Will 2024 be a year of bitcoin expansion?

As the cryptocurrency market continues to evolve, many investors are wondering if 2024 will be a pivotal year for bitcoin's expansion. With institutional adoption on the rise, and governments around the world increasingly recognizing the potential of digital currencies, could this be the year that bitcoin truly breaks out into the mainstream? Or are there still challenges and obstacles that need to be overcome before this can happen? Let's take a closer look at the factors that could influence bitcoin's growth in 2024 and see if we can find any clues to the answer to this question.