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These are the boldest bitcoin predictions for 2024 — one calls for a 1,000% rally to $500,000

These are the boldest bitcoin predictions for 2024 — one calls for a 1,000% rally to $500,000

Filip Radwanski | Sopa Images | Lightrocket | Getty Images

Bitcoin had a huge rally in 2023, with the digital currency up some 152% for the year.

And a number of commentators CNBC spoke to — both inside and outside of the cryptocurrency industry — expect the rise to continue.

After hitting a record high in 2021, bitcoin had a rough 2022, which was marked by the collapse of high-profile projects, liquidity issues and bankruptcies.

That year,…


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