I was a bit surprised to wake up to a greater than $38K BTC price this morning. It seems like no matter what news comes out Bitcoin is just going to keep rallying. Feels like it is going to end the year above the $40K mark which in itself might be enough to get some people off the sidelines and into the market once the total year performance is in the books.
I think that it could possibly cross that $40k mark in this year and I'm sure that there are chances of it getting close to $50k. All it needs is a intense up moment to reach $50k which can happen anytime when we see a positive news aka approval of spot ETFs. I'm still positive that if Bitcoin could reach $50k in 2023 then nothing will be able to stop it from crossing $100k to $120k in the bull run.