2024

<p>Veteran crypto analyst <strong>Miles Deutscher</strong> <a href="https://twitter.com/milesdeutscher/status/1741845216032882750" target="_blank" rel="noopener noreferrer nofollow">published</a> his annual set of crypto market predictions for 2024 on X this week. He looked back on his 2023 predictions, noting successes like accurately calling breakouts for Coinbase, Solana, and Bitcoin, while acknowledging misses on Ethereum and regulatory concerns.</p>
<p>Deutscher explained that with another year’s worth of experience and insights, he was ready to take an updated stab at predicting key crypto trends for 2024:</p>
<h2 class="wp-block-heading" id="massive-year-for-airdrops">Massive Year for Airdrops</h2>
<p>Deutscher expects 2024 to see the largest ever number of major crypto airdrops yet, with projects like LayerZero, zkSync, Manta, Linea, Wormhole, and various Cosmos ecosystem tokens approaching distribution. He hints that an upcoming “2024 mega airdrop guide” will break down these opportunities.</p>
<h2 class="wp-block-heading" id="ethereum-comeback-versus-bitcoin">Ethereum Comeback Versus Bitcoin</h2>
<p>Despite bleeding against Bitcoin throughout most of 2023, Ethereum may be ready for a narrative shift, Deutscher believes. Catalysts like the ETH ETF and Shanghai upgrade could drive renewed relative outperformance.</p>
<h2 class="wp-block-heading" id="continued-regulatory-pressure">Continued Regulatory Pressure</h2>
<p>While the crypto industry has seen some regulatory relief with a spot Bitcoin ETF approval and Binance settlement, Deutscher cautions that bodies like the SEC likely aren’t done trying to assert crypto oversight yet in 2024.</p>
<h2 class="wp-block-heading" id="bitcoin-drops-20-from-highs">Bitcoin Drops 20% From Highs</h2>
<p>Even in an overall bullish year, Bitcoin historically sees ~30%+ drawdowns. Deutscher sees potential for at least a 20% BTC pullback in 2024, perhaps in H1, to shake out weak hands.</p>
<h2 class="wp-block-heading" id="breakout-crypto-game">Breakout Crypto Game</h2>
<p>On the heels of billions in crypto gaming investments, 2024 may finally see a high-profile hit title emerge, Deutscher predicts. This could massively boost interest in blockchain gaming.</p>
<h2 class="wp-block-heading" id="explosive-growth-in-ai-cryptos">Explosive Growth in AI Cryptos</h2>
<p>Crypto projects leveraging <a class="wpil_keyword_link" href="https://captainaltcoin.com/best-ai-crypto-projects/" title="AI" data-wpil-keyword-link="linked" target="_blank" rel="noopener noreferrer nofollow">AI</a> represent an exciting narrative that’s gathering steam. Deutscher expects major token launches and price pops in this sector throughout 2024 due to retail appeal.</p>
<div class="wp-block-rehub-colortitlebox rh-colortitlebox" style="text-align:left;border-radius:5px;box-shadow:0 10px 10px #00000007;background-color:#fafafa;color:">
 <div class="rh-colortitle-inbox" style="background-color:var(--rehub-main-color);color:#fbfbfb;border-radius:5px 5px 0 0"><i class="rhicon rhi-bolt-regular rh-colortitlebox-icon" style="color:"></i>
  <div class="rh-colortitle-inbox-label">
   Don’t Sleep on this Explosive Crypto Airdrop!&nbsp; <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f92b.png" alt="🤫" class="wp-smiley" style="height: 1em; max-height: 1em;">
  </div>
 </div>
 <div class="rh-colortitlebox-text">
  <style scoped>.rh-toggler-open{height:auto !important}
.rh-toggler-open .rh-tgl-show, .rh-toggler-open .rh-tgl-grad{display:none !important}
.rh-toggler-open .rh-tgl-hide{display:block !important}
.rh-tgl-show, .rh-tgl-hide{cursor:pointer}
.rh-contenttoggler *{box-sizing: border-box !important}
.rh-toggler-wrapper{overflow: hidden;transition: all 0.5s ease; padding-bottom: 35px; margin-bottom:30px;box-sizing: content-box !important;position: relative;}
.rh-toggler-wrapper p:last-of-type {margin-bottom: 0;}</style>
  <div class="wp-block-rehub-contenttoggler rh-contenttoggler" data-height="100px">
   <div class="rh-toggler-wrapper" style="height:100px">
    <p>Install the <a class="thirstylink" rel="noopener noreferrer nofollow" target="_blank" title="Getgrass" href="https://captainaltcoin.com/go/getgrass/" data-shortcode="true"><strong>GetGrass extension</strong></a> ASAP – the more points you score, the bigger your free crypto payoff! This red-hot airdrop could set you up for the future, but only if you <strong><a href="https://captainaltcoin.com/go/getgrass/" target="_blank" rel="noopener noreferrer nofollow">take action</a></strong> right now!</p> <span class="rh-tgl-trigger" style="text-align:center;position:absolute;z-index:2;bottom:0;left:0;width:100%;color:"><span class="rh-tgl-show" style="display:block">Show more +</span><span class="rh-tgl-hide" style="display:none">Show less –</span></span><span class="rh-tgl-grad" style="background-image:linear-gradient(to bottom,rgba(255,255,255,0) 0,#ffffff 100%);display:block;position:absolute;height:100px;bottom:0;left:0;z-index:1;width:100%"></span>
   </div>
  </div>
 </div>
</div>
<h2 class="wp-block-heading" id="cosmos-dominance-grows">Cosmos Dominance Grows</h2>
<p>The analyst has become increasingly bullish on Cosmos over time, expecting its ecosystem to drive major DApp launches and capture greater user/TVL market share next year.</p>
