Investing in Bitcoin (BTC) can be an excellent strategy, but it requires careful planning. Here is a practical guide focused on BTC:
1. Understand the current Bitcoin scenario • Uptrend or downtrend?: Check if BTC is in a bull market or bear market. • Halving: The next halving event (reduction in block reward) is scheduled for 2024, which historically increases the price in the long term due to the reduction in supply.
Which cryptocurrency is most worth investing in 2024?
With the rise of cryptocurrencies in recent years, they have become one of the most sought-after options for investors seeking significant returns. However, the market is volatile, and choosing the right cryptocurrency requires research and planning. Let’s explore the best options for 2024.
1. Bitcoin (BTC): The Digital Gold Bitcoin remains the main reference in the cryptocurrency market. • Why invest? • Greater global acceptance • Supply limited to 21 million coins, which creates scarcity and increases value over time.
The Bitcoin market is going through a dynamic moment in December 2024. Despite having reached a new all-time high of around US$ 104,000, the price is currently around US$ 97,000, showing signs of correction after a period of intense growth. This retraction is seen by analysts as a “cleansing” in the market, necessary to balance the recent speculative movements  .
Bitcoin is still up more than 22% in the last 30 days, with optimistic prospects for ending the year above US$ 100,000. Growing institutional demand, especially for Bitcoin ETFs, has been a positive factor, although recent fund outflows indicate short-term volatility  .
The forecast for the short term is consolidation, with the price possibly oscillating between US$ 88,000 and US$ 105,000, depending on selling pressure and market support. In the long term, Bitcoin continues to be a benchmark as a store of value and an attraction for institutional investors  .
If you are thinking about investing, it is important to consider volatility and follow market analyses. In addition, diversifying your portfolio can help manage risk. $BTC #TopCoinsDecember2024 #BecomeCreator