Thu 07 Dec 2023 ▪
7 min read
▪
by
Luc Jose A.
Since January 2023, bitcoin (BTC) has experienced several breakthroughs that have caused its value to skyrocket. The asset has repeatedly reached the $30,000 mark. A resistance level that it vigorously broke through to reach the $40,000 mark, double its price at the beginning of the year. The asset is currently trading around $43,655 after a 4.52% increase in the last 24 hours. Bitcoin (BTC) is showing a level of dynamism that we haven't seen in several months. However, in this context, some financiers believe that all the hype surrounding the flagship cryptocurrency is biased. Let's see in the following lines what this is all about.