Disclaimer:

Disclaimer: The blog posts and comments on this blog and posts on social networks are not investment recommendation, are provided solely for informational purposes, and do not constitute an offer or solicitation to buy or sell any securities. The opinions expressed on the blog are Petar Posledovich's. Petar Posledovich does not guarantee the accuracy of the information presented on this blog and social networks. The information presented is "as is". The blog is stocks analysis and valuation, Bitcoin, Cryptocurrencies, Artificial Intelligence, AI, deep-learning focused. Independent, unbiased AI insights. Petar Vladimirov Posledovich is not liable for any investment losses incurred by reading and interpreting blog posts on this blog and posts on social networks. Conflicts of interest: I may possess some of the securities, currencies or their derivatives mentioned in the blog post and posts on social networks! The blog is property of Wolfteam Ltd. www.wolfteamedge.com Respectfully yours, Petar Posledovich

Tuesday, February 27, 2024

Bitcoin's Price Could Reach 100 000 USD In 2024

 


Bitcoin is in small bubble territory currently.

Bitcoin's price could reach and surpass 100 000 USD in 2024 on geopolitical uncertainty, Federal Reserve targeting lower interest rates levels.

Bitcoin in the current times, where there are two regional wars, more and more people turn to Bitcoin for store of wealth.

Furthermore, Federal Reserve is targeting lower interest rates, which would bring more money via the money multiplication in the technology sector and thus to Bitcoin, cryptocurrencies, which could raise Bitcoin's price to 100 000 USD, according to Wolfteam Ltd.


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