Bitcoin Price Holds Above $52,000 As Pre-Halving Rally Intensifies

Bitcoin’s recent price surge past $52,000 has sparked speculation about a pre-halving rally, a historical trend associated with the upcoming reduction in mining rewards. Analyst Jag Kooner, Head of Derivatives at Bitfinex, believes the current market movement aligns with such a rally, typically starting eight weeks before the halving event. “This rally has the potential […] source: https://cryptonews.com/news/bitcoin-price-holds-above-52000-as-pre-halving-rally-intensifies.htm