The world’s largest token has advanced for nine straight days, the longest such streak since 2020, according to data compiled by Bloomberg. Bitcoin has added more than 10% this month and second-largest token Ether about 17%.
Bets that inflation is cooling and that the Federal Reserve will slow the pace of interest-rate hikes have helped all manner of assets at the start of 2023. For Bitcoin, the recent gains are a stark contrast to last year’s slump of more than 60% amid a series of crypto blowups, including the fall of the FTX exchange.
Long may it continue. If it follows the past 13years trends then 23,24,25 will be 3 good years of rallies. 26 slump. 27, 28, 29 another rally. 30 slump, 31, 32,33 rally....i sell some of my crypto then😁
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