Positive market sentiment can be seen in 2023 as Bitcoin’s price has increased from $16,500 to $24,500 since the beginning of the year.
The present market has prompted one prominent cryptocurrency trader and analyst to share his bullish outlook on Bitcoin (BTC) as the flagship cryptocurrency attempts to break above its resistance level of $25,000.
The crypto analyst who goes by the alias Kaleo told his followers on Twitter that the price of bitcoin is getting closer and closer to the $40,000 mark.
Here’s his stance on the BTC movement before halving.
Source: https://coinpedia.org/bitcoin/crypto-expert-forecasts-bitcoin-bull-run-btc-price-to-40000-by-mid-2023/