From now until the end of 2024, the Bitcoin (BTC) price trend is expected to continue to fluctuate, with both positive and risky factors affecting the market.$BTC

Burst factors:

1. Halving event in April 2024: This event often leads to a reduction in supply and an increase in Bitcoin price after a few months. Many experts expect that BTC price will be able to reach new highs in the coming months.

2. Bitcoin ETF: The approval of Bitcoin ETFs in the US has created a large inflow of money from institutional investors, which is likely to maintain the upward trend of BTC price.

3. Monetary policy: The US Federal Reserve (Fed) is expected to cut interest rates in November, which could create a positive wave for the cryptocurrency market.

Bearish Factors:

1. Market Sentiment: Despite the positive expectations, some technical analysis indicates that BTC may decline slightly by the end of the year, with the possibility that BTC price may hit a low of around $60,783 in December.

2. Market Correction: After a strong rally, the market may face selling pressure from investors taking profits, which may cause short-term corrections.

Overall, experts predict that Bitcoin price will fluctuate between $60,000 and $90,000 between now and the end of the year, with the prospect of further price increases if favorable factors continue.