• 01 September, 2024
Bitcoin

BTC Volatility in Late 2024: Predictions and Market Trends

In late 2024, Bitcoin fell below $60K, sparking diverse predictions from crypto experts. Some foresee a drop to $54.5-56.5K, while others anticipate a rebound. Market sentiment is shifting from fear to neutral, as reflected by the Bitcoin Fear and Greed Index. Ethereum also faced declines, with possible testing of lower support levels. Currently, the market is consolidating, with traders focusing on key support and resistance levels to identify potential trend reversals.

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