Bitcoin recently peaked at $44,345 but is now consolidating around $43,400, following a breakout from an ascending triangle pattern.
Short-term price targets are set around $45,000, with a potential rise to $50,000, but overbought conditions may lead to consolidation.
Analyst Michaël van de Poppe warns of swift corrections despite positive developments like the anticipated spot Bitcoin ETF approval.
Bitcoin Minetrix, a cloud mining project, is gaining attention in its presale, offering a streamlined mining experience without traditional costs.