Given the historical pattern of Bitcoin development, an anal

Given the historical pattern of Bitcoin development, an analyst on crypto Twitter with the identity TechDev has observed the Bitcoin price would reach between $160,000 and $180,000 by December 2023.

Aviso legal: Se incluyen opiniones de terceros. Esto no representa una asesoría financiera. Puede haber contenido patrocinado. Lee los TyC.

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The total crypto market cap attained its highest value in November 2021, when the value rallied to $3.05 trillion at the peak of the bull run. Since then, that value has retraced, dropping as low as $826 billion in December 2022.

As of writing, the $1.16 trillion total crypto market cap on CoinGecko comprised the individual market caps of 10,240 tokens in 103 categories across 745 exchanges.

Some users think 2023 is too early and project 2025 for the cycle completion.

Bitcoin will reach $180,000 by December 2023 following historical price cycles, TechDev predicts.

The price movement has recovered off the 21-day MA with massive green candlesticks, indicating that there may still be some positive enthusiasm in the market.

.css-1iqe90x{box-sizing:border-box;margin:0;min-width:0;color:#EAECEF;}Given the historical pattern of Bitcoin development, an analyst on crypto Twitter with the identity TechDev has observed the Bitcoin price would reach between $160,000 and $180,000 by December 2023.

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Given the historical pattern of Bitcoin development, an analyst on crypto Twitter with the identity TechDev has observed the Bitcoin price would reach between $160,000 and $180,000 by December 2023.