2024

Bitcoin

<p style="text-align: justify">You can also read this news on BH NEWS: <a href="https://en.bitcoinhaber.net/bitcoin-targets-new-highs-as-experts-predict-price-surge" rel="noopener noreferrer nofollow">Bitcoin Targets New Highs as Experts Predict Price Surge</a><br></p>
<p style="text-align: justify"><a href="https://en.bitcoinhaber.net/market-stirs-with-fake-bitcoin-etf-approval-news" rel="noopener noreferrer nofollow">Bitcoin</a>‘s current market performance shows a strong stance above $45,000, with potential buyers at higher levels. The upcoming weekly close is pivotal, as maintaining prices above $45,000 could pave the way for further gains, according to technical analyses. CryptoQuant CEO Ki Young Ju, a prominent figure in on-chain data analysis, shares insightful projections for Bitcoin in 2024, drawing on both current market trends and past data.</p>
<h2 id="projection-spotlight-aiming-high-in-2024">Projection Spotlight: Aiming High in 2024</h2>
<p style="text-align: justify">The crypto industry places significant trust in insights from experts like Ki Young Ju. His optimistic forecast for Bitcoin’s peak in 2024 hinges on the increasing investor interest, with non-GBTC ETF issuers now holding over $10 billion in Bitcoin. Ju’s analysis suggests a substantial potential for growth in the coming years.</p>
<h2 id="yearly-targets-for-bitcoin-s-value">Yearly Targets for Bitcoin’s Value</h2>
<p style="text-align: justify">With daily outflows from GBTC decreasing, and consistent inflows into other ETFs, the community’s confidence is surging. Ju predicts that Bitcoin could hit the $112,000 mark this year if ETF inflows persist, or drop to a minimum of $55,000. His forecast is backed by substantial monthly ETF investments of $9.5 billion, which could annually elevate Bitcoin’s market cap substantially.</p>
<p style="text-align: justify">Investors are eyeing the possibility of Bitcoin reaching triple digits as market dynamics shift positively in the new month. February has seen a reduction in investor caution, setting an accelerated pace for potential market advances and raising anticipation for a bullish run in the cryptocurrency’s value.</p>
<h5><span style="font-weight:bold;font-size:16px">The post first appeared on BH NEWS: </span> <a href="https://en.bitcoinhaber.net/bitcoin-targets-new-highs-as-experts-predict-price-surge" rel="noopener noreferrer nofollow">Bitcoin Targets New Highs as Experts Predict Price Surge</a></h5>

Bitcoin Targets New Highs as Experts Predict Price Surge

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