History Says Bitcoin Could Continue Soaring in 2024. Here's Why I Agree.
Last year was terrific for investors. The Dow Jones Industrial Average, Nasdaq Composite, and S 500 all experienced double-digit percentage gains. A lot of the positive momentum in the capital markets was fueled by bullishness about artificial intelligence (AI).
With so much hype around AI and its myriad applications, it was easy to overlook the performances of other asset classes. After experiencing a brutal crypto winter in 2022, Bitcoin (CRYPTO: BTC) emerged as a big winner last year as well -- surging more than 150%.
While this is great for those who bought the dip, there is one big reason in particular to believe that 2024 could be the year Bitcoin eclipses the $100,000 mark. With many anticipating another Bitcoin halving this year, investors may want to assess why now could be a lucrative time to invest in Bitcoin.
Source Fool.com
