Bitcoin

Rekt

<p><strong>Bitcoin, the biggest cryptocurrency out there in terms of market value, has crossed the $45,000 mark again, making it the first time since spot ETFs started trading back on Jan. 11. As of now, it’s sitting at $45,374, showing a 5.32% jump over the past 24 hours. Let’s take a look at this&nbsp;</strong><a href="https://cryptoticker.io/en/bitcoin-price-forecast-ath/" rel="noopener noreferrer nofollow"><strong>Bitcoin price</strong></a><strong>&nbsp;article in more detail.</strong></p>
<h2 id="h-how-has-the-bitcoin-price-moved-in-the-recent-days">How has the Bitcoin price moved in the recent days?</h2> <img src="https://cryptoticker-strapi-media.s3.eu-central-1.amazonaws.com/BTCUSD_2024_02_08_22_01_46_c971384d30.png" alt="">
<p><a target="_blank" href="https://coinmarketcap.com/currencies/bitcoin/" rel="noopener noreferrer nofollow">Bitcoin’s cruising at approximately $45,320 right now</a>, with a trading quantity of $35.37 billion inside the ultimate 24 hours. Speak about making actions! Its market cap? A whopping $889.27 billion, essentially making it the king of the crypto fort with over 1/2 the market percentage. And get this – it is had a quite sweet uptick of around 5.20% in charge during the last day.</p>
<p>Now,in the past again on Nov 10, 2021, Bitcoin was dwelling its high-quality existence, hitting an all-time excessive of $68,770. However, it’s been via some hard patches too. Like back on Jul 17, 2010, when it become nearly pennies at $0.050000. On account that then, it is been on a rollercoaster, losing to as low as $15,599 and rocketing returned as much as $48,941. Right now, traders are feeling pretty bullish, and the fear &amp; Greed Index? it’s chilling at a decent 66.</p>
<p>As for the supply side of things, we’ve got approximately 19.62 million Bitcoins floating around out of a max supply of 21.00 million. And, the yearly deliver inflation rate? it is cruising alongside at 2.11%.</p>
<h2 id="h-will-the-btc-price-reach-50-000">Will the BTC price reach $50,000?</h2>
<p>Laurent Ksiss, a crypto ETP expert at CEC Capital, says, “When Bitcoin hits $45,000, it’s like a sigh of relief for those who got in on the bitcoin ETF early. They’re almost breaking even. But if this surge keeps going, some might cash out, causing a dip and testing the $42,000/$40,000 levels.”</p>
<p>A 5.32% surge in BTC’s price&nbsp;<a href="https://cryptoticker.io/en/why-are-whales-accumulating-bitcoin-amid-the-crypto-crash/" rel="noopener noreferrer nofollow">signals the bulls’ return</a>&nbsp;after they took a breather post-ETF approval sell-off. The market was a mixed bag after dipping below $38,000, with some fearing a drop to $36,000 or even $34,000.</p>
<p>However, trader and analyst Rekt Capital views the correction as healthy, similar to pre-halving price patterns seen in the past. Typically, BTC tends to dip a few months before halving before rallying significantly as hype builds around the event.</p>
<p><a target="_blank" href="https://x.com/rektcapital/status/1755353105837789412?s=20" rel="noopener noreferrer nofollow">According to Rekt Capital</a>, Bitcoin entered its final week in the “Pre-Halving Downside” phase this past Monday. From here, it’s poised to transition into a “Pre-Halving Rally,” potentially propelling BTC above $50,000.</p>
<h2 id="h-where-to-buy-bitcoin">Where to BUY Bitcoin?</h2>
<p><a target="_blank" href="https://partner.bitget.com/bg/cryptoticker" rel="noopener noreferrer nofollow">Bitget</a>&nbsp;stands out as a reliable crypto exchange. It provides a user-friendly interface, making it easy for both beginners and experienced traders to navigate and make transactions at the lowest fees on the market. To get started with&nbsp;<a target="_blank" href="https://partner.bitget.com/bg/cryptoticker" rel="noopener noreferrer nofollow">Bitget</a>, you need to create an account, complete the necessary KYC procedures, and then you can begin trading a variety of altcoins available on the platform.</p>

Bitcoin News: Bitcoin Price Surges Beyond $45,000, Will it reach $50,000?

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