1 Overview

Bitcoin exists for minimal value speculation, so it will not disappear. However, the digital currency market in 2024 will be affected by many factors, including international political dynamics, technological development, policy supervision, etc. The following is a forecast and investment advice on the trend of digital currencies in 2024.

2. Prediction

2.1 Favorable factors

  1. BTC ETH Spot ETF

  2. Bitcoin halving in May 2024

  3. US election in November 2024

  4. In April 2024, FTX compensated users (total compensation of USD 9 billion), and users held these funds and poured them into the market.

  5. Ethereum Cancun upgrade and token issuance boom

  6. The AI ​​big model has once again set off the Internet, causing people to speculate anxiously

  7. Hong Kong compliance, Chinese money flowing in as China loosens its stance on Bitcoin

  8. The interest rate hike cycle is about to end, followed by a rate cut

2.2 Negative factors

  1. FTX sells 100 million (a total of 3 billion USD) digital currencies every week (expected to be sold out by April 24)

  2. Mentougou goes bankrupt and liquidates, 140,000 BTC will flow into the market before October 2024 (worth 5 billion USD)

  3. SEC May Define All Tokens Except BTC as Securities

  4. The US and the world are likely to fall into recession as interest rates continue to rise

  5. USDT mechanism is not transparent and has collapsed

3. Investment advice

  1. Fixed investment: According to the historical chart, the bull market will last from 2 months to 1 year before the presidential election (synchronized with the halving). Based on this prediction, the bull market will start in September 24, and you can start to invest weekly from today.

  2. DeFi: Defi infrastructure, high-performance public chain. It is expected that this year's bull market will see Binance release the Web3 wallet and the Base chain supported by Coinbase go online. DeFi will receive more traffic than last year, and some high-performance public chains can be deployed.

  3. AI: With the development of AI technology, large AI models may cause people's anxiety and become a new investment hotspot.

You need to make wise investment decisions based on your own investment goals, risk tolerance and other factors, combined with market dynamics. Finally, I wish every reader can achieve financial freedom in 2024. 🎉🎉🎉🎉

#2024趋势 #2024年龙头赛道 #减半