The current price of bitcoin is always interesting for us to observe, especially after the biggest increase that has occurred in January which reaches more than 40% and in my opinion the potential to skyrocket is very much awaited, the fact of August until now cannot pass $ 30k so that it makes us have to be patient and don't panic.
The price of Bitcoin had started to pump just yesterday and the chart is still in greed color which would tell us that it was picking up high. But yes, it wasn't enough to reach $30k and we don't know what holds them. However, I was not disappointed yet instead, I was positive that this month of August we are able to break the $30k. Well, for now, I was not thinking about skyrocket price, this year 2023 isn't the year of Bitcoin as it was still in favor to meme coins but despite with the current situation, faith is still there.
Compared to last year, this year could well be called a good year for bitcoin. The price is now more than double what it was at the beginning of the year. It is hard to say what will happen until the end of August, but this month is also favourable for bitcoin so far. I hope that the remaining few weeks will not bring a fall. But it's also probably too early to say that 30k will be broken.