What are the predictions for the future of Bitcoin, which is rising like there is no tomorrow? Will this number reach 300 thousand by the end of 2024?
March 11, 2024
0
Price of Bitcoin right now (March 11, 2024) $71,235.40 It remains at the same level. 2024 is the year for investors who lost hope after the sharp declines
Price of Bitcoin right now (March 11, 2024) $71,235.40 It remains at the same level. 2024 is the year for investors who lost hope after the sharp declines in Bitcoin prices A year in which hope will grow again continues to show itself as.
Bitcoin, which crossed $70,000, entered a new one to the highest price level (ATH) managed to reach. So what do analysts say about this?
2024 stands out as a year in which major developments in Bitcoin will take place.
It will take place in April 2024 halving and approval of ETFs So there was already a positive expectation in the market. You can read our content on this topic:
Analysts are hopeful about prices.
Founder of Cane Island Alternative Advisors Timothy Peterson, of Bitcoin Will exceed $100,000 states. He adds that this will be due to increased demand for spot Bitcoin ETFs, creating a supply shock.
Istanbul Aydin University Dr. Faculty member Beyhan Yaslidag, He states that the decrease in supply as a result of the halving will cause a price increase. Also before the end of 2024 $75,000 in the pessimistic scenario and $100,000 in the optimistic scenario. states that levels are expected to be seen.
The prediction of Robert Kiyosaki, author of the book “Rich Dad Poor Dad”, is $300,000!
Robert Kiyosaki said in his post: “Bitcoin is on fire. The biggest mistake you can make is procrastination. It’s important to get started, even if it’s just for $500. The next stop is $300,000 per Bitcoin in 2024.” proverb, Investments must start without delay he proposed.
Another view is that Bitcoin will end the year at $150,000.
Tom Lee of Fundstrat He added that Bitcoin will start to capture the attention of Generation Z by the end of the year $150,000 says it will reach these levels.
In summary, if we look at the comments of various analysts, we can see something about the price of Bitcoin. positive opinions predominate We see. This situation makes cryptocurrency investors very happy and shows that even more optimistic views will appear on the market in 2024 and beyond.
Of course always do your own research and it would be best to consider other factors related to the relevant investment vehicle before making any investment decision. None of the statements we mentioned does not constitute investment advice Let us remind you again and end our content.
Our other content that may interest you:
Follow Webtekno on Threads and don’t miss the news
Jason Root is a blockchain enthusiast and author at Div Bracket. He provides comprehensive coverage of the latest developments in the world of blockchain, offering readers a unique perspective on the industry and its potential for revolutionizing various industries.