Bitcoin has exploded over 100 percent higher over the past four weeks, moving from $20,000 to highs around $42,000.
While the cryptocurrency is facing an ongoing retracement, analysts are confident that it is still on a path of growth on a macro scale.
According to Ecoinometrics, a cryptocurrency data outlet, Bitcoin is likely to rally hundreds of percent if it follows the same path it set after the previous halving/" target="_blank">halving
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