0460761620#Wecan say that Bitcoin will reach its historic high in 2024': expert who spiked the price of BTC at the beginning of the year makes a new projection for cryptocurrency
It wasn't stocks, real estate funds or fixed income: the title of best investment of the year went to cryptocurrencies. After a difficult 2022, digital assets, captured by Bitcoin, returned with a bang in 2023, with its main asset (BTC) appreciating 150% until the day I write this article.
Anyone who invested any amount in digital currency at the beginning of the year already has double the amount in their account.
The increase was significant and driven especially by the reversal of trend in US interest rates. But there are those who say that cryptocurrency will reach even greater heights next year.
The cryptocurrency expert at Brazil's largest analysis house, Paulo Camargo, stated that:
‘I think we can say that Bitcoin will pass its all-time high next year’.
For those of you who don't know, Paulo was one of the few voices in the market to say, at the beginning of the year, that Bitcoin would close 2023 surpassing the US$40,000 mark.
Now, the analyst has now made a new prediction for Bitcoin, after all, this means that the cryptocurrency will surpass US$69,000.