concerns for Datavault AI

The reliance on third-party custody for Bitcoin transactions has come under scrutiny following Datavault AI's withdrawal issues.

user avatarZainab Kamara

Accounting Corrections Could Significantly Impact Datavault AI's Financial Statements

Accounting corrections could significantly impact Datavault AI's financial statements due to misclassification of Bitcoin assets.

user avatarAndrew Smith

JP Morgan Integrates JPM Coin with Ethereum Blockchain

JP Morgan announced the integration of its JPM Coin deposit token with the Ethereum blockchain, extending its services to eligible institutional clients.

user avatarAyman Ben Youssef

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.