{"id":26237,"date":"2024-02-14T10:51:19","date_gmt":"2024-02-14T10:51:19","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/will-btc-reach-new-ath-before-halving\/"},"modified":"2024-02-14T10:51:19","modified_gmt":"2024-02-14T10:51:19","slug":"will-btc-reach-new-ath-before-halving","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/will-btc-reach-new-ath-before-halving\/","title":{"rendered":"Will BTC reach new ATH before halving?"},"content":{"rendered":"<p><b>(Originally posted on : CoinJournal: Latest Bitcoin, Ethereum &amp; Crypto News )<\/b><br \/>\n<\/p>\n<div>\n<div class=\"post-article-image  -mt-24  mb-8  lg:-mt-32  rounded  overflow-hidden\">\n<picture><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2024\/01\/1705322664232-6a542c37-efb1-4f19-a0d4-44c1707da2fc-smartcrop-750x375.webp\" type=\"image\/webp\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2024\/01\/1705322664232-6a542c37-efb1-4f19-a0d4-44c1707da2fc-smartcrop-363x181.webp\" type=\"image\/webp\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2024\/01\/1705322664232-6a542c37-efb1-4f19-a0d4-44c1707da2fc-smartcrop-750x375.jpg\" type=\"image\/jpeg\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2024\/01\/1705322664232-6a542c37-efb1-4f19-a0d4-44c1707da2fc-smartcrop-363x181.jpg\" type=\"image\/jpeg\"\/>\n<\/picture>                    <\/div>\n<ul>\n<li>Bitcoin hits $51k as bulls roar into life following Tuesday\u2019s markets reaction to CPI data.<\/li>\n<li>BTC price rose to highs of $51,708 on Coinbase, with its market cap back above $1 trillion.<\/li>\n<li>Will BTC reach new ATH before halving?<\/li>\n<\/ul>\n<p dir=\"ltr\"><a href=\"https:\/\/coinjournal.net\/bitcoin\/\">Bitcoin (BTC)<\/a> price skyrocketed past the $51,000 level on Wednesday morning, recouping all losses suffered as the benchmark crypto mirrored stocks on Tuesday.<\/p>\n<p dir=\"ltr\">The gains have seen the pioneer crypto reach a market capitalization of $1 trillion, a milestone last seen in December 2021.\u00a0<\/p>\n<p dir=\"ltr\">According to data from CoinGecko, the price of Bitcoin hovered around $51,500 early morning on February 14. The BTC\/USD pair traded more than 2% up across major cryptocurrency exchanges, with prices on <a href=\"https:\/\/coinjournal.net\/news\/tag\/coinbase\/\">Coinbase<\/a> having shot to an intraday high of $51,708 as of writing.<\/p>\n<p dir=\"ltr\"><a href=\"https:\/\/www.tradingview.com\/x\/5wPn2W01\/\" rel=\"noopener noreferrer\" target=\"_blank\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/media.igms.io\/2024\/01\/14\/1707907038609-a87230c0-cb25-4796-b90f-cd2e92ae711b.png\" style=\"width: 650px\" class=\"fr-fic fr-dib\" width=\"650\" height=\"311\"\/><\/a><\/p>\n<p dir=\"ltr\">As BTC bulls eye a higher move, is Bitcoin poised for a march to a new all-time high pre-halving? With BTC showing fresh signs of an upside continuation, some analysts are saying the cryptocurrency could surge to higher levels in coming weeks. Crypto investor and analyst WhalePanda noted on X:<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">It&#8217;s very simple now. You sell your <a href=\"https:\/\/twitter.com\/hashtag\/Bitcoin?src=hash&amp;ref_src=twsrc%5Etfw\">#Bitcoin<\/a> , you get left behind. There are no dips to buy.<br \/>Those CPI numbers and the psychological $50k would&#8217;ve dumped us back to $44-45k pre-ETFs.<br \/>They tried, they failed, and now they have to rebuy higher. They aren&#8217;t going to try again.<\/p>\n<p>\u2014 WhalePanda (@WhalePanda) <a href=\"https:\/\/twitter.com\/WhalePanda\/status\/1757700154214305943?ref_src=twsrc%5Etfw\">February 14, 2024<\/a><\/p>\n<\/blockquote>\n<p dir=\"ltr\">The upcoming BTC halving and the massive demand witnessed within the spot Bitcoin ETF market are key catalysts. For the latter, there were nearly $631 million in inflows on Tuesday.\u00a0<\/p>\n<p dir=\"ltr\">Data <a href=\"https:\/\/sosovalue.xyz\/assets\/etf\" rel=\"noopener noreferrer\" target=\"_blank\"><u>shows<\/u><\/a> BTC spot ETFs have recorded net inflows for thirteen consecutive trading days, with cumulative net inflows at $3.89 billion as of February 13.<\/p>\n<p dir=\"ltr\">Bitcoin\u2019s halving is set for April this year.\u00a0<\/p>\n<div class=\"post-meta\">\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Share this article<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Categories<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Tags<\/h6>\n<\/p><\/div>\n<\/p><\/div>\n<p><script async src=\"\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><br \/>\n<br \/><a href=\"https:\/\/coinjournal.net\/news\/bitcoin-hits-51k-will-btc-reach-new-ath-before-halving\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : CoinJournal: Latest Bitcoin, Ethereum &amp; Crypto News ) Bitcoin hits $51k as bulls roar into life following Tuesday\u2019s markets reaction to CPI data. BTC price rose to highs of $51,708 on Coinbase, with its market cap back above $1 trillion. Will BTC reach new ATH before halving? Bitcoin (BTC) price skyrocketed [&hellip;]<\/p>\n","protected":false},"author":13,"featured_media":26238,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[35],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/26237"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/13"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=26237"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/26237\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/26238"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=26237"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=26237"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=26237"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}