How high can Bitcoin price go by 2024? By Cointelegraph

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© Reuters.

(BTC) is up over 70% so far in 2023, helped by a banking crisis and hopes about a spot BTC exchange-traded fund (ETF) approval in the United States.

daily price chart. Source: TradingView

So, will Bitcoin price continue to climb for the rest of 2023? Cointelegraph takes a look at its chances and possible BTC price targets.

BTC/USD price performance comparison between 2020 and 2023. Source: TradingView/Stockmoney Lizards
Bitcoin miner reserves in 2023. Source: CryptoQuant
BTC/USD daily price chart ft. BARR breakout setup. Source: TradingView