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Bitcoin Starts March on the Right Foot. History Says It May Not End That Way.
linkweb3
2023-03-01
3867
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Summary：The price of Bitcoin has risen 1.5% over the past 24 hours to $23,750. The largest digital asset is still up some 40% so far this year, but has largely failed to consolidate above the $24,000 level, to say nothing of above $25,000—the peak of a recent rally that also marks the highest point since last summer. Bitcoin rose from around $16,500 at the end of December to above $23,000 by the end of January, but has failed to make the same scale of progress in the month since.
The price of Bitcoin has risen 1.5% over the past 24 hours to $23,750. The largest digital asset is still up some 40% so far this year, but has largely failed to consolidate above the $24,000 level, to say nothing of above $25,000—the peak of a recent rally that also marks the highest point since last summer. Bitcoin rose from around $16,500 at the end of December to above $23,000 by the end of January, but has failed to make the same scale of progress in the month since.
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