BTC could be nearing all-time highs before halving

According to crypto research firm 10X Research, "Looking at past halving events, bitcoin has gained an average of 32% in the 60 days leading up to the halving. If it follows the same path this time around, bitcoin could approach its all-time high of $6.9 million on or before the day of the halving. The traditional financial industry has also been buying bitcoin ETFs in anticipation of this," said Mr. Khan. "A week ago, bitcoin's 14-month RSI (Relative Strength Index) broke above 80 for the first time since last December, and once it did, the price rose an average of 54% over the next 60 days. At this rate, bitcoin could reach $7.46 million in 60 days."