The Cryptonomist’s Post

According to a recent forecast by Bitwise, Bitcoin's price is expected to reach $80,000 by the end of 2024. 📈 The prediction is based on three key factors that could drive the price of the leading cryptocurrency to new heights. **1. Institutional Adoption**: One of the main factors contributing to the potential surge in Bitcoin's price is the increasing adoption by institutional investors. 🏦 Major financial institutions and companies have been showing more interest in Bitcoin as a store of value and a hedge against inflation. **2. Global Uncertainty**: Another factor that could boost Bitcoin's price is the ongoing global uncertainty. Geopolitical tensions, economic instability, and the impact of the COVID-19 pandemic have led investors to seek

The forecast for Bitcoin’s price by Bitwise at $80,000 by the end of 2024: three key factors

The forecast for Bitcoin’s price by Bitwise at $80,000 by the end of 2024: three key factors

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