Cryptocurrency

2024

Bitcoin

David

<p style="text-align: justify">You can also read this news on COINTURK NEWS: <a href="https://en.coin-turk.com/expectations-for-growth-in-cryptocurrency-markets-remain-high/" data-wpel-link="internal">Expectations for Growth in Cryptocurrency Markets Remain High</a><br></p>
<p style="text-align: justify"><strong><a href="https://coin-turk.com/mike-novogratz-piyasa-dususunu-kisa-vadeli-dalgalanma-olarak-nitelendirdi" data-wpel-link="internal">Cryptocurrency</a></strong> markets are entering a period fraught with uncertainties as the next halving approaches. In light of historical data, increasing expectations of a bull run after the halving are strengthening market participants’ speculations. However, among these speculations, a new Wall Street expectation adds more rising potential to the crypto markets.</p> 
<h2 style="text-align: justify" id="high-expectations-for-growth-in-cryptocurrencies">High Expectations for Growth in Cryptocurrencies</h2> 
<p style="text-align: justify">Goldman Sachs strategists continue to support their year-end forecast level of 5,200 for the S&amp;P 500 index. They also discuss a potential 15% increase scenario for the index of tech giants. Led by David Kostin, the strategists maintain their projections because they note that the markets have already priced in factors such as interest rates and economic growth.</p> 
<p><img loading="lazy" loading="lazy" decoding="async" class="wp-image-332455 size-full aligncenter" src="https://coin-turk.com/wp-content/uploads/2024/03/goldman-sachs-coin-turk-com-.jpg" alt="" width="620" height="349"></p> 
<p style="text-align: justify">However, based on uncertain values, analysts are also considering alternative scenarios. A potential 15% increase in technology stocks could lead to fluctuations in the crypto markets. Typically, technology stocks give an idea about investors’ appetite for risk. An increase in technology stocks, considered growth stocks, indicates the likelihood of holding a broad portfolio.</p> 
<h2 style="text-align: justify" id="will-the-crypto-market-bull-run-continue">Will the Crypto Market Bull Run Continue?</h2> 
<p style="text-align: justify">The year 2024 witnessed an exciting bull run in the cryptocurrency market. Although there have been some pullbacks, it is too early to say that this bull run is coming to an end. Particularly with <a href="https://en.coin-turk.com/anticipation-for-u-s-secs-approval-of-bitcoin-etfs-in-2024/" data-wpel-link="internal">Bitcoin</a> surpassing the $70,000 level, the market’s rise has been beyond predictions and quite remarkable. However, the question now is: How is this rise different from the previous ones?</p> 
<p style="text-align: justify">Firstly, the increasing number of cryptocurrency platforms and Bitcoin ETFs allows both individual and institutional investors to easily benefit from this bull run. Investing in crypto assets has become more accessible, attracting new participants to the market.</p> 
<p style="text-align: justify">However, one of the main factors in this rise is related to developments in traditional financial markets. Growth in stocks, expected interest rate cuts, and Bitcoin’s halving are factors that could increase the potential for the cryptocurrency bull run to continue and strengthen.</p> 
<p style="text-align: justify"><strong><a href="https://en.coin-turk.com/cryptocurrency-surge-benefits-investors-ignites-interest-in-decentralized-exchanges/" data-wpel-link="internal">Cryptocurrency</a></strong> Bitcoin’s halving means a reduction in market supply, which could support a tendency for prices to rise. Additionally, uncertainties in traditional financial instruments could increase investors’ interest in cryptocurrencies.</p> 
<h5><span style="font-weight:bold;font-size:16px">The post first appeared on COINTURK NEWS: </span> <a href="https://en.coin-turk.com/expectations-for-growth-in-cryptocurrency-markets-remain-high/" data-wpel-link="internal">Expectations for Growth in Cryptocurrency Markets Remain High</a></h5>

Expectations for Growth in Cryptocurrency Markets Remain High

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