Bitcoin is on fire! A popular crypto analyst, Michaël van de Poppe, believes Bitcoin could skyrocket to $100,000 by the end of 2024.
What’s driving this prediction? Van de Poppe says the Federal Reserve cutting interest rates and a surge in global liquidity are good news for Bitcoin and other cryptocurrencies. He also points to the recent rise in gold and silver prices as a positive sign.
Bitcoin’s recent breakout above $65,000 has put it on track to break its all-time high of around $74,000, according to the analyst. He’s also bullish on altcoins, predicting they could double in value in the coming months.
Van de Poppe’s prediction:
- Bitcoin: Could trade between $90,000 and $100,000 by the end of the year.
- Altcoins: Expected to continue their upward trend, with significant gains in the next six months.
Important Note:
This is just one analyst’s opinion. Remember, investing in crypto is risky, so always do your own research before making any decisions. /p>
