Leading cryptocurrency exchange Bitget conducted a research examining macro and micro trends in the cryptocurrency market in its 2024 Bitcoin report.
Bitget’s research arm, Bitget Research, shared the 2024 Bitcoin report. While the research team stated that Bitcoin and BRC-20 token Ordi (ORDI) have a serious upward potential, they stated that new opportunities may arise for coins that can increase 100x in the Bitcoin ecosystem.
Bitget Research made six main predictions regarding future trends in the Bitcoin ecosystem:
- If the Bitcoin ecosystem continues to expand, the increase in demand for Bitcoin could lead to the BTC price surpassing its previous highs in the upcoming bull market and potentially up to 100 thousand dollars It has been reported that it can provide
- The leading coin of the Bitcoin ecosystem ORDIby market cap in the next bull market will be in the top 30 announced.
- Bitcoin NFT market size in the future 100x’s It was stated that it would grow above .
- In protocols such as Ordinals, Atomicals or Taproot Assets 100x coins It was emphasized that opportunities will arise.
- In the short term, the Bitcoin ecosystem will maintain its ‘one project, one protocol solution’ status and promote a variety of Bitcoin protocols. It has been reported that in the long term, a Bitcoin virtual machine will emerge that combines developer compilation environments within the ecosystem.
- Lightning NetworkIt will reportedly be the major technical foundation supporting the continued adoption of Bitcoin payments, and more assets will be created on top of it.