Crypto Week Ahead: Bitcoin Resumes Rally As Halving Event Approaches

Over the past seven days, Bitcoin (BTC) price achieved a high of $71,413.06.

BTC dominance, at the time of writing, stood at 52.04 percent.

Source : Eivind Pedersen/Pixabay

Bitcoin (BTC), the most popular cryptocurrency in the world, has managed to resume its rally from last month, managing to touch highs of around $71,000 over the past week. It’s largely being speculated that as the much-awaited BTC Halving event is coming up on April 19, a price could take place as the supply of new Bitcoin will reduce considerably. However, readers are urged to keep in mind that Bitcoin Halving may not immediately lead to a boom, as several factors affect prices.