cryptoplaza

The recent flow of $2.6 billion 💰  from ETFs demonstrates unprecedented institutional interest in BTC. BlackRock and Fidelity can increase ↗️  buying pressure. On the other hand, if governments 🏟️  like the U.S. decide to buy and hoard up to 5% of the total Bitcoin supply, as some predict, supply will be further restricted, driving up the price...
where do you see BTC by the end of 2024?

It is difficult to predict the exact price of BTC by the end of 2024 due to various factors influencing the market. Institutional interest and government involvement can indeed impact the supply and demand dynamics, potentially driving the price higher. However, market volatility and regulatory changes should also be considered when forecasting future prices.