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 ?
The surprise that has occurred is the price increase of up to $44K and Bitcoin is able to survive with an increase of several months in 2023 in a row.2023 to reach the highest level is still impossible. Our hope is that Bitcoin to achieve the highest lever may be achieved by the end of 2024 or early 2025.
Increasing the price of Bitcoin in the last three months if I am not wrong in remembering it is so fun because more than half half of 2023 the market struggles to be like now.
We did got a good increased at the beginning of the year, just look at this data:
So far we have 9 months out of the 12 that we have at least in the green area. As compare to last year, more reds 8/12. So it's a complete U-turn for this year and it seems that we will end up maybe around $45k or more as what the majority have predicted.
But it doesn't mean that we are done though, 2024-2025 is expected to be one of the biggest bull run in bitcoin's young history so it's better to just buy and hold for now and not sell even if we see more than 100% gain since the lowest low of $15,500 from last year.