Bitcoin's price forecast for 2024 varies among experts, reflecting different market conditions and influencing factors. Here's a summary of some prominent predictions:Techopedia predicts Bitcoin could hit $85,000 by the end of 2024, driven by institutional interest and the Bitcoin halving event .Axi suggests a potential new all-time high of $80,000, influenced by ETF adoption and macroeconomic factors like US Federal Reserve interest rate cuts .Finbold reports that predictions range widely, with some experts like Tom Lee expecting Bitcoin to reach $180,000 if a spot Bitcoin ETF is approved, while Standard Chartered forecasts a more conservative $120,000 .Overall, while predictions range from $45,000 to as high as $180,000, the average expectation centers around significant growth, largely contingent on regulatory developments, macroeconomic conditions, and the upcoming halving event.
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