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The token jumped That's as which could be a possible reason bitcoin has shot back. PARAGRAPHAfter failing to meet market hopes in January, bitcoin has surged sharply to its highest level in The token article source Part of his forecast is built on optimism around the fresh bitcoin spot ETFs, which were approved by the Securities and Exchange Commission on January At the time, Kendrick argued that these new investment vehicles should drive massive inflows into the crypto sector, providing an outlet for more traditional financial players to join the space.
But this has significantly slowed, spot ETF flows have significantly slowed, and should no longer be a headwind.
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Best Bitcoin Price Prediction For 2024Robert Kiyosaki predicts the Bitcoin price to reach $, in Blockstream CEO Adam Back predicts Bitcoin to hit an all-time high of over $, in. Heading into , bitcoin prices are up more than % year over year, as of Dec. 5. But bitcoin still has a long way to go to get back to its. UK fintech firm Finder carried out a study based on expert price predictions of 40 crypto industry specialists on how Bitcoin is expected to perform through to Bitcoin, it found, is likely to hit an.