Bitcoin (BTC) Starts the New Year on a Bullish Note

Bitcoin (BTC) Starts the New Year on a Bullish Note

Bitcoin has started 2024 with a notable achievement, reaching a new annual high of $43,500 on the Bitstamp exchange. The world’s largest cryptocurrency is up approximately 3% in the last 24 hours.

Bitcoin has started 2024 with a notable achievement, reaching a new annual high of $43,500 on the Bitstamp exchange. The world’s largest cryptocurrency is up approximately 3% in the last 24 hours.

Bitcoin’s remarkable price journey

The last decade has been nothing short of a rollercoaster for Bitcoin, marked by unprecedented and notable highs and lows.

Since 2009, Bitcoin was virtually worthless, a novel concept untested in the financial markets.

However, as the years passed, its value experienced exponential growth. During the period between 2010 and 2017, the price of the largest cryptocurrency jumped from mere cents to over $14,000.

Related
“The best Monero ad imaginable” shared by a prominent developer

The following years were a testament to the unpredictable nature of Bitcoin. A dramatic decline occurred in 2018, with a sharp drop in prices, followed by a gradual recovery in 2019 and 2020.

The year 2021 was a milestone year as Bitcoin hit an all-time high, driven by increased institutional adoption and widespread acceptance. However, this peak was short-lived as the following years saw major corrections in 2022.

In 2023, Bitcoin managed to recover, increasing by more than 150%.

High hopes for 2024

As the year 2024 begins, predictions for Bitcoin’s future are mixed. On the conservative side, Mark Mobius suggests a potential price of $60,000. On the more bullish side, CoinFund predicts an increase of up to $500,000.

The possible approval of a Bitcoin ETF adds to the conversation, and some like Michael Saylor see it as a fundamental development. However, others, including CryptoQuant analysts, warn of potential post-approval volatility.

Leave a Reply

Your email address will not be published. Required fields are marked *

Best Exchanges
Buy, trade, and hold 600+ cryptocurrencies on Binance
Buy, trade, and hold 450+ cryptocurrencies on ByBit
Buy, trade, and hold 150+ cryptocurrencies on Kucoin
Buy, trade, and hold 100+ cryptocurrencies on BitFinex 
Buy, trade, and hold 150+ cryptocurrencies on CoinBase

Guru Investing is an independent source of information about investing , not controlled by any broker. All our reviews and guides are created honestly, according to the best knowledge and judgement of the members of our independent expert team; however, they are intended for informative purposes only and should not be construed as, nor relied upon as, legal advice. You should always make sure that you meet all regulatory requirements before making any financial operations . Copyright ©2024 Email for contact [email protected]
follow telegram
pornhd.com hindisexyporn.com kashmiri girls sex jayasex indaporn.info desi bhabi xxx xlnindia sexo-vids.com 1st time sex video たかはししょうこ動画 javfuck.mobi 真正中出し3本番 彩乃なな sex film sexy film xxxhindividoes.com xnxx indian teens
ano nga ba ang pangarap iwantmoreteleserye.com hello heart episode 3 reshma hot saree images nuporn.mobi xvidies com bihar chudai tubezaur.mobi heroine photo hot dasixx hardcoreporntrends.com ileana d'cruz hot photoshoot www.xxxsexvideo.com xbeegtube.mobi hindi movi
www sxe vidoes erohardcore.info boops sucking dehati fuck kitporn.info chuk chuk rail fuckcomix.com mojoporntube.net gujaratisexvidio probinsyano october 18 2021 full episode freeteleseryetv.net ang probinsyano july 14 2022 قصص سكس كرتون cmsextra.net سكس بنات تخينة