$BTC

$BTC Today, Bitcoin (BTC) is showing encouraging signs. Its price remains above $40,000, a level reached for the first time since April 2022. This progression reflects a renewed interest, in particular thanks to a continued decrease in BTC reserves on exchange platforms, which have reached their lowest level in 5 years. This reflects a desire of investors to hold their assets rather than sell them.

Furthermore, analysts predict a continuation of the bullish cycle in 2024, supported by growing demand via Bitcoin ETFs and favorable technical signals. Prices could vary between $50,000 and $80,000 by the end of the year, despite market volatility.

Finally, institutional interest in Bitcoin continues to grow, and some countries are even considering integrating it into their economic strategies, thus strengthening its legitimacy on the global stage.