The post Bitcoin to Reach Beyond $32,000 During the BTC-Halving in 2024! Is the Bull Market in its Early Stages? appeared first on Coinpedia Fintech News
Bitcoin price maintains its bullish streak as it recorded a notable spike of nearly 7% during the past trading day, rising the price levels beyond $19,000. While the price underwent a minor rejection and dropped below these crucial levels, the probability of resuming a decent uptrend appears to be imminent. Moreover, the bull run still appears to be in its initial stage and may consume more time than required to gain the required pace.
After the crypto markets withstood multiple tremors throughout 2022, the majority of the cryptos appear to have become more stringent. Bitcoin price after the parabolic recovery from the losses incurred due to the FTX collapse shed light on its potential and also contradicted the predictions of a 4-digit figure by the mid of Q1 2023.
However, only in case of an extreme bearish event, wherein yet a
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