The post Analyst Says Bitcoin Price Could Hit $100,000 In 2024 If This Happens appeared first on Coinpedia Fintech News
In a recent report, a popular cryptocurrency analyst, Jamie Coutts, claims that the price of Bitcoin (BTC) could hit as high as $100,000 in 2024 if banks keep capitulating and liquidity spigots keep opening. This potential surge in Bitcoin’s (BTC) price could significantly influence the value of other altcoins, making it a strategic time to diversify into one of the hottest crypto projects, ETFSwap (ETFS), which has positioned itself to benefit from this bull run.
Is Another Bull Run Approaching For Bitcoin (BTC)?
As famous analyst Jamie Coutts claimed, another bull run market looks to be coming soon. In an X (formerly Twitter) post, Coutts asserted that “central banks are already capitulating, the liquidity spigots are opening, and Bitcoin (BTC) is about to go much higher.”
He further states that, within the last month, the BoJ and the PBoC have added $400B & $97B, respectively, and the broad global money base (credit) has expanded by $1.2T, which has been massively helped by a sharp dip of the US dollar. Coutts claims it suggests that it is coordinated with the Fed’s consent. Now, for BTC to meet this target, the DXY would need to be well below 101, prompted by ongoing central bank injections. This would likely push global M2 well over $120T this period.
In other words, for Bitcoin (BTC) to hit over $100,000, the money supply must continually expand.
At the time of press, Bitcoin (BTC) traded for $59,182.08.
ETFSwap: Crypto Investors’ Perfect Choice For The Bull Run
As we approach the bull run market, ETFSwap (ETFS) has strategically positioned itself as the best place to enjoy innovative features that impact trading and sweet profits.
ETFSwap (ETFS) is a cutting-edge decentralized finance (DeFi) platform that allows investors to buy and invest in a wide variety of cryptocurrencies and tokenized exchange-traded funds (ETFs) in a one-stop shop. The platform offers innovative features that bridge the gap between traditional finance markets and the decentralized realm of DeFi, enabling every kind of investor to enjoy the benefits and innovation of DeFi.
The platform is built with world-class AI algorithms that analyze data, trends, and patterns to recommend the most profitable investment options to investors.
Investors can stake their assets and earn passive income on the ETFSwap (ETFS) trading platform. Staking not only yields passive rewards but also provides liquidity that aids the secure swapping of assets within multiple markets, enhancing the overall trading experience for investors.
Investors can leverage their trades with ETFSwap’s (ETFS) perpetual future tools to get the most out of the bull run. They enormously boost their profits by amplifying their trades with a 10x leverage. Also, they can utilize a 50x leverage on all the listed ETFs on the platform.
Security is not an issue on the ETFSwap (ETFS) platform, as it boasts a transparent and reliable infrastructure. CyberScope, a leading auditing firm, has carefully audited ETFSwap’s (ETFS) smart contracts, and no issues were identified. Similarly, its team members have passed SolidProof’s KYC process, reflecting ETFSwap (ETFS) transparency and ensuring investors’ confidence in the platform’s security.
Currently, ETFSwap (ETFS) is in its presale phase and selling for $0.01831. The presale is selling fast and has sold over 100 million tokens already. It’s wise to buy the ETFSwap (ETFS) presale now to not only avoid missing out on tantalizing profits during the bull run but also to potentially make significant gains. Moreover, the next presale is set to sell for $0.03846, already promising investors a massive 110% profit on their money invested.
Conclusion On Bitcoin’s Expected Bull Run
With the crypto world anticipating a bull run in the coming weeks, ETFSwap (ETFS) has positioned itself as the most rewarding crypto ETF trading platform. Buy the ETFSwap (ETFS) presale today to enjoy these benefits and profits.
For more information about the ETFS presale:
