Finally, Bitcoin Climbs Past $30,000 for the First Time Since June 2022
The World’s largest digital asset gains more than 75% year to date as Analysts eye further rebound suggesting recovery is partially due to lower liquidity (lol?)
Finally, BTC breaks through to new highs for 2023 making closer to true the predictions of many a rabid bitcoiner, heading towards the wild estimations of $300,000, $500,000 and even the moon-tastic hope of $1,000,000.
The rally is more than 80% since the start of the year, making the POS ETH whiners feel a little silly. Well, only a little.
The spike is even more intense than nearly 20% of gains on the Nasdaq 100 retracing some of the digital token’s losses from 2022 following a series of crypto-related breakups and slowdowns. Bitcoin is still on sale more than 50% from its all-time high in November 2021. Where will it head from here? Who knows. Risk what you can afford to lose.