Some even predict a very promising future for investors of cryptocurrencieswhile others hope that it will fall again to very low levels and thus buy again.
What will happen to Bitcoin during 2024
According to various analysts, the price of Bitcoin can rise significantly. Others, however, are more cautious after the halving.
This process was the fourth in the history of the Bitcoin and, in all of them, it always caused the cryptocurrency to mark historical prices six months after it occurred.
Now, many analysts expect a new rise in the price of Bitcoinbut others assure that there could be great volatility in the short term, so they suggest caution to avoid significant losses.
Crypto Bitcoin increase.jpg
History “shows that there may be significant volatility around these events,” which would pose a “challenge” for short-term investors, according to a report from digital asset platform Bit2Me. Others assure that we must wait for the reaction of the cryptocurrency market and its main protagonist, the Bitcoin. While there is a third group that assures that a Bitcoin It could be worth $100,000 before the end of the year.
