• 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

Whale Selling Intensifies Downtrend for PepeCoin (PEPE)

chest

Whale selling intensifies downtrend for PepeCoin (PEPE) as large holders exit, raising concerns about price stability.

user avatarLuis Flores

Bitcoin's Hashrate Sees Significant Decline, Impacting Miners

chest

Bitcoin's network hashrate has reportedly declined by 12% since November 11, marking the largest drop since October 2021, raising concerns among miners and impacting operations for major mining pools.

user avatarArif Mukhtar

Lido Finance Unveils V3 with Customizable stVaults on Ethereum Mainnet

chest

Lido Finance has launched its V3 upgrade on the Ethereum mainnet, introducing customizable stVaults for institutional investors and developers.

user avatarMaria Gutierrez

JPMorgan Chase Launches Stablecoin Amid Dollar Concerns

chest

JPMorgan Chase has launched a stablecoin pegged to the US dollar, addressing concerns about the dollar and embracing blockchain technology.

user avatarDavid Robinson

IRS Overhaul Draws Parallels with Past Transitions

chest

The recent leadership overhaul at the IRS, led by CEO Frank Bisignano, draws parallels with past transitions, indicating potential changes in tax compliance strategies.

user avatarAndrew Smith

IRS CEO Frank Bisignano Implements Leadership Changes Ahead of 2026 Tax Season

chest

Frank Bisignano, the newly appointed CEO of the IRS, has announced significant leadership changes, including the retirement of Guy Ficco and the promotion of Gary Shapley, in preparation for the 2026 tax season.

user avatarZainab Kamara

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.