Nobody can predict the Bitcoin price, but there are numerous clues that can help make an assessment. We asked the experts from the BTC-ECHO Insider Report about exactly these forecasts, within the scope of what is possible.
When asked whether there will be a new Bitcoin all-time high in the next twelve months, 93 percent of the insiders surveyed answered “yes”. Confidence at new all-time highs has increased massively compared to the previous quarter (58 percent).
Bitcoin ETFs, Halving and Retail Potential
Florian Döhnert-Breyer, CEO of the crypto asset management company F5 Crypto, among others, comments: “The inflows from the American Bitcoin ETFs exceed all expectations. According to Google Trends, interest from retail investors is not yet at the level of previous highs. The halving event in April 2024 will fundamentally reduce the supply of available Bitcoin on the market. The constellation of strong demand with even more potential and the shortage of supply due to the reduction in inflation of Bitcoin will ensure numerous all-time highs in 2024.” Other insiders also provide similar arguments, as you can read in the free Insider Report.
Bitcoin predictions for 2024
A few insiders have dared to make concrete price forecasts. While Markus Schindler, CEO of the investment company Blockchain Investors AG, assumes 100,000 to 150,000 US dollars, serial entrepreneur Oliver Krause (Advantum, Untitled INC and gr33nBASE) goes one step further and can also estimate values between 150,000 and 300,000 US dollars imagine well. According to Krause, if states and companies become more involved, even higher levels are possible.
If you would like to know what assessments other crypto insiders have given for the coming months, you can find out in the free BTC-ECHO Insider Report.
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