Analysts predict price crisis for Bitcoin in 2024

The fluctuations and stagnation in the value of Bitcoin suggest, according to Seth Fin analysts, that 2024 will be a year of crisis for the cryptocurrency

The cryptocurrency analyst company Seth Fin, taking into account the fluctuations that the price of Bitcoin has had in recent months, predicts what they define as a “storm” in 2024.

The firm noted on its account on the social network

But concern about a severe crisis extends to 2025, taking into consideration, according to analysts, the liquidity of Blackrock, Fidelity, JPM, Goldman Sachs, among others, as well as the fact that EU banks will be able to invest 2 % of your total capital in Bitcoin.

The main cryptocurrency in the market has suffered radical ups and downs so far in 2023. However, there are more positive opinions, such as that issued by crypto analyst CredibleCrypto, “who believes that the dominance of BTC that breaks its local bearish trend while maintains its longer-term upward trend is a bullish signal.”

According to this analyst, the Bitcoin rebound is closer than you think, “just around the corner.”


Source: morocotacoin

(Reference image source: Unsplash, in collaboration with Alexander Mils)

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