The Bitcoin market is evolving continually, and the changes are good. In other words, the market for bitcoin is steadily growing. For everyone, this is very excellent news. Due to the fact that 2022 was a really awful year for Bitcoin. This year, the cost of bitcoin has been continuously declining. However, the Bitcoin market has shown promising signs since the start of 2023. In comparison to 2022, the Bitcoin market experienced a significant pump at the beginning of this year, and so far, this trend has continued.
In general, Bitcoin is developing slowly but surely and at the beginning of this year, we have seen a solid pump, the price went from $16k to $24K in less than 3 months although the consecutive attempts from the governments to break Bitcoin down. In addition to that, I highly doubt if Bitcoin is going to reach ATH in this year. In my opinion, the maximum price will be $40K However, we should be prepared for unexpected events, in previous years every time we expected a solid bull run to come, the opposite has happened in a terrible way.
Sadly, this crypto market is dramatically volatile and unpredictable. The more you have different plans and strategies, the more you make good decisions.