The cryptocurrency community looks forward with great anticipation to the new year of 2024. Bitcoin’s (BTC) move past the $100,000 barrier has made the last 12 months special. Note that Bitcoin (BTC) started off the year on a low at $38,521.89. BTC achieved a record high at $108,268.45. Will this asset maintain its trend in the coming year?
Please Read This: Shiba Inu: What Is SHIB’s Price If Its Market Cap Hits $500 Billion?
Look at the latest Bitcoin market events
Bitcoin’s annual growth rate is currently 121%. BTC dropped to $91,317 after a long period of time above $100,000. The king coin traded at $93,980.43 as of press time. The king coin has seen a surge of 0.27% in the last 24 hours.
As the year came to an end several analysts released new predictions for 2020. Most were predicting a low $150,000. This was accompanied by a large majority of people predicting that BTC might surge as high as $250,000. Donald Trump, who will be taking office next year, is expected to make new and positive changes for the cryptocurrency industry.
Please Read This: Ripple: Here Are The 4 Price Targets That XRP Could Hit In 2025
Pricing Prediction for the January 1st Holiday
According to CoinCodex data, Bitcoin should surpass the $100,000 mark in the next few days. The start of 2019 will not be a happy one. On January 1, it appears that the King Coin will experience a minor drop. BTC’s price will be $93,660 at the start of this year.
Please Read This: Ethereum: Can ETH Hit $5000 In 2025?
Although this might seem like a sour start to the year, there will be notable improvements in the coming months for the King Coin.
“This article is not financial advice.”
“Always do your own research before making any type of investment.”
“ItsDailyCrypto is not responsible for any activities you perform outside ItsDailyCrypto.”
Source: watcher.guru
