Bitcoin analysis $BTC
expected to increase by 70%
Mark Mobius - Founder of Mobius Capital Partners
Predicts Bitcoin could reach $60,000 by end of 2024
Cites potential Bitcoin ETF sparking increased interest
Wu Yong - Senior Economist at Bit Mining
Forecasts Bitcoin price ranging from $25K-$75K in 2024 and $45K-$130K in 2025
Points to Bitcoin ETF prospects and the 2024 halving driving constrained supply
James Butterfill - Head of Research at CoinShares
Sees Bitcoin hitting $80K driven by Bitcoin ETF approvals
Notes this could expand crypto investor base and integrate with traditional finance
Antony Trenchev - Co-Founder of Nexo
Expects Bitcoin could reach $100K in 2024
Highlights the halving and multiple potential Bitcoin ETF approvals
Standard Chartered Bank
Increased its Bitcoin price forecast to $100K in April 2024
Cites multiple potential ETF approvals driving gains
Carol Alexander - Finance Professor at University of Sussex
Predicts Bitcoin between $40K-$55K in Q1 2024 and then above $70K and $100K after settlement on SEC charges against crypto firms
These experts provide analysis on how macro factors like inflation and interest rates as well as crypto-specific events like the halving and Bitcoin ETF approvals could drive substantial Bitcoin price appreciation in 2024.
$BTC #BTC
