What 2024 Means for Bitcoin’s Price

2024 is set to be a good year for bitcoin. [Jeff Clark's Market Minute]( What 2024 Means for Bitcoin’s Price By Brad Hoppmann, analyst, Market Minute Remember when Bitcoin was under $100, and someone said, “Buy it!”? Well, that was me. I’ve been a fan of Bitcoin and written about it from those early days. I cheered for it at $10, $100, and $1,000, while others thought it was just a fad. Watching Bitcoin shoot up and then drop has taught me a lot. And, today, I’ll show you why 2024 is set to be a good year for Bitcoin. 2024’s Big Event: The Halving In 2024, everyone’s getting excited about “the halving.” Recommended Link [Learn how to make triple-digit gains with $100]( [image]( Trade one stock… Once a month… For the chance to walk away with massive gains! Trading millionaire Jeff Clark says he’s done it for years… Turn petty cash into big returns – in bull or bearish markets… with less than $100. [Check it out.]( -- This is when the number of new Bitcoins is cut in half. This happens roughly every four years… and it can make big waves when it does. For example, in 2012 and 2016, Bitcoin’s price went way up after each halving. Now, it’s looking like Bitcoin is set to reach super high prices again… Here’s what’s happened following the last few halvings: [(Click here to expand image)]( The Golden Cross: A Helpful Hint Now, let’s talk about something called the “Golden Cross.” This might sound fancy, but it’s just a way to look at Bitcoin’s price momentum over time. When the 50-day moving average line crosses above the 200-day moving average line, that’s the golden cross. In simple terms, it often means that Bitcoin’s price has upward momentum and that Bitcoin's price will tend to move up. Here’s what’s happened following the last few golden crosses in Bitcoin: [(Click here to expand image)]( It’s like a hint that there has been some solid long-term excitement in Bitcoin. If you were to extend this since Bitcoin first launched, you would see the indicator had higher than a 95% success rate. Free Trading Resources Have you checked out Jeff's free trading resources on his website? It contains a selection of special reports, training videos, and a full trading glossary to help kickstart your trading career – at zero cost to you. Just [click here]( to check it out. 2024: A Year to Watch Carefully So, what’s the plan for 2024? We have big hopes because of the halving and the Golden Cross, which indicates good times are ahead. Ultimately, whether you're a beginner or an experienced investor, the Golden Cross for Bitcoin is a 95% success rate indicator and should always be considered when investing in bitcoin or other cryptocurrencies. Leveraging Data for You, Brad Hoppmann Analyst, Market Minute IN CASE YOU MISSED IT… [Colin Picked Nvidia in 2018, Now He Says “Buy These AI 2.0 Stocks ASAP”]( Colin Tedards is a modern investing legend: - More people tune into his weekly investor videos than primetime CNN and MSNBC… combined. - He bought Nvidia back in 2018, at $40… before it skyrocketed 1,065%. - And he worked alongside experts from NASA, the Mayo Clinic & the Pentagon on the predecessor tool to ChatGPT… IBM’s Watson. With the “second wave” of artificial intelligence set to unfold in the weeks ahead, Colin says AI: “Will make us smarter, healthier, more productive, and mint as many as 20 million new millionaires. But you won’t make a dime from AI in 2024 — unless you [do THIS before January 30th.]( [You can view his full video presentation by clicking right here.]( [image]( [Jeff Clark's Market Minute]( Jeff Clark Trader 55 NE 5th Avenue, Delray Beach, FL 33483 [www.jeffclarktrader.com]( To ensure our emails continue reaching your inbox, please [add our email address]( to your address book. This editorial email containing advertisements was sent to {EMAIL} because you subscribed to this service. To stop receiving these emails, click [here](. Jeff Clark Trader welcomes your feedback and questions. But please note: The law prohibits us from giving personalized advice. To contact Customer Service, call toll free Domestic/International: 1-800-752-0820, Mon–Fri, 9am–7pm ET, or email us [here](mailto:contactus@jeffclarktrader.com). © 2024 Omnia Research, LLC. All rights reserved. Any reproduction, copying, or redistribution of our content, in whole or in part, is prohibited without written permission from Omnia Research, LLC. [Privacy Policy]( | [Terms of Use](