📰 News flash: Could Bitcoin price increase by the end of 2023? 🚀

- The current Bitcoin price has decreased by 11% in the past 6 months, but is still up 60% compared to the beginning of the year.

- Below are 6 important factors affecting Bitcoin price in the fourth quarter of 2023, including 4 positive factors and 2 negative factors.

👍 Positive:

1. Monetary inflation does not go away: Monetary inflation is the main reason why Bitcoin price increases.

2. Bitcoin Halving in April 2024: This event usually causes Bitcoin prices to increase in the months before and after.

3. Bitcoin RSI: Technical indicators show that Bitcoin price may bottom and increase sharply in the future.

4. Bitcoin market share reaches nearly 50%: This shows strong support for Bitcoin compared to other virtual currencies.

👎 Negative:

1. Geopolitical risk: Conflicts in the Middle East can negatively affect Bitcoin price.

2. FTX Trial and Regulatory Ambiguity: Lack of regulatory clarity could put downward pressure on Bitcoin and the cryptocurrency industry.

🤔 With 4 positive factors and 2 negative factors, the Bitcoin price outlook in the fourth quarter of 2023 is somewhat mixed but points towards the positive side.