• 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

Pumpfun Faces Class Action Lawsuit Amid Market Turmoil

chest

Pumpfun is facing a $55 billion class action lawsuit for operating an illegal securities exchange and conducting pump-and-dump schemes, amid market turmoil and declining user trust.

user avatarDavid Robinson

Robinhood Stock Surges Over 5% Amid Ark Invest's Acquisition

chest

Robinhood's stock price jumped over 5% in premarket trading, driven by Ark Invest's significant acquisition of HOOD shares.

user avatarAndrew Smith

Revolutionary Kpop RWA Products Launch Through Strategic Partnerships

chest

WITCH announces a groundbreaking collaboration with SBI Digital Markets, DIOD, and Kyobo Life Insurance to develop innovative Kpop RWA products that bridge traditional entertainment and blockchain technology.

user avatarJacob Williams

Bitcoin Death Cross Triggers Bear Market Debate

chest

The cryptocurrency world is buzzing with tension as a significant Bitcoin death cross appears on daily charts, triggering intense debates among leading analysts about whether we are entering a prolonged bear market.

user avatarZainab Kamara

Navigating Market Uncertainty Amid Bitcoin Death Cross

chest

Investors are advised to adopt strategic approaches in light of the current market uncertainty.

user avatarSon Min-ho

CiDi Games to Develop Pi-Integrated Gaming Hub

chest

CiDi Games is on a mission to build a library of high-quality, Pi-integrated games while enhancing the Pi platform's capabilities for other game developers.

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.