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coinpedia 2024-02-07 12:54:38

Bitcoin Prepares for Pre-Halving Rally: Analysts Eye $50k Target in Few Weeks

The post Bitcoin Prepares for Pre-Halving Rally: Analysts Eye $50k Target in Few Weeks appeared first on Coinpedia Fintech News Bitcoin (BTC) has continued to signal short-term weakness as the spot ETF frenzy gradually dwindles. According to on-chain data, more than 468k non-zero Bitcoin wallets have vanished in the past two weeks alone. Nevertheless, institutional demand for Bitcoin and other digital assets has continued growing exponentially worldwide. Furthermore, the majority of global central banks are …

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