December 18 An exciting surprise awaits you: a sneak peek at Bitfinex Alpha forecast for 2024
In Bitfinex Alpha
Instead of the usual Bitfinex Alpha report today, our analysts are drafting a report Special version of Bitfinex AlphaWhich will be published on Thursday. These will be our predictions for 2024. Get ready to dive into the predictions and trends we see emerging in the coming year.
Here's a glimpse of what you can expect in this special edition:
Detecting the adoption of cryptocurrencies and Bitcoin:
What is the likely path to Bitcoin adoption? How will El Salvador progress and who will be next? How was adoption going in Lugano and around the world? Do Google Search Trends provide a way to estimate retail market entry points?
Bitcoin Long-Term Metrics:
What are the important market cycle metrics to monitor? In 2023, Bitfinex Alpha Successfully captured the transition from “early bull” to “late bear” in 2022 and early 2023. What metrics to watch in 2024?
We'll also explore the evolution of money, analyze Gartner's hype cycles, and explore Bitcoin's correlation and historical cycles against gold, SPX, and NASDAQ.
We dive into the cryptocurrency derivatives markets, analyzing the latest futures liquidation numbers, and how they provide insight into the market volatility expected in 2024. We also look at the cryptocurrency options market and how it will impact Bitcoin markets in 2024.
Macroeconomic forecasts for 2024:
We provide our views on the likely macroeconomic outlook. We look at how key economic sectors will develop in 2023 and go through the 2023 rate hike cycle to form our forecasts for rates in 2024.
Other news and developments in 2024:
The SEC's regulatory actions will likely dominate the news agenda in the first part of the year and outline the now numerous applications for the issuance of Bitcoin exchange-traded funds. We also analyze the upcoming halving and discuss how this phenomenon and other news events will affect prices.
We also take a look at popular top-tier applications that are providing a lot of excitement in the markets and other diverse narratives that are gaining importance in the cryptocurrency space – from gaming and liquid staking derivatives to artificial intelligence.
Counter-narratives:
We also look forward to events that could disrupt Bitcoin's momentum, including a macroeconomic downturn, the housing crisis, and the fallout from ETF declines.
Aside from that, we explore the concept of Bitcoin market cap saturation, answering the fundamental question: Is there enough demand and capital coming in to push the market to new highs?
Are you ready for analysis that goes beyond the ordinary? Mark your calendars and stay tuned for the special edition of Bitfinex Alpha on Thursday, where we will reveal the mysteries and opportunities that await us in 2024. Get ready to navigate the future with confidence and insight.
