Quote from: Yamifoud on December 03, 2023, 09:36:51 PM

Quote from: dhruvfire on December 01, 2023, 12:07:11 PM

https://www.livemint.com/market/cryptocurrency/bitcoin-surges-2-87-to-its-highest-level-this-year-11701429005470.html

Bitcoin has surged for 2.87% today and reached the highest level in 2023. Does this year has more surprises for us and we can break all time high of bitcoin ?

Pumps are really the thing we gonna expect during December just like it happened before but we couldn't be confident enough that we're going straight to bullish or ATH as we are still too far from that. As halving gets closer, demand rises together with the price. The price of Bitcoin is currently $39,600 and probably it surpass $40k any of these days. With the current situation of the market, we are being too positive that this year the price of Bitcoin will stay above $40k.

As it was already assumed that the price of Bitcoin could increase from the end of this year we are seeing the current market conditions. We have reached the last month of 2023. Next year we look forward to Bitcoin halving. Since Halving will be organized, the confidence of the investors in the market has been also increased. Although we thought that maybe we could see Bitcoin surpass 40K in the last week of this month but it already surpass. Bitcoin is going to be bullish beyond the expected time. Meanwhile, the market has risen to $41700. I think if this trend continues we will cross 45k soon. Today the total market cap has reached 1.615 trillion. This is definitely a positive aspect. We expect to see a new Bitcoin ATH surpassing the previous ATH next year.