Bitcoin

<ul><li>Markus Thielen predicts Bitcoin’s 32% surge in 60 days ahead of the upcoming Bitcoin Halving.</li><li>Thielen’s forecast is bolstered by the historical trends of BTC surge before and after the three previous halvings.</li><li>Bitcoin’s bullish trend is also impacted by the substantial surge in the Bitcoin ETF inflow.</li></ul>Bitcoin’s prevailing bullish trend has recently created headlines as it surged past the crucial $50k mark for the first time in two years. Markus Thielen, founder of 10X Research,<a href="https://www.coindesk.com/markets/2024/02/19/2-reasons-bitcoin-could-challenge-record-high-of-69k-before-halving/" rel="noopener noreferrer nofollow"> forecasted</a> a 32% surge in Bitcoin price in 60 days ahead of the upcoming halving.Thielen’s forecast is further bolstered by the<a href="https://edition.cnn.com/2024/02/13/business/bitcoin-price-surge-halving/index.html#:~:text&#61;In%20the%20two%2Dyear%20period,investors%20saw%20a%20700%25%20gain." rel="noopener noreferrer nofollow"> historical trends</a> of the past three halving cycles. For instance, before and after 2012’s Bitcoin halving, the market saw a staggering surge of 30,000%. Bitcoin’s price went up by almost 800% in 2016’s halving and by 700% in 2020’s halving. Thielen reflected on the trend, saying, “This time will be no different as the perception within the crypto community is high that the halving is bullish.”Henry Robinson, Co-Founder of Decimal Digital Currency, echoed bullish perspectives on Bitcoin but cautioned against the potential volatility. He asserted,Read full article at<a href="https://cryptotale.org/bitcoin-foresees-32-uptick-in-60-days-upcoming-halving-impacts-btc-surge/" rel="noopener noreferrer nofollow"> CryptoTale.</a>

Bitcoin Foresees 32% Uptick in 60 Days, Upcoming Halving Impacts BTC Surge

CryptoTale

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