Ethereum

2024

Bitcoin

Coin

<ul class="news-points">
 <li><strong>Analysts anticipate a $48K-$51K range for Bitcoin pre-halving.&nbsp;</strong></li>
 <li><strong>Surge in whale activity hints at growing investor confidence in Bitcoin.</strong></li>
 <li><strong>Ethereum is showing some strength, according to Michaël van de Poppe.</strong></li>
</ul>
<p>As the 2024 <a href="https://coinedition.com/what-is-bitcoin-everything-you-need-to-know/" rel="noopener noreferrer nofollow">Bitcoin</a> halving event nears, expected to be in April, cryptocurrency market activity is high with both accumulation and sales. Michaël van de Poppe, a cryptocurrency analyst, has recently been positive on X, implying that the correction stage of Bitcoin might be over.</p>
<p>Van de Poppe predicts that the pre-halving rally may propel Bitcoin to a value between $48,000 and $51,000. The analyst added that <a href="https://coinedition.com/what-is-ethereum-complete-guide-to-the-2nd-largest-blockchain-project/" rel="noopener noreferrer nofollow">Ethereum</a> also shows some strength, adding to the market’s bullish sentiment.</p>
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   <p lang="en" dir="ltr">Correction seems over for <a href="https://twitter.com/hashtag/Bitcoin?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">#Bitcoin</a>.<br><br>A pre-halving rally is taking place; perhaps we will continue moving toward the area of $48,000-51,000.<a href="https://twitter.com/hashtag/Ethereum?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">#Ethereum</a> finding more strength as well, great times. <a href="https://t.co/PThBbo7ifF" target="_blank" rel="noopener noreferrer nofollow">pic.twitter.com/PThBbo7ifF</a></p>— Michaël van de Poppe (@CryptoMichNL) <a href="https://twitter.com/CryptoMichNL/status/1755338643906933061?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">February 7, 2024</a>
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<p>At press time, Bitcoin was trading at $44,686, representing a 3.59% increase over the last day, as per CoinStats. Concurrently, Ethereum was trading at $2,423.9, representing a 2.67% rise in the…</p>
<p>The post <a href="https://coinedition.com/is-bitcoins-correction-over-price-surges-ahead-of-2024-halving/" rel="noopener noreferrer nofollow">Is Bitcoin’s Correction Over? Price Surges Ahead of 2024 Halving</a> appeared first on <a href="https://coinedition.com" rel="noopener noreferrer nofollow">Coin Edition</a>.</p>

Is Bitcoin’s Correction Over? Price Surges Ahead of 2024 Halving

Coin Edition

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