Matrixport, a crypto financial services platform, has always been bullish on Bitcoin, especially in 2023. So its latest prediction for the digital asset comes as no surprise to investors. This time around, Matrixport analysts have predicted that the price of BTC will push forward to as high as $125,000 by the end of 2024. A 310% Increase For Bitcoin? The current forecast by Matrixport analysts for Bitcoin will see the cryptocurrency rally as high as 310% if it does come to pass. This prediction, however, was not just thrown around without expected catalysts that would trigger such a rally, which is outlined in the report. Related Reading: Rapid Rise In Cardano’s TVL Points Toward Bullish Sentiment Around ADA For BTC to reach as high as $125,000 by the end of 2024, Matrixport expects that the potential approval of the Bitcoin Spot ETFs filed by investing giants such as BlackRock and Fidelity Investments, among others, could be the push it needs. 2024 is important for these Bitcoin Spot ETF filings because the final date for a decision from the United States Securities and Ex ..
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