Bitcoin is having a Happy New Year, making a new high from all the way back in April of 2022:
Weekly candles
Lower rates on the horizon have been supporting all sorts of risk trades. Halving coming not doing it any harm either:
- Bitcoin, rising in price to over USD50K due to a ‘halvening’ (some call it ‘halving’)
And:
- Goldman Sachs on the scooping up of crypto by institutions in 2023
- JP Morgan Forecasts Ether to Outperform Bitcoin in 2024: Protodanksharding boost for ETH
This article was written by Eamonn Sheridan at www.forexlive.com.
