Entering its third straight day of bullish momentum, Bitcoin is heading towards the important $60,000 mark. Meanwhile, Bitcoin ETF trading volume surpassed the $2 billion mark, highlighting the robustness of the cryptocurrency.
The upcoming halving event and potential rate cuts serve as additional catalysts, contributing to what can be described as an impressive “pre-halving phase.” With a remarkable 40% rise in value this month, Bitcoin appears poised to hit a new all-time high ahead of the impending halving.
As the uptrend gains momentum, the highly anticipated BTC price prediction of reaching $100,000 moves closer to realization, marking an exciting trajectory for Bitcoin's future.
In the realm of daily charts, Bitcoin's unyielding bullish sentiment is unmistakable, evident in the formation of three consecutive bullish candles. The market capitalization of cryptocurrencies has now surpassed the $1.1 trillion mark, further fueling the upward trend.
