HomeMarketsWill BTC reach new ATH before halving?

Will BTC reach new ATH before halving?


  • Bitcoin hits $51k as bulls roar into life following Tuesday’s 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 past the $51,000 level on Wednesday morning, recouping all losses suffered as the benchmark crypto mirrored stocks on Tuesday.

The gains have seen the pioneer crypto reach a market capitalization of $1 trillion, a milestone last seen in December 2021. 

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 Coinbase having shot to an intraday high of $51,708 as of writing.

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:

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. 

Data shows BTC spot ETFs have recorded net inflows for thirteen consecutive trading days, with cumulative net inflows at $3.89 billion as of February 13.

Bitcoin’s halving is set for April this year. 


  1. I’m often to blogging and i really appreciate your content. The article has actually peaks my interest. I’m going to bookmark your web site and maintain checking for brand spanking new information.


Please enter your comment!
Please enter your name here


6 Common Pitfalls of Self-Directed and Checkbook Bitcoin IRAs

Originally published on Unchained.com.Unchained is the official US Collaborative Custody partner of Bitcoin Magazine and an integral sponsor of related content published through Bitcoin Magazine....

Deutsche Bank Survey: Over Half Expect Crypto to Become ‘Important’ Asset Class and Payment Method

A new Deutsche Bank survey found that over half of respondents expect cryptocurrencies to become an important asset class and a method of payment. In...

Calls It A ‘Proof-of-Stake Scam’ Unfit For SEC Approval

The Ethereum (ETH) community has continued to eagerly await news on approving a spot Ethereum Exchange-Traded Fund (ETF) slated to occur by May. However, as the...

Most Popular