Predicting the exchange rate $BTC until the end of 2024 is easier than predicting the weather in St. Petersburg in the fall: there is always a chance of rain, but most often it is just drizzle. Let's look at several "professional" methods that can clarify the situation.
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First, technical analysis. We take charts, draw more lines on them than on subway maps, and try to guess where the price will go. For example, many analysts use moving averages - but, as we know, moving averages predict the Bitcoin rate with the same accuracy as tossing a handful of coins.
Let's not throw fundamental analysis in the trash. Here we read the news, reading the slightest hints, consider geopolitical risks and, of course, bite into various financial reports. But, frankly, when the news talks about "problems in the crypto market", it usually means that someone has simply run out of caffeine, and someone has seriously become addicted to sedatives.
Institutional support, of course! As soon as big players like hedge funds and traditional banks start investing actively, the rate could skyrocket. But given their maneuvers, they will most likely just try to “buy at the bottom” - but where that bottom is, after all, no one knows.
Now about speculation. Here, everyone holds their luck in their hands: if by the end of 2024 Bitcoin will cost, say, 75 thousand dollars or will fall again to 55 thousand - we will hardly be able to predict it. The main thing is to always have a good supply of popcorn on hand to watch this dramatic comedy, playing on less volatile currencies.
In the end, if you want to know what will happen to Bitcoin by the end of 2024, just look in the coffee grounds or ask your cat: his predictions will most likely be no less accurate.
