• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

What Awaits Bitcoin in 2024: Market Stagnation Analysis

user avatar

by Giorgi Kostiuk

9 months ago


Bitcoin might be on the verge of a significant milestone as 2024 approaches. The CEO of CryptoQuant notes the anticipated bullish trend delay.

Could 2024 Be the Year of Market Stagnation?

Typically, the halving event every four years catalyzes notable price increases in the cryptocurrency realm. However, 2024 appears to defy this historical pattern. In previous halving years—2012, 2016, and 2020—price upticks occurred early on but have yet to manifest in 2024.

What Are Analysts Predicting for Bitcoin?

Market analysts question whether Bitcoin is set for a delayed price surge, reminiscent of prior halving cycles. The slow performance observed in 2024 has prompted varied responses among traders. While some maintain optimism about an imminent bull market, others express skepticism.

Perspectives on Market Dynamics

Key takeaways from Ju’s analysis include the potential for a historic market stagnation in 2024, previous halving cycles not mirroring current trends, and traders being divided on the likelihood of a forthcoming price surge.

Ju’s insights on social platforms provide investors with critical perspectives on Bitcoin’s potential movements in the upcoming weeks.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

Other news

Investment in Bitcoin: DigitalX Secures A$20.7 Million for Expansion

chest

DigitalX has secured A$20.7 million for Bitcoin reserves, strengthening its market position in Australia.

user avatarGiorgi Kostiuk

TON Foundation: How Telegram is Changing the Blockchain Landscape

chest

The TON Foundation integrates blockchain into Telegram, offering fast transactions and cryptocurrency support within the messaging app.

user avatarGiorgi Kostiuk

FLOKI Price Breaks Trendline: Experts Suggest Potential Rally

chest

FLOKI starts to show strength by breaking a key trendline and approaching a resistance zone in the cryptocurrency market.

user avatarGiorgi Kostiuk

Crypto Fear & Greed Index: Current Market Sentiment

chest

The Crypto Fear & Greed Index indicates a greed level at 65, signaling optimism among investors but also potential risks.

user avatarGiorgi Kostiuk

CZ on Cryptocurrency: Avoid Quick Rich Schemes

chest

Binance founder CZ urges investors to focus on long-term value in cryptocurrency.

user avatarGiorgi Kostiuk

7 Effective Cryptocurrency Tax Strategies for Investors

chest

Discover how to optimize cryptocurrency tax obligations with seven strategies tailored to new IRS requirements.

user avatarGiorgi Kostiuk
dapp expert logo
© 2020-2025. DappExpert. All rights reserved.
© 2020-2025. DappExpert. All rights reserved.

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.