“These are the boldest bitcoin predictions for 2024 — one calls for a 1,000% rally to $500,000”
January 3, 2024
“Bitcoin had a huge rally in 2023, with the digital currency up some 152% for the year… With fervor returning to the crypto markets, industry executives are calling the start of a new bull run, mainly predicated on two things — the bitcoin “halving” and the potential approval of a bitcoin exchange-traded fund in the U.S…
Meanwhile, there is growing excitement that the U.S. Securities and Exchange Commission will approve the first ever bitcoin ETF, after years of opposition. This would mean investors can buy a product that tracks the price of bitcoin, without having to go on to an exchange and hold the digital currency directly. The industry is hoping this will draw in a wider range of investors, and in particular, large institutional investors…”
https://www.cnbc.com/2024/01/01/bitcoin-btc-price-predicitions-for-2024.html