The Bitcoin Price: Will Bitcoin Price Reach $50,000 or $70,000 Next?

Quick Summary:

Investors are concerned about the volatility in its price, especially with the upcoming Bitcoin halving event, expected to occur on April 20, 2024.

Bitcoin and the global cryptocurrency market have recently been experiencing a downturn, with BTC struggling to reach its previous highs.

Certain analysts have pointed out that Bitcoin’s price breaching specific lows signifies a compromise in market structure.

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Article Details

Author / Journalist: Jane Lubale

Category: Crypto

Markets: India

Topics: BTC price analysis Bitcoin Price Analysis Bitcoin price Blog Bitcoin price prediction

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-04-18 @ 01:07:36 (3 weeks ago)

News Timezone: GMT +8:00

News Source URL: coingape.com

Language: English

Article Length: 852 words

Reading Time: 5 minutes read

Sentences: 53 lines

Sentence Length: 17 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © CoinGape

News ID: 20715129

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About CoinGape

Main Topics: Crypto

Official Website: coingape.com

Update Frequency: 61 posts per day

Year Established: 2017

Headquarters: India

News Last Updated: 20 minutes ago

Coverage Areas: India

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Publisher ID: #59

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