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Bitcoin is showing strong positions in the cryptocurrency market in the near future. Forecasts for the end of 2024 indicate a possible growth to $90,000, especially against the backdrop of events such as the approval of the Bitcoin ETF and the upcoming halving, which historically has a positive effect on the price of the asset. In addition, the development of the second level of technologies for bitcoin also contributes to an increase in its value.
Since the beginning of 2024, the bitcoin rate has already crossed the $73,000 mark, and analysts expect further growth until the end of the year. In the short term, in October, movement in the range of $64,000-$65,000 is expected. However, more global forecasts suggest a continuation of the "bullish" trend in the coming months, with the possibility of short-term corrections.
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Despite the strong outlook, investors should take into account possible market fluctuations and approach investments strategically. It is important to monitor the news and factors such as market regulation and the level of cryptocurrency adoption, which can affect further price movement.