• 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

Divergence in Leverage Ratios Raises Market Risk Concerns

chest

The analysis reveals that OKX has a significantly higher Estimated Leverage Ratio compared to Binance, indicating a more sensitive market structure.

user avatarDiego Alvarez

Investor Turns $120 into $900K Through Ethereum Investment

chest

An investor who purchased $120 worth of Ethereum during its presale in 2015 has seen a massive return on investment, moving his assets after 10 years.

user avatarKenji Takahashi

Potential Impact of Trump-Xi Meeting on Cryptocurrency Market

chest

The recent meeting between President Trump and President Xi Jinping could lead to increased trade stability, which may positively affect the cryptocurrency market.

user avatarMaria Fernandez

Bitcoin Faces Major Decline as New Federal Reserve Chair Takes Office

chest

Bitcoin's value dropped sharply, losing the crucial $80,000 support level as Congress confirmed Kevin Warsh as the new Federal Reserve chair.

user avatarGustavo Mendoza

Factors Behind Solana's Price Dip

chest

Several factors, including Bitcoin's correction and inflation concerns, are contributing to Solana's price dip.

user avatarRajesh Kumar

Nigel Farage Faces Investigation Over £5 Million Gift from Crypto Investor

chest

Reform UK leader Nigel Farage is under investigation for a £5 million gift from cryptocurrency billionaire Christopher Harborne, raising questions about potential disclosure failures.

user avatarMiguel Rodriguez

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.