**Bitcoin Situation Prediction By the End of 2024**
Bitcoin (BTC), the world's leading cryptocurrency, is attracting the attention of investors and financial experts with predictions about its future by the end of 2024. Here are some of the factors major factors that could affect the value of Bitcoin at this time.
1. Investment Needs*
Increased interest from major financial institutions and individual investors could push BTC prices higher. If this trend continues, Bitcoin could reach a new record price by the end of 2024.
2. Global Monetary Policy
Loose monetary policies and high inflation in many countries could increase Bitcoin's appeal as a store of value. This could lead to a strong wave of investment in BTC.
3. Legal Regulations
Stability and clarity in cryptocurrency legal regulations globally will create a favorable environment for the development of Bitcoin. On the contrary, strict or unclear regulations can cause negative fluctuations.
4. Technology and Infrastructure
The development and improvement of blockchain technology, as well as Bitcoin-related services such as e-wallets and exchanges, will play an important role in increasing user and investor confidence.
5. Market Psychology
Investor sentiment, events such as widespread acceptance of Bitcoin in payments or halving events can also have a strong impact on prices.
Conclude
Accurately predicting Bitcoin price by the end of 2024 is a huge challenge due to the strong volatility of the cryptocurrency market.
