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Finance experts predict Bitcoin price for Halloween 2024

In October, Bitcoin experienced a price crash but recovered thanks to a rally on October 7. However, the missile attacks carried out by Iran against Israel cast doubt on Bitcoin's role as a safe haven asset. Several experts offered their predictions for Bitcoin's price by Halloween 2024, with estimates ranging from $65,000 to $85,000. Factors such as historical trends, institutional adoption, changes to inflation and interest rates, and the lingering effects of the April halving were cited as reasons for optimism. However, one expert predicted a major downturn for Bitcoin, with a price range of $35,000 to $55,000 by October 31.

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