Bitcoin's Post-Halving Dip May Be Almost Over—Exponential Gains Could Be Next, Says Trader
Portfolio Pulse from Khyathi Dalal
Bitcoin's post-halving dip may be nearing its end, with traders predicting a strong price rally. Historical data suggests significant gains post-halving, and current market indicators show increased large transaction volumes and active addresses. JPMorgan also predicts significant appreciation in the coming months.
June 28, 2024 | 1:32 pm
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Bitcoin's post-halving dip may be nearing its end, with traders predicting a strong price rally. Historical data suggests significant gains post-halving, and current market indicators show increased large transaction volumes and active addresses. JPMorgan also predicts significant appreciation in the coming months.
The article highlights historical data showing significant gains post-halving, current positive market indicators, and predictions from traders and JPMorgan for a strong rally. This suggests a likely positive impact on Bitcoin's price in the short term.
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