Plato Data Intelligence.
Vertical Search & Ai.

BTC to Hit $110k by the End of 2024: Ari Paul Predicts


  1. According to Ari Paul, BTC may reach $110,000 by the end of 2024.
  2. $110,000 is a challenging but attainable goal for Bitcoin.
  3. In many ways, Ari Paul’s prediction of the price of Bitcoin might be inaccurate.

In a tweet on Jan.29, the founder of BlackTower Capital, Ari Paul, expressed his positive view on Bitcoin and predicted that the currency may reach $110,000 by the end of 2024. 

Ari Paul went on to note that the bullish sentiment looks to be an ambitious prediction only when examined in the context of the current cycle. But when viewed in the context of 2017, it is pretty plausible. Further, there has been some price compression throughout the past five years.

Given the macro environment, Bitcoin hitting $110k seems logical yet challenging. However, according to Ari Paul, $110k is a rather prudent investment if macro risk-on returns just halfway to the 2021 craze.

Additionally, Ari Paul is persuaded that only a little is necessary for the bullish momentum. Given the BTC market cap of $443 billion, many new Tradfi crypto offerings that might generate substantial amounts of fiat revenue, like GBTC, are yet to come up.  As a result, this could serve as the engine driving BTC’s positive momentum.

In conclusion, according to experts, Ari Paul’s forecast for the price of BTC may be inaccurate in various ways. This forecast is allegedly feasible if equities drop 30% and a widespread recession starts in the next quarter. Consequently, Ari’s BTC prediction may represent new lows, with the currency ending 2024 in the $12k range rather than the $110k range.

Bitcoin price has increased by 1.77% in the last 24 hours, reaching $23k at the time of writing, according to Coinmarketcap data. With a rise of 51.33% in the trading volume of $26 billion, BTC has been experiencing positive momentum over the day. Additionally, the market value has increased by 1.64%, suggesting that the bulls may hold the advantage for a while.

Read Also :

Tags: Ari_PaulBitcoin_PredictionCMC

disclaimer read more

Crypto News Land ( , also abbreviated as “CNL”, is an independent media entity — we are not affiliated with any company in the blockchain and cryptocurrency industry. We aim to provide fresh and relevant content that will help build up the crypto space since we believe in its potential to impact the world for the better. All of our news sources are credible and accurate as we know it, although we do not make any warranty as to the validity of their statements as well as their motive behind it. While we make sure to double-check the veracity of information from our sources, we do not make any assurances as to the timeliness and completeness of any information in our website as provided by our sources. Moreover, we disclaim any information on our website as investment or financial advice. We encourage all visitors to do your own research and consult with an expert in the relevant subject before making any investment or trading decision.

Godfrey Mwirigi is an enthusiastic crypto writer with an interest in Bitcoin, blockchain, and technical analysis. With a focus on daily market analysis, his research helps traders and investors alike. His particular interest in digital wallets and blockchain aids his audience in their day-to-day endeavors.


Latest Intelligence


Latest Intelligence