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At the core of the 2024 crypto conversation is the Bitcoin halving, a pre-programmed event that occurs approximately every four years, reducing the reward for mining Bitcoin by 50%. Historically, the halving is not only anticipated because of the technical update but also because of the significant price movements that follow.  In previous halving events (2012, 2016, and 2020), Bitcoin experienced substantial increases in value in the months following the halving. While past performance does not indicate future results, these patterns have fueled speculation about a similar upsurge in 2024. The demand and supply economic principle is the rationale most experts use to explain the positive price action that follows the halving. The halving reduces the rate at which new Bitcoins are produced, thus slowing down the inflation of Bitcoin’s supply. If the demand remains steady or increases, higher prices could result from the reduced supply growth, assuming that market fundamentals remain unchanged. This has led to major price predictions entering the new year. Here are some of the top Bitcoin (BTC ) price predictions for 2024:  Antoni Trenchev, a noted bitcoin bull and co-founder of Nexo , a cryptocurrency exchange, believes bitcoin could hit $100,000 in 2024. In 2022, Carol Alexander, a finance professor at the University of Sussex, successfully predicted Bitcoin’s future price. This year, Alexander predicts that BTC will be in the $40,000 and $55,000 range.  In November 2023, Standard Chartered reiterated its $100,000 bitcoin prediction from April. Youwei Yang, the chief economist of Bit Mining, a crypto-mining company, predicts that Bitcoin could reach $75,000 by 2024. Seth Ginns, managing partner at CoinFund, told CNBC that the firm believes Bitcoin will likely be valued between $250,000 and $500,000 in 2024.