LIVEBitcoin: Could BTC Hit $45K by the Start of 2024?
BTC Hit $45K by the Start of 2024?
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Crypto News
Bitcoin: Could BTC Hit $45K by the Start of 2024?
JP
JP
Bitcoin ETF
ETF
Bitcoin
BTC
Spot
SPOT
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TheBitTimes
By TheBitTimes
22m ago
•
4 mins read
Bitcoin: Could BTC Hit $45K by the Start of 2024?
Table of Contents
Spot Bitcoin ETF Approval Could Incite Climb to $45,000
The prevalence of the industry’s most prominent digital asset has been undeniable throughout the year. Yet, with investors swarming amidst talks of potential exchange-traded fund approval for this year, could Bitcoin (BTC) actually reach $45,000 by the start of 2024?
Following a false report of Spot Bitcoin ETF approval, the crypto surged across various platforms. Specifically, on Binannce’s BTC and USDT markets, the price had increased from $27.883 to $30,000 in just 30 minutes. Therefore, could that 7% rapid jump catapult the asset when approval comes to fruition?
Spot Bitcoin ETF Approval Could Incite Climb to $45,000
Bitcoin has always remained in a class of its own as far as digital assets are concerned. Indeed, crypto stands alone in terms of its overall mainstream appeal and recognition from those outside of the industry. Yet, it may be headed for a different stratosphere amid overall market changes this year.
Indeed, Bitcoin (BTC) could be on its way to $45,000 by the start of 2024. The bullish prediction is connected to the widely held b$BTC elief that Spot Bitcoin ETF approval is on the horizon. Specifically, experts like Mike Novogratz, Coinbase, and JP Morgan have stated their expectations for approval before the year ends.
