Bitcoin Surges to $50K: Rally or Correction Ahead?
Bitcoin has surged 15% in a week, surpassing the $50,000 milestone. Factors driving the rally include institutional interest, ETF approval, and upcoming halving. Bullish predictions place Bitcoin at $57,000 and even $84,500. However, cautionary signals warn of a potential price correction. Despite this, optimism remains due to the liquidation of short positions. Mainstream attention seems detached from Bitcoin's price movements. With the cryptocurrency market captivating investors, all eyes are on Bitcoin as it navigates the volatile crypto world.