đHold on to your hats, BTC enthusiasts! đ© Bitcoin has been holding steady around the $60,000-$61,000 mark, but experts are predicting a surge towards $110,000 by late 2024 due to market trends and upcoming halving events. đ
The Titan of Crypto, a well-known analyst, has been observing the Fibonacci circles on Bitcoin's price chart and suggests that the cycle's top of almost $110,000 could occur by the end of 2024. đč "Itâs a conservative price prediction. I think itâll exceed it," he added.
Other analysts, like Mikybull Crypto and Captain Faibik, also have bullish forecasts. They believe that BTC is gearing up for a post-halving massive rally and that a breakout is just a matter of time. đ
However, not everyone is so optimistic. Michael van de Poppe predicts a price plunge to the $52,000-$55,000 range should BTC drop below the support zone of $61,000. đ±
In other news, Ripple's XRP has been in the spotlight due to the SEC's classification of its upcoming stablecoin as an "unregistered crypto asset." This comes amid an ongoing legal battle with the agency. đ„
Lastly, despite recent price drops, SHIB remains a popular topic with forecasts suggesting significant potential rallies. đ
Stay tuned for more exciting crypto updates! đ
