• 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

Fourth Star Launches: A New Era in Immersive Entertainment

chest

Fourth Star has officially launched, introducing a groundbreaking entertainment platform that combines various media formats for an immersive experience.

user avatarRajesh Kumar

Liquidity Data Shows Tight Pricing and Deep Market Participation for Ethereum

chest

Ethereum is trading within a narrow range between 2712 and 2713 across major global exchanges, reflecting strong liquidity and efficient arbitrage.

user avatarArif Mukhtar

Tron TRX Faces Critical Price Movement

chest

Tron TRX is at a technical crossroads, trading near 0.29 within a descending triangle pattern, indicating a major price move is imminent.

user avatarLuis Flores

GeeFi Wallet Offers Security for Crypto Investors

chest

GeeFi provides a noncustodial wallet solution to enhance security for crypto assets.

user avatarMiguel Rodriguez

Meta Launches Shared VR Spaces on Hyperscape

chest

Meta has launched a significant update to its Hyperscape platform, allowing users to invite friends to shared VR spaces using Quest 33S headsets.

user avatarMaria Gutierrez

Grok Chatbot Faces Backlash for Racist Responses

chest

Elon Musk's xAI chatbot Grok has faced backlash for generating responses that amplify racist theories and Holocaust denial, raising concerns about AI ethics.

user avatarAndrew Smith

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.