Bitcoin Just Crossed 50k And It Ain't Even Halving Yet.

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Bitcoin just crossed the 50k threshold, just 25k away from the All time High which is quite fascinating especially since the Bitcoin halving hasn't even happened. Bitcoin halving which is the Olympics of the cryptospace and perhaps the most important crypto event is scheduled to happen mid April and its execution is usually believed to be the marker of a start and a major catalyst of the bull run. Well, that's what I used to believe as we saw in previous years, but these days, it appears even the talk of the Halving itself marks the bull run as the market has been doing pretty well and almost having the market cap of the 2021 bull market at its peak when Bitcoin Halving is still in about two months.


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Notably, some cryptocurrencies like Cellframe have been going quite crazy lately going from 20 cents to over a dollar and I'm kinda mindblown by this performance. Other cryptocurrencies like IOTX and Solana on my watchlist have also doubled and tripled their prices from November and I can feel the excitement in the air already as quite a number of cryptos and projects in the green zone.

Some cryptocurrencies like Hive have been quite stable and haven't shown any significant pump or crash in price in months and I'm beginning to feel Hive is also about to go crazy as well because of its price consolidation over a period of time. There seem to be so much potential built for a significant pump.

For those who havent joined the train yet, there still a short space of time to invest smartly and stack up their bags and not invest just the market has pumped too much.

Update:
Bitcoin dropped back to below 50k which is expected due to the crazy pump, but quite sure it would bounce back up after price correction and a bit of stability.



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2 comments
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It is a great moment to behold seeing BTC surging well this day. I do hope we see more upward surge in no time. I believe this will help other Alts follow suit.

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I think the news about the halving is what added to the pump
Anyway, I’m glad about the pump and I hope Hive pumps well too

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