Fifty thousand is cheap now. I believe that Bitcoin will give us an unimaginable price this year!
In 2021, the currency price dropped from 69,000 to 1 bit, which was really the darkest moment in the industry. It lasted for half a year. After giving some hope, it plunged again and returned to the starting point. The market was cold for several days. The fluctuation of a hundred points is not as direct as that of Yu'ebao, so the market takes one year to prove that this project is not dead. The whole year of 2023 is the best proof!
January (Bitcoin price: $23125.13)
The first thunder of the year! SEC launches in-depth investigation into Genesis parent company DCG
February (Bitcoin price: $23141.57)
Blur token is launched, injecting great liquidity into the NFT market
March (Bitcoin price: $27511.71)
Banks went bankrupt one after another
April (Bitcoin price: $29233.21)
A number of favorable policies were introduced, Hong Kong showed its determination to develop Web 3.0, and Ethereum ushered in Shanghai’s upgrade
May (Bitcoin price: $27210.35)
"MeMe" and "Tugou" are popular
June (Bitcoin price: $29500.06)
The SEC launched an indictment against Changpeng Zhao and Binance, and at the same time, the asset management giant BlackRock submitted an application for iShares Bitcoin Trust, starting a new round of Bitcoin spot ETF application competition!
(Major turning point!)
A historic moment in August (Bitcoin price: $30,000)
The market’s confidence in the successful approval of the Bitcoin spot ETF has once again been ignited.
Let’s look at the “green light” given to Bitcoin spot exchange-traded funds (ETFs) in recent days (January 10th). 11 ETFs were approved to be listed for trading starting from Thursday (January 11th) local time. This is a change in cryptography. A game changer for the currency industry.
The currency price exceeded 50,000! The market landscape has changed again. The launch of Bitcoin spot ETF has undoubtedly changed the rules of the game for Bitcoin, allowing institutional and retail investors to gain access to the world's largest cryptocurrency by market value without directly holding Bitcoin.
We didn't give up when we were at the bottom, so now when we are at the top, we just follow the trend unconditionally. Nothing is achieved overnight, and the hard work behind it should be praised by future generations!
