• 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

Mutuum Finance Shows Promising Growth in DeFi Space

chest

Mutuum Finance (MUTM) is showing significant growth in its presale, increasing from $0.01 to $0.04, a 300% rise, while raising over $195 million and attracting 18,650 holders.

user avatarLucas Weissmann

Crypto YouTuber Highlights Importance of Fundamentals

chest

Mason Versluis, a popular crypto YouTuber, emphasizes the importance of focusing on real fundamentals in cryptocurrency rather than unrealistic price predictions.

user avatarFilippo Romano

Finance Coach Urges Patience Amid XRP Price Drop

chest

A well-known finance coach in the XRP community, Coach JV, urges investors to remain patient as XRP's price drops below $2, viewing it as a long-term buying opportunity.

user avatarEmily Carter

Hyperliquid Founder Reaffirms Commitment to Integrity and Credible Neutrality

chest

Jeff Yan, the founder of Hyperliquid, reaffirms the project's commitment to integrity and credible neutrality, stating that it will not engage in private investments or market maker deals.

user avatarTomas Novak

Flow Foundation Initiates Restoration of Blockchain Ecosystem Post-Hack

chest

The Flow Foundation is actively working on restoring its blockchain ecosystem after a significant hack that resulted in a $39 million exploit.

user avatarKaterina Papadopoulou

Bitmain Stakes Additional 259 Million in Ethereum

chest

Bitmain has staked an additional 259 million in Ethereum, bringing its total stake to 544,064 ETH valued at approximately 17 billion.

user avatarMaya Lundqvist

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.