• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Bitcoin Surge: End-of-Year Predictions Above $100,000

user avatar

by Giorgi Kostiuk

a year ago

Following Donald Trump's election as President of the US, Bitcoin has seen a significant surge, reaching new all-time highs. Analysts share their year-end projections, evaluating the cryptocurrency's future.

Historical Peaks and Lennix Lai's Opinion

Lennix Lai, Global Chief Commercial Officer at OKX, predicts that Bitcoin could exceed $100,000 by the end of 2024. He sees this as a signal of a new growth phase for the crypto industry.

We're seeing signals of a potential paradigm shift into the next growth phase for crypto.Lennix Lai

Other Analysts' Views

Other analysts like Tony Sycamore from IG Markets and Josh Gilbert from eToro also expect high Bitcoin prices by year's end. However, some, like Ki Young Ju from CryptoQuant, anticipate price decline.

This asset's run over the last two weeks has been like a freight train — it's going to take something big to slow it down.

Insights on Future Trends and Risks

Experts highlight that high volatility and macroeconomic risks could affect the market in the near future. Uncertainty due to global geopolitical events and changes in economic policy remains.

Overall, analysts expect Bitcoin to end the year at $100,000 or above, despite anticipated corrections and high volatility.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

AI Models Predict Timeline for Strategy to Reach 1 Million Bitcoin

chest

AI analysis provides varying timelines for Strategy to reach 1 million Bitcoin, with estimates from September 2026 to 2027.

user avatarEmily Carter

SEC Approves Nasdaq's Rule Change for Tokenized Securities Trading

chest

The SEC has approved Nasdaq's significant rule change to support trading in tokenized securities, marking a major step towards integrating blockchain technology into financial markets.

user avatarTomas Novak

Analyst Predicts 750% Rally for Dogwifhat (WIF)

chest

Market technician John Carter predicts a potential 750% price rally for Dogwifhat (WIF) based on technical analysis.

user avatarMaya Lundqvist

Dogwifhat (WIF) Sees 15% Price Recovery Amid Market Optimism

chest

Dogwifhat (WIF) has surged by more than 15% over the past week, indicating a major recovery phase in the cryptocurrency market.

user avatarKaterina Papadopoulou

Federal Reserve Holds Interest Rate Steady Amid Rising Energy Costs

chest

The Federal Reserve held its benchmark interest rate steady amid rising energy costs, maintaining a cautious stance to balance price pressures with a cooling job market.

user avatarLeo van der Veen

Jane Street Resumes Bitcoin Activity Amid Ongoing Scrutiny

chest

Jane Street has resumed moving Bitcoin, drawing attention due to its past actions during the TerraLUNA collapse.

user avatarLi Weicheng

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.