• 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

Market Analysts Predict Stability Amid Ongoing Leadership Speculation

chest

Market analysts suggest potential stabilization in financial markets if no leadership changes occur, amid ongoing speculation regarding the Federal Reserve Chair position.

user avatarJesper Sørensen

Speculation Surrounds Christopher Waller's Interview for Fed Chair

chest

Reports suggest that Christopher Waller interviewed with Donald Trump for the Federal Reserve Chair position, but no primary sources confirm this.

user avatarSatoshi Nakamura

Mog Coin Gains Traction as Analysts Monitor Its Growth

chest

Mog Coin continues to attract attention among investors seeking midcap growth with steady price movements and a focus on technological innovation.

user avatarRajesh Kumar

US Coast Guard's Interception May Disrupt Global Oil Trade

chest

The recent interception of the oil tanker Centuries by the US Coast Guard may have significant ripple effects on global oil trade.

user avatarLucas Weissmann

US Coast Guard Allegedly Boards Venezuelan Oil Tanker in Caribbean

chest

Reports suggest that the US Coast Guard recently boarded a tanker carrying Venezuelan oil in the Caribbean, although no official governmental confirmations have surfaced yet.

user avatarFilippo Romano

Aster and Yooldo Games Shine in a Year of Token Underperformance

chest

Aster and Yooldo Games have emerged as standout performers in a year where most tokens have struggled, with Aster seeing a FDV increase of over 740% and Yooldo Games over 530%.

user avatarEmily Carter

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.