December 18th Exciting surprises await: A peek into Bitfinex Alpha’s 2024 outlook
On Bitfinex Alpha
In lieu of today’s usual Bitfinex Alpha Report, analysts are diligently putting together a report. Bitfinex Alpha Special Edition, published on Thursdays. This will be our outlook for 2024. Get ready to learn more about predictions and trends for the coming year.
Here’s what you can expect from this special edition:
Cryptocurrency and Bitcoin Adoption Revealed:
What is the expected path for Bitcoin adoption? How will El Salvador develop and who will be next? How is adoption going in Lugano and around the world? Can Google Search Trends help predict market entry points for retailers?
Bitcoin Long Term Indicators:
What are the important market cycle indicators to keep an eye on? In 2023 Bitfinex Alpha We have successfully captured the transition from “early bullishness” to “late bearishness” in 2022 and early 2023. What indicators should we watch out for in 2024?
We also explore the evolution of the currency, analyze Gartner’s hype cycle, and explore Bitcoin’s correlation and historical cycles against gold, SPX, and NASDAQ.
We provide an in-depth look at the cryptocurrency derivatives market, analyze the latest futures clearing figures, and provide insights into the expected market volatility in 2024. We also look at the cryptocurrency options market and how it will impact the Bitcoin market in 2024.
Macroeconomic outlook for 2024:
We provide our views on the macroeconomic outlook. We look at how key economic sectors have developed in 2023 and explore the 2023 rate hike cycle to form expectations for interest rates in 2024.
News and other developments for 2024:
The news agenda will be dominated early this year by the SEC’s regulatory actions and decisions on several applications to issue Bitcoin spot exchange-traded funds. We also analyze the upcoming halving and discuss how this and other news events could affect prices.
We also look at popular layer 1 applications and games that are generating a lot of excitement in the market, and various stories that are making a mark in cryptocurrencies, from Liquid Stake derivatives to artificial intelligence.
Counter narrative:
We also pay attention to left-wing events that could disrupt Bitcoin’s momentum, such as a macroeconomic recession, housing crisis, and the consequences of ETF rejection.
Beyond that, we explore the concept of Bitcoin market cap saturation to answer a fundamental question: is there enough demand and inflow of capital to push the market to new highs?
Are you ready to take analysis beyond the ordinary? Mark your calendars and stay tuned for Thursday’s Bitfinex Alpha Special Edition. Here we unravel the mysteries and opportunities that lie ahead in 2024. Prepare to navigate the future with confidence and insight.