The post Bitcoin Pre-Halving Prediction: Will BTC Price Hit $50K By Year End? appeared first on Coinpedia Fintech News
Prominent cryptocurrency analyst Michaël van de Poppe has made a bullish prediction for Bitcoin, stating that the leading cryptocurrency could reach $50,000. Van de Poppe attributes this positive outlook to recent developments in the cryptocurrency market and the potential approval of Exchange-Traded Funds (ETFs).
He emphasizes that the prevailing positive sentiment in the crypto space has led to substantial gains across significant cryptocurrencies. According to his analysis, Bitcoin’s recent surge can be attributed to growing speculation surrounding the approval of ETFs.
#Bitcoin broke above $30,000.
A comparable level to the $6,000 barrier in 2019.
As long as Bitcoin stays above, the bull market is here.
We might even see the classic pre-halving run towards $45,000-50,000. pic.twitter.com/my4K3yto7X
— Michaël van de Poppe (@CryptoMichNL) November 4, 2023
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