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Cryptoknowmics 2024-02-16 06:12:07

Bitcoin’s Surge Beyond $52,000 Sparks Pre-Halving Rally Speculation

As Bitcoin surpasses $52,000, analysts speculate on a potential pre-halving rally, a historical trend linked to the imminent reduction in mining rewards. Jag Kooner, Head of Derivatives at Bitfinex, sees alignment with the eight-week pre-halving rally pattern, suggesting the potential for prices to surpass previous cycle highs. Key Factors Driving the Rally Kooner points to … Continue reading "Bitcoin’s Surge Beyond $52,000 Sparks Pre-Halving Rally Speculation" The post Bitcoin’s Surge Beyond $52,000 Sparks Pre-Halving Rally Speculation appeared first on Cryptoknowmics-Crypto News and Media Platform .

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