As Halloween approaches, many in the cryptocurrency community are anticipating a potential surge in Bitcoin prices. According to a recent survey conducted by Finbold, finance professionals predict that Bitcoin could reach an average price of $69,400 on October 31, 2024. This would represent a significant increase from previous years, with some experts even forecasting a price as high as $85,000.
The survey included industry leaders such as the CEO of Joy Wallet, the CEO of ForexMT4Indicators, and the founder of Stock Dork, among others. These experts believe that Bitcoin is on track for a record Halloween price in 2024, with the potential to surpass previous highs by a wide margin.
Despite the optimism surrounding Bitcoin’s price potential, there are still concerns about potential negative factors that could impact the market. Recent events in the Middle East have already had an impact on Bitcoin’s price, and the ongoing conflict could lead to further volatility in the coming weeks.
Overall, it seems that Bitcoin is poised for a strong performance this Halloween, with the potential to set new price records. However, investors should remain cautious and keep an eye on external factors that could influence the market in the coming weeks.
