HomeUncategorizedBitcoin gained 300% in year before last halving — Is 2023 different? By Cointelegraph

Bitcoin gained 300% in year before last halving — Is 2023 different? By Cointelegraph

January 11, 2023

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(BTC) is facing a “bottoming candle” in 2023, but BTC price action is still more than able to surprise the market.

In a tweet on Jan. 11, popular trader and analyst Rekt Capital predicted that could see “decent upside” this year.

BTC/USD annotated chart. Source: Rekt Capital/Twitter
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Bitcoin net unrealized profit/loss ratio annotated chart. Source: Games of Trades/Twitter
U.S. personal savings rate annotated chart. Source: Nick Gerli/Twitter