Should we expect a Bull Run in 2023?
First, let's take a look at how Bull Runs have happened in past years: 2013 There were several price spikes in 2013, with the rate gradually climbing until it went into a rapid growth phase and went from $13 to $1,000 in November. Having reached a high, by December the exchange rate had fallen to $500. 2017 In January, the exchange rate returned to $1,000 and continued to grow. By May it doubled, and by December it reached a new historical maximum ($19,000). The growth of the exchange rate was going by leaps and bounds due to traders' uncertainty about the future vector of the price vision. After reaching the high, the price dropped below $10,000. 2020–2021 From the fall of 2020, the trend turned upward ($10,000) and reached $64,000 by April 2021. After that, there was a fall by more than 2 times. The rate recovered by November and reached $69,000. After updating the historical maximum, the rate began to fall. Bitcoin spent all of 2022 in a downtrend. Now let's l...