• 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

Bitcoin Coinbase Premium Gap Shows Positive Trend for 25 Days

chest

The Bitcoin Coinbase Premium Gap has remained positive for 25 consecutive days, indicating potential renewed demand from American institutional traders.

user avatarGustavo Mendoza

FBI Issues Warning About Fraudulent Tokens on Trons Network

chest

The FBI has issued a warning about fraudulent tokens on the Trons network that falsely claim to be from federal law enforcement.

user avatarRajesh Kumar

AI Chatbots Change Responses Based on Mental Health Disclosure

chest

Recent research shows that AI chatbots change their responses based on users' mental health disclosures, highlighting the need for understanding AI personalization.

user avatarMiguel Rodriguez

Republican Senators Express Optimism on Crypto Bill Progress

chest

Republican senators express cautious optimism about progress on the stalled crypto market structure bill, particularly regarding stablecoin yield provisions.

user avatarLuis Flores

Key Indicators for Dogecoin's Price Movement Identified

chest

Cryptollica highlights critical indicators that could influence Dogecoin's price trajectory.

user avatarArif Mukhtar

Crypto Analyst Predicts Dogecoin Could Reach New All-Time High

chest

Crypto analyst Cryptollica predicts Dogecoin could reach a new all-time high due to institutional interest and market dynamics.

user avatarMaria Gutierrez

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.