In 2023, Bitcoin demonstrated strong upward momentum, surging from 15.7K to 44.4K without experiencing a significant correction. As we move into 2024, my forecast anticipates a potential retracement to test the support range between 30K and 26K, suggesting a prudent time to secure profits.
An additional factor of consideration is the looming possibility of an economic recession. In the event of a recession, there is a likelihood that Bitcoin could breach its 2023 low and descend to the support level around 12K. This scenario underscores the importance of a cautious approach in navigating the market.
An additional factor of consideration is the looming possibility of an economic recession. In the event of a recession, there is a likelihood that Bitcoin could breach its 2023 low and descend to the support level around 12K. This scenario underscores the importance of a cautious approach in navigating the market.
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.