Bitcoin has surged for 2.87% today and reached the highest level in 2023.
2.8% is just a percentage increase in 24h or 1d. If you look again at the Bitcoin price graph on several sites, it has changed again - it has increased by 3% and will still be able to increase and decrease according to my analysis when monitoring the Bitcoin graph rate on tradingview.
Does this year has more surprises for us and we can break all time high of bitcoin ?
I don't know how it will go at the end of this year. I think this year there will not be a high price because in the cycle it still takes many days to reach a new historical high price level.
I referred to several sources regarding the Bitcoin halving time which said it was around 130 days away plus the number of days after the halving. Here I said the highest record still won't happen this year but based on current calculations it will happen in 2024 and I still don't dare say it will definitely happen.
indeed the price of btc lately always gives good surprises and is very difficult to go down, indeed 2% as op said in just 24 hours and I also remember when the market was bearish and the price of bitcoin was below $19$ so now it can be said to be increasing btc price will be close to 60% since the bear market. And of course, people who buy BTC at a cheap price at that time, like $17k, will potentially get a 60% profit if they still hold it, but if they hold it for longer, they will potentially get an even bigger profit.
yes, I agree with your opinion and indeed we will not know the fate of BTC whether it will create ATH new one this year or not and I also think that BTC certainly needs a process and time to reach its highest level and usually mentally, time will also influence its path . price increases. The current BTC price of $39480 is certainly an achievement and positive response given by Bitcoin.
