How high can the Bitcoin price go by 2024?
Predicting the future price of Bitcoin is notoriously difficult
Some analysts are very optimistic, with predictions ranging from
$80,000 to even $100,000
by the end of 2024
More and more people and institutions are investing in Bitcoin, driving up demand.
Bitcoin has a limited number of coins that can be created, potentially increasing its value.
In April 2024, the number of new Bitcoins created will be cut in half, further tightening supply.
Others take a more cautious approach, suggesting Bitcoin could reach
$60,000 to $75,000
by 2024.
It's important to remember that the cryptocurrency market is volatile, meaning prices can swing dramatically.
– There's no guaranteed answer to how high Bitcoin can go.