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Price prediction January 2024
In a report from Deutsche Bank, investors anticipate bitcoin at $20,000 by the end of 2024. Currently, it is trading around $40,000. The fall would be severe.
Since the arrival of spot bitcoin ETFs on the market, bitcoin has continued to fall. At 11:00 a.m. this Friday, bitcoin is trading just above $40,000, after coming close to $50,000 in mid-January. More and more experts are worried about a much more severe correction in 2024.
A bitcoin price halved?
German bank Deutsche Bank surveyed 2,000 people on the impact of these spot bitcoin ETFs on the market in 2024. According to this study, more than a third of respondents say that bitcoin will fall below $20,000 by the end of the year. This is a dark scenario for the price of the queen of cryptocurrencies for 2024.
it is when articles like these are written that I strengthen my positions
