Bitcoin to hit $100K in 2024. 📈 Goal or empty promise❓🤨
Volatility and the lack of a clear uptrend make it difficult to predict whether Bitcoin will hit $100,000 in 2024.
•Resistance at the all-time high: Bitcoin has repeatedly crashed into its all-time high, forming a ceiling that prevents a significant advance.
•Declining highs: The inability to break through the all-time high and the formation of increasingly lower highs suggest a possible downtrend.
•External uncertainty: External factors such as inflation and monetary policies generate volatility and distrust in investors.
•Waiting for a clear signal: Investors are waiting for a signal that indicates a clear uptrend before making decisions.
In conclusion, given the current situation, it is difficult to say with certainty that Bitcoin will hit $100,000 in 2024. A breakout of the current resistance and a stronger uptrend are needed to support such a prediction.
