2.8 C
London
Sunday, February 16, 2025

Analysts are hopeful for 2024: Bitcoin will reach an all-time peak!

Date:

Related stories

Baerbock Advocates for Debt Brake Reform to Preserve Peace in Europe

Germany's Foreign Minister, Annalena Baerbock, stresses the importance of...

VÉRIF: Exploring the Legal Boundaries of Image Manipulation in the Controversial Kanye West Video

A recent deepfake video featuring Jewish-American celebrities like Scarlett...

Iran’s Role in Middle East Instability: Rubio’s Accusations

US Secretary of State Marco Rubio and Israeli Prime...

English Students Embrace Life Without Smartphones: A Journey to Rediscovering Connection

Starting September 2024, a college in Lot-et-Garonne will ban...

Impact of Trump Administration’s USAID Cuts: Thousands of Lives in Jeopardy

USAID's suspension of humanitarian assistance under the Trump administration...
- Advertisement -

Analysts of cryptocurrency exchange Bitfinex predicted that Bitcoin (BTC) could reach its all-time peak (ATH) in 2024.

Bitfinex analysts announced their predictions about the Bitcoin price in the report they shared on December 6. Analysts for next year Between 60 thousand dollars and 75 thousand dollars when making a price prediction 2 important factors focused.

The ongoing spot Bitcoin exchange-traded fund (ETF) application process and 2024 Bitcoin halving (having) to take place in April catalyst for next year Analysts stated that the upward trend will not stop:

While some market participants are targeting $100,000 and others are hoping for more, we believe the Bitcoin price will reach between $60,000 and $75,000 by the end of next year.

Spot Bitcoin ETF approvals, according to Bloomberg’s experienced ETF analysts 90% chance in January 2024 will take place collectively.

According to CoinGecko data, in the last 24 hours 1.6% decrease living Bitcoin, at the time of writing from $43,324 is being traded.

source site-10

Latest stories