VanEck analysts stated that Donald Trump will become the US President again in 2024 and the all-time high price point will come for BTC.
The crypto market is preparing to leave 2023 behind. The leading cryptocurrency Bitcoin (BTC) achieved a rise that marked 2023 and brought with it the bull market. While sensational rises occurred in altcoins, all eyes turned to scenarios that could occur in 2024.
While it is being discussed whether BTC’s rise to 45 thousand dollars is an intermediate rise or a bull, predictions for 2024 have also started to come. VanEck, one of the companies applying for Bitcoin spot ETF, expects a positive market in 2024. VanEck shared a post about his 2024 expectations.
VanEck marked the new peak for BTC!
VanEck, which has over $76 billion in assets under management, is among the companies that have applied for Bitcoin spot ETF. VanEck frequently makes statements about the potential of Bitcoin (BTC) in the future. The last statement from the company was the expectations for 2024. VanEck was bold in its 2024 BTC price prediction.
VanEck’s Head of Digital Assets Research Matthew Sigel and Digital Assets Senior Investment Analyst Patrick Bush stated that Donald Trump will win in the 2024 elections in the USA.
VanEck’s popular duo claimed that cryptocurrencies will breathe a sigh of relief once Republicans come to power in the United States. Analysts say, “BTC will reach its all-time high on November 9, 2024, exactly 3 years after its all-time high.” he commented.
Sigel and Bush attributed the fact that BTC will reach its all-time high price level in 2024 to two factors. While one of these was the Bitcoin halving, the other was Trump becoming president. Additionally, analysts predicted that BTC will reach $100 thousand in 2024.