Since 2022, the value of Bitcoin has begun to fall. Following that, 2023 was a much worse year; in late 2003, a new version of Bitcoin was released. Furthermore, the market is gradually improving and stabilising. By 2024, we expect a slow recovery from our Bitcoin downturn. In the near future, it will also bring us good news. Things will get better with time. Do you think Bitcoin will be superior by 2024? Please share your thoughts.
What are you saying? I don't think you know much about Bitcoin, you could have at least studied the chart before bringing out facts. Point of correction, Bitcoin started falling in 2021 after hitting the ATH of almost $69,000, and not 2022, but the fall was aggravated in 2022 due to the global inflation that bit so hard. This happened till late 2022 when the coin was close to $15,000, that was when it started rebounding and recovering until we achieved the price we are now.
The year 2023 was a mixture of both bearish and bullish movements, but in the end, the bullish trend prevailed, and thanks to the ETF saga that made it happen. Going forward, since we are in the season of halving spirits, I believe that the post and pre-halving effects will continue to play out, and in the end, Bitcoin will record tremendous gains over time.