How high can Bitcoin price go by 2024?

Bitcoin (BTC) is up over 70% so far in 2023, helped by a banking crisis and hopes about a spot BTC exchange-traded fund (ETF) approval in the United States.BTC/ USD daily rate chart. Related: BTC rate models hint at $130K target after 2024 Bitcoin halving2020 Bitcoin price fractal eyes $50KBitcoins continuous market trend looks extremely similar to its price action during the 2017 to 2020 duration.”Increased miner success per BTC (Bitcoin) mined means they can offer less while keeping cash inflows, lowering net BTC supply and pressing BTC rates higher,” Kendrick mentioned in a report.Interestingly, the number of Bitcoin held by miners rose throughout the Ordinals hype in May 2023, stabilizing since.Bitcoin miner reserves in 2023.