Bitcoin price today is up 0.20% and trades at $95,700, down 11.29% from its all-time high of $108,421.6. With the 2024 year coming to an end, let’s explore whether BTC price will hit $100K again in 2024.
Will Bitcoin Price End 2024 Positively?
With the Fed’s hawkish comments after the FOMC meeting, Bitcoin price crashed from its ATH of $108,421.6 and dropped 14.93%. This collapse set up a local bottom at $92,230 on December 20 and has since lacked directional bias.
Crypto markets did not experience a Santa Claus rally as many expected. As a result, December’s monthly gains hover around 0.60% at the time of writing. Although it is uncertain if December might end on a positive note, 2024 gains stand tall at 129% for BTC.
BTC/USDT 1-hour chart
With no major macroeconomic events until January 9 and holidays around the corner, BTC prices could experience an uptick in volatility. The recent supposed sale of nearly $1.8B worth of BTC from investment firm BlackRock adds credence to hei
We współpracy z: https://coingape.com/markets/will-bitcoin-price-end-2024-on-positive-note/
