Analysts offer mixed views on Bitcoin’s trajectory. The Bitcoin Price Temperature indicates upward potential but historical halvings might trigger corrections. CEO Ki Young Ju emphasizes a strong close to 2024 could foster a bearish environment.
Altcoins such as Solana and XRP are attracting investor interest, with projections suggesting Solana might outpace Ethereum. Anticipated regulatory shifts could affect Bitcoin ETF approvals, influencing overall market sentiment.