Analysts say three major factors will make 2024 a breakthrough year

Iravan774

Analysts say three major factors will make 2024 a breakthrough year for 2024

Analysts also point out, "The flow of Bitcoin ETFs may gradually increase, but applicants will strive to gain a leading position in this vast game of asset accumulation, strengthening advertising and Bitcoin brand promotion, thereby creating a snowball effect."
They anticipate that Bitcoin ETFs will see approximately $5 billion in inflows in the first half of 2024, reaching around $10 billion in the second half. By 2028, about 10% of Bitcoin may be held by ETFs.
Meanwhile, the Bitcoin halving could provide a boost. According to analysts, historically, in the months following a halving, the price of Bitcoin has typically experienced a significant increase.
Analysts also expect Exchange-Traded Funds (ETFs) investing in Ethereum to be approved in June this year. They note that Ethereum may be the only cryptocurrency, apart from Bitcoin, to have an ETF for direct investment.

Ritu77

This is also a possibility for a breakthrough.

Kamal531

Various factors are optimistic about it.

Kabir903

There should be no problem with this breakthrough.