The onset of a US recession is anticipated in 2024, coinciding with the debut of the first spot Bitcoin ETFs. A substantial $2.4 billion is predicted to flow into these ETFs during Q1 2024, providing vital support to Bitcoin's price.
The 4th Bitcoin halving in 2024 is expected to bring minimal market disruption, paving the way for a post-halving surge in Bitcoin's value. This surge is anticipated to yield significant profits for certain low-cost miners.
Bitcoin is foreseen to reach an all-time high in Q4 2024, potentially catalyzed by political shifts and regulatory changes following a US presidential election.
While Ethereum is not projected to surpass Bitcoin in 2024, it is poised to outperform major tech stocks.
Following the implementation of EIP-4844, Ethereum Layer 2s are predicted to dominate the majority of EVM-compatible TVL (Total Value Locked) and trading volume.
The NFT sector is expected to experience a resurgence, reaching an all-time high. Ethereum is projected to lead, while Bitcoin gains traction through the Ordinals protocol, altering the ETH-to-BTC NFT issuance ratio to 3-1 by the close of 2024.
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