• 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

WPA Hash Offers Simple Registration and Immediate Earnings

chest

WPA Hash offers a simple registration process and a welcome bonus for new users, allowing them to start earning profits immediately.

user avatarAndrew Smith

WPA Hash Revolutionizes Digital Mining with Innovative Technology

chest

WPA Hash has launched an innovative cloud-based mining platform that utilizes advanced technology and intelligent algorithms to enhance digital mining efficiency and profitability.

user avatarJacob Williams

Outset PR Adapts Communication Strategy Amid Market Changes

chest

Outset PR adapts communication strategy to align client narratives with real-time developments in the cryptocurrency market.

user avatarZainab Kamara

Ripple's Reece Merrick Calls for Banks to Embrace Stablecoins

chest

Ripple's Reece Merrick warns banks that without a stablecoin strategy, they risk falling behind in the evolving financial landscape.

user avatarKofi Adjeman

Trump's Economic Strategy: The Case for Rate Cuts

chest

Trump's campaign for interest rate cuts aims to stabilize the U.S. economy by making homeownership more accessible and boosting the stock market, though it raises concerns about inflation and fiscal health.

user avatarTando Nkube

Trump's Rate Cut Demands: A Strategic Political Move

chest

Trump's push for interest rate cuts is a strategic political move aimed at creating an economic revival narrative and enhancing his political capital.

user avatarSon Min-ho

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.