• Bitcoin has recently regained value, spiking a new sentiment in the market.
• Ben Armstrong, a popular YouTuber known as BitBoy, predicted a bullish trend for Bitcoin in the coming weeks.
• According to Armstrong, Bitcoin will gradually reach $25,000 or $30,000 this year within the next 10 to 15 weeks.
The crypto market is entering a new phase in 2023, as most crypto assets have regained value over the past few days. This bullish trend has spurred a renewed optimism in the market, with several positive predictions emerging. Among these predictions is one by Ben Armstrong, a popular YouTuber known as BitBoy.
Armstrong, the author of the book “Catching Up To Crypto,” took to Twitter to share his views on the future of BTC’s price surge. He noted that the primary crypto asset has triggered a bullish sentiment in the crypto community due to its recent uptrend. On January 12th, Bitcoin reached $19,000 during trading hours, after breaking the $18,000 barrier. A review of the price history indicated that BTC had reached the $15K region in November 2022, and had been alternating between $16,000 and $17,000 in December 2022.
Armstrong predicted that Bitcoin will gradually reach $25,000 or $30,000 this year, with the price rally occurring within the next 10 to 15 weeks. There is an increasing bullishness in the trades with Bitcoin as well. On January 11, Armstrong wrote about his belief in Bitcoin’s price explosion in 2023, but noted that it might not hit a new all-time high (ATH) this year.
As the crypto market continues to grow, more people are turning their attention to Bitcoin and other cryptocurrencies. With the predictions of an upcoming price surge, interest in Bitcoin is expected to further increase. This could potentially lead to a new ATH in 2023, with the crypto market having the potential to expand even further. For now, the crypto community will have to wait and see what the future holds.