10X Research: BTC will return to its historical high of $69,000 before the halving
10X Research points out that, based on past data and RSI technical analysis indicators, Bitcoin usually sees a rise before mining halving. In the eight weeks prior to the previous three mining halvings, the price of Bitcoin increased by an average of 32%. It is expected that before the fourth Bitcoin blockchain mining reward halving on April 19th, the price will return to its historical high of $69,000.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
The number of transactions on the Linea mainnet has surpassed 1.3 million.
Data: 32.93 BTC transferred out from a certain exchange, worth approximately $2.4556 million
MON plummets, causing multiple whales to be fully liquidated with losses exceeding one million dollars