<h2 class="wp-block-heading" id="modularity-parallelization-trends-take-off">Modularity &amp; Parallelization Trends Take Off</h2>
<p>On the tech side, Deutscher sees modular blockchain architectures (Celestia, Manta) and parallelized scaling (Monad, Eclipse) as key developments to monitor in 2024.</p>
<h2 class="wp-block-heading" id="bitcoin-ordinals-take-off">Bitcoin Ordinals Take Off</h2>
<p>Naming convention Bitcoin forks like BTC-20 should rank among the top hype cycles, according to Deutscher, as this early niche gains more mainstream traction.</p>
<h2 class="wp-block-heading" id="dex-volumes-overtake-cexs">DEX Volumes Overtake CEXs</h2>
<p>Drivers like regulation, improved DEX UX, and deepening liquidity may finally allow decentralized exchanges to surpass centralized players in 2024 volume, Deutscher predicts.</p>
<p>In summary, Deutscher sees 2024 as a continuation of broad crypto adoption and development trends, albeit still with volatility. He looks forward to revisiting these predictions in a year to assess his accuracy.</p>
<p>You may also be interested in:</p>
<ul>
 <li><a href="https://captainaltcoin.com/ethereum-price-has-clear-path-ahead-as-eth-eyes-2700-according-to-crypto-analyst-heres-his-outlook/" target="_blank" rel="noopener noreferrer nofollow">Ethereum Price Has “Clear Path Ahead” as ETH Eyes $2,700 According to Crypto Analyst – Here’s His Outlook</a></li>
 <li><a href="https://captainaltcoin.com/heres-the-recap-of-2023-in-the-crypto-and-bitcoin-industry/" target="_blank" rel="noopener noreferrer nofollow">Here’s the Recap of 2023 in the Crypto and Bitcoin Industry</a></li>
 <li><a href="https://captainaltcoin.com/ripple-xrp-vs-cardano-ada-the-battle-for-1-how-meme-moguls-mgls-is-revolutionizing-meme-coins/" target="_blank" rel="noopener noreferrer nofollow">Ripple (XRP) vs. Cardano (ADA): The Battle for $1, How Meme Moguls (MGLS) is Revolutionizing Meme Coins</a></li>
</ul>
<div class="bigofferblock margincenter mb30 pt20 pl20 pr20 " style="">
 <div class="col_wrap_two mb0">
  <div class="offerbox_big_wrap flowhidden">
   <div class="image position-relative text-center col_item mobileblockdisplay img-maxh-350 img-width-auto"><a class="re_track_btn" href="https://captainaltcoin.com/go/etoro/" target="_blank" rel="noopener noreferrer nofollow"> <img decoding="async" class="lazyload" data-skip-lazy="" data-src="https://captainaltcoin.com/wp-content/uploads/thumbs_dir/etoro-ca-1-oyc386si1bdrmhrff7xex5ngu4zikfy3ei6bk0rbb6.png" width="500" alt="We recommend eToro" src="https://captainaltcoin.com/wp-content/themes/rehub-theme/images/default/blank.gif"> </a>
   </div>
   <div class="product-summary col_item mobileblockdisplay">
    <h3 class="product_title entry-title font150 lineheight25 mb30" id="a-class-re_track_btn-href-https-captainaltcoin-com-go-etoro-target-_blank-rel-noopener-noreferrer-nofollow-span-we-recommend-etoro-span-a"><a class="re_track_btn" href="https://captainaltcoin.com/go/etoro/" target="_blank" rel="noopener noreferrer nofollow"> <span>We recommend eToro</span> </a></h3>
    <div class="rev_disclaimer font70 greencolor lineheight15 mb20"><strong>74% of retail CFD accounts lose money.</strong>
    </div>
    <div class="buttons_col mb25 rh_big_btn_inline">
     <div class="priced_block clearfix">
      <div><a class="re_track_btn btn_offer_block" href="https://captainaltcoin.com/go/etoro/" target="_blank" rel="noopener noreferrer nofollow"> Visit eToro Now </a>
      </div>
     </div>
    </div>
    <div class="bigofferdesc"><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>Active user community and social features like news feeds, chats for specific coins available for trading. <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>Wide range of assets: cryptocurrencies alongside other investment products such as stocks and ETFs. <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>Copy trading: allows users to copy thetrades of leading traders, for free. <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>User-friendly: eToro’s web-based platform and mobile app are user-friendly and easy to navigate. <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>eToro offers staking for certain popular cryptocurrencies like ETH, ADA, XTZ etc.
    </div>
   </div>
  </div>
 </div>
</div>
<p>The post <a href="https://captainaltcoin.com/analyst-releases-10-predictions-for-bitcoin-and-crypto-market-in-2024/" rel="noopener noreferrer nofollow">Analyst Releases 10 Predictions for Bitcoin and Crypto Market in 2024</a> appeared first on <a href="https://captainaltcoin.com" rel="noopener noreferrer nofollow">CaptainAltcoin</a>.</p>

Analyst Releases 10 Predictions for Bitcoin and Crypto Market in 2024

Table of Contents

CaptainAltcoin

Andre artikler udgivet 2. jan. 2024

The Crypto Space Can Revolutionize This Year With Bitcoin Surge

Stake Secures Naming Rights for Sauber’s Formula 1 Car in Multi-Year Deal

Remarkable Profit from Strategic Bitcoin Trades

Dollar’s decline? 25 countries gear up to join BRICS in 2024

AGIX Price Prediction: Will SingularityNET Show Range Expansion?

Solana (SOL) Price Shows Resilience; Analyst Highlights Potential Upside to This Level

Join our free newsletter for daily crypto updates!