December 15, 2023 – Victoria, Seychelles

Bitget Research, the research arm of Bitget – the world’s leading cryptocurrency exchange and Web 3.0 company – has released a research analysis delving into macro and micro trends within the Bitcoin ecosystem.

This report offers insights for investors and outlines potential future technological and financial trends for Bitcoin and its assets within the network for 2024.

Given the future macroeconomic environment and market conditions, the Bitcoin ecosystem presents a promising outlook.

Not only do popular cryptocurrencies like BTC and ORDI have significant potential for appreciation, but also, there will be new exciting opportunities for coins within the Bitcoin ecosystem.

While the trading volume in the Bitcoin NFT market has surged, its current scale remains relatively small, indicating the anticipated potential for growth in the future.

Simultaneously, the Lightning Network is expected to serve as the primary technological support for the broader adoption of Bitcoin payments in the short to medium term.

Combining the above analyses, Ryan Lee, chief analyst at Bitget Research, made some major predictions of future trends in the Bitcoin ecosystem, and said,

“If the Bitcoin ecosystem continues to expand, the surge in demand for Bitcoin may drive the price of BTC to surpass its previous highs in the upcoming bull market, potentially reaching as high as $100,000. As the leading coin of the Bitcoin ecosystem, ORDI will rank in the top 30 by market cap in the next bull market.

“Protocols like Bitcoin, Ordinal, Atomical and Taproot have significant potential for growth, with new opportunities arising f

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Author: ChainWire

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