Experts predict end of BTC rallies, no further bull run, increased pessimism

From Investing.com

September 5, 2024 11:16 AM:

The era of unstoppable BTC rallies comes to an abrupt end, with experts predicting no further bull run in the cryptocurrency market. Initial euphoria over meme-coins has given way to pessimism, making even moderate price increase forecasts seem wishful.

Switzerland’s Zürcher Kantonalbank now allows clients to trade Bitcoin and through mobile apps and e-banking, a move reflecting the increasing acceptance of cryptocurrencies. Positive developments suggest a bright future, despite the current market sentiment and predictions of the end of bull runs.

Switzerland’s positive attitude towards digital assets is evident as its largest financial institution integrates cryptocurrency trading for clients. The mainstream acceptance of cryptocurrencies continues to grow, with traditional financial institutions like the Zürcher Kantonalbank leading the way towards digital asset adoption.

Read more at Investing.com.: Why BTC and Ethereum have no future – Experts By Investing.com