• 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

2 years 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

Marathon Digital's Hash Rate Reaches 315 EHs Post-Halving

chest

Marathon Digital reports a significant increase in self-mining hash rate, reaching 315 EHs, highlighting the aggressive strategies of public miners after the Bitcoin halving.

user avatarEmily Carter

US Bitcoin ETFs Show Signs of Recovery with $143 Million Inflow

chest

US spot Bitcoin ETFs are experiencing a resurgence in demand, with a recovery of $143 million in inflows, indicating renewed interest from institutional investors.

user avatarTomas Novak

Mt Gox Wallets Transfer 47,228 BTC to Bitstamp

chest

A significant transfer of 47,228 BTC from Mt Gox-linked wallets to Bitstamp-linked addresses signals progress in creditor repayments.

user avatarKaterina Papadopoulou

Coinbase's AI System Under Fire for False World Cup Match Alert

chest

Coinbase's AI system faced criticism for sending a false alert about a World Cup match result before the game started.

user avatarMaya Lundqvist

Participants in Joi AI Study Discuss AI's Role in Intimacy

chest

Participants in Joi AI's groundbreaking study discuss their motivations for exploring AI's influence on intimacy and personal development.

user avatarLeo van der Veen

Joi AI's Masturbation Study Attracts Over 150,000 Applicants

chest

Joi AI's recent campaign to recruit participants for an AI-guided masturbation study has gone viral, attracting more than 150,000 applications.

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.