Bitcoin price prediction: BTC, the most prominent cryptocurrency with a market cap of over $1 trillion, is currently bouncing off an important support at $50,800. Weakening demand kept Bitcoin below the liquidity-rich level at $53,000, resulting price doldrums. However, with this key support holding, bulls have another chance at attempting a breakout toward $58,000 to complete what has come to be known as a pre-halving rally.
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