Since the bull is gradually rising, I'd it will reduce the level of inflation controls and policies that will favour the bulls. It will encourage more buy by investors and big time entrepreneurs, surprisely this year bitcoin would have records more subscribers and price stabilities. Looking at many countries revolution of bitcoin like New Zealand, US, El Salvador, China, Africa and so on, if this countries can possibly readjust policies to favour bitcoin by mid year, it will experience excess rising.
But the question is; is it possible for bitcoin to reach $60k by this year? No serious bulls happening currently and if it continues in this little increase probably it will not get anywhere close to $60k. Share your views.
With the market volatility it's possible for a rise to occur that could raise price to $60k above on the grounds that if more investors key in within the next remaining months of the year. One thing amongst others I observed about bitcoin price movement this year 2023 is that it takes a falling step backwards and double step upwards after a few moments. For anyone that have been following up the patterns there's a slow but steady increase this year and it's possible price can go beyond $60k, not forgetting that it tested around $31k days ago before going down to it current price of $27k and I wouldn't be surprised if we experience a rise in price beyond $31k to about $34k thereabout before the end of May.