Posted 12/16/2023, 8:21:54 AM
Bitcoin Price Prediction: $75,000 by 2024 on Horizon Due to Perfect Storm of Catalysts
- Bitcoin's price surge has slowed recently, but analysts foresee a strong 2024
- Woo Network predicts Bitcoin could reach $75,000 by early 2024 due to increasing demand and the halving event
- Factors like a possible Bitcoin spot ETF, 2024 halving event, and potential Fed rate cuts are creating a "perfect storm"
- Bitcoin saw $860 million in net inflows last week, the highest since March
- After rallying 71% between September and December, the crypto market has retracted somewhat this month