Can Bitcoin reach $100,000 mark in 2024?
There's a strong likelihood that the bull market will persist, possibly pushing Bitcoin's price to $100,000 by year-end. The market has seen an influx of new investors, both retail and institutional, who are using spot ETFs to enter the market conveniently. The combination of reduced Bitcoin supply due to halving an increased demand from Bitcoin ETFs is a key factor driving the current bull run.