2024 will be a happy year, it will be a turning point in the world’s economic and financial cycle. Despite the violent interest rate hikes in the past two years, which have pushed the basic interest rate to over 5%, the economies of the United States and Europe still show no signs of recession. The economy has not fallen much, so how can it turn upward? The current situation is indeed a spectacle in the history of the world economy, but in any case, the monetary tightening situation will begin to reverse. Perhaps in the next few years, along with the wave of the AI revolution, we will witness an economic spectacle never seen in human history.
2024 Predictions:
1. The low point of Bitcoin price is around US$20,000 and the high point is around US$100,000. In extreme cases, the low can reach around US$15,000 and the high can reach more than US$120,000.
2. The United States conditionally approves Bitcoin spot ETFs.
3. Argentina declared the US dollar as legal tender and Bitcoin as legal tender; Thailand government will issue crypto to its people.
4. Bitcoin Inscriptions continue to prosper.
5. The United States still threatens to raise interest rates in the first half of the year and begin to cut interest rates slightly at the end of the year.
6. The U.S. stock market continues to rise strongly.
7. The rapid development of AI applications has driven strong economic momentum and increased demand for blockchain applications.
8. Metaverse and blockchain games have grown significantly.
9. The pressure on China’s RMB depreciation has eased, but the economy continues to weaken.
10. Decentralized digital currency payment begins to rise.
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