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Will the bitcoin halving lead to a market upswing?

Cryptocurrency analyst Michael van de Poppe has announced the conclusion of the Bitcoin (CRYPTO: BTC) halving, predicting a market upswing. What Happened: Van de Poppe took to X to share his insights on the recent developments in the cryptocurrency market.

Is bitcoin halving over?

“#Bitcoin halving has finished and the markets are going up again. Bitcoin dominance goes back down, which means that the rotation has slowly started,” he wrote. Van de Poppe’s post comes amid a period of intense speculation about the future of the cryptocurrency market.

Is bitcoin bouncing from a halving area?

He wrote, “Pretty significant chance #Bitcoin will be bouncing from this area upwards for some relief. The hype is slowly fading away for Bitcoin as the halving is approaching and narratives will change.” Van de Poppe’s forecast comes amid a period of market stabilization.

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