Exciting Surprise Awaits: A Sneak Peek into Bitfinex Alpha’s Outlook for 2024


Exciting Surprise Awaits: A Sneak Peek into Bitfinex Alpha’s Outlook for 2024

Instead of our usual Bitfinex Alpha Report today, our analysts are diligently crafting a Bitfinex Alpha Special Edition, which will be published on Thursday. It will be our outlook for 2024. Get ready to dive into the forecasts and trends we see emerging next year.

Here’s a glimpse of what you can expect in this special edition:

Crypto and Bitcoin Adoption Unveiled:

What is the likely path of Bitcoin adoption? How will El Salvador progress, and who will be next? How has adoption been going in Lugano and across the world? Do Google Search trends offer an into estimating retail entry points into the markets? 

Bitcoin Long-Term Metrics:

What are the important market cycle metrics to watch? In 2023, Bitfinex Alpha successfully spotted the transition from “early bull” to “late bear” in 2022 and early 2023. What are the metrics to watch in 2024?

We’ll also explore the evolution of money, dissect Gartner hype cycles and explore Bitcoin’s correlation and historical cycles against gold, SPX, and NASDAQ. 

We take a deep dive into the crypto derivatives markets, analyse the latest futures liquidation figures, and how they offer insight into expected market volatility in 2024. We also look at the crypto options market and how it will impact the Bitcoin markets in 2024.

Macroeconomic Outlook for 2024:

We provide our views on the likely outlook for the macroeconomy. We look at how the key economic sectors have evolved in 2023 and navigate through the interest rate hiking cycle in 2023 to form our expectations for rates in 2024.

News and Other Developments in 2024:

The news agenda will likely be dominated in the early part of the year by the SEC’s regulatory actions and its determination of the now several applications to issue Bitcoin spot Exchange-Traded Funds. We also analyse the upcoming halving and discuss how this phenomenon and other news events could impact prices.

Also, we look at the popular Layer 1 applications that are providing a lot of excitement in the markets and other diverse narratives gaining prominence in crypto — from gaming and Liquid Staking Derivatives to Artificial Intelligence. 

The Counter Narratives:

We also look out for the left-field events that might disrupt Bitcoin’s momentum, including a macroeconomic downturn, a housing crisis and the consequences of ETF rejections. 

Apart from that, we explore the concept of Bitcoin market cap saturation, answering the fundamental question: Is there sufficient demand and incoming capital to propel the market to new highs? 

Are you ready for an analysis that goes beyond the ordinary? Mark your calendar and stay tuned for Thursday’s Bitfinex Alpha Special Edition, where we’ll be unravelling the enigmas and opportunities that lie ahead in the year 2024. Get ready to navigate the future with confidence and insight.


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