Bitcoin above $45k! What is Next..

This year has started on a good note for the cryptocurrency market because the Bitcoin price has gone beyond 45K U.S. dollars where it was struggling in the last month. We have seen good positive momentum in Bitcoin price in the last few weeks but there was a correction and because of that it dropped. There is a good jump on the last day of the prize and this is why we can say that the start of this new year is good for the cryptocurrency enthusiast.

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We also need to understand that this is the year for Bitcoin halving and usually as per the historical records the price of Bitcoin has gone into a bull run in the same year. However, their price appreciation will take some time since the halving is expected to happen in April. The last cycle happened for the halving in April 2020 and after four years it is going to happen in April 2024. Even the last Bitcoin bull run cycle was started in 2020 and ended in 2022. This was one of the biggest cycles so far and you never know if the next cycling and also be similar to. this.

We can't say how the prices will behave in the next few weeks however the current sentiments are positive in the market and the ETF news is still getting more attraction. If we get to know about ETF in the coming months then expect more bullish sentiment on Bitcoin which will drive the value altogether on the overall crypto market.

Everyone in the crypto market likes green colour and the chart I have shared above shows that even the trend is quite good It can make us feel better and hopeful for further price rises on Bitcoin as well as other cryptocurrency coins in the market.

Thank you so much for stopping by and if you like my article then kindly spare an upward and share your thoughts in the comments.

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