Today is the last day of 2023. I wish everyone had a great year.
For crypto this year was in recovery phase.
Bitcoin opened around 16000 and is closing somewhere around 42000 - 43000.
Bitcoin dominance in the market also increased by 10% from January 2023 to December 2023. Currently at around 51%.
Total Market Cap also doubled during the year.
No one can predict the future but if I take the courage to do it I might say that 2024 would be great for Crypto.
This is because of a few simple reasons.
1) Probably Bitcoin ETF approval
2) If the above happens institutions will join the market
3) Bitcoin halving (historically this is a great event for the crypto market)
If Bitcoin pumps then every altcoins pumps as well.
I wish everyone a Happy 2024 and hope Bitcoin will skyrocket!
