Bitcoin's prospects in 2024 are being paid attention and evaluated by the cryptocurrency community. Bitcoin price predictions in 2024 vary, but here are some important points:
Bitcoin Price: There are many predictions about the price of Bitcoin in 2024. Some experts say the price could reach between $60,000 and $125,000. However, it should be noted that the price is currently encountering resistance at ($43,500–$45,000).
Bitcoin ETF: The launch of a spot Bitcoin ETF in 2024 is expected to attract institutional investors and expand participation in the market.
Bitcoin Halving: The Bitcoin Halving event usually occurs before a price increase. Reducing mining rewards limits supply potentially driving demand and increasing prices.
Macroeconomic context: Factors such as potential interest rate adjustments and geopolitical tensions influence the value of Bitcoin.