Noted crypto analyst, Lark Davis, has forecasted a prosperous 2024 for Bitcoin (CRYPTO: BTC), attributing the potential upswing to two significant events.

What Happened: Davis stated on X, formerly known as Twitter that the U.S. elections in November and expected Federal Reserve interest rate cuts would propel the bull market in crypto. He pointed out that the stock market has historically seen positive performance 83% of the time during an election year, and with Bitcoin now being a part of Wall Street, it is poised to benefit.

Why 2024 is a Bullish Year pic.twitter.com/7OpdcN2ff9

— Lark Davis (@TheCryptoLark) April 4, 2024

See Also: Elon Musk’s Potential Repeat Of Dogecoin Move Prompts Crypto Analyst To Say, ‘In Before He Runs It Back’

Additionally, he cited Goldman Sachs’s prediction of three rate cuts in 2024, beginning in June. Davis believes these cuts will pump more capital into the market, giving investors …

Full story available on Benzinga.com

Noted crypto analyst, Lark Davis, has forecasted a prosperous 2024 for Bitcoin (CRYPTO: BTC), attributing the potential upswing to two significant events.

What Happened: Davis stated on X, formerly known as Twitter that the U.S. elections in November and expected Federal Reserve interest rate cuts would propel the bull market in crypto. He pointed out that the stock market has historically seen positive performance 83% of the time during an election year, and with Bitcoin now being a part of Wall Street, it is poised to benefit.

Why 2024 is a Bullish Year pic.twitter.com/7OpdcN2ff9

— Lark Davis (@TheCryptoLark) April 4, 2024

See Also: Elon Musk’s Potential Repeat Of Dogecoin Move Prompts Crypto Analyst To Say, ‘In Before He Runs It Back’

Additionally, he cited Goldman Sachs’s prediction of three rate cuts in 2024, beginning in June. Davis believes these cuts will pump more capital into the market, giving investors …

Full story available on Benzinga.com

 Noted crypto analyst, Lark Davis, has forecasted a prosperous 2024 for Bitcoin (CRYPTO: BTC), attributing the potential upswing to two significant events.
What Happened: Davis stated on X, formerly known as Twitter that the U.S. elections in November and expected Federal Reserve interest rate cuts would propel the bull market in crypto. He pointed out that the stock market has historically seen positive performance 83% of the time during an election year, and with Bitcoin now being a part of Wall Street, it is poised to benefit.

Why 2024 is a Bullish Year pic.twitter.com/7OpdcN2ff9
— Lark Davis (@TheCryptoLark) April 4, 2024

See Also: Elon Musk’s Potential Repeat Of Dogecoin Move Prompts Crypto Analyst To Say, ‘In Before He Runs It Back’
Additionally, he cited Goldman Sachs’s prediction of three rate cuts in 2024, beginning in June. Davis believes these cuts will pump more capital into the market, giving investors …Full story available on Benzinga.com   Read More$BTC, Bitcoin, Cryptocurrency, Kaustubh Bagalkote, Lark Davis, News, Markets, $BTC, News, Cryptocurrency, Markets, Benzinga Markets