April 23, 2024$BTC



By Lara Abdulmalak

April 23, 2024

Bitcoin price likely to hit $100,000 mark in 2024, experts say

The 100k mark is simply a matter of when, not if



Institutional acceptance and the halving event are being seen as major drivers

The million-dollar question on the mind of every crypto enthusiast, investor and trader is whether the price of Bitcoin will hit or exceed $100,000 before the end of 2024.

When the market was bullish, which it has not been for the past few days, traders, experts and analysts seemed confident that Bitcoin would reach $100,000 and even higher. It is noteworthy that Bitcoin had risen more than 100 percent in the last 12 months.

On March 14, 2024, Bitcoin reached an all-time intraday high of $73,835.57, spurring the sentiment towards the 100K mark. This week Bitcoin has dived below 60K.

The question on the minds of many is the direction of the price of Bitcoin.