Bitcoin Could Reach $160K in 2024 on the Back of Halving, Spot ETF Hype: Analysts

“We argue that bitcoin and crypto markets could have a positive year in 2024 mostly amid the effects from: 1. The market valuation cycle, 2. Network activity, 3. The bitcoin halving, 4. The macroeconomic perspective, 5. Bitcoin spot ETF approval and 6. Growing stablecoin liquidity,” analysts at CryptoQuant said.

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• Source: https://www.coindesk.com/markets/2023/12/20/bitcoin-could-reach-160k-in-2024-on-the-back-of-halving-spot-etf-hype-analysts/?utm_medium=referral&utm_source=rss&utm_campaign=headlines