Description: Exorays trading opportunities.Exorays Experts predict that bitcoin will hit new all-time highs in 2024. These bullish
Exorays Experts predict that bitcoin will hit new all-time highs in 2024. These bullish predictions are based on factors like the approval of a Bitcoin spot ETF and next year’s halving event.
Other potential catalysts include a more accommodative Fed with low inflation. which could lead to lower interest rates and encourage investors to invest in riskier assets.
In 2024, the macroeconomic picture looks favourable for Bitcoin. The US Federal Reserve is expected to cut interest rates, which could encourage investment flows into digital assets and boost crypto prices. Further, draft legislation for the regulation of Bitcoin and other cryptocurrencies is likely to be implemented in the United States, providing greater clarity for institutions looking to invest in them.