The major ups and downs observed in prices over the years keep Bitcoin investors always on their toes. Investors who enter 2024 with high hopes should continue reading. Because in this content, we will talk about the price predictions of 2024.
Price of Bitcoin right now (March 11, 2024) $71,235.40 It remains at the level. 2024 is the year for investors who lost hope after the sharp declines in Bitcoin prices A year where hopes will grow again continues to show itself as.
Bitcoin, which exceeded $ 70,000, entered a new to the highest price level (ATH) managed to reach. So what do analysts say about this?
2024 stands out as a year that will see major developments in Bitcoin.
It will take place in April 2024 halving and ETFs approval Therefore, there was already a positive expectation in the market. You can read our content on this topic:
RELATED NEWS
Will Bitcoin Reach $100,000? Let’s exaggerate a little more, can 1 million be possible?
Analysts are hopeful about prices.
Founder of Cane Island Alternative Advisors Timothy Peterson, of Bitcoin will exceed $100,000 states. He adds that this will be due to the increased demand in spot Bitcoin ETFs creating a supply shock.
Istanbul Aydin University Dr. Lecturer Beyhan Yaslıdağ, He states that the decrease in supply due to the halving will cause an increase in prices. Also for the end of 2024 $75,000 in the pessimistic scenario and $100,000 in the optimistic scenario. states that levels are expected to be seen.
The prediction of Robert Kiyosaki, author of the book “Rich Dad Poor Dad”, is 300,000 dollars!
Robert Kiyosaki said in his post: “Bitcoin is on fire. The biggest mistake you can make is procrastination. It’s important to get started, even if it’s only for $500. Next stop is $300,000 per Bitcoin in 2024.” saying, Investment should be started without delay he suggested.
Another view is that Bitcoin will close the year at $ 150,000.
Tom Lee of Fundstrat Adding that Bitcoin has started to attract the attention of Generation Z, he said that by the end of the year $150,000 states that it will reach these levels.
In summary, when we look at the comments of various analysts, we can see about the price of Bitcoin. positive opinions prevail We see. This situation makes cryptocurrency investors very happy and shows that even more optimistic views will appear in the market in 2024 and beyond.
Of course always do your own research and it would be best to consider other factors related to the relevant investment instrument before making an investment decision. None of the statements we mentioned does not constitute investment advice Let us remind you once again and end our content.
Our other content that may interest you:
RELATED NEWS
35 Basic Concepts That Those Who Will Enter the Cryptocurrency Market for the First Time Must Learn Urgently
RELATED NEWS
What Is The Rug Pull Scam That Makes Investors Feel Like The World Is Collapsed?
RELATED NEWS