6 Things to Watch in Q3 2023 as Bitcoin Price Almost Doubled Since January

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6 Things to Watch in Q3 2023 as Bitcoin Price Almost Doubled Since January
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⚠️ Bitcoin's price has almost doubled since January! What is next for $BTC and the crypto market? Here are 6 things to watch for in Q3 2023 -

Bitcoin’s price is doing rounds in 2023. As we enter the third quarter for the year, here are six factors worth your consideration.

Since rallying to $29,900 on June 22, Bitcoin has been trading sideways in a range-bound channel between $30,100 and $31,100. That follows a surge upward from the $25,000 level in the middle of June, the lowest price for the coin since March.Current spot prices happenclose to a 13-month high level for Bitcoin. Is the market overheated or gearing up for another rally?

Furthermore, this key metric of fundamental value is already on track in July to set another record. On July 9, Bitcoin processed and completed 594,265 transactions.

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