The Bitcoin halving is just around the corner, and the crypto market is waiting to see some pretty impressive price moves.

At the moment of writing this article, Bitcoin is trading in the green and the most important coin out there is priced at $8,991.67.

Bitcoin is up by more than 130% since the Black Thursday

Bitcoin is up by more than 130% since the March 12 crash. The coin is outperforming traditional assets amidst the coronavirus pandemic.

While BTC is starting to show signs of short-term bullish exhaustion, there’s a crypto trader and Elliott Wave analyst who believes that the coin is preparing for a strong move upwards, according to the latest data coming from the Daily Hodl.

Benjamin Blunts told followers that BTC is poised for a rally to $10,000.

In order to make these predictions, Blunt is relying on his expertise in the Elliott Wave to predict the bottom of the bear market back in 2018.

Take a look at the tweet that he posted back then:

There are various predictions about the price of Bitcoin these days, and most of them are really optimistic. We’re just ahead of the Bitcoin halving.

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