I am really surprised that Bitcoin is up so much in 2023. Not because of Bitcoin itself, but because of the abrupt nature of the change with no real news or events preceding the rise in price.

Now, is Bitcoin being up 40% an anomaly, No, but it is a good sign after the brutal 2022. Are we in the beginning of a sustained bull run?  I hope so.

The rest of the market has been generally up as well. My own investments in approximately 10 various coins or tokens is up approximately 40% as well (42% to be exact ) since the beginning of 2023.

This is all great news, but the current rise does not make a lot of investors whole yet. It is a great start, and six months earlier than I expected. We will see shortly if this is a sustained run, or if prices will drop even further compared to where they were in December 2022.

Think about Bitcoin being up 40%. If you bought only one at $17,000 in December, you would have made nearly $6,000 dollars since then as it is just under $23,000 today.  I wrote about his a few weeks ago, that someday people will be looking at that price under $20,000 and be kicking themselves (if they can afford it) by not buying at that price.

I love that prices are up, even though I am (slightly) sad I cannot buy at prices like I did in December.

Here's hoping for new ATH's