Bitcoin: Here are VanEck’s shock predictions for the end of 2024!

In the dynamic world of digital assets, investment firm VanEck has stood out with its bold predictions for the year 2024. With remarkable accuracy, VanEck has left its mark on the Bitcoin sector with its predictions that have proven to be correct to a large extent.

Here are the Bitcoin predictions that have already come true!

Among VanEck's predictions, a good number have already come true with disconcerting accuracy. Notably:

  • The US recession and the launch of Bitcoin ETFs. VanEck had predicted that a recession in the US would occur in the first half of 2024. This would be accompanied by the launch of the first Bitcoin spot ETFs. Although the recession has not yet materialized, the inverted yield curve remains a strong signal of recession according to VanEck. Meanwhile, Bitcoin ETFs have broken records with $14.5 billion in inflows!
  • Bitcoin’s halving in April 2024 went smoothly, another VanEck prediction that came true. After this event, Bitcoin did not fall below $55,000. VanEck also predicted that Bitcoin would reach an all-time high in the fourth quarter of 2024, a prediction that proved directionally accurate.
  • Contrary to some expectations, Ethereum did not surpass Bitcoin in terms of market capitalization. But it did outperform large-cap tech stocks. VanEck correctly predicted this trend, highlighting Ethereum’s robustness in the competitive cryptocurrency landscape.
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What does the 3rd quarter of 2024 have in store according to VanEck’s crystal ball?

For the third quarter of 2024, VanEck predicted that Bitcoin would maintain its value above $30,000. This is despite a slowing global economy and early signs of recession. The firm also anticipated a historic peak for Bitcoin in November, suggesting a significant increase in its value. VanEck’s predictions, reaching an impressive score of 95 out of 150 possible points! Which demonstrates a deep understanding of the rapidly evolving crypto market.

VanEck’s bold yet precise approach suggests that Bitcoin’s future remains bright, despite economic uncertainties. Savvy investors will do well to follow these developments closely, as they could well shape the financial landscape of tomorrow.

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