The post Bitcoin Bull Run In 100 Days ! Glassnode Predicts Massive BTC Price Rally Ahead of Having Event appeared first on Coinpedia Fintech News
Glassnode, a prominent data provider, has made a significant revelation, narrowing down the anticipated date for Bitcoin’s next halving event. Before that let’s see the present scenario; The recent approval of spot Bitcoin ETFs by the U.S. SEC, coupled with the imminent BTC halving event, has heightened expectations and speculation about a potential Bitcoin rally in the crypto market for a very long time.
Unfortunately, the approval of ETFs initially triggered a notable surge in Bitcoin’s price, reaching an impressive $49,000. However, this rally was short-lived, and the price retraced to approximately $42,000, underscoring the volatility in the crypto space.
BTC’s Calmness Continues
Bitcoin’s current price at $42,476, representing a 0.46% decrease in the last 24 hours and a 9.56% decline over the past week, however, analysts re
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