Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • ADOPTION
  • TRADING
  • HACKING
  • SLOT
Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • ADOPTION
  • TRADING
  • HACKING
  • SLOT
Crypto Flexs
Home»EXCHANGE NEWS»Crypto executives predict a Bitcoin bull market in 2024, but others disagree.
EXCHANGE NEWS

Crypto executives predict a Bitcoin bull market in 2024, but others disagree.

By Crypto FlexsDecember 4, 20233 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Crypto executives predict a Bitcoin bull market in 2024, but others disagree.
Share
Facebook Twitter LinkedIn Pinterest Email

Despite the prevailing bullish sentiment, there are macro factors that could pose a threat to the Bitcoin bull market.

Various cryptocurrency executives have suggested that the current Bitcoin rally will turn into a bull market with BTC rising to at least $100,000.

Although it is still below the peak price reached in November 2021, the price of Bitcoin is currently up 140% this year. Bitcoin reached the $40,000 threshold as bullish sentiment about the asset price increased over the weekend.

Will there be a Bitcoin bull market in 2024? Crypto Execs Believe It Is Possible

According to Pascal Gauthier, CEO of Ledger, 2023 was the year the cryptocurrency market was preparing for the coming bull market. Gauthier believes a bull market is inevitable due to the potential approval of spot ETFs.

Vijay Ayyar, Vice President of International Markets at CoinDCX, believes the ETF news will push Bitcoin prices higher faster than expected. Ayyar also cited the Bitcoin halving scheduled for April 2024 as a reason for his optimistic speculation.

There have already been bold calls for Bitcoin to rise. Standard Chartered reiterated that Bitcoin will reach $100,000 by the end of 2024. Elsewhere, Matrixport reported that Bitcoin could surpass $63,000 by April 2024 and reach $125,000 by the end of the year. Blockstream CEO Adam Back is even more optimistic. in the back presentation Given Bitcoin’s momentum, X is likely to reach $100,000 by April.

Bearish Sentiments Trail $100,000 Call

Despite the prevailing bullish sentiment, there are macro factors that could pose a threat to the Bitcoin bull market. James Butterfill, head of research at CoinShares, noted that Bitcoin would fall if inflation does not fall as expected. He explained that a resurgence in inflation would force the Fed to keep its policies tighter and push Treasury yields higher.

“This will make it more attractive compared to Bitcoin,” he concluded.

JPMorgan strategists believe the cryptocurrency market is already priced in and may not benefit much from spot ETF approval or the upcoming halving. Even if approved, strategists argued that spot ETFs may not bring in more inflows. Instead, they explained, institutions can simply shuffle their investments by moving funds out of existing Bitcoin products.

Again, Alonso de Gortari, chief economist at Mysten Labs, is not sure whether any regulatory updates will help Bitcoin. De Gortari argues that regulatory updates that limit Bitcoin access or opportunities could reduce investor profits.

“This may lead them to look for alternative assets that yield higher returns,” he argued.

Whatever the case, the discussion of Bitcoin’s potential price highlights the dynamic story of Bitcoin and the broader cryptocurrency market.

next

Bitcoin news, cryptocurrency news, news

thank you!

You have successfully joined our subscriber list.

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Investors are the main level of support of the eyes.

June 6, 2025

Bitcoin prices slide again, causing new fear of deeper modifications.

June 5, 2025

The price is farther, and the investor of EDGE

June 5, 2025
Add A Comment

Comments are closed.

Recent Posts

Vortex uses NVIDIA Jetson to innovate medical imaging with CT-similar ultrasound.

June 6, 2025

2025 Best Free Cloud Mining

June 6, 2025

Sei Development Foundation: Use of US Innovation for Global Block Chain

June 6, 2025

Analyst Michaël Van de Poppe says Bitcoin is getting higher.

June 6, 2025

Does Ethereum start their business? MorningStar Candlestick Pattern tells the story

June 6, 2025

Solana’s Journey: Promotion of Challenge, Innovation and Speed

June 6, 2025

Ether Leeum’s imminent brake out in major chart patterns

June 6, 2025

Bittensor increases rapidly after 118 subnets in the $ 1,000 TAO price guess.

June 6, 2025

Bitcoin’s $ 100k drop in caught many merchants for many merchants.

June 6, 2025

As the ETF rises, Bitcoin Eye Major Rally -but this can ruin the party.

June 6, 2025

Secure the Treasury in the BNB chain and launch VANECK

June 6, 2025

Crypto Flexs is a Professional Cryptocurrency News Platform. Here we will provide you only interesting content, which you will like very much. We’re dedicated to providing you the best of Cryptocurrency. We hope you enjoy our Cryptocurrency News as much as we enjoy offering them to you.

Contact Us : Partner(@)Cryptoflexs.com

Top Insights

Vortex uses NVIDIA Jetson to innovate medical imaging with CT-similar ultrasound.

June 6, 2025

2025 Best Free Cloud Mining

June 6, 2025

Sei Development Foundation: Use of US Innovation for Global Block Chain

June 6, 2025
Most Popular

Bitcoin price is rallying as investors look for a return on money printing.

May 13, 2024

Notcoin linked to Telegram expected to rise 100% in price after burning 210 million NOT tokens

June 27, 2024

Is it too late to buy LEN? Len Sassaman price has surged 650% amid speculation that it is Satoshi Nakamoto and this could be the next cryptocurrency to explode.

October 6, 2024
  • Home
  • About Us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms and Conditions
© 2025 Crypto Flexs

Type above and press Enter to search. Press Esc to cancel.