Will Bitcoin Reach 100K? Experts Say BTC Price Prediction for 2024

As Bitcoin (BTC)
trades near record highs in 2024, the cryptocurrency market watches with strong
positive sentiment as BTC inches closer to the coveted $100,000 mark. Since its
inception in 2009, Bitcoin has seen dramatic price movements, but the current
bull market suggests a six-figure price target is within reach. What is more,
it can happen in the next few weeks.

The crypto
industry has witnessed unprecedented growth, with Bitcoin reaching a new
all-time high of $93,495 on Wednesday, according to Coinbase data. Contributing
to Bitcoin’s surge are multiple factors, including Trump’s presidential victory
and BlackRock’s institutional involvement. The spot Bitcoin ETFs have seen
record inflows, demonstrating growing interest from both retail investors and
institutional investors.

Bitcoin has had an impressive run in 2024, gaining
nearly 30% in recent weeks and surpassing $93,000. Analysts from various crypto
and financial research firms have shared predictions on Bitcoin’s price for
year-end and beyond, fueled by the recent rally and favorable economic
conditions.

Ryan Lee of Bitget Research believes the
cryptocurrency’s November momentum could propel it past $100,000, citing
historical patterns and post-halving cycle trends.

“If history repeats itself, Bitcoin’s projected growth
could take it well above $100,000 by month-end,” Lee remarked.

Expert Analysis and Year-End Predictions

Meanwhile, Bitfinex analysts attribute Bitcoin
Bitcoin

While some may still be wondering what is Bitcoin, who created Bitcoin, or how does Bitcoin work, one thing is certain: Bitcoin has changed the world.No one can remain indifferent to this revolutionary, decentralized, digital asset nor to its blockchain technology.In fact, we’ve gone a long way ever since a Florida resident Laszlo Hanyecz made BTC’s first official commercial transaction with a real company by trading 10,000 Bitcoins for 2 pizzas at his local Papa John’s.One could now argue that

While some may still be wondering what is Bitcoin, who created Bitcoin, or how does Bitcoin work, one thing is certain: Bitcoin has changed the world.No one can remain indifferent to this revolutionary, decentralized, digital asset nor to its blockchain technology.In fact, we’ve gone a long way ever since a Florida resident Laszlo Hanyecz made BTC’s first official commercial transaction with a real company by…