Bitcoin Breakout: Striking Similarities Between 2023 and 2024
Wednesday,11/09/2024|10:44GMTby
FM
This article was written by Bill Watson, Senior Investment Specialist at Investiva.
Bitcoin, the world's largest
cryptocurrency by market capitalization, continues to garner attention from
investors and market analysts alike. As 2024 progresses, Bitcoin is
experiencing market behavior that mirrors trends from 2023. Despite the
temporary turbulence, experts like Bill Watson, Senior Investment Specialist at
Investiva, believe that this cycle of volatility may pave the way for
substantial gains in the near future.
Comparing
Market Trends
Bill Watson, who has spent over four
years with Investiva guiding investors through the complex world of
cryptocurrencies, has highlighted the striking parallels between the current
Bitcoin market and that of 2023.
“Bitcoin’s behavior in 2023 serves as a
reference point for what we’re seeing now,” Watson explains. “There’s a clear
cycle of investor sell-offs and market stagnation, which many see as a prelude
to an upcoming breakout.”
Insights
from Market Analysts
This market behavior was underscored in a
detailed post by a prominent crypto analyst, Dana Crypto Trades, who drew
comparisons between the price fluctuations of Bitcoin in 2023 and 2024. In both
years, Bitcoin’s price remained range-bound for extended periods, leading to
bearish sentiment among short-term investors. However, Watson is confident
that, much like in 2023, this period of consolidation is likely a temporary
phase before a significant price surge.
Missed
Opportunities and Long-Term Potential
“Many investors sold off their Bitcoin
holdings last year around the $25,000 mark, waiting for a lower reentry point,”
says Watson. “However, those who waited on the sidelines missed out on
incredible returns as Bitcoin surged.” According to Watson, a similar scenario
may be unfolding now, with bearish investors hoping for a dip that may never
materialize.
Looking ahead, Watson stresses that
Bitcoin's long-term potential remains incredibly promising. “Bitcoin has shown
time and again that it is resilient and can overcome periods of volatility. For
most investors, the key to success is long-term holding, as Bitcoin has
repeatedly rewarded patience with significant price increases.”
Predictions
for Q4 2024
Watson’s assessment echoes that of other
experts, with price targets for Bitcoin reaching as high as $100,000 by the end
of Q4 2024. Another respected crypto analyst, Stockmoney Lizards, has also
drawn comparisons between Bitcoin’s current market setup and historical trends,
including the price patterns seen in 2016. Both Watson and Stockmoney Lizards
believe that Bitcoin could see a substantial breakout as market conditions
stabilize.
Strategic
Advice for Investors
“We may be on the verge of Bitcoin
reaching new highs,” Watson adds. “With increased institutional interest and
the approval of Bitcoin ETFs, the foundation is being laid for a strong upward
move.”
At Investiva, Watson and his team
continue to monitor these developments closely, advising clients to take a
strategic, long-term view of Bitcoin investing. “There’s never been a better
time to seriously consider adding Bitcoin to your portfolio,” Watson asserts.
“With the right guidance, Bitcoin offers incredible potential for growth in
2024 and beyond.”
Conclusion
Investors are encouraged to stay informed
and consult with experts like Bill Watson to make the most of this
transformative asset. Bitcoin’s potential remains vast, and while short-term
fluctuations can be challenging, the long-term outlook continues to show
promise. Watson concludes, “The opportunities are here; it’s just a matter of
being patient and staying the course.
Bitcoin, the world's largest
cryptocurrency by market capitalization, continues to garner attention from
investors and market analysts alike. As 2024 progresses, Bitcoin is
experiencing market behavior that mirrors trends from 2023. Despite the
temporary turbulence, experts like Bill Watson, Senior Investment Specialist at
Investiva, believe that this cycle of volatility may pave the way for
substantial gains in the near future.
Comparing
Market Trends
Bill Watson, who has spent over four
years with Investiva guiding investors through the complex world of
cryptocurrencies, has highlighted the striking parallels between the current
Bitcoin market and that of 2023.
“Bitcoin’s behavior in 2023 serves as a
reference point for what we’re seeing now,” Watson explains. “There’s a clear
cycle of investor sell-offs and market stagnation, which many see as a prelude
to an upcoming breakout.”
Insights
from Market Analysts
This market behavior was underscored in a
detailed post by a prominent crypto analyst, Dana Crypto Trades, who drew
comparisons between the price fluctuations of Bitcoin in 2023 and 2024. In both
years, Bitcoin’s price remained range-bound for extended periods, leading to
bearish sentiment among short-term investors. However, Watson is confident
that, much like in 2023, this period of consolidation is likely a temporary
phase before a significant price surge.
Missed
Opportunities and Long-Term Potential
“Many investors sold off their Bitcoin
holdings last year around the $25,000 mark, waiting for a lower reentry point,”
says Watson. “However, those who waited on the sidelines missed out on
incredible returns as Bitcoin surged.” According to Watson, a similar scenario
may be unfolding now, with bearish investors hoping for a dip that may never
materialize.
Looking ahead, Watson stresses that
Bitcoin's long-term potential remains incredibly promising. “Bitcoin has shown
time and again that it is resilient and can overcome periods of volatility. For
most investors, the key to success is long-term holding, as Bitcoin has
repeatedly rewarded patience with significant price increases.”
Predictions
for Q4 2024
Watson’s assessment echoes that of other
experts, with price targets for Bitcoin reaching as high as $100,000 by the end
of Q4 2024. Another respected crypto analyst, Stockmoney Lizards, has also
drawn comparisons between Bitcoin’s current market setup and historical trends,
including the price patterns seen in 2016. Both Watson and Stockmoney Lizards
believe that Bitcoin could see a substantial breakout as market conditions
stabilize.
Strategic
Advice for Investors
“We may be on the verge of Bitcoin
reaching new highs,” Watson adds. “With increased institutional interest and
the approval of Bitcoin ETFs, the foundation is being laid for a strong upward
move.”
At Investiva, Watson and his team
continue to monitor these developments closely, advising clients to take a
strategic, long-term view of Bitcoin investing. “There’s never been a better
time to seriously consider adding Bitcoin to your portfolio,” Watson asserts.
“With the right guidance, Bitcoin offers incredible potential for growth in
2024 and beyond.”
Conclusion
Investors are encouraged to stay informed
and consult with experts like Bill Watson to make the most of this
transformative asset. Bitcoin’s potential remains vast, and while short-term
fluctuations can be challenging, the long-term outlook continues to show
promise. Watson concludes, “The opportunities are here; it’s just a matter of
being patient and staying the course.
Beyond the Prompt: Solitics’ VP Product, Guy Shemer Exposes ‘Traditional’ AI Flaws and Reveals New Product: the AI Expert
Marketing in 2026 Audiences, Costs, and Smarter AI
Marketing in 2026 Audiences, Costs, and Smarter AI
As brokers eye B2B business and compete with fintechs and crypto exchanges alike, marketers need to act wisely with often limited budgets. AI can offer scalable solutions, but only if used properly.
Join seasoned marketing executives and specialists as they discuss the main challenges they identify in financial services in 2026 and how they address them.
Attendees of this session will walk away with:
- A nuts-and-bolts account of acquisition costs across platforms and geos
- Analysis of today’s multi-layered audience segments and differences in behaviour
- First-hand account of how global brokers balance consistency and local flavour
- Notes from the field about intelligently using AI and automation in marketing
Speakers:
-Yam Yehoshua, Editor-In-Chief at Finance Magnates
-Federico Paderni, Managing Director for Growth Markets in Europe at X
-Jo Benton, Chief Marketing Officer, Consulting | Fractional CMO
-Itai Levitan, Head of Strategy at investingLive
-Roberto Napolitano, CMO at Innovate Finance
-Tony Cross, Director at Monk Communications
#fmls #fmls25 #fmevents #FintechMarketing #AI #DigitalStrategy #Fintech #Innovation
Connect with us at:
🔗 LinkedIn: / financemagnates-events
👍 Facebook: / financemagnatesevents
📸 Instagram: / fmevents_official
🐦 Twitter: / f_m_events
🎥 TikTok: / fmevents_official
As brokers eye B2B business and compete with fintechs and crypto exchanges alike, marketers need to act wisely with often limited budgets. AI can offer scalable solutions, but only if used properly.
Join seasoned marketing executives and specialists as they discuss the main challenges they identify in financial services in 2026 and how they address them.
Attendees of this session will walk away with:
- A nuts-and-bolts account of acquisition costs across platforms and geos
- Analysis of today’s multi-layered audience segments and differences in behaviour
- First-hand account of how global brokers balance consistency and local flavour
- Notes from the field about intelligently using AI and automation in marketing
Speakers:
-Yam Yehoshua, Editor-In-Chief at Finance Magnates
-Federico Paderni, Managing Director for Growth Markets in Europe at X
-Jo Benton, Chief Marketing Officer, Consulting | Fractional CMO
-Itai Levitan, Head of Strategy at investingLive
-Roberto Napolitano, CMO at Innovate Finance
-Tony Cross, Director at Monk Communications
#fmls #fmls25 #fmevents #FintechMarketing #AI #DigitalStrategy #Fintech #Innovation
Connect with us at:
🔗 LinkedIn: / financemagnates-events
👍 Facebook: / financemagnatesevents
📸 Instagram: / fmevents_official
🐦 Twitter: / f_m_events
🎥 TikTok: / fmevents_official
Much like their traders in the market, brokers must diversify to manage risk and stay resilient. But that can get costly, clunky, and lengthy.
This candid panel brings together builders across the trading infrastructure space to uncover the shifting dynamics behind tools, interfaces, and full-stack ambitions.
Attendees will hear:
-Why platform dependency has become one of the most overlooked risks in the trading business?
-Buy vs. build: What do hybrid models look like, and why are industry graveyards filled with failed ‘killer apps’?
-How AI is already changing execution, risk, and reporting—and what’s next?
-Which features, assets, and tools gain the most traction, and where brokers should look for tech-driven retention?
Speakers:
-Stephen Miles, Chief Revenue Officer at FYNXT
-John Morris, Co-Founder at FXBlue
-Matthew Smith, Group Chair & CEO at EC Markets
-Tom Higgins, Founder & CEO at Gold-i
-Gil Ben Hur, Founder at 5% Group
#fmls #fmls25 #fmevents #Brokers #Trading #Fintech #FintechInnovation #TradingTechnology #Innovation
Connect with us at:
🔗 LinkedIn: / financemagnates-events
👍 Facebook: / financemagnatesevents
📸 Instagram: / fmevents_official
🐦 Twitter: / f_m_events
🎥 TikTok: / fmevents_official
Much like their traders in the market, brokers must diversify to manage risk and stay resilient. But that can get costly, clunky, and lengthy.
This candid panel brings together builders across the trading infrastructure space to uncover the shifting dynamics behind tools, interfaces, and full-stack ambitions.
Attendees will hear:
-Why platform dependency has become one of the most overlooked risks in the trading business?
-Buy vs. build: What do hybrid models look like, and why are industry graveyards filled with failed ‘killer apps’?
-How AI is already changing execution, risk, and reporting—and what’s next?
-Which features, assets, and tools gain the most traction, and where brokers should look for tech-driven retention?
Speakers:
-Stephen Miles, Chief Revenue Officer at FYNXT
-John Morris, Co-Founder at FXBlue
-Matthew Smith, Group Chair & CEO at EC Markets
-Tom Higgins, Founder & CEO at Gold-i
-Gil Ben Hur, Founder at 5% Group
#fmls #fmls25 #fmevents #Brokers #Trading #Fintech #FintechInnovation #TradingTechnology #Innovation
Connect with us at:
🔗 LinkedIn: / financemagnates-events
👍 Facebook: / financemagnatesevents
📸 Instagram: / fmevents_official
🐦 Twitter: / f_m_events
🎥 TikTok: / fmevents_official
Educators, IBs, And Other Regional Growth Drivers
Educators, IBs, And Other Regional Growth Drivers
When acquisition costs rise and AI generated reviews are exactly as useful as they sound, performing and fair partners can make or break brokers.
This session looks at how these players are shaping access, trust and user engagement, and what the most effective partnership models look like in 2025.
Key Themes:
- Building trader communities through education and local expertise
- Aligning broker incentives with long-term regional strategies
- Regional regulation and the realities of compliant acquisition
- What’s next for performance-driven partnerships in online trading
Speakers:
-Adam Button, Chief Currency Analyst at investingLive
-Zander Van Der Merwe, Key Individual & Head of Sales at TD Markets
-Brunno Huertas, Regional Manager – Latin America at Tickmill
-Paul Chalmers, CEO at UK Trading Academy
#fmls #fmls25 #fmevents #Brokers #FinanceLeadership #Trading #Fintech #BrokerGrowth #FintechPartnerships #RegionalMarkets
Connect with us at:
🔗 LinkedIn: / financemagnates-events
👍 Facebook: / financemagnatesevents
📸 Instagram: / fmevents_official
🐦 Twitter: / f_m_events
🎥 TikTok: / fmevents_official
When acquisition costs rise and AI generated reviews are exactly as useful as they sound, performing and fair partners can make or break brokers.
This session looks at how these players are shaping access, trust and user engagement, and what the most effective partnership models look like in 2025.
Key Themes:
- Building trader communities through education and local expertise
- Aligning broker incentives with long-term regional strategies
- Regional regulation and the realities of compliant acquisition
- What’s next for performance-driven partnerships in online trading
Speakers:
-Adam Button, Chief Currency Analyst at investingLive
-Zander Van Der Merwe, Key Individual & Head of Sales at TD Markets
-Brunno Huertas, Regional Manager – Latin America at Tickmill
-Paul Chalmers, CEO at UK Trading Academy
#fmls #fmls25 #fmevents #Brokers #FinanceLeadership #Trading #Fintech #BrokerGrowth #FintechPartnerships #RegionalMarkets
Connect with us at:
🔗 LinkedIn: / financemagnates-events
👍 Facebook: / financemagnatesevents
📸 Instagram: / fmevents_official
🐦 Twitter: / f_m_events
🎥 TikTok: / fmevents_official
The Leap to Everything App: Are Brokers There Yet?
The Leap to Everything App: Are Brokers There Yet?
As the arms race to bundle investing, personal finance, and wallets under super apps grows fiercer, brokers are caught between a rock and a hard place.
This session explores unexpected ways for industry players to collaborate as consumer habits evolve, competitors eye the traffic, and regulation becomes more nuanced.
Speakers:
-Laura McCracken,CEO | Advisory Board Member at Blackheath Advisors | The Payments Association
-Slobodan Manojlović,Vice President | Lead Software Engineer at JP Morgan Chase & Co.
-Jordan Sinclair, President at Robinhood UK
-Simon Pelletier, Head of Product at Yuh
Gerald Perez, CEO at Interactive Brokers UK
#fmls #fmls25 #fmevents #Brokers #FinanceLeadership #Trading #Fintech #Innovation
Connect with us at:
🔗 LinkedIn: / financemagnates-events
👍 Facebook: / financemagnatesevents
📸 Instagram: / fmevents_official
🐦 Twitter: / f_m_events
🎥 TikTok: / fmevents_official
As the arms race to bundle investing, personal finance, and wallets under super apps grows fiercer, brokers are caught between a rock and a hard place.
This session explores unexpected ways for industry players to collaborate as consumer habits evolve, competitors eye the traffic, and regulation becomes more nuanced.
Speakers:
-Laura McCracken,CEO | Advisory Board Member at Blackheath Advisors | The Payments Association
-Slobodan Manojlović,Vice President | Lead Software Engineer at JP Morgan Chase & Co.
-Jordan Sinclair, President at Robinhood UK
-Simon Pelletier, Head of Product at Yuh
Gerald Perez, CEO at Interactive Brokers UK
#fmls #fmls25 #fmevents #Brokers #FinanceLeadership #Trading #Fintech #Innovation
Connect with us at:
🔗 LinkedIn: / financemagnates-events
👍 Facebook: / financemagnatesevents
📸 Instagram: / fmevents_official
🐦 Twitter: / f_m_events
🎥 TikTok: / fmevents_official
Mind The Gap: Can Retail Investors Save the UK Stock Market?
Mind The Gap: Can Retail Investors Save the UK Stock Market?
As the dire state of listing and investment in the UK goes from a financial services problem to a national challenge, the retail investing industry is taken to task.
Join a host of executives and experts for a candid conversation about the future of millions of Brits, as seen from a financial services standpoint:
-Are they happy with the Leeds Reform, in principle and in practice?
-Is it the government’s job to affect the ‘saver’ mentality? Is it doing well?
-What can brokers and fintechs do to spur UK investment?
-How can the FCA balance greater flexibility with consumer protection?
Speakers:
-Adam Button, Chief Currency Analyst at investingLive
-Nicola Higgs, Partner at Latham & Watkins
-Dan Lane, Investment Content Lead at Robinhood UK
-Jack Crone, PR & Public Affairs Lead at IG
-David Belle, Founder at Fink Money
#fmls #fmls25 #fmevents #Brokers #FinanceLeadership #Trading #Fintech #RetailInvesting #UKFinance
Connect with us at:
🔗 LinkedIn: / financemagnates-events
👍 Facebook: / financemagnatesevents
📸 Instagram: / fmevents_official
🐦 Twitter: / f_m_events
🎥 TikTok: / fmevents_official
As the dire state of listing and investment in the UK goes from a financial services problem to a national challenge, the retail investing industry is taken to task.
Join a host of executives and experts for a candid conversation about the future of millions of Brits, as seen from a financial services standpoint:
-Are they happy with the Leeds Reform, in principle and in practice?
-Is it the government’s job to affect the ‘saver’ mentality? Is it doing well?
-What can brokers and fintechs do to spur UK investment?
-How can the FCA balance greater flexibility with consumer protection?
Speakers:
-Adam Button, Chief Currency Analyst at investingLive
-Nicola Higgs, Partner at Latham & Watkins
-Dan Lane, Investment Content Lead at Robinhood UK
-Jack Crone, PR & Public Affairs Lead at IG
-David Belle, Founder at Fink Money
#fmls #fmls25 #fmevents #Brokers #FinanceLeadership #Trading #Fintech #RetailInvesting #UKFinance
Connect with us at:
🔗 LinkedIn: / financemagnates-events
👍 Facebook: / financemagnatesevents
📸 Instagram: / fmevents_official
🐦 Twitter: / f_m_events
🎥 TikTok: / fmevents_official
