Bitcoin Outlook: Expert Forecast

🔷 Michaël van de Poppe, founder of trading firm Eight, has predicted that Bitcoin could reach a record-high price of $192,000 by the end of 2024.

🔷 The expert believes that the Bitcoin market is currently in a “perfect storm.” Rising social tensions across various countries, declining trust in traditional financial institutions, and a weakening U.S. labor market are driving investors toward assets like Bitcoin and other cryptocurrencies.

🔷 In the long term, van de Poppe highlights that the cryptocurrency industry, including Bitcoin’s price, will increasingly depend on global liquidity flows. This underscores the role of macroeconomic factors in shaping the future of digital assets.