Future Crypto Trends Unveiled at Crypto Christmas Event


In an annual homage to Charles Dickens’ “A Christmas Carol,” a cadre of experts congregated to discuss the crypto market’s past, present, and future. Thus, readers may unlock guidance to navigate the labyrinth of 2024’s crypto trends.

This year’s Crypto Christmas pays particular attention to the surging interest in Bitcoin’s performance and the speculation over which coin holds the greatest untapped potential.

We began our exploration by turning to JLabs Digital, once known as Jarvis Labs, a beacon in the realm of crypto analytics. Their prowess has won acclaim across the evolving landscape of cryptocurrency for the firm’s robust data-driven approach and their accessible analytic style.

Since their consequential expansion in 2022, the JLabs Digital team has continued to augment their expertise with new analysts, educational resources, and innovative channels for disseminating their insights. Last year, we commingled thoughts with co-founder Ben Lilly, who prophesied a maturation of crypto in the aftermath of the FTX collapse and comparable events.

JJ of JLabs Digital provided an elucidation of this year’s rally in contrast to previous cycles, touched upon the most undervalued coin, and forecasted potential market upheaval.

“When Bitcoin surpassed the $40,000 mark, it ignited speculation about the waning of the bear market,” JJ mused. “However, the ascent was largely fueled by a sweep of short positions, especially as the $30K threshold approached. This coerced buying propelled us past $40,000. To maintain such momentum, continuance in spot buying is crucial—aiming for a price orbit between $48,000 and $52,000. The sustainability of this level is suspect; a retest of the $30,000 mark could well be in the cards, a significant marker for investors and traders as we head into 2024.”

Regarding the current exuberance around Bitcoin’s new highs, JJ contemplates the dawn of a bull market, rife with its inevitable ebbs and flows.

“The blueprint for 2024 hinges on a slew of potential catalysts: burgeoning discussions of a Bitcoin spot ETF, hints of more lenient policies from the US Federal Reserve, and the anticipation of ‘The Halving.’ Yet, the journey towards uncharted peaks is fraught with complexity. For instance, hundreds of thousands of Bitcoins held in trust by Grayscale may flood the market, testing the elasticity of demand.”

“The symphony of events shaping the market is undeniably opulent,” JJ adds. “The Federal Reserve’s nod towards rate cuts, the infusion of demand precipitated by ETFs, coupled with the concurrent reduction in supply post-Halving – all signs point towards a banner year for Bitcoin. Nonetheless, a retracement to the $28K-$30K region seems inevitable before the market ascends with vigor in the latter half of 2024.”

As for sectors positioned to reap the rewards of an upturn, JJ casts an analytical gaze over the burgeoning ecosystems such as Solana and the NFT market. However, he warns of the mercurial nature of nascent narratives that are yet to solidify.

“Ethereum, in my estimation, appears remarkably undervalued, especially when considering the high likelihood of an Ethereum spot ETF materializing in the latter half of 2024. An event such as this could significantly recalibrate the market, underscoring Ethereum’s relative value against speculative altcoins.”

This analysis serves as a beacon for those captivated by the pulsing heart of cryptocurrency, hoping to decrypt the threads of future trends. With each passing day, the crypto landscape unwinds a tale of volatility and vision, promising to both startle and guide those who are vigilant.

Previous articlePolkadot Faces Reversal Risk After TD Sequential Signal
Next articleDogecoin Gains Momentum with Rising New User Addresses
Melinda Cochrane is a poet, teacher and fiction author. She is also the editor and publisher of The Inspired Heart, a collection of international writers. Melinda also runs a publishing company, Melinda Cochrane International books for aspiring writers, based out Montreal, Quebec. Her publication credits include: The art of poetic inquiry, (Backalong Books), a novella, Desperate Freedom, (Brian Wrixon Books Canada), and 2 collections of poetry; The Man Who Stole Father’s Boat, (Backalong Books), and She’s an Island Poet, Desperate Freedom was on the bestseller's list for one week, and The Man Who Stole Father’s Boat is one of hope and encouragement for all those living in the social welfare system. She’s been published in online magazines such as, (regular writer for) ‘Life as a Human’, and Shannon Grissom’s magazine.


Please enter your comment!
Please enter your name here