had a challenging time staging a sustained recovery since the August 5 pullback, restricted by uncertainty around macroeconomic factors, the Federal Reserve’s policy path, and the forthcoming presidential election in the U.S. With this in mind, several crypto experts shared their views on the BTC price forecast in 2024, outlining key catalysts that could influence the crypto asset in the final months of the year.
Bitcoin’s recent performance recap
Since breaking above the $70,000 threshold earlier this year, Bitcoin price remained largely range-bound in the following months.
The world’s largest cryptocurrency’s volatile performance has mainly been driven by mixed economic data, unexpected developments related to the upcoming presidential election, and several more crypto-focused factors, such as repayments to creditors of Mt. Gox, a defunct cryptocurrency exchange.
Bitcoin price saw a sharp pullback in early August after a surprisingly soft July…
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