How High Can Bitcoin Price Reach by 2024? Insights from Cointelegraph

Bitcoin’s Surge in 2023: A Look Ahead

Bitcoin (BTC) has experienced a remarkable increase of over 70% in 2023, primarily driven by a banking crisis and growing expectations surrounding the approval of a spot Bitcoin exchange-traded fund (ETF) in the United States.

Now the question arises: will Bitcoin’s price continue to rise for the remainder of 2023? This article examines potential forecasts and price targets for BTC as the year progresses.

Recent data showcases Bitcoin miner reserves and presents a daily price chart featuring breakout setups, providing further insights into its market performance.

As the year unfolds, investors and enthusiasts alike are keenly watching Bitcoin’s movements, hoping for sustained growth.