The post When Bitcoin (BTC) Price Will Hit ATH? Analyst Predict Timeline appeared first on Coinpedia Fintech News
The year 2021 posed challenges for the crypto market, but analysts foresee the potential for all-time highs in the coming year, particularly for Bitcoin. The same analysts who predicted the 2021 market downturn are now optimistic for 2024, forecasting record highs for Bitcoin.
Pseudonymous analyst Dave the Wave, known for predicting the 2021 crypto market downturn, has now projected a positive outlook for Bitcoin. He anticipates that Bitcoin’s ongoing market correction and bearish trends will persist until year-end, followed by a favorable period for investors.
Bitcoin’s recent decline of over 11% this week breached the crucial $25,000 support level, triggering bearish sentiment among traders. Despite this, the star cryptocurrency boasts a market capitalization of $508 billion. Its trading volume has surged to approximately $9 billion, marking a 12.42% increase in the p
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