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2023 is only 6 weeks old and Bitcoin has risen 45%+ already!
Those who bought Bitcoin on New Year’s day have almost doubled their money especially if they were using margin. Just by letting it sit and doing nothing.
Based on a historical analysis of its performance, the king of crypto is expected to continue its bullish momentum in 2023.
The coin is currently fighting the $25,000 resistance. If it manages to cross it successfully, it is expected that it will keep rising in the next coming weeks to cross over the $30,000 mark.
With the value of many fiat currencies depreciating especially in the current looming recession, Bitcoin acts as a hedge against this.
The gain in the price of Bitcoin has also led to the gain in the prices of many other crypto tokens and coins. Some have risen 200+% since the beginning of the new year from the all-time lows they plunged to during the 2022 bear market.
Holders and successful traders have been smiling all the way to their favourite exchanges as they see their money gain in value while they sleep.
Make sure you are not left behind when many coins will be flying to the moon moving forward. Purchase your coins early enough to benefit just by doing nothing.
