Bitcoin's Unstoppable Rise: Experts Predict $100K by 2024

Bitcoin's recent all-time high was accelerated by the launch of spot bitcoin ETFs, with experts stating that the new high would have occurred eventually, but the ETFs have been a significant tailwind. The approval and launch of the ETFs in January led to a rapid increase in Bitcoin's price, with experts attributing the rally to a combination of ETF-driven demand, the current political landscape, and a lack of confidence in fiat currencies and central bank policies. The convenience of the ETF wrapper has unlocked a significant new source of demand from retail investors, advisors, and institutional investors.