Ari Paul, the founder of crypto hedge fund BlockTower Capital, stated that Bitcoin (BTC) could reach $110,000 by the end of 2024, while also dwelling on the possibility of a new bottom.
Paul on January 29 via his official social media account. in his post, Bitcoin towards the end of 2024 110 thousand to dollar levels that you can reach expressed. The founder, in the current state of his prediction 23 thousand for Bitcoin traded at dollar levels aggressive although he admits that he looks 2017-2021 Considering the period between too conservative He stated that he was making a guess.
Founder, current average market value of Bitcoin $443 billion while emphasizing that 100 thousand what it takes for the dollar target Grayscale’s Grayscale Bitcoin Trust (GBTC) fund will be transferred from the traditional financial world, such as a new cash flow stated that.
markets, especially at the macro level. 2021 similar to the year increased risk appetite in case of 110 thousand dollars more of the levels conservative that you may appear taking attention analyst, in this scenario your high levels probable He said it could be.
On the other hand, in the next quarter recession to dominate and stocks including risk assets in case of depreciation 110 thousand the dollar target 12 thousand like a dollar to new lows Emphasizing that he could quit, the analyst said that despite this possibility himself and its founder of the fund Bitcoin investments that you continue conveyed